Optometrist Salary in Shakopee, MN: $134,149 (2026)
Quick Answer:A full-time optometrist in Shakopee, MN earns a median $134,149/year (≈ $64.49/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1041). Once you factor in Shakopee's price level (1% below national, BEA RPP 98.5), that paycheck buys what $136,192 would nationally. Nominal pay sits 3.1% below the Minnesota state average.
Based on BLS state-level estimates · View source
In Shakopee, Minnesota, the projected median annual salary for optometrists in 2026 is $134,149, a figure slightly lower than the national average of $140,612. This salary range varies significantly, with lower earnings at around $80,960 to as high as $187,463 for top earners. These numbers reflect local estimates derived from 2025 BLS data and adjusted for the regional cost of living. Understanding how optometrists can benefit from the OD/MD model and surgical co-management revenue is crucial, as it is increasingly becoming a valuable asset in the Shakopee job market, potentially influencing overall compensation significantly.
About the Shakopee Market
Salary estimated from Minnesota average ($138,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $80,960 | $38.92 |
| Lower Range (P25) | $112,307 | $53.99 |
| Median (P50)(typical) | $134,149 | $64.49 |
| Upper Range (P75) | $157,173 | $75.56 |
| Top Earners (P90) | $187,463 | $90.13 |
Median Salary Position
4.6% below the national average
2026 Salary Percentile Distribution in Shakopee
In Shakopee, MN, the optometrist salary spread from the 10th to 90th percentile is $106,503 (2026 est.). At $134,149, the local median is 4.6% below the national median of $140,612.
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At 40 hours/week in Shakopee: You'd be above the median
How Shakopee Optometrist Pay Compares
Shakopee median: $134,149/year (2026)
| Compared To | Median Salary | Shakopee Pays |
|---|---|---|
| Minnesota Average | $138,440 | -3.10% less |
| National Average | $140,612 | -4.60% less |
Optometrists in Shakopee, MN earn a median of $134,149 per year (2026 est.), which is 4.60% lower than the national median of $140,612 and 3.10% below the Minnesota state average of $138,440.
Cost-of-Living Adjusted Salary
Shakopee 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.
Shakopee, MN has a cost-of-living index of 98.5 (below the national average of 100). A optometrist earning $134,149 nominally has purchasing power equivalent to $136,192 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$109,952
2025 BLS Actual
$130,292
2026 Current Est.
$134,149
2019–2027 Growth
+25.6%
Salary Trajectory for Optometrists in Shakopee (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.96% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $109,952 | Actual |
| 2020 | $112,623 | Actual |
| 2021 | $118,586 | Actual |
| 2022 | $119,817 | Actual |
| 2023 | $125,799 | Actual |
| 2024 | $131,657 | Actual |
| 2025 | $130,292 | Actual |
| 2026(current) | $134,149 | Estimated |
| 2027 | $138,119 | Projected |
Based on 7 years of BLS OEWS data for the Shakopee metropolitan area, the median optometrist salary grew 18.5% from $109,952 (2019) to $130,292 (2025). At a 2.96% compound annual growth rate, salaries are projected to reach $138,119 by 2027 — a total increase of $28,167 (25.62%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Shakopee 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 2.96% 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) | $80,960 – $112,307 |
| 3-5 years (Mid Career) | $112,307 – $134,149 |
| 5+ years (Experienced) | $134,149 – $157,173 |
| 10+ years (Top Earner) | $157,173 – $187,463 |
OD salary ranges estimated from BLS percentile data. Individual optometrist compensation varies by employer, certifications, and specialization.
Optometrist Job Market in Shakopee
Within the local job market, Shakopee employs 11 optometrists, creating a compact yet competitive field. The cost of living index stands at 98.5, which is slightly below the national average, suggesting that the purchasing power for take-home income may be more favorable for optometrists here compared to many other regions. Employers that tend to offer higher optometrist pay in Shakopee include private practices, which may provide equity and the chance to tap into surgical referral revenue through the OD/MD model, as well as institutions like VA medical centers. The compensation range in this market is influenced by factors such as the type of practice, involvement in surgical co-management, and additional training, particularly those completing residencies in ocular disease. To optimize earnings, it is advisable for practitioners to consider practice ownership, seek roles that leverage their specialty training, or align with hospitals and ophthalmology practices offering lucrative referral partnerships.
More salary data for Shakopee, MN:
Frequently Asked Questions
How much do optometrists make in Shakopee, MN in 2026?
Is Shakopee, MN a good place to work as a optometrist?
Can optometrists make $100K in Shakopee?
What is the cost-of-living adjusted optometrist salary in Shakopee?
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Written by Aisha Patel, OD
Career Analyst
Aisha Patel has 10 years of experience in optometry. She specializes in pediatric vision care. Aisha works in a private practice setting.
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 $130,292 for optometristsin the Shakopee metropolitan area. A 2.96% 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 Shakopee 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 2.96%, derived from historical BLS wage trends for optometrists (SOC 29-1041).
Compiled and verified by Aisha Patel, OD, a licensed optometrist with 10+ years of clinical experience. · View source data at BLS.gov