Average Sales and Related Occupations Salary in Minneapolis-St. Paul-Bloomington, MN-WI
In the vibrant Minneapolis-St. Paul-Bloomington metropolitan area, professionals in Sales and Related Occupations earn an average annual salary of $60,290. This figure notably surpasses the national average of $54,110, indicating a strong local demand and potentially higher earning potential for sales roles in this region. The economic landscape and industry concentration likely contribute to this favorable compensation.
Executive Summary
- Average Salary: $60,290 per year.
- Growth Trend: Salaries have shifted 14.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $104,710.
- Outlook: With a substantial local workforce of 160,330 individuals in Sales and Related Occupations, the Minneapolis-St. Paul-Bloomington area demonstrates a significant presence in this sector. The Location Quotient of 0.96 suggests that the concentration of these jobs is nearly on par with the national average, implying a stable and robust job market that can support a large number of professionals.
Salary Overview
The average Sales and Related Occupations in Minneapolis-St. Paul-Bloomington, MN-WI earns+11.4%above the national average.
$29
$1,159
$5,024
Sales and Related Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally observed that salaries within Sales and Related Occupations across major metropolitan areas like Minneapolis-St. Paul-Bloomington have experienced consistent growth over the past four years. This trend is typically driven by inflation, increasing demand for skilled sales professionals, and the evolving nature of sales strategies and technologies.
Sales and Related Occupations Salary Distribution in Minneapolis-St. Paul-Bloomington, MN-WI
Career progression in Sales and Related Occupations within Minneapolis-St. Paul-Bloomington typically involves a significant salary increase from entry-level to senior positions. While exact figures vary, the gap between the 25th percentile (entry-level) and the 75th percentile (experienced) often represents substantial earning potential, highlighting the rewards of gaining experience and mastering sales techniques.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $29,650 | $14.3 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $45,218 | $21.7 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $41,610 | $20 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $75,363 | $36.2 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $104,710 | $50.3 |
Detailed Sales and Related Occupations Market Analysis
Relocation Context
Nominal Salary
$60,290
Gross Pay
Real Wage (Purchasing Power)
$60,290
Adjusted for COL (100)
The average annual salary of $60,290 in Minneapolis-St. Paul-Bloomington aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a sales professional's income in this region is equivalent to the national standard, offering a balanced lifestyle without significant financial strain related to living expenses.
Job Market Context
160,330
Total Jobs
82.999
Per 1K Jobs
0.96
Location Quotient
Minneapolis-St. Paul-Bloomington, MN-WI has 0.96x the national average concentration of Sales and Related Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.96 for Sales and Related Occupations in Minneapolis-St. Paul-Bloomington indicates a job market that is closely aligned with the national distribution. While not significantly more concentrated than the national average, this figure suggests a healthy and competitive environment where opportunities are readily available for qualified individuals, without being overly saturated.
Nearby Job Markets
Nearby Cities for Sales and Related Occupations
| City | Salary | Dist. |
|---|---|---|
| Northwest Minnesota nonmetropolitan area Sales and Related Occupations Salary | $42,620↓ 29% | 58 mi |
| Southeast Minnesota nonmetropolitan area Sales and Related Occupations Salary | $44,580↓ 26% | 58 mi |
| Southwest Minnesota nonmetropolitan area Sales and Related Occupations Salary | $45,860↓ 24% | 58 mi |
| Northeast Minnesota nonmetropolitan area Sales and Related Occupations Salary | $39,890↓ 34% | 58 mi |
| St. Cloud, MN Sales and Related Occupations Salary | $48,510↓ 20% | 59 mi |
Comparing salaries near Minneapolis-St. Paul-Bloomington, MN-WI
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Frequently Asked Questions
How much does a Sales and Related Occupations make in Minneapolis-St. Paul-Bloomington, MN-WI?
The median annual salary for a Sales and Related Occupations in Minneapolis-St. Paul-Bloomington, MN-WI is $60,290. This typically ranges from $29,650 for entry-level positions to $104,710 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 11.4% higher than the national median of $54,110.
Is Minneapolis-St. Paul-Bloomington, MN-WI a lucrative place for Sales and Related Occupationss?
Yes, it offers above-average earnings.The average salary of $60,290 significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong purchasing power for sales professionals.
Is Minneapolis-St. Paul-Bloomington, MN-WI a good place to live for Sales and Related Occupations?
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 ($42,620) and Southeast Minnesota nonmetropolitan area.
How does the Minneapolis-St. Paul-Bloomington sales job market compare to the national average in terms of concentration?
The market concentration, measured by the Location Quotient of 0.96, is very close to the national average of 1.0, suggesting a comparable abundance of sales jobs relative to the overall workforce.
What is the total number of people employed in Sales and Related Occupations in Minneapolis-St. Paul-Bloomington?
There are approximately 160,330 individuals employed in Sales and Related Occupations within the Minneapolis-St. Paul-Bloomington metropolitan area.
Does the cost of living in Minneapolis-St. Paul-Bloomington affect the value of the average sales salary?
No, the cost of living index is exactly 100, matching the national average. This means the $60,290 salary has the same purchasing power as the national average salary in a typical U.S. location.
Are there more sales jobs per capita in Minneapolis-St. Paul-Bloomington than the national average?
With 82.999 jobs per 1,000 workers, the Minneapolis-St. Paul-Bloomington area has a slightly lower density of sales jobs compared to the national average, which would be closer to 83.33 jobs per 1,000 workers if the LQ was exactly 1.0.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 160,330 employees in the Minneapolis-St. Paul-Bloomington, MN-WI area with a job density of 82.999 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Sales and Related Occupations • Data source: BLS OEWS 2024 •Jobs in Minneapolis-St. Paul-Bloomington, MN-WI