How to Become a Financial and Investment Analysts in Minnesota
Financial and Investment Analysts in Minnesota earn a median salary of $102,800/year, which is 1% above the national average. Minnesota has a state income tax of ~5.4%. After taxes and rent, a financial and investment analysts takes home approximately $4,850/month. Most positions require Bachelor's degree.
What a financial and investment analysts can afford in Minnesota
Becoming a financial and investment analysts in Minnesota
Meet education requirements
Financial and Investment 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 financial and investment 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 financial and investment 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 6,690 financial and investment analysts. The highest concentrations are in Minneapolis-St. Paul-Bloomington and Rochester.
Financial and Investment Analysts salary by metro area in Minnesota
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Minneapolis-St. Paul-Bloomington | $103K | $49.62/hr | 5,520 |
| Rochester | $102K | $49.2/hr | 280 |
| Duluth | $91K | $43.79/hr | 160 |
| St. Cloud | $85K | $41.08/hr | 130 |
| Mankato | $81K | $38.78/hr | 40 |
Financial and Investment Analysts salary range in Minnesota
Financial and Investment Analysts careers in other states
Frequently asked questions
How much does a financial and investment analysts make in Minnesota?▼
The median financial and investment analysts salary in Minnesota is $102,800 per year ($49.43/hr). This is 1% above the national median of $101,350. Salaries range from $66,730 to $161,340.
What are the requirements to become a financial and investment analysts in Minnesota?▼
Financial and Investment 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 financial and investment analysts afford to live in Minnesota?▼
At the median salary of $102,800, a financial and investment analysts in Minnesota would take home approximately $6,262/month after taxes. With median 2-bedroom rent at $1,412/month, that's 22.5% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for financial and investment analysts in Minnesota?▼
The highest paying metro areas for financial and investment analysts in Minnesota are Minneapolis-St. Paul-Bloomington ($103,200), Rochester ($102,330), Duluth ($91,080). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Minnesota have state income tax for financial and investment analysts?▼
Yes, Minnesota has a state income tax rate of approximately 5.4%. On a $102,800 salary, this means roughly $5,563/year in state income tax. Use our take-home pay calculator for a detailed breakdown.