Is $60,000 a Good Salary in Minneapolis, MN? (2026)

No: $60,000 in Minneapolis is well below typical pay - about the 14th percentile across 19 occupations, $3,986 a month take-home.

Source: U.S. Bureau of Labor Statistics (OEWS), Census ACS rents, IRS Rev. Proc. 2025-32 · Updated October 2026

Verdict
well below typical
Local pay percentile
~14th
Monthly take-home
$3,986
Median rent share
33%

No, $60,000 is well below typical pay in Minneapolis, MN. Across the 19 common occupations we track in Minneapolis, it sits at about the 14th percentile of local pay.

After federal tax, FICA and Minnesota state tax of $2,557 a year, a single filer earning $60,000 keeps about $47,833 a year, or $3,986 a month. Median rent in Minneapolis is $1,329 a month, which takes 33% of that take-home pay.

“Typical” means the middle of local pay, not a national average. We compute where $60,000 lands in each tracked occupation’s published BLS wage range (10th to 90th percentiles) and take the median position across the 19 occupations - the same interpolation our salary percentile calculator uses. Median pay across those occupations is about $82,200 in Minneapolis (middle half between $67,000 and $100,800).

How this verdict is computed

"Typical" means the middle of local pay, not a national average. We compute where $60,000 lands in each tracked occupation's published BLS wage range (10th to 90th percentiles) and take the median position across the 19 occupations - the same interpolation our salary percentile calculator uses. Median pay across those occupations is about $82,200 in Minneapolis (middle half between $67,000 and $100,800).

Take-home assumes a single filer with the standard deduction and no pretax deductions: federal tax, Social Security and Medicare, and Minnesota state income tax. Rent is the metro's median gross rent (Census ACS); the rent share compares it to monthly take-home pay.

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Frequently Asked Questions

No, it is well below typical pay: $60,000 sits at about the 14th percentile across the 19 occupations we track in Minneapolis, where median pay across occupations is about $82,200.

A single filer with the standard deduction keeps about $47,833 a year ($3,986 a month) after federal tax, FICA and Minnesota state tax of $2,557 a year.

Median pay across the 19 occupations we track is about $82,200 a year, with the middle half of occupation medians between $67,000 and $100,800.