Financial Specialists, All Other in Minnesota
May 2025 wages · tax year 2026
You keep
$63,278
after federal, FICA and Minnesota tax
Tax takes
$20,002
24.0% of the whole
Worth, in national money
$64,296
Minnesota costs less than average
On that salary you would be around the 25th percentile for this work in Minnesota — roughly, since only five points along the band are published.
One filer, standard deduction, no dependants and nothing paid in before tax — the same household the rest of this page uses, so the comparison holds. City and school-district income taxes are not included.
Median here
$83,280
Kept after tax
$63,278
Worth in national money
$64,296
State rank
15
of 50 states
What this pays, and what it is worth
- This is a good state for the work. Minnesota pays financial specialists, all other a middle wage of $83,280, ranking 15 of 50 states and sitting about 2.69% above the national middle.
- Against other work in Minnesota, this sits in the middle: 130 of 490 occupations with published pay. Solidly ordinary for the state, which is not the same as ordinary nationally.
- Prices here sit close to the national average, so the adjustment changes little. From $83,280 the take-home is $63,278, which is worth about $64,296 in comparable money. Tax does most of the work here, not cost of living. The average is higher, $93,630, because the best-paid pull it up.
- Minnesota's median for financial specialists, all other is $83,280, about 2.69% above the national figure and 15 of 50 states reporting. Whether that premium reaches the worker depends on the two adjustments below, which is the part a wage table cannot tell you.
- Financial specialists, all other ranks 130 of 490 occupations in Minnesota by median pay, in the middle bands. Within-state and national positions are separate measurements and a job commonly sits in different quartiles on each.
- Minnesota's price level is near the national average, so price deflation is close to neutral for financial specialists, all other on its $83,280 median: $63,278 retained after tax becomes $64,296 in national-average terms. Where the price adjustment is small, the tax stack is the dominant determinant of the real outcome. The mean of $93,630 sits above the median, the right skew typical of wage data.
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Pay band: Financial Specialists, All Other
The state median for this job
| Lowest tenth earn under | $60,680 |
|---|---|
| Half earn under | $83,280 |
| Top tenth earn over | $132,080 |
| This salary | $83,280 |
Positions between the published tenth, quarter, half, three-quarter and ninetieth points are estimated by straight line.
The same pay, somewhere else
The state median for this job
| Take-home in Minnesota | $63,278 |
|---|---|
| Take-home in Texas | $67,417 |
| Once local prices are leveledBEA price parity | +$5,082 |
State income tax and state price levels only. No city income tax, and no housing market.
What you would need there
The state median for this job
| To match take-home only | $77,396 |
|---|---|
| You could take a cut of | −$7,019 |
| Prices in Texas | 97 vs 98 |
State taxes and state price levels only. No city tax, and no housing market.
Sources and assumptions
- A median is the middle, not an offer. Half of financial specialists, all other in Minnesota earn under $83,280 and half over. The published range runs $60,680 at the tenth percentile to $132,080 at the ninetieth. Experience and employer move an individual a long way inside that.
- One filer, no dependants, no pension contributions — that is the household behind Minnesota's $63,278, worked from $83,280. That is on purpose. It lets states be compared with each other, not with each other's family circumstances. Local city taxes are left out. Locally this work ranks 130 of 490.
- The wage data and the price data come from different years. That is how each is published. The price adjustment behind $64,296 uses one figure for the whole of Minnesota. A city and a rural county there can differ by more than two states do. Out of 490 occupations the state publishes, this one sits at 130.
- Figures are distribution medians for financial specialists, all other in Minnesota, not entry or offer rates. The published band runs $60,680 to $132,080; within-state dispersion of that width routinely exceeds the dispersion between states, so tenure, employer and metropolitan area predict an individual's pay better than geography does.
- The Minnesota take-home of $63,278, on $83,280 for work ranking 130 of 490 locally, models the simplest household deliberately: holding it constant is what makes the interstate comparison meaningful. It also means the absolute figure overstates liability for most real filers, and municipal income taxes are outside the model entirely. The occupation ranks 130 of 490 in the state.
- Wage and price series carry different reference periods, each published on its own schedule. The real-terms figure of $64,296, worked from $83,280, deflates by a statewide parity that conceals substantial intra-state variation, concentrated in housing — so it supports comparison between states rather than the pricing of a move to a particular Minnesota address, on work sitting at 130 of 490 locally.
Questions people ask
Is this the average pay for the job?
It is the midpoint, not the average. The average here is $93,630, dragged up by high earners; the middle figure describes a typical worker better.
Why is the pay range for this job so wide?
One title, many jobs. The lowest tenth take $60,680, the highest tenth $132,080, and what separates them is experience, employer and what exactly the role does.
What does this pay actually buy where I live?
Further than the number implies. Minnesota is cheaper than the national average, so this take-home behaves like $64,296 in national terms.
Where does the difference between the wage and my paycheck go?
Into four separate taxes, not one. Federal income tax, Social Security and Medicare apply everywhere, and Minnesota adds its own income tax on top — which is why $63,278 of this wage survives to your account.
Why is this job missing from some states?
A blank is a suppression, not a zero. 50 states have a published figure for this work; the others had too few responses to release one.
How does the published median differ from the mean for this occupation?
The median is the midpoint of the distribution; the mean for this occupation in Minnesota is $93,630. Wage distributions are right-skewed, so the mean exceeds the median wherever a minority earn substantially more. BLS publishes both because substituting one for the other misstates a typical worker's pay.
What drives the percentile dispersion in this occupation?
Dispersion between the tenth percentile ($60,680) and the ninetieth ($132,080) exceeds the family median dispersion. SOC codes aggregate roles differing in seniority, industry and specialisation, and BLS does not disaggregate below the detailed occupation level, so within-title variance is not separable from the published series.
What is this occupation's price-adjusted compensation in this state?
Minnesota's regional price parity is at or below the national average, so nominal wages understate purchasing power. Take-home deflated by the state price level is $64,296 in national-average terms. The adjustment uses an all-items index and does not isolate housing.
What accounts for the gap between gross wage and take-home here?
Take-home of $63,278 reflects federal income tax, OASDI, Medicare and Minnesota income tax for a single filer with no adjustments. The state layer is levied in addition to the federal one; only its rate and base differ between states.
Why does this occupation lack published estimates in every state?
BLS suppresses estimates failing disclosure or reliability criteria. This occupation has published state-level estimates in 50 of the fifty-one jurisdictions. Suppression reflects sample size and confidentiality rules, and cannot be read as an absence of employment.