Chief Executive Officer Salary in Minnesota
Based on 7K+ workers in Minnesota
Median Annual Salary (MN)
$195,670
$94.07/hr
vs National Average
$212,619
-8.0% vs national median
Salary Range (10th–90th)
$93K – $449K
7K employed in Minnesota
The median Chief Executive Officer salary in Minnesota is $195,670 per year, reflecting the state's strong business landscape and established corporate sector. With approximately 6,740 CEOs employed across Minnesota, the state maintains a competitive executive market. However, this median falls about 8% below the national average, indicating regional salary variations across the United States.
Chief Executive Officer salary in Minnesota varies significantly based on several key factors, including company size, industry sector, and organizational revenue. Salaries in the state typically range from $92,540 to $449,270 annually, demonstrating the wide disparity between smaller operations and large corporations. Geographic location within Minnesota, years of experience, and the company's profitability also play substantial roles in determining executive compensation packages.
Salary Distribution — Chief Executive Officer in Minnesota
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $92,540 |
| 25th percentile | $138,060 |
| Median (50th percentile) | $195,670 |
| 75th percentile | $313,510 |
| 90th percentile | $449,270 |
Top-Paying Industries for Chief Executive Officer (U.S.)
Which industries pay Chief Executive Officers the most — nationwide figures (industry-level data is not available by state). Chief Executive Officers in Minnesota tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Management of Companies and Enterprises | $358,310 | 15K |
| Finance and Insurance | $316,050 | 17K |
| Mining, Quarrying, and Oil and Gas Extraction | $311,120 | 680 |
| Information | $275,030 | 9K |
| Manufacturing | $263,290 | 11K |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Chief Executive Officer in Minnesota vs National
| Year | Median Salary (Minnesota) |
|---|---|
| 2022 | $167,540 |
| 2023 | $192,230 |
| 2024 | $194,160 |
| 2025 | $195,670 |
| 2026 (projected) | $197,192 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Minnesota Median | National Median |
|---|---|---|
| 2022 | $167,540 | $168,969 |
| 2023 | $192,230 | $173,235 |
| 2024 | $194,160 | $176,421 |
| 2025 | $195,670 | $212,619 |
| 2026 (projected) | $197,192 | $214,273 |
Chief Executive Officer Salary by Experience Level in Minnesota
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $138,060 |
| Mid-level | 3-5 yrs | $195,670 |
| Senior | 6-9 yrs | $313,510 |
| Staff / Lead | 10+ yrs | $449,270 |
Chief Executive Officer Salary in Other States
Related Chief Executive Officer Salaries in Minnesota
How other high-demand occupations in Minnesota compare to Chief Executive Officer ($195,670 median).
| Occupation | Median Salary | vs Chief Executive Officer | Hourly |
|---|---|---|---|
| Marketing Manager in MN | $173,300 | -11.4% | $83.32/hr |
| Human Resources Manager in MN | $153,770 | -21.4% | $73.93/hr |
| Sales Manager in MN | $151,670 | -22.5% | $72.92/hr |
| Purchasing Manager in MN | $144,810 | -26.0% | $69.62/hr |
| Public Relations Manager in MN | $139,040 | -28.9% | $66.85/hr |
| Administrative Services Manager in MN | $137,290 | -29.8% | $66.00/hr |
| Training and Development Manager in MN | $131,680 | -32.7% | $63.31/hr |
| Industrial Production Manager in MN | $123,580 | -36.8% | $59.41/hr |
| Construction Manager in MN | $123,400 | -36.9% | $59.33/hr |
| Management Analyst in MN | $100,790 | -48.5% | $48.46/hr |
| General and Operations Manager in MN | $99,340 | -49.2% | $47.76/hr |
| Project Management Specialist in MN | $97,860 | -50.0% | $47.05/hr |
Frequently Asked Questions
How much do CEOs make in Minnesota?
- The median CEO salary in Minnesota is $195,670 per year, or approximately $94 per hour. This is about 8% lower than the national average for chief executive officers.
What is the salary range for a CEO in Minnesota?
- CEO salaries in Minnesota range from $92,540 at the lower end to $449,270 at the upper end, representing significant variation based on company size and industry.
How many CEOs are employed in Minnesota?
- There are approximately 6,740 CEOs employed in Minnesota, making it a substantial portion of the state's executive workforce.
Is the CEO salary in Minnesota higher or lower than the national average?
- Minnesota CEO salaries are 8% lower than the national average, with the median at $195,670 compared to higher averages in other states.