CEO.
Minneapolis.
$289,000
median salary, 5% above the national average
$210,000 to $399,000. Updated for 2026.
The numbers.
Everything you need to negotiate with confidence.
Minneapolis is 5% more expensive than the national average. For CEOs, that shakes out to a median of $289,000, with the full range spanning $210,000 to $399,000. Company stage, revenue scale, and industry sector are the primary salary determinants. Know the range before you walk in.
Salary range
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How Minneapolis compares
Minneapolis, MN
$289,000
Cost of living: 5% above average
National Average
$275,000
Minneapolis is $14,000 above
What you should know
The CEO landscape in Minneapolis is not what most salary sites will tell you. Minneapolis is a Fortune 500 powerhouse with Target, UnitedHealth Group, Best Buy, and 3M headquartered in the metro. The city's strong corporate base creates consistent demand across finance, healthcare, retail tech, and supply chain roles. Quality of life is high, and employers offer competitive salaries to offset the cold winters. Company stage, revenue scale, and industry sector are the primary salary determinants. Public company CEOs and those at venture-backed late-stage startups command the highest base salaries. Geographic market and board composition also influence base pay, with coastal tech hubs offering the strongest packages.
VP-level leaders earn $180,000 to $250,000 before moving into C-suite. First-time CEOs at early-stage startups may take $120,000 to $200,000 with heavy equity. CEOs at mid-market companies earn $275,000 to $500,000. Large enterprise CEOs exceed $500,000 in base alone. In Minneapolis, cost of living sits near the national average, so the numbers you see are roughly what you keep.
Base salary is not the full picture. Base salary often represents just 15 to 30% of total CEO compensation. Equity grants, performance bonuses tied to revenue or EBITDA targets, and long-term incentive plans can bring total compensation to $1 million to $10 million or more at scale companies. And on the tax side: minnesota's top income tax rate is 9.85%, one of the highest state rates. There is no city income tax in Minneapolis, but the state burden significantly reduces take home pay. When someone quotes you $289,000, ask what the total package looks like. The gap between base and total comp is where real money hides.
On negotiation: Emphasize retention risk when negotiating. Minneapolis employers know that remote opportunities from warmer, lower tax states are a constant competitive threat. The range for CEOs in Minneapolis runs from $210,000 to $399,000. That is not a narrow window. Where you land inside it depends almost entirely on whether you negotiate and how well you prepare.
Top industries in Minneapolis
Negotiating in Minneapolis
Emphasize retention risk when negotiating. Minneapolis employers know that remote opportunities from warmer, lower tax states are a constant competitive threat.