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Risk Analyst Salary in Minneapolis, MN

Risk 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.

Risk Analyst Salary in Minneapolis, MN — 2026

The median Risk Analyst salary in Minneapolis, MN is $90,780 per year ($7,565/month, $44/hr). This reflects the local cost of living index of 102, which is 2% above the national average.

Entry Level
$60K
$29/hr
Median
$91K
$44/hr
Senior
$126K
$61/hr
Top Earner
$157K
$76/hr

Risk Analyst Take-Home Pay in Minneapolis

Tax Breakdown (Median Salary)

Gross Annual$90,780
Federal Tax-$11,586
State Tax (6.8%)-$6,173
FICA (SS + Medicare)-$6,945
Annual Take-Home$66,077
Monthly Take-Home$5,506

Living Cost Comparison

Median Rent$1,400/mo
Rent-to-Income Ratio18.5%
Median Home Price$320,000
Cost of Living Index102
City Median Salary$72,000
Risk Analyst vs City Median+$18,780

Risk Analyst Requirements

Education
Bachelor's Degree
Experience
2-4 years
Job Growth
17.0% (2024-2034)

Key Skills

Risk ModelingVaR AnalysisPythonSQLRegulatory Compliance

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 Risk Analyst salary in Minneapolis, MN?
The median Risk Analyst salary in Minneapolis, MN is $90,780 per year as of 2026. This is adjusted for the local cost of living index of 102. Entry-level Risk Analysts earn around $60,180, while senior-level professionals can earn $126,480 or more.
How much does a Risk Analyst take home in Minneapolis after taxes?
A Risk Analyst earning the median salary of $90,780 in Minneapolis, MN takes home approximately $66,077 per year ($5,506/month) after federal, state, and local taxes. The effective tax rate is 27.2%.
Is Minneapolis a good city for Risk Analysts?
Minneapolis, MN has a cost of living index of 102 (above national average). Risk 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 Risk Analyst in Minneapolis?
Key skills for Risk Analysts include Risk Modeling, VaR Analysis, Python, SQL, Regulatory Compliance. Typical education requirement is Bachelor's Degree. Valuable certifications include FRM, PRM, CFA.
How does Risk Analyst salary in Minneapolis compare to the national average?
The national median Risk Analyst salary is $89,000. In Minneapolis, the adjusted salary is $90,780, 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 Risk Analyst salary in Minneapolis, MN?

The median Risk Analyst salary in Minneapolis, MN is $90,780 per year as of 2026. This is adjusted for the local cost of living index of 102. Entry-level Risk Analysts earn around $60,180, while senior-level professionals can earn $126,480 or more.

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

A Risk Analyst earning the median salary of $90,780 in Minneapolis, MN takes home approximately $66,077 per year ($5,506/month) after federal, state, and local taxes. The effective tax rate is 27.2%.

Is Minneapolis a good city for Risk Analysts?

Minneapolis, MN has a cost of living index of 102 (above national average). Risk 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 Risk Analyst in Minneapolis?

Key skills for Risk Analysts include Risk Modeling, VaR Analysis, Python, SQL, Regulatory Compliance. Typical education requirement is Bachelor's Degree. Valuable certifications include FRM, PRM, CFA.

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

The national median Risk Analyst salary is $89,000. In Minneapolis, the adjusted salary is $90,780, which is 2.0% higher than the national average, reflecting the local cost of living.