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2026 Salary Data — Minneapolis, MN
Updated April 28, 2026

Financial Analyst Salary in Minneapolis: $110K Median

Financial Analysts in Minneapolis, MN earn between $72K and $193K per year.

That's +10% above the US national median of $99,890 for this role.

Quick Answer

As of April 2026, the median Financial Analyst salary in Minneapolis, MN is $109,879 per year — +10% above the US national median of $99,890. Salaries range from $71,500 (entry, 25th percentile) to $192,500 (90th percentile). Financial Analysts in Minneapolis earned approximately $21,545 in 2025, representing 410.0% year-over-year growth.

Median
$109,879
+410.0% YoY · $9,157/mo
Entry
$77,000
0–2 years
Experienced
$159,500
5+ years
Top 10%
$192,500
Senior/lead
Financial Analyst Salary — Minneapolis vs Nearby
Minneapolis
$110K
Philadelphia
$104K
+6% vs Minneapolis
Las Vegas
$95K
+16% vs Minneapolis
Chicago
$105K
+5% vs Minneapolis

Free ATS scan · Minneapolis employers · Results in 60 seconds

About Financial Analysts in Minneapolis

Financial analysts evaluate investments, analyze financial data, build models, and provide recommendations to executives or clients.

Core Responsibilities

  • Build financial models
  • Analyze investment opportunities
  • Forecast revenue and expenses
  • Equity/debt research
  • Present to stakeholders

Education & Certifications

Typical path: Bachelor's degree in finance/economics; CFA preferred

In-demand certifications

CFAFRMBloomberg Market ConceptsSeries 7/63

Minneapolis Job Market

Twin Cities hub with major Fortune 500 corporate presence.

Population
429K
Cost of Living
109
vs 100 US avg
Unemployment
3%
Median Home
$350K

Top Industries in Minneapolis

Healthcare (UnitedHealth)FinanceRetail (Target)ManufacturingTech

Top Employers Hiring Financial Analysts

Major employers active in Minneapolis or hiring remotely from this metro.

JPMorgan
Goldman Sachs
Morgan Stanley
Bank of America
BlackRock
Bridgewater
Citadel

All major employers use ATS software.

Workday, Greenhouse, Taleo, and iCIMS auto-screen 75% of resumes before a human ever sees them. Scan your resume free to see your match rate.

2026 Hot Skills & Resume Keywords

Skills that command salary premiums and pass ATS keyword filters.

Hottest 2026 Skills

These appear in the highest-paying Financial Analyst listings.

Python for financeTableau/Power BISQLCFAAI/ML in finance

ATS Resume Keywords

Include these naturally throughout your resume.

financial modelingvaluationDCFExcelBloombergCFAM&Aequity researchrisk analysis
Career Outlook
+9% Growth Projected (2024-2034)

Financial analyst roles growing 9%. Strong demand at hedge funds, PE firms, and corporate finance.

Financial Analyst Salary Breakdown — Minneapolis

PeriodEntry (25th)Median (50th)Top (90th)
Annual$71,500$109,879$192,500
Monthly$5,958$9,157$16,042
Weekly$1,375$2,113$3,702
Hourly$34$53$93

Based on 2080 working hours/year. Local figures derived from BLS Occupational Employment and Wage Statistics national median ($99,890) adjusted for Minneapolis's cost-of-living multiplier (1.10×, sourced from BEA Regional Price Parities).

Financial Analyst Take-Home Pay in Minneapolis

After federal, state and FICA taxes — single filer, standard deduction.

Net Annual Take-Home
$78,565.621
Per month$6,547
Biweekly paycheck$3,022
Effective tax rate28.5%

Tax Breakdown on $109,879

Gross salary$109,879
Federal income tax−$15,875.38
Minnesota state tax−$7,032.256
FICA (Social Security + Medicare)−$8,405.744
Take-home (net)$78,565.621

Estimates assume single filer, standard deduction ($14,600 for 2026), no 401(k)/HSA/dependents. Actual take-home varies with deductions, dependents, and benefits elections. Not tax advice.

Financial Analyst Salary by Experience — Minneapolis

Career-stage progression for Financial Analysts in Minneapolis.

