How to Become a Budget Analysts in Minnesota
Budget Analysts in Minnesota earn a median salary of $81,900/year, which is 7% below the national average. Minnesota has a state income tax of ~5.1%. After taxes and rent, a budget analysts takes home approximately $3,743/month. Most positions require Bachelor's degree.
What a budget analysts can afford in Minnesota
Becoming a budget analysts in Minnesota
Meet education requirements
Budget Analysts positions in Minnesota typically require Bachelor's degree. Programs are available at colleges and training institutions across Minnesota. Research accredited programs in your area.
Gain required experience
Many budget analysts positions in Minnesota require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Minnesota licensure or certification
Minnesota may require specific licensing or professional certification for budget analystss. Requirements vary by state — contact the Minnesota Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Minnesota
Minnesota employs 470 budget analysts. The highest concentrations are in Minneapolis-St. Paul-Bloomington.
Budget Analysts salary by metro area in Minnesota
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Minneapolis-St. Paul-Bloomington | $82K | $39.23/hr | 350 |
Budget Analysts salary range in Minnesota
Budget Analysts careers in other states
Frequently asked questions
How much does a budget analysts make in Minnesota?▼
The median budget analysts salary in Minnesota is $81,900 per year ($39.38/hr). This is 7% below the national median of $87,930. Salaries range from $63,480 to $134,850.
What are the requirements to become a budget analysts in Minnesota?▼
Budget Analysts positions in Minnesota typically require Bachelor's degree. Minnesota may have specific licensing or certification requirements. Check with the Minnesota licensing board or department of labor for current requirements.
Can a budget analysts afford to live in Minnesota?▼
At the median salary of $81,900, a budget analysts in Minnesota would take home approximately $5,155/month after taxes. With median 2-bedroom rent at $1,412/month, that's 27.4% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for budget analysts in Minnesota?▼
The highest paying metro areas for budget analysts in Minnesota are Minneapolis-St. Paul-Bloomington ($81,600). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Minnesota have state income tax for budget analysts?▼
Yes, Minnesota has a state income tax rate of approximately 5.1%. On a $81,900 salary, this means roughly $4,142/year in state income tax. Use our take-home pay calculator for a detailed breakdown.
