Chief Executives in Minnesota
May 2025 wages · tax year 2026
You keep
$133,172
after federal, FICA and Minnesota tax
Tax takes
$62,498
31.9% of the whole
Worth, in national money
$135,314
Minnesota costs less than average
On that salary you would be around the 25th percentile for this work in Minnesota — roughly, since only five points along the band are published.
One filer, standard deduction, no dependants and nothing paid in before tax — the same household the rest of this page uses, so the comparison holds. City and school-district income taxes are not included.
Median here
$195,670
Kept after tax
$133,172
Worth in national money
$135,314
State rank
25
of 46 states
What this pays, and what it is worth
- Middling, nationally. Minnesota pays chief executives around $195,670 at the midpoint, 25 of 46 states. The interesting numbers on this page are the two below it.
- Locally, this pays well. Among 490 occupations Minnesota reports, chief executives comes in at 6 — comfortably in the upper quarter.
- Cost of living is unremarkable here. From $195,670, tax leaves $133,172, and adjusting for local prices barely moves it — about $135,314 in comparable terms. Averages run higher here, $246,240, since top earners drag the number up.
- For chief executives the Minnesota median is $195,670, ranking 25 of 46 states reporting. Mid-band nominal positions are the ones most frequently reordered by the adjustments, because no large wage premium exists to absorb a state's tax or price level.
- Chief executives ranks 6 of 490 occupations by median in Minnesota, in the top quartile. Within-state position is largely independent of national position, so this holds regardless of how the state compares to others for the same work.
- Because Minnesota sits close to the national price level, the real-terms figure for chief executives — median $195,670 — tracks the post-tax figure closely: $133,172 retained, $135,314 adjusted. ⚠️ Neither is a wage; the second describes what the first buys. Mean pay of $246,240 exceeds the median, so the upper tail is doing the work.
Compare this career across states
Choose your filing status and local taxes, compare pay, and keep a shortlist.Compare wage and personal-pay outcomes by state, with selected resident local taxes and saved career choices.
Pay band: Chief Executives
The state median for this job
| Lowest tenth earn under | $92,540 |
|---|---|
| Half earn under | $195,670 |
| Top tenth earn over | $449,270 |
| This salary | $195,670 |
Positions between the published tenth, quarter, half, three-quarter and ninetieth points are estimated by straight line.
The same pay, somewhere else
The state median for this job
| Take-home in Minnesota | $133,172 |
|---|---|
| Take-home in Texas | $145,699 |
| Once local prices are leveledBEA price parity | +$14,621 |
State income tax and state price levels only. No city income tax, and no housing market.
What you would need there
The state median for this job
| To match take-home only | $178,355 |
|---|---|
| You could take a cut of | −$19,773 |
| Prices in Texas | 97 vs 98 |
State taxes and state price levels only. No city tax, and no housing market.
Sources and assumptions
- Half the people doing this work in Minnesota earn less than $195,670. The published range is $92,540 up to $449,270, so an individual figure can sit a long way from the middle in either direction.
- That $133,172 take-home in Minnesota comes from $195,670. It is the no-frills case: single filer, standard deduction, nothing set aside before tax. Real circumstances almost always reduce the tax. City and school-district taxes are not counted at all. Locally the work ranks 6 of 490.
- Two cautions on $135,314, the adjusted value of that $195,670 median. It levels out prices with a single number for all of Minnesota. No actual address matches that. The wage figures and price figures are also from different years. Each is published on its own timetable. This work sits at 6 of 490 locally.
- Reported values are medians; for chief executives in Minnesota the tenth-to-ninetieth percentile band is $92,540 to $449,270. Neither the median nor the band is an offer rate, and neither accounts for hours, shift differentials or overtime.
- Retained pay of $133,172, from $195,670, assumes a single Minnesota filer with the standard deduction and no elective deferrals. Pre-tax retirement or HSA contributions, dependants and itemized deductions all reduce it further; local income taxes, excluded here, would increase it in the states that levy them. This occupation ranks 6 of 490 locally, and the state ranks 25 of 46 for it.
- This $135,314 adjusted figure, worked from $195,670, rests on a state-level price parity averaging over within-state dispersion larger than much of the between-state dispersion. Wage and price vintages differ by publication schedule. The result is directionally sound and not address-specific, for work at 6 of 490 in the state. The occupation ranks 6 of 490 locally.
Questions people ask
Is this the average pay for the job?
It is the midpoint, not the average. The average here is $246,240, dragged up by high earners; the middle figure describes a typical worker better.
Why is the pay range for this job so wide?
One title, many jobs. The lowest tenth take $92,540, the highest tenth $449,270, and what separates them is experience, employer and what exactly the role does.
What does this pay actually buy where I live?
A smaller wage in a cheaper place is not automatically less. Adjusted for local prices, this is worth $135,314.
Where does the difference between the wage and my paycheck go?
Three of them are federal and one is not. After income tax, Social Security, Medicare and Minnesota's own levy, $133,172 remains.
Why is this job missing from some states?
Because the survey suppresses a figure when too few employers report it. This occupation has published pay in 46 states — the rest are withheld to protect confidentiality, which is not the same as nobody doing the work there.
How does the published median differ from the mean for this occupation?
The median is the midpoint of the distribution; the mean for this occupation in Minnesota is $246,240. Wage distributions are right-skewed, so the mean exceeds the median wherever a minority earn substantially more. BLS publishes both because substituting one for the other misstates a typical worker's pay.
What drives the percentile dispersion in this occupation?
Dispersion between the tenth percentile ($92,540) and the ninetieth ($449,270) exceeds the family median dispersion. SOC codes aggregate roles differing in seniority, industry and specialisation, and BLS does not disaggregate below the detailed occupation level, so within-title variance is not separable from the published series.
What is this occupation's price-adjusted compensation in this state?
Minnesota's regional price parity is at or below the national average, so nominal wages understate purchasing power. Take-home deflated by the state price level is $135,314 in national-average terms. The adjustment uses an all-items index and does not isolate housing.
What accounts for the gap between gross wage and take-home here?
Take-home of $133,172 reflects federal income tax, OASDI, Medicare and Minnesota income tax for a single filer with no adjustments. The state layer is levied in addition to the federal one; only its rate and base differ between states.
Why does this occupation lack published estimates in every state?
BLS suppresses estimates failing disclosure or reliability criteria. This occupation has published state-level estimates in 46 of the fifty-one jurisdictions. Suppression reflects sample size and confidentiality rules, and cannot be read as an absence of employment.