Is $120k a good salary in Minneapolis, MN?
comfortable A $120k salary is 20% above the median household income here ($99,833). After tax you take home about $7,091 a month, and median rent ($1,440) takes 20% of that.
$85,090 take-home a year
| Gross pay | $120,000 |
| Federal income tax | −$17,570 |
| Social Security + Medicare | −$9,180 |
| Minnesota income tax (approx.) | −$8,160 |
| Monthly take-home | $7,091 |
| Every two weeks | $3,273 |
$114,480What $120k buys in Minneapolis, MN, expressed in average-US prices (price level 104.8).
20%Rent share of take-home. Under 25% is comfortable, 25–35% workable, above 35% tight.
Jobs that pay about $120k in Minneapolis, MN
- Software Developers $130,920
- Computer Systems Analysts $112,090
- Medical and Health Services Managers $126,880
- Construction Managers $126,920
- Industrial Production Managers $127,640
- Data Scientists $129,780
- Transportation, Storage, and Distribution Managers $124,600
- Education Administrators, Kindergarten through Secondary $130,650
Other salaries in Minneapolis, MN
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Median household income and rent: Census 2024 ACS 5-year. Household income covers all earners, so compare with care if you live alone. Take-home is an estimate for a single filer.