Based on the latest Bureau of Labor Statistics OEWS data — updated September 10, 2026.
| Minnesota | National | Difference | |
|---|---|---|---|
| Median annual salary | $102,660 | $110,804 | -7% |
| Median hourly wage | $49.36 | $53.27 | -7% |
Adjusted for local price levels (100 = national average), the cost-adjusted median is $104,118.
| City | Median | Entry Level | Experienced | Cost of Living |
|---|---|---|---|---|
| City-level data coming soon. | ||||
The median annual salary for a Financial Advisor in Minnesota is $102,660, or about $49.36 per hour, according to BLS OEWS data.
The national median for Financial Advisors is $110,804. Minnesota is -7% below the national median.
Entry-level financial advisors in Minnesota typically earn from varies by experience depending on the city and employer.
With 5,280 financial advisor jobs on record and a median salary of $102,660, Minnesota offers competitive pay compared to the rest of the country.
By median annual wage, financial advisors rank 108 of the 721 occupations reported in Minnesota — higher than 85% of them.
Among occupations in the same job family, Financial Risk Specialists at $105,420, Financial Examiners at $104,260, Financial and Investment Analysts at $102,990 — all figures are median annual wages for Minnesota.
No. Every figure on this page is a gross (pre-tax) wage. Minnesota levies a state income tax, so take-home pay is lower than the gross figures shown here. The state's cost of living index is 97.0 (100 = national average).
By median annual wage, financial advisors rank 108 of the 721 occupations reported in Minnesota — higher than 85% of them.
| Occupation in the same job family | Median in Minnesota | Jobs |
|---|---|---|
| Financial Risk Specialists | $105,420 | $1,190 |
| Financial Examiners | $104,260 | $1,280 |
| Financial and Investment Analysts | $102,990 | $7,450 |
| Management Analysts | $100,790 | $20,700 |
| Labor Relations Specialists | $100,760 | $1,710 |
| Project Management Specialists | $97,860 | $18,850 |
Minnesota levies a state income tax, so take-home pay is lower than the gross figures shown here. The state's cost of living index is 97.0 (100 = national average).
Ranking and comparison figures come from the same BLS OEWS release as the rest of this page, which covers 721 occupations in Minnesota.