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Average Counter and Rental Clerks Salary in Minneapolis-St. Paul-Bloomington, MN-WI

Counter and Rental Clerks in the Minneapolis-St. Paul-Bloomington metropolitan area earn an average annual salary of $44,010. This figure is slightly above the national average of $43,680, suggesting a modest premium for this role in the region. Local economic factors and demand dynamics likely contribute to this compensation level.

Executive Summary

  • Average Salary: $44,010 per year.
  • Growth Trend: Salaries have shifted 27.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $62,080.
  • Outlook: With a local workforce of 2,680 Counter and Rental Clerks, the Minneapolis-St. Paul-Bloomington area demonstrates a stable presence for this occupation. The Location Quotient of 0.54 indicates that this role is less concentrated here than the national average, suggesting a potentially less saturated market and opportunities for those entering the field.
2024 Market Data

Salary Overview

$44,010

The average Counter and Rental Clerks in Minneapolis-St. Paul-Bloomington, MN-WI earns+0.8%above the national average.

BreakdownBased on 40h/week
Hourly

$21.2

Weekly

$846

Monthly

$3,668

Counter and Rental Clerks Salary Distribution in Minneapolis-St. Paul-Bloomington, MN-WI

Career progression for Counter and Rental Clerks typically involves moving from entry-level positions to more senior or specialized roles. As experience increases, individuals can expect their salaries to rise, reflecting greater responsibility and expertise. The percentile gaps in earnings signify these opportunities for advancement within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$31,090$14.9
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$33,008$15.9
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$39,520$19
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$55,013$26.4
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$62,080$29.8

Detailed Counter and Rental Clerks Market Analysis

Relocation Context

Nominal Salary

$44,010

Gross Pay

Real Wage (Purchasing Power)

$44,010

Adjusted for COL (100)

The average annual salary of $44,010 in Minneapolis-St. Paul-Bloomington aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, indicating that the local cost of goods and services does not significantly inflate or deflate the real value of earnings.

Job Market Context

2,680

Total Jobs

1.388

Per 1K Jobs

0.54

Location Quotient

Below Average

Minneapolis-St. Paul-Bloomington, MN-WI has 0.54x the national average concentration of Counter and Rental Clerks jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.54 for Counter and Rental Clerks in Minneapolis-St. Paul-Bloomington suggests that the occupation is less prevalent in this metropolitan area compared to the national average. This lower concentration could imply a more competitive job market for employers seeking candidates, potentially leading to more stable or slightly higher wages for qualified individuals.

Nearby Job Markets

Hiring Counter and Rental Clerkss?

Frequently Asked Questions

How much does a Counter and Rental Clerks make in Minneapolis-St. Paul-Bloomington, MN-WI?

The median annual salary for a Counter and Rental Clerks in Minneapolis-St. Paul-Bloomington, MN-WI is $44,010. This typically ranges from $31,090 for entry-level positions to $62,080 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 0.8% higher than the national median of $43,680.

Is Minneapolis-St. Paul-Bloomington, MN-WI a lucrative place for Counter and Rental Clerks?

Yes, it offers a slightly above-average salary.The average salary of $44,010 is marginally higher than the national average, and the cost of living is on par with the national average, making it a stable financial environment for these roles.

Is Minneapolis-St. Paul-Bloomington, MN-WI a good place to live for Counter and Rental Clerks?

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 ($46,260) and Southeast Minnesota nonmetropolitan area.

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

The average annual salary for Counter and Rental Clerks in Minneapolis-St. Paul-Bloomington is $44,010, which is slightly higher than the national average of $43,680.

What is the significance of the Location Quotient (LQ) being 0.54?

An LQ of 0.54 means that Counter and Rental Clerks are less concentrated in the Minneapolis-St. Paul-Bloomington area compared to the national average. This could indicate a less saturated job market for these specific roles.

How does the Cost of Living Index affect the salary?

With a Cost of Living Index of 100, the Minneapolis-St. Paul-Bloomington area has a cost of living that is exactly at the national average. Therefore, the $44,010 salary offers purchasing power equivalent to the national average.

What is the total number of Counter and Rental Clerks in the area?

There are approximately 2,680 Counter and Rental Clerks employed in the Minneapolis-St. Paul-Bloomington metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,680 employees in the Minneapolis-St. Paul-Bloomington, MN-WI area with a job density of 1.388 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.