The PayScale Index (US): Trends in Compensation

2012: Way up north, the news on wage growth thawed slightly. In Q1 2012, Minneapolis wages grew 0.2 percent from the previous quarter. However, this small warm-up was not enough to bring Minneapolis wages in line with national wage trends.

2007-2011: The market price for all of those polite hockey fans in Minneapolis mostly tracked with national trends between 2007 and 2011. In Q3 2008, wages in Minneapolis peaked slightly earlier than the national average of Q4 2008. But, a very gentle downward slide after this peak left Minneapolis at effectively the same point in Q1 2009, relative to 2006, as the rest of the country.

Minneapolis workers’ earnings were hard hit in the first half of 2009. They rebounded a bit from this low point during 2009 and moved in a narrow range through 2010. Though still above their 2010 lows, wages in mighty Minneapolis were weak in 2011.

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The Minneapolis Metro Area includes people in Minneapolis, Minn.; St. Paul, Minn.; Bloomington, Minn.; Pierce County, Wis.; St. Croix County, Wis.; and the surrounding areas.

The PayScale Index tracks quarterly changes in total cash compensation for full-time, private industry employees in the United States. In addition to a national index, it includes separate indices for specific industries, metropolitan areas, job categories, and company sizes. The PayScale Index uses 2006 average total cash compensation as a baseline.

See full methodology for compensation trend reports.

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