Business & Finance Minneapolis, MN Pop. 429,954

Financial Analyst Salary in Minneapolis, Minnesota

The median financial analyst salary in Minneapolis, MN is $101,736 per year, which is 7.0% above the national median and 8.1% above the Minnesota state average.

City Median
$101,736
vs State Avg
+$7,607
vs National
+$6,656
Cost of Living
105%

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

Minneapolis offers a median financial analyst salary of $101,736, which is $7,607 above the Minnesota state average of $94,129. Compared to the national median of $95,080, Minneapolis pays above average for this role.

Minneapolis's cost of living is 105% 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 Minneapolis spans from $61,204 at the 10th percentile to $178,262 at the 90th percentile — a $117,058 spread. Entry-level professionals start around $64,200, while senior financial analysts with 8+ years of experience can earn up to $158,360. With a population of 429,954, Minneapolis is a mid-sized metro with a growing job market.

Financial Analyst Salary in Minneapolis by Experience

In Minneapolis, an entry-level financial analyst earns around $64,200, while experienced professionals earn up to $158,360 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$64,200
+$4,200 vs national
Mid Level (3-7 yrs)
$102,720
+$6,720 vs national
Senior Level (8+ yrs)
$158,360
+$10,360 vs national

Salary Percentiles in Minneapolis, MN

Percentile Minneapolis
10th Percentile $61,204
25th Percentile $77,896
Median (50th) $101,736
75th Percentile $133,750
90th Percentile $178,262

Financial Analyst Salary in Other Minnesota Cities

Bloomington, MN
$98,883
Pop. 89,987
Saint Paul, MN
$96,982
Pop. 311,527
Rochester, MN
$95,080
Pop. 121,395
Duluth, MN
$87,474
Pop. 90,884

How to Become a Financial Analyst in Minneapolis

Education

Most financial analyst positions require a bachelor's degree. Minneapolis 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 Minneapolis may vary based on local industry and population growth.

Find Financial Analyst Jobs in Minneapolis

Browse open financial analyst positions in Minneapolis, MN:

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Frequently Asked Questions: Financial Analyst Salary in Minneapolis

How much does a Financial Analyst make in Minneapolis, MN? ▼
The median financial analyst salary in Minneapolis, Minnesota is $101,736 per year, which is 7.0% above the national median of $95,080. Salaries range from $61,204 (10th percentile) to $178,262 (90th percentile).
How much does a Financial Analyst make per hour in Minneapolis? ▼
Based on the median annual salary of $101,736, a financial analyst in Minneapolis earns approximately $49 per hour assuming a standard 2,080-hour work year.
How does Minneapolis compare to the Minnesota state average for financial analyst pay? ▼
Minneapolis's median financial analyst salary of $101,736 is 8.1% above the Minnesota state average of $94,129. The local cost of living index is 105% of the national average.
What is the cost of living in Minneapolis, MN? ▼
Minneapolis has a cost of living index of 105% compared to the national average. This means a financial analyst salary of $101,736 in Minneapolis has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial analyst in Minneapolis? ▼
Most financial analyst positions in Minneapolis 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.