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Average Veterinarians Salary in Minneapolis-St. Paul-Bloomington, MN-WI

Veterinarians in the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area earn an average annual salary of $126,250. This figure is notably below the national average of $140,740, suggesting that while the demand is present, compensation may be influenced by regional economic factors and the overall supply of veterinary professionals in the area.

Executive Summary

  • Average Salary: $126,250 per year.
  • Growth Trend: Salaries have shifted 36.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $174,720.
  • Outlook: The Minneapolis-St. Paul-Bloomington area supports a robust veterinary workforce of 1,410 professionals. With a Location Quotient of 1.4, indicating a concentration 40% higher than the national average, the demand for veterinarians in this region is significantly pronounced, suggesting a stable and potentially growing job market for these essential animal care providers.
2024 Market Data

Salary Overview

$126,250

The average Veterinarians in Minneapolis-St. Paul-Bloomington, MN-WI earns-10.3%below the national average.

BreakdownBased on 40h/week
Hourly

$60.7

Weekly

$2,428

Monthly

$10,521

Veterinarians Salary Distribution in Minneapolis-St. Paul-Bloomington, MN-WI

Salary progression for veterinarians in Minneapolis-St. Paul-Bloomington, MN-WI, typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and extensive experience can command salaries well into the higher percentiles. These percentile gaps are a clear indicator of the career advancement opportunities and the value placed on expertise within the veterinary field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$80,250$38.6
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$94,688$45.5
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$124,660$59.9
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$157,813$75.9
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$174,720$84

Detailed Veterinarians Market Analysis

Relocation Context

Nominal Salary

$126,250

Gross Pay

Real Wage (Purchasing Power)

$126,250

Adjusted for COL (100)

The average annual salary of $126,250 for veterinarians in Minneapolis-St. Paul-Bloomington aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a veterinarian's salary in this metropolitan area is equivalent to the national average, offering a stable financial environment without the added pressure of a significantly higher or lower cost of living.

Job Market Context

1,410

Total Jobs

0.731

Per 1K Jobs

1.4

Location Quotient

Above Average

With a location quotient of 1.40, Minneapolis-St. Paul-Bloomington, MN-WI has a slightly higher-than-average concentration of Veterinarians roles compared to the national norm.

A Location Quotient of 1.4 for veterinarians in Minneapolis-St. Paul-Bloomington signifies a higher concentration of these professionals compared to the national average. This suggests a competitive market where demand is strong, but the supply is also relatively abundant, potentially influencing salary negotiations and job availability.

Nearby Job Markets

Nearby Cities for Veterinarians

Comparing salaries near Minneapolis-St. Paul-Bloomington, MN-WI

Hiring Veterinarianss?

Frequently Asked Questions

How much does a Veterinarians make in Minneapolis-St. Paul-Bloomington, MN-WI?

The median annual salary for a Veterinarians in Minneapolis-St. Paul-Bloomington, MN-WI is $126,250. This typically ranges from $80,250 for entry-level positions to $174,720 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 10.3% lower than the national median of $140,740.

Is Minneapolis-St. Paul-Bloomington, MN-WI a lucrative place for Veterinarianss?

Yes, with caveats.While the average salary of $126,250 is below the national average, the strong concentration of veterinarians (LQ 1.4) and a national average cost of living indicate a stable and potentially rewarding career environment.

Is Minneapolis-St. Paul-Bloomington, MN-WI a good place to live for Veterinarians?

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 Northwest Minnesota nonmetropolitan area ($108,690) and Southeast Minnesota nonmetropolitan area.

How does the Minneapolis-St. Paul-Bloomington veterinarian salary compare to the national average?

Veterinarians in Minneapolis-St. Paul-Bloomington earn an average of $126,250 annually, which is approximately $14,490 less than the national average of $140,740.

What is the concentration of veterinarians in Minneapolis-St. Paul-Bloomington?

The Location Quotient for veterinarians in this area is 1.4, meaning there are 40% more veterinarians employed per worker than the national average, indicating a higher demand or supply relative to other professions.

How does the cost of living affect a veterinarian's salary in Minneapolis-St. Paul-Bloomington?

With a Cost of Living Index of 100, the local cost of living is exactly at the national average. This means the $126,250 salary has the same purchasing power as the national average salary.

What is the total number of veterinarians in the Minneapolis-St. Paul-Bloomington area?

There are approximately 1,410 veterinarians employed in 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 1,410 employees in the Minneapolis-St. Paul-Bloomington, MN-WI area with a job density of 0.731 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.