Product Manager Salary in Minnesota, United States
Minnesota's Twin Cities push a median mid‑level product manager salary to $93,750 a year. Some companies, including Target and Medtronic, seek experienced leaders.
Salary by experience level
Entry-level (0-2 years)
Salary range (per year)
$68,000 to $84,000
Average (per year)
$76,250
Entry-level product managers have starting salaries.
Mid-level (3-5 years)
Salary range (per year)
$84,000 to $104,500
Average (per year)
$93,750
Salaries increase for mid-level roles as experience brings more responsibility.
Senior (6-9 years)
Salary range (per year)
$104,500 to $124,500
Average (per year)
$115,000
Senior managers command higher pay, largely at regional manufacturing or healthcare firms.
Principal/Lead (10+ years)
Salary range (per year)
$126,000+
Principal roles are available at larger employers with regional headquarters.
Hourly Rates
For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.
Junior
$34 - $42
per hour
Mid-level
$42 - $52
per hour
Senior
$53 - $65
per hour
Nationally, mid‑level product managers earn around $105,000, so Minnesota sits modestly below that benchmark. The cost of living impacts everyday expenses.