Financial Analysts Salary in Minnesota
Official Bureau of Labor Statistics Data - May 2024 - MN
Median Annual Salary in Minnesota
$100,069
$48.11 / hour
▲ 4.0% above national avg
National Median
$96,220
$46.26 / hour nationally
COL-Adjusted Purchasing Power
$97,154
Missouri equivalent (COL: 103)
Financial Analysts Salary in Minnesota
| Percentile | Annual Salary |
|---|---|
| 10th (Entry Level) | $53,037 |
| 25th Percentile | $72,050 |
| 50th (Median) | $100,069 |
| 75th Percentile | $138,095 |
| 90th (Top Earners) | $172,119 |
| Source: U.S. Bureau of Labor Statistics OEWS, May 2024 | |
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Cost of Living Adjusted Salary
The Minnesota median salary of $100,069 for Financial Analysts has the purchasing power of approximately $97,154 in Missouri (the COL baseline state with index 100).
Minnesota's higher cost of living (COL index: 103) reduces the real purchasing power of wages compared to lower-cost states.
COL data: MERIC 2024 State Cost of Living Index. Missouri = 100 baseline.
Frequently Asked Questions
How much do Financial Analysts make in Minnesota?
Financial Analysts in Minnesota earn a median annual salary of $100,069 per year ($48.11/hr) according to BLS OEWS data (May 2024). This is above the national median of $96,220.
Is Minnesota a good state for Financial Analysts?
Minnesota pays above the national average for financial analysts, making it a competitive market for this occupation. Cost of living in Minnesota is near the national average (COL index: 103).
What is the cost-of-living adjusted salary for Financial Analysts in Minnesota?
After adjusting for cost of living (COL index: 103 vs. Missouri baseline of 100), the $100,069 salary in Minnesota has the purchasing power of approximately $97,154 in Missouri. Higher living costs in Minnesota reduce real purchasing power.
How does Minnesota compare to neighboring states for Financial Analysts salaries?
For detailed comparison across all states, see the full Financial Analysts salary page at the national level, which includes a complete 50-state salary table.
Top Paying Jobs in Minnesota
| # | Job Title | Median Annual |
|---|---|---|
| 1 | Anesthesiologists | $345,488 |
| 2 | Radiologists | $322,317 |
| 3 | Orthopedic Surgeons, Except Pediatric | $318,469 |
| 4 | Neurologists | $307,424 |
| 5 | Surgeons, All Other | $306,301 |
| 6 | Ophthalmologists, Except Pediatric | $282,755 |
| 7 | Psychiatrists | $259,790 |
| 8 | Physicians, Pathologists | $253,677 |
| Source: BLS OEWS May 2024 | ||
About Financial Analysts in Minnesota
Financial Analysts work in their specialized field applying expertise and skills to deliver value in their organization. This occupation is part of the business finance sector of the U.S. economy.
Education Required: Bachelor's degree