Technology Minnesota (MN) Rank #19 of 50

Product Manager Salary in Minnesota

The median product manager salary in Minnesota is $121,000 per year, which is 0.0% above the national median of $121,000.

Median Salary
$121,000
vs National
+$0
State Rank
#19 of 50
Cost of Living
97%

Product Manager Salary Overview in Minnesota (2026)

Minnesota ranks #19 out of 50 states for product manager compensation. Minnesota falls in the middle of the pack for product manager pay, offering salaries near the national average. At $121,000 per year, product managers in Minnesota earn $0 more than the national median of $121,000.

Minnesota's cost of living is near the national average at 97%, meaning product manager salaries here translate closely to their face value in purchasing power.

The salary spread in Minnesota is significant: product managers at the 10th percentile earn $72,000, while those at the 90th percentile bring home $192,000 — a $120,000 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Minnesota for this role is Minneapolis, where the median reaches $130,680.

Nationally, product manager employment is projected to grow 10% over the next decade (faster than average). This steady growth indicates stable demand for product managers across the country.

Product Manager Salary in Minnesota by Experience

In Minnesota, an entry-level product manager earns around $75,000, while experienced professionals earn up to $175,000 per year. The cost of living index in Minnesota is 97% of the national average.

Entry Level (0-2 yrs)
$75,000
+$0 vs national
Mid Level (3-7 yrs)
$122,000
+$0 vs national
Senior Level (8+ yrs)
$175,000
+$0 vs national

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Salary Percentiles in Minnesota

Percentile MN Salary
10th Percentile $72,000
25th Percentile $95,000
Median (50th) $121,000
75th Percentile $155,000
90th Percentile $192,000

Product Manager Salary by City in Minnesota

The largest employment areas for product managers in Minnesota include Minneapolis, Saint Paul, Rochester, and Duluth. Salaries vary by city based on local cost of living and demand.

How to Become a Product Manager in Minnesota

Education

Most product manager positions require a bachelor's degree. Minnesota has several accredited institutions offering relevant programs.

Key Skills

Product StrategyAgile/ScrumData AnalysisStakeholder ManagementRoadmappingUser Research

Job Outlook in Minnesota

Nationally, product manager employment is projected to grow 10% over the next decade (faster than average). Minnesota's demand may vary based on local industry trends.

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Frequently Asked Questions: Product Manager Salary in Minnesota

How much does a Product Manager make in Minnesota? ▼
The median product manager salary in Minnesota is $121,000 per year, which is 0.0% above the national median of $121,000. Salaries range from $72,000 (10th percentile) to $192,000 (90th percentile).
How much does a Product Manager make per hour in Minnesota? ▼
Based on the median annual salary of $121,000, a product manager in Minnesota earns approximately $58 per hour assuming a standard 2,080-hour work year.
Is Minnesota a good state for product managers? ▼
Minnesota ranks #19 out of 50 states for product manager pay. The cost of living index is 97% of the national average. Entry-level product managers earn $75,000, while senior professionals earn $175,000.
How does Minnesota compare to other states for product manager salary? ▼
The highest paying state for product managers is Hawaii at $199,650. Minnesota's median of $121,000 ranks #19 nationally. Nearby-ranked states include Florida ($121,000) and Illinois ($121,000).
What is the entry-level product manager salary in Minnesota? ▼
An entry-level product manager in Minnesota earns approximately $75,000 per year. With 3-7 years of experience, pay increases to around $122,000. Senior-level professionals with 8+ years earn up to $175,000.
What city in Minnesota pays product managers the most? ▼
Minneapolis is the highest paying city in Minnesota for product managers, with a median salary of $130,680. Other cities include Saint Paul and Rochester.