Minnesota Equity Fund Salary

How much does the Minnesota Equity Fund Pay for employees?

As of August 2026, the average annual salary for employees at Minnesota Equity Fund in the United States is $98,476. This translates to an approximate hourly wage of $47. Salaries at Minnesota Equity Fund typically range from $86,357 to $111,647 annually, reflecting the diverse roles and experience levels within the company. Minnesota Equity Fund’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Minnesota Equity Fund

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Is Minnesota Equity Fund’s Pay Competitive? Salary Benchmarking Analysis

How does Minnesota Equity Fund’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Minnesota Equity Fund
Financial Services
image: First Hawaiian Bank
Trump Diversified Casino Holdings
Industry Comparison
Our data shows that, on average, compensation at Minnesota Equity Fund is below the average for the U.S. Financial Services industry by approximately 19%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Minnesota Equity Fund average annual salary with several similar companies. Minnesota Equity Fund average salary of $98,476 is higher than image: First Hawaiian Bank, which has an average salary of $93,729. It is higher than Trump Diversified Casino Holdings, with their average salary at $86,641. This places Minnesota Equity Fund in a competitive position among its peers.
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Employee Reviews: Working at Minnesota Equity Fund

Considering a career at Minnesota Equity Fund? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Excellent internal mobility and training. The company fosters a highly collaborative culture that encourages innovation and professional growth. Benefits, including retirement contributions and wellness programs, are comprehensive. It's fulfilling to be part of an organization that genuinely cares about its reputation and client satisfaction. Leadership training prepares high-potential employees f...
The company balances structure with flexibility, encouraging autonomy within defined goals. The company actively promotes internal mobility and provides excellent mentorship programs. The culture here supports ambitious professionals who value integrity and results. Management listens, feedback matters, and collaboration is genuine. Great mentorship and professional development. Training accompani...
Training is robust and well-structured. I feel motivated by the company’s dedication to client success and innovation in financial services. The company's strong reputation in the industry makes me proud to work here. Pay and benefits are competitive and it is somehow outstanding. Transparent leadership and well-organized processes create a positive experience.

Minnesota Equity Fund Overview

Website
www.mnequityfund.org
Founded In
2008
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
332 Minnesota St Saint Paul Minnesota MN 55101
Revenue
<$5 Million
Phone Number
+1 6513507220
Social Media
About Minnesota Equity Fund
Minnesota Equity Fund (MEF) is a subsidiary of Greater Minnesota Housing Fund (GMHF). MEF and Cinnaire are joint venture partners collaborating to achieve our common mission to create more high quality affordable housing.

What Benefits Does Minnesota Equity Fund Offer Beyond Salary?

A competitive compensation package is more than just a salary. Minnesota Equity Fund offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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How Much Should You Be Earning?

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What Is the Cost of Living Near Saint Paul?

Understanding the cost of living near Saint Paul is key to truly evaluating a salary offer or your current compensation at Minnesota Equity Fund.
Saint Paul's Cost of Living Index is approximately 101.5 (1.5% more expensive than US average; 4.5% more than MN average). State capital, slightly more affordable housing than Minneapolis. Metro Transit. When planning your budget based on a salary from Minnesota Equity Fund, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Minnesota Equity Fund salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,750 - $4,200+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Minnesota Equity Fund

1. What is the estimated average total compensation at Minnesota Equity Fund?

Salary.com estimates that the average total compensation package at Minnesota Equity Fund, which can include base salary, potential bonuses, and benefits, is around $98,476 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Minnesota Equity Fund pay compared to image: First Hawaiian Bank?

The average annual salary at Minnesota Equity Fund is $98,476, or an hourly wage of $47, in comparison to image: First Hawaiian Bank which pays $93,729 per year or $45 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Minnesota Equity Fund?

Salary progression from an entry-level to a senior role at Minnesota Equity Fund can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Minnesota Equity Fund in Saint Paul is fair given the local cost of living?

To determine if a salary offer from Minnesota Equity Fund in Saint Paul is fair, first compare the gross salary to our data for similar roles at Minnesota Equity Fund and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Saint Paul" to understand its purchasing power.

5. Are promotions at Minnesota Equity Fund usually accompanied by a significant salary increase?

Yes, promotions at Minnesota Equity Fund are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.