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What is the average salary in Minneapolis, MN?

The average salary in Minneapolis, MN is $80,132 per year.

Minneapolis offers a robust job market with competitive salaries across various industries. Job seekers can expect a positive work environment with promising earning potential. The city supports a diverse range of sectors, from technology to healthcare, each offering unique salary opportunities.


The average yearly salary in Minneapolis is $80,132. Various industries contribute to these earning potentials. Some notable industries include information technology, healthcare, finance, and retail. Here are the salary brackets for some of the top sectors:

  • Information Technology: $65,464
  • Healthcare: $49,182
  • Finance: $81,745
  • Retail: $32,900
Job seekers can explore these sectors for better career opportunities and higher earnings.

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What are the best paying jobs in Minneapolis, MN?

Minneapolis offers a range of high-paying job opportunities for skilled professionals. Physicians earn top salaries, with an average of nearly $292,000 annually. Other well-paying jobs include Certified Registered Nurse Anesthetists and General Dentists, both earning over $200,000 a year. Additionally, roles like Counsel, General Counsel, and Audit Managers also provide lucrative compensation packages, averaging over $158,000 annually. These positions require specialized skills and education, making them attractive to job seekers looking for a rewarding career in Minneapolis.
Graph displaying best paying job salaries in Minneapolis, MN, highlighting Physician with the highest at $291,690 and Solution Architect with the lowest at $158,366.
  1. Physician
    Average Salary: $291,690
    Physicians diagnose and treat health conditions. They work in hospitals, clinics, and private practices. Leading healthcare providers in the area include Mayo Clinic and HealthPartners.
    Find Physician jobs in Minneapolis, MN


  2. Certified Registered Nurse Anesthetist
    Average Salary: $282,283
    These professionals administer anesthesia for patients. They work closely with surgeons and anesthesiologists. Major employers in the region are the University of Minnesota Medical Center and Fairview Health Services.
    Find Certified Registered Nurse Anesthetist jobs in Minneapolis, MN


  3. General Dentist
    Average Salary: $225,348
    Dentists provide oral care services. They examine patients, diagnose dental issues, and perform treatments. Popular practices include Park Nicollet and Dental Associates.
    Find General Dentist jobs in Minneapolis, MN


  4. Counsel
    Average Salary: $192,804
    Counselors offer guidance and support to clients. They work with individuals, families, and groups. Some key employers include Allina Health and the Minneapolis Public Schools.
    Find Counsel jobs in Minneapolis, MN


  5. General Counsel
    Average Salary: $179,330
    General Counsel provides legal advice to organizations. They handle a range of legal matters. Notable companies seeking legal expertise include Target and 3M.
    Find General Counsel jobs in Minneapolis, MN


  6. Audit Manager
    Average Salary: $166,421
    Audit Managers oversee financial audits. They ensure compliance with regulations. Companies like Deloitte and KPMG often hire for this role.
    Find Audit Manager jobs in Minneapolis, MN


  7. Enterprise Architect
    Average Salary: $162,433
    Enterprise Architects design IT systems. They ensure technology aligns with business goals. Companies in need of these skills include Ameriprise Financial and UnitedHealth Group.
    Find Enterprise Architect jobs in Minneapolis, MN


  8. Investment Banker
    Average Salary: $159,948
    Investment Bankers advise on financial transactions. They work with businesses and institutions. Key firms include Wells Fargo and U.S. Bank.
    Find Investment Banker jobs in Minneapolis, MN


  9. Actuary
    Average Salary: $159,892
    Actuaries analyze financial risks. They use math and statistics to predict future outcomes. Major employers in the field include Principal Financial Group and Northwestern Mutual.
    Find Actuary jobs in Minneapolis, MN


  10. Solution Architect
    Average Salary: $158,366
    Solution Architects design and implement IT solutions. They work with stakeholders to meet business needs. Leading employers in the area include IBM and Accenture.
    Find Solution Architect jobs in Minneapolis, MN

What are the best paying jobs in Minneapolis, MN without a degree?

