Average Managers, All Other Salary in Minneapolis-St. Paul-Bloomington, MN-WI
Managers in the Minneapolis-St. Paul-Bloomington metropolitan area earn an impressive average annual salary of $162,030. This figure notably surpasses the national average of $155,520, indicating a strong demand for managerial talent within this specific region. Factors such as the local economic landscape and industry concentration likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $162,030 per year.
- Growth Trend: Salaries have shifted 18.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $225,030.
- Outlook: With a local workforce of 3,970 individuals in this category, the Minneapolis-St. Paul-Bloomington area demonstrates a substantial presence of 'Managers, All Other'. The Location Quotient of 0.5 suggests that while the role is present, it is less concentrated than the national average, implying a potentially balanced job market with opportunities for skilled professionals.
Salary Overview
The average Managers, All Other in Minneapolis-St. Paul-Bloomington, MN-WI earns+4.2%above the national average.
$77.9
$3,116
$13,503
Managers, All Other Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for 'Managers, All Other' in Minneapolis-St. Paul-Bloomington have experienced steady growth over the past four years, mirroring broader economic trends and increasing demand for experienced leadership. This upward trajectory likely reflects adjustments to inflation, market competitiveness, and the evolving responsibilities associated with managerial roles.
Managers, All Other Salary Distribution in Minneapolis-St. Paul-Bloomington, MN-WI
Compensation for 'Managers, All Other' typically scales significantly with experience. Entry-level positions will command lower salaries, while senior managers with extensive track records and specialized expertise can expect to earn considerably more, potentially reaching well into the upper percentiles. The widening salary gap between junior and senior roles signifies clear career progression pathways and the increasing value placed on seasoned leadership.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $90,790 | $43.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $121,523 | $58.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $161,320 | $77.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $202,538 | $97.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $225,030 | $108.2 |
Detailed Managers, All Other Market Analysis
Relocation Context
Nominal Salary
$162,030
Gross Pay
Real Wage (Purchasing Power)
$162,030
Adjusted for COL (100)
The nominal average salary of $162,030 in Minneapolis-St. Paul-Bloomington aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a manager's salary in this region is equivalent to the national average, suggesting that while the salary is higher than the national average, the cost of living does not present a significant disadvantage or advantage.
Job Market Context
3,970
Total Jobs
2.054
Per 1K Jobs
0.5
Location Quotient
Minneapolis-St. Paul-Bloomington, MN-WI has 0.50x the national average concentration of Managers, All Other 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 0.5 for 'Managers, All Other' in Minneapolis-St. Paul-Bloomington indicates that this role is less concentrated locally compared to the national average. This suggests that the job market may not be saturated, potentially offering good opportunities for qualified candidates, but also implying that the demand might be more specialized or spread across various industries rather than clustered.
Nearby Job Markets
Nearby Cities for Managers, All Other
| City | Salary | Dist. |
|---|---|---|
| Northwest Minnesota nonmetropolitan area Managers, All Other Salary | $113,780↓ 30% | 58 mi |
| Southeast Minnesota nonmetropolitan area Managers, All Other Salary | $130,640↓ 19% | 58 mi |
| Southwest Minnesota nonmetropolitan area Managers, All Other Salary | $126,170↓ 22% | 58 mi |
| Northeast Minnesota nonmetropolitan area Managers, All Other Salary | $126,600↓ 22% | 58 mi |
| St. Cloud, MN Managers, All Other Salary | $135,920↓ 16% | 59 mi |
Comparing salaries near Minneapolis-St. Paul-Bloomington, MN-WI
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Frequently Asked Questions
How much does a Managers, All Other make in Minneapolis-St. Paul-Bloomington, MN-WI?
The median annual salary for a Managers, All Other in Minneapolis-St. Paul-Bloomington, MN-WI is $162,030. This typically ranges from $90,790 for entry-level positions to $225,030 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 4.2% higher than the national median of $155,520.
Is Minneapolis-St. Paul-Bloomington, MN-WI a lucrative place for Managers, All Others?
Yes, it is a lucrative place for Managers, All Others.The average salary of $162,030 significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong earning potential.
Is Minneapolis-St. Paul-Bloomington, MN-WI a good place to live for Managers, All Others?
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 ($113,780) and Southeast Minnesota nonmetropolitan area.
How does the Minneapolis-St. Paul-Bloomington manager salary compare to the national average?
Managers in Minneapolis-St. Paul-Bloomington earn an average of $162,030 annually, which is $6,510 more than the national average of $155,520.
What is the concentration of Managers, All Other in Minneapolis-St. Paul-Bloomington?
The Location Quotient is 0.5, meaning the concentration of these managerial roles is half that of the national average, suggesting a less saturated market.
How does the cost of living affect the Minneapolis-St. Paul-Bloomington manager salary?
With a Cost of Living Index of 100, the local salary's purchasing power is equivalent to the national average, making it neither significantly more nor less affordable.
What is the total number of Managers, All Other in the Minneapolis-St. Paul-Bloomington area?
There are approximately 3,970 individuals employed as Managers, All Other 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 3,970 employees in the Minneapolis-St. Paul-Bloomington, MN-WI area with a job density of 2.054 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Managers, All Other • Data source: BLS OEWS 2024 •Jobs in Minneapolis-St. Paul-Bloomington, MN-WI