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As of August 01, 2026, the average salary for an Asset Manager in Minnesota is $128,537 per year, which breaks down to an hourly rate of $62.
However, an Asset Manager's salary can vary significantly. Here’s a look at the typical salary range:
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Asset Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $143,395 | $11,950 | $2,758 | $69 |
| Average | $128,537 | $10,711 | $2,472 | $62 |
| 25th Percentile | $114,121 | $9,510 | $2,195 | $55 |
Life Time Fitness - Chanhassen, MN
Roers Companies LLC - Plymouth, MN
ROERS COMPANIES - Medicine Lake, MN
KPMG - Minneapolis, MN
An Asset Manager'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 an Asset Manager'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 |
|---|---|
| Asset Man... Level Asset Manager | $161,564 |
| Asset Man... Level Asset Manager | $115,677 |
| Asset Man... Level Asset Manager | $127,444 |
| Asset Man... Level Asset Manager | $152,796 |
| Asset Man... Level Asset Manager | $175,703 |
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 Asset Managers. 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 Asset Manager roles, the industry you choose can affect earning potential by as much as 60% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Financial Services sectors offer the strongest compensation, at 30% above the average. In contrast, Asset Manager positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Asset Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Biotechnology | $167,098 | $80.0 | 30% |
| Financial Services | $160,671 | $77.0 | 25% |
| Internet | $154,244 | $74.0 | 20% |
| Chemicals | $147,817 | $71.0 | 15% |
| Aerospace & Defense | $141,390 | $68.0 | 10% |
Understanding how an Asset Manager'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 | $143,395 | $11,950 | $2,758 | $69 |
| Average | $128,537 | $10,711 | $2,472 | $62 |
| 25th Percentile | $114,121 | $9,510 | $2,195 | $55 |
Ready to take the next step in your career? Browse thousands of current Asset Manager job openings on our job board. Use the search bar below to find your perfect match.
Geronimo Power, LLC
Minneapolis, MN
Geronimo Power, LLC | Minneapolis, MN
Job Description. Job Description. Geronimo Power (formerly National Grid Renewables) develops, owns and operates large-scale power assets throughout Americ... more
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Nokomis Energy
Minneapolis, MN
Nokomis Energy | Minneapolis, MN
Job Description. Job Description. Our Vision. | Nokomis Energy is an Upper Midwest based provider of clean energy solutions helping communities, corporates... more
6 Days Ago
Sherwin-Williams
Minneapolis, MN
Sherwin-Williams | Minneapolis, MN
ResponsibilitiesThis position is accountable for managing a profile of Asset Protection for Manufacturing and Processing customers in order to maintain and... more
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NorthMarq
Minneapolis, MN
NorthMarq | Minneapolis, MN
At Northmarq, you can be part of something special. Northmarq is a unique capital markets resource for commercial real estate investors, providing our clie... more
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The Home Depot
Eden Prairie, MN
The Home Depot | Eden Prairie, MN
The Asset Protection Specialist is primarily responsible for preventing financial loss caused by theft and fraud and supporting safety and environmental pr... more
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Walmart
Mountain Iron, MN
Walmart | Mountain Iron, MN
Hourly Wage:$16 - $29 per/hour The actual hourly rate will equal or exceed the required minimum wage applicable to the job location.Additional compensation... more
6 Days Ago
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