SOC 11-3031 · May 2025 · BLS OEWS
Financial Managers — Minnesota
Minnesota · 5 metro areas compared
The median wage for Financial Managers in Minnesota is $163,410 per year, close to the national median of $166,570 for the same occupation.
Wage distribution · annual
Shaded band holds the middle 50% of earners
Salary overview
The median wage for Financial Managers in Minnesota is $163,410 per year, close to the national median of $166,570 for the same occupation. Half of workers earn between $126,580 and $212,250. Beyond that band, the tenth percentile sits at $99,250 and the ninetieth at $277,680.
The area has 16,680 jobs in this occupation, which works out to 5.7 of every thousand jobs. Minnesota ranks number 16th out of 51 states by median pay for this occupation. Within the state, Minneapolis records the highest median at $165,620. Of the 721 occupations with published wages in this area, it sits 30th.
Percentile breakdown
| Percentile | Annual | vs US median |
|---|---|---|
| 10th | $99,250 | −40.4% |
| 25th | $126,580 | −24.0% |
| Median (50th) | $163,410 | −1.9% |
| 75th | $212,250 | +27.4% |
| 90th | $277,680 | +66.7% |
| Mean | $176,560 | +6.0% |
Highest-paying metro areas in Minnesota
| # | Metro area | Median | Jobs | Relative |
|---|---|---|---|---|
| 1 | Minneapolis | $165,620 | 12,460 | |
| 2 | Rochester | $158,570 | 390 | |
| 3 | St. Cloud | $135,760 | 490 | |
| 4 | Mankato | $134,710 | 210 | |
| 5 | Duluth | $126,800 | 420 |
What the pay is worth locally
Prices in Minnesota sit close to the national average, so $163,410 is worth roughly its face value against pay elsewhere.
Published median
$163,410as reported by BLSLocal price level
98.6US average = 100 · BEA 2024Adjusted for local prices
$165,730US average = 100 · BEA 2024Key takeaways
- Median pay is $163,410 a year, 1.9% below the national median.
- Published pay spans $99,250 to $277,680 between the tenth and ninetieth percentiles.
- The area has 16,680 jobs in this occupation.
- It ranks 16th of 51 states for this occupation.
- The highest-paying metro area covered is Minneapolis, at $165,620.
Frequently asked questions
What is the median wage for Financial Managers in Minnesota?
The median annual wage is $163,410, or $78.56 per hour, as of May 2025. Half of the workers in this occupation earn more than that and half earn less.
Is that higher than the national average?
The national median for this occupation is $166,570, so pay in Minnesota is 1.9% lower. These figures are medians, not averages: half of workers fall on each side.
What do the top earners make?
The top tenth of this occupation in Minnesota earns more than $277,680 per year. The ninetieth percentile is the highest figure the survey publishes.
What is the starting range?
The tenth percentile wage is $99,250 per year. The survey measures wages actually paid rather than experience level, so this reflects the lowest-paid tenth rather than entry-level pay specifically.
Which area nearby pays the most?
The highest median for this occupation among the metro areas covered is in Minneapolis, at $165,620 per year.
How many jobs are there in this occupation here?
The survey estimates 16,680 jobs in this occupation in Minnesota. Self-employed workers are not included.
Source and methodology
U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 Wages are for wage-and-salary workers; self-employed workers are not included. Salary Explorer is an independent project. It is not affiliated with, or endorsed by, the U.S. Bureau of Labor Statistics or any government agency. Full methodology.
Explore related data