ExperienceAnnual Salary
0–1 yr$70,840
2–3 yr$77,000
4–6 yr$118,250
7–10 yr$159,500
11–15 yr$188,210
15+ yr$176,000

Curve derived from BLS percentile data adjusted for Minneapolis's 1.10× cost-of-living multiplier. Highlighted row = 7–10 year experienced level.

Year-Over-Year Trend

+410.0% vs 2025

2025 median:$21,545
2026 median:$109,879
Change:+$88,334

Finance sector growth driven by demand for Python for finance and Tableau/Power BI.

Is This A Good Salary?

Excellent

Adjusted for local cost of living, this salary delivers top-tier real purchasing power - well above what the same nominal pay would buy in most US metros. Strong savings, home-buying, and discretionary spending are all realistic.

COL-Adjusted Purchasing Power
$100,806
Solidly middle-class on the median - manageable, but disciplined budgeting is needed to save aggressively or buy a home.

How to Negotiate Your Financial Analyst Salary in Minneapolis

Walk-away anchor: $98,106 (offers below this are below market for Minneapolis).

Leverage Points

  • Bonus targets and historical payout percentages (ask for last 3 years actual)
  • Profit-share, carry, or AUM-linked compensation for senior roles
  • CFA, CPA, or Series licenses materially shift base compensation
  • Buyout of unvested deferred comp from your current employer

Beyond Base Salary, Negotiate

Guaranteed first-year bonus (especially in IB, PE, hedge funds)Sign-on / make-whole for forfeited deferred compCarried interest or profit-share at PE/HF/VC firmsCFA / Series exam fees and study time off401(k) match and deferred comp plan

What To Say

"I'm walking away from $X in unvested deferred compensation if I leave now. Can we structure the offer with a sign-on that makes me whole, plus a guaranteed first-year bonus floor?"

Anchor on $160K–$193K for experienced roles, citing Minneapolis market data and your specific Python for finance/Tableau/Power BI expertise.

