Business & Finance Duluth, MN Pop. 90,884

Financial Analyst Salary in Duluth, Minnesota

The median financial analyst salary in Duluth, MN is $87,474 per year, which is 8% below the national median and 7.1% below the Minnesota state average.

City Median
$87,474
vs State Avg
$-6,655
vs National
$-7,606
Cost of Living
90%

Financial Analyst Pay in Duluth: What to Expect (2026)

Duluth offers a median financial analyst salary of $87,474, which is $6,655 below the Minnesota state average of $94,129. Compared to the national median of $95,080, Duluth pays below the national benchmark for this role.

Duluth's cost of living is 90% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for financial analysts in Duluth spans from $52,624 at the 10th percentile to $153,272 at the 90th percentile — a $100,648 spread. Entry-level professionals start around $55,200, while senior financial analysts with 8+ years of experience can earn up to $136,160. Duluth is a smaller market (pop. 90,884), which may mean fewer openings but also less competition for available positions.

Financial Analyst Salary in Duluth by Experience

In Duluth, an entry-level financial analyst earns around $55,200, while experienced professionals earn up to $136,160 per year. The local cost of living index is 90% of the national average.

Entry Level (0-2 yrs)
$55,200
$-4,800 vs national
Mid Level (3-7 yrs)
$88,320
$-7,680 vs national
Senior Level (8+ yrs)
$136,160
$-11,840 vs national

Salary Percentiles in Duluth, MN

Percentile Duluth
10th Percentile $52,624
25th Percentile $66,976
Median (50th) $87,474
75th Percentile $115,000
90th Percentile $153,272

Financial Analyst Salary in Other Minnesota Cities

Minneapolis, MN
$101,736
Pop. 429,954
Bloomington, MN
$98,883
Pop. 89,987
Saint Paul, MN
$96,982
Pop. 311,527
Rochester, MN
$95,080
Pop. 121,395

How to Become a Financial Analyst in Duluth

Education

Most financial analyst positions require a bachelor's degree. Duluth and the surrounding Minnesota area have institutions offering relevant programs.

Key Skills

Financial ModelingExcelBloomberg TerminalValuationData AnalysisPresentation

Job Outlook

Nationally, financial analyst employment is projected to grow 8% over the next decade (faster than average). Demand in Duluth may vary based on local industry and population growth.

Find Financial Analyst Jobs in Duluth

Browse open financial analyst positions in Duluth, MN:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Analyst Salary in Duluth

How much does a Financial Analyst make in Duluth, MN? ▼
The median financial analyst salary in Duluth, Minnesota is $87,474 per year, which is 8% below the national median of $95,080. Salaries range from $52,624 (10th percentile) to $153,272 (90th percentile).
How much does a Financial Analyst make per hour in Duluth? ▼
Based on the median annual salary of $87,474, a financial analyst in Duluth earns approximately $42 per hour assuming a standard 2,080-hour work year.
How does Duluth compare to the Minnesota state average for financial analyst pay? ▼
Duluth's median financial analyst salary of $87,474 is 7.1% below the Minnesota state average of $94,129. The local cost of living index is 90% of the national average.
What is the cost of living in Duluth, MN? ▼
Duluth has a cost of living index of 90% compared to the national average. This means a financial analyst salary of $87,474 in Duluth has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial analyst in Duluth? ▼
Most financial analyst positions in Duluth require a bachelor's degree. Key skills include Financial Modeling, Excel, Bloomberg Terminal, Valuation. The job market is projected to grow 8% nationally over the next decade.