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Project 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

Here is a comprehensive career guide for Project Managers considering a move to Lakeville, MN.

Project Manager Career Guide: Lakeville, Minnesota

As someone who's watched Lakeville's growth from a quiet suburb to a major employment hub, I can tell you this city offers a unique blend of suburban comfort and professional opportunity. Lakeville isn't just another Twin Cities suburb—it's a strategic location with strong industries and a quality of life that's hard to beat. This guide will give you the real picture, from salary details to neighborhood insights, so you can make an informed decision about your career move.

The Salary Picture: Where Lakeville Stands

Lakeville's project management salaries are competitive, especially when you factor in the local cost of living. Let's break down what you can expect to earn at different career stages. The numbers here are based on regional data with Lakeville-specific adjustments.

Entry-Level Project Manager (0-2 years): You're likely looking at $75,000 - $85,000/year or $36.06 - $40.87/hour. This is for those with foundational skills, perhaps a PMP certification or equivalent experience. Most entry-level roles are with smaller companies or as assistant PMs in larger organizations.

Mid-Level Project Manager (3-7 years): This is the sweet spot for Lakeville. Salaries typically range from $95,000 - $110,000/year or $45.67 - $52.88/hour. With solid experience and certifications, you're in high demand here, especially in healthcare and manufacturing.

Senior Project Manager (8-15 years): Experienced PMs can command $115,000 - $135,000/year or $55.29 - $64.90/hour. These roles often involve managing complex projects across multiple teams or departments, particularly in Lakeville's thriving healthcare sector.

Expert/Principal PM (15+ years): Top-tier project managers with specialized expertise or leadership roles can earn $140,000 - $160,000+/year or $67.31 - $76.92+/hour. These positions are typically with major employers like Fairview or large manufacturing firms.

The median salary of $102,647/year ($49.35/hour) puts Lakeville squarely in the mid-range for the Twin Cities metro. It's important to note that Lakeville's position as a southern suburb means salaries can be slightly lower than Minneapolis proper, but the cost of living savings often make up for it.

Comparison to Other Minnesota Cities:

  • Minneapolis: Higher salaries (median ~$110,000) but significantly higher cost of living
  • St. Paul: Similar to Minneapolis, slightly lower cost of living
  • Edina: Higher salaries ($115,000+) but premium housing costs
  • Rochester: Comparable salaries but with different industry focus (healthcare)
  • Bloomington: Similar to Lakeville, with more corporate headquarters presence

Lakeville's advantage is the balance—it offers competitive pay without the extreme cost pressures of the core cities.

📊 Compensation Analysis

Lakeville $50,674
National Average $50,000

📈 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 about what that $102,647/year means for your monthly budget. I'll break this down with realistic numbers for Lakeville.

Monthly Budget Breakdown (Single Project Manager):

Category Amount Details
Gross Monthly $8,554 Based on $102,647/year
Federal Tax -$1,250 Approximate (15% bracket)
State Tax (MN) -$640 Minnesota's progressive rate
FICA/Other -$655 7.65% for Social Security/Medicare
Net Monthly $6,009 Take-home pay
Rent (1BR) -$1,201 Average for Lakeville area
Utilities -$200 Electricity, gas, internet
Car Payment/Insurance -$500 Average for Lakeville (car-dependent)
Groceries -$400 For one person
Healthcare -$300 After employer contribution
Entertainment/Savings -$808 Remaining for discretionary spending
Remaining $1,601 Buffer for savings, investments, or extras

Can They Afford to Buy a Home?
With Lakeville's median home price around $380,000 (as of 2023), a Project Manager making $102,647 can qualify for a conventional mortgage. Here's the math:

  • 20% Down Payment: $76,000 (significant upfront cost)
  • Monthly Mortgage (30-year, 6.5%): ~$1,900
  • Property Tax: ~$350/month (Dakota County average)
  • Insurance: ~$125/month
  • Total Housing: ~$2,375/month

This would be about 28% of your gross monthly income, which lenders typically find acceptable. However, with $102,647 salary, saving for that $76,000 down payment would take discipline. Many Lakeville PMs start with townhomes or condos in the $250,000 - $300,000 range, which are more affordable.

Insider Tip: Many Lakeville employers, especially in healthcare and manufacturing, offer down payment assistance programs or favorable interest rates through partnerships with local credit unions like Affinity Plus or Wings Financial.

💰 Monthly Budget

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

📋 Snapshot

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

Where the Jobs Are: Lakeville's Major Employers

Lakeville's job market is surprisingly diverse for a suburb of 76,235 people. The 152 Project Manager jobs in the metro (as reported) are concentrated in these key sectors:

  1. Fairview Health Services (Southdale Hospital & Clinics): The largest employer in the area. They're constantly hiring IT and construction PMs for facility expansions and digital health initiatives. Hiring Trend: Steady growth, with focus on Epic implementation and clinic renovations.

