Product Manager Salary in Minneapolis, Minnesota

Minneapolis has a presence of tech, healthcare, and retail companies such as Target and UnitedHealth. Product managers in Minneapolis have salaries that differ from those in other Minnesota cities. Cost of living and urban amenities are factors considered in compensation.

Salary by experience level

Entry-level (0-2 years)

Salary range (per year)

$79,000 to $97,000

Average (per year)

$87,000

Entry-level managers work in Minneapolis, which is home to tech and finance firms.

Mid-level (3-5 years)

Salary range (per year)

$97,000 to $120,000

Average (per year)

$106,000

Mid-level roles are found at Fortune 500 headquarters and large startups in Minneapolis.

Senior (6-9 years)

Salary range (per year)

$120,000 to $142,000

Average (per year)

$131,000

Senior managers lead teams in established companies in Minneapolis.

Principal/Lead (10+ years)

Salary range (per year)

$142,000+

Principal product managers work for employers in technology, health, and retail in Minneapolis.

Hourly Rates

For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.

Junior

$38 - $46

per hour

Mid-level

$46 - $56

per hour

Senior

$56 - $67

per hour