How much does a Product Manager make in Minnetonka, MN?
In Minnetonka, MN, a Product Manager earns a solid income. The average yearly salary for this role stands at approximately $128,431. This figure provides a good benchmark for professionals in the area.
The salary distribution shows how pay varies among Product Managers. A significant percentage of these professionals earn between $90,618 and $135,141 per year. More specifically, 26.21% of Product Managers earn within this range. It's also worth noting that the highest earners, making $135,141 and above, make up 19.66% of the workforce.
What are the highest paying cities for a Product Manager near Minnetonka, MN?

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Maple Grove, MN
Average Salary: $146,204
In Maple Grove, MN, professionals in product roles can find rewarding opportunities with companies like Cargill and UnitedHealth Group. These roles offer a blend of strategy and execution, focusing on market trends and customer needs to drive product success.
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Wayzata, MN
Average Salary: $145,809
Wayzata, MN, is home to thriving product teams at firms such as Target and Thrivent Financial. Here, product managers work closely with cross-functional teams to enhance product features and customer experiences, ensuring alignment with company goals.
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Brooklyn Park, MN
Average Salary: $142,366
Brooklyn Park, MN, attracts product managers with its dynamic environment at companies like Hormel Foods and General Mills. These roles offer innovative challenges and the chance to influence product strategy and development.
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Golden Valley, MN
Average Salary: $139,807
Golden Valley, MN, is known for its strong product management scene, with companies like 3M and General Mills offering excellent career opportunities. Professionals here play a key role in product lifecycle, from idea to launch.
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Plymouth, MN
Average Salary: $137,558
Plymouth, MN, features a robust job market for product professionals, with organizations like Cargill and UnitedHealth Group leading the way. These roles demand strategic thinking and a deep understanding of market dynamics.
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Eden Prairie, MN
Average Salary: $135,008
Eden Prairie, MN, offers a favorable environment for product managers with its tech-savvy companies like Ceridian and Principal Financial Group. These positions emphasize innovation and customer-centric product development.
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Burnsville, MN
Average Salary: $130,700
Burnsville, MN, is a great place for those in product roles, with opportunities at companies such as Hormel Foods and Thrivent Financial. These roles provide the chance to make a significant impact on product strategies and outcomes.
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Hopkins, MN
Average Salary: $129,285
Hopkins, MN, is known for its collaborative product management roles, particularly at companies like Target and Thrivent Financial. Here, professionals work to align product visions with business objectives, driving success.
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Anoka, MN
Average Salary: $128,254
Anoka, MN, offers a supportive environment for product managers, with companies like General Mills and Hormel Foods providing excellent career prospects. These roles require a keen insight into market trends and customer feedback.
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Lakeville, MN
Average Salary: $123,138
Lakeville, MN, features a diverse job market for product professionals, with companies like Cargill and UnitedHealth Group offering exciting opportunities. These roles emphasize the importance of strategic planning and execution in product management.
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What are the best paying companies for a Product Manager in Minnetonka, MN?

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UnitedHealthcare
Average Salary: $138,961
UnitedHealthcare is a leading health insurance company based in Minnetonka, MN. They offer a variety of health benefits and are one of the largest employers in the state. Product Managers here work on developing innovative health care solutions that improve patient outcomes and efficiency.
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Optum
Average Salary: $136,117
Optum is a health services and innovation company with offices in Minnetonka, MN. They focus on helping people live healthier lives and improving the health system for everyone. Product Managers at Optum are involved in creating and managing health care products that enhance patient care and operational efficiency.
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Huntington National Bank
Average Salary: $127,357
Huntington National Bank, headquartered in Columbus, Ohio, operates multiple branches in Minnetonka, MN. The bank offers a range of financial services including personal and business banking, lending, and wealth management. Product Managers here work on financial products and services that meet the needs of their customers.
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AtriCure, Inc.
Average Salary: $119,117
AtriCure, Inc. is a medical device company based in West Chester, Ohio, with a presence in Minnetonka, MN. They specialize in innovative treatments for heart surgery. Product Managers at AtriCure focus on developing medical devices that provide better outcomes for patients and ease of use for medical professionals.
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Medica
Average Salary: $115,150
Medica is a health insurance company based in Minneapolis, MN, with locations in Minnetonka. They provide a range of health insurance products and services. Product Managers at Medica work on creating health insurance plans that meet the needs of their clients, ensuring quality and affordability.
What are the best paying Product Manager related jobs in Minnetonka, MN?

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Strategist
Average Salary: $146,544
Strategists work on creating and implementing plans to achieve company goals. In Minnetonka, roles like this exist at companies such as Target and UnitedHealth Group. They collaborate with various teams to ensure successful product launches.
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Sales Director
Average Salary: $138,457
Sales Directors lead sales teams to meet targets. In the Twin Cities, companies such as 3M and Cargill have openings. They develop sales strategies and mentor their teams to drive revenue growth.
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Portfolio Manager
Average Salary: $109,904
Portfolio Managers oversee a collection of investments. Local financial firms like Ameriprise Financial and U.S. Bank offer roles. They analyze market trends and manage client portfolios to optimize returns.
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Regional Manager
Average Salary: $109,185
Regional Managers oversee operations across multiple locations. Companies in Minnetonka, like Best Buy and Ecolab, hire for these roles. They ensure the region meets its business objectives and coordinate with local teams.
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Business Analyst
Average Salary: $108,997
Business Analysts study company operations to improve efficiency. At companies like Medtronic and General Mills, they identify areas for improvement and present data-driven solutions to management.
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Marketing Manager
Average Salary: $96,337
Marketing Managers develop and implement marketing strategies. Companies like Hormel Foods and Thrivent Financial seek these professionals. They oversee campaigns to boost brand awareness and drive customer engagement.
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Business Developer
Average Salary: $88,840
Business Developers seek new opportunities for growth. Firms like CHS Inc. and Cargill have positions in Minnetonka. They identify potential markets and partnerships to expand the company’s reach.
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Customer Success Manager
Average Salary: $87,076
Customer Success Managers ensure clients achieve their goals with the company's products. Local businesses like UnitedHealth Group and 3M hire for these roles. They build relationships and provide support to enhance client satisfaction.
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Sales Manager
Average Salary: $84,467
Sales Managers lead teams to meet sales targets. Companies like Target and Ecolab offer these roles. They develop sales strategies and coach their teams to achieve business objectives.
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Pricing Analyst
Average Salary: $74,967
Pricing Analysts determine product pricing strategies. Firms such as Best Buy and Cargill hire for these positions. They analyze market data and provide recommendations to maximize profitability.
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