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Chief Information Officer Salary in Minnetonka, MN: 2026

Chief Information Officer salary data for Minnetonka, MN, adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.

The estimated median Chief Information Officer salary in Minnetonka, MN is $218,484 per year ($18,207/month, $105/hr). This modeled estimate scales Salario's national benchmark (calibrated to the BLS OEWS May 2025 national median) by the local cost of living index of 102.1, which is 2% above the national average.

Entry Level
$153K
$74/hr
Median
$218K
$105/hr
Senior
$306K
$147/hr
Top Earner
$437K
$210/hr

All four figures are Salario estimates (national benchmark scaled by Minnetonka's cost-of-living index); BLS does not publish a metro median for this title here.

Chief Information Officer Take-Home Pay in Minnetonka

Tax Breakdown (Median Salary)

Gross Annual$218,484
Federal Tax-$41,219
State Tax (6.6% eff.)-$14,319
FICA (SS + Medicare)-$14,607
Annual Take-Home$148,339
Monthly Take-Home$12,362

Living Cost Comparison

Median Rent$1,363/mo
Rent-to-Income Ratio7.5%
Median Home Price$334,000
Cost of Living Index102.1
City Median Salary (BLS metro, all jobs)$59,320
Chief Information Officer vs City Median+$159,164

Chief Information Officer Requirements

Education
Master's Degree
Experience
15+ years
Job Growth
5.0% (2024-2034)

Key Skills

IT StrategyDigital TransformationCybersecurityBudget ManagementVendor Relations

Minnetonka Job Market Overview

Minnetonka, Minnesota has a population of 53,781 and an unemployment rate of 3.1%. The top industries are Healthcare, Finance, Manufacturing. The local job growth rate is 1.8%, and the average commute time is 17minutes. These local figures come from Salario's city dataset; verify current values with BLS Local Area Unemployment Statistics and Census QuickFacts.

Chief Information Officer Salary in Nearby Minnesota Cities

Salary Percentile Breakdown: Chief Information Officer in Minnetonka

Based on Salario's cost-of-living-adjusted salary tiers for Chief Information Officer in Minnetonka, MN, here is an estimated percentile breakdown:

PercentileAnnual SalaryHourly EquivalentCareer Stage
10th (lowest)$152,946$74/hrEntry-level, < 1 yr exp.
25th$185,715$89/hrJunior, 1-3 yrs exp.
50th (median)$218,484$105/hrMid-career, 15+ years
75th$305,892$147/hrSenior, 5-10 yrs exp.
90th (top)$436,988$210/hrLead/Principal, 10+ yrs

Percentiles are approximations, not measured local percentiles: P10, P50, P75, and P90 map to Salario's entry, median, senior, and top salary tiers scaled by the local cost-of-living index, and P25 is interpolated halfway between entry and median. Top earners (P90) typically include managers, specialists with rare skills, or those at high-paying employers in Minnetonka's Healthcare sector.

5-Year Salary Trajectory

Salario's national dataset models approximately 5.0% salary growth for Chief Information Officers over the past 5 years. That national assumption is applied to the Minnetonka estimate below; it is not a measured local trend, and it should be compared with cumulative CPI inflation before treating it as a real-terms gain:

5 Years Ago
$208,080
Adjusted for Minnetonka COL
Today (2026)
$218,484
+5.0% vs 5y ago
Projected 2031
$229,408
If growth continues

Year-over-year, an average Chief Information Officer can expect a 3.7% annual increase moving from entry to senior level over 19 years in Minnetonka. Negotiation, certifications (CISM, CISSP), and changing employers strategically can accelerate this trajectory.

Minnetonka vs National Average

The national median Chief Information Officer salary is $213,990 (BLS OEWS May 2025, Chief Executives). In Minnetonka, the cost-of-living-adjusted median of $218,484 is 2.1% above the national figure. This reflects Minnetonka's cost of living index of 102.1 (higher than the national average of 100).

For Chief Information Officers, this means: rent typically consumes 11.0% of take-home pay (households spending >30% are considered affordable), and a median home in Minnetonka costs about 2.3× annual take-home. Homeownership is relatively attainable on this salary in Minnetonka.

Industry Context: Healthcare in Minnetonka

Minnetonka's economy is anchored by Healthcare, Finance, Manufacturing, with 53,781 residents and an unemployment rate of 3.1% in Salario's city dataset. Pay for Chief Information Officers can differ by sector, so compare Healthcare employers with other local employers. The local job growth rate in Salario's city dataset is 1.8%, and Salario's job dataset lists a 5.0% growth outlook for Chief Information Officer roles; check the BLS Occupational Outlook Handbook for the official 2024-2034 projection for the closest matching occupation.

