Clinical and Counseling Psychologist Salary in Lakeville, MN: $111,997 (2026)
Quick Answer:A full-time clinical and counseling psychologist in Lakeville, MN earns a median $111,997/year (≈ $53.84/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 19-3033). Once you factor in Lakeville's price level (1% below national, BEA RPP 98.5), that paycheck buys what $113,703 would nationally. Nominal pay sits 1.7% below the Minnesota state average.
Based on BLS state-level estimates · View source
In Lakeville, Minnesota, the median annual salary for clinical and counseling psychologists is projected to be $111,997 in 2026, which exceeds the national median of $105,689 by approximately 5.97%. The full salary range means professionals here can expect earnings between $64,958 at the 10th percentile and $173,596 at the 90th percentile. These figures, derived from 2025 BLS data and adjusted for the local cost of living, reflect the competitive nature of the job market in Lakeville. With a modest local workforce of 15 employed psychologists in the area, understanding salary potential is essential for those navigating their career in this field.
About the Lakeville Market
Salary estimated from Minnesota average ($96,180) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $64,958 | $31.23 |
| Lower Range (P25) | $83,333 | $40.07 |
| Median (P50)(typical) | $111,997 | $53.84 |
| Upper Range (P75) | $143,356 | $68.92 |
| Top Earners (P90) | $173,596 | $83.47 |
Median Salary Position
5.97% above the national average
2026 Salary Percentile Distribution in Lakeville
In Lakeville, MN, the clinical and counseling psychologist salary spread from the 10th to 90th percentile is $108,638 (2026 est.). At $111,997, the local median is 5.97% above the national median of $105,689.
Salary Calculator
At 40 hours/week in Lakeville: You'd be in the lower-middle range
How Lakeville Clinical and Counseling Psychologist Pay Compares
Lakeville median: $111,997/year (2026)
| Compared To | Median Salary | Lakeville Pays |
|---|---|---|
| Minnesota Average | $113,934 | -1.70% less |
| National Average | $105,689 | +5.97% more |
Clinical and Counseling Psychologists in Lakeville, MN earn a median of $111,997 per year (2026 est.), which is 5.97% higher than the national median of $105,689 and 1.70% below the Minnesota state average of $113,934.
Cost-of-Living Adjusted Salary
Lakeville 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.
Lakeville, MN has a cost-of-living index of 98.5 (below the national average of 100). A clinical and counseling psychologist earning $111,997 nominally has purchasing power equivalent to $113,703 in an average-cost city — an effective 1.52% boost.
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2021 BLS Actual
$87,435
2025 BLS Actual
$106,583
2026 Current Est.
$111,997
2021–2027 Growth
+34.6%
Salary Trajectory for Clinical and Counseling Psychologists in Lakeville (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 5.08% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $87,435 | Actual |
| 2022 | $95,509 | Actual |
| 2023 | $101,836 | Actual |
| 2024 | $93,081 | Actual |
| 2025 | $106,583 | Actual |
| 2026(current) | $111,997 | Estimated |
| 2027 | $117,687 | Projected |
Based on 5 years of BLS OEWS data for the Lakeville metropolitan area, the median clinical and counseling psychologist salary grew 21.9% from $87,435 (2021) to $106,583 (2025). At a 5.08% compound annual growth rate, salaries are projected to reach $117,687 by 2027 — a total increase of $30,252 (34.60%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Lakeville 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 5.08% CAGR derived from 5-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) | $64,958 – $83,333 |
| 3-5 years (Mid Career) | $83,333 – $111,997 |
| 5+ years (Experienced) | $111,997 – $143,356 |
| 10+ years (Top Earner) | $143,356 – $173,596 |
CCP salary ranges estimated from BLS percentile data. Individual clinical and counseling psychologist compensation varies by employer, certifications, and specialization.
Clinical and Counseling Psychologist Job Market in Lakeville
The employment landscape for clinical and counseling psychologists in Lakeville offers insights into salary variations based on factors like employer type and market demands. With a cost-of-living index of 98.5, the purchasing power for residents remains favorable compared to national averages, which can influence overall compensation. Employers such as large healthcare organizations typically offer higher salaries than private practices or community health centers. The disparity in earnings often arises from variables like specialty credentials, shift differentials, and robust benefits packages. To maximize compensation, aspiring psychologists may consider pursuing additional certifications or seeking employment in larger healthcare networks, where pay scales tend to be more competitive.
More salary data for Lakeville, MN:
Frequently Asked Questions
How much do clinical and counseling psychologists make in Lakeville, MN in 2026?
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Can clinical and counseling psychologists make $100K in Lakeville?
What is the cost-of-living adjusted clinical and counseling psychologist salary in Lakeville?
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Written by Maria Gonzalez, PhD, LPC
Career Analyst
Maria has 10 years of experience in clinical psychology. She specializes in cognitive behavioral therapy. Maria works at a mental health clinic in Chicago.
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 $106,583 for clinical and counseling psychologistsin the Lakeville metropolitan area. A 5.08% 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 Lakeville 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 5.08%, derived from historical BLS wage trends for clinical and counseling psychologists (SOC 19-3033).
Compiled and verified by Maria Gonzalez, PhD, LPC, a licensed clinical and counseling psychologist with 10+ years of clinical experience. · View source data at BLS.gov