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As of August 01, 2026, the average salary for a Licensed Psychologist in Minnesota is $96,854 per year, which breaks down to an hourly rate of $47.
However, a Licensed Psychologist's salary can vary significantly. Here’s a look at the typical salary range:
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Licensed Psychologist Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $104,590 | $8,716 | $2,011 | $50 |
| Average | $96,854 | $8,071 | $1,863 | $47 |
| 25th Percentile | $85,344 | $7,112 | $1,641 | $41 |
Rula Health - Chisago City, MN
Rula Health - Minneapolis, MN
Headway - Northfield, MN
Headway - Saint Paul, MN
A Licensed Psychologist's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Licensed Psychologists. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Licensed Psychologist roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the Healthcare and Biotechnology sectors offer the strongest compensation, at 50% above the average. In contrast, Licensed Psychologist positions in Pharmaceuticals or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Licensed Psychologist as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Healthcare | $145,282 | $70.0 | 50% |
| Biotechnology | $116,225 | $56.0 | 20% |
Understanding how a Licensed Psychologist's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $104,590 | $8,716 | $2,011 | $50 |
| Average | $96,854 | $8,071 | $1,863 | $47 |
| 25th Percentile | $85,344 | $7,112 | $1,641 | $41 |
Ready to take the next step in your career? Browse thousands of current Licensed Psychologist job openings on our job board. Use the search bar below to find your perfect match.
Headway
Northfield, MN
Headway | Northfield, MN
Headway, a pioneering force in mental health services, is seeking a Licensed Clinical Psychologist to join our dedicated team. At Headway, we streamline th... more
1 Day Ago
Headway
Roseville, MN
Headway | Roseville, MN
Headway, a pioneering force in mental health services, is seeking a Licensed Clinical Psychologist to join our dedicated team. At Headway, we streamline th... more
1 Day Ago
Headway
Duluth, MN
Headway | Duluth, MN
Headway, a pioneering force in mental health services, is seeking a Licensed Clinical Psychologist to join our dedicated team. At Headway, we streamline th... more
1 Day Ago
Headway
Lauderdale, MN
Headway | Lauderdale, MN
Headway, a pioneering force in mental health services, is seeking a Licensed Clinical Psychologist to join our dedicated team. At Headway, we streamline th... more
1 Day Ago
Headway
Mankato, MN
Headway | Mankato, MN
Headway, a pioneering force in mental health services, is seeking a Licensed Clinical Psychologist to join our dedicated team. At Headway, we streamline th... more
1 Day Ago
Headway
Rochester, MN
Headway | Rochester, MN
Headway, a pioneering force in mental health services, is seeking a Licensed Clinical Psychologist to join our dedicated team. At Headway, we streamline th... more
1 Day Ago
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