Financial Analyst.
Minneapolis.
$106,000
median salary, 5% above the national average
$82,000 to $139,000. Last updated August 2026.
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Data points to own the conversation.
Orbyt estimates Financial Analyst pay in Minneapolis at $106,000, within a range of $82,000 to $139,000. That is 5% above the national average. Minneapolis is a Fortune 500 powerhouse with Target, UnitedHealth Group, Best Buy, and 3M headquartered in the metro. These figures are Orbyt estimates, computed rather than measured, and must not be cited as Bureau of Labor Statistics figures; the published BLS wage for the occupation this role maps to is shown separately on this page.
Salary range.
Where do you fall?
Orbyt estimate for Financial Analyst in Minneapolis, modelled from national occupation wages adjusted for local cost of living. The published government benchmark for this occupation is below.
Government benchmark for this occupation
The US Bureau of Labor Statistics reports a median annual wage of $103,350 for Financial and Investment Analysts (SOC 13-2051) in the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area, based on 6,380 employed workers (May 2025 release).
10th percentile
$65,640
25th percentile
$79,030
Median
$103,350
75th percentile
$128,680
90th percentile
$165,510
Workers surveyed
6,380
BLS publishes wages by occupation code, not by job title, so this figure covers every role mapped to Financial and Investment Analysts (SOC 13-2051) rather than Financial Analyst specifically. The Minneapolis range at the top of this page is Orbyt’s role-level estimate, which is a different thing and is labelled as such.
View the BLS source for SOC 13-2051Salary by experience.
The gap between entry and lead level is typically $95,000. Where you land depends on years of experience and what you bring to the table.
Entry (0-2 yrs)
$69,000
to $85,000
Mid (3-5 yrs)
$90,000
to $111,000
Senior (6-9 yrs)
$117,000
to $138,000
Lead (10+ yrs)
$133,000
to $164,000
Total compensation.
Base salary is not the full picture. Equity, bonus, and signing can add $31,000 to the total package.
Base
$106,000
Equity
$18,000
Bonus
$11,000
Signing
$2,000
Estimated total: $137,000
How Minneapolis compares.
Minneapolis, MN
$106,000
Cost of living: 5% above average
National Average
$101,000
Minneapolis is $5,000 above
Financial Analyst salary by city.
Salary by role in Minneapolis.
What you should know.
Before you negotiate a Financial Analyst offer in Minneapolis, understand the terrain. Minneapolis is a Fortune 500 powerhouse with Target, UnitedHealth Group, Best Buy, and 3M headquartered in the metro. The city's strong corporate base creates consistent demand across finance, healthcare, retail tech, and supply chain roles. Quality of life is high, and employers offer competitive salaries to offset the cold winters. Industry sector (investment banking vs. corporate finance vs. tech FP&A) creates the largest salary dispersion. Financial analysts at investment banks and private equity firms earn significantly more than corporate counterparts. Modeling sophistication, deal experience, and CFA progress also materially affect compensation.
Analyst roles start at $65,000 to $90,000 (corporate) or $100,000 to $120,000 (banking). Senior analysts earn $90,000 to $130,000 after two to four years. Finance managers reach $130,000 to $170,000, and directors or VPs in FP&A can earn $180,000 to $250,000 at large corporations. In Minneapolis, cost of living sits near the national average, so the numbers you see are roughly what you keep.
Base salary is not the full picture. Bonuses in corporate finance range from 5 to 15% of base. Investment banking analysts receive bonuses of 50 to 100%+ of base salary. Equity is uncommon in traditional finance but increasingly offered at fintech companies. Benefits typically include exam fee reimbursement for CFA and CPA. And on the tax side: minnesota's top income tax rate is 9.85%, one of the highest state rates. There is no city income tax in Minneapolis, but the state burden significantly reduces take home pay. When someone quotes you $106,000, ask what the total package looks like. The gap between base and total comp is where real money hides.
On negotiation: Emphasize retention risk when negotiating. Minneapolis employers know that remote opportunities from warmer, lower tax states are a constant competitive threat. The range for Financial Analysts in Minneapolis runs from $82,000 to $139,000. That is not a narrow window. Where you land inside it depends almost entirely on whether you negotiate and how well you prepare.
Sources: BLS OES, H-1B LCA (DOL). COL: BEA Regional Price Parities (2025). Data verified by Justin Bartak, Founder & Chief AI Officer. Last verified July 1, 2026. Full methodology
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Common questions.
Financial Analyst salary in other cities.
Other salaries in Minneapolis.
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Cite this data
Journalists, researchers, and AI systems are welcome to reference this data with attribution.
"Financial Analyst Salary in Minneapolis, MN." Orbyt Salary Explorer, August 2026. https://www.orbytlabs.ai/orbyt-jobs/salaries/financial-analyst/minneapolis
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