Veterinarian Salary in Richfield, MN: $132,179 (2026)
Quick Answer:A full-time veterinarian in Richfield, MN earns a median $132,179/year (≈ $63.55/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1131). Once you factor in Richfield's price level (1% below national, BEA RPP 98.5), that paycheck buys what $134,192 would nationally. Nominal pay sits 3.7% below the Minnesota state average.
Based on BLS state-level estimates · View source
The earning potential for veterinarians in Richfield, Minnesota presents an intriguing financial landscape. Projected for 2026, the median annual salary stands at $132,179, slightly lagging behind the national median of $137,334. Salary ranges demonstrate significant variability, with lower earners making approximately $81,288 and top-tier specialists potentially earning up to $204,877. These figures reflect local estimates derived from 2025 BLS data and adjusted for regional cost considerations, emphasizing the nuances in veterinarian pay within Richfield. The demand for specialty board certifications, particularly in surgery, internal medicine, and emergency care, can create a premium gradient in salaries that aspiring veterinarians may want to consider in their career planning.
About the Richfield Market
Salary estimated from Minnesota average ($124,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $81,288 | $39.08 |
| Lower Range (P25) | $106,925 | $51.41 |
| Median (P50)(typical) | $132,179 | $63.55 |
| Upper Range (P75) | $162,831 | $78.28 |
| Top Earners (P90) | $204,877 | $98.50 |
Median Salary Position
3.75% below the national average
2026 Salary Percentile Distribution in Richfield
In Richfield, MN, the veterinarian salary spread from the 10th to 90th percentile is $123,589 (2026 est.). At $132,179, the local median is 3.75% below the national median of $137,334.
Salary Calculator
At 40 hours/week in Richfield: You'd be in the lower-middle range
How Richfield Veterinarian Pay Compares
Richfield median: $132,179/year (2026)
| Compared To | Median Salary | Richfield Pays |
|---|---|---|
| Minnesota Average | $137,258 | -3.70% less |
| National Average | $137,334 | -3.75% less |
Veterinarians in Richfield, MN earn a median of $132,179 per year (2026 est.), which is 3.75% lower than the national median of $137,334 and 3.70% below the Minnesota state average of $137,258.
Cost-of-Living Adjusted Salary
Richfield 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.
Richfield, MN has a cost-of-living index of 98.5 (below the national average of 100). A veterinarian earning $132,179 nominally has purchasing power equivalent to $134,192 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$91,877
2025 BLS Actual
$125,217
2026 Current Est.
$132,179
2019–2027 Growth
+51.9%
Salary Trajectory for Veterinarians in Richfield (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 5.56% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $91,877 | Actual |
| 2020 | $95,525 | Actual |
| 2021 | $96,603 | Actual |
| 2022 | $99,384 | Actual |
| 2023 | $114,630 | Actual |
| 2024 | $117,646 | Actual |
| 2025 | $125,217 | Actual |
| 2026(current) | $132,179 | Estimated |
| 2027 | $139,528 | Projected |
Based on 7 years of BLS OEWS data for the Richfield metropolitan area, the median veterinarian salary grew 36.3% from $91,877 (2019) to $125,217 (2025). At a 5.56% compound annual growth rate, salaries are projected to reach $139,528 by 2027 — a total increase of $47,651 (51.86%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Richfield 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 5.56% 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) | $81,288 – $106,925 |
| 3-5 years (Mid Career) | $106,925 – $132,179 |
| 5+ years (Experienced) | $132,179 – $162,831 |
| 10+ years (Top Earner) | $162,831 – $204,877 |
DVM salary ranges estimated from BLS percentile data. Individual veterinarian compensation varies by employer, certifications, and specialization.
Veterinarian Job Market in Richfield
While nine veterinarians are currently employed in Richfield, the local job market remains influenced by various economic factors, including the area's cost of living index, which registers at 98.5—indicating a somewhat affordable environment compared to national averages. The most competitive salaries are typically found in corporate settings, such as large animal practices or specialty referral hospitals, which are part of the corporate consolidation trend. Independent clinics often offer different incentives, including partnership opportunities and potential ownership, which can significantly affect earnings. Factors driving salary disparities include specialty board certifications that elevate pay scales and production-based compensation models prevalent in corporate structures. For veterinarians in Richfield, leveraging specialization, seeking employment with corporate entities, or negotiating sign-on bonuses—ranging from $50,000 to $150,000 for new graduates—are effective strategies for maximizing veterinarian pay in this evolving market.
More salary data for Richfield, MN:
Frequently Asked Questions
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Written by Dr. Alice Nguyen, DVM
Career Analyst
Dr. Alice Nguyen has 10 years of experience in veterinary medicine. She specializes in small animal surgery. She currently works at a suburban veterinary clinic.
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 $125,217 for veterinariansin the Richfield metropolitan area. A 5.56% 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 Richfield 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 5.56%, derived from historical BLS wage trends for veterinarians (SOC 29-1131).
Compiled and verified by Dr. Alice Nguyen, DVM, a licensed veterinarian with 10+ years of clinical experience. · View source data at BLS.gov