Business & Finance Rochester, MN Pop. 121,395

Financial Analyst Salary in Rochester, Minnesota

The median financial analyst salary in Rochester, MN is $95,080 per year, which is 0.0% above the national median and 1.0% above the Minnesota state average.

City Median
$95,080
vs State Avg
+$951
vs National
+$0
Cost of Living
98%

Financial Analyst Salary in Rochester by Experience

In Rochester, an entry-level financial analyst earns around $60,000, while experienced professionals earn up to $148,000 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$60,000
+$0 vs national
Mid Level (3-7 yrs)
$96,000
+$0 vs national
Senior Level (8+ yrs)
$148,000
+$0 vs national

Salary Percentiles in Rochester, MN

Percentile Rochester
10th Percentile $57,200
25th Percentile $72,800
Median (50th) $95,080
75th Percentile $125,000
90th Percentile $166,600

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
Duluth, MN
$87,474
Pop. 90,884

How to Become a Financial Analyst in Rochester

Education

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

Find Financial Analyst Jobs in Rochester

Browse open financial analyst positions in Rochester, MN:

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Frequently Asked Questions: Financial Analyst Salary in Rochester

How much does a Financial Analyst make in Rochester, MN? ▼
The median financial analyst salary in Rochester, Minnesota is $95,080 per year, which is 0.0% above the national median of $95,080. Salaries range from $57,200 (10th percentile) to $166,600 (90th percentile).
How much does a Financial Analyst make per hour in Rochester? ▼
Based on the median annual salary of $95,080, a financial analyst in Rochester earns approximately $46 per hour assuming a standard 2,080-hour work year.
How does Rochester compare to the Minnesota state average for financial analyst pay? ▼
Rochester's median financial analyst salary of $95,080 is 1.0% above the Minnesota state average of $94,129. The local cost of living index is 98% of the national average.
What is the cost of living in Rochester, MN? ▼
Rochester has a cost of living index of 98% compared to the national average. This means a financial analyst salary of $95,080 in Rochester has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial analyst in Rochester? ▼
Most financial analyst positions in Rochester 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.