Physician Salary in Minnesota
Physicians in Minnesota earn an average of $251,900 per year across 1 metro area. This is +5.3% higher than the national average.
Average Salary
$251,900
per year
Hourly Rate
$121.11
per hour
vs National
+5.3%
$239,200 national
Salary Range
$157,219
to $375,515
Cost of Living Adjusted Salary
Nominal Salary
$251,900
Cost of Living Index
99
100 = national average
Adjusted Salary
$254,444
purchasing power equivalent
After adjusting for Minnesota's cost of living (below average), a Physician's salary of $251,900 has the purchasing power of $254,444 in an average-cost area.
Physician Salary by City in Minnesota
| City | Median Salary | Hourly Rate | Entry Level (P10) | Senior (P90) | Employment |
|---|---|---|---|---|---|
| Minneapolis, MN | $251,900 | $121.11/hr | $157,219 | $375,515 | 277 |
Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).
Minnesota vs National Average
Physician Salary Comparison
Employment in Minnesota
There are approximately 277 Physicians employed across 1 metro area in Minnesota.
Key Industries: Healthcare, Finance, Manufacturing
State Income Tax: 5.35% - 9.85%
Physician Salary Range in Minnesota
Entry Level (10th Percentile)
$157,219
Starting salary for new Physicians
Median (50th Percentile)
$251,900
Mid-career Physician salary
Senior (90th Percentile)
$375,515
Top earners in the field
Related Occupations in Minnesota
Physician Salary in Neighboring States
Compare Physician salaries in Minnesota with nearby states to find the best opportunities.
More Minnesota Data
Frequently Asked Questions
What is the average Physician salary in Minnesota?
The average Physician salary in Minnesota is $251,900 per year ($121.11/hour) based on 2026 data across 1 metro areas. This is 5.3% above the national average of $239,200.
What is the highest paying city for Physicians in Minnesota?
Minneapolis, MN is the highest paying city for Physicians in Minnesota, with a median salary of $251,900 per year.
What is the salary range for Physicians in Minnesota?
Physician salaries in Minnesota range from $157,219 (entry-level, 10th percentile) to $375,515 (experienced, 90th percentile). The median salary is $251,900 per year.
About This Data
Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. State-level averages are calculated from metro area data within Minnesota. Figures represent 2026 estimates and may not reflect all employers or self-employed workers. Cost of living adjustments use regional indices to provide purchasing power context.