Business Professor Salary in Minnesota
Business Professors in Minnesota earn an average of $102,935 per year across 1 metro area. This is +0.5% higher than the national average.
Average Salary
$102,935
per year
Hourly Rate
$49.49
per hour
vs National
+0.5%
$102,420 national
Salary Range
$67,494
to $151,156
Cost of Living Adjusted Salary
Nominal Salary
$102,935
Cost of Living Index
99
100 = national average
Adjusted Salary
$103,975
purchasing power equivalent
After adjusting for Minnesota's cost of living (below average), a Business Professor's salary of $102,935 has the purchasing power of $103,975 in an average-cost area.
Business Professor Salary by City in Minnesota
| City | Median Salary | Hourly Rate | Entry Level (P10) | Senior (P90) | Employment |
|---|---|---|---|---|---|
| Minneapolis, MN | $102,935 | $49.49/hr | $67,494 | $151,156 | 84 |
Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).
Minnesota vs National Average
Business Professor Salary Comparison
Employment in Minnesota
There are approximately 84 Business Professors employed across 1 metro area in Minnesota.
Key Industries: Healthcare, Finance, Manufacturing
State Income Tax: 5.35% - 9.85%
Business Professor Salary Range in Minnesota
Entry Level (10th Percentile)
$67,494
Starting salary for new Business Professors
Median (50th Percentile)
$102,935
Mid-career Business Professor salary
Senior (90th Percentile)
$151,156
Top earners in the field
Related Occupations in Minnesota
Instructional Coordinator
$78,158
avg in MN
-$24,777 vs Business Professor
Special Education Teacher
$70,064
avg in MN
-$32,871 vs Business Professor
Secondary School Teacher
$68,245
avg in MN
-$34,690 vs Business Professor
Elementary School Teacher
$63,801
avg in MN
-$39,134 vs Business Professor
Preschool Teacher
$39,552
avg in MN
-$63,383 vs Business Professor
Business Professor Salary in Neighboring States
Compare Business Professor salaries in Minnesota with nearby states to find the best opportunities.
More Business Professor Data
More Minnesota Data
Frequently Asked Questions
What is the average Business Professor salary in Minnesota?
The average Business Professor salary in Minnesota is $102,935 per year ($49.49/hour) based on 2026 data across 1 metro areas. This is 0.5% above the national average of $102,420.
What is the highest paying city for Business Professors in Minnesota?
Minneapolis, MN is the highest paying city for Business Professors in Minnesota, with a median salary of $102,935 per year.
What is the salary range for Business Professors in Minnesota?
Business Professor salaries in Minnesota range from $67,494 (entry-level, 10th percentile) to $151,156 (experienced, 90th percentile). The median salary is $102,935 per year.
About This Data
Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. State-level averages are calculated from metro area data within Minnesota. Figures represent 2026 estimates and may not reflect all employers or self-employed workers. Cost of living adjustments use regional indices to provide purchasing power context.