Financial Risk Specialists pay range in Minneapolis
New workers and the lowest-paid 10% earn about $72,010 a year or less, while the top 10% make $162,730 or more. The middle half of financial risk specialists in Minneapolis earn between $89,200 and $132,180.
- $72K10th
- $89K25th
- $105KMedian
- $132K75th
- $163K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $114,770 | $9,564 | $55.18 |
| Median | $105,420 | $8,785 | $50.68 |
| Entry level (25th percentile) | $89,200 | $7,433 | $42.88 |
| Experienced (75th percentile) | $132,180 | $11,015 | $63.55 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Financial Risk Specialists pay in Minneapolis vs. Minnesota and the U.S.
Financial risk specialists in Minneapolis earn about the same as the Minnesota average ($113,470) and 8% less than the U.S. average ($124,420). At the median the gap is -10% against the U.S. median of $117,330.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Minneapolis | $114,770 | $105,420 | $72,010 | $162,730 | 940 |
| Minnesota | $113,470 | $105,420 | $72,930 | $161,880 | 1,190 |
| United States | $124,420 | $117,330 | $64,820 | $196,110 | 63,850 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Financial Risk Specialists salary after taxes in Minneapolis
On the average salary of $114,770, a single filer in Minneapolis takes home about $83,290 a year, or $6,941 a month and $3,203 every two weeks. Taxes take 27% of gross pay.
The Minneapolis-St. Paul-Bloomington, MN-WI metro area crosses state lines, so take-home pay depends on the state where you work:
| State | Per year | Per month |
|---|---|---|
| Working in WI | $84,266 | $7,022 |
| Working in MN | $83,290 | $6,941 |
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Minnesota Paid Leave premiums are not included.
Is Minneapolis a good place for financial risk specialists? Pay vs. cost of living
Prices in the Minneapolis area are 5% above the U.S. average (BEA price parity 104.8), so the average $114,770 buys what about $109,490 would buy in a typical U.S. metro. This job pays 1.8 times the median wage of all jobs in Minneapolis ($59,320). A typical home costs $393,774, or 3.4 years of this average salary before tax.
Financial Risk Specialists salary in nearby metro areas
- Sioux Falls, SD$99,110
- Fargo, ND$87,400
- Cedar Rapids, IA$95,820
- Madison, WI$102,720
- Oshkosh, WI$92,530
- Des Moines, IA$120,690
Highest-paying cities for financial risk specialists
San Jose, CA pays this job the most of the metro areas we cover ($162,550).
- San Jose, CA$162,550
- San Francisco, CA$159,040
- New York, NY$155,130
- Bridgeport, CT$146,120
- Charlotte, NC$144,270
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Financial Risk Specialists salary in Minneapolis: questions
How much do financial risk specialists make an hour in Minneapolis?
$55.18 an hour on average, and $50.68 at the median (BLS, May 2025).
What is the entry-level financial risk specialists salary in Minneapolis?
The lowest-paid 10% earn about $72,010 a year and the 25th percentile is $89,200, a fair guide to starting pay.
What is the financial risk specialists take-home pay in Minneapolis?
About $83,290 a year ($6,941 a month) for a single filer on the average salary of $114,770. Minnesota Paid Leave premiums are not included.
Do financial risk specialists earn more in Minneapolis than elsewhere?
The average here is 8% less than the U.S. average for this job ($124,420).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2054; area Minneapolis-St. Paul-Bloomington, MN-WI (33460). Relative standard error of the mean wage: 1.6%.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Minnesota Paid Leave premiums are not included.
- Job concentration: location quotient 1.17, this job is about as common as in the U.S. overall.
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