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Marketing Manager in Lakeville, MN

Median Salary

$50,674

Above National Avg

Hourly Wage

$24.36

Dollars / Hr

Workforce

N/A

Total Jobs

Growth

+3%

10-Year Outlook

The Salary Picture: Where Lakeville Stands

As a local, I’ve watched Lakeville’s professional scene evolve from a bedroom community into a self-sustaining economic hub. For Marketing Managers, the financial picture is strong, but it’s nuanced by the specific industries that dominate our local market—manufacturing, healthcare, and retail—rather than the tech-heavy concentrations you might find in Minneapolis proper. The median salary for a Marketing Manager in Lakeville is $159,747/year, which translates to an hourly rate of $76.8/hour. This places Lakeville slightly above the national average of $157,620/year, a modest but meaningful premium that reflects our local cost of living and demand for skilled professionals who understand the Twin Cities South Metro market.

Experience is the primary driver of compensation, as it is everywhere. Here’s a realistic breakdown based on local job postings and industry conversations:

Experience Level Estimated Years Salary Range (Annual) Key Responsibilities
Entry-Level 0-3 years $75,000 - $95,000 Campaign execution, social media management, basic analytics, supporting senior staff.
Mid-Level 4-7 years $110,000 - $140,000 Leading campaigns, managing a small team or agency, budget oversight, strategy development.
Senior-Level 8-12 years $145,000 - $175,000 Department leadership, multi-channel strategy, P&L responsibility, executive reporting.
Expert/Leadership 12+ years $175,000+ C-suite (CMO) or Director-level roles, company-wide strategy, mergers & acquisitions, board-level presentations.

Insider Tip: In Lakeville, senior-level marketers at large local employers (like Schwan's or Cummins) often see total compensation packages that include significant bonuses and equity, pushing them well above the median. Don't just look at the base salary.

Compared to other Minnesota cities, Lakeville offers a compelling value proposition. While Minneapolis and St. Paul have a higher concentration of Fortune 500 headquarters (like Target and U.S. Bank), the median salary there is often offset by a higher cost of living and longer commutes. Rochester, with the Mayo Clinic ecosystem, has competitive salaries in the healthcare marketing space but a smaller overall job market. For a Marketing Manager, Lakeville strikes a balance: you get access to the Twin Cities metro job market (over 152 available positions) with a more manageable, suburban lifestyle and a lower daily stress factor. The 10-year job growth for marketing roles in the metro is projected at 8%, which is steady and indicates sustained demand, particularly for managers with digital and B2B expertise.

šŸ“Š Compensation Analysis

Lakeville $50,674
National Average $50,000

šŸ“ˆ Earning Potential

Entry Level $38,006 - $45,607
Mid Level $45,607 - $55,741
Senior Level $55,741 - $68,410
Expert Level $68,410 - $81,078

Wage War Room

Real purchasing power breakdown

Select a city above to see who really wins the salary war.

The Real Take-Home: After Taxes and Rent

Let’s get practical. A $159,747 salary sounds excellent, but what does it mean for your daily life in Lakeville? We’ll use a conservative estimate for take-home pay after state and federal taxes, plus Social Security and Medicare. For a single filer in Minnesota, you can expect roughly 65-70% of your gross pay as net income. We’ll use 70% for this calculation, which is a common estimate for high-earning professionals.

  • Gross Annual Salary: $159,747
  • Estimated Monthly Take-Home (after ~30% taxes): ~$9,320
  • Average 1BR Rent in Lakeville: $1,201/month

Monthly Budget Breakdown:

  • Housing (1BR Apt): $1,201
  • Utilities (Electric, Gas, Internet): $200
  • Groceries & Household: $600
  • Transportation (Car, Gas, Insurance): $600 (Lakeville is car-dependent)
  • Health Insurance (Employer Contribution): $300 (Out-of-pocket estimate)
  • Student Loans/Debt: $500 (Variable)
  • Retirement Savings (10%): $1,331
  • Entertainment/Dining Out: $800
  • Miscellaneous/Buffer: $788

This leaves a healthy buffer, indicating that a Marketing Manager earning the median salary can live comfortably in Lakeville. The key question for many is home ownership.

Can They Afford to Buy a Home?
Absolutely. The median home price in Lakeville is approximately $420,000. With a $159,747 salary, a 20% down payment ($84,000) is achievable with disciplined savings over 2-3 years. A 30-year mortgage at 6.5% interest on a $336,000 loan would result in a monthly principal and interest payment of around $2,125. Adding property taxes (Lakeville’s rate is moderate, around 1.1%) and insurance, your total housing payment might reach $2,600. This is roughly 27% of your gross monthly income—well within the recommended 28-36% range. It’s very feasible, especially for dual-income households.

