SOC 11-3031

Financial Manager Salary in Minneapolis-St. Paul-Bloomington, MN-WI

Data updated · Sources: BLS OEWS May 2025, HUD FY 2027 Fair Market Rents, EPI 2026 Family Budget, 2026 tax tables · Methodology

Tax Tables: 2026 Fed + MN
COL Index: 115.75 (+15.8% vs US)
Net Compensation Yield 64.9% Realized
$107,527 / net annual direct deposit
Gross Adjusted $165,620 $79.63/hr
Effective Tax Drag 29.08% Combined Jurisdictions
Marginal Top Bracket 24% Federal Statutory
Total Withheld -$48,156 $1,852.15/check
Category 1 of 6

Wage Benchmarking & After-Tax Paycheck Engine

Dynamic statutory tax calculations based on IRS Publication 15-T and state statutory schedules.

$
2,080 annual statutory base hours $79.63 / hour
0 hrs/wk (+$0/yr)
0 hrs (Standard) 10 hrs OT 20 hrs OT 25 hrs Max
6% (-$9,937/yr)
0% Tax Shield: ~$2,385/yr 15% (IRS limit: $24,500)
Itemized Statutory Withholdings Ledger
Federal Income Tax (IRS)
Progressive 10%–37%
-$26,098
Social Security (FICA OASDI)
Statutory 6.20% (Cap $184,500)
-$10,268
Medicare Hospital Insurance
Statutory 1.45%
-$2,401
Minnesota Individual Income Tax
State Marginal Bracket
-$9,388
Net Take-Home Annual Realized
$107,527 ($4,135.65 / check)
Category 2 of 6

Minneapolis-St. Paul-Bloomington, MN-WI Financial Manager Wage Distribution

Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) Percentiles & Career Ladders

Your Salary: $165,620
MIDDLE 50% (IQR RANGE) 10th $103k 25th $131k Median: $165,620 50th (Median) $166k 75th $215k 90th $293k You: $165,620
10th (Entry) $102,710 $49.38/hr
25th (Junior) $131,250 $63.10/hr
50th (Median) $165,620 $79.63/hr
75th (Senior) $215,000 $103.37/hr
90th (Lead/Master) $293,100 $140.91/hr
Career Progression & Licensing Milestones for Financial Manager in Minneapolis-St. Paul-Bloomington, MN-WI
1
Senior Financial AnalystBachelor's degree (most common O*NET requirement); entry into the field
$93,762$45.08/hr · 0-2 Years
2
Assistant Finance ManagerDemonstrated results in role; works independently on core responsibilities; CPA or CFA designation
$124,784$59.99/hr · 2-5 Years
3
Financial ManagerFull professional competence; leads projects or a small team
$165,650$79.64/hr · 5-9 Years
4
Senior Finance ManagerOwns budget, hiring and outcomes for a department or large program
$218,745$105.17/hr · 9-14 Years
5
Vice President of FinanceExecutive or principal scope; sets strategy across the organization or profession
$321,456$154.55/hr · 14+ Years
Scaled to the Minneapolis-St. Paul-Bloomington, MN-WI medianView National Financial Manager Salary Data
Adjacent Career Pivots & National Pay Differences
Accountants and Auditors-$82,890/yr
National median: $83,680
Skill overlap: 91%View Salary
Personal Financial Advisors-$61,500/yr
National median: $105,070
Skill overlap: 90%
Loan Officers-$89,880/yr
National median: $76,690
Skill overlap: 90%
Credit Analysts-$83,060/yr
National median: $83,510
Skill overlap: 84%
Category 3 of 6

HUD Fair Market Rent & EPI Living Wage Affordability Index

Evaluating housing affordability vs. net take-home pay in Minneapolis-St. Paul-Bloomington, MN-WI under the HUD 30% housing cost guideline.

Rent-to-Take-Home Ratio (HUD 30% Standard)
16% of Net Income
✓ Passes 30% Housing Affordability Standard
HUD Fair Market Rent (1-Bedroom) $1,427/month Requires minimum annual gross of $57,080
HUD Fair Market Rent (2-Bedroom) $1,734/month Requires minimum annual gross of $69,360
Hourly Living Wage Benchmark (EPI model)
1 Adult Earner: $25.60/hr
Per adult, 2 working adults + 1 child: $25.27/hr
Category 4 of 6

Hourly Wage to Annual & Overtime Matrix

Translating base hourly pay and 1.5× overtime into net take-home pay based on 2,080 annual work hours in Minneapolis-St. Paul-Bloomington, MN-WI.

Swipe horizontally to inspect full pay schedule
Schedule Total Hours/Wk Gross Annual Est. Taxes Net Take-Home Bi-Weekly Check
Standard (40 hrs)40 hrs$165,620-$48,156$107,527$4,135.65
+5h Overtime/Wk45 hrs$196,674-$59,074$125,799$4,838.44
+10h Overtime/Wk50 hrs$227,728-$69,071$144,993$5,576.65
+15h Overtime/Wk55 hrs$258,781-$81,624$161,630$6,216.54
+20h Overtime/Wk60 hrs$289,835-$94,574$177,871$6,841.19
Category 5 of 6

Interstate MSA Relocation & State Tax Migration Comparator

Calculate required compensation, cost-of-living differences, and annual state/local tax savings between two metropolitan areas.

