Financial Managers Salary in Minneapolis, MN (2024)
Financial Managers in the Minneapolis-St. Paul-Bloomington, MN-WI metro area earn a median of $163,330 per year ($78.52 per hour) based on 12,230 jobs counted by the Bureau of Labor Statistics in 2024. That is +1.0% against the national median of $161,700 for this occupation.
Pay distribution
The median is a single point on a wide curve. The table below shows where financial managers actually sit across the pay range in Minneapolis, MN, from the bottom decile to the top.
| Percentile | Hourly | Annual | Note |
|---|---|---|---|
| 10th percentile | $49.20 | $102,330 | |
| 25th percentile | $62.80 | $130,620 | |
| Median | $78.52 | $163,330 | half earn more, half earn less |
| 75th percentile | $101.43 | $210,980 | |
| 90th percentile | — | — | |
| Average (mean) | $85.12 | $177,050 |
How Minneapolis, MN compares
The local median of $163,330 runs +1.0% above the US median of $161,700 for this occupation; it pays 183.4% more than the metro-wide median across all jobs ($57,640); within the metro it ranks 14th of 659 detailed occupations by median pay.
| Benchmark | Median annual | Difference |
|---|---|---|
| Minneapolis, MN — this occupation | $163,330 | — |
| US median, same occupation (all areas) | $161,700 | +1.0% |
| Minneapolis, MN — all occupations | $57,640 | +183.4% |
| Highest metro in the US for this job | $216,520 | -24.6% |
The location quotient of 1.19 is close to 1.0: the occupation's share of local employment tracks the national average.
High confidence The relative standard error on this estimate is 1.2%, which is a tight margin — the figure is stable enough to plan around.
Ranked 14th of 659 detailed occupations in the metro by median annual wage.
Highest-paying jobs in Minneapolis, MN
To put $163,330 in context, these are the best-paid detailed occupations in the same metro area. This occupation sits 14th.
| Occupation | Median annual | Employment |
|---|---|---|
| Nurse Anesthetists | $233,030 | 1,700 |
| Physicists | $215,340 | 30 |
| Chief Executives | $210,000 | 4,590 |
| Dentists, General | $209,870 | 1,860 |
| Pediatricians, General | $206,940 | 590 |
| Airline Pilots, Copilots, and Flight Engineers | $184,560 | — |
| Judges, Magistrate Judges, and Magistrates | $182,790 | 330 |
| Air Traffic Controllers | $178,920 | 580 |
| Computer and Information Systems Managers | $173,630 | 8,680 |
| Architectural and Engineering Managers | $170,970 | 3,410 |
Where financial managers earn the most
Across the 25 metro areas with released data for this occupation, medians run from $134,990 to $216,520. These are the top markets.
| Metro area | Median annual | Employment |
|---|---|---|
| New York-Newark-Jersey City, NY-NJ | $216,520 | 77,970 |
| San Francisco-Oakland-Fremont, CA | $211,730 | 18,380 |
| Boston-Cambridge-Newton, MA-NH | $188,490 | 22,830 |
| Seattle-Tacoma-Bellevue, WA | $180,770 | 9,460 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $177,690 | 25,520 |
| Denver-Aurora-Centennial, CO | $177,470 | 8,190 |
| Los Angeles-Long Beach-Anaheim, CA | $171,920 | 35,320 |
| Atlanta-Sandy Springs-Roswell, GA | $168,990 | 16,620 |
| San Diego-Chula Vista-Carlsbad, CA | $168,300 | 8,120 |
| Austin-Round Rock-San Marcos, TX | $168,100 | 6,910 |
See the full national picture on the Financial Managers salary by metro page.
Frequently asked questions
What is the median salary for financial managers in Minneapolis, MN?
The median annual wage is $163,330, or $79 per hour. That means half of the financial managers working in the Minneapolis-St. Paul-Bloomington, MN-WI metro area earn more than this figure and half earn less. The average is $177,050.
Is financial managers pay in Minneapolis, MN above the local average?
Yes, it is 183.4% above the all-occupation median for the metro, which is $57,640. That comparison is the fairer one for judging local purchasing power, because it holds the metro's overall cost and wage level constant.
How does Minneapolis, MN pay compare with the rest of the US for this job?
At $163,330 the metro median is 1.0% higher than the US median of $161,700 for financial managers. Across the 25 metro areas covered here, this occupation ranges from $134,990 to $216,520.
How many financial managers work in Minneapolis, MN?
BLS counts about 12,230 people in this occupation in the metro area, or 6.33 jobs per 1,000 total jobs. The location quotient of 1.19 is close to 1.0: the occupation's share of local employment tracks the national average.
About these figures
Figures come from the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey for 2024 (employment relative standard error 3.4%). OEWS measures what employers pay, not what any individual earns; it excludes self-employed workers, and it does not adjust for local cost of living.
Read the full methodology, or the original data at bls.gov/oes.