Head of New Business Salary in Minnesota Comparison by Location
Nationwide
United States
$323,856
Minnesota
United States
$331,401
How much does a Head of New Business earn in Minnesota
As of April 01, 2025, a Head of New Business in Minnesota earns
an average salary of $331,401 per year.
A Head of New Business's salary in Minnesota can be paid hourly,
weekly or monthly depending on the company and job type.
Most part-time jobs will be paid hourly or weekly.
Using the salary calculator,
the average pay comes out to be about $159 an hour
or $6,373/week
or $27,617/month.
The average salary of a Head of New Business ranges
from $288,778 to $386,857.
The average salary range for a Head of New Business varies widely,
which indicates that there are many opportunities for advancement, promotions, and salary increases.
These opportunities depend on many factors, including skills, education, certifications, location, and years of experience.
Minnesota is ranked 12th out of 51 states nationwide for Head of New Business salaries.
Salary.com helps you determine your exact pay target by estimating the most accurate annual salary range for Head of New Business jobs,
with more online, real-time compensation data than any other website.
What is the Average Head of New Business Salary by City in Minnesota?
Below is a list of the average salaries for a Head of New Business in 10 cities in Minnesota.
We've identified 114 cities where the typical salary for
a Head of New Business job is above the average in Minnesota.
The top-paid city for Head of New Business is Hopkins
and the average salary for a Head of New Business job is earned $338,947
which is higher than the average in Minnesota.
This is followed by Mendota and Minneapolis in second and third places,
which beat the average in Minnesota
by $7,546(2.28%)
and $7,546(2.28%) respectively. In fourth place is Minnetonka with a salary of $338,947,
which is higher than the Minnesota average salary. Saint Paul and Osseo continue the rankings.
Based on the summary of average salaries paid by cities in Minnesota,
the Head of New Business job market in Hopkins is relatively active
with a higher salary paid to compare to other cities in Minnesota.
Finally, Head of New Business jobs pay differently by city, even if they are in Minnesota.
The cost of living might be a key factor when considering the location and salary of a Head of New Business position.
CITY
Annual Salary
Monthly Pay
Weekly Pay
Hourly Wage
Hopkins
$338,947
$28,246
$6,518
$163
Mendota
$338,947
$28,246
$6,518
$163
Minneapolis
$338,947
$28,246
$6,518
$163
Minnetonka
$338,947
$28,246
$6,518
$163
Saint Paul
$338,947
$28,246
$6,518
$163
Osseo
$338,753
$28,229
$6,514
$163
Circle Pines
$338,559
$28,213
$6,511
$163
Wayzata
$338,559
$28,213
$6,511
$163
Eden Prairie
$338,364
$28,197
$6,507
$163
Navarre
$338,364
$28,197
$6,507
$163
What Similar Jobs are Paid to Head of New Business in Minnesota?
There are 11 jobs that we find are related to the Head of New Business job category,these similar jobs include Annuities Supervisor (New Business),Head of Business Development,New Business Generation Officer I,New Business Generation Officer II,Annuities Representative (New Business),New Business Analyst,New Business Developer,New Business Manager,New Business Specialist,New Business Consultant,and New Business Coordinator.
All of these 11 jobs are paid
between $48,130 to $296,793,
and the Head of Business Development gets the highest paid with $296,793 from them.
Those similar job salaries are paid differently by many factors such as company size, department base, responsibility, and others.
If you're qualified to be hired for one of these similar jobs to the Head of New Business,
you could refer to the below list of job salaries based on market prices in Minnesota.