Psychiatrists take-home pay in Minnesota
The median psychiatrists in Minnesota earns $336,410. After taxes that leaves about $215,112 a year, or $17,926 a month. Your effective tax rate is about 36.1%.
$215,112 take-home a year
| Gross pay | $336,410 |
| Federal income tax | −$80,878 |
| Social Security + Medicare | −$17,545 |
| Minnesota income tax (approx.) | −$22,876 |
| Monthly take-home | $17,926 |
| Every two weeks | $8,274 |
Estimate for a single filer taking the standard deduction, 2026 federal rules. State tax uses an approximate effective rate; local taxes and pre-tax deductions are not included.