2026 Salary — Minnesota
Updated April 29, 2026
Financial Analyst Salary in Minnesota: $102K Median
Financial Analysts in Minnesota earn between $66K and $179K per year.
That's +2% above the US national median.
Quick Answer
As of April 2026, the median Financial Analyst salary in Minnesota is $101,888 per year — +2% above the US national median of $99,890. Salaries range from $66,300 (entry, 25th percentile) to $178,500 (90th percentile). Minnesota's cost-of-living index is 97. State income tax applies.
Median
$101,888
+410.0% YoY
Entry
$71,400
Experienced
$147,900
Top 10%
$178,500
About Financial Analysts in Minnesota
Financial analysts evaluate investments, analyze financial data, build models, and provide recommendations to executives or clients.
Hot 2026 Skills
Python for financeTableau/Power BISQLCFAAI/ML in finance
ATS Keywords
financial modelingvaluationDCFExcelBloombergCFAM&Aequity researchrisk analysis
Financial Analyst Salary in Minnesota Metros
Click any city for full breakdown including take-home pay calculator.
| City | Median |
|---|---|
| Minneapolis | $109,879 |
How to Negotiate Your Financial Analyst Salary in Minnesota
Walk-away anchor: $90,971.
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
Negotiate Beyond Base
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
Financial Analyst Salary FAQ — Minnesota
What is the average Financial Analyst salary in Minnesota?
The average Financial Analyst salary in Minnesota is $101,888 per year as of April 2026. Salaries range from $66,300 (entry, 25th percentile) up to $178,500 (90th percentile). State income tax applies.
How does Financial Analyst pay in Minnesota compare to the US average?
Financial Analysts in Minnesota earn approximately 2% more than the US national median ($99,890 nationally vs $101,888 in Minnesota). Minnesota's cost-of-living index of 97 is close to the national average.
Did Financial Analyst salaries in Minnesota increase in 2026?
Yes — Financial Analyst salaries in Minnesota grew approximately 410.0% year-over-year, from $19,978 in 2025 to $101,888 in 2026. This reflects the broader Finance sector's wage growth, driven by Python for finance and Tableau/Power BI demand.
Which Minnesota cities pay Financial Analysts the most?
Top-paying Minnesota metros for Financial Analysts: Minneapolis ($110K). Click any city for full breakdown including take-home pay.
What's the job outlook for Financial Analysts in Minnesota?
Financial analyst roles growing 9%. Strong demand at hedge funds, PE firms, and corporate finance. Minnesota's top industries include Healthcare (UnitedHealth, Mayo), Retail (Target, Best Buy), Finance, and the state's unemployment rate is 3% — a tight labor market favoring candidates.
Does Minnesota have state income tax?
Yes, Minnesota has state income tax. This affects take-home pay — at $101,888, expect 4-7% effective state tax depending on filing status. See city pages for detailed take-home calculations.
What skills are most in demand for Financial Analysts in 2026?
Hottest 2026 skills: Python for finance, Tableau/Power BI, SQL, CFA, AI/ML in finance. ATS systems specifically scan for these. Adding them to your resume — naturally and in context — improves your match rate with Minnesota employers.
How can I increase my Financial Analyst salary in Minnesota?
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? Beyond base, negotiate: 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. Walk-away anchor for Minnesota: $90,971.
Methodology
Minnesota Financial Analyst salary is the BLS national median ($99,890) adjusted by Minnesota's state multiplier (1.02×). YoY rate from BLS Employment Cost Index. Last reviewed April 29, 2026.
Financial Analyst Salary in Other States
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