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Financial Analyst Salary Information in Minnesota

The average annual and hourly salaries for financial analysts in the state of Minnesota are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of financial analysts among Minnesota cities is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Financial Analysts in Minnesota

Percentile BracketAverage Annual Salary
10th Percentile Wage
$53,170
25th Percentile Wage
$65,340
50th Percentile Wage
$83,290
75th Percentile Wage
$106,990
90th Percentile Wage
$142,490

Table 1 shows the average annual salary for financial analysts in Minnesota in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $142,490. The median (50th percentile) annual salary is $83,290. The average annual salary for the bottom 10 percent is $53,170.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of financial analysts from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$83,290
3.70% 15.64%
2016
$80,210
0.34% -
2015
$79,940
4.54% -
2014
$76,310
3.29% -
2013
$73,800
4.80% -
2012
$70,260
- -

Table 3. Median Annual Salary of Financial Analysts in Minnesota Cities

Table 3 shows the median annual salary of financial analysts in some Minnesota cities and metropolitan areas. We note that the median annual salary of financial analysts in state of Minnesota ranges from $56,780 to $77,650. The highest paying area for financial analysts in Minnesota is Rochester with a median annual salary of $77,650. The second highest paying city/area in Minnesota State is Southeast Minnesota nonmetropolitan area (mean annual salary $72,550). The lowest paying area is Northwest Minnesota nonmetropolitan area with a median annual salary of $56,780.

Cities/Areas Median Annual Salary
Rochester
$77,650
Southeast Minnesota nonmetropolitan area
$72,550
St Cloud
$67,490
Southwest Minnesota nonmetropolitan area
$66,850
Northwest Minnesota nonmetropolitan area
$56,780




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