Average Computer and Mathematical Occupations Salary in Mankato, MN
In Mankato, MN, professionals in Computer and Mathematical Occupations earn an average annual salary of $84,420. This figure is notably below the national average of $119,220, suggesting that local market dynamics, such as industry concentration and demand, play a significant role in compensation levels within this region.
Executive Summary
- Average Salary: $84,420 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $125,950.
- Outlook: The local job market for Computer and Mathematical Occupations in Mankato, MN, comprises 690 professionals. With a Location Quotient of 0.37, the concentration of these roles is below the national average, indicating a less saturated but potentially less robust demand compared to national trends. The presence of 12.526 jobs per 1,000 workers suggests a steady, albeit not booming, employment landscape for these specialized fields.
Salary Overview
The average Computer and Mathematical Occupations in Mankato, MN earns-29.2%below the national average.
$40.6
$1,623
$7,035
Computer and Mathematical Occupations Salary Trends (2020-2024)
While specific historical data for Mankato's Computer and Mathematical Occupations is not provided, it's reasonable to assume a general upward trend in salaries over the past four years, mirroring national patterns. Economic growth, increasing demand for tech-related skills, and inflation typically contribute to salary increases across most industries, including this vital sector.
Computer and Mathematical Occupations Salary Distribution in Mankato, MN
Salary progression within Computer and Mathematical Occupations in Mankato, MN, is significantly influenced by experience. Entry-level positions typically command lower salaries, while senior roles requiring specialized expertise and a proven track record can earn considerably more. The percentile gaps between different experience levels highlight clear career progression pathways and the increasing earning potential as professionals advance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $49,390 | $23.7 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $63,315 | $30.4 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $78,030 | $37.5 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $105,525 | $50.7 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $125,950 | $60.6 |
Detailed Computer and Mathematical Occupations Market Analysis
Relocation Context
Nominal Salary
$84,420
Gross Pay
Real Wage (Purchasing Power)
$84,420
Adjusted for COL (100)
The average annual salary of $84,420 in Mankato, MN, aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is equivalent to the national average, making the effective financial standing comparable.
Job Market Context
690
Total Jobs
12.526
Per 1K Jobs
0.37
Location Quotient
At 0.37x, Mankato, MN has a notably lower concentration of Computer and Mathematical Occupations jobs than the national average. Opportunities in this area are relatively scarce for this profession.
With a Location Quotient of 0.37, Computer and Mathematical Occupations are less concentrated in Mankato, MN, than the national average. This suggests that the job market is not saturated, potentially offering opportunities for skilled professionals. However, it also implies that the demand might be lower or more specialized compared to regions with higher concentration, making it a less competitive but perhaps more niche market.
Nearby Job Markets
Nearby Cities for Computer and Mathematical Occupations
| City | Salary | Dist. |
|---|---|---|
| Minneapolis-St. Paul-Bloomington, MN-WI Computer and Mathematical Occupations Salary | $110,600↑ 31% | 66 mi |
| Rochester, MN Computer and Mathematical Occupations Salary | $117,350↑ 39% | 75 mi |
| St. Cloud, MN Computer and Mathematical Occupations Salary | $87,450↑ 4% | 95 mi |
Comparing salaries near Mankato, MN
Hiring Computer and Mathematical Occupationss?
Frequently Asked Questions
How much does a Computer and Mathematical Occupations make in Mankato, MN?
The median annual salary for a Computer and Mathematical Occupations in Mankato, MN is $84,420. This typically ranges from $49,390 for entry-level positions to $125,950 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Mankato, MN is 29.2% lower than the national median of $119,220.
Is Mankato, MN a lucrative place for Computer and Mathematical Occupationss?
No, not compared to the national average.While the cost of living is average, the average salary of $84,420 is significantly lower than the national average of $119,220, indicating less lucrative compensation.
Is Mankato, MN a good place to live for Computer and Mathematical Occupations?
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 ($110,600) and Rochester, MN.
How does the Mankato job market compare to the national average for tech roles?
The job market in Mankato is less concentrated, with a Location Quotient of 0.37, suggesting fewer tech professionals relative to the national average. This could mean less competition but also potentially lower overall demand.
What is the purchasing power of an $84,420 salary in Mankato?
With a Cost of Living Index of 100, an $84,420 salary in Mankato has the same purchasing power as the national average salary across the country.
How many Computer and Mathematical Occupations jobs are there per 1,000 workers in Mankato?
There are approximately 12.526 jobs per 1,000 workers in Computer and Mathematical Occupations in Mankato, MN.
Does experience significantly impact salary for tech roles in Mankato?
Yes, experience is a key factor, with entry-level positions earning less and senior roles commanding higher salaries, reflecting a typical career progression.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 690 employees in the Mankato, MN area with a job density of 12.526 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Computer and Mathematical Occupations • Data source: BLS OEWS 2024 •Jobs in Mankato, MN