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Minnesota, known as the North Star State, in the Midwest of the United States is a great place for CRNA jobs in America as it has the most number of CRNA jobs in the country. It ranks #7 out of the 50 States for number of certified nurse anesthetist jobs. Through this page, I will focus on three key topics of CRNA Salary in Minnesota:
Topic 1: CRNA Salary Minnesota versus the US National Level
CRNA Salary Minnesota from BLS
According to the U.S Bureau of Labor Statistics in their latest report, the average CRNA salary in Minnesota this year is US$192,290. This is 6% above / (below) than the national average CRNA salary of US$181,040 per year. The nurse anesthetist starting salary Minnesota will be lower than the state and national average usually anywhere from 10-20%. The average hourly wage for CRNA Salary in MN is US$92 per hour compared with US$87 per hour across the nation. This takes into account a 40-hour work week; working more would result in overtime pay, usually up to 50% more. In fact, the nurse anesthetist salary MN is ranked #17 out of the 50 States. This is a super exceptional score.
The reporting information is an exceptionally reliable source of data from the official website of the United States Department of Labor. Furthermore, they update the information yearly. Although the website is very data intensive, I recommend checking out the resource if you are curious on learning about occupational employment statistics.
CRNA Salary Minnesota from AANA
As another reference point, each year the American Association of Nurse Anesthetists (AANA) conducts a career survey. Last year, over 5,000 nurse anesthetists across the United States participated in this survey on CRNA salary. According to the AANA study, the average CRNA Total Income Minnesota is US$222,193 and the average CRNA Salary Minnesota is US$196,063.
Total Income from the AANA may be a more comprehensive and realistic figure than the BLS statistics. This is because ‘Total Income’ includes the base CRNA salary in addition to other components like call pay, overtime and bonuses. Check out the AANA Career Salary Survey Summary for other fascinating observations.
Topic 2: CRNA Salaries in Minnesota Top Cities
Even within the same State of Minnesota, the average certified nurse anesthetist salary Minnesota will vary quite a bit between cities. According to Salary.com, the average DNP salary Minnesota for the top cities in Minnesota are as below:
- CRNA Salary Saint Paul, MN is US$198,306
- CRNA Salary Minneapolis, MN is US$198,306
It is important to note that in the capital of Minnesota, the CRNA Salary Saint Paul is usually higher than other smaller cities not mentioned above.
As you can tell the salary data varies by source. In BLS, the average certified nurse anesthetist salary in Minnesota this year is US$192,290, which is different from Salary.com. Remember, salary information from different sources are just a range of data for you to make your decisions. In short, there are pros and cons with working in each city. I recommend you speak with other Certified Nurse Anesthetists working in those areas to get real time information.
Topic 3: Nurse Anesthetist Salary Minnesota After Taxes
As the common saying from Benjamin Franklin goes:
In this world nothing can be said to be certain, except death and taxes.
When thinking about your CRNA Salary in Minnesota, it’s important to consider the different State and Local tax rates. The marginal tax rate at the Minnesota State level is 9.9%. If you were to earn the average Nurse Anesthetist Salary Minnesota in the capital Saint Paul, MN of US$198,306, your approximate take home pay would be US$132,522 after taking into account Federal, FICA (Social Security & Medicare), State and Local taxes – that’s a 32 % marginal federal Income tax rate overall.
These numbers are calculated for the taxes owed for the 2019 – 2020 filing season. Although the gross salary for the CRNA profession seems a lot, Uncle Sam will take a large chunk. Please note that each person’s tax situation is different and these numbers are if you are a single person filing.
In summary, if you save 50% of your Minnesota CRNA salary, you will be a CRNA millionaire in 15 years!
For the most tax efficient locations to live and work, CRNA Salary Alaska, CRNA Salary Delaware, CRNA Salary Montana, CRNA Salary Nevada, CRNA Salary Wyoming and CRNA Salary Florida offer the lowest personal income tax rates.
Nurse Anesthetist Salary Minnesota Conclusion
Of course it’s not just about the salary that Certified Nurse Anesthetists choose to work in Minnesota.
The famous Albert Einstein once said,
Not everything that can be counted counts, and not everything that counts can be counted.
The choice is yours because there’s more to life than money.
In conclusion, I hope this article on CRNA Salaries in Minnesota was helpful. Please click on the image gallery below for more information.
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