SOC 29-1223 · Rochester, MN metro

Psychiatrists Salary in Rochester, MN

The average salary for psychiatrists in Rochester, Minnesota is $251,400 a year ($120.87 an hour), according to BLS estimates for May 2025. The median is $341,540: half of the 130 people in this job in the Rochester, MN metro area earn more than that, half earn less. That average is 8% less than the U.S. metro average for this job ($274,472).

$251,400average per year

$120.87 / hourMedian $341,540Take-home ≈ $166,540

  • $78K10th
  • $78K25th
  • $342KMedian
  • $382K75th
  • $393K90th

median average · bar = middle 50% of workers

130people in this job
-8%vs U.S. metro average
#2 of 2Minnesota metros
91cost of living (U.S. = 100)
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Psychiatrists pay range in Rochester

New workers and the lowest-paid 10% earn about $78,200 a year or less, while the top 10% make $393,150 or more. The middle half of psychiatrists in Rochester earn between $78,200 and $382,210.

  • $78K10th
  • $78K25th
  • $342KMedian
  • $382K75th
  • $393K90th

median average · bar = middle 50% of workers

Pay levelPer yearPer monthPer hour*
Average$251,400$20,950$120.87
Median$341,540$28,462$164.20
Entry level (25th percentile)$78,200$6,517$37.60
Experienced (75th percentile)$382,210$31,851$183.75

*Hourly figures assume 2,080 paid hours a year.

Psychiatrists salary after taxes in Rochester

On the average salary of $251,400, a single filer in Rochester takes home about $166,540 a year, or $13,878 a month and $6,405 every two weeks. Taxes take 34% of gross pay.

Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Minnesota Paid Leave premiums are not included.

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Is Rochester a good place for psychiatrists? Pay vs. cost of living

Prices in the Rochester area are 9% below the U.S. average (BEA price parity 90.8), so the average $251,400 buys what about $276,808 would buy in a typical U.S. metro. This job pays 5.6 times the median wage of all jobs in Rochester ($60,620). A typical home costs $343,121, or 1.4 years of this average salary before tax.

See what $251,400 is worth in another city

Psychiatrists salary in other Minnesota cities

Rochester ranks 2nd of 2 Minnesota metro areas for this job; Minneapolis pays the most ($358,870).

All Psychiatrists salaries in Minnesota

Highest-paying cities for psychiatrists

Miami, FL pays this job the most of the metro areas we cover ($378,670).

Psychiatrists salary by city

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Reviewed before it counts. Psychiatrists in Rochester, MN.

Psychiatrists salary in Rochester: questions

How much do psychiatrists make an hour in Rochester?

$120.87 an hour on average, and $164.20 at the median (BLS, May 2025).

What is the entry-level psychiatrists salary in Rochester?

The lowest-paid 10% earn about $78,200 a year and the 25th percentile is $78,200, a fair guide to starting pay.

What is the psychiatrists take-home pay in Rochester?

About $166,540 a year ($13,878 a month) for a single filer on the average salary of $251,400. Minnesota Paid Leave premiums are not included.

Do psychiatrists earn more in Rochester than elsewhere?

The average here is 8% less than the U.S. metro average for this job ($274,472).

Sources and how to read this page

  • Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 29-1223; area Rochester, MN (40340). Relative standard error of the mean wage: 3.1%.
  • Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
  • Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
  • Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Minnesota Paid Leave premiums are not included.
  • Job concentration: location quotient 6.08, this job is 6.1 times as concentrated as in the U.S. overall.

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