Business Professor (Postsecondary) Salary in Minneapolis, MN
2024 BLS OEWS Data · Education · COL Index: 106.2
$99,250
Median Salary
$123,810
Mean Salary
$93,456
COL-Adjusted
610
Employment
Salary Distribution
Percentile Breakdown
| Percentile | Salary | COL-Adjusted |
|---|---|---|
| 10th Percentile (Entry Level) | $61,060 | $57,495 |
| 25th Percentile | $73,390 | $69,105 |
| 50th Percentile (Median) | $99,250 | $93,456 |
| 75th Percentile | $168,700 | $158,851 |
| 90th Percentile (Top Earners) | $258,985 | $243,865 |
What Drives the Range
The $197,925 spread between the 10th and 90th percentiles for Business Professor (Postsecondary) positions in Minneapolis, MN reflects several factors. Entry-level professionals and those in smaller organizations typically fall in the lower quartiles, while senior specialists, those with in-demand certifications, and employees at large enterprises command salaries in the upper percentiles.
Minneapolis, MN's cost-of-living index of 106.2 means that a $99,250 median salary here has the same purchasing power as $93,456 in an average-cost U.S. city. The relatively moderate cost of living makes this a competitive market for purchasing power.