Psychiatrists Salary in Minneapolis, MN-WI

BLS Occupational Employment & Wage Statistics • May 2025 • Minneapolis-St. Paul-Bloomington, MN-WI

Median annual salary $336,410
Median hourly $161.74
10th percentile $186,520
90th percentile $539,400
Employed locally 330

Compare Psychiatrists salary & buying power

Type a city below to see how Minneapolis, MN-WI stacks up on salary and cost of living.

Full tool →
Psychiatrists
in
Minneapolis, MN-WI
vs

    Salary percentile breakdown

    10th
    $186,520
    25th
    $314,480
    50th (median)
    $336,410
    75th
    $364,290
    90th
    $539,400

    Minneapolis economic context

    Unemployment rate 2.90% 2024 annual avg • BLS LAUS
    Median household income $98,180 2023 • Census ACS
    Psychiatrists salary vs area income 343% Median Psychiatrists salary is 243% above the area median household income

    Top-paying metros for Psychiatrists

    Metro areaMedian salary
    Springfield, IL $413,890
    Burlington-South Burlington, VT $409,950
    Gainesville, FL $404,240
    Miami-Fort Lauderdale-West Palm Beach, FL $403,430
    Ocala, FL $396,200
    New Haven, CT $381,890

    Nearby metros — Psychiatrists salary comparison

    Metro areaMedian salary
    Rochester, MN $341,540

    Related occupations in Minneapolis, MN-WI

    OccupationMedian salary
    Registered Nurses $102,240
    Licensed Practical and Licensed Vocational Nurses $62,310
    Nurse Practitioners $128,570
    Pharmacy Technicians $49,170
    Pharmacists $156,060
    Physicians, All Other $378,730

    Frequently asked questions

    How much do Psychiatrists make per hour in Minneapolis?

    The median hourly wage for Psychiatrists in Minneapolis, MN-WI is $161.74, based on BLS OEWS 2025 data. Top earners (90th percentile) make $259.33 or more per hour.

    What is the entry-level salary for Psychiatrists in Minneapolis?

    Entry-level Psychiatrists (10th percentile) earn around $186,520 per year in Minneapolis, MN-WI. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $314,480.