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Financial Specialists in Minnesota

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Financial Specialists in Minnesota

Is Minnesota a good place for you to work as a Financial Specialist?

9.0% Jobs Projection
$65,470 Median Salary
330 Job Openings

You’re in luck! Jobs for Financial Specialists in Minnesota are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Financial Specialists in Minnesota is growing faster than average.

  • Financial Specialists in Minnesota earn higher salaries than the typical U.S. wage earner.

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.

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The typical state has 1,410 Financial Specialists working in it, which means Minnesota has more Financial Specialists than average.

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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%.

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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.

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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

More about our data sources and methodologies.

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