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Job Salary Guide ยท 2026

Psychiatrist Salary After Tax in Duluth

Based on BLS OEWS data ยท MN ยท Single filer

Rent: ComfortableCOL Index: 0.88

Psychiatrist Salary Range

25th Percentile

$180,000

Take-home:

$121,447

$10,121/mo

Entry to mid-level

Median

$226,000

Take-home:

$150,144

$12,512/mo

Typical salary

75th Percentile

$290,000

Take-home:

$185,122

$15,427/mo

Senior / specialist

Tax Breakdown

At median salary of $226,000

Gross Salary$226,000
Federal Tax(19.7%)โ€“$44,583
MN State Taxโ€“$16,844
Social Securityโ€“$10,918
Medicareโ€“$3,277
Annual Take-Home$150,144
$12,512Monthly
$5,775Bi-Weekly
33.56%Effective Rate

Cost of Living in Duluth

Rent-to-income ratio (1BR)8% โ€” Comfortable

1BR Monthly Rent

$1,000/mo

2BR Monthly Rent

$1,250/mo

COL Index

0.88

Comfortable Rent Max

$3,128/mo

50 / 30 / 20 Budget Planner

Based on your monthly take-home of $12,512 ($150,144/yr)

Needs 50%Wants 30%Savings 20%
Needs50%

$6,256

per month

  • โ€บRent / mortgage
  • โ€บGroceries
  • โ€บUtilities
  • โ€บInsurance
  • โ€บMinimum debt payments
  • โ€บTransportation
Wants30%

$3,754

per month

  • โ€บDining out
  • โ€บStreaming services
  • โ€บGym
  • โ€บHobbies
  • โ€บTravel
  • โ€บShopping
Savings20%

$2,502

per month

  • โ€บEmergency fund
  • โ€บ401(k) / IRA
  • โ€บInvestments
  • โ€บDown payment fund
  • โ€บDebt payoff (extra)

Needs / year

$75,072

Wants / year

$45,043

Savings / year

$30,029

Frequently Asked Questions

What is the average Psychiatrist salary in Duluth?

The median Psychiatrist salary in Duluth (MN) is $226,000 per year based on BLS OEWS data. The 25th percentile is $180,000 and the 75th percentile is $290,000.

What is the take-home pay for a Psychiatrist in Duluth?

At the median salary of $226,000, a Psychiatrist in MN takes home approximately $150,144 per year ($12,512/month) after federal and state taxes. The effective tax rate is 33.56%.

Can a Psychiatrist afford rent in Duluth?

The average 1-bedroom rent in Duluth is $1,000/month. On the median Psychiatrist salary, your rent-to-income ratio is 8%, which is "Comfortable". Financial experts recommend keeping rent below 25โ€“30% of take-home pay ($3,128/month at this salary).

How does cost of living affect Psychiatrist salaries in Duluth?

Duluth has a cost-of-living index of 0.88 (1.00 = national average). Duluth is 12% cheaper than the US average, so the Psychiatrist salary goes further here than in high-cost metros.