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Average Human Resources Specialists Salary in Mankato, MN

Human Resources Specialists in Mankato, MN, can expect an average annual salary of $73,680. This figure is slightly below the national average of $79,090, a common occurrence in markets with a lower concentration of specialized roles. Local economic factors and industry demand within Mankato contribute to this adjusted compensation.

Executive Summary

  • Average Salary: $73,680 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $99,830.
  • Outlook: With a total local workforce of 220 Human Resources Specialists, Mankato presents a modest but stable job market for these professionals. The location quotient of 0.67 indicates a slightly lower concentration compared to the national average, suggesting that while opportunities exist, the field is not oversaturated, offering a balanced environment for job seekers.
2024 Market Data

Salary Overview

$73,680

The average Human Resources Specialists in Mankato, MN earns-6.8%below the national average.

BreakdownBased on 40h/week
Hourly

$35.4

Weekly

$1,417

Monthly

$6,140

Human Resources Specialists Salary Distribution in Mankato, MN

Career progression for Human Resources Specialists in Mankato, as elsewhere, is typically marked by increasing salary potential. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized certifications can command significantly higher salaries, potentially reaching into the upper percentiles of the compensation range.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$48,480$23.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$55,260$26.6
ManagerOversees team, compliance, and project delivery.50% (Median)$71,460$34.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$92,100$44.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$99,830$48

Detailed Human Resources Specialists Market Analysis

Relocation Context

Nominal Salary

$73,680

Gross Pay

Real Wage (Purchasing Power)

$73,680

Adjusted for COL (100)

The average annual salary of $73,680 in Mankato, MN, aligns perfectly with the local cost of living index of 100, which is the national average. This means that the purchasing power of an HR Specialist's salary in Mankato is equivalent to the national standard, offering a stable financial footing for residents.

Job Market Context

220

Total Jobs

3.97

Per 1K Jobs

0.67

Location Quotient

Below Average

Mankato, MN has 0.67x the national average concentration of Human Resources Specialists 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 0.67 for Human Resources Specialists in Mankato suggests that the profession is less concentrated locally than the national average. This indicates a potentially less competitive market, which could translate to more opportunities for skilled individuals, though it also implies a smaller overall pool of specialized talent within the immediate region.

Nearby Job Markets

Nearby Cities for Human Resources Specialists

Comparing salaries near Mankato, MN

Hiring Human Resources Specialistss?

Frequently Asked Questions

How much does a Human Resources Specialists make in Mankato, MN?

The median annual salary for a Human Resources Specialists in Mankato, MN is $73,680. This typically ranges from $48,480 for entry-level positions to $99,830 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Mankato, MN is 6.8% lower than the national median of $79,090.

Is Mankato, MN a lucrative place for Human Resources Specialists?

Mankato, MN offers a competitive salary for Human Resources Specialists.The average salary of $73,680 is strong, especially considering the cost of living is at the national average. While slightly below the national average salary, the stable job market and cost of living make it a viable location.

Is Mankato, MN a good place to live for Human Resources Specialists?

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 ($84,650) and Rochester, MN.

How does Mankato's HR Specialist salary compare to the national average?

The average salary for Human Resources Specialists in Mankato, MN is $73,680, which is approximately 6.8% lower than the national average of $79,090.

What is the cost of living in Mankato, MN for HR Specialists?

Mankato, MN has a cost of living index of 100, which is exactly the national average. This means that the expenses for goods and services are comparable to the rest of the country.

How many HR Specialist jobs are there per 1,000 workers in Mankato, MN?

There are approximately 3.97 Human Resources Specialist jobs per 1,000 workers in Mankato, MN.

Is the HR Specialist job market in Mankato, MN concentrated?

The location quotient of 0.67 indicates that the concentration of Human Resources Specialists in Mankato is lower than the national average, suggesting a less dense but potentially stable job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Mankato, MN area with a job density of 3.97 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.