Financial Specialists in Minnesota
Is Minnesota a good place for you to work as a Financial Specialist?
You’re in luck! Jobs for Financial Specialists in Minnesota are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Financial Specialists in Minnesota is growing faster than average.
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Financial Specialists in Minnesota earn higher salaries than the typical U.S. wage earner.
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How Many Financial Specialists Work in Minnesota?
In 2018, there were 3,320 Financial Specialists working in the state.
There were 3,510 Financial Specialists employed in this state in 2017.
That’s a decline of 190 jobs between 2017 and 2018.
The typical state has 1,410 Financial Specialists working in it, which means Minnesota has more Financial Specialists than average.
Job Projections for Minnesota
Jobs for Financial Specialists in this state are growing at a rate of 9.0% which is slower than the nationwide estimated projection of 9.6%.
Minnesota Annual Job Openings
The BLS estimates there will be 330 annual job openings, and 3,750 total jobs in 2026 for Financial Specialists in this state.
Nationwide, the prediction is 13,100 annual jobs and 149,000 total jobs in 2026.
What do Financial Specialists Make in Minnesota?
In 2018 wages for Financial Specialists ranged from $42,340 to $114,730 with $65,470 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $20.36 to $55.16. The median hourly rate was $31.47.
Workers in this field were paid a median of $30.3 an hour in 2017.
The hourly rate grew by $1.17.
The median salary in Minnesota is higher than the nationwide median salary.
Top Minnesota Metros for Financial Specialists
The table below shows some of the metros in this state with the most Financial Specialists.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Minneapolis-St. Paul-Bloomington, MN-WI | 2,800 | $68,020 |
| Fargo, ND-MN | 150 | $63,570 |
| St. Cloud, MN | 110 | $56,960 |
| Duluth, MN-WI | 80 | $56,790 |
| La Crosse-Onalaska, WI-MN | 50 | $49,470 |
| Grand Forks, ND-MN | 40 | $62,440 |
Top States for Financial Specialists Employment
The table below shows the states where most Financial Specialists work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| California | 19,100 | $72,620 |
| Texas | 10,780 | $62,900 |
| Florida | 6,410 | $62,400 |
| New Jersey | 5,360 | $77,080 |
| Ohio | 5,300 | $75,670 |
| Maryland | 5,260 | $71,230 |
| Georgia | 4,740 | $73,370 |
| Virginia | 4,500 | $82,900 |
| Illinois | 4,500 | $82,100 |
| New York | 4,450 | $81,800 |
| Michigan | 4,050 | $59,420 |
| Colorado | 3,650 | $74,680 |
| North Carolina | 3,430 | $67,040 |
| Pennsylvania | 3,370 | $71,240 |
| Minnesota | 3,320 | $65,470 |
| District of Columbia | 3,070 | $103,300 |
| Arizona | 2,980 | $71,620 |
| Washington | 2,920 | $65,840 |
| Massachusetts | 2,890 | $81,120 |
| Tennessee | 2,770 | $57,100 |
Below are the states where Financial Specialists get paid the most:
| State | Annual Median Salary |
|---|---|
| District of Columbia | $103,300 |
| Virginia | $82,900 |
| Illinois | $82,100 |
| New York | $81,800 |
| Massachusetts | $81,120 |
| New Hampshire | $77,300 |
| New Jersey | $77,080 |
| Ohio | $75,670 |
| Colorado | $74,680 |
| Connecticut | $73,560 |
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Dave Dugdale under License
More about our data sources and methodologies.
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