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What is the average salary in Minneapolis, MN?

The average salary in Minneapolis, MN is $80,788 per year.

Minneapolis offers a range of salary opportunities for job seekers. The average yearly salary in the area is $80,788. This makes it a competitive place for various career paths. People can expect to earn well across different industries.


Job seekers will find that salaries vary based on experience and industry. Key industries include healthcare, education, and technology. For example, the top 10% of earners make over $148,182 per year. This shows there are good opportunities for those in high-demand roles. Others can find positions that match their skills and experience level.

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What are the best paying jobs in Minneapolis, MN?

Job seekers in Minneapolis, MN, can look forward to a range of top-paying opportunities. Among the best paying jobs are positions like Physicians, Certified Registered Nurse Anesthetists, and General Dentists. These roles offer competitive salaries and provide a chance for rewarding careers. Additionally, General Counsel, Principal Engineers, and Business Directors are also among the highest-paying jobs in the area. These positions demand specialized skills and experience, but they come with attractive compensation packages. Minneapolis offers a variety of high-paying careers that can lead to both professional growth and financial stability.
Graph displaying best paying job salaries in Minneapolis, MN, highlighting Physician with the highest at $285,933 and Nurse Practitioner with the lowest at $157,391.
  1. Physician
    Average Salary: $285,933
    Helping patients in clinics and hospitals, physicians diagnose illnesses and injuries. Minneapolis offers a range of opportunities with major health systems like the Mayo Clinic. They treat patients, manage medical records, and ensure the best patient care.
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  2. Certified Registered Nurse Anesthetist
    Average Salary: $283,909
    These professionals work with doctors to provide anesthesia and monitor patients during surgery. Minneapolis hospitals such as the University of Minnesota Medical Center employ them. They need strong teamwork and attention to detail.
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  3. General Dentist
    Average Salary: $233,828
    They diagnose and treat dental issues, providing care for oral health. Dentists in Minneapolis work in private practices or larger dental firms. They need to educate patients on dental hygiene and work with a dental team.
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  4. General Counsel
    Average Salary: $188,596
    Offering legal advice, general counsel work for companies and organizations. Minneapolis has many law firms where they offer guidance on contracts, compliance, and legal matters. They need to be strategic thinkers with excellent communication skills.
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  5. Principal Engineer
    Average Salary: $171,050
    Leading engineering projects, they ensure that designs meet quality and safety standards. In Minneapolis, tech companies like 3M employ these experts. They need to manage teams and solve complex engineering problems.
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  6. Business Director
    Average Salary: $166,713
    They oversee business operations and strategy. Minneapolis businesses need directors to drive growth and efficiency. They need excellent leadership skills and a good understanding of market trends.
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  7. Audit Manager
    Average Salary: $165,420
    Ensuring financial accuracy, audit managers lead teams to review financial records. They work for accounting firms in Minneapolis, ensuring companies comply with regulations. They need keen attention to detail and strong analytical skills.
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  8. Enterprise Architect
    Average Salary: $160,082
    Designing IT strategies, they ensure systems align with business goals. Minneapolis tech firms need architects to plan and implement IT solutions. They need to understand both technology and business needs.
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  9. Solutions Architect
    Average Salary: $159,198
    They design solutions that meet business needs. Minneapolis tech companies hire them to create software and IT systems. They need strong technical skills and the ability to communicate with non-technical teams.
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  10. Nurse Practitioner
    Average Salary: $157,391
    They provide primary and specialty care, often working in clinics. Nurse practitioners in Minneapolis work closely with doctors to ensure patients receive comprehensive care. They need excellent patient care skills and the ability to work in a team.
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What are the best paying jobs in Minneapolis, MN without a degree?

Minneapolis offers many top-paying jobs that do not require a college degree. An Equipment Manager can earn about $107,563 annually. This role involves overseeing and maintaining equipment in various industries. Several other high-paying jobs also exist without needing a degree. For instance, a Drain Cleaner earns around $71,750 per year. Concrete Finishers and Public Works Operators also enjoy good salaries. These positions allow people to earn well while gaining valuable experience.
Graph displaying best paying job salaries in Minneapolis, MN without a degree, highlighting Equipment Manager with the highest at $107,563 and Lawn Care Technician with the lowest at $45,791.
  1. Equipment Manager
    Average Salary: $107,563
    Oversee maintenance and repair of machinery. Work for companies in manufacturing and construction. Gain experience in equipment troubleshooting and team leadership.
    Find Equipment Manager jobs in Minneapolis, MN


  2. Drain Cleaner
    Average Salary: $71,750
    Clear blockages in plumbing and drainage systems. Employ skills in plumbing and problem-solving. Work with residential and commercial clients.
    Find Drain Cleaner jobs in Minneapolis, MN


  3. Concrete Finisher
    Average Salary: $68,316
    Smooth and level concrete surfaces. Work for construction firms. Learn about concrete pouring and finishing techniques.
    Find Concrete Finisher jobs in Minneapolis, MN


  4. Canvasser
    Average Salary: $64,861
    Distribute promotional materials and gather feedback. Work for marketing firms and political campaigns. Develop skills in communication and data collection.
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  5. Float Operator
    Average Salary: $64,357
    Operate machines that smooth concrete floors. Work in construction and road building. Learn about concrete finishing and machinery operation.
    Find Float Operator jobs in Minneapolis, MN


