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Average Sales Managers Salary in Minneapolis-St. Paul-Bloomington, MN-WI

Sales Managers in the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area earn an impressive average annual salary of $164,050. This figure slightly surpasses the national average of $161,040, indicating a robust demand and competitive compensation landscape for sales leadership roles within this dynamic region. The local economic drivers and industry concentration likely contribute to this favorable pay scale.

Executive Summary

  • Average Salary: $164,050 per year.
  • Growth Trend: Salaries have shifted 15.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $246,075.
  • Outlook: With a substantial local workforce of 7,270 Sales Managers, the Minneapolis-St. Paul area demonstrates a significant presence in this field. The Location Quotient of 0.96 suggests that the concentration of Sales Managers is nearly on par with the national average, implying a stable and well-established job market that continues to support a healthy number of professionals in these critical sales leadership positions.
2024 Market Data

Salary Overview

$164,050

The average Sales Managers in Minneapolis-St. Paul-Bloomington, MN-WI earns+1.9%above the national average.

BreakdownBased on 40h/week
Hourly

$78.9

Weekly

$3,155

Monthly

$13,671

Sales Managers Salary Distribution in Minneapolis-St. Paul-Bloomington, MN-WI

The career trajectory for Sales Managers in Minneapolis-St. Paul offers significant earning potential, with salaries scaling considerably from entry-level to senior positions. While the provided data represents an average, experienced professionals typically command higher salaries, reflected in the upper percentiles. The gap between entry-level and senior roles signifies substantial career progression and the value placed on accumulated expertise and proven sales leadership.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$83,110$40
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$123,038$59.2
ManagerOversees team, compliance, and project delivery.50% (Median)$150,860$72.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$205,063$98.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$246,075$118.3

Detailed Sales Managers Market Analysis

Relocation Context

Nominal Salary

$164,050

Gross Pay

Real Wage (Purchasing Power)

$164,050

Adjusted for COL (100)

The average annual salary of $164,050 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 Sales Manager's salary in this region is equivalent to the national average, offering a stable financial foundation for residents without the added pressure of a significantly higher or lower cost of living.

Job Market Context

7,270

Total Jobs

3.761

Per 1K Jobs

0.96

Location Quotient

Below Average

Minneapolis-St. Paul-Bloomington, MN-WI has 0.96x the national average concentration of Sales Managers 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 0.96 indicates that the Minneapolis-St. Paul-Bloomington area has a concentration of Sales Managers that is very close to the national average. This suggests a competitive yet accessible job market, where opportunities are readily available without being overwhelmingly saturated. Professionals can expect a balanced environment with a steady demand for their skills.

Nearby Job Markets

Nearby Cities for Sales Managers

Comparing salaries near Minneapolis-St. Paul-Bloomington, MN-WI

Hiring Sales Managerss?

Frequently Asked Questions

How much does a Sales Managers make in Minneapolis-St. Paul-Bloomington, MN-WI?

The median annual salary for a Sales Managers in Minneapolis-St. Paul-Bloomington, MN-WI is $164,050. This typically ranges from $83,110 for entry-level positions to $246,075 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 1.9% higher than the national median of $161,040.

Is Minneapolis-St. Paul-Bloomington, MN-WI a lucrative place for Sales Managers?

Yes, it is a lucrative place for Sales Managers.Sales Managers in this region earn slightly above the national average salary, and the cost of living is on par with the national average, offering excellent purchasing power.

Is Minneapolis-St. Paul-Bloomington, MN-WI a good place to live for Sales Managers?

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 ($141,400) and Southeast Minnesota nonmetropolitan area.

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

The average annual salary for Sales Managers in Minneapolis-St. Paul-Bloomington is $164,050, which is slightly higher than the national average of $161,040.

What is the concentration of Sales Managers in Minneapolis-St. Paul?

The concentration, measured by the Location Quotient, is 0.96, indicating that the number of Sales Managers per worker is very close to the national average.

How does the cost of living affect the Minneapolis-St. Paul Sales Manager salary?

The Cost of Living Index is 100, meaning it is the same as the national average. Therefore, the $164,050 salary offers purchasing power equivalent to the national average.

What is the total number of Sales Managers in the Minneapolis-St. Paul area?

There are approximately 7,270 Sales Managers employed within 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 7,270 employees in the Minneapolis-St. Paul-Bloomington, MN-WI area with a job density of 3.761 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.