| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Superior Financial Group Inc | $90,913 |
-9.6%
|
Superior Financial Group Inc likely leverages performance bonuses over the high base salary shown here. |
| Diversified Financial Group in Lakeville LLC | $98,909 |
-1.6%
|
Confirms Diversified Financial Group in Lakeville LLC is a direct competitor vying for the exact same talent pool. |
| Mip/ Principal Financial Group | $98,909 |
-1.6%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| Stratix Financial Group Inc | $100,248 |
-0.3%
|
Suggests Stratix Financial Group Inc utilizes a highly similar base-plus-benefits compensation model. |
| Financial Services Industry | $121,514 |
+20.9%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$90,913 / year
Salary Range: $79,695 - $103,087
Austin, MN
$98,909 / year
Salary Range: $86,705 - $112,160
Lakeville, MN
$98,909 / year
Salary Range: $86,705 - $112,160
New Ulm, MN
$100,248 / year
Salary Range: $87,887 - $113,684
Minneapolis, MN
$98,508 / year
Salary Range: $86,357 - $111,708
East Bethel, MN
$101,092 / year
Salary Range: $88,630 - $114,647
Minneapolis, MN
$90,470 / year
Salary Range: $79,320 - $102,600
Saint Cloud, MN
$102,010 / year
Salary Range: $89,436 - $115,684
Minneapolis, MN
$99,837 / year
Salary Range: $87,530 - $113,220
Minneapolis, MN
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,400 - $2,100+ | A significant portion of Haugen Financial Group salary. Location choices impact this heavily. |
| Utilities (Basic) | $130 - $230 (Heating significant) | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $120 (Metro Transit monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $430 - $630 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $450 - $800+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $390 - $720+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,920 - $4,480+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Haugen Financial Group pays its employees an average of $100,533 per year. The average salary at Haugen Financial Group range from $88,135 to $114,013 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.
The salary at Haugen Financial Group is higher than the similar company. The average annual salary at Haugen Financial Group is $100,533, or an hourly wage of $48, in comparison to Superior Financial Group Inc which pays $90,913 per year or $44 per hour.
In many roles at Haugen Financial Group, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). This significantly impacts the purchasing power of a salary from Haugen Financial Group based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.
Haugen Financial Group generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Haugen Financial Group" section on this page.
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