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Financial Planner Salary in St. Paul, MN

Financial Planner salary data for St. Paul, 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 St. Paul, MN — 2026

The median Financial Planner salary in St. Paul, MN is $92,120 per year ($7,677/month, $44/hr). This reflects the local cost of living index of 98, which is 2% below the national average.

Entry Level
$55K
$26/hr
Median
$92K
$44/hr
Senior
$125K
$60/hr
Top Earner
$177K
$85/hr

Financial Planner Take-Home Pay in St. Paul

Tax Breakdown (Median Salary)

Gross Annual$92,120
Federal Tax-$11,880
State Tax (6.8%)-$6,264
FICA (SS + Medicare)-$7,047
Annual Take-Home$66,928
Monthly Take-Home$5,577

Living Cost Comparison

Median Rent$1,250/mo
Rent-to-Income Ratio16.3%
Median Home Price$280,000
Cost of Living Index98
City Median Salary$65,000
Financial Planner vs City Median+$27,120

Financial Planner Requirements

Education
Bachelor's Degree
Experience
2-5 years
Job Growth
15.0% (2024-2034)

Key Skills

Retirement PlanningTax PlanningInvestment ManagementInsuranceEstate Planning

St. Paul Job Market Overview

St. Paul, Minnesota has a population of 307,193 and an unemployment rate of 3.0%. The top industries are Government, Healthcare, Education. The local job growth rate is 1.5%, and the average commute time is 24 minutes.

Frequently Asked Questions

What is the average Financial Planner salary in St. Paul, MN?
The median Financial Planner salary in St. Paul, MN is $92,120 per year as of 2026. This is adjusted for the local cost of living index of 98. Entry-level Financial Planners earn around $54,880, while senior-level professionals can earn $125,440 or more.
How much does a Financial Planner take home in St. Paul after taxes?
A Financial Planner earning the median salary of $92,120 in St. Paul, MN takes home approximately $66,928 per year ($5,577/month) after federal, state, and local taxes. The effective tax rate is 27.3%.
Is St. Paul a good city for Financial Planners?
St. Paul, MN has a cost of living index of 98 (below national average). Financial Planners here earn above the city median. The local unemployment rate is 3.0% and top industries include Government, Healthcare, Education.
What skills are needed for a Financial Planner in St. Paul?
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 St. Paul compare to the national average?
The national median Financial Planner salary is $94,000. In St. Paul, the adjusted salary is $92,120, which is 2.0% lower than the national average, reflecting the local cost of living.

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Frequently Asked Questions

What is the average Financial Planner salary in St. Paul, MN?

The median Financial Planner salary in St. Paul, MN is $92,120 per year as of 2026. This is adjusted for the local cost of living index of 98. Entry-level Financial Planners earn around $54,880, while senior-level professionals can earn $125,440 or more.

How much does a Financial Planner take home in St. Paul after taxes?

A Financial Planner earning the median salary of $92,120 in St. Paul, MN takes home approximately $66,928 per year ($5,577/month) after federal, state, and local taxes. The effective tax rate is 27.3%.

Is St. Paul a good city for Financial Planners?

St. Paul, MN has a cost of living index of 98 (below national average). Financial Planners here earn above the city median. The local unemployment rate is 3.0% and top industries include Government, Healthcare, Education.

What skills are needed for a Financial Planner in St. Paul?

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 St. Paul compare to the national average?

The national median Financial Planner salary is $94,000. In St. Paul, the adjusted salary is $92,120, which is 2.0% lower than the national average, reflecting the local cost of living.