Financial Managers pay range in Minneapolis
New workers and the lowest-paid 10% earn about $102,710 a year or less, while the top 10% make $293,100 or more. The middle half of financial managers in Minneapolis earn between $131,250 and $215,000.
- $103K10th
- $131K25th
- $166KMedian
- $215K75th
- $293K90th
median average · bar = middle 50% of workers
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $183,030 | $15,252 | $88.00 |
| Median | $165,620 | $13,802 | $79.62 |
| Entry level (25th percentile) | $131,250 | $10,938 | $63.10 |
| Experienced (75th percentile) | $215,000 | $17,917 | $103.37 |
*Hourly figures assume 2,080 paid hours a year.
Financial Managers salary after taxes in Minneapolis
On the average salary of $183,030, a single filer in Minneapolis takes home about $124,832 a year, or $10,403 a month and $4,801 every two weeks. Taxes take 32% of gross pay.
The Minneapolis-St. Paul-Bloomington, MN-WI metro area crosses state lines, so take-home pay depends on the state where you work:
| State | Per year | Per month |
|---|---|---|
| Working in WI | $127,307 | $10,609 |
| Working in MN | $124,832 | $10,403 |
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Minnesota Paid Leave premiums are not included.
Is Minneapolis a good place for financial managers? Pay vs. cost of living
Prices in the Minneapolis area are 5% above the U.S. average (BEA price parity 104.8), so the average $183,030 buys what about $174,610 would buy in a typical U.S. metro. This job pays 2.8 times the median wage of all jobs in Minneapolis ($59,320). A typical home costs $393,774, or 2.2 years of this average salary before tax.
Financial Managers salary in other Minnesota cities
Minneapolis ranks 1st of 5 Minnesota metro areas for this job, the best-paid in the state.
Highest-paying cities for financial managers
San Jose, CA pays this job the most of the metro areas we cover ($273,690).
- San Jose, CA$273,690
- New York, NY$250,570
- San Francisco, CA$244,930
- Bridgeport, CT$225,000
- Boston, MA$221,800
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Financial Managers salary in Minneapolis: questions
How much do financial managers make an hour in Minneapolis?
$88.00 an hour on average, and $79.62 at the median (BLS, May 2025).
What is the entry-level financial managers salary in Minneapolis?
The lowest-paid 10% earn about $102,710 a year and the 25th percentile is $131,250, a fair guide to starting pay.
What is the financial managers take-home pay in Minneapolis?
About $124,832 a year ($10,403 a month) for a single filer on the average salary of $183,030. Minnesota Paid Leave premiums are not included.
Do financial managers earn more in Minneapolis than elsewhere?
The average here is 4% less than the U.S. metro average for this job ($189,775).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 11-3031; area Minneapolis-St. Paul-Bloomington, MN-WI (33460). Relative standard error of the mean wage: 1.8%.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Minnesota Paid Leave premiums are not included.
- Job concentration: location quotient 1.18, this job is about as common as in the U.S. overall.
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