Minneapolis Metro Area Pay Trends

Updated

Minneapolis-St. Paul, also known as the Twin Cities, is the third largest metropolitan area in the Midwest. Manufacturing and commerce contribute most to the Minneapolis economy. The main areas of manufacturing include electronics, medical equipment, and machinery.

Wage Growth for Minneapolis Metro Area, Q4 2024

0.5%
since last quarter
3.7%
year over year
37.1%
since 2006
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Methodology for The Payscale Index: Trends in Compensation

The Payscale Index tracks quarterly changes in total cash compensation for full-time, private industry employees and education professionals in the United States. In addition to a national index, it includes separate indices for specific industries, metropolitan areas, job categories, and company sizes. The Payscale Index uses 2006 average total cash compensation as a baseline.

See full methodology for compensation trend reports.

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