Methodology & Data Sources

How we calculate Chief Information Officer salaries in Minnetonka, MN:

  1. Base salary model starts with Salario occupation data and public wage references, including BLS OEWS and O*NET when a direct or related occupational crosswalk is available (the national median is calibrated to the BLS OEWS May 2025 median for Chief Executives). For niche titles, we do not treat a broader SOC family as an exact job-title wage.
  2. Cost-of-living adjustment applied using the Minnetonka index of 102.1 relative to the national baseline of 100, with local rent, home price, unemployment, and tax inputs stored separately in Salario's city dataset.
  3. Percentile distribution (P10-P90) estimated from the entry, median, senior, and top compensation tiers in the Salario salary model rather than claimed as exact employer payroll data.
  4. Take-home pay calculated using 2026 federal tax brackets (10%-37%), MN 2026 state income tax brackets after the standard deduction (top rate 9.8%), and FICA (Social Security 6.2% + Medicare 1.45%).
  5. Tax brackets and standard deduction ($16,100 single filer for tax year 2026) sourced from IRS Revenue Procedure 2025-32 and updated annually.

Authoritative data sources:

Last reviewed: 2026. Salario's salary dataset is refreshed periodically, not automatically; check the linked BLS releases for the latest official data. Chief Information Officer salaries can vary significantly based on employer, sector (Healthcare vs others in Minnetonka), specific skill set (IT Strategy, Digital Transformation, Cybersecurity), and individual negotiation. Always verify current compensation through multiple sources before making career decisions.

Frequently Asked Questions

What is the average Chief Information Officer salary in Minnetonka, MN?
Salario estimates the median Chief Information Officer salary in Minnetonka, MN at $218,484 per year for 2026. This is a modeled figure: Salario's national Chief Information Officer benchmark scaled by the local cost of living index of 102.1, not a measured local wage survey. The modeled entry-level estimate is around $152,946, and the senior estimate is $305,892 or more.
How much does a Chief Information Officer take home in Minnetonka after taxes?
A Chief Information Officer earning the median salary of $218,484 in Minnetonka, MN takes home approximately $148,339 per year ($12,362/month) after federal, state, and local taxes. The effective tax rate is 32.1%.
Is Minnetonka a good city for Chief Information Officers?
Minnetonka, MN has a cost of living index of 102.1 (above national average). Chief Information Officers here earn above the city median. The local unemployment rate is 3.1% and top industries include Healthcare, Finance, Manufacturing.
What skills are needed for a Chief Information Officer in Minnetonka?
Key skills for Chief Information Officers include IT Strategy, Digital Transformation, Cybersecurity, Budget Management, Vendor Relations. Typical education requirement is Master's Degree. Valuable certifications include CISM, CISSP.
How does Chief Information Officer salary in Minnetonka compare to the national average?
Salario's national median benchmark for Chief Information Officer is $213,990 (calibrated to the BLS OEWS May 2025 national median). In Minnetonka, the cost-of-living-adjusted estimate is $218,484, which is 2.1% higher than the national average, reflecting the local cost of living.

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Frequently Asked Questions

What is the average Chief Information Officer salary in Minnetonka, MN?

Salario estimates the median Chief Information Officer salary in Minnetonka, MN at $218,484 per year for 2026. This is a modeled figure: Salario's national Chief Information Officer benchmark scaled by the local cost of living index of 102.1, not a measured local wage survey. The modeled entry-level estimate is around $152,946, and the senior estimate is $305,892 or more.

How much does a Chief Information Officer take home in Minnetonka after taxes?

A Chief Information Officer earning the median salary of $218,484 in Minnetonka, MN takes home approximately $148,339 per year ($12,362/month) after federal, state, and local taxes. The effective tax rate is 32.1%.

Is Minnetonka a good city for Chief Information Officers?

Minnetonka, MN has a cost of living index of 102.1 (above national average). Chief Information Officers here earn above the city median. The local unemployment rate is 3.1% and top industries include Healthcare, Finance, Manufacturing.

What skills are needed for a Chief Information Officer in Minnetonka?

Key skills for Chief Information Officers include IT Strategy, Digital Transformation, Cybersecurity, Budget Management, Vendor Relations. Typical education requirement is Master's Degree. Valuable certifications include CISM, CISSP.

How does Chief Information Officer salary in Minnetonka compare to the national average?

Salario's national median benchmark for Chief Information Officer is $213,990 (calibrated to the BLS OEWS May 2025 national median). In Minnetonka, the cost-of-living-adjusted estimate is $218,484, which is 2.1% higher than the national average, reflecting the local cost of living.