Minnesota ranks 16th of 51 states and D.C. for financial managers pay, trailing top-paying New York ($215,740) by $57,700 — a 37% gap.
Minnesota employs roughly 2.0% of all financial managers in the country (16,520 workers).
Salary Range: 10th to 90th Percentile
Full Percentile Breakdown
| Percentile | Annual Wage | Hourly Wage |
|---|---|---|
| 10th percentile (entry-level) | $98,430 | $47.32 |
| 25th percentile | $123,470 | $59.36 |
| 50th percentile (median) | $158,040 | $75.98 |
| 75th percentile | $204,950 | $98.54 |
| 90th percentile (top earners) | N/A | N/A |
| Mean (average) | $170,550 | $81.99 |
How Minnesota Compares
| State | Median Annual | vs. Minnesota |
|---|---|---|
| Minnesota (current) | $158,040 | n/a |
| New York | $215,740 | +37% |
| New Jersey | $188,750 | +19% |
| District of Columbia | $181,210 | +15% |
| Massachusetts | $181,170 | +15% |
| Delaware | $180,050 | +14% |
| California | $174,920 | +11% |
| Colorado | $174,840 | +11% |
| Washington | $171,300 | +8% |
Showing top-paying states with available data. View all states →
Related Occupations in Minnesota
| Occupation | Median Annual | Employment |
|---|---|---|
| Purchasing Managers | $157,450 | 1,400 |
| Managers, All Other | $158,680 | 4,640 |
| Pharmacists | $154,610 | 6,010 |
| Human Resources Managers | $152,250 | 4,140 |
| Marketing Managers | $167,250 | 8,610 |
| Sales Managers | $148,190 | 10,480 |
Frequently Asked Questions
What is the average Financial Managers salary in Minnesota?
The mean financial managers salary in Minnesota is $170,550 per year. The median (middle) salary is $158,040 per year.
What is the starting salary for a Financial Managers in Minnesota?
Entry-level financial managerss (10th percentile) in Minnesota typically earn around $98,430 per year. Workers at the 25th percentile earn approximately $123,470 per year.
What is the highest Financial Managers salary in Minnesota?
Top earners (90th percentile) in this occupation in Minnesota make approximately N/A per year. Those in the 75th percentile earn around $204,950 per year.
How does the Minnesota Financial Managers salary compare to the national average?
The median financial managers salary in Minnesota is $158,040, which is -2% below national average of $161,700.