  2. Lakeville Public Schools (ISD 194): A major employer for educational technology and facilities projects. Hiring Trend: Seasonal peaks around budget cycles (spring and fall). They value PMs with PMP or Six Sigma certifications.

  3. Bauer Built (Commercial Tire & Truck Services): A national distributor headquartered in Lakeville. They need logistics and operations PMs. Hiring Trend: Expanding into electric vehicle services, creating new PM roles.

  4. Kwik Trip (Headquarters in La Crosse, but major distribution in Lakeville): Their Lakeville distribution center employs PMs for supply chain and facility projects. Hiring Trend: Aggressive expansion of their store count drives facility projects.

  5. Schulz (Manufacturing): A leading manufacturer of truck and RV components. They hire industrial and manufacturing PMs. Hiring Trend: Reshoring of manufacturing has increased project volume.

  6. Lakeville Economic Development Authority: While not a direct employer, they work with small businesses and startups, often creating contract PM opportunities. Hiring Trend: Growth in tech and professional services firms.

  7. Target (Distribution Center): The massive distribution center in nearby Eagan (just 10 minutes away) employs many Lakeville residents. Hiring Trend: Automation and technology upgrades are driving PM hiring.

Insider Tip: The best Lakeville PM jobs often aren't advertised on national boards. They're posted on the Dakota County Workforce Development site or through local recruiters who specialize in Twin Cities manufacturing and healthcare.

Getting Licensed in MN

Minnesota doesn't require a specific state license for project managers, but professional certifications are highly valued and often expected for senior roles.

Key Certifications & Requirements:

  1. Project Management Professional (PMP): The gold standard. Offered by PMI, costs $405 - $555 for members/non-members. Requires 35 hours of education and either 36 months leading projects (with bachelor's degree) or 60 months (without). Study time: 2-3 months. Lakeville has active PMI Minnesota Chapter meetings (often at the Lakeville Library or nearby).

  2. Certified ScrumMaster (CSM): For Agile-focused roles. Costs $995 - $1,495 for the 2-day course. Quick turnaround (1-2 weeks).

  3. Six Sigma (Green/Black Belt): Valued in manufacturing. Costs vary ($2,000 - $5,000). Offered locally through Dakota County Technical College.

  4. State-Specific: For construction PMs, Minnesota requires a Builder's License for projects over $15,000. Costs $200 for the license plus exam fees. The exam is administered at Pearson VUE centers in Eagan or Burnsville.

Timeline to Get Started:

  • 0-3 months: Research and choose certification. Start with PMI membership ($129/year).
  • 3-6 months: Complete education requirements and study.
  • 6-9 months: Take exam and get certified.
  • 9-12 months: Update resume, network locally, and start applying.

Cost Breakdown (First Year):

  • PMP Certification: $555 (non-member)
  • Study Materials: $200 - $300
  • PMI Membership: $129
  • Local Networking Events: $50 - $100
  • Total: ~$934 - $1,084

Insider Tip: Dakota County Technical College in Rosemount offers PMP prep courses at a discount for Dakota County residents—often 50% off. Check their continuing education catalog.

Best Neighborhoods for Project Managers

Lakeville's neighborhoods vary significantly in terms of commute, amenities, and vibe. Here are the top choices for a Project Manager:

  1. Antlers Park Area (Central Lakeville):

    • Vibe: Established, family-friendly with older homes and mature trees.
    • Commute: 5-10 minutes to most employers, 25-35 minutes to Minneapolis.
    • Rent: $1,150 - $1,350 for 1BR
    • Best For: Those wanting classic suburban life with easy access to downtown Lakeville's restaurants and shops.
  2. Territory (New Development South):

    • Vibe: Modern, master-planned community with new construction.
    • Commute: 10-15 minutes to employers, 30-40 minutes to Minneapolis.
    • Rent: $1,250 - $1,450 for 1BR (mostly new apartments)
    • Best For: PMs who want modern amenities and are willing to pay a bit more for new construction.
  3. Historic Downtown Lakeville:

    • Vibe: Small-town charm with walkable streets and local businesses.
    • Commute: 5-10 minutes to jobs, 25-35 minutes to Minneapolis.
    • Rent: $1,000 - $1,200 for 1BR (fewer options, mostly older buildings)
    • Best For: Those who value walkability and community feel.
  4. East Lakeville (near County Rd 50):

    • Vibe: More rural feel, larger lots, newer subdivisions.
    • Commute: 15-20 minutes to employers, 35-45 minutes to Minneapolis.
    • Rent: $1,100 - $1,300 for 1BR
    • Best For: People who want more space and don't mind a slightly longer commute.
  5. Near Southdale Hospital (Edina border):

    • Vibe: Convenient, hospital-adjacent living.
    • Commute: 5 minutes to Fairview, 20-30 minutes to Minneapolis.
    • Rent: $1,300 - $1,500 for 1BR (premium for location)
    • Best For: Those working at Fairview or who prioritize proximity to healthcare jobs.

