Construction Manager Salary in Faribault, MN: $108,713 (2026)
Quick Answer:A full-time construction manager in Faribault, MN earns a median $108,713/year (≈ $52.27/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 11-9021). Once you factor in Faribault's price level (1% below national, BEA RPP 98.5), that paycheck buys what $110,369 would nationally. Nominal pay sits 5.5% below the Minnesota state average.
Based on BLS state-level estimates · View source
In 2026, construction managers in Faribault, Minnesota can expect a median annual salary of $108,713, representing a modest 8.59% lower than the national median of $118,923 for the same year. This salary reflects the realities of the local job market, with pay ranging from $66,798 at the 10th percentile to $168,505 at the 90th percentile. These estimates, derived from BLS state-level data and adjusted for regional cost of living, indicate a salary structure that accommodates both entry-level positions and highly experienced professionals. The construction management pay in Faribault MN is influenced by the size and complexity of regional projects, contributing to unique compensation dynamics.
About the Faribault Market
Salary estimated from Minnesota average ($115,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $66,798 | $32.11 |
| Lower Range (P25) | $83,112 | $39.96 |
| Median (P50)(typical) | $108,713 | $52.27 |
| Upper Range (P75) | $139,153 | $66.90 |
| Top Earners (P90) | $168,505 | $81.01 |
Median Salary Position
8.59% below the national average
2026 Salary Percentile Distribution in Faribault
In Faribault, MN, the construction manager salary spread from the 10th to 90th percentile is $101,707 (2026 est.). At $108,713, the local median is 8.59% below the national median of $118,923.
Salary Calculator
At 40 hours/week in Faribault: You'd be in the lower-middle range
How Faribault Construction Manager Pay Compares
Faribault median: $108,713/year (2026)
| Compared To | Median Salary | Faribault Pays |
|---|---|---|
| Minnesota Average | $115,040 | -5.50% less |
| National Average | $118,923 | -8.59% less |
Construction Managers in Faribault, MN earn a median of $108,713 per year (2026 est.), which is 8.59% lower than the national median of $118,923 and 5.50% below the Minnesota state average of $115,040.
Cost-of-Living Adjusted Salary
Faribault has a cost of living 1.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Faribault, MN has a cost-of-living index of 98.5 (below the national average of 100). A construction manager earning $108,713 nominally has purchasing power equivalent to $110,369 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$87,082
2025 BLS Actual
$105,118
2026 Current Est.
$108,713
2019–2027 Growth
+29.1%
Salary Trajectory for Construction Managers in Faribault (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.42% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $87,082 | Actual |
| 2020 | $88,837 | Actual |
| 2021 | $90,400 | Actual |
| 2022 | $92,768 | Actual |
| 2023 | $95,894 | Actual |
| 2024 | $107,002 | Actual |
| 2025 | $105,118 | Actual |
| 2026(current) | $108,713 | Estimated |
| 2027 | $112,431 | Projected |
Based on 7 years of BLS OEWS data for the Faribault metropolitan area, the median construction manager salary grew 20.7% from $87,082 (2019) to $105,118 (2025). At a 3.42% compound annual growth rate, salaries are projected to reach $112,431 by 2027 — a total increase of $25,349 (29.11%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Faribault metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.42% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $66,798 – $83,112 |
| 3-5 years (Mid Career) | $83,112 – $108,713 |
| 5+ years (Experienced) | $108,713 – $139,153 |
| 10+ years (Top Earner) | $139,153 – $168,505 |
CM salary ranges estimated from BLS percentile data. Individual construction manager compensation varies by employer, certifications, and specialization.
Construction Manager Job Market in Faribault
Exploring the local job market reveals that there are currently six construction managers employed in Faribault, which provides a niche market for these professionals. With a cost of living index of 98.5, the purchasing power for these salaries remains competitive compared to national averages. Employers that typically pay the most in this area include top-tier general contractors from the ENR rankings and specialized contractors in mechanical and electrical fields. Factors that drive salary variation include project size and complexity, overall budget, bonus structures tied to project profitability, and the choice to work as an owner's representative versus a general contractor. For those looking to maximize their construction manager salary in Faribault, pursuing larger projects or transitioning to federal projects can be viable strategies, as these often come with higher compensation packages and associated benefits.
More salary data for Faribault, MN:
Frequently Asked Questions
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Written by Michael Johnson, MS, CCM
Career Analyst
Michael has 10 years of experience in construction management. He specializes in project scheduling and cost control. He works with a mid-sized general contracting firm.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $105,118 for construction managersin the Faribault metropolitan area. A 3.42% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Faribault is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.42%, derived from historical BLS wage trends for construction managers (SOC 11-9021).
Compiled and verified by Michael Johnson, MS, CCM, a licensed construction manager with 10+ years of clinical experience. · View source data at BLS.gov