Know your market value with insights across roles — from individual contributors to executive pay and overall company compensation trends.
Access a suite of powerful calculators to make data-driven career decisions.
Automate pay cycles, manage job architectures, and ensure pay equity with AI-powered compensation platforms.
Access validated salary benchmarks, labor market trends, and minimum wage data to stay competitive.
Participate in and purchase industry-specific salary surveys to obtain the most accurate, peer-reported pay data.
As of August 01, 2026, the average salary for a Senior Business Development Manager in Minnesota is $180,764 per year, which breaks down to an hourly rate of $87.
However, a Senior Business Development Manager's salary can vary significantly. Here’s a look at the typical salary range:
Compensation Planning
Develop a Job Description
Pay Equity
2026 Compensation Trend
Recruit with AI
AI Onboarding
Senior Business Development Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $186,833 | $15,569 | $3,593 | $90 |
| Average | $180,764 | $15,064 | $3,476 | $87 |
| 25th Percentile | $165,197 | $13,766 | $3,177 | $79 |
Cascadia Search Group - Minneapolis, MN
Fly My Group - Burnsville, MN
COIT Cleaning & Restoration Services - Minneapolis, MN
Doherty Staffing Solutions Inc - Minneapolis, MN
A Senior Business Development 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 a Senior Business Development 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 |
|---|---|
| Business ... Level Senior Business Development Manager | $118,698 |
| Business ... Level Senior Business Development Manager | $137,082 |
| Senior Bu... Level Senior Business Development Manager | $180,318 |
| Business ... Level Senior Business Development Manager | $218,352 |
| Vice Pres... Level Senior Business Development Manager | $280,764 |
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 Senior Business Development 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 Senior Business Development Manager roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Aerospace & Defense sectors offer the strongest compensation, at 20% above the average. In contrast, Senior Business Development Manager positions in Retail & Wholesale or Transportation typically offer lower base pay, as these industries often view Senior Business Development Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Software & Networking | $216,917 | $104.0 | 20% |
Understanding how a Senior Business Development 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 | $186,833 | $15,569 | $3,593 | $90 |
| Average | $180,764 | $15,064 | $3,476 | $87 |
| 25th Percentile | $165,197 | $13,766 | $3,177 | $79 |
Ready to take the next step in your career? Browse thousands of current Senior Business Development Manager job openings on our job board. Use the search bar below to find your perfect match.
In-Focus Systems
Minneapolis, MN
In-Focus Systems | Minneapolis, MN
Job Description. Job Description. Commercial Business Development Manager. In-Focus Systems | Greater Minneapolis–St. Paul Area | Full-Time. In-Focus Syste... more
2 Days Ago
Meyers Printing
Minneapolis, MN
Meyers Printing | Minneapolis, MN
Job Description. Job Description. We are seeking a highly motivated and experienced **Business Development Manager **to join our team. This role is essenti... more
3 Days Ago
BCI Construction INC
Sauk Rapids, MN
BCI Construction INC | Sauk Rapids, MN
Job Description. Job Description. We know you're not just looking for a great career, you're looking for a company with a positive culture that will suppor... more
3 Days Ago
Bay West LLC
Saint Paul, MN
Bay West LLC | Saint Paul, MN
Job Description. Job Description. Who We Are. Quality Work. Quality Results. Bay West stands at the forefront of the environmental consulting and remediati... more
4 Days Ago
Dalsin Industries Inc
Minneapolis, MN
Dalsin Industries Inc | Minneapolis, MN
Job Description. Job Description. Position Summary/Reporting Relationships. The New Business Development Manager identifies, qualifies, develops, and conve... more
4 Days Ago
Lakehead Constructors, Inc.
St Michael, MN
Lakehead Constructors, Inc. | St Michael, MN
Business Development Manager – Industrial. St. Michael MN. . Founded in 1916, Lakehead Constructors, Inc. is a leading construction company in the Twin Por... more
5 Days Ago
Get a Salary Increase
Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings
Search thousands of open positions to find your next opportunity.
Adjust Employee Salary
Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs
Get the latest market price for benchmark jobs and jobs in your industry.
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.
Explore Cost of Living CalculatorSalary.com experts will help you thrive your workplaces.
Salary.com provides salary survey data for thousands of industry Jobs.
Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Salary.com's CompAnalyst platform offers:
