USMinnesota salary guideStatewide BLS data
Updated for 2026

Financial Quantitative Analyst Salary in Minnesota (2026)

The Financial Quantitative Analyst salary in Minnesota for 2026 is shown as a modeled statewide benchmark built from the latest official BLS wage baseline, then extended with wage trend history, employment outlook, and tech-market signals where available. Each section helps readers understand where this career pays best across the state and how the projected benchmark compares with metro markets.

Official BLS baseline: 2024Modeled statewide salary guide810 employment estimate12 min read
Average Salary
$89.1K
state median
Entry Level
$64.6K
starting range
Senior Level
$113K
upper band
Top Range
$130K
90th percentile
Hourly Rate
$40
median equivalent
Salary figures projected to 2026  from May 2024BLS OEWS baseline·   Projections use wage history, employment outlook, and tech-market signals where available
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Financial Quantitative Analyst Salary Overview in Minnesota

Careerclev's modeled 2026 benchmark places Financial Quantitative Analyst pay in Minnesota at about $89,117.0 per year. On the latest official statewide BLS baseline, the range runs from about $59,650.0 at the lower end to $129,880 for top earners.

This guide covers the full statewide Financial Quantitative Analyst salary picture first, then compares metro markets inside Minnesota where BLS data is available — making it useful for candidates who want a broader view beyond any single city.

Minnesota Financial Quantitative Analyst Salary vs the U.S. Average

The statewide median for Financial Quantitative Analyst roles in Minnesota is $89,117.0, compared with a U.S. median of $80,190.0. That gap of +11% helps readers see whether this state sits in a premium salary market, a near-national market, or a lower-cost salary market relative to the rest of the country.

BenchmarkMinnesotaUnited StatesDifference
Projected annual salary$89,117.0$80,190.0+11% vs U.S.
Entry-level benchmark$73,917.0$50,268.0+47% vs U.S.
Senior-level benchmark$113,471$118,194-4% vs U.S.
Top baseline wage range$129,880$151,780-14% vs U.S.
Projected hourly equivalent$40$39810 state jobs
How to read the state premium Minneapolis, MN is currently the strongest-paying metro in this state, which helps explain how local employer concentration pushes the state average. Mining, Quarrying, and Oil and Gas Extraction is the strongest-paying industry benchmark currently available.

Financial Quantitative Analyst Salary by Experience Level in Minnesota

Statewide experience bands help show how much of the salary story comes from growing responsibility, not location alone. Even inside one state, the distance between entry-level and senior pay can be wide enough to change how attractive the long-term path looks.

Entry-Level
0-2 years
$73.9K
$43/hr median equivalent
$64.6K - $89.1K
Lower percentile wages modeled into early-career pay.
Mid-Level
3-5 years
$89.1K
$43/hr median equivalent
$73.9K - $113K
Independent delivery and broader scope become the norm.
Senior
6-10 years
$113K
$43/hr median equivalent
$89.1K - $141K
Higher salaries usually reflect stronger ownership and specialization.
Lead / Principal
10+ years
$141K
$43/hr median equivalent
$113K - $172K
Leadership pay reflects broader responsibility and top-end wage ranges.
LevelExperienceProjected SalaryProjected RangeVs U.S.
Entry-Level Financial Quantitative Analyst0-2 years$73,917.0$64,622.0 - $89,117.0-8% vs U.S.
Mid-Level Financial Quantitative Analyst3-5 years$89,117.0$73,917.0 - $113,471+11% vs U.S.
Senior Financial Quantitative Analyst6-10 years$113,471$89,117.0 - $140,706+42% vs U.S.
Lead / Principal Financial Quantitative Analyst10+ years$140,706$113,471 - $171,662+75% vs U.S.
State experience modelThese experience bands are modeled from local wage percentiles because BLS publishes wage distributions, not direct entry, mid, senior, or lead labels.
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Financial Quantitative Analyst Salary by City in Minnesota

City-level differences inside Minnesota can be large. Stronger salary metro areas often combine dense employers, specialized industries, and stronger competition for experienced Financial Quantitative Analyst talent.

City / MetroProjected SalaryProjected RangeVs StateMarket Signal
Minneapolis, MN$83,440.0$60,410.0 - $129,880-6% vs U.S.Value market
Minneapolis, MN$83,500.0$54,480.0 - $120,180-6% vs U.S.Value market
Minneapolis, MN$80,130.0$53,480.0 - $131,870-10% vs U.S.Value market
St. Cloud, MN$62,420.0$46,510.0 - $149,910-30% vs U.S.Value market
Minneapolis, MN$76,450.0$48,360.0 - $115,560-14% vs U.S.Value market
Duluth, MN$61,570.0$45,480.0 - $96,690.0-31% vs U.S.Value market

Financial Quantitative Analyst Salary by Industry in Minnesota

Industry mix is one of the strongest drivers behind pay differences inside a state. Stronger salary industry rows usually reflect employers that place the role closer to revenue, specialized operations, or hard-to-source talent.

