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IT Manager Salary in Owatonna, MN

How much does a it manager make in Owatonna? Explore median, entry-level, and senior salaries adjusted for Owatonna's cost of living.

Median Salary
$116,688
per year in Owatonna
Entry Level
$70,601
Starting salary
Senior Level
$154,930
Experienced professionals
Cost of Living
88
12% below national avg

Salary Breakdown by Experience Level

See how it manager salaries break down across different pay periods in Owatonna.

PeriodEntry LevelMedianSenior
Annual$70,601$116,688$154,930
Monthly$5,883$9,724$12,911
Biweekly$2,715$4,488$5,959
Weekly$1,358$2,244$2,979
Hourly$34$56$74

Owatonna vs National Average

How Owatonna's it manager salaries compare to national figures.

Owatonna Salary
$116,688
COL Index: 88
National Average
$130,000
COL Index: 100
Difference
-$13,312
Lower in Owatonna

Cost of Living in Owatonna

1-Bedroom Rent
$800
per month
Median Income
$52,234
per year
Population
25,730
residents
Rent % of Income
18.4%
median household
Cost of Living Index: 88 — A score of 100 represents the U.S. average. Salaries in Owatonna have been adjusted to account for local cost differences.

About IT Manager

Overview

Oversee IT operations, staff, and technology infrastructure for organizations.

Education

Bachelor's degree in IT or related field; MBA advantageous

Key Skills

LeadershipBudget ManagementNetwork ManagementStrategic Planning

Growth Rate

Expected job growth: +21% over the next decade

Compare Cities: IT Manager Salary

See IT Manager salaries in other top cities.

New York, NY
$212,400
+82%
Los Angeles, CA
$191,410
+64%
Chicago, IL
$168,230
+44%
Houston, TX
$167,630
+44%
Phoenix, AZ
$163,970
+41%

Financial Tools to Explore

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IT Manager Salary in Owatonna, MN — Complete Guide

Median Salary Overview

The median salary for a it manager in Owatonna, MN is $116,688 per year, adjusted for the local cost of living index of 88. This figure reflects typical earnings for experienced professionals in this role, considering Owatonna's unique economic conditions.

Salary Range and Experience Levels

Entry-level it manager professionals in Owatonna can expect to earn around $70,601 annually. As professionals gain experience, salaries typically increase, with senior-level it managers earning approximately $154,930 per year. This represents a 119% increase from entry to senior level.

Cost of Living Adjustment

Owatonna's cost of living index of 88 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Owatonna are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $130,000, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a it manager's salary in Owatonna typically goes toward housing. With a 1-bedroom apartment averaging $800 per month, housing represents about 8.2% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

IT Managers are in growing demand across the United States, with an expected job growth of 21% over the next decade. In Owatonna, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Data source: Salary estimates on this page are based on Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program, adjusted for regional cost of living differences. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.