Know your market value with insights across roles — from individual contributors to executive pay and overall company compensation trends.
Access a suite of powerful calculators to make data-driven career decisions.
Automate pay cycles, manage job architectures, and ensure pay equity with AI-powered compensation platforms.
Access validated salary benchmarks, labor market trends, and minimum wage data to stay competitive.
Participate in and purchase industry-specific salary surveys to obtain the most accurate, peer-reported pay data.
As of August 01, 2026, the average salary for a Practice Owner in Minnesota is $78,002 per year, which breaks down to an hourly rate of $38.
However, a Practice Owner's salary can vary significantly. Here’s a look at the typical salary range:
Compensation Planning
Develop a Job Description
Pay Equity
2026 Compensation Trend
Recruit with AI
Smart Recruiting
Practice Owner Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $85,589 | $7,132 | $1,646 | $41 |
| Average | $78,002 | $6,500 | $1,500 | $38 |
| 25th Percentile | $69,018 | $5,752 | $1,327 | $33 |
Sunflower Medical Group/Heartland Primary Care Private Practice - LENEXA, KS
Refresh Valley Dental - NORTHAMPTON, MA
Kenan Advantage Group - WHITEHALL, PA
Quality Carriers - MERRILLVILLE, IN
A Practice Owner'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 Practice Owners. 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 Practice Owner 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 Biotechnology and Aerospace & Defense sectors offer the strongest compensation, at 50% above the average. In contrast, Practice Owner positions in Edu., Gov't. & Nonprofit or Transportation typically offer lower base pay, as these industries often view Practice Owner as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Biotechnology | $117,004 | $56.0 | 50% |
Understanding how a Practice Owner'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 | $85,589 | $7,132 | $1,646 | $41 |
| Average | $78,002 | $6,500 | $1,500 | $38 |
| 25th Percentile | $69,018 | $5,752 | $1,327 | $33 |
Ready to take the next step in your career? Browse thousands of current Practice Owner job openings on our job board. Use the search bar below to find your perfect match.
Quality Carriers
LANSING, IL
Quality Carriers | LANSING, IL
Quality Carriers is seeking Class A Regional Owner Operators to safely haul bulk liquid chemicals across designated regional lanes. As an independent contr... more
9 Days Ago
Quality Carriers
SUMMIT, IL
Quality Carriers | SUMMIT, IL
Quality Carriers seeks Class A Regional Owner Operators to haul bulk liquid chemicals across the region. Partner with one of North America’s largest chemic... more
9 Days Ago
Quality Carriers
CHICAGO, IL
Quality Carriers | CHICAGO, IL
Quality Carriers is seeking safety-focused Class A Regional Owner Operators to haul bulk liquid chemicals across a regional network. As an independent cont... more
13 Days Ago
Quality Carriers
DOWNTOWN JOLIET, IL
Quality Carriers | DOWNTOWN JOLIET, IL
Quality Carriers seeks Class A Regional Owner Operators to haul bulk liquid chemicals safely across assigned regional lanes. Partner with one of North Amer... more
13 Days Ago
Fast Pace Health
SANDY HILL, LA
Fast Pace Health | SANDY HILL, LA
Fast Pace Health, known for its commitment to providing exceptional urgent care, primary care, and specialty services, is seeking a qualified Family Nurse ... more
6 Days Ago
Fast Pace Health
ANACOCO, LA
Fast Pace Health | ANACOCO, LA
Fast Pace Health, known for its commitment to providing exceptional urgent care, primary care, and specialty services, is seeking a qualified Family Nurse ... more
6 Days Ago
Get a Salary Increase
Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings
Search thousands of open positions to find your next opportunity.
Adjust Employee Salary
Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs
Get the latest market price for benchmark jobs and jobs in your industry.
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.
Explore Cost of Living CalculatorSalary.com experts will help you thrive your workplaces.
Salary.com provides salary survey data for thousands of industry Jobs.
Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Salary.com's CompAnalyst platform offers:
