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Average Sales Managers Salary in Southeast Minnesota nonmetropolitan area

Sales Managers in the Southeast Minnesota nonmetropolitan area earn an average annual salary of $158,040. This figure is slightly below the national average of $161,040, indicating a localized compensation structure influenced by regional economic factors and industry demand. While close to the national benchmark, this pay reflects the specific market dynamics of this nonmetropolitan region.

Executive Summary

  • Average Salary: $158,040 per year.
  • Growth Trend: Salaries have shifted 45.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $237,060.
  • Outlook: With a total local workforce of 390 Sales Managers, the job market in Southeast Minnesota nonmetropolitan area presents a moderate opportunity. The Location Quotient of 0.64 suggests that while Sales Managers are present, the concentration is lower than the national average, implying a less saturated but potentially competitive environment for new entrants.
2024 Market Data

Salary Overview

$158,040

The average Sales Managers in Southeast Minnesota nonmetropolitan area earns-1.9%below the national average.

BreakdownBased on 40h/week
Hourly

$76

Weekly

$3,039

Monthly

$13,170

Sales Managers Salary Distribution in Southeast Minnesota nonmetropolitan area

The salary trajectory for Sales Managers in Southeast Minnesota nonmetropolitan area typically scales significantly with experience. Entry-level positions might start considerably lower, while senior roles, commanding extensive experience and proven track records, can push earnings well beyond the average. The percentile gaps in salary distribution clearly signify the substantial career progression and earning potential available.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$72,750$35
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$118,530$57
ManagerOversees team, compliance, and project delivery.50% (Median)$135,220$65
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$197,550$95
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$237,060$114

Detailed Sales Managers Market Analysis

Relocation Context

Nominal Salary

$158,040

Gross Pay

Real Wage (Purchasing Power)

$158,040

Adjusted for COL (100)

The average annual salary of $158,040 in Southeast Minnesota nonmetropolitan area 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 standing without the premium often associated with higher cost-of-living areas.

Job Market Context

390

Total Jobs

2.523

Per 1K Jobs

0.64

Location Quotient

Below Average

Southeast Minnesota nonmetropolitan area has 0.64x 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.

The Location Quotient of 0.64 for Sales Managers in Southeast Minnesota nonmetropolitan area indicates a lower concentration of these professionals compared to the national average. This suggests that while the demand exists, the supply of Sales Managers is relatively less abundant, potentially creating opportunities for skilled individuals but also signaling a market that may not be as robust or dynamic as more concentrated metropolitan areas.

Nearby Job Markets

Nearby Cities for Sales Managers

Comparing salaries near Southeast Minnesota nonmetropolitan area

Hiring Sales Managerss?

Frequently Asked Questions

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

The median annual salary for a Sales Managers in Southeast Minnesota nonmetropolitan area is $158,040. This typically ranges from $72,750 for entry-level positions to $237,060 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southeast Minnesota nonmetropolitan area is 1.9% lower than the national median of $161,040.

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

Yes, it offers a competitive salary equivalent to the national average.Sales Managers in this region earn $158,040, which is very close to the national average, and the cost of living is also at the national average, making it financially comparable.

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

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

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

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

How does the Sales Manager salary in Southeast Minnesota compare to the national average?

The average annual salary for Sales Managers in Southeast Minnesota nonmetropolitan area is $158,040, which is slightly below the national average of $161,040.

What is the concentration of Sales Managers in Southeast Minnesota nonmetropolitan area?

The concentration, measured by the Location Quotient, is 0.64, indicating that Sales Managers are less concentrated in this region compared to the national average.

How does the cost of living affect the salary in Southeast Minnesota nonmetropolitan area?

The Cost of Living Index is 100, which is the national average. This means the $158,040 salary has the same purchasing power as the national average salary.

What does the total workforce size suggest about the job market for Sales Managers?

With a total local workforce of 390 Sales Managers, the market is of moderate size, suggesting a stable but not overly saturated environment for these professionals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 390 employees in the Southeast Minnesota nonmetropolitan area area with a job density of 2.523 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.