Nurse Practitioner Salary in Minnetonka, MN: $136,324 (2026)
Quick Answer:A full-time nurse practitioner in Minnetonka, MN earns a median $136,324/year (≈ $65.54/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1171). Once you factor in Minnetonka's price level (1% below national, BEA RPP 98.5), that paycheck buys what $138,400 would nationally. Nominal pay sits 1.2% below the Minnesota state average.
Based on BLS state-level estimates · View source
In 2026, the projected median nurse practitioner salary in Minnetonka, Minnesota, is estimated to be $136,324, which is slightly below the national median of $136,864. The salary range for nurse practitioners in this area extends from $99,040 at the 10th percentile to $182,833 at the 90th percentile. These estimates are derived from 2025 BLS OEWS data and adjusted for local cost conditions. The pay gradient among specialties reflects a significant variance, particularly favoring psychiatric-mental health nurse practitioners (PMHNPs) over family nurse practitioners (FNPs) and adult-gerontology acute care nurse practitioners (AGACNPs), underscoring the impact of specialty demand on earnings.
About the Minnetonka Market
Salary estimated from Minnesota average ($138,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $99,040 | $47.62 |
| Lower Range (P25) | $124,701 | $59.95 |
| Median (P50)(typical) | $136,324 | $65.54 |
| Upper Range (P75) | $163,933 | $78.82 |
| Top Earners (P90) | $182,833 | $87.90 |
Median Salary Position
0.39% below the national average
2026 Salary Percentile Distribution in Minnetonka
In Minnetonka, MN, the nurse practitioner salary spread from the 10th to 90th percentile is $83,793 (2026 est.). At $136,324, the local median is 0.39% below the national median of $136,864.
Salary Calculator
At 40 hours/week in Minnetonka: You'd be in the lower-middle range
How Minnetonka Nurse Practitioner Pay Compares
Minnetonka median: $136,324/year (2026)
| Compared To | Median Salary | Minnetonka Pays |
|---|---|---|
| Minnesota Average | $137,980 | -1.20% less |
| National Average | $136,864 | -0.39% less |
Nurse Practitioners in Minnetonka, MN earn a median of $136,324 per year (2026 est.), which is 0.39% lower than the national median of $136,864 and 1.20% below the Minnesota state average of $137,980.
Cost-of-Living Adjusted Salary
Minnetonka has a cost of living 1.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Minnetonka, MN has a cost-of-living index of 98.5 (below the national average of 100). A nurse practitioner earning $136,324 nominally has purchasing power equivalent to $138,400 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$109,387
2025 BLS Actual
$131,778
2026 Current Est.
$136,324
2019–2027 Growth
+28.9%
Salary Trajectory for Nurse Practitioners in Minnetonka (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.45% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $109,387 | Actual |
| 2020 | $111,239 | Actual |
| 2021 | $120,204 | Actual |
| 2022 | $121,130 | Actual |
| 2023 | $125,762 | Actual |
| 2024 | $134,307 | Actual |
| 2025 | $131,778 | Actual |
| 2026(current) | $136,324 | Estimated |
| 2027 | $141,028 | Projected |
Based on 7 years of BLS OEWS data for the Minnetonka metropolitan area, the median nurse practitioner salary grew 20.5% from $109,387 (2019) to $131,778 (2025). At a 3.45% compound annual growth rate, salaries are projected to reach $141,028 by 2027 — a total increase of $31,641 (28.93%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Minnetonka metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.45% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $99,040 – $124,701 |
| 3-5 years (Mid Career) | $124,701 – $136,324 |
| 5+ years (Experienced) | $136,324 – $163,933 |
| 10+ years (Top Earner) | $163,933 – $182,833 |
NP salary ranges estimated from BLS percentile data. Individual nurse practitioner compensation varies by employer, certifications, and specialization.
Nurse Practitioner Job Market in Minnetonka
Analyzing the local job market, only 12 nurse practitioners currently practice in Minnetonka, a factor that may contribute to competitive salaries for skilled professionals. The cost of living in the area is slightly below the national average, with a cost-of-living index of 98.5, which positively influences take-home pay. Employers that tend to offer the highest wages include hospital outpatient clinics and specialty practices, reflecting both the demand for advanced services and the complexity of care provided. Factors such as specialty focus, state regulations surrounding full-practice authority, and additional income from telehealth can create notable differences in earnings. Nurse practitioners can maximize pay by leaning toward specialties in high demand, like PMHNP, and exploring opportunities in settings that offer performance-based incentives or bonuses, thereby enhancing overall compensation in the Minnetonka market.
More salary data for Minnetonka, MN:
Frequently Asked Questions
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Written by Maria Gonzalez, MSN, NP-C
Career Analyst
Maria has 10 years of experience in adult healthcare. She works in a community health clinic. Her specialty is chronic disease management.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $131,778 for nurse practitionersin the Minnetonka metropolitan area. A 3.45% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Minnetonka is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.45%, derived from historical BLS wage trends for nurse practitioners (SOC 29-1171).
Compiled and verified by Maria Gonzalez, MSN, NP-C, a licensed nurse practitioner with 10+ years of clinical experience. · View source data at BLS.gov