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Average Sales Managers Salary in Northwest Minnesota nonmetropolitan area

Sales Managers in Northwest Minnesota nonmetropolitan area earn an average annual salary of $141,400. This figure is notably below the national average of $161,040, suggesting that regional economic factors and industry demand play a significant role in compensation within this specific locale. The lower average may be influenced by the concentration of industries and the overall economic landscape of nonmetropolitan regions.

Executive Summary

  • Average Salary: $141,400 per year.
  • Growth Trend: Salaries have shifted 34.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $212,100.
  • Outlook: The job market for Sales Managers in Northwest Minnesota nonmetropolitan area, while modest in size with a total local workforce of 360, shows a specific concentration indicated by a Location Quotient of 0.48. This suggests that while the absolute number of positions might not be vast, the role is present and has a defined presence within the regional economy, albeit at a lower density than the national average.
2024 Market Data

Salary Overview

$141,400

The average Sales Managers in Northwest Minnesota nonmetropolitan area earns-12.2%below the national average.

BreakdownBased on 40h/week
Hourly

$68

Weekly

$2,719

Monthly

$11,783

Sales Managers Salary Distribution in Northwest Minnesota nonmetropolitan area

Salary progression for Sales Managers typically scales significantly with experience. Entry-level positions often start at the lower end of the pay scale, while senior Sales Managers with extensive track records and proven leadership capabilities command substantially higher salaries. The percentile gaps in compensation clearly signify career progression, rewarding accumulated expertise, strategic acumen, and demonstrated success in driving sales performance.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$70,600$33.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$106,050$51
ManagerOversees team, compliance, and project delivery.50% (Median)$125,910$60.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$176,750$85
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$212,100$102

Detailed Sales Managers Market Analysis

Relocation Context

Nominal Salary

$141,400

Gross Pay

Real Wage (Purchasing Power)

$141,400

Adjusted for COL (100)

With an average annual salary of $141,400 and a Cost of Living Index of 100 (which is precisely the national average), Sales Managers in Northwest Minnesota nonmetropolitan area experience a purchasing power that aligns with the national standard. This means that the nominal salary translates directly to the expected cost of goods and services when compared to the rest of the country, offering a stable financial environment.

Job Market Context

360

Total Jobs

1.891

Per 1K Jobs

0.48

Location Quotient

Low Concentration

At 0.48x, Northwest Minnesota nonmetropolitan area has a notably lower concentration of Sales Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.

The Location Quotient of 0.48 for Sales Managers in Northwest Minnesota nonmetropolitan area indicates a market that is less concentrated than the national average. This suggests that while there are opportunities, the competition might be less intense compared to metropolitan hubs, and the demand for these professionals is relatively lower in proportion to the national workforce distribution.

Nearby Job Markets

Nearby Cities for Sales Managers

Comparing salaries near Northwest Minnesota nonmetropolitan area

Hiring Sales Managerss?

Frequently Asked Questions

How much does a Sales Managers make in Northwest Minnesota nonmetropolitan area?

The median annual salary for a Sales Managers in Northwest Minnesota nonmetropolitan area is $141,400. This typically ranges from $70,600 for entry-level positions to $212,100 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Minnesota nonmetropolitan area is 12.2% lower than the national median of $161,040.

Is Northwest Minnesota nonmetropolitan area a lucrative place for Sales Managers?

No, not when compared to the national average.While Sales Managers earn a substantial $141,400 annually, this is below the national average of $161,040. The cost of living is average, meaning the nominal salary doesn't offer a significant advantage over national benchmarks.

Is Northwest Minnesota nonmetropolitan area a good place to live for Sales Managers?

The Cost of Living Index in Northwest Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northwest Minnesota nonmetropolitan area?

Some top paying nearby cities include St. Cloud, MN ($141,310) and Minneapolis-St. Paul-Bloomington, MN-WI.

What is the average salary for a Sales Manager in Northwest Minnesota nonmetropolitan area?

The average annual salary for a Sales Manager in Northwest Minnesota nonmetropolitan area is $141,400.

How does the Northwest Minnesota salary compare to the national average?

The average salary of $141,400 in Northwest Minnesota nonmetropolitan area is lower than the national average of $161,040.

What is the Cost of Living Index in Northwest Minnesota nonmetropolitan area?

The Cost of Living Index in Northwest Minnesota nonmetropolitan area is 100, which is the same as the national average.

How concentrated is the Sales Manager job market in this region?

The job market for Sales Managers in this region has a Location Quotient of 0.48, indicating it is less concentrated than the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the Northwest Minnesota nonmetropolitan area area with a job density of 1.891 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.