IndustryModeled SalaryReference RangeSignal
Mining, Quarrying, and Oil and Gas Extraction$110,640$65,060.0 - $162,140Stronger salary
Manufacturing$105,650$61,650.0 - $164,010Stronger salary
Utilities$103,060$64,070.0 - $167,300Stronger salary
Professional, Scientific, and Technical Services$93,690.0$51,080.0 - $174,990Competitive
Government Excluding Schools, Hospitals, and Postal Service$93,600.0$59,950.0 - $137,610Competitive
Construction$88,740.0$59,750.0 - $138,290Competitive
Government, Schools, Hospitals, and Postal Service$88,710.0$53,270.0 - $134,430Competitive
Information$82,900.0$44,070.0 - $156,660Competitive

Entry-Level Financial Quantitative Analyst Salary in Minnesota

Entry-level pay in Minnesota for financial quantitative analyst usually starts near the lower statewide wage band, then rises as candidates move from supervised work into independent delivery. The first major salary jump often comes from handling broader scope, changing employers, or moving into stronger local metro markets.

Starting benchmark
$73.9K
$64.6K - $89.1K
Typical early-career compensation in this state, modeled from the lower end of the local wage distribution.
Promotion target
$89.1K
+20.6% vs entry median
The move into reliable independent delivery is usually the first real comp inflection point.
Preparation pathJob Zone Four: Considerable Preparation Needed. Typical education: Most of these occupations require a four-year bachelor's degree, but some do not. Training signal: Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.
StageTypical SalaryTimelineKey Signal
Intern / trainee$54.9K - $71.1KPre-full-timeFoundational proof
Entry-level$73,917.00-2 yearsStructured support and learning
Promotion-ready junior$79.8K - $90.2K12-24 monthsIndependent delivery
Mid-level target$89,117.018-30 monthsBroader ownership
Entry estimateEntry-level Financial Quantitative Analyst pay in Minnesota is modeled around $73,917.0using the lower state wage percentiles.
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Public vs Private-Sector Pay in Minnesota

The state salary dataset here does not label every wage row by public or private ownership, so this section models the comparison from statewide salary levels and the industry spread visible in the data. It is best read as pay guidance, not as a direct government-vs-private wage census.

Employer TypeEstimated SalaryBest MatchHow It Is Modeled
Public / institutional style$103,060UtilitiesAnchored to lower-variance industry rows and the statewide baseline
Private-market baseline$89,117.0Minnesota commercial employersUses the core statewide median as the middle market
Top private-sector path$110,640Mining, Quarrying, and Oil and Gas ExtractionAnchored to the strongest visible industry pay rows
Interpretation notePrivate-sector upside is usually strongest where Financial Quantitative Analyst work is closer to revenue, specialized operations, or employer competition. Institutional paths often trade some upside for steadier pay bands and clearer progression.

Remote vs Onsite Financial Quantitative Analyst Pay in Minnesota

Remote and hybrid work can change the salary story for a state page because the employer market may be broader than the worker’s home location. Where direct remote comp data is available, it is shown below; otherwise the fallback rows use the local salary benchmark as the base case.

Work TypeEstimated SalaryExperienceBest FitFlexibility
Remote$89,117.0Market dependentNational hiring poolsHigh
Hybrid$91,790.5Metro dependentMinnesota employersMedium
Onsite$90,008.2Location dependentLocal teams and officesLower

The best remote comparison is total pay after commute, housing pressure, and access to stronger employer markets. A lower-cost metro paired with national hiring access can outperform a higher nominal local salary.

Cost of Living for Financial Quantitative Analyst Salary in Minnesota

A state salary should be read alongside rent, taxes, commuting, and the mix of high-cost and lower-cost metro areas inside the state. The same Financial Quantitative Analyst salary can feel very different across Minnesota.

MarketProjected SalaryMonthlyVs StateModeled Cost Signal
Minneapolis, MN$83,440.0$7.0K-6% vs U.S.Lower-cost signal
Minneapolis, MN$83,500.0$7.0K-6% vs U.S.Lower-cost signal
Minneapolis, MN$80,130.0$6.7K-10% vs U.S.Lower-cost signal
St. Cloud, MN$62,420.0$5.2K-30% vs U.S.Lower-cost signal
Minneapolis, MN$76,450.0$6.4K-14% vs U.S.Lower-cost signal
Duluth, MN$61,570.0$5.1K-31% vs U.S.Lower-cost signal
Purchasing-power reminder Minneapolis, MN sets the top in-state pay benchmark, while Duluth, MN shows how lower salary markets may come with a lighter local cost burden.

Leading Salary Cities in Minnesota

Statewide averages flatten the most important local differences. This ranking brings those differences back into view by showing which cities and metros inside Minnesota create the strongest salary benchmarks for this role.

City / MetroProjected SalaryProjected RangeVs State
Minneapolis, MN$83,440.0$60,410.0 - $129,880-6% vs U.S.
Minneapolis, MN$83,500.0$54,480.0 - $120,180-6% vs U.S.
Minneapolis, MN$80,130.0$53,480.0 - $131,870-10% vs U.S.
St. Cloud, MN$62,420.0$46,510.0 - $149,910-30% vs U.S.
Minneapolis, MN$76,450.0$48,360.0 - $115,560-14% vs U.S.
Duluth, MN$61,570.0$45,480.0 - $96,690.0-31% vs U.S.

