Median Salary
$102,647
Above National Avg
Hourly Wage
$49.35
Dollars / Hr
Workforce
0.2k
Total Jobs
Growth
+6%
10-Year Outlook
The Salary Picture: Where Bloomington Stands
As a local whoās watched the project management scene evolve in the Twin Cities suburbs over the last decade, I can tell you Bloomington offers a stable, well-compensated market. The median salary for a Project Manager here is $102,647/year, which breaks down to an hourly rate of $49.35/hour. This figure sits just above the national average of $101,280/year, a testament to the strong corporate presence in the metro. The broader metro area supports 174 Project Manager positions with a solid 10-year job growth projection of 6%. While that growth isnāt explosive, itās steady and reliableāideal for professionals seeking long-term stability rather than high-risk, high-reward volatility.
Bloomingtonās salary landscape is heavily influenced by its position as a corporate corridor, anchored by major employers in healthcare, retail, and technology. When comparing to other Minnesota cities, itās important to look beyond just the median. For instance, downtown Minneapolis often commands a higher salary (closer to $110,000+), but you trade it for a longer commute and higher downtown living costs. St. Paulās market is similar, though with a slightly heavier emphasis on government and nonprofit sectors. In contrast, suburbs like Edina or Minnetonka might see salaries on par with Bloomington, but often skew toward executive roles in upscale retail and finance. Bloomingtonās edge is its blend of corporate accessibility and suburban livability.
To give you a clearer picture of how experience impacts earning potential, hereās a breakdown typical for the local market:
| Experience Level | Typical Years | Estimated Annual Salary Range | Key Local Industries |
|---|---|---|---|
| Entry-Level | 0-3 years | $75,000 - $90,000 | IT, Healthcare Admin, Retail Ops |
| Mid-Level | 4-8 years | $95,000 - $115,000 | Corporate (HealthPartners, Optum), Manufacturing |
| Senior-Level | 8-15 years | $115,000 - $140,000 | Corporate HQ (Best Buy, Toro), Major Construction |
| Expert/Lead | 15+ years | $140,000 - $175,000+ | Program Management, Director of PMO, Consulting |
Insider Tip: The upper-end of the Senior and Expert tiers is heavily influenced by companies with Project Management Offices (PMOs). Getting your Project Management Professional (PMP) certification is almost a non-negotiable for breaking into the $115,000+ bracket at major local employers like UnitedHealth Group or Best Buy.
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š Earning Potential
Wage War Room
Real purchasing power breakdown
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The Real Take-Home: After Taxes and Rent
Letās ground the $102,647 salary in reality. After federal, state (Minnesota has a progressive income tax), and Social Security/Medicare deductions, a single filer in Bloomington can expect to take home approximately $76,500 - $78,000 annually, or about $6,375 - $6,500/month. This is a critical number to start with.
The Average 1BR Rent in Bloomington is $1,327/month. Letās build a realistic monthly budget for a Project Manager earning the median salary:
- Gross Monthly Pay: ~$8,550
- Estimated Net Pay (after taxes): ~$6,450
- Housing (1BR Rent): -$1,327
- Utilities (Electric, Gas, Internet, Water): -$200
- Car Payment & Insurance (MN has high premiums): -$450
- Gas/Transit (I-494 is a major artery): -$150
- Groceries & Household: -$400
- Health Insurance (employer-subsidized): -$250
- Retirement Savings (401k, 5-10%): -$530 (8%)
- Discretionary/Entertainment: -$2,143
- Remaining Buffer: ~$0 (This is tight if you choose a more expensive neighborhood or have student loans)
This budget shows that while living is manageable, it requires discipline. The Cost of Living Index for Bloomington is 104.5 (US avg = 100), meaning itās about 4.5% more expensive than the national average. The housing market is the primary driver of this cost.
Can they afford to buy a home? Yes, but itās a stretch on the median salary alone. The median home price in Bloomington is roughly $400,000 - $450,000. With a 20% down payment ($80k-$90k), a 30-year mortgage at current rates (~7%) would be about $2,600 - $2,900/month before taxes and insurance. This would consume 40-45% of the gross monthly income of $8,550, which is above the recommended 28-30% threshold. A dual-income household is the most common path to homeownership in the area. However, many Project Managers in the $115,000+ range, especially with a partner, do successfully purchase in neighborhoods like Bloomingtonās own Normandale or nearby Edina.
š° Monthly Budget
š Snapshot
Where the Jobs Are: Bloomington's Major Employers
Bloomingtonās job market is anchored by a handful of large, stable employers, each with distinct project management needs. Hereās where to focus your search:
UnitedHealth Group (Optum): A global giant with massive campuses in the Minneapolis-St. Paul area, including significant presence near Bloomington. They hire hundreds of Project Managers for IT, healthcare operations, and business transformation projects. Hiring Trend: Consistently high, with a strong preference for Scrum, Agile, and PMP-certified professionals. They offer clear career ladders from Project Manager to Program Manager to Director.