šŸ’° Monthly Budget

$3,294
net/mo
Rent/Housing
$1,153
Groceries
$494
Transport
$395
Utilities
$264
Savings/Misc
$988

šŸ“‹ Snapshot

$50,674
Median
$24.36/hr
Hourly
0
Jobs
+3%
Growth

Where the Jobs Are: Lakeville's Major Employers

Lakeville’s economy is diverse, with a strong base in manufacturing, healthcare, and retail. Marketing roles here are often tied to B2B industries, but there are also significant B2C opportunities. Here’s a look at the major local employers and their marketing hiring trends:

  1. Schwan's Company: A giant in food distribution and home delivery. Their headquarters and major operations are in nearby Marshall, but they have a significant presence in the Twin Cities area, including Lakeville. They hire for brand marketing, customer experience, and digital marketing roles. Hiring Trend: Steady, with a focus on data-driven customer retention strategies.
  2. Cummins, Inc.: The global power leader has a major manufacturing and technical center in Lakeville. Marketing roles here are almost exclusively B2B and technical, requiring experience with industrial marketing, trade shows, and partner marketing. Hiring Trend: Consistent, tied to their large-scale industrial projects.
  3. Lakeville Area Public Schools (ISD 194): One of the largest employers in the city. They hire for communications and community engagement roles, which are marketing-adjacent. These roles focus on internal communications, district branding, and community relations. Hiring Trend: Stable, with openings every few years.
  4. Fairview Health Services (Fairview Ridges Hospital): Located in Burnsville, immediately adjacent to Lakeville, this is a major healthcare employer. They need marketers for health system branding, patient acquisition, and service line promotion. Hiring Trend: Growing, especially in digital health marketing.
  5. Anderson Family Companies (Hoffman & McMullen): A major local construction and real estate development firm. Their marketing needs are project-based, focusing on commercial and residential development. Hiring Trend: Cyclical, tied to the local construction market, which has been strong.
  6. The Home Depot: The Lakeville area has multiple locations, and the corporate region manages them. Regional marketing managers are needed for local promotions, community events, and store-level campaigns. Hiring Trend: Consistent, with a focus on omnichannel marketing.
  7. Local Marketing Agencies: While not "employers" in the traditional sense, agencies like Salo (in nearby Bloomington) and others in the south metro serve Lakeville's business community and are a key source of contract and full-time opportunities for marketing professionals.

Insider Tip: Many Lakeville-based marketing professionals work remotely for companies based in Minneapolis or St. Paul. The commute via I-35W and US-13 is manageable (25-45 minutes), so don’t limit your search to city limits. The local job boards are active, and networking with the local Lakeville Area Chamber of Commerce is invaluable.

Getting Licensed in MN

This is a critical point for clarity: Marketing Managers do not require a state license to practice in Minnesota. Unlike accountants, lawyers, or real estate agents, there is no mandatory state licensure for marketing professionals. The field is unregulated, and qualifications are based on experience, education, and portfolio.

However, there are important certifications and educational paths that can advance your career:

  • Professional Certifications: While not state-issued, certifications from national bodies are highly valued. The Digital Marketing Institute (DMI) and American Marketing Association (AMA) offer respected credentials. The HubSpot Inbound Marketing Certification is free and widely recognized. These can be pursued online at any time.
  • Educational Requirements: A bachelor’s degree in Marketing, Business, Communications, or a related field is the standard entry requirement. An MBA or Master’s in Marketing can be a significant differentiator for senior roles, though it’s not required. Local universities like the University of Minnesota (Twin Cities) and Normandale Community College (Bloomington) offer relevant programs.
  • Costs and Timeline: Certification costs range from $0 (free online courses) to $2,500+ for advanced programs. There is no "timeline" to get started; you can begin applying for jobs immediately. For those without a degree, building a strong portfolio through freelance work or internships is the primary path.
  • Regulatory Body: For any business-related queries, the Minnesota Department of Commerce oversees general business regulations, but marketing practices are not under its specific purview. For ethical guidelines, the AMA's Code of Ethics is the industry standard.

Best Neighborhoods for Marketing Managers

Lakeville is a sprawling city of over 36 square miles. Where you live affects your commute, lifestyle, and budget. Here are the top neighborhoods for marketing professionals:

  1. Central Lakeville (Downtown): The heart of the city, with a growing mix of apartments, condos, and single-family homes. It’s walkable to local shops and restaurants. Commute to major employers is minimal. Rent Estimate: $1,350 - $1,600/month for a 1BR.
  2. Airlake Industrial Area: While primarily commercial, the surrounding residential areas offer newer construction and easy highway access. Ideal for those who value a short commute to manufacturing and distribution employers. Rent Estimate: $1,250 - $1,450/month for a 1BR.
  3. West Lakeville (Near Rahn Creek Park): More suburban, with larger single-family homes, great schools, and parks. Popular with families and those seeking a quieter lifestyle. Commute can be 15-20 minutes to the east side of the metro. Rent Estimate: $1,200 - $1,400/month for a 1BR; home prices are higher here.
  4. North Lakeville (Near 185th St & Penn Ave): A mix of older and newer homes with a strong community feel. Offers convenient access to I-35W for commuting to Minneapolis. Rent Estimate: $1,150 - $1,350/month for a 1BR.
  5. South Lakeville (Near Credit River): The quieter, more rural edge of the city. Offers more space and a slower pace, but a longer commute to core metro jobs. Rent Estimate: $1,100 - $1,300/month for a 1BR.

