Financial Analysts in Minnesota
Is Minnesota a good place for you to work as a Financial Analyst?
You’re in luck! Jobs for Financial Analysts in Minnesota are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Financial Analysts in Minnesota is growing faster than average.
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Financial Analysts in Minnesota earn higher salaries than the typical U.S. wage earner.
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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.
The typical state has 2,900 Financial Analysts working in it, which means Minnesota has more Financial Analysts than average.
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%.
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.
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 |
Related Careers in MN
You may also be interested in the following careers:
| Occupation | MN Employment Total |
|---|
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Dave Dugdale under License
More about our data sources and methodologies.
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