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Financial Analyst Salary in Minneapolis, MN

Financial Analyst salary data for Minneapolis, MN — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.

Financial Analyst Salary in Minneapolis, MN — 2026

The median Financial Analyst salary in Minneapolis, MN is $83,640 per year ($6,970/month, $40/hr). This reflects the local cost of living index of 102, which is 2% above the national average.

Entry Level
$59K
$28/hr
Median
$84K
$40/hr
Senior
$124K
$60/hr
Top Earner
$157K
$76/hr

Financial Analyst Take-Home Pay in Minneapolis

Tax Breakdown (Median Salary)

Gross Annual$83,640
Federal Tax-$10,015
State Tax (6.8%)-$5,688
FICA (SS + Medicare)-$6,398
Annual Take-Home$61,539
Monthly Take-Home$5,128

Living Cost Comparison

Median Rent$1,400/mo
Rent-to-Income Ratio20.1%
Median Home Price$320,000
Cost of Living Index102
City Median Salary$72,000
Financial Analyst vs City Median+$11,640

Financial Analyst Requirements

Education
Bachelor's Degree
Experience
1-3 years
Job Growth
9.0% (2024-2034)

Key Skills

Financial ModelingExcelSQLValuationBloomberg Terminal

Minneapolis Job Market Overview

Minneapolis, Minnesota has a population of 429,954 and an unemployment rate of 2.8%. The top industries are Finance, Healthcare, Technology. The local job growth rate is 2.0%, and the average commute time is 25 minutes.

Frequently Asked Questions

What is the average Financial Analyst salary in Minneapolis, MN?
The median Financial Analyst salary in Minneapolis, MN is $83,640 per year as of 2026. This is adjusted for the local cost of living index of 102. Entry-level Financial Analysts earn around $59,160, while senior-level professionals can earn $124,440 or more.
How much does a Financial Analyst take home in Minneapolis after taxes?
A Financial Analyst earning the median salary of $83,640 in Minneapolis, MN takes home approximately $61,539 per year ($5,128/month) after federal, state, and local taxes. The effective tax rate is 26.4%.
Is Minneapolis a good city for Financial Analysts?
Minneapolis, MN has a cost of living index of 102 (above national average). Financial Analysts here earn above the city median. The local unemployment rate is 2.8% and top industries include Finance, Healthcare, Technology.
What skills are needed for a Financial Analyst in Minneapolis?
Key skills for Financial Analysts include Financial Modeling, Excel, SQL, Valuation, Bloomberg Terminal. Typical education requirement is Bachelor's Degree. Valuable certifications include CFA Level I, Financial Modeling Certification.
How does Financial Analyst salary in Minneapolis compare to the national average?
The national median Financial Analyst salary is $82,000. In Minneapolis, the adjusted salary is $83,640, which is 2.0% higher than the national average, reflecting the local cost of living.

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Frequently Asked Questions

What is the average Financial Analyst salary in Minneapolis, MN?

The median Financial Analyst salary in Minneapolis, MN is $83,640 per year as of 2026. This is adjusted for the local cost of living index of 102. Entry-level Financial Analysts earn around $59,160, while senior-level professionals can earn $124,440 or more.

How much does a Financial Analyst take home in Minneapolis after taxes?

A Financial Analyst earning the median salary of $83,640 in Minneapolis, MN takes home approximately $61,539 per year ($5,128/month) after federal, state, and local taxes. The effective tax rate is 26.4%.

Is Minneapolis a good city for Financial Analysts?

Minneapolis, MN has a cost of living index of 102 (above national average). Financial Analysts here earn above the city median. The local unemployment rate is 2.8% and top industries include Finance, Healthcare, Technology.

What skills are needed for a Financial Analyst in Minneapolis?

Key skills for Financial Analysts include Financial Modeling, Excel, SQL, Valuation, Bloomberg Terminal. Typical education requirement is Bachelor's Degree. Valuable certifications include CFA Level I, Financial Modeling Certification.

How does Financial Analyst salary in Minneapolis compare to the national average?

The national median Financial Analyst salary is $82,000. In Minneapolis, the adjusted salary is $83,640, which is 2.0% higher than the national average, reflecting the local cost of living.