Financial Quantitative Analyst Demand Outlook in Minnesota

Career growth inside Minnesota is best read through two lenses: the local salary ladder and the broader national demand outlook. The salary ladder shows how compensation expands with responsibility, while the outlook data shows whether employers are likely to keep competing for talent.

1
Intern / Trainee
$46.5K - $62.5K
Salary growth at this step usually reflects broader ownership, stronger specialization, and more independent impact.
2
Junior
$57.7K - $76.2K
Salary growth at this step usually reflects broader ownership, stronger specialization, and more independent impact.
3
Mid Level
$72.2K - $89.8K
Salary growth at this step usually reflects broader ownership, stronger specialization, and more independent impact.
4
Senior
$86.6K - $112K
Salary growth at this step usually reflects broader ownership, stronger specialization, and more independent impact.
5
Lead
$103K - $130K
Salary growth at this step usually reflects broader ownership, stronger specialization, and more independent impact.
6
Principal / Architect
$120K - $164K
Salary growth at this step usually reflects broader ownership, stronger specialization, and more independent impact.
BLS Demand SignalEmployment is projected to change by 3.1% from 2024 to 2034.
About averageAnnual openings: 10.3 thousand.
Metric2026 Outlook
Projected employment137.1k → 141.4k
Typical educationMost of these occupations require a four-year bachelor's degree, but some do not.
Related experienceA considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.
State market anchor810 jobs with a median of $89,117.0

Factors That Affect Financial Quantitative Analyst Salary in Minnesota

State salary is shaped by more than the job title. Metro concentration, local industry strength, training expectations, and the size of the in-state employer market all influence where pay ultimately settles.

Years of Experience
Salary usually rises as the role moves from entry-level execution to independent ownership, mentoring, and broader decision-making.
Location and Cost of Living
Local salary ranges vary by labor market, employer density, and household-income context.
Industry
Industry pay can vary when employers in higher-margin or harder-to-staff sectors compete for the same occupation.
Specialized Skills
O*NET marks high-demand role-specific skills as relevant skills for this role, making them useful anchors for specialization and salary-growth content.
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How to Increase Your Financial Quantitative Analyst Salary in Minnesota

Salary growth tends to come fastest when candidates combine stronger proof of impact, better-paying market selection, and negotiation with current state and U.S. benchmarks in hand.

MoveWhy It HelpsTimelineAvg. Salary Impact
Benchmark against stronger marketsCompare national, metro, and industry salary facts before negotiating so your target range is grounded in current wage data.1-3 months+15-30%
Build a visible specializationPrioritize skills such as high-demand role-specific skills; O*NET relevance scores make these good first candidates for portfolio and resume positioning.3-9 months$10.7K - $25.0K
Target higher-paying industriesUse industry salary facts to identify sectors that already pay above the occupation baseline.2-6 months$7.1K - $16.0K
Fastest practical liftThe quickest salary gains often come from combining stronger proof, a better-paying metro or industry target, and a well-benchmarked negotiation conversation.

Financial Quantitative Analyst Salary in Minnesota: FAQs

These questions usually come up after readers compare the statewide benchmark with city differences, experience bands, and demand signals. They are here to clear up the parts of the salary picture that still feel uncertain after the main sections.

These FAQs focus on how readers searching for "Financial Quantitative Analyst" compare statewide salary levels, metro differences, and career progression across the state.

What is the average Financial Quantitative Analyst in Minnesotas salary?
The latest national baseline for Financial Quantitative Analysts is about $80,200 per year, based on the current BLS-derived salary facts in CareerClev.
What is the entry-level Financial Quantitative Analyst in Minnesotas salary?
Entry-level estimates for Financial Quantitative Analysts are modeled around the lower BLS percentile range, currently about $46,400 per year nationally.
How much can senior Financial Quantitative Analyst in Minnesotas professionals earn?
Senior Financial Quantitative Analysts estimates are modeled from upper percentile wage bands and currently sit around $109,100 per year nationally.
Does location affect Financial Quantitative Analyst in Minnesotas salary?
Yes. CareerClev stores salary facts by national, state, and metro locations, so location-specific pages should use the closest available geography instead of a single national number.
Which skills matter for Financial Quantitative Analyst in Minnesotas salary growth?
CareerClev uses O*NET skill importance and level scores to identify role-relevant skills. These are useful for recommendations, but should not be presented as measured salary premiums unless enriched compensation data exists.
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Data Sources & MethodologyUpdated using 2024 BLS OEWS salary facts, O*NET occupation-skill data, Census location context where available, ILOSTAT country benchmarks where mapped, BLS Employment Projections where imported, and Stack Overflow Developer Survey enrichment for mapped tech roles.
Career: medium · City: official · Compare: medium · Country: official
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