SalaryNode

Average Cashiers Salary in Mankato, MN

In Mankato, MN, Cashiers earn an average annual salary of $31,820. This figure is slightly above the national average of $31,730, indicating a stable demand for these roles within the local economy. Factors such as the specific retail landscape and local economic conditions in Mankato contribute to this competitive compensation.

Executive Summary

  • Average Salary: $31,820 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $36,150.
  • Outlook: Mankato presents a robust job market for Cashiers, with a total local workforce of 1,300 individuals in this role. The Location Quotient of 1.15 suggests that Cashiers are more concentrated in Mankato than the national average, pointing to a healthy and consistent demand for these positions within the community.
2024 Market Data

Salary Overview

$31,820

The average Cashiers in Mankato, MN earns+0.3%above the national average.

BreakdownBased on 40h/week
Hourly

$15.3

Weekly

$612

Monthly

$2,652

Cashiers Salary Distribution in Mankato, MN

The salary trajectory for Cashiers in Mankato typically scales with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with several years of experience can command salaries in the higher percentiles. This progression reflects the increasing value placed on efficiency, customer service skills, and reliability as Cashiers advance in their careers.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$27,340$13.1
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$23,865$11.5
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$31,650$15.2
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$39,775$19.1
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$36,150$17.4

Detailed Cashiers Market Analysis

Relocation Context

Nominal Salary

$31,820

Gross Pay

Real Wage (Purchasing Power)

$31,820

Adjusted for COL (100)

With an average annual salary of $31,820 and a Cost of Living Index of 100, Mankato offers a salary that perfectly aligns with the national average cost of living. This means that the purchasing power of a Cashier's salary in Mankato is equivalent to the national standard, making it a predictable environment for financial planning.

Job Market Context

1,300

Total Jobs

23.528

Per 1K Jobs

1.15

Location Quotient

Above Average

With a location quotient of 1.15, Mankato, MN has a slightly higher-than-average concentration of Cashiers roles compared to the national norm.

The Location Quotient of 1.15 for Cashiers in Mankato signifies a slightly higher concentration of these jobs compared to the national average. This suggests a moderately competitive market where demand is robust enough to support a larger proportion of Cashier roles relative to the overall workforce, indicating good opportunities for employment.

Nearby Job Markets

Nearby Cities for Cashiers

Comparing salaries near Mankato, MN

Hiring Cashierss?

Frequently Asked Questions

How much does a Cashiers make in Mankato, MN?

The median annual salary for a Cashiers in Mankato, MN is $31,820. This typically ranges from $27,340 for entry-level positions to $36,150 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Mankato, MN is 0.3% higher than the national median of $31,730.

Is Mankato, MN a lucrative place for Cashiers?

Yes, Mankato offers a competitive environment for Cashiers.Cashiers in Mankato earn slightly above the national average salary, and the local cost of living is exactly at the national average, providing good purchasing power.

Is Mankato, MN a good place to live for Cashiers?

The Cost of Living Index in Mankato, MN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Mankato, MN?

Some top paying nearby cities include Minneapolis-St. Paul-Bloomington, MN-WI ($34,000) and Rochester, MN.

How does Mankato's cost of living affect Cashier salaries?

Mankato's Cost of Living Index is 100, which is the national average. This means the $31,820 average salary for Cashiers provides purchasing power equivalent to the national average.

What does a Location Quotient of 1.15 mean for Cashiers in Mankato?

A Location Quotient of 1.15 indicates that Cashiers are 15% more concentrated in Mankato than the national average, suggesting a strong local demand for these roles.

How many Cashier jobs are there per 1,000 workers in Mankato?

There are approximately 23.53 Cashier jobs per 1,000 workers in Mankato, highlighting the prevalence of this occupation in the local job market.

Is the job market for Cashiers in Mankato growing?

While specific growth rates are not provided, the stable average salary and a Location Quotient above 1.0 suggest a consistent and potentially growing demand for Cashiers in Mankato.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,300 employees in the Mankato, MN area with a job density of 23.528 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.