Psychiatrist Salary in Rochester, MN ()
Updated 54 days ago · 10 observed active listings
In Rochester, MN, the current labor market for psychiatrists is marked by a robust demand, indicated by the 10 open positions available. Employers such as Talkiatry and the renowned Mayo Clinic are actively seeking talent, which enhances job seekers' negotiating leverage. This demand is coupled with a significant salary range, reflecting varying experience levels and the specialized skills needed in this field. As competition for qualified professionals increases, employers may be compelled to offer more attractive compensation packages.
Salary Distribution
Key Insights
- The trimmed average salary of $98,608 highlights a concentration of positions offering competitive pay, suggesting that employers are willing to invest in attracting skilled psychiatrists amidst a tightening labor market.
- The large salary range ($20,000–$140,000) indicates variability in job roles, with entry-level positions starting at the lower end ($40,000 at the 10th percentile) and seasoned professionals earning significantly more, showcasing the disparity in experience and specialization within the field.
- With 1,458 positions available at the $140,000 mark, it is evident that a substantial number of roles offer above-average compensation, reflecting a high demand for experienced psychiatrists in Rochester's healthcare sector.
- The gap between the 25th percentile ($60,000) and the 75th percentile ($140,000) suggests a wide range of experience levels being hired, from those just entering the field to highly experienced practitioners, indicating employers' willingness to pay a premium for advanced skills and expertise.
- The presence of major employers like Mayo Clinic and BlueSky Telepsych signals a concentrated market for mental health services, driving up salary expectations as these institutions compete for top talent in an increasingly demanding healthcare environment.
Current Psychiatrist Jobs in Rochester
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BlueSky Telepsych · Rochester, Olmsted County$270,400 – $499,200
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Headway · Rochester, Olmsted County$413,920 – $497,120
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CompHealth · Rochester, Olmsted County$301,000 – $350,000
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Talkiatry · Rochester, Olmsted County$160,000 – $240,000
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State of Minnesota · Rochester, Olmsted County$173,983 – $173,983
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Headway · Rochester, Olmsted County$155,674 – $155,674
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Headway · Rochester, Olmsted County$133,402 – $133,402
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Mayo Clinic · Rochester, Olmsted County$108,642 – $108,642
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Mayo Clinic · Rochester, Olmsted County$73,978 – $73,978
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Mayo Clinic · Rochester, Olmsted County$69,734 – $69,734
Frequently Asked Questions
What is the average Psychiatrist salary in Rochester, MN?
The average Psychiatrist salary in Rochester, MN is $98,608 per year, with a range from $20,000 to $140,000.
How many Psychiatrist jobs are available in Rochester?
There are currently 10 open Psychiatrist positions in Rochester, MN.
What factors affect Psychiatrist salaries in Rochester?
Psychiatrist salaries in Rochester vary based on experience level, company size, industry sector, certifications, and demand. Cost of living in Rochester also plays a significant role in compensation levels.
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Career Intelligence — Psychiatrist in Rochester
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