Insider Tip: Traffic on I-35W south of downtown is significant during rush hour. If you work in Minneapolis, look at neighborhoods in Burnsville or Savage, which are just minutes away but might offer slightly lower prices.

The Long Game: Career Growth

A Marketing Manager in Lakeville isn’t just managing campaigns; you’re positioning a business in a competitive regional market. Long-term growth is excellent but requires strategic specialization.

  • Specialty Premiums: Expertise in B2B Industrial Marketing (for manufacturing) or Healthcare Marketing (for hospitals) can command a 10-15% salary premium. Data Analytics and Marketing Technology (MarTech) skills are in high demand across all industries and will set you apart.
  • Advancement Paths: The typical path is Manager -> Senior Manager -> Director of Marketing -> VP of Marketing/CMO. In Lakeville’s mid-market companies, the "VP" title might be used for a department head of 5-10 people. Another path is to move into Product Management or Business Development, leveraging marketing skills in adjacent fields.
  • 10-Year Outlook (8% Growth): The projected 8% job growth is solid. It means the field is expanding, but competition for senior roles will remain. The key to staying relevant will be continuous learning in digital tools, AI-driven marketing, and understanding the nuances of the local market. The rise of remote work also opens up Lakeville-based marketers to national opportunities, which can significantly increase earning potential over a decade.

The Verdict: Is Lakeville Right for You?

Lakeville offers a high quality of life for marketing professionals, but it’s not for everyone. Here’s a straightforward assessment:

Pros Cons
Above-Median Salary ($159,747) relative to a moderate cost of living. Limited "big city" culture; quieter nightlife and fewer networking events.
Strong Local Job Market (152 jobs in metro) with low unemployment. Car dependency is high; public transit is limited.
Excellent for Home Ownership due to affordable housing relative to income. Fewer Fortune 500 headquarters; may require commuting to Minneapolis for top-tier CMO roles.
Family-Friendly with top-rated schools and safe neighborhoods. The professional network is smaller; you must be proactive in building connections.
Strategic Location within the Twin Cities metro for easy access to larger markets. Specialized roles (e.g., luxury brand marketing) are scarce locally.

Final Recommendation: Lakeville is an excellent choice for Marketing Managers who value work-life balance, want to build long-term wealth through home ownership, and enjoy a suburban lifestyle. It’s particularly well-suited for those in B2B, industrial, healthcare, or retail marketing. If you’re a single professional seeking a vibrant, dense urban environment with endless cultural amenities, you might prefer living in Minneapolis. But if your goal is a stable, high-earning career where your salary has real purchasing power, Lakeville is a smart, data-driven move.

FAQs

1. What is the job market really like for Marketing Managers in Lakeville?
It's robust but competitive. The 152 jobs in the metro indicate plenty of openings, but you need a strong, tailored resume. Companies here look for managers who understand the local B2B and industrial landscape. Networking through the Lakeville Chamber of Commerce and LinkedIn is essential.

2. How does the commute to Minneapolis affect daily life?
A commute to downtown Minneapolis is typically 25-40 minutes via I-35W. It’s manageable but can be congested. Many professionals in Lakeville work hybrid or fully remote. If you work in the city, living in a neighborhood near I-35W is key.

3. Is the $159,747 median salary realistic for a new resident?
It's realistic for someone with 8+ years of experience. If you're relocating with less experience, you should target the $110,000 - $140,000 range for mid-level roles. Be prepared to show how your skills translate to Lakeville's primary industries (manufacturing, healthcare, retail).

4. Do I need an MBA to advance to senior levels?
Not necessarily. In Lakeville's mid-market employers, proven results and leadership experience often outweigh an MBA. However, an MBA from a reputable school (like the University of Minnesota's Carlson School of Management) can accelerate your path to executive roles, especially if you're aiming for a C-suite position in a larger company.

5. What's the best way to find housing in Lakeville?
Use platforms like Zillow, Apartments.com, and local property management company websites. It’s a competitive rental market, so start your search 60-90 days before your move. For buying, connect with a local realtor who knows the Lakeville market well; inventory can move quickly in desirable neighborhoods.

Data Sources: Bureau of Labor Statistics (OEWS May 2024), MN State Board, Bureau of Economic Analysis (RPP 2024), Redfin Market Data
Last updated: January 28, 2026 | Data refresh frequency: Monthly