How to Become a Securities, Commodities, and Financial Services Sales Agents in Minnesota
Securities, Commodities, and Financial Services Sales Agents in Minnesota earn a median salary of $83,350/year, which is 6% above the national average. Minnesota has a state income tax of ~5.1%. After taxes and rent, a securities, commodities, and financial services sales agents takes home approximately $3,510/month. Most positions require High school diploma or equivalent.
What a securities, commodities, and financial services sales agents can afford in Minnesota
Becoming a securities, commodities, and financial services sales agents in Minnesota
Meet education requirements
Securities, Commodities, and Financial Services Sales Agents positions in Minnesota typically require High school diploma or equivalent. Programs are available at colleges and training institutions across Minnesota. Research accredited programs in your area.
Gain required experience
Many securities, commodities, and financial services sales agents 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 securities, commodities, and financial services sales agentss. 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 8,820 securities, commodities, and financial services sales agents. The highest concentrations are in Minneapolis-St. Paul-Bloomington and Mankato.
Securities, Commodities, and Financial Services Sales Agents salary by metro area in Minnesota
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Minneapolis-St. Paul-Bloomington | $98K | $46.96/hr | 6,700 |
| Mankato | $80K | $38.61/hr | 90 |
| Rochester | $64K | $30.7/hr | 180 |
| St. Cloud | $63K | $30.31/hr | 190 |
| Duluth | $61K | $29.21/hr | 250 |
Securities, Commodities, and Financial Services Sales Agents salary range in Minnesota
Securities, Commodities, and Financial Services Sales Agents careers in other states
Frequently asked questions
How much does a securities, commodities, and financial services sales agents make in Minnesota?▼
The median securities, commodities, and financial services sales agents salary in Minnesota is $83,350 per year ($40.07/hr). This is 6% above the national median of $78,660. Salaries range from $50,600 to $320,440.
What are the requirements to become a securities, commodities, and financial services sales agents in Minnesota?▼
Securities, Commodities, and Financial Services Sales Agents positions in Minnesota typically require High school diploma or equivalent. Minnesota may have specific licensing or certification requirements. Check with the Minnesota licensing board or department of labor for current requirements.
Can a securities, commodities, and financial services sales agents afford to live in Minnesota?▼
At the median salary of $83,350, a securities, commodities, and financial services sales agents in Minnesota would take home approximately $5,232/month after taxes. With median 2-bedroom rent at $1,722/month, that's 32.9% of take-home pay going to housing. This exceeds the recommended 30% guideline.
What are the best cities for securities, commodities, and financial services sales agents in Minnesota?▼
The highest paying metro areas for securities, commodities, and financial services sales agents in Minnesota are Minneapolis-St. Paul-Bloomington ($97,670), Mankato ($80,310), Rochester ($63,850). However, cost of living varies significantly between metros, a higher salary may not mean more purchasing power.
Does Minnesota have state income tax for securities, commodities, and financial services sales agents?▼
Yes, Minnesota has a state income tax rate of approximately 5.1%. On a $83,350 salary, this means roughly $4,241/year in state income tax. Use our take-home pay calculator for a detailed breakdown.