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Minnesota Preparatory Academy Salary

Minnesota Preparatory Academy Salary

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As of October 2026, the average annual salary for employees at Minnesota Preparatory Academy in the United States is $90,533. This translates to an approximate hourly wage of $44. Salaries at Minnesota Preparatory Academy typically range from $79,173 to $103,587 annually, reflecting the diverse roles and experience levels within the company.
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Is Minnesota Preparatory Academy’s Pay Competitive? Salary Benchmarking Analysis

How does Minnesota Preparatory Academy's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Frassati Society of Minnesota $90,607
+0.1%
Suggests Frassati Society of Minnesota utilizes a highly similar base-plus-benefits compensation model.
Focus N Enterprise $85,302
-5.8%
Focus N Enterprise may offer non-monetary perks in lieu of competitive base salaries.
Hamrick School $81,135
-10.4%
Hamrick School likely leverages performance bonuses over the high base salary shown here.
Western Plains South $82,042
-9.4%
Normalized for lower cost-of-living zones where Western Plains South primarily operates.
Edu., Gov't. & Nonprofit Industry $115,341
+27.4%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Minnesota Preparatory Academy's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Minnesota Preparatory Academy. Click a company name to learn more.

Employee Reviews: Working at Minnesota Preparatory Academy

Considering a career at Minnesota Preparatory Academy? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
It’s a reasonable place to work if you value consistency and routine, though it may not be ideal for someone seeking a dynamic or fast-paced environment. Expectations are consistent, and it is much room for creativity. Benefits are comprehensive and tailored for long-term employment. Management follows a strict hierarchy, which can stifle initiative.
Commented in May 04, 2025
38
0
The mission aligns with my personal values. An ideal blend of professionalism and empathy. I’ve been supported in my career here every step of the way. Work is steady, and communication is regular. For an organization of employees, the consistency in these offerings is a testament to their commitment to their staff’s long-term well-being. Resources are abundant and well-distributed, allowing us to...
Commented in June 19, 2024
34
1
My department encourages feedback and participation, creating a collaborative atmosphere. Extremely courteous and thorough in all interactions. Leadership fosters an open-door policy and encourages feedback. Flexible work options are available but can depend on management discretion.
Commented in February 20, 2024
47
2

Minnesota Preparatory Academy Overview

Website
www.mnprepacademy.org
Founded In
2018
Employees
<25 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
2419 Irving Ave Minneapolis Minnesota MN 55411
Revenue
<$5 Million
Phone Number
+1 6125841342
Social Media
About Minnesota Preparatory Academy
Minnesota Preparatory Academy is an exclusive High School and Post Graduate institution that provides quality education and elite training for students. Our knowledgeable staff is committed to the success of our students and their future. We welcome you to explore what we do and how Minnesota Preparatory Academy can help you achieve your goals.

What Benefits Does Minnesota Preparatory Academy Offer Beyond Salary?

A competitive compensation package is more than just a salary. Minnesota Preparatory Academy offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
Work at Minnesota Preparatory Academy?
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What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Minnesota Preparatory Academy.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Minnesota Preparatory Academy, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Minnesota Preparatory Academy 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.

FAQs of Minnesota Preparatory Academy

1. What is the average salary for employees at Minnesota Preparatory Academy?

The average annual total compensation for employees at Minnesota Preparatory Academy is approximately $90,533. However, this is an aggregate figure, actual salaries can range significantly, typically from $79,173 to $103,587, depending on factors like job role, experience, and location.

2. How much does Minnesota Preparatory Academy pay compared to Frassati Society of Minnesota?

The average annual salary at Minnesota Preparatory Academy is $90,533, or an hourly wage of $44, in comparison to Frassati Society of Minnesota which pays $90,607 per year or $44 per hour.

3. How does having a professional certification impact salary for relevant roles at Minnesota Preparatory Academy?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Minnesota Preparatory Academy for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Minnesota Preparatory Academy offer cost-of-living adjustments (COLA) for employees in high-cost areas like Minneapolis?

While some companies offer formal COLA, many, including potentially Minnesota Preparatory Academy, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Minnesota Preparatory Academy?

Most companies, likely including Minnesota Preparatory Academy, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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