  6. Public Works Operator
    Average Salary: $54,038
    Maintain public infrastructure like streets and parks. Work for government agencies. Gain experience in maintenance and equipment operation.
    Find Public Works Operator jobs in Minneapolis, MN


  7. Loader
    Average Salary: $51,261
    Load and unload materials for construction and shipping. Work for logistics and construction companies. Develop skills in handling heavy materials and operating machinery.
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  8. Restaurant Manager
    Average Salary: $51,059
    Manage daily operations and staff in a restaurant. Work for hotel chains and independent eateries. Learn about customer service and business management.
    Find Restaurant Manager jobs in Minneapolis, MN


  9. Kitchen Manager
    Average Salary: $48,796
    Oversee kitchen staff and food preparation. Work in hotels and restaurants. Gain skills in inventory management and culinary operations.
    Find Kitchen Manager jobs in Minneapolis, MN


  10. Lawn Care Technician
    Average Salary: $45,791
    Maintain landscapes and gardens. Work for landscaping firms and homeowners. Learn about plant care and outdoor maintenance.
    Find Lawn Care Technician jobs in Minneapolis, MN

Which companies offer the top salaries in Minneapolis, MN?

Job seekers in Minneapolis, MN, have several great options when looking for high-paying companies. Vohra Wound Physicians offers the highest average salary at $292,778. PwC follows closely behind with an average salary of $177,728. These companies provide competitive compensation packages and attractive benefits, making them attractive choices for professionals. Other top-paying firms in Minneapolis include Amazon Web Services and Amazon.com, both offering over $160,000 in average salary. Accenture and Faegre Drinker Biddle & Reath LLP also stand out with average salaries around $165,000. Companies like HNTB Corporation, LifeStance Health, Deloitte, and KPMG also provide salaries over $140,000 on average, showcasing a range of opportunities for those seeking well-paying jobs in the area.
Graph displaying company salaries in Minneapolis, MN, highlighting Vohra Wound Physicians with the highest at $292,778 and KPMG with the lowest at $147,905.
  1. Vohra Wound Physicians
    Average Salary: $292,778
    Vohra Wound Physicians is a leader in wound care. They have a team of experts who provide top-notch treatment. Their commitment to care makes them a great employer.


  2. PwC
    Average Salary: $177,728
    PwC is a global leader in professional services. They offer accounting, tax, and consulting. Their work helps businesses grow and succeed.


  3. Amazon Web Services
    Average Salary: $173,113
    Amazon Web Services leads in cloud computing. They offer scalable and reliable services. Companies worldwide trust AWS for their tech needs.


  4. Amazon.com
    Average Salary: $166,882
    Amazon is a retail giant. They offer a wide range of products online. Their customer-focused approach makes them a great place to work.


  5. Accenture
    Average Salary: $164,946
    Accenture is a consulting firm. They help businesses with strategy, tech, and operations. Their global presence offers many opportunities.


  6. Faegre Drinker Biddle & Reath LLP
    Average Salary: $164,761
    Faegre Drinker is a top law firm. They offer legal services to businesses and individuals. Their expertise makes them a respected name in the field.


  7. HNTB Corporation
    Average Salary: $154,229
    HNTB is a design and engineering firm. They work on infrastructure projects. Their work helps build and improve communities.


  8. LifeStance Health
    Average Salary: $154,017
    LifeStance provides mental health services. They have a team of professionals dedicated to patient care. Their work is vital for community health.


  9. Deloitte
    Average Salary: $153,767
    Deloitte is a leader in professional services. They offer auditing, tax, and consulting. Their global reach offers many career opportunities.


  10. KPMG
    Average Salary: $147,905
    KPMG is a top accounting firm. They offer auditing, tax, and advisory services. Their commitment to excellence makes them a top employer.

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

Minneapolis, MN, offers a favorable cost of living when compared to the nationwide average. The city's cost of living index stands at 98, which is 2% below the national average of 100. Specifically, the housing index in Minneapolis is 95, making it 5% more affordable than the average. In addition, groceries cost 105% of the national average, slightly higher but manageable. Utilities at 98% are near the average, while transportation costs match the national average at 100%. Healthcare expenses are notably lower at 90%, which is 10% below the national average. Miscellaneous costs at 102% are slightly above the average. Overall, Minneapolis provides a balanced living experience with minor variations in specific expense categories.
Cost of living comparison graph for Minneapolis, MN vs. Nationwide: housing 5% lower, groceries 5% higher, utilities 2% lower, transportation 0% lower, healthcare 10% lower, miscellaneous 2% higher.

Minneapolis, MN, offers a cost of living that is relatively comparable to the nationwide average. When examining individual categories, housing in Minneapolis stands at an index of 95, indicating that it costs 5% less than the national average. This makes housing more affordable, which can be an attractive factor for many job seekers considering relocation to Minneapolis.


Other areas like groceries and utilities show minor variations, with groceries at 105 and utilities at 98. This means groceries are about 5% more expensive, while utilities are 2% cheaper compared to the national average. Healthcare costs are notably lower, with an index of 90, suggesting savings of 10% for healthcare expenses. Miscellaneous costs, such as entertainment and personal care, hover around the national average at 102, reflecting only a slight increase. Overall, Minneapolis provides a balanced living experience with some areas being less expensive and others slightly more, making it a practical choice for those looking to manage living costs effectively.

There are 5,246 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
5,246 Job Openings