Average Salaries in Minneapolis, MN
Explore salary data for all occupations in the Minneapolis-St. Paul-Bloomington metropolitan area.
Average Salary
$85,768
across all occupations
Highest Paying Job
$251,900
Physician
Occupations Covered
80
jobs with salary data
Cost of Living: Minneapolis, MN has a cost of living that is 3.2% above the national average. Consider this when comparing salaries.
Salaries in Minneapolis, MN by Occupation
About Working in Minneapolis, MN
This metropolitan area offers diverse career opportunities across multiple industries. The local economy supports a variety of occupations, and salary levels reflect the area's cost of living, industry mix, and labor market conditions.
Based on Bureau of Labor Statistics data, the average salary across all occupations in Minneapolis, MN is $85,768 per year. Salaries range from $34,603 for Childcare Workers to $251,900 for Physicians. The metropolitan area employs approximately 45,339 workers across the 80 occupations we track.
Minneapolis, MN Economy Overview
The local economy is supported by a mix of industries including healthcare, retail, professional services, and manufacturing. Economic conditions and employment opportunities vary based on national and regional trends.
Major Industries in Minneapolis, MN
The Minneapolis, MN job market is driven by these key industries:
Cost of Living Considerations
Cost of living in this area reflects local housing costs, transportation needs, and regional economic conditions. It's important to consider cost of living when comparing salaries across different locations.
Cost of Living Index: 103.2(3.2% above national average)
Job Market Insights
The job market conditions vary based on local industries and economic trends. Job seekers should research specific industries and employers in the area. Networking and local connections can be valuable in the job search process.
Quality of Life in Minneapolis, MN
Quality of life factors include local amenities, climate, recreational opportunities, and community characteristics. Consider your personal priorities when evaluating career opportunities in different locations.
Frequently Asked Questions About Salaries in Minneapolis, MN
What is the average salary in Minneapolis, MN?
The average salary across all occupations in Minneapolis, MN is approximately $85,768 per year. However, salaries vary significantly by occupation, experience level, and industry.
What are the highest paying jobs in Minneapolis, MN?
The highest paying occupation in Minneapolis, MN based on our data is Physician with an average salary of $251,900 per year. Other high-paying occupations can be found in the salary table above.
How does the cost of living affect salaries in Minneapolis, MN?
With a cost of living 3.2% above the national average, salaries in Minneapolis, MN tend to be higher to compensate. However, it's important to consider your overall financial picture, including housing, transportation, and other expenses.
Is Minneapolis, MN a good place to find a job?
Minneapolis, MN offers diverse employment opportunities across multiple industries. With 45,339 workers employed across the occupations we track, the metropolitan area has a substantial job market. Your prospects will depend on your industry, skills, and experience level.