Equivalent Salary in Austin, TX $83,505 Cost of Living Ratio: 69.6%
Annual State & Local Tax Delta +$8,331/yr Tax savings in Austin-Round Rock-San Marcos, TX
Annual Rent Difference (1BR) -$17,676/yr Based on HUD Fair Market Rents
Net Discretionary Cash Flow Impact

Combining state tax savings and annual rent variance when relocating from San Francisco-Oakland-Fremont, CA to Austin-Round Rock-San Marcos, TX.

+$26,007/year
Category 6 of 6 · Executive Economic Briefing
2026 Fiscal Intelligence

Financial Manager in Minneapolis-St. Paul-Bloomington, MN-WI: Compensation & Purchasing Power Briefing (2026)

Estimates compiled from BLS OEWS wages, IRS 2026 withholding rules, HUD Fair Market Rents, and Minnesota tax codes.

Market Baseline
$165,620/yr
$79.63/hr · SOC 11-3031
Statutory Tax Drag
29.08% Effective
-$48,156 in Total Taxes
HUD 1BR Shelter Ratio
16% Net Pay
✓ Passes 30% HUD Rule
Monthly Discretionary
+$7,534/mo
Post-$1,427/mo 1BR Rent

Key Economic & Compensation Takeaways

Statutory Withholding Architecture

Frequently Asked Questions

Verified Government Data Sources & Statutory Attribution

Wages sourced from US Bureau of Labor Statistics (BLS OEWS). Rents calibrated to HUD Fair Market Rents. Tax schedules calibrated to IRS IRC Title 26, IRS Pub 15-T, and state statutory revenue codes.

BLS OEWS May 2025 HUD FY2027 FMR IRS 15-T
Metro Pay Comparison SOC 11-3031
2026 Statutory Thresholds
  • Federal Standard Deduction (Single) $16,100
  • FICA OASDI Wage Base Cap $184,500
  • Pre-Tax 401(k) Elective Deferral $24,500
  • HSA Individual Annual Limit $4,400

Financial Manager in Minneapolis-St. Paul-Bloomington, MN-WI: Market Snapshot

Financial Manager roles in Minneapolis-St. Paul-Bloomington, MN-WI report a median annual wage of $165,620, 0.6% below the national median of $166,570. The 10th to 90th percentile band runs from $102,710 to $293,100, and HUD’s $1,427 monthly one-bedroom fair market rent equals 10.3% of that median gross pay. The single-adult living wage benchmark for the area is $25.60 per hour.

Highest-paying metropolitan areas for Financial Manager

Metropolitan areaMedian annual wageVs this market
San Jose-Sunnyvale-Santa Clara, CA$225,280+36.0%
New York-Newark-Jersey City, NY-NJ$221,010+33.4%
San Francisco-Oakland-Fremont, CA$216,150+30.5%
Bridgeport-Stamford-Danbury, CT$211,000+27.4%
Boston-Cambridge-Newton, MA-NH$209,780+26.7%
Denver-Aurora-Centennial, CO$193,400+16.8%
Boulder, CO$192,970+16.5%
Seattle-Tacoma-Bellevue, WA$185,550+12.0%
Washington-Arlington-Alexandria, DC-VA-MD-WV$185,270+11.9%
Trenton-Princeton, NJ$184,800+11.6%

Top-paying occupations benchmarked in Minneapolis-St. Paul-Bloomington, MN-WI

OccupationMedian annual wageMedian hourly
Chief Executives$209,980$100.95/hr
Computer and Information Systems Managers$178,080$85.62/hr
Architectural and Engineering Managers$174,510$83.90/hr
Marketing Managers$173,040$83.19/hr
Compensation and Benefits Managers$163,390$78.55/hr
Human Resources Managers$159,390$76.63/hr
Sales Managers$158,100$76.01/hr
Purchasing Managers$149,990$72.11/hr
Physician Assistant$145,030$69.73/hr
Administrative Services Managers$144,520$69.48/hr

Wage data: U.S. Bureau of Labor Statistics OEWS May 2025, 390 metropolitan areas publishing this occupation; HUD FY2027 Fair Market Rents; EPI Family Budget Calculator. Taxes use 2026 federal and state rules. Data last updated .

Regional Labor Market & Career Mobility Network

Explore adjacent occupations and neighboring metropolitan wage benchmarks for peer compensation analysis.

Financial Manager Salary in Minneapolis-St. Paul-Bloomington, MN-WI Overview

Financial Manager median pay in Minneapolis-St. Paul-Bloomington, MN-WI is $165,620 a year ($79.63/hr). See take-home pay after 2026 taxes, BLS wage. Official 2026 economic data for Financial Manager in Minneapolis-St. Paul-Bloomington, MN-WI compiled from Bureau of Labor Statistics OEWS surveys, HUD Fair Market Rents, and statutory tax codes.

Quick answers
What is the median salary for a Financial Manager in Minneapolis-St. Paul-Bloomington, MN-WI?

The median annual wage is $165,620 ($79.63 per hour). The middle 80% of earners make between $102,710 and $293,100. Source: BLS OEWS (May 2025).

What is the take-home pay for a Financial Manager in Minneapolis-St. Paul-Bloomington, MN-WI after taxes?

On the median wage of $165,620, a single filer with no pre-tax deductions takes home about $114,299 a year ($9,525 a month) after $51,321 in federal, FICA, state and local taxes, an effective rate of 30.99%, using 2026 tax rules.