Financial Managers Pay Range in Minnesota
Pay distribution across experience levels
- 10th Percentile — Entry Level$99,250
- 25th Percentile — Junior$126,580
- 50th Percentile — Median$163,410
- 75th Percentile — Senior$212,250
- 90th Percentile — Top Earners$277,680
Half of Financial Managers in Minnesota earn more than $163,410. The top 10% make $277,680 or more, while entry-level workers start around $99,250.
Financial Managers in Minnesota: Key Facts
Source: BLS OEWS May 2025
- Minnesota ranks 16th of 51 states for Financial Managers pay, at $176,560 per year (5.5% below the U.S. average of $186,910).
- 16,680 people work as Financial Managers in Minnesota — 2.0% of all U.S. Financial Managers jobs.
- Location quotient 1.04: Financial Managers jobs are more concentrated in Minnesota than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $99,250; the top 10% earn over $277,680.
- Hourly equivalent: $84.88 per hour (2,080 hours/year).
- The highest-paying state is New York at $246,560.
- Among management jobs in Minnesota, Chief Executives pays the most ($246,240).
Financial Managers Job Market in Minnesota
Key factors affecting compensation
Minnesota's key industries are Healthcare, Finance, Manufacturing, and its job market is rated strong. Financial Managers here earn $176,560 on average, placing the state 16th nationally.
With a cost-of-living index of 1.0 (U.S. = 1.00), a Minnesota salary of $176,560 is roughly equivalent to $176,560 at the national average cost of living.
Compared with nearby states in the pay ranking, Illinois ($183,920), Georgia ($182,920), Rhode Island ($181,400) are the closest alternatives for Financial Managers weighing a move.
U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
Other Management Jobs in Minnesota
Related career salary benchmarks
- Chief Executives $246,240/yr Minnesota +39.5% vs this role
- Marketing Managers $191,820/yr Minnesota +8.6% vs this role
- Computer and Information Systems Managers $186,520/yr Minnesota +5.6% vs this role
- Architectural and Engineering Managers $180,050/yr Minnesota +2.0% vs this role
- Sales Managers $160,560/yr Minnesota 9.1% vs this role
- Natural Sciences Managers $158,980/yr Minnesota 10.0% vs this role
- Administrative Services Managers $157,510/yr Minnesota 10.8% vs this role
- Purchasing Managers $152,010/yr Minnesota 13.9% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Financial Managers salary in Minnesota?
The average Financial Managers salary in Minnesota is $176,560 per year (median $163,410), which is 5.5% below the national average of $186,910.
How does Minnesota rank for Financial Managers pay?
Minnesota ranks 16th out of 51 states. The highest-paying state is New York ($246,560/yr).
How much do entry-level Financial Managers make in Minnesota?
The lowest-paid 10% of Financial Managers in Minnesota earn about $99,250 per year and the 25th percentile is $126,580.
How much do Financial Managers make per hour in Minnesota?
About $84.88 per hour, based on the $176,560 annual average and 2,080 working hours per year.
How many Financial Managers work in Minnesota?
BLS counts 16,680 Financial Managers jobs in Minnesota (OEWS May 2025).
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