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Average Physicians, All Other Salary in St. Cloud, MN

Physicians, All Other in St. Cloud, MN, command an impressive average annual salary of $368,980, significantly outpacing the national average of $256,170. This substantial difference is often dictated by the specialized demand and the unique healthcare needs within the St. Cloud region, which may necessitate higher compensation to attract and retain top medical talent.

Executive Summary

  • Average Salary: $368,980 per year.
  • Growth Trend: Salaries have shifted 36.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $553,470.
  • Outlook: The St. Cloud, MN job market for Physicians, All Other appears robust, supported by a local workforce of 250 professionals. While not an overwhelmingly large number, the Location Quotient of 1.18 suggests a concentration of these roles slightly above the national average, indicating a steady and perhaps growing demand for their specialized skills within the community.
2024 Market Data

Salary Overview

$368,980

The average Physicians, All Other in St. Cloud, MN earns+44.0%above the national average.

BreakdownBased on 40h/week
Hourly

$177.4

Weekly

$7,096

Monthly

$30,748

Physicians, All Other Salary Distribution in St. Cloud, MN

Salary progression for Physicians, All Other in St. Cloud, MN, typically shows a significant increase with experience. Entry-level positions might start at a lower percentile, but as professionals gain years of practice, acquire specialized certifications, and take on more complex cases, their earning potential escalates considerably. The gap between the 25th and 75th percentiles, for instance, would signify substantial career advancement and increased earning capacity.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$177,580$85.4
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$276,735$133
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$368,992$177.4
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$461,225$221.7
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$553,470$266.1

Detailed Physicians, All Other Market Analysis

Relocation Context

Nominal Salary

$368,980

Gross Pay

Real Wage (Purchasing Power)

$368,980

Adjusted for COL (100)

The nominal average salary of $368,980 in St. Cloud, MN, holds considerable purchasing power, especially given the local Cost of Living Index is precisely at the national average of 100. This means that the high earnings translate directly into a strong standard of living, allowing physicians to enjoy the benefits of their substantial income without the added financial strain of a higher cost of living.

Job Market Context

250

Total Jobs

2.417

Per 1K Jobs

1.18

Location Quotient

Above Average

With a location quotient of 1.18, St. Cloud, MN has a slightly higher-than-average concentration of Physicians, All Other roles compared to the national norm.

With a Location Quotient of 1.18, St. Cloud, MN, exhibits a slightly higher concentration of Physicians, All Other compared to the national average. This suggests that while the profession is well-represented, the market is not oversaturated, indicating a healthy demand for these specialized roles. It implies a competitive but accessible environment for both employers seeking talent and professionals looking for opportunities.

Nearby Job Markets

Hiring Physicians, All Others?

Frequently Asked Questions

How much does a Physicians, All Other make in St. Cloud, MN?

The median annual salary for a Physicians, All Other in St. Cloud, MN is $368,980. This typically ranges from $177,580 for entry-level positions to $553,470 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in St. Cloud, MN is 44.0% higher than the national median of $256,170.

Is St. Cloud, MN a lucrative place for Physicians, All Other?

Yes, St. Cloud, MN is a highly lucrative location for Physicians, All Other.The average salary of $368,980 significantly exceeds the national average, and with a cost of living at the national benchmark, the purchasing power of this salary is exceptionally strong.

Is St. Cloud, MN a good place to live for Physicians, All Others?

The Cost of Living Index in St. Cloud, MN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near St. Cloud, MN?

Some top paying nearby cities include Northwest Minnesota nonmetropolitan area ($313,650) and Southeast Minnesota nonmetropolitan area.

How does the St. Cloud physician salary compare to the national average?

Physicians, All Other in St. Cloud earn an average of $368,980 annually, which is approximately $112,810 more than the national average of $256,170.

What is the significance of the Location Quotient (LQ) for Physicians, All Other in St. Cloud?

An LQ of 1.18 indicates that St. Cloud has about 18% more Physicians, All Other per worker than the national average, suggesting a slightly higher concentration and potentially strong local demand for these professionals.

How does the Cost of Living in St. Cloud affect the physician salary?

The Cost of Living Index in St. Cloud is 100, which is the national average. This means the high average salary of $368,980 offers excellent purchasing power without being eroded by higher living expenses.

What does the total local workforce number imply for job availability?

With a total local workforce of 250 Physicians, All Other, the market size is moderate. This suggests a stable job environment rather than rapid expansion, with opportunities likely arising from turnover or specific healthcare needs.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the St. Cloud, MN area with a job density of 2.417 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.