Business & Finance Minnesota (MN) Rank #19 of 50

Financial Analyst Salary in Minnesota

The median financial analyst salary in Minnesota is $94,129 per year, which is 1% below the national median of $95,080.

Median Salary
$94,129
vs National
$-951
State Rank
#19 of 50
Cost of Living
97%

Financial Analyst Salary in Minnesota by Experience

In Minnesota, an entry-level financial analyst earns around $59,400, while experienced professionals earn up to $146,520 per year. The cost of living index in Minnesota is 97% of the national average.

Entry Level (0-2 yrs)
$59,400
$-600 vs national
Mid Level (3-7 yrs)
$95,040
$-960 vs national
Senior Level (8+ yrs)
$146,520
$-1,480 vs national

Salary Percentiles in Minnesota

Percentile MN Salary
10th Percentile $56,628
25th Percentile $72,072
Median (50th) $94,129
75th Percentile $123,750
90th Percentile $164,934

Major Cities for Financial Analysts in Minnesota

The largest employment areas for financial analysts in Minnesota include Minneapolis, Saint Paul, Rochester, and Duluth. Salaries in major metro areas may be higher due to increased demand and cost of living.

Minneapolis, MN
Metro area for financial analyst employment
Saint Paul, MN
Metro area for financial analyst employment
Rochester, MN
Metro area for financial analyst employment
Duluth, MN
Metro area for financial analyst employment
Bloomington, MN
Metro area for financial analyst employment

How to Become a Financial Analyst in Minnesota

Education

Most financial analyst positions require a bachelor's degree. Minnesota has several accredited institutions offering relevant programs.

Key Skills

Financial ModelingExcelBloomberg TerminalValuationData AnalysisPresentation

Job Outlook in Minnesota

Nationally, financial analyst employment is projected to grow 8% over the next decade (faster than average). Minnesota's demand may vary based on local industry trends.