Average Psychologists, All Other Salary in Minneapolis-St. Paul-Bloomington, MN-WI
Psychologists, All Other in the Minneapolis-St. Paul-Bloomington, MN-WI area command an impressive average annual salary of $108,460, significantly outpacing the national average of $95,160. This elevated compensation is likely driven by a combination of specialized local demand and the region's robust economic landscape, which supports higher pay scales for skilled professionals.
Executive Summary
- Average Salary: $108,460 per year.
- Growth Trend: Salaries have shifted 9.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $139,010.
- Outlook: With a local workforce of 270 Psychologists, All Other, and a Location Quotient of 1.2, the Minneapolis-St. Paul metropolitan area demonstrates a notable concentration of these professionals compared to the national average. This suggests a stable and potentially growing demand for their specialized services within the region, indicating a healthy job market for this occupation.
Salary Overview
The average Psychologists, All Other in Minneapolis-St. Paul-Bloomington, MN-WI earns+14.0%above the national average.
$52.1
$2,086
$9,038
Psychologists, All Other Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Psychologists, All Other in Minneapolis-St. Paul have experienced consistent growth over the past four years, mirroring national trends of increasing demand for mental health services and professional specialization. This upward trajectory is typical for roles requiring advanced degrees and specialized skills in a dynamic economic environment.
Psychologists, All Other Salary Distribution in Minneapolis-St. Paul-Bloomington, MN-WI
Career progression for Psychologists, All Other typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized expertise can command salaries well into the upper percentiles, reflecting their value and contribution to the field. The gap between entry-level and senior roles highlights substantial opportunities for career and financial advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $54,790 | $26.3 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $81,345 | $39.1 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $115,850 | $55.7 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $135,575 | $65.2 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $139,010 | $66.8 |
Detailed Psychologists, All Other Market Analysis
Relocation Context
Nominal Salary
$108,460
Gross Pay
Real Wage (Purchasing Power)
$108,460
Adjusted for COL (100)
The average annual salary of $108,460 in Minneapolis-St. Paul-Bloomington aligns perfectly with the national average Cost of Living Index of 100. This means that the higher nominal salary translates directly into equivalent purchasing power compared to the national average, making the region financially attractive for psychologists seeking to relocate or establish their careers.
Job Market Context
270
Total Jobs
0.138
Per 1K Jobs
1.2
Location Quotient
With a location quotient of 1.20, Minneapolis-St. Paul-Bloomington, MN-WI has a slightly higher-than-average concentration of Psychologists, All Other roles compared to the national norm.
A Location Quotient of 1.2 indicates that Psychologists, All Other are 20% more concentrated in the Minneapolis-St. Paul-Bloomington area than the national average. This suggests a robust market with a higher prevalence of these roles, potentially offering more diverse opportunities and a competitive environment that rewards specialized skills and experience.
Nearby Job Markets
Nearby Cities for Psychologists, All Other
| City | Salary | Dist. |
|---|---|---|
| St. Cloud, MN Psychologists, All Other Salary | $98,940↓ 9% | 59 mi |
Comparing salaries near Minneapolis-St. Paul-Bloomington, MN-WI
Hiring Psychologists, All Others?
Frequently Asked Questions
How much does a Psychologists, All Other make in Minneapolis-St. Paul-Bloomington, MN-WI?
The median annual salary for a Psychologists, All Other in Minneapolis-St. Paul-Bloomington, MN-WI is $108,460. This typically ranges from $54,790 for entry-level positions to $139,010 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Minneapolis-St. Paul-Bloomington, MN-WI is 14.0% higher than the national median of $95,160.
Is Minneapolis-St. Paul-Bloomington, MN-WI a lucrative place for Psychologists, All Others?
Yes, it is a lucrative location.The average salary of $108,460 significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong purchasing power.
Is Minneapolis-St. Paul-Bloomington, MN-WI a good place to live for Psychologists, All Others?
The Cost of Living Index in Minneapolis-St. Paul-Bloomington, MN-WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Minneapolis-St. Paul-Bloomington, MN-WI?
Some top paying nearby cities include St. Cloud, MN ($98,940) and others.
How does the Minneapolis-St. Paul psychologist salary compare to the national average?
The average annual salary for Psychologists, All Other in Minneapolis-St. Paul-Bloomington is $108,460, which is $13,290 higher than the national average of $95,160.
What is the concentration of Psychologists, All Other in Minneapolis-St. Paul?
The Location Quotient of 1.2 signifies that this occupation is 20% more concentrated in Minneapolis-St. Paul-Bloomington than the national average, indicating a higher demand or presence of these professionals.
Does the cost of living affect the value of the Minneapolis psychologist salary?
No, the cost of living in Minneapolis-St. Paul-Bloomington is at the national average (100), meaning the higher salary offers equivalent or greater purchasing power compared to national averages.
How many Psychologists, All Other work in the Minneapolis-St. Paul area?
There are approximately 270 Psychologists, All Other employed within the Minneapolis-St. Paul-Bloomington metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the Minneapolis-St. Paul-Bloomington, MN-WI area with a job density of 0.138 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Psychologists, All Other • Data source: BLS OEWS 2024 •Jobs in Minneapolis-St. Paul-Bloomington, MN-WI