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Average Marketing Managers Salary in Minnesota

Marketing Managers in Minnesota earn an average annual salary of $171,860, a figure that closely mirrors the national average of $172,340. This slight parity suggests that while the state's economic landscape offers competitive compensation, factors such as industry concentration and the specific demand within Minnesota's business environment play a crucial role in determining this pay scale.

Executive Summary

  • Average Salary: $171,860 per year.
  • Growth Trend: Salaries have shifted 14.0% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $257,790.
  • Outlook: With a local workforce of 8,610 Marketing Managers, Minnesota demonstrates a significant presence in this field. The Location Quotient of 1.18 indicates a concentration of these roles slightly above the national average, suggesting a robust and potentially growing job market for marketing professionals within the state.
2024 Market Data

Salary Overview

$171,860

The average Marketing Managers in Minnesota earns-0.3%below the national average.

BreakdownBased on 40h/week
Hourly

$82.6

Weekly

$3,305

Monthly

$14,322

Marketing Managers Salary Distribution in Minnesota

The career trajectory for Marketing Managers in Minnesota typically shows a significant salary increase with experience. Entry-level positions might start at a lower percentile, but as professionals gain experience and move into senior or specialized roles, their earning potential escalates considerably. The widening gap between entry-level and senior salaries underscores the value placed on expertise and leadership within the marketing field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$84,350$40.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$128,895$62
ManagerOversees team, compliance, and project delivery.50% (Median)$167,250$80.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$214,825$103.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$257,790$123.9

Detailed Marketing Managers Market Analysis

Relocation Context

Nominal Salary

$171,860

Gross Pay

Real Wage (Purchasing Power)

$182,055

Adjusted for COL (94.4)

The average Marketing Manager salary of $171,860 in Minnesota is particularly attractive when considering the local Cost of Living Index of 94.4. This index is below the national average of 100, meaning that the purchasing power of a Marketing Manager's salary in Minnesota is effectively higher than the national average, allowing for a better standard of living.

Job Market Context

8,610

Total Jobs

2.95

Per 1K Jobs

1.18

Location Quotient

Above Average

With a location quotient of 1.18, Minnesota has a slightly higher-than-average concentration of Marketing Managers roles compared to the national norm.

A Location Quotient of 1.18 signifies that Marketing Manager roles are 18% more concentrated in Minnesota than the national average. This suggests a healthy and active job market with a strong demand for these professionals, potentially offering more opportunities and competitive compensation compared to areas with a lower concentration.

Nearby Job Markets

Nearby Cities for Marketing Managers

CitySalaryDist.
St. Cloud, MN Marketing Managers Salary$145,150↓ 16%17 mi
Minneapolis-St. Paul-Bloomington, MN-WI Marketing Managers Salary$177,550↑ 3%58 mi

Comparing salaries near Minnesota

Hiring Marketing Managerss?

Frequently Asked Questions

How much does a Marketing Managers make in Minnesota?

The median annual salary for a Marketing Managers in Minnesota is $171,860. This typically ranges from $84,350 for entry-level positions to $257,790 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Minnesota is 0.3% lower than the national median of $172,340.

Is Minnesota a lucrative place for Marketing Managers?

Yes, Minnesota offers a lucrative environment for Marketing Managers.The average salary is nearly on par with the national average, and the cost of living is below the national average, enhancing purchasing power.

Is Minnesota a good place to live for Marketing Managers?

With a Cost of Living Index of 94.4 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Minnesota?

Some top paying nearby cities include St. Cloud, MN ($145,150) and Minneapolis-St. Paul-Bloomington, MN-WI.

How does Minnesota's Marketing Manager salary compare to the national average?

The average annual salary for Marketing Managers in Minnesota is $171,860, which is very close to the national average of $172,340.

Is the job market for Marketing Managers strong in Minnesota?

Yes, with a Location Quotient of 1.18, Marketing Manager roles are more concentrated in Minnesota than the national average, indicating a robust market.

Does the cost of living affect the value of a Marketing Manager's salary in Minnesota?

Yes, Minnesota's Cost of Living Index of 94.4 is lower than the national average, meaning the $171,860 salary offers greater purchasing power locally.

How many Marketing Managers are there in Minnesota?

There are approximately 8,610 Marketing Managers employed in Minnesota, representing 2.95 jobs per 1,000 workers.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,610 employees in the Minnesota area with a job density of 2.95 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Marketing Managers • Data source: BLS OEWS 2024 •Jobs in Minnesota