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Common salary to hourly conversions - 2026
Quick reference for popular annual salaries
| Annual salary | Hourly rate (40 hrs) | Monthly gross | Bi-weekly gross |
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Minnesota salary and wage benchmarks - 2026
State median wages and minimum wage reference data
Minnesota salary and wage overview
Minnesota's median annual salary is around $65,040. Minnesota's minimum wage is $11.13 per hour for large employers in 2026. The Twin Cities area has a diverse economy with healthcare, financial services, retail, and technology sectors offering competitive wages.
Minneapolis-St. Paul is home to more Fortune 500 companies per capita than almost any other US metro area, including companies like Target, UnitedHealth, and 3M. This concentration of major employers creates strong wage competition across many sectors.
Common Minnesota salary to hourly conversions
| Annual salary | Hourly rate | Weekly pay | Monthly pay |
|---|---|---|---|
| $30,000 | $14.42 | $576.92 | $2,500 |
| $45,000 | $21.63 | $865.38 | $3,750 |
| $60,000 | $28.85 | $1,153.85 | $5,000 |
| $75,000 | $36.06 | $1,442.31 | $6,250 |
| $100,000 | $48.08 | $1,923.08 | $8,333 |
| ${MEDIAN_ANNUAL:,} (state median) | $31.27 | $1,250.77 | $5,420.00 |
Median wage data sourced from Bureau of Labor Statistics Occupational Employment and Wage Statistics. Minimum wage from Minnesota Department of Labor. Last verified: 2026. All salary to hourly conversions based on 2,080 hours per year (40 hours/week x 52 weeks).