Average Construction and Extraction Occupations Salary in Mankato, MN
Construction and Extraction Occupations in Mankato, MN, command an impressive average annual salary of $70,380. This figure notably surpasses the national average of $64,030, indicating a localized premium for these essential roles. Factors such as regional demand, specific project needs, and the local economic landscape likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $70,380 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $101,090.
- Outlook: Mankato's construction and extraction sector demonstrates a solid presence with a total local workforce of 1,940 individuals. The Location Quotient of 0.85 suggests that while this sector is slightly less concentrated than the national average, it still represents a significant component of the local economy. The presence of approximately 35.07 jobs per 1,000 workers underscores a consistent demand for skilled labor in this field within the Mankato area.
Salary Overview
The average Construction and Extraction Occupations in Mankato, MN earns+9.9%above the national average.
$33.8
$1,353
$5,865
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Construction and Extraction Occupations in Mankato, MN, have experienced growth over the past four years, mirroring national trends. Increased infrastructure investment, ongoing development projects, and a general rise in construction costs typically drive upward salary adjustments in this sector.
Construction and Extraction Occupations Salary Distribution in Mankato, MN
Within the Construction and Extraction Occupations field, salary progression is strongly tied to experience and specialization. Entry-level positions typically offer a lower base, while seasoned professionals with specialized skills and supervisory experience can command significantly higher earnings. The widening gap between entry-level and senior-level salaries, often reflected in percentile data, signifies clear opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $45,560 | $21.9 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $52,785 | $25.4 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $64,490 | $31 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $87,975 | $42.3 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $101,090 | $48.6 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$70,380
Gross Pay
Real Wage (Purchasing Power)
$70,380
Adjusted for COL (100)
The average annual salary of $70,380 in Mankato, MN, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a construction professional's income in Mankato is equivalent to that of someone earning the national average in a typical U.S. city, offering a stable financial foundation for residents.
Job Market Context
1,940
Total Jobs
35.068
Per 1K Jobs
0.85
Location Quotient
Mankato, MN has 0.85x the national average concentration of Construction and Extraction Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a Location Quotient of 0.85, the Construction and Extraction Occupations sector in Mankato, MN, is slightly less concentrated than the national average. This suggests that while the industry is well-established, there may be opportunities for growth and less intense competition compared to more saturated markets, potentially benefiting skilled workers seeking employment.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
| City | Salary | Dist. |
|---|---|---|
| Minneapolis-St. Paul-Bloomington, MN-WI Construction and Extraction Occupations Salary | $76,970↑ 9% | 66 mi |
| Rochester, MN Construction and Extraction Occupations Salary | $73,210↑ 4% | 75 mi |
| St. Cloud, MN Construction and Extraction Occupations Salary | $70,820↑ 1% | 95 mi |
Comparing salaries near Mankato, MN
Hiring Construction and Extraction Occupationss?
Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Mankato, MN?
The median annual salary for a Construction and Extraction Occupations in Mankato, MN is $70,380. This typically ranges from $45,560 for entry-level positions to $101,090 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Mankato, MN is 9.9% higher than the national median of $64,030.
Is Mankato, MN a lucrative place for Construction and Extraction Occupationss?
Yes, Mankato, MN offers a lucrative environment for Construction and Extraction Occupations.The average annual salary of $70,380 significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong purchasing power for these professionals.
Is Mankato, MN a good place to live for Construction and Extraction 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 ($76,970) and Rochester, MN.
How does Mankato's construction salary compare to the national average?
Construction and Extraction Occupations in Mankato, MN, earn an average of $70,380 annually, which is higher than the national average of $64,030.
What is the concentration of construction jobs in Mankato compared to the nation?
Mankato's concentration of construction jobs, indicated by a Location Quotient of 0.85, is slightly below the national average, suggesting a moderately present but not overly saturated market.
How does the cost of living in Mankato affect the salary?
With a Cost of Living Index of 100, Mankato's cost of living is at the national average. This means the $70,380 salary provides purchasing power equivalent to the national average.
What does the job market look like for construction workers in Mankato?
The job market is stable, with 1,940 individuals employed in Construction and Extraction Occupations locally, and approximately 35.07 jobs per 1,000 workers, indicating consistent demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,940 employees in the Mankato, MN area with a job density of 35.068 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Construction and Extraction Occupations • Data source: BLS OEWS 2024 •Jobs in Mankato, MN