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Software Developer Salary in Minneapolis: Is It Worth It?

The median software developer salary in Minneapolis is $131K a year. Here is what actually lands in your pocket after taxes - and what it's really worth once you account for the local cost of living.

Gross median salary
$131K
Take-home / month
$8K
COL-adjusted buying power
$89K
at U.S. average prices

Where the money goes

One median paycheck, splittake-home 71.0%
Federal 15.4%FICA 7.6%Minneapolis state 6.0%Take-home 71.0%
ItemAmount / yearShare of gross
Gross salary$130,920100%
Federal income tax (2026, single)−$20,15515.4%
FICA (Social Security + Medicare)−$10,0157.6%
State income tax (Minnesota)−$7,8586.0%
Take-home$92,89271.0%

Estimates use single filing status, standard deduction, wages-only income. Full assumptions on the methodology page.

Compare with other metros

Typical costs to know

Minnesota taxes wage income, and Minneapolis's cost of living is 5% above the U.S. average. In dollar terms,$131K of gross salary converts to roughly $89K of buying power after tax.

FAQ

What is the average software developer salary in Minneapolis?

The median annual wage is $130,920, per the BLS Occupational Employment and Wage Statistics survey.

How much do software developers take home in Minneapolis?

After estimated federal income tax ($20,155), FICA ($10,015) and Minnesota state tax ($7,858), net income is about $92,892 a year - roughly $8K per month.

Is $131K a good salary in Minneapolis?

Because the local cost of living is 5% above the U.S. average, that salary supports buying power roughly equivalent to $89K at the national average. See the methodology for the math.