SalaryFact logosalaryfact.comData: BLS OEWS 2024

Minnesota Salary Percentile
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Minnesota has a progressive state income tax with a top rate of 9.85% and one of the most robust social safety nets in the country. The Minneapolis-St. Paul metro is a major corporate hub with Target, UnitedHealth Group, 3M, and dozens of Fortune 500 companies.

Enter your gross annual salary (pre-tax). Hourly workers: multiply hourly rate by 2,080.

Minnesota salary percentiles — 2024

PercentileMinnesotaNational
10th$16K$15K
25th$28K$26K
50th (median)median$64K$59K
75th$105K$97K
90th$157K$145K
95th$217K$200K
99th$380K$350K

State figures derived from BLS OEWS 2024 state median. National figures from BLS national percentile data.

Key insight

Minnesota has high income taxes but also high wages. The state median of $64K is 8% above the national median, and Minneapolis' concentration of Fortune 500 companies drives above-average professional salaries.

Minnesota salary — frequently asked questions

What is the median salary in Minnesota?

The median annual salary in Minnesota is approximately $64K based on 2024 BLS data, above the national median. The Minneapolis-St. Paul metro dominates — Target, UnitedHealth, Medtronic, 3M, and US Bancorp create a dense cluster of high-paying corporate jobs.

What is a good salary in Minneapolis?

In Minneapolis, $70,000-$80,000 provides comfortable single living. Minneapolis has a lower cost of living than coastal metros but higher than many Midwest cities. The city's high concentration of large employers maintains wage levels well above the national median for professional roles.

How much income tax do you pay in Minnesota?

Minnesota has one of the most progressive state income tax structures in the US. The rate starts at 5.35% and rises to 9.85% on income above $183,340 for single filers (2024). This is among the highest state marginal rates nationally, which is a factor for high earners considering relocation.

What industries pay the most in Minnesota?

Healthcare (led by Mayo Clinic and UnitedHealth Group, the largest US health insurer), medical devices (Medtronic), retail and supply chain (Target), financial services (US Bancorp), and technology are Minnesota's highest-paying industries. These sectors collectively employ a significant portion of Minnesota's above-median earners.

Salary percentiles by state