Financial Planner Salary in Minneapolis, MN
Financial Planner 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 Planner Salary in Minneapolis, MN — 2026
The median Financial Planner salary in Minneapolis, MN is $95,880 per year ($7,990/month, $46/hr). This reflects the local cost of living index of 102, which is 2% above the national average.
Financial Planner Take-Home Pay in Minneapolis
Tax Breakdown (Median Salary)
| Gross Annual | $95,880 |
| Federal Tax | -$12,708 |
| State Tax (6.8%) | -$6,520 |
| FICA (SS + Medicare) | -$7,335 |
| Annual Take-Home | $69,318 |
| Monthly Take-Home | $5,776 |
Living Cost Comparison
Financial Planner Requirements
Key Skills
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.
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Frequently Asked Questions
What is the average Financial Planner salary in Minneapolis, MN?
How much does a Financial Planner take home in Minneapolis after taxes?
Is Minneapolis a good city for Financial Planners?
What skills are needed for a Financial Planner in Minneapolis?
How does Financial Planner salary in Minneapolis compare to the national average?
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Frequently Asked Questions
What is the average Financial Planner salary in Minneapolis, MN?
The median Financial Planner salary in Minneapolis, MN is $95,880 per year as of 2026. This is adjusted for the local cost of living index of 102. Entry-level Financial Planners earn around $57,120, while senior-level professionals can earn $130,560 or more.
How much does a Financial Planner take home in Minneapolis after taxes?
A Financial Planner earning the median salary of $95,880 in Minneapolis, MN takes home approximately $69,318 per year ($5,776/month) after federal, state, and local taxes. The effective tax rate is 27.7%.
Is Minneapolis a good city for Financial Planners?
Minneapolis, MN has a cost of living index of 102 (above national average). Financial Planners 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 Planner in Minneapolis?
Key skills for Financial Planners include Retirement Planning, Tax Planning, Investment Management, Insurance, Estate Planning. Typical education requirement is Bachelor's Degree. Valuable certifications include CFP, ChFC, Series 65.
How does Financial Planner salary in Minneapolis compare to the national average?
The national median Financial Planner salary is $94,000. In Minneapolis, the adjusted salary is $95,880, which is 2.0% higher than the national average, reflecting the local cost of living.