SalaryNode

Average All Occupations Salary in Minneapolis-St. Paul-Bloomington, MN-WI

In the Minneapolis-St. Paul-Bloomington metropolitan area, the average annual salary for All Occupations stands at a robust $72,240. This figure notably surpasses the national average of $67,140, indicating a potentially stronger economic environment or specific market demands driving compensation within this region. The higher local pay can often be attributed to a combination of factors including the cost of doing business, local economic policies, and the overall skill level of the workforce.

Executive Summary

  • Average Salary: $72,240 per year.
  • Growth Trend: Salaries have shifted 15.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $128,580.
  • Outlook: With a substantial local workforce of 1,931,660 individuals and a Location Quotient of 1.0 for All Occupations, the job market in Minneapolis-St. Paul-Bloomington demonstrates a stable and nationally representative concentration of these roles. The consistent presence of jobs per 1,000 workers at 1000 suggests a steady demand that aligns with the national employment landscape, providing a solid foundation for career opportunities within this sector.
2024 Market Data

Salary Overview

$72,240

The average All Occupations in Minneapolis-St. Paul-Bloomington, MN-WI earns+7.6%above the national average.

BreakdownBased on 40h/week
Hourly

$34.7

Weekly

$1,389

Monthly

$6,020

All Occupations Salary Distribution in Minneapolis-St. Paul-Bloomington, MN-WI

Salary progression for All Occupations in Minneapolis-St. Paul-Bloomington, as in most markets, is strongly correlated with experience and skill development. Entry-level positions will naturally command lower salaries, likely falling into the lower percentiles, while senior roles requiring extensive expertise and leadership responsibilities will occupy the higher salary brackets. The gap between these percentiles signifies the career trajectory and earning potential available to dedicated professionals.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$33,520$16.1
ExperiencedProficient professional working independently.25% (Junior)$54,180$26
Mid-LevelEstablished expert. Standard market value.50% (Median)$57,640$27.7
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$90,300$43.4
Top TierIndustry leader / Executive level compensation.90% (Expert)$128,580$61.8

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$72,240

Gross Pay

Real Wage (Purchasing Power)

$72,240

Adjusted for COL (100)

The nominal average salary of $72,240 in Minneapolis-St. Paul-Bloomington aligns perfectly with the national average cost of living index of 100. This means that, on average, the purchasing power of an All Occupations salary in this metro area is equivalent to the national average. While the salary is higher than the national average, the cost of living being at the national average suggests that the increased earnings may be offset by comparable living expenses.

Job Market Context

1,931,660

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Minneapolis-St. Paul-Bloomington, MN-WI has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.

A Location Quotient of 1.0 for All Occupations in Minneapolis-St. Paul-Bloomington indicates that the concentration of these jobs in the region is precisely at the national average. This suggests a balanced job market where the supply and demand for these roles are in equilibrium with the rest of the country, neither indicating an oversupply nor a significant shortage of workers in this broad occupational category.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Minneapolis-St. Paul-Bloomington, MN-WI

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Minneapolis-St. Paul-Bloomington, MN-WI?

The median annual salary for a All Occupations in Minneapolis-St. Paul-Bloomington, MN-WI is $72,240. This typically ranges from $33,520 for entry-level positions to $128,580 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Minneapolis-St. Paul-Bloomington, MN-WI is 7.6% higher than the national median of $67,140.

Is Minneapolis-St. Paul-Bloomington, MN-WI a lucrative place for All Occupationss?

Yes, it offers competitive compensation relative to the national average.The average salary of $72,240 is higher than the national average, and with a cost of living at the national average, your earnings hold strong purchasing power.

Is Minneapolis-St. Paul-Bloomington, MN-WI a good place to live for All Occupations?

The Cost of Living Index in Minneapolis-St. Paul-Bloomington, MN-WI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Minneapolis-St. Paul-Bloomington, MN-WI?

Some top paying nearby cities include Northwest Minnesota nonmetropolitan area ($56,000) and Southeast Minnesota nonmetropolitan area.

How does the Minneapolis-St. Paul-Bloomington salary compare to the national average?

The average annual salary for All Occupations in Minneapolis-St. Paul-Bloomington is $72,240, which is higher than the national average of $67,140.

What is the cost of living in Minneapolis-St. Paul-Bloomington?

The cost of living index for Minneapolis-St. Paul-Bloomington is 100, which is exactly the national average.

How concentrated are All Occupations jobs in Minneapolis-St. Paul-Bloomington?

The concentration of All Occupations jobs, indicated by a Location Quotient of 1.0, is at the national average, suggesting a balanced job market.

What is the total workforce size in the Minneapolis-St. Paul-Bloomington area?

The total local workforce in Minneapolis-St. Paul-Bloomington is 1,931,660, indicating a large and diverse labor market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,931,660 employees in the Minneapolis-St. Paul-Bloomington, MN-WI area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.