What is the average salary in Minnesota?

1 min read by Charlie Barton Last updated October 4, 2024

Learn about the average salaries and highest paying counties in Minnesota.

Summary

  • Minnesota is a great place to live and work, with a strong economy and diverse industries.

  • According to the Bureau of Economic Analysis, Minnesota has a cost of living index of 101.6, just slightly above the national average of 100.

  • Overall the cost of living in Minnesota is relatively affordable.

  • Whether you are a resident or considering a move to Minnesota, understanding the financial landscape can help you make informed decisions. 

What is a good salary in Minnesota?

The median income in Minnesota is $56,400.

Defining ‘good’ relies on all sorts of variable factors, including industry, location and age. These should be taken into account when determining a 'good' salary.

What is the average salary in Minnesota by age?

Alongside location and occupation, salaries in Minnesota are also dependent on age since more senior workers will be paid more. Then, when they retire, their income will dip again as they will rely on pensions and other forms of set income.

According to the Census Bureau data, householders under 25 in Minnesota have a median income of $37,222; householders aged 25 to 44 years old have a median income of $68,128; those aged 45 to 64 years old have a median income of $78,643; and those 65 and older have a median income of $50,237.

What is the average salary in Minnesota by hour?

If Americans work an average of 1,801 hours per year — at 37.5 hours a week — then the average hourly salary in Minnesota is $27.12.

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What is the average salary by city in Minnesota?

City living is often more expensive than living in more rural areas, but it’s also where the money is. Minnesota’s own cities can vary massively in average salary; cities like Woodbury and Eden Prairie command upwards of $90,000, while Duluth’s average sits below $45,000.  

Average earnings by city — or any other geographical metric — is just one way of calculating wealth, and certainly shouldn’t be the only way you look at your own earning potential in a given place. It doesn’t take into account the type of jobs that people do to earn above or below this average bracket, and omits any consideration for the number of people living in a household. However, it’s certainly one way of establishing which place offers good earning opportunities.  

The US Census Bureau’s latest American Community Survey has calculated the average earnings for the largest cities in Minnesota, which you can find ranked below.  

CityAverage household income
Woodbury $98,974
Eden Prairie $95,697
Lakeville $94,635
Maple Grove $92,267
Edina $86,968
Plymouth $84,231
Eagan $80,247
Minnetonka $50,897
Blaine $73,496
Burnsville $63,997
Rochester $63,472
Bloomington $63,053
Brooklyn Park $62,656
Minneapolis $50,767
Saint Paul $48,258
Saint Cloud $44,485
Duluth $43,518

What is the average salary by county in Minnesota?

Reviewing average salaries in Minnesota by city is not necessarily an adequate metric for average salaries across the state, since it’s entirely urban-focused. A good idea is to weigh these figures up against the average salary in Minnesota by county, as this will take areas outside the main cities into account and offer a broader idea of salary ranges.  

The same survey from the US Census Bureau gives further insight this way, with the average household income calculated for each county.  

CountyAverage Household Income
Washington $79,109
Hennepin $61,328
Carver $80,280
Dakota $72,850
Scott $82,190
Olmsted $64,090
Minnesota $57,243
Anoka $69,028
Ramsey $51,915
Cook $49,162
Wright $67,963
McLeod $58,544
Goodhue $56,366
Sherburne $71,704
Lake of the Woods $46,080
Dodge $64,438
Chisago $64,726
Wabasha $51,112
Lake $46,765
Le Sueur $57,477
Pope $47,196
Kandiyohi $49,512
Nicollet $57,540
Douglas $46,789
Martin $43,960
Isanti $57,260
Jackson $46,869
Steele $55,321
Kittson $47,568
Saint Louis $44,941
Lincoln $44,672
Houston $50,855
Stearns $51,779
Rice $58,771
Brown $47,696
Stevens $47,055
Koochiching $39,571
Marshall $48,565
Wilkin $48,692
Hubbard $45,066
Becker $46,056
Cass $42,445
Lac qui Parle $45,550
Crow Wing $44,659
Traverse $41,287
Sibley $51,449
Murray $45,657
Renville $47,623
Carlton $52,858
Meeker $51,173
Fillmore $45,888
Lyon $46,872
Big Stone $42,870
Mower $44,497
Blue Earth $47,871
Benton $50,848
Freeborn $43,090
Chippewa $43,956
Redwood $44,181
Itasca $45,621
Otter Tail $43,478
Grant $41,697
Red Lake $47,835
Yellow Medicine $50,288
Cottonwood $40,292
Waseca $50,552
Polk $47,233
Rock $45,411
Clay $50,057
Roseau $49,400
Aitkin $40,226
Morrison $47,085
Norman $41,784
Pennington $44,926
Faribault $41,631
Watonwan $44,228
Pipestone $40,589
Winona $44,217
Mille Lacs $45,273
Swift $41,486
Pi ne $43,938
Kanabec $45,672
Beltrami $43,394
Todd $42,927
Nobles $43,040
Clearwater $39,310
Wadena $34,686
Mahnomen $38,523

What are the highest paying jobs in Minnesota?

There’s another weighty factor that will influence how much you earn if you live in Minnesota: your job type. Average salaries for various sectors and job roles can vary massively across the state, so it’s absolutely something to consider when looking at salaries by location.

Zippia has calculated a comprehensive list of annual salaries by occupation area, which you can also find below.

Job TitleSalary
Chief Medical Officer $216,096
Finance Services Director $215,904
Medical Director $213,949
Associate Medical Director $198,572
Primary Care Physician $198,305
President Of Operations $197,766
Senior Vice President-Operations $196,986
Acute Care Physician $191,404
Resident Physician In Radiology $189,713
Executive Vice President Marketing $187,413
Vice President, Field Operations $186,211
Executive Vice President $183,975
Certified Registered Nurse Anesthetist $181,454
Chief Administrative Officer $181,415
Vice President, Products & Marketing $178,774
President & Chief Operating Officer $177,165
Clinical Physician Assistant $174,833
Medical Staff Physician $174,579
Public Health Physician $169,581
Vice President Product Development $169,186

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Writer

Charlie Barton

Charlie Barton is a writer at Unbiased. He has been writing about personal finance and investing since 2017, with extensive knowledge of platforms and products. Charlie has a first-class degree from the London School of Economics.