Minneapolis offers several high-paying jobs that do not require a college degree. Equipment Managers lead the list with an impressive average salary of $110,019. Other well-paying roles include Concrete Finishers, Float Operators, and Canvassers, which offer average salaries of $71,235, $62,242, and $59,248, respectively. These positions demand specific skills and expertise, providing opportunities for individuals to earn a good living without needing a degree. Roles like Irrigation Technician, Public Works Operator, and Loader also provide solid compensation, ranging from $54,243 to $50,521. Additionally, Lawn Care Technicians, Landscapers, and Floor Techs make between $46,319 and $42,646 annually, showcasing a variety of career paths for those looking to thrive without a degree.
Graph displaying best paying job salaries in Minneapolis, MN without a degree, highlighting Equipment Manager with the highest at $110,019 and Floor Tech with the lowest at $42,646.
  1. Equipment Manager
    Average Salary: $110,019
    Manages equipment and ensures they are well-maintained and ready for use. Works in various industries, often in construction or logistics firms. Companies in Minneapolis value skilled equipment managers.
    Find Equipment Manager jobs in Minneapolis, MN


  2. Concrete Finisher
    Average Salary: $71,235
    Prepares and finishes concrete surfaces. Often work on residential and commercial projects. This role requires attention to detail and physical endurance.
    Find Concrete Finisher jobs in Minneapolis, MN


  3. Float Operator
    Average Salary: $62,242
    Operates machines to level out concrete surfaces. This role requires some training in machinery use. It is a critical part of many construction projects.
    Find Float Operator jobs in Minneapolis, MN


  4. Canvasser
    Average Salary: $59,248
    Collects payments, information, or survey responses from the public. Works for various companies and government agencies. It involves direct interaction with people.
    Find Canvasser jobs in Minneapolis, MN


  5. Irrigation Technician
    Average Salary: $54,243
    Installs and maintains irrigation systems. Works in landscaping companies, parks, and athletic fields. It requires a good understanding of water systems.
    Find Irrigation Technician jobs in Minneapolis, MN


  6. Public Works Operator
    Average Salary: $53,445
    Operates and maintains public infrastructure, such as water treatment plants and wastewater systems. Works for government agencies. Requires safety and technical skills.
    Find Public Works Operator jobs in Minneapolis, MN


  7. Loader
    Average Salary: $50,521
    Loads and unloads materials from trucks and ships. Often work in logistics and transportation companies. This role requires physical strength and attention to safety.
    Find Loader jobs in Minneapolis, MN


  8. Lawn Care Technician
    Average Salary: $46,319
    Maintains lawns through mowing, trimming, and planting. Works for landscaping companies and private homeowners. Requires knowledge of plants and gardening.
    Find Lawn Care Technician jobs in Minneapolis, MN


  9. Landscaper
    Average Salary: $43,576
    Creates and maintains landscapes, including gardens and outdoor spaces. Works for landscaping companies. Requires creativity and knowledge of plants.
    Find Landscaper jobs in Minneapolis, MN


  10. Floor Tech
    Average Salary: $42,646
    Installs, repairs, and maintains flooring. Works in various settings, including commercial and residential properties. Requires skills in carpentry and finishing.
    Find Floor Tech jobs in Minneapolis, MN

Which companies offer the top salaries in Minneapolis, MN?

Job seekers looking for high-paying opportunities in Minneapolis should consider companies like PwC and Amazon Web Services (AWS). These firms offer top-tier salaries, with PwC averaging $177,856 and AWS at $175,012 per year. This makes them attractive choices for those aiming to maximize their earning potential in the area. Other notable companies include Faegre Drinker, Amazon, and Inspire Medical Systems, all of which offer competitive salaries ranging from $168,393 to $156,453 annually. These companies provide robust compensation packages that can make a significant difference in career earnings.
Graph displaying company salaries in Minneapolis, MN, highlighting PwC with the highest at $177,856 and Medtronic with the lowest at $142,091.
  1. PwC
    Average Salary: $177,856
    PwC is a global leader in professional services. They offer consulting, assurance, and tax services. Many employees enjoy opportunities for growth and development.


