Financial manager salary in Minnesota
The median financial manager in Minnesota earns $163,410 a year, or $78.56 an hour, in the Bureau of Labor Statistics’ May 2025 survey. That is 2% below the national median of $166,570, and 16th of the 54 states and territories BLS publishes.
The middle half of Minnesota’s 16,680 financial managers earn between $126,580 and $212,250. The highest paying metro area in the state is Minneapolis-St. Paul-Bloomington, MN-WI, at $165,620.
Liaison does the routine half of a financial manager’s job for 3% of what one costs in Minnesota. See how.
Financial manager salary by city in Minnesota
Every metro area in Minnesota where BLS publishes a median for financial managers, highest first. A metro that crosses a state line appears under each of its states.
| Metro area | Median annual | Median hourly | Middle half earns | Employed |
|---|---|---|---|---|
| Minneapolis-St. Paul-Bloomington, MN-WI | $165,620 | $79.62 | $131,250 to $215,000 | 12,460 |
| Sioux Falls, SD-MN | $163,580 | $78.64 | $140,460 to $200,490 | 500 |
| Rochester, MN | $158,570 | $76.24 | $115,870 to $203,260 | 390 |
| Fargo, ND-MN | $136,970 | $65.85 | $108,620 to $177,730 | 810 |
| St. Cloud, MN | $135,760 | $65.27 | $105,520 to $170,460 | 490 |
| Mankato, MN | $134,710 | $64.76 | $104,340 to $170,100 | 210 |
| La Crosse-Onalaska, WI-MN | $133,280 | $64.08 | $101,780 to $173,460 | 370 |
| Grand Forks, ND-MN | $130,130 | $62.56 | $108,660 to $169,430 | 220 |
| Duluth, MN-WI | $126,800 | $60.96 | $98,730 to $157,390 | 420 |
What a financial manager costs an employer in Minnesota
Wages are the start. At employers with fewer than 50 workers, benefits add 35% on top (BLS Employer Costs for Employee Compensation), so a financial manager at the Minnesota median costs about $220,600 a year. The employer’s view for every state and metro is on what a financial manager costs, and the routine part of the job is what Liaison does inside the tools a business already runs.
The routine half of a financial manager’s job, for 3% of what one costs in Minnesota.
- Watches cash, receivables, payables and margin every morning, from the books and the bank.
- Forecasts cash 30, 60 and 90 days out from how customers actually pay.
- Answers “can we make payroll Friday” with the numbers behind it.
Professional is $629 a month, $7,548 a year, against about $220,600 a year for a financial manager at the Minnesota median once benefits are added. On Professional we connect your tools, bring your data in and set up the first rules with you. Anything that moves money waits for your yes.
“Cut our month-end close from 4 days to 4 hours.” Marcus C., owner
$629 a month, or $500 a month on a 12-month term. Prefer to start on your own? Starter is $149 a month, self-serve, with a free trial first: 7 days, no card. More: AI CFO.
Questions
How much does a financial manager make in Minnesota?
The median financial manager in Minnesota earned $163,410 a year, or $78.56 an hour, in May 2025. The middle half earned between $126,580 and $212,250. Nationally the median is $166,570, so Minnesota pays 2% less than the country as a whole.
Which cities in Minnesota pay financial managers the most?
Minneapolis-St. Paul-Bloomington, MN-WI ($165,620), Sioux Falls, SD-MN ($163,580) and Rochester, MN ($158,570).
What does a financial manager cost an employer in Minnesota?
Benefits at employers with fewer than 50 workers add 35% on top of wages, so a financial manager at the Minnesota median costs about $220,600 a year. The employer’s view is at useliaison.com/back-office-costs/financial-manager.
Financial manager salary in other states
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, occupation 11-3031. Annual figures assume 2,080 hours a year. Updated 2026-10-02.
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