Product Manager Salary in Minneapolis, MN
Product Manager salary data for Minneapolis, MN — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.
Product Manager Salary in Minneapolis, MN — 2026
The median Product Manager salary in Minneapolis, MN is $136,680 per year ($11,390/month, $66/hr). This reflects the local cost of living index of 102, which is 2% above the national average.
Product Manager Take-Home Pay in Minneapolis
Tax Breakdown (Median Salary)
| Gross Annual | $136,680 |
| Federal Tax | -$22,050 |
| State Tax (6.8%) | -$9,294 |
| FICA (SS + Medicare) | -$10,456 |
| Annual Take-Home | $94,880 |
| Monthly Take-Home | $7,907 |
Living Cost Comparison
Product Manager Requirements
Key Skills
Minneapolis Job Market Overview
Minneapolis, Minnesota has a population of 429,954 and an unemployment rate of 2.8%. The top industries are Finance, Healthcare, Technology. The local job growth rate is 2.0%, and the average commute time is 25 minutes.
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Frequently Asked Questions
What is the average Product Manager salary in Minneapolis, MN?
How much does a Product Manager take home in Minneapolis after taxes?
Is Minneapolis a good city for Product Managers?
What skills are needed for a Product Manager in Minneapolis?
How does Product Manager salary in Minneapolis compare to the national average?
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Frequently Asked Questions
What is the average Product Manager salary in Minneapolis, MN?
The median Product Manager salary in Minneapolis, MN is $136,680 per year as of 2026. This is adjusted for the local cost of living index of 102. Entry-level Product Managers earn around $88,740, while senior-level professionals can earn $193,800 or more.
How much does a Product Manager take home in Minneapolis after taxes?
A Product Manager earning the median salary of $136,680 in Minneapolis, MN takes home approximately $94,880 per year ($7,907/month) after federal, state, and local taxes. The effective tax rate is 30.6%.
Is Minneapolis a good city for Product Managers?
Minneapolis, MN has a cost of living index of 102 (above national average). Product Managers here earn above the city median. The local unemployment rate is 2.8% and top industries include Finance, Healthcare, Technology.
What skills are needed for a Product Manager in Minneapolis?
Key skills for Product Managers include Product Strategy, Data Analysis, Agile, User Research, SQL. Typical education requirement is Bachelor's Degree. Valuable certifications include Certified Scrum Product Owner, PMI-ACP.
How does Product Manager salary in Minneapolis compare to the national average?
The national median Product Manager salary is $134,000. In Minneapolis, the adjusted salary is $136,680, which is 2.0% higher than the national average, reflecting the local cost of living.