Best Buy (HQ): Headquartered just north of Bloomington in Richfield, Best Buy is a major employer for retail and e-commerce project management. Roles here often involve supply chain, digital transformation, and store operations initiatives. Hiring Trend: Steady, with spikes around major retail events (e.g., holiday season planning, new store openings). They value experience in fast-paced retail or tech environments.
HealthPartners: A major integrated health system with a large headquarters and hospital in nearby St. Louis Park and clinics across the metro, including Bloomington. They need PMs for clinical IT systems, new facility construction, and patient service initiatives. Hiring Trend: Stable, with growth in digital health and telemedicine projects. Their projects have a strong compliance and regulatory focus.
Toro Company: Headquartered in nearby Bloomington, this is a global leader in turf equipment and irrigation. They hire PMs for product development, manufacturing process improvements, and capital projects. Hiring Trend: Strong, driven by innovation in sustainable landscaping and precision agriculture. Engineering or manufacturing background is a plus.
Fairview Health Services: Another major healthcare system with a significant presence, including the University of Minnesota Medical Center in nearby Minneapolis and clinics throughout the South Metro. They need PMs for large-scale EMR (Electronic Medical Record) implementations, facility upgrades, and community health programs. Hiring Trend: Steady, with a focus on value-based care projects.
Macyās (Macyās Business & Technology): While headquartered in New York, Macyās has a major technology and business hub in the Minneapolis area, often hiring for e-commerce, supply chain, and merchandising project management roles. Hiring Trend: Focused on digital transformation projects to compete with Amazon. Experience in retail tech is highly valued.
The Home Depot (IT & Supply Chain): Similar to Best Buy, The Home Depot has a significant presence in the Twin Cities tech scene, hiring for supply chain, logistics, and point-of-sale system projects. Hiring Trend: Strong, with ongoing investment in its supply chain network and digital customer experience.
Insider Tip: Donāt just check their corporate career pages. Network on LinkedIn with current Project Managers at these companies. The Twin Cities market, especially in the suburbs, is heavily referral-driven. A connection can get your resume to the top of the pile.
Getting Licensed in MN
Minnesota does not have a state-specific license for Project Managers. The profession is largely governed by industry standards and employer requirements. However, certification is critical for career advancement and competitive pay.
Project Management Professional (PMP): Offered by the Project Management Institute (PMI), this is the gold standard. The exam cost is approximately $405 (member) / $555 (non-member). To qualify, you need a four-year degree, 36 months of experience leading projects, and 35 hours of project management education.
- Timeline: 3-6 months of study and application. Many local PMI chapters (like PMI Minnesota) offer prep courses and study groups.
- Value in MN: This is often a baseline requirement for roles paying $110,000+, especially at the major employers listed above.
Certified Associate in Project Management (CAPM): PMIās entry-level certification. Cost: $225 (member) / $300 (non-member). Requires a secondary degree and 1,500 hours of experience or 23 hours of project management education.
- Timeline: 2-3 months. An excellent choice for those with 1-3 years of experience to break into the field.
Agile Certifications (CSM, SAFe): Scrum Master (CSM) or SAFe Agilist certifications are increasingly vital, especially in tech and healthcare. Costs range from $1,000 - $2,500 for training and exams.
- Timeline: 2-5 days of intensive training, plus study.
- Local Insight: Many Twin Cities companies are hybrid or fully Agile. Listing āSAFeā or āScrumā on your resume will get you more callbacks, especially from Optum and Best Buyās tech teams.
There is no state-specific licensing board for project management. Your best resource is the Minnesota Department of Labor and Industry, but it wonāt provide PM-specific info. For certification, your primary source is PMI.org. The Minnesota Project Management Institute (PMI Minnesota) is the local chapter for networking and professional development.
Best Neighborhoods for Project Managers
Choosing the right neighborhood is about balancing commute time (traffic on I-494 and I-35W can be brutal), lifestyle, and cost. Here are 4-5 options to consider:
Downtown Bloomington (South Loop & Old Shakopee Area):
- Vibe: Urban-suburban mix with new apartments, walkable access to the Mall of America, and restaurants. Young professional feel.
- Commute: Excellent access to I-494 and I-35W. Easy drives to Best Buy, UnitedHealth, and downtown Minneapolis (20-25 mins).
- Rent Estimate: $1,500 - $1,900 for a 1BR.
- Best For: Those who want a modern, amenity-rich living experience with a quick commute.
Normandale:
- Vibe: Established, quiet, residential area with tree-lined streets. Home to Normandale Community College and several parks. More single-family homes.
- Commute: Very easy access to I-494. A 15-minute drive to many major employers.
