Salary & Cost of Living in Plymouth, MN
Plymouth, MN: $63,932 median salary, cost of living index 107.3, $10.85/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$63,932
$31/hr
Cost of Living
107.3
US avg = 100
Minimum Wage
$10.85
per hour
Unemployment
2.5%
rate
Plymouth, MN Overview
Population
81,026
Median Salary
$63,932
Average Salary
$71,604
Avg Commute
21 min
Median Home Price
$319,000
Median Rent
$1,317/mo
Job Growth
+2.7%
Sales Tax
6.875%
Plymouth is located in Minnesota with a population of 81,026. The median household salary is $63,932 per year ($31/hour), which is $4,548 above the national median of $59,384. The average commute time is 21 minutes, and the city has a job growth rate of +2.7%.
Plymouth Salary by Experience Level (2026)
Wage distribution in Plymouth, MN based on BLS percentile breakdown of the $63,932 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $39,638 | $19.06/hr | 0–2 years |
| Mid-Level (Median) | $63,932 | $30.74/hr | 3–7 years |
| Senior-Level | $90,783 | $43.65/hr | 8–15 years |
| Top 10% (90th Percentile) | $113,799 | $54.72/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
Plymouth Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Plymouth, MN, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$48,344
$4,028.63/month · $1,859.37/biweekly · Effective Rate: 24.4%
Gross Pay
$63,932
Federal Tax
-$5,679
State Tax
-$5,019
Local Tax
$0
FICA
-$4,891
Net Pay
$48,344
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $5,327.67 | $63,932.00 |
| Federal Income Tax | -$473.25 | -$5,679.04 |
| Minnesota State Tax (7.85%) | -$418.22 | -$5,018.66 |
| Social Security (6.2%) | -$330.32 | -$3,963.78 |
| Medicare (1.45%) | -$77.25 | -$927.01 |
| Net Take-Home Pay | $4,028.63 | $48,343.50 |
Salary Comparison: Plymouth vs Other Cities
See how Plymouth's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Plymouth, MN | $63,932 | 107.3 | $59,582 |
| National Average | $59,384 | 100 | $59,384 |
| Blaine, MN | $63,993 | 94 | $68,078 |
| Broomfield, CO | $64,002 | 98.2 | $65,175 |
| Salem, MA | $64,020 | 128.9 | $49,666 |
| Sterling, VA | $64,075 | 100.4 | $63,820 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Plymouth
Plymouth's cost of living index is 107.3 (national average = 100). Living in Plymouth is 7.299999999999997% more expensive than the national average.
Median Home Price
$319,000
Median Monthly Rent
$1,317
Annual Rent Cost
$15,804
Your Salary's Purchasing Power
Your $48,344 annual take-home pay in Plymouth has the purchasing power of approximately $45,055 in an average-cost US area. You would need to earn $68,599 in Plymouth to match a $63,932 salary in an average-cost city.
Top Industries in Plymouth
Plymouth's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $63,932.
Salary Tips for Plymouth Workers
- Maximize pre-tax deductions. With a 7.85% state income tax rate, maximizing 401(k) contributions (up to $24,500 in 2026) and HSA contributions can significantly reduce both your federal and state tax burden.
- Research top industries. Plymouth's top industries include Healthcare, Finance, Manufacturing. Targeting roles in these sectors can help you earn above the $63,932 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Methodology & Local Economy Data Sources
How we calculate Plymouth salary data: Our citywide compensation figures aggregate occupation-specific salary data from BLS Occupational Employment and Wage Statistics for the Plymouth-MN metropolitan statistical area (MSA), weighted by local employment counts. Cost-of-living adjustments use the C2ER Cost of Living Index baseline of 100 (national average), with Plymouth indexed at 107.3.
- Median salary calculation: weighted average of Plymouth's occupation-specific medians from BLS OEWS, adjusted for local cost of living. Net result: $63,932 annual median.
- Tax burden reflects Minnesota state income tax (7.85%) (no local income tax), sales tax (6.875%), and federal taxes per IRS 2026 brackets.
- Unemployment rate for Plymouth: 2.5%, sourced from BLS Local Area Unemployment Statistics (LAUS).
- Top industries: Healthcare, Finance, Manufacturing — based on QCEW employment concentration data.
- Job growth: 2.7% projected through 2034, derived from BLS Employment Projections program for Minnesota.
- Housing context: median home price $319,000, median rent $1,317/mo, sourced from Census American Community Survey 5-year estimates.
Authoritative US data sources for Plymouth, MN:
- BLS Occupational Employment and Wage Statistics (OEWS) — metropolitan area salary data
- BLS Local Area Unemployment Statistics — Plymouth unemployment rate
- U.S. Census Bureau — Plymouth QuickFacts — population, housing, demographics
- BLS Quarterly Census of Employment and Wages (QCEW) — county-level industry employment
- BLS Economy at a Glance — Minnesota — state economic indicators
- U.S. Bureau of Economic Analysis (BEA) — local GDP and personal income data
- BLS Consumer Price Index (CPI-U) — regional inflation tracking
Disclaimer: Salary and cost data are estimates for general guidance. Individual compensation varies by employer, experience, education, negotiation, and skills. Plymouth's rapidly changing economy can shift these baselines — always verify with current job listings, employer offers, and recent Minnesota labor market reports for the most current figures.
Reviewed by Brazora Monk· Last updated 2026 · BLS & Census data current as of latest releases
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Frequently Asked Questions
What is the median salary in Plymouth, MN?
The median salary in Plymouth, MN is $63,932 per year, or $31 per hour. The average salary is $71,604. This is $4,548 above the national median of $59,384.
What is the cost of living in Plymouth, MN?
Plymouth's cost of living index is 107.3 (national average = 100), meaning it is 7.299999999999997% more expensive compared to the national average. The median home price is $319,000 and the median monthly rent is $1,317.
What are the best industries in Plymouth?
The top industries in Plymouth, MN include Healthcare, Finance, Manufacturing. The city has a job growth rate of 2.7% and an unemployment rate of 2.5%. Workers in these industries often earn above the city's median salary of $63,932.
How does Plymouth's salary compare to other cities?
Plymouth's median salary of $63,932 is 7.7% above the national median of $59,384. However, when adjusted for cost of living (index: 107.3), the real purchasing power is approximately $59,582.
What is the minimum wage in Plymouth, MN?
The minimum wage in Plymouth, MN is $10.85 per hour. This equals approximately $22,568 per year for a full-time worker (40 hours/week). This is $3.60 above the federal minimum wage of $7.25/hour.