Average Financial Analyst Salary in Minnesota

Financial Analysts in Minnesota earn an average of $101,236 per year across 1 metro area. This is +1.3% higher than the national average.

Average Salary

$101,236

per year

Hourly Rate

$48.67

per hour

vs National

+1.3%

$99,890 national

Salary Range

$65,343

to $151,678

About Financial Analyst Careers in Minnesota

Financial analysts evaluate investment opportunities, analyze financial data, and provide guidance to businesses and individuals making investment decisions. They study economic trends, company performance, and market conditions to forecast financial outcomes. Financial analysts are essential to the functioning of capital markets and corporate finance.

In Minnesota, financial analysts earn an average of $101,236 per year as of 2026, with salaries ranging from $65,343 for entry-level roles to $151,678 for the most experienced professionals — +1.3% above the national average. Pay is influenced most by industry sector (investment banking, hedge funds, corporate finance), cfa certification and other credentials, and the specific metro area within Minnesota.

Cost of Living Adjusted Salary

Nominal Salary

$101,236

Cost of Living Index

99

100 = national average

Adjusted Salary

$102,259

purchasing power equivalent

After adjusting for Minnesota's cost of living (below average), a Financial Analyst's salary of $101,236 has the purchasing power of $102,259 in an average-cost area.

Financial Analyst Salary by City in Minnesota

CityMedian SalaryHourly RateEntry Level (P10)Senior (P90)Employment
Minneapolis, MN$101,236$48.67/hr$65,343$151,678309

Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).

Minnesota vs National Average

Financial Analyst Salary Comparison

Minnesota Average$101,236
National Average$99,890
Difference+$1,346 (+1.3%)

Employment in Minnesota

There are approximately 309 Financial Analysts employed across 1 metro area in Minnesota.

Key Industries: Healthcare, Finance, Manufacturing

State Income Tax: 5.35% - 9.85%

Financial Analyst Salary Range in Minnesota

Entry Level (10th Percentile)

$65,343

Starting salary for new Financial Analysts

Median (50th Percentile)

$101,236

Mid-career Financial Analyst salary

Senior (90th Percentile)

$151,678

Top earners in the field

Financial Analyst Salary in Neighboring States

Compare Financial Analyst salaries in Minnesota with nearby states to find the best opportunities.

Frequently Asked Questions

What is the average Financial Analyst salary in Minnesota?

The average Financial Analyst salary in Minnesota is $101,236 per year ($48.67/hour) based on 2026 data across 1 metro areas. This is 1.3% above the national average of $99,890.

What is the highest paying city for Financial Analysts in Minnesota?

Minneapolis, MN is the highest paying city for Financial Analysts in Minnesota, with a median salary of $101,236 per year.

What is the salary range for Financial Analysts in Minnesota?

Financial Analyst salaries in Minnesota range from $65,343 (entry-level, 10th percentile) to $151,678 (experienced, 90th percentile). The median salary is $101,236 per year.

About This Data

Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. State-level averages are calculated from metro area data within Minnesota. Figures represent 2026 estimates and may not reflect all employers or self-employed workers. Cost of living adjustments use regional indices to provide purchasing power context.