Insider Tip: The Territory area has the newest apartment complexes with amenities like coworking spaces—perfect for Project Managers working hybrid schedules. Check out properties like The Preserve or The Fields for modern options.

The Long Game: Career Growth

Lakeville's Project Management career trajectory has distinct advantages and considerations for long-term growth.

Specialty Premiums:

  • Healthcare PMs: 10-15% premium over generalist roles due to regulatory complexity (HIPAA, Medicare). Fairview and Allina often pay above median.
  • Construction PMs: 5-10% premium, especially with MN Builder's License. High demand for infrastructure projects.
  • IT/Digital Transformation PMs: 15-20% premium as companies digitize. This is the fastest-growing segment in Lakeville.
  • Manufacturing/Operations PMs: At median to slightly above, but with strong job security.

Advancement Paths:

  1. Technical Specialist → Team Lead: Add certifications (PMP, Agile) and mentor juniors. Timeline: 2-3 years.
  2. Team Lead → Department Manager: Requires MBA or advanced degree (often funded by employers like Fairview). Timeline: 3-5 years.
  3. Department Manager → Director/VP: Needs strategic experience and network. Many Lakeville PMs move to larger metro firms or headquarters roles.

10-Year Outlook (Based on 6% Job Growth):
Lakeville's 6% 10-year job growth for PMs is solid, driven by:

  • Healthcare Expansion: Fairview's ongoing investments in facilities and tech.
  • Manufacturing Reshoring: Companies bringing production back to the US.
  • Infrastructure Projects: Dakota County's transportation and utility upgrades.
  • Remote Work Trends: Lakeville's location attracts hybrid workers from Minneapolis.

By 2033, expect 200-220 Project Manager positions in the Lakeville metro, with increased demand for PMs skilled in digital tools, sustainability, and change management.

Insider Tip: The fastest career growth in Lakeville comes from moving between employers. A PM who spends 2-3 years at Fairview, then 2-3 years at a manufacturing firm, then 2-3 years in tech will see salary jumps of 20-30% each move. Loyalty is valued, but strategic moves pay off.

The Verdict: Is Lakeville Right for You?

Here's a balanced look at the pros and cons of building your Project Management career in Lakeville:

Pros Cons
Strong job market with 152 PM positions and 6% growth Car-dependent - limited public transit beyond buses
Affordable cost of living (104.5 index vs. 100 national) Limited nightlife - quiet after 9 PM
Median salary of $102,647 goes further than in Minneapolis Fewer high-profile companies than core cities
Excellent schools (Lakeville North High is top-rated) Young professionals may find it less social
Strategic location - easy access to Twin Cities jobs Limited diversity compared to Minneapolis
Quality healthcare (Fairview Southdale) Winter isolation - harsh winters can feel isolating
Growing economy with diverse industries Competition for top jobs with Minneapolis talent
Sense of community - easy to build local network Limited cultural amenities - need to go to cities for major events

Final Recommendation:

Lakeville is an excellent choice for Project Managers, particularly those in mid-career (3-10 years) who value work-life balance, family-friendly communities, and practical affordability. The $102,647 median salary with Lakeville's cost of living creates a comfortable lifestyle that's hard to find in more expensive metros.

It's ideal for:

  • Healthcare PMs (Fairview's presence)
  • Manufacturing/Operations PMs (Schulz, Bauer Built)
  • Construction PMs (growing infrastructure)
  • Those seeking suburban stability with metro access

It's less ideal for:

  • Early-career PMs who thrive on networking in dense urban environments
  • Those seeking cutting-edge tech PM roles (though growing)
  • People who don't drive or prefer walkable urban living

My Personal Take: As someone who's seen many PMs move here, Lakeville works best for those planning to stay 5+ years. The community grows on you, and the career opportunities compound over time. The 6% job growth might not seem flashy, but it's sustainable and backed by solid industries.

FAQs

Q: I'm an entry-level Project Manager. Is Lakeville worth considering?
A: Yes, but with caveats. Entry-level salaries ($75,000 - $85,000) are comfortable given Lakeville's cost of living. The challenge is fewer entry-level roles compared to Minneapolis. Consider starting at a smaller local firm or as an assistant PM at Fairview, then leveraging that experience. The $1,201 average rent is manageable on entry-level pay, and you'll build local connections faster.

Q: How does the winter weather affect the job market?
A: Surprisingly little. Most Lakeville PM jobs are in climate-controlled environments (hospitals, offices, manufacturing plants). The 6% job growth continues year-round. However, commute times can increase 10-15% during major snowstorms. Employers understand this and often offer flexible start times. The bigger challenge is the social isolation of Minnesota winters—build your network early through professional associations.

Q: Are remote/hybrid Project Manager jobs common in Lakeville?
A: The **

Explore More in Lakeville

Dive deeper into the local economy and lifestyle.

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