Nurse Practitioner Salary in Prior Lake, MN: $135,036 (2026)
Quick Answer:A full-time nurse practitioner in Prior Lake, MN earns a median $135,036/year (≈ $64.93/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1171). Once you factor in Prior Lake's price level (1% below national, BEA RPP 98.5), that paycheck buys what $137,092 would nationally. Nominal pay sits 2.1% below the Minnesota state average.
Based on BLS state-level estimates · View source
With a projected median annual salary of $135,036 in 2026, nurse practitioners in Prior Lake, Minnesota, find themselves in a competitive pay environment compared to the national median of $136,864. The salary range for this role spans from $103,437 at the 10th percentile to $178,209 at the 90th percentile, reflecting diverse opportunities in both traditional and telehealth settings. Local estimates, derived from 2025 BLS data and adjusted for regional cost considerations, reveal that while compensation is slightly below the national average, it varies significantly based on practice type. In Prior Lake’s evolving healthcare market, positional choices between W-2 clinic employment and 1099 telehealth options substantially influence overall earnings, highlighting a distinct pay delta that is essential for job seekers to consider.
About the Prior Lake Market
Salary estimated from Minnesota average ($138,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $103,437 | $49.73 |
| Lower Range (P25) | $118,994 | $57.21 |
| Median (P50)(typical) | $135,036 | $64.93 |
| Upper Range (P75) | $153,802 | $73.95 |
| Top Earners (P90) | $178,209 | $85.68 |
Median Salary Position
1.34% below the national average
2026 Salary Percentile Distribution in Prior Lake
In Prior Lake, MN, the nurse practitioner salary spread from the 10th to 90th percentile is $74,772 (2026 est.). At $135,036, the local median is 1.34% below the national median of $136,864.
Salary Calculator
At 40 hours/week in Prior Lake: You'd be in the lower-middle range
How Prior Lake Nurse Practitioner Pay Compares
Prior Lake median: $135,036/year (2026)
| Compared To | Median Salary | Prior Lake Pays |
|---|---|---|
| Minnesota Average | $137,933 | -2.10% less |
| National Average | $136,864 | -1.34% less |
Nurse Practitioners in Prior Lake, MN earn a median of $135,036 per year (2026 est.), which is 1.34% lower than the national median of $136,864 and 2.10% below the Minnesota state average of $137,933.
Cost-of-Living Adjusted Salary
Prior Lake 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.
Prior Lake, MN has a cost-of-living index of 98.5 (below the national average of 100). A nurse practitioner earning $135,036 nominally has purchasing power equivalent to $137,092 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$108,353
2025 BLS Actual
$130,533
2026 Current Est.
$135,036
2019–2027 Growth
+28.9%
Salary Trajectory for Nurse Practitioners in Prior Lake (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.45% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $108,353 | Actual |
| 2020 | $110,188 | Actual |
| 2021 | $119,068 | Actual |
| 2022 | $119,986 | Actual |
| 2023 | $124,574 | Actual |
| 2024 | $133,039 | Actual |
| 2025 | $130,533 | Actual |
| 2026(current) | $135,036 | Estimated |
| 2027 | $139,695 | Projected |
Based on 7 years of BLS OEWS data for the Prior Lake metropolitan area, the median nurse practitioner salary grew 20.5% from $108,353 (2019) to $130,533 (2025). At a 3.45% compound annual growth rate, salaries are projected to reach $139,695 by 2027 — a total increase of $31,342 (28.93%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Prior Lake 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) | $103,437 – $118,994 |
| 3-5 years (Mid Career) | $118,994 – $135,036 |
| 5+ years (Experienced) | $135,036 – $153,802 |
| 10+ years (Top Earner) | $153,802 – $178,209 |
NP salary ranges estimated from BLS percentile data. Individual nurse practitioner compensation varies by employer, certifications, and specialization.
Nurse Practitioner Job Market in Prior Lake
The job market for nurse practitioners in Prior Lake is relatively small, with only seven practitioners currently employed in the area. However, a cost of living index of 98.5 indicates that take-home pay is slightly more effective, giving local NPs more purchasing power than the national average. Higher wages can often be found in specialized settings, such as hospital outpatient clinics and urgent care chains, where the demand for specific skills—like psychiatric mental health expertise—can drive up compensation. Additionally, understanding the dynamics of local healthcare providers, including primary care practices, retail clinics, and telehealth platforms, can help job seekers identify which employers are paying the most. Factors such as specialty focus, state-prompted full-practice authority, and opportunities for productivity-based bonuses can significantly influence earning potential. In Prior Lake, proactive strategies for maximizing nurse practitioner pay may include pursuing specialty certifications, engaging in continuous education, and evaluating potential telehealth arrangements to supplement income effectively.
More salary data for Prior Lake, 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 $130,533 for nurse practitionersin the Prior Lake 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 Prior Lake 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