Financial Analyst Salary FAQ — Minneapolis

What is the average Financial Analyst salary in Minneapolis, MN?
The average Financial Analyst salary in Minneapolis is $109,879 per year as of April 2026 — $9,157/month, $2,113/week, or about $53/hour. Salaries range from $71,500 (entry, 25th percentile) up to $192,500 (experienced, 90th percentile). Source: BLS Occupational Employment and Wage Statistics adjusted for Minneapolis's cost-of-living multiplier (1.10×).
Is $109,879 a good Financial Analyst salary in Minneapolis?
Excellent. Adjusted for local cost of living, this salary delivers top-tier real purchasing power - well above what the same nominal pay would buy in most US metros. Strong savings, home-buying, and discretionary spending are all realistic. Minneapolis's cost-of-living index is 109 (vs 100 nationally), giving $109,879 a real purchasing power of approximately $100,806 in national terms. Solidly middle-class on the median - manageable, but disciplined budgeting is needed to save aggressively or buy a home.
Can you live on $109,879 in Minneapolis?
Dual-income households support a comfortable family lifestyle. Single-earner families on the median may need to compromise on neighborhood, square footage, or college savings. Aim for 28-30% of pre-tax income on rent. The classic 30% rule still works here, though housing costs are creeping up faster than wages. For Minneapolis specifically (median home price $350,000), a $109,879 salary supports a comfortable lifestyle.
Is $109,879 enough for a single person in Minneapolis?
A single adult in Minneapolis typically needs ~$49,050 for a comfortable lifestyle (housing, food, transport, healthcare, modest savings). A $109,879 salary is well above that threshold — a single person can live comfortably with significant savings room.
Is $109,879 enough for a couple in Minneapolis?
A couple (one earner) in Minneapolis typically needs ~$78,480 for a comfortable lifestyle. A $109,879 salary as the sole household income is sufficient — enabling moderate housing, savings, and discretionary spending. Two earners at $109,879 each ($219,758 household) provides solid middle-class comfort.
Is $109,879 enough for a family of 4 in Minneapolis?
A family of 4 (one earner) in Minneapolis typically needs ~$119,900 for a comfortable middle-class lifestyle (housing for 4, childcare/school, food, healthcare, transport, savings). A $109,879 salary as the sole household income is below the comfortable threshold — most families need a second income or to live in cheaper suburbs/exurbs of Minneapolis. Childcare costs in Minneapolis typically run $16K-$31K per child per year.
What is the take-home pay for a Financial Analyst in Minneapolis?
On a $109,879 Financial Analyst salary in Minneapolis, MN, you take home approximately $78,565.621 per year ($6,547/month, $3,022 per biweekly paycheck) after taxes. Breakdown: federal $15,875.38, state $7,032.256, FICA $8,405.744. Effective tax rate: 28.5%. (Single filer, standard deduction, no other adjustments.)
How much do Financial Analysts in Minneapolis earn compared to the US average?
Financial Analysts in Minneapolis earn approximately 10% more than the US national median for this role ($99,890 nationally vs $109,879 in Minneapolis). However, Minneapolis's cost-of-living index of 109 means real purchasing power is approximately $100,806 when adjusted for local prices.
What does an entry-level Financial Analyst earn in Minneapolis?
Entry-level Financial Analysts in Minneapolis typically start at around $77,000 (0–2 years experience). With 5+ years, Financial Analysts earn $159,500 or more. Top earners (90th percentile) reach $192,500+, typically at senior or lead levels with specialized skills.
Did Financial Analyst salaries in Minneapolis increase in 2026?
Yes — Financial Analyst salaries in Minneapolis grew approximately 410.0% year-over-year, from $21,545 in 2025 to $109,879 in 2026 (+$88,334). This reflects the broader Finance sector's compensation trend, driven by Python for finance and Tableau/Power BI demand.
What's the job outlook for Financial Analysts in Minneapolis?
Financial analyst roles growing 9%. Strong demand at hedge funds, PE firms, and corporate finance. Minneapolis's top industries include Healthcare (UnitedHealth), Finance, Retail (Target), and the metro's current unemployment rate is 3% — a tight labor market favoring candidates.
What skills are most in demand for Financial Analysts in 2026?
The hottest 2026 skills for Financial Analysts are: Python for finance, Tableau/Power BI, SQL, CFA, AI/ML in finance. ATS systems specifically scan for these keywords. Adding them to your resume — naturally and in context — significantly improves your match rate with employers in Minneapolis.
Who are the top employers hiring Financial Analysts in Minneapolis?
Top employers hiring Financial Analysts in or near Minneapolis include: JPMorgan, Goldman Sachs, Morgan Stanley, Bank of America, BlackRock, Bridgewater. Most use ATS software (Workday, Greenhouse, Taleo, iCIMS) to screen resumes — meaning your resume must be ATS-optimized to even get a human reader.
How do I negotiate a higher Financial Analyst salary in Minneapolis?
I'm walking away from $X in unvested deferred compensation if I leave now. Can we structure the offer with a sign-on that makes me whole, plus a guaranteed first-year bonus floor? Key leverage points for Finance negotiations: Bonus targets and historical payout percentages (ask for last 3 years actual); Profit-share, carry, or AUM-linked compensation for senior roles; CFA, CPA, or Series licenses materially shift base compensation. Beyond base salary, negotiate for: Guaranteed first-year bonus (especially in IB, PE, hedge funds), Sign-on / make-whole for forfeited deferred comp, Carried interest or profit-share at PE/HF/VC firms, CFA / Series exam fees and study time off.
How can I increase my Financial Analyst salary in Minneapolis?
Three highest-leverage moves: (1) Add 2026's hot skills (Python for finance, Tableau/Power BI, SQL) — they command 15-30% premiums. (2) Get a recognized certification (e.g., CFA or FRM). (3) Tailor your resume to each role's keywords — CVCraft's ATS scanner shows you exactly what's missing.
What education do I need to become a Financial Analyst in Minneapolis?
Bachelor's degree in finance/economics; CFA preferred is the typical path. However, Minneapolis's competitive market increasingly values demonstrable skills, portfolios, and certifications alongside (or in place of) traditional degrees — particularly for Finance roles.

Methodology & Sources

Financial Analyst salary figures for Minneapolis are computed by adjusting the BLS national median ($99,890) by Minneapolis's cost-of-living multiplier of 1.10× — a composite of regional wage data and price parities. Year-over-year change (410.0%) reflects the Finance sector's 2025-2026 wage growth per BLS Employment Cost Index trends. Last reviewed April 28, 2026.

Data Sources

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