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As of August 01, 2026, the average salary for an Internal Audit Manager in Minnesota is $131,409 per year, which breaks down to an hourly rate of $63.
However, an Internal Audit Manager's salary can vary significantly. Here’s a look at the typical salary range:
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Internal Audit Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $139,334 | $11,611 | $2,679 | $67 |
| Average | $131,409 | $10,951 | $2,527 | $63 |
| 25th Percentile | $120,345 | $10,029 | $2,314 | $58 |
Intact Services USA LLC - Minneapolis, MN
Redpath and Company - Saint Paul, MN
Old National Bank - Lake Elmo, MN
Mahoney | CPAs and Advisors - Saint Paul, MN
An Internal Audit 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 Internal Audit 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 |
|---|---|
| Auditing ... Level Internal Audit Manager | $98,973 |
| Auditing ... Level Internal Audit Manager | $119,400 |
| Internal ... Level Internal Audit Manager | $130,827 |
| Auditing ... Level Internal Audit Manager | $184,843 |
| Auditing ... Level Internal Audit Manager | $222,725 |
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 Internal Audit 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 Internal Audit Manager 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 Pharmaceuticals and Biotechnology sectors offer the strongest compensation, at 30% above the average. In contrast, Internal Audit Manager positions in Hospitality & Leisure or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Internal Audit Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Pharmaceuticals | $170,832 | $82.0 | 30% |
| Biotechnology | $164,261 | $79.0 | 25% |
| Energy & Utilities | $157,691 | $76.0 | 20% |
| Financial Services | $157,691 | $76.0 | 20% |
| Insurance | $157,691 | $76.0 | 20% |
Understanding how an Internal Audit 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 | $139,334 | $11,611 | $2,679 | $67 |
| Average | $131,409 | $10,951 | $2,527 | $63 |
| 25th Percentile | $120,345 | $10,029 | $2,314 | $58 |
Ready to take the next step in your career? Browse thousands of current Internal Audit Manager job openings on our job board. Use the search bar below to find your perfect match.
JOHN ZINK COMPANY LLC
Minneapolis, MN
JOHN ZINK COMPANY LLC | Minneapolis, MN
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Mahoney | CPAs and Advisors
Saint Paul, MN
Mahoney | CPAs and Advisors | Saint Paul, MN
Associate Audit Manager. At Mahoney, we have a passion for precision by going beyond completing necessary tasks to deliver financial peace of mind. Our Ass... more
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U.S. Bancorp
Minneapolis, MN
U.S. Bancorp | Minneapolis, MN
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U.S. Bancorp
Minneapolis, MN
U.S. Bancorp | Minneapolis, MN
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