Highest Paying Cities for Medical Assistants in MN

The following table lists down the salary of medical assistants in Minnesota according to indeed and salary.com.

Source: BLS (as of March 31, 2020)

Minneapolis-St. Paul-Bloomington (MN-WI) employed the most medical assistants, and the number 6,740 was far from the second place Duluth (MN-WI,) employing just 690. Other areas employed between 380-230 medical assistants in this top 5 list.

Benefits for Minnesota Medical Assistants other than Salaries

If you’ve wondered how much medical assistants make in Minnesota, including the value of all the perks they receive, the answer is roughly $55,062 a year. This includes the base salary of $37,114/year and the perks of $17,948/year (including $44 bonus), which is 67.4% and 32.6% of the total compensation, respectively.

• Healthcare

  The largest contributor to the benefits of a medical assistant in Minnesota is the kind of healthcare they receive, amounting to about $6,371 a year. This amount is 11.6% of the total compensation.

• Time Off

  The days you get off as a medical assistant in Minnesota have a monetary value of about $4,716 a year, making up 8.6% of the entire remuneration.

• Social Security

  Social security payments are made by your employer in the amount of $2,843 a year if you work as a Minnesota medical assistant. This is about 5.2% of the total compensation.

• 401K/403B

  This retirement fund will help you stay afloat in old age, and your employer contributes about $1,821 a year, which is 3.3% of the total yearly remuneration.

• Pension

  It is another retirement fund that your employer will contribute to if you’re a medical assistant in Minnesota. The amount given by them is about $1,561 annually, making up 2.8% of the entire remuneration.

• Disability

  It is the fund that will help you in case there is an unfortunate accident causing permanent disability. An employer’s contribution to this fund will be about $595 a year, or 1.1% of the total compensation.

  (Source: salary.com as of November 25, 2020)

Projected Employment and Hiring Trends for MN Medical Assistants (2018-2028)

Source: U.S. Department of Labor-Sponsored Resource, Projections Central (2018-2028 report)

As it is evident from the table above, the number of medical assistants working in Minnesota was projected to increase from 10,160 in 2018 to 12,300 in 2028. This addition of 2,140 new jobs will come at a rate of +21.1%, with 1,450 job openings every year.

Hiring Trends

• Healthcare and social assistance are so popular in Minnesota that one in every sixth job in the state is in this industry. It makes this industry the highest employer of Minnesota with 500,000 jobs in the first quarter of 2020, according to the Minnesota Government, as of September 20, 2020.
• Healthcare and social assistance accounted for 12% of the total employment in 2000 with 313,000 jobs. Over the course of 20 years, there were about 200,000 new jobs created in this sector, which means a growth of 64%, compared to 12.4% growth of all industries combined. This made healthcare and social assistance the top employer by 2003 after stagnation and job losses in the manufacturing industry, according to the government of Minnesota, as of September 20, 2020.
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• Medical assistance had 9,780 professionals employed in Minnesota; this number was projected to jump to 12,260, growing at a rate of 25% by 2026, according to Career One Stop.
• As of March 31, 2020, medical assistance was the 66th most popular job in Minnesota with 9,950 jobs, making up 0.35% of the state’s total workforce, according to USA Wage.
• Medical assistants were projected to grow at a rate of 21% between 2016 and 2026, with 1,451 openings every year, according to CareerWise.
• Zippia’s list of fastest-growing jobs in Minnesota, published on May 17, 2019, put medical assistance in the 19th spot with 117.9% job growth earning $37,560 a year. It also projected that there would be 10,140 new jobs by 2024.
• Medical assistance was projected to add 1,540 new jobs between 2014-2024 at a rate of 17.9%, giving it the 17th spot in the list of jobs with most openings in the state, as per Minnesota Gov.