Financial Manager Salary in Minnesota
Financial Managers in Minnesota earn an average of $173,502 per year across 1 metro area. This is +4.5% higher than the national average.
Average Salary
$173,502
per year
Hourly Rate
$83.41
per hour
vs National
+4.5%
$166,050 national
Salary Range
$117,204
to $254,348
Cost of Living Adjusted Salary
Nominal Salary
$173,502
Cost of Living Index
99
100 = national average
Adjusted Salary
$175,255
purchasing power equivalent
After adjusting for Minnesota's cost of living (below average), a Financial Manager's salary of $173,502 has the purchasing power of $175,255 in an average-cost area.
Financial Manager Salary by City in Minnesota
| City | Median Salary | Hourly Rate | Entry Level (P10) | Senior (P90) | Employment |
|---|---|---|---|---|---|
| Minneapolis, MN | $173,502 | $83.41/hr | $117,204 | $254,348 | 609 |
Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).
Minnesota vs National Average
Financial Manager Salary Comparison
Employment in Minnesota
There are approximately 609 Financial Managers employed across 1 metro area in Minnesota.
Key Industries: Healthcare, Finance, Manufacturing
State Income Tax: 5.35% - 9.85%
Financial Manager Salary Range in Minnesota
Entry Level (10th Percentile)
$117,204
Starting salary for new Financial Managers
Median (50th Percentile)
$173,502
Mid-career Financial Manager salary
Senior (90th Percentile)
$254,348
Top earners in the field
Related Occupations in Minnesota
Management Analyst
$103,317
avg in MN
-$70,185 vs Financial Manager
Financial Analyst
$101,236
avg in MN
-$72,266 vs Financial Manager
Accountant
$80,530
avg in MN
-$92,972 vs Financial Manager
Market Research Analyst
$77,493
avg in MN
-$96,009 vs Financial Manager
Human Resources Specialist
$70,034
avg in MN
-$103,468 vs Financial Manager
Financial Manager Salary in Neighboring States
Compare Financial Manager salaries in Minnesota with nearby states to find the best opportunities.
More Minnesota Data
Frequently Asked Questions
What is the average Financial Manager salary in Minnesota?
The average Financial Manager salary in Minnesota is $173,502 per year ($83.41/hour) based on 2026 data across 1 metro areas. This is 4.5% above the national average of $166,050.
What is the highest paying city for Financial Managers in Minnesota?
Minneapolis, MN is the highest paying city for Financial Managers in Minnesota, with a median salary of $173,502 per year.
What is the salary range for Financial Managers in Minnesota?
Financial Manager salaries in Minnesota range from $117,204 (entry-level, 10th percentile) to $254,348 (experienced, 90th percentile). The median salary is $173,502 per year.
About This Data
Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. State-level averages are calculated from metro area data within Minnesota. Figures represent 2026 estimates and may not reflect all employers or self-employed workers. Cost of living adjustments use regional indices to provide purchasing power context.