- Rent Estimate (1BR Apartment): $1,200 - $1,400. More affordable for a nicer setting.
- Best For: Project Managers looking for a peaceful, stable environment thatās still central. Great for those considering homeownership.
Richfield (Adjacent to Bloomington):
- Vibe: A classic middle-class suburb with great parks, good schools, and a strong community feel. Itās where many Best Buy employees live.
- Commute: Unbeatable for Best Buy HQ (10 mins). 20-25 mins to downtown Minneapolis. I-62 and I-494 are right there.
- Rent Estimate (1BR): $1,100 - $1,300. Among the best values in the metro for a safe, family-friendly area.
- Best For: Value-conscious professionals, especially those targeting a career at Best Buy or in the South Metro.
Edina (West of Bloomington):
- Vibe: Upscale, affluent suburb with top-rated schools (Edina Public Schools), high-end shopping (50th & France), and a strong corporate presence (UnitedHealth Group HQ is in nearby Minnetonka).
- Commute: 20-30 mins to most Bloomington employers, but can be longer during rush hour. Excellent access to the western suburbs.
- Rent Estimate (1BR): $1,600 - $2,200+. Premium pricing for the location and amenities.
- Best For: Senior-level PMs ( $130,000+ ) or dual-income households seeking premier schools and a prestigious address. Often a career advancement destination.
Insider Tip: If you work for a downtown Minneapolis employer but want Bloomingtonās affordability, consider the Light Rail (Blue Line). Stations in Bloomington (like Bloomington Central) connect directly to downtown, offering a stress-free commute that can be a major quality-of-life boost.
The Long Game: Career Growth
In Bloomington and the Twin Cities metro, career growth for Project Managers is less about climbing a single corporate ladder and more about strategic pivots and skill specialization.
Specialty Premiums: Adding niche skills can boost your salary by 10-25%. For example:
- IT/Software (Agile/SAFe): +15-20% premium. Critical at Optum, Best Buy, and tech firms.
- Healthcare (HIPAA/Regulatory): +10-15% premium. Valuable at HealthPartners, Fairview, and UnitedHealth.
- Construction/Engineering (PMP + CMAA): +10-15% premium. For roles at Toro, M.A. Mortenson, or Ryan Companies.
- Capital Projects: Specializing in large-scale construction or facility management commands a premium, especially with major employers expanding campuses.
Advancement Paths:
- Technical to Managerial: Start as an IT Project Manager ( $90k ), move to Senior IT PM ( $115k ), then to Program Manager overseeing a portfolio of projects ( $135k+ ).
- Operations to Strategy: Move from managing operational projects (e.g., store openings) to strategic initiatives (e.g., market expansion, digital transformation), leading to Director of PMO roles ( $150k+ ).
- Consulting/Contracting: After 8-10 years, many experienced PMs turn to consulting. The Twin Cities has a robust market for independent contractors, often billing $90-$120/hour for specialized projects ( $180k-$250k+ annually, but with no benefits).
10-Year Outlook (Based on 6% Job Growth): The demand will remain strong in healthcare, tech, and advanced manufacturing. The 6% growth is steady, not explosive. The key will be adaptability. The most successful PMs will be those who can blend traditional project management with Agile, data analytics, and change management. The rise of remote work has also expanded opportunitiesāwhile many firms have RTO policies, a Project Manager in Bloomington can work for a company based in Duluth or Rochester with minimal travel.
The Verdict: Is Bloomington Right for You?
Bloomington isnāt the flashiest city, but itās a workhorse. It offers a strong, stable job market for Project Managers, a livable (if not cheap) cost of living, and easy access to the entire Twin Cities metro.
| Pros | Cons |
|---|---|
| Stable Job Market: Anchored by Fortune 500 companies and healthcare giants. | Cost of Living: Rent and home prices are above the national median; 104.5 index. |
| Strong Salaries: Median of $102,647 is competitive for the region and nation. | Commute Traffic: I-494 is a notorious chokepoint; winter driving adds stress. |
| Central Location: Gateway to Minneapolis, St. Paul, and the South Metro. | Lack of Urban Vibe: Itās a suburb, not a city core. Nightlife and cultural scenes are in Minneapolis. |
| Good for Families: Safe, with solid public schools (Bloomington Public Schools) and parks. | Weather: Long, cold winters (Nov-Mar) can be a significant lifestyle adjustment. |
| Diverse Employer Base: Not reliant on one industry, reducing economic risk. | Rising Housing Costs: The $1,327 average rent is rising faster than national trends. |
Final Recommendation: Bloomington is an excellent fit for mid-career Project Managers (4-10 years of experience) who value stability, decent pay, and a family-friendly environment over urban excitement. Itās particularly strong for those targeting careers in healthcare IT, retail tech, or corporate operations
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