Career Atlas USA

Psychiatrists Salary in Minneapolis-St. Paul-Bloomington, MN-WI

According to the latest U.S. Bureau of Labor Statistics data, the median annual wage for Psychiatrists in Minneapolis-St. Paul-Bloomington, MN-WI is $336,410. BLS estimates approximately 330 people work in this occupation in Minneapolis-St. Paul-Bloomington, MN-WI. Minneapolis-St. Paul-Bloomington, MN-WI is 19.3% above the national median ($281,870).

Median salary
$336,410
Average salary
$358,870
Median hourly
$161.74
Employment
330

Salary Distribution

Not everyone earns the median. Percentile wages show the range of pay within this occupation.

PercentileAnnual wageHourly wage
10th percentile$186,520$89.68
25th percentile$314,480$151.19
Median (50th)$336,410$161.74
75th percentile$364,290$175.14
90th percentile$539,400$259.33

Data Reliability

BLS OEWS is a survey, not a full census — every estimate carries a margin of error. The relative standard error (RSE) below is BLS’s own measure of how much an estimate could vary; lower is more precise.

Wage estimate
RSE 9.3% — Reliable
Employment estimate
RSE 17.4% — Use with caution

Where Does Your Salary Fall?

Enter an annual salary to see roughly where it falls among reported wages for this occupation, based on the percentile points above.

$

Concentration

Jobs per 1,000
0.169
Location quotient
0.94

Cost-of-Living Adjusted Salary

Minneapolis-St. Paul-Bloomington, MN-WI’s regional price level is above the national average (index 104.822, where 100 = U.S. average). Adjusted for that, the median salary has the purchasing power of $320,935 at the national price level.

This is a Career Atlas USA calculation based on BLS wage data and BEA Regional Price Parities. It is not a separate BLS wage estimate. Wage data: May 2025. Cost-of-living data: 2024.

Sources

Wage data: BLS Occupational Employment and Wage Statistics (OEWS)May 2025 (release 25).

Figures shown as “Not available” reflect wages the source does not publish (e.g. suppressed for reliability), not zero.

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