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University Professor Salary in Minneapolis, Minnesota

Updated 2026-04-05BLS 2024 data — be the first to add a local report

Salary Distribution

BLS 2024
$91,974/ year

Median University Professor in Minneapolis, MN

$50,947
10th
$62,130
25th
$91,974
Median
$128,620
75th
$156,916
90th

Compensation Breakdown

BLS 2024
Base salary (median)
$91,974
Total compensation (est.)
$105,770
Bonus range
$2,850 – $14,160
Mean salary
$97,492

How This Compares

Minneapolis, MN median
$91,974
Minnesota median
$86,068+6.9%
National median
$84,380+9.0%

Cost of living in Minneapolis is 9% above the national average. Salary of $91,974 here is equivalent to $84,380 nationally.

Salary by Experience

0-2 years
$66,221-28.0%
3-5 years
$83,696-9.0%
6-10 years
$103,011+12.0%
10+ years
$126,924+38.0%

Salary by Company Size

Startup (< 100 employees)
$80,937-12.0%
Mid-size (100–5,000)
$91,974
Enterprise (5,000+)
$108,529+18.0%

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University Professor Salaries in Nearby Cities

St. Paul, MN$84,380/yr
Rochester, MN$84,380/yr
Duluth, MN$84,380/yr

Related Jobs in Minneapolis

Elementary School Teacher$67,460/yr
High School Teacher$67,972/yr
Special Education Teacher$67,384/yr
School Counselor$67,853/yr
Instructional Designer$85,009/yr

Quick Numbers

Hourly (40hr week)$44/hr
Monthly gross$7,665/mo
25th percentile$62,130/yr
75th percentile$128,620/yr

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Market Context

via FRED

Fed Funds Rate

Mar 2026

3.64%

Inflation (CPI)

year-over-year

2.4%+0.04

National Unemployment

Mar 2026

4.3%-0.10

Minnesota Unemployment

Dec 2025

4.1%+0.10

Avg Hourly Earnings

all private workers

$37.38+$0.09

10yr Treasury

Apr 2026

4.31%

Source: St. Louis Fed (FRED). Updated daily.

University Professor Salaries by City

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Frequently Asked Questions

What is the average University Professor salary in Minneapolis?

The median University Professor salary in Minneapolis is $91,974 per year, with a range from $62,130 at the 25th percentile to $128,620 at the 75th percentile. Total compensation including bonuses typically runs higher — see the breakdown above for the full picture.

How does University Professor pay in Minneapolis compare to the national average?

University Professor salaries in Minneapolis are 9% above the national median of $84,380. After adjusting for Minneapolis's cost of living, the purchasing power of that salary is equivalent to roughly $84,380 nationally — which is the number that actually matters when comparing offers across cities.

What factors affect University Professor salaries in Minneapolis?

In Minneapolis, the biggest drivers are years of experience, company size, and industry vertical. Entry-level University Professor roles start around $50,947, while senior and staff-level positions at larger employers can reach $156,916 or above. Specialized skills and in-demand tools can also meaningfully shift where you land in the range.

Is Minneapolis a good place for University Professor jobs?

Minneapolis offers a University Professor median of $91,974, which is 9% above the US median of $84,380. Whether that makes it a good market depends on your personal cost-of-living equation — Minneapolis is 9% more expensive than the national average, so factor that into your math.

How do I negotiate a higher University Professor salary?

Start with the data on this page: the 75th percentile for University Professor in Minneapolis is $128,620, which is a defensible anchor for a negotiation. Come in with a specific number backed by real market data — not a range — and reference your experience tier. If you're above the median, ask for the 75th percentile. If you're already at the 75th, push for total comp improvements like equity or bonus instead.