Physician Salary in Minneapolis, MN
Physician salary data for Minneapolis, MN — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.
Physician Salary in Minneapolis, MN — 2026
The median Physician salary in Minneapolis, MN is $217,260 per year ($18,105/month, $104/hr). This reflects the local cost of living index of 102, which is 2% above the national average.
Physician Take-Home Pay in Minneapolis
Tax Breakdown (Median Salary)
| Gross Annual | $217,260 |
| Federal Tax | -$41,786 |
| State Tax (6.8%) | -$14,774 |
| FICA (SS + Medicare) | -$14,068 |
| Annual Take-Home | $146,632 |
| Monthly Take-Home | $12,219 |
Living Cost Comparison
Physician Requirements
Key Skills
Minneapolis Job Market Overview
Minneapolis, Minnesota has a population of 429,954 and an unemployment rate of 2.8%. The top industries are Finance, Healthcare, Technology. The local job growth rate is 2.0%, and the average commute time is 25 minutes.
Related Healthcare Salaries in Minneapolis
Physician Salary in Nearby Minnesota Cities
Frequently Asked Questions
What is the average Physician salary in Minneapolis, MN?
How much does a Physician take home in Minneapolis after taxes?
Is Minneapolis a good city for Physicians?
What skills are needed for a Physician in Minneapolis?
How does Physician salary in Minneapolis compare to the national average?
Calculate Your Exact Take-Home Pay
Use our free paycheck calculator to see your after-tax income based on your specific salary, deductions, and filing status.
Calculate NowExplore More
Frequently Asked Questions
What is the average Physician salary in Minneapolis, MN?
The median Physician salary in Minneapolis, MN is $217,260 per year as of 2026. This is adjusted for the local cost of living index of 102. Entry-level Physicians earn around $177,480, while senior-level professionals can earn $308,040 or more.
How much does a Physician take home in Minneapolis after taxes?
A Physician earning the median salary of $217,260 in Minneapolis, MN takes home approximately $146,632 per year ($12,219/month) after federal, state, and local taxes. The effective tax rate is 32.5%.
Is Minneapolis a good city for Physicians?
Minneapolis, MN has a cost of living index of 102 (above national average). Physicians here earn above the city median. The local unemployment rate is 2.8% and top industries include Finance, Healthcare, Technology.
What skills are needed for a Physician in Minneapolis?
Key skills for Physicians include Diagnosis, Treatment Planning, Patient Communication, Clinical Research, EHR. Typical education requirement is Doctor of Medicine (MD). Valuable certifications include USMLE, Board Certification, State Licensure.
How does Physician salary in Minneapolis compare to the national average?
The national median Physician salary is $213,000. In Minneapolis, the adjusted salary is $217,260, which is 2.0% higher than the national average, reflecting the local cost of living.