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As of August 01, 2026, the average salary for a Strategic Business Development in Minnesota is $135,666 per year, which breaks down to an hourly rate of $65.
However, a Strategic Business Development's salary can vary significantly. Here’s a look at the typical salary range:
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Strategic Business Development Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $148,340 | $12,362 | $2,853 | $71 |
| Average | $135,666 | $11,306 | $2,609 | $65 |
| 25th Percentile | $124,322 | $10,360 | $2,391 | $60 |
Better Business Bureau of Minnesota - Burnsville, MN
Metro Sales Inc. - Burnsville, MN
NCW - Minneapolis, MN
Metropolis - Minneapolis, MN
A Strategic Business Development's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Strategic Business Development's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Business ... Level Strategic Business Development | $174,259 |
| Business ... Level Strategic Business Development | $119,519 |
| Strategic... Level Strategic Business Development | $138,030 |
| Business ... Level Strategic Business Development | $181,565 |
| Business ... Level Strategic Business Development | $219,862 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Strategic Business Developments. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Strategic Business Development roles, the industry you choose can affect earning potential by as much as 70% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Aerospace & Defense sectors offer the strongest compensation, at 50% above the average. In contrast, Strategic Business Development positions in Transportation or Hospitality & Leisure typically offer lower base pay, as these industries often view Strategic Business Development as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Biotechnology | $203,499 | $98.0 | 50% |
| Aerospace & Defense | $176,366 | $85.0 | 30% |
Understanding how a Strategic Business Development's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $148,340 | $12,362 | $2,853 | $71 |
| Average | $135,666 | $11,306 | $2,609 | $65 |
| 25th Percentile | $124,322 | $10,360 | $2,391 | $60 |
Ready to take the next step in your career? Browse thousands of current Strategic Business Development job openings on our job board. Use the search bar below to find your perfect match.
NRG Financial LLC
Saint Cloud, MN
NRG Financial LLC | Saint Cloud, MN
Job Overview:We are seeking a dynamic and results-oriented Business Development Representative (BDR) to join our growing team.The ideal candidate will play... more
2 Days Ago
ChromebookParts.com
Saint Paul, MN
ChromebookParts.com | Saint Paul, MN
About ChromebookParts.com ChromebookParts.com is a leading provider of device lifecycle solutions for K-12 schools, higher education institutions, and IT d... more
2 Days Ago
PrideStaff
Saint Paul, MN
PrideStaff | Saint Paul, MN
Marketing And Business Development SpecialistThe Marketing and Business Development Specialist plays a critical role in advancing our growth strategy by ex... more
2 Days Ago
Caring Transitions
Roseville, MN
Caring Transitions | Roseville, MN
Job Description. Job Description. Caring Transitions of Roseville, MN is looking for a Business Development Representative to join our team in our Rosevill... more
2 Days Ago
Allegro Home Delivery
Eagan, MN
Allegro Home Delivery | Eagan, MN
Job Description. Job Description. Business Development Specialist – Entry Level. Primary Role: The Business Development Specialist will use their skills an... more
2 Days Ago
Founder Consulting
Minneota, MN
Founder Consulting | Minneota, MN
Job Description. Job Description. About Gazer. Gazer is an international manufacturer of automotive security systems – immobilisers, dash cameras, and rela... more
2 Days Ago
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