Financial Manager Salary in Minneapolis, MN
Financial Managers in the Minneapolis-St. Paul-Bloomington, MN-WI metro area earn a median $165,620 a year — 1% less than the national median. After 2026 taxes, that is $114,299 take-home, or $9,525 a month.
Take-home pay calculator
Pre-filled with the median financial manager salary in Minneapolis, MN. Enter your own offer to see your paycheck.
- Federal income tax$28,483
- Social Security (6.2%)$10,268
- Medicare (1.45%)$2,401
- Minnesota income tax$10,168
- Take-home pay$114,299
Marginal rate: 24% federal + 7.85% state
The Minneapolis-St. Paul-Bloomington, MN-WI metro spans Minnesota, Wisconsin. Pick the state you live in — state income tax follows your residence.
Got an offer somewhere else? Compare it with this one after taxes and rent →
Financial Manager pay by experience in Minneapolis, MN
| Percentile | Salary | Hourly | Take-home / yr | Per month |
|---|---|---|---|---|
| 10th percentile (entry level) | $102,710 | $49.38 | $75,626 | $6,302 |
| 25th percentile | $131,250 | $63.10 | $93,505 | $7,792 |
| Median (50th) | $165,620 | $79.63 | $114,299 | $9,525 |
| 75th percentile | $215,000 | $103.37 | $145,930 | $12,161 |
| 90th percentile (top earners) | $293,100+ | $140.91 | $189,186 | $15,765 |
Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, Minnesota resident, 2026 tax rules.
What $165,620 buys in Minneapolis, MN
Prices in Minneapolis, MN are 4.8% higher than the U.S. average (housing costs are 1.12× the national average). Adjusted for local prices, a median financial manager's $114,299 take-home pay has the buying power of $109,041 in a typical American city.
Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.
Financial Manager jobs are about as common in Minneapolis, MN as in the U.S. overall (location quotient 1.18).
Best-paying cities for financial managers, adjusted for cost of living
Minneapolis, MN ranks #38 of 55 metro areas once taxes and local prices are taken into account.
| # | Metro area | Median salary | Take-home | Real value* |
|---|---|---|---|---|
| 1 | Bridgeport, CT | $211,000 | $146,519 | $137,107 |
| 2 | New York, NY | $221,010 | $152,151 | $135,169 |
| 3 | Boston, MA | $209,780 | $145,861 | $134,725 |
| 4 | San Jose, CA | $225,280 | $147,303 | $133,399 |
| 5 | Denver, CO | $193,400 | $136,206 | $128,761 |
| 6 | Austin, TX | $167,180 | $125,534 | $128,009 |
| 7 | Houston, TX | $166,910 | $125,349 | $127,091 |
| 8 | Charlotte, NC | $172,760 | $122,963 | $126,313 |
| 38 | Minneapolis, MN | $165,620 | $114,299 | $109,041 |
*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 55 metros →
About the job: financial managers
Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.
- Typical education
- Bachelor's degree
- Work experience
- 5 years or more
- On-the-job training
- None
- Job outlook, 2025–35
- +9.7% (much faster than average)
Source: BLS Standard Occupational Classification and Employment Projections, 2025–35.
Frequently asked questions
How much does a financial manager make in Minneapolis, MN?
The median financial manager salary in the Minneapolis-St. Paul-Bloomington, MN-WI metro area is $165,620 a year, or about $79.63 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $131,250 and $215,000.
What is a financial manager’s take-home pay in Minneapolis, MN?
On the median $165,620 salary, a single filer living in Minnesota takes home about $114,299 a year ($9,525 a month) after federal tax, Social Security, Medicare and $10,168 in Minnesota taxes in 2026.
Is Minneapolis, MN a good place to work as a financial manager?
Pay here is 1% below the national median of $166,570. Local prices are 4.8% above the U.S. average, so the take-home pay buys what $109,041 would in a typical U.S. city. Minneapolis, MN ranks #38 of 55 metro areas for cost-of-living-adjusted pay in this job.
Can a financial manager afford rent in Minneapolis, MN?
HUD’s fair market rent for a one-bedroom in Minneapolis, MN is $1,396 a month ($1,700 for two bedrooms) — 15% of a median financial manager’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.
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