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Financial Analysts in Minnesota

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Financial Analysts in Minnesota

Want to work in Minnesota as a Financial Analyst? Read this first!

9.7% Jobs Projection
$85,940 Median Salary
650 Job Openings

You’re in luck! Jobs for Financial Analysts in Minnesota are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Financial Analysts in Minnesota is growing faster than average.

  • Financial Analysts in Minnesota earn higher salaries than the typical U.S. wage earner.

How Many Financial Analysts Work in Minnesota?

There were approximately 6,320 workers employed as Financial Analysts in this state in 2018.

There were 6,080 Financial Analysts employed in this state in 2017.

That’s growth of 240 jobs between 2017 and 2018.

Financial Analysts in MN Employment Trend

The typical state has 2,900 Financial Analysts working in it, which means Minnesota has more Financial Analysts than average.

Financial Analysts in MN vs. the Average State

Job Projections for Minnesota

Jobs for Financial Analysts in this state are growing at a rate of 9.7% which is slower than the nationwide estimated projection of 10.8%.

Job Projections for Financial Analysts: Nation vs. MN

Minnesota Annual Job Openings

The BLS estimates 650 annual job openings, and a total of 7,330 jobs for Minnesota Financial Analysts in 2026.

Nationwide, the prediction is 29,000 annual jobs and 328,200 total jobs in 2026.

What do Financial Analysts Make in Minnesota?

In 2018 wages for Financial Analysts ranged from $56,150 to $141,790 with $85,940 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $27 to $68.17. The median hourly rate was $41.32.

In 2017 the median pay for this field was $40.04 an hour.

The hourly rate grew by $1.28.

The median salary in Minnesota is higher than the nationwide median salary.

Financial Analysts Earnings: MN vs. National Average

Top Minnesota Metros for Financial Analysts

The table below shows some of the metros in this state with the most Financial Analysts.

Metro Number Employed Annual Median Salary
Minneapolis-St. Paul-Bloomington, MN-WI 5,690 $87,580
Fargo, ND-MN 140 $76,520
Duluth, MN-WI 100 $73,210
St. Cloud, MN 100 $71,810
La Crosse-Onalaska, WI-MN 60 $67,330
Rochester, MN 50 $83,980
Mankato-North Mankato, MN 30 $81,040

Top States for Financial Analysts Employment

View the list below to see where most Financial Analysts work.

State Number Employed Annual Median Salary
New York 53,250 $107,160
California 37,900 $95,680
Texas 26,850 $83,060
Illinois 14,810 $79,310
Massachusetts 13,400 $87,060
Florida 13,400 $69,060
Pennsylvania 11,980 $82,010
New Jersey 10,560 $94,070
Ohio 9,260 $71,920
North Carolina 8,930 $80,740
Virginia 8,550 $86,550
Georgia 7,400 $75,230
Washington 6,480 $80,300
Minnesota 6,320 $85,940
Connecticut 6,240 $92,470
Michigan 6,090 $78,490
Maryland 5,640 $81,300
Arizona 5,330 $74,200
Tennessee 4,510 $69,130
Missouri 4,280 $81,990

Below are the states where Financial Analysts get paid the most:

State Annual Median Salary
New York $107,160
California $95,680
New Jersey $94,070
Connecticut $92,470
District of Columbia $91,390
Colorado $90,060
Massachusetts $87,060
Virginia $86,550
Montana $86,520
Minnesota $85,940

You may also be interested in the following careers:

Occupation MN Employment Total
Personal Financial Advisors 3,720
Insurance Underwriters 1,620

What Major Will Prepare You For a Financial Analyst Career?

References

More about our data sources and methodologies.

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