  2. Amazon Web Services (AWS)
    Average Salary: $175,012
    AWS, part of Amazon, provides cloud computing services. It is a top employer for tech talent. Employees work on cutting-edge projects in a fast-paced environment.


  3. Faegre Drinker
    Average Salary: $168,393
    Faegre Drinker is a well-known law firm. They offer legal services to businesses and individuals. Their employees value the firm's commitment to client service and professional growth.


  4. Amazon
    Average Salary: $165,631
    Amazon is a global e-commerce giant. It offers a wide range of jobs, from tech roles to logistics. The company is known for its innovative culture and employee benefits.


  5. Inspire Medical Systems
    Average Salary: $156,453
    Inspire Medical Systems develops medical technology. They focus on treatments for sleep apnea. Employees enjoy working on meaningful projects that improve lives.


  6. Deloitte
    Average Salary: $155,203
    Deloitte is a multinational consulting firm. They offer services in audit, tax, and advisory. Employees often appreciate the firm's culture of collaboration and innovation.


  7. HNTB
    Average Salary: $153,932
    HNTB is a global architecture and engineering firm. They work on transportation and infrastructure projects. Employees enjoy working on large-scale projects and contributing to public services.


  8. LifeStance Health
    Average Salary: $147,398
    LifeStance Health provides mental health services. They offer a range of treatment options. Employees value the chance to make a positive impact on people's lives.


  9. Wells Fargo
    Average Salary: $142,405
    Wells Fargo is a leading financial services company. They offer banking and investment services. Employees often appreciate the company's focus on customer service and community involvement.


  10. Medtronic
    Average Salary: $142,091
    Medtronic is a medical technology company. They develop innovative healthcare solutions. Employees are passionate about improving patient outcomes through technology.

How does the cost of living in Minneapolis, MN compare to the national average?

Minneapolis, MN, shows a higher cost of living in several key areas compared to the nationwide average. Housing costs are 15% above the national average, while groceries and miscellaneous costs are just 1% and 2% higher, respectively. Utilities and transportation are slightly below the average, at 2% and 5% lower, respectively. Healthcare costs are in line with the national average. Minneapolis residents experience a mix of higher and lower expenses compared to the national average. Higher housing costs can significantly impact budgets, while groceries and miscellaneous expenses remain relatively close to the average. Utilities and transportation, however, offer some relief with costs below the national average. Understanding these differences helps job seekers make informed decisions about relocating to Minneapolis.
Cost of living comparison graph for Minneapolis, MN vs. Nationwide: housing 15% higher, groceries 1% higher, utilities 2% lower, transportation 5% lower, healthcare 0% lower, miscellaneous 2% higher.

The cost of living in Minneapolis, MN, reveals a few interesting points when compared to the nationwide average. Housing costs are notably higher in Minneapolis, with an index of 115, meaning they are 15% above the national average. This suggests that finding a place to live in Minneapolis can be more expensive than in many other places across the country. For job seekers considering the city, this higher housing cost will be a significant factor to weigh.


Other areas, however, show a different story. Groceries, utilities, and miscellaneous costs are close to the national average. Groceries have a cost of living index of 101, just 1% above average, while utilities stand at 98, which is 2% below the national average. Miscellaneous expenses have a slight increase at 102, which is 2% higher. Transportation costs in Minneapolis are at 95, which is 5% below the national average, providing some relief in overall living expenses. Healthcare costs remain in line with the national average at 100. This mix of costs shows that while housing is a major expense, other areas of living may be more affordable.

There are 5,430 job openings in Minneapolis, MN, today!

Take a deeper dive into the job market in Minneapolis, MN

Discover what it's like to work in Minneapolis, MN. Learn if you need a car, explore popular employers, the job market, and the best neighborhoods to live in.
City
Overview
Minneapolis, MN
5,430 Job Openings