Average Sales Managers Salary in Minnesota
Sales Managers in Minnesota earn an impressive average annual salary of $165,710, surpassing the national average of $161,040. This elevated compensation in Minnesota can be attributed to a combination of factors, including the state's robust economic landscape and a strong demand for experienced sales leadership within its key industries.
Executive Summary
- Average Salary: $165,710 per year.
- Growth Trend: Salaries have shifted 21.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $248,565.
- Outlook: With a substantial local workforce of 10,480 Sales Managers, Minnesota demonstrates a significant presence in this field. The Location Quotient of 0.92 suggests a market that is nearly on par with the national average in terms of concentration, indicating a stable and consistent demand for these professionals within the state's economy.
Salary Overview
The average Sales Managers in Minnesota earns+2.9%above the national average.
$79.7
$3,187
$13,809
Sales Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the salary for Sales Managers in Minnesota has experienced steady growth over the past four years, mirroring national trends. Economic expansion and evolving sales strategies likely contribute to an upward trajectory in compensation for these vital roles.
Sales Managers Salary Distribution in Minnesota
The career path for Sales Managers in Minnesota offers significant earning potential, with salaries scaling considerably from entry-level positions to senior executive roles. The difference between the lower and higher percentiles of the salary distribution highlights the substantial rewards associated with accumulating experience, developing leadership skills, and achieving consistent sales success.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $79,990 | $38.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $124,283 | $59.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $148,190 | $71.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $207,138 | $99.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $248,565 | $119.5 |
Detailed Sales Managers Market Analysis
Relocation Context
Nominal Salary
$165,710
Gross Pay
Real Wage (Purchasing Power)
$175,540
Adjusted for COL (94.4)
The average annual salary of $165,710 in Minnesota presents a favorable financial outlook, especially 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 Sales Manager's salary in Minnesota is likely higher than the national average, offering a good quality of life.
Job Market Context
10,480
Total Jobs
3.587
Per 1K Jobs
0.92
Location Quotient
Minnesota has 0.92x 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 0.92 indicates that Sales Managers are present in Minnesota at a rate very close to the national average. This suggests a balanced job market where demand is consistent, but perhaps not exceptionally concentrated, implying a competitive yet accessible environment for skilled professionals.
Nearby Job Markets
Nearby Cities for Sales Managers
| City | Salary | Dist. |
|---|---|---|
| St. Cloud, MN Sales Managers Salary | $141,310↓ 15% | 17 mi |
| Minneapolis-St. Paul-Bloomington, MN-WI Sales Managers Salary | $164,050↓ 1% | 58 mi |
Comparing salaries near Minnesota
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Frequently Asked Questions
How much does a Sales Managers make in Minnesota?
The median annual salary for a Sales Managers in Minnesota is $165,710. This typically ranges from $79,990 for entry-level positions to $248,565 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Minnesota is 2.9% higher than the national median of $161,040.
Is Minnesota a lucrative place for Sales Managers?
Yes, Minnesota offers a lucrative environment for Sales Managers.The average salary of $165,710 significantly exceeds the national average, and the cost of living is below the national average, enhancing purchasing power.
Is Minnesota a good place to live for Sales 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 ($141,310) and Minneapolis-St. Paul-Bloomington, MN-WI.
How does Minnesota's Sales Manager salary compare to the national average?
Sales Managers in Minnesota earn an average of $165,710 annually, which is higher than the national average of $161,040.
What is the concentration of Sales Managers in Minnesota?
The Location Quotient for Sales Managers in Minnesota is 0.92, indicating a concentration very close to the national average.
Is the cost of living high for Sales Managers in Minnesota?
No, the Cost of Living Index in Minnesota is 94.4, which is below the national average of 100, making it relatively affordable.
How many Sales Managers are there in Minnesota?
Minnesota has a total local workforce of 10,480 Sales Managers, with 3.587 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 10,480 employees in the Minnesota area with a job density of 3.587 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 Managers • Data source: BLS OEWS 2024 •Jobs in Minnesota