In Minnesota, the average business analyst salary is $72,000 per year, which is lower than the national average of $92,000. However, the state has a number of lucrative business analyst jobs, including those in the Twin Cities.
Table of Contents
2019 Business Analyst Salary Information
Business Analyst Salaries in Minnesota
Minnesota is a great place to live and work if you are a business analyst. The cost of living is low, and the job market is stable. There is a good mix of technology and business-focused companies in the state, which should provide ample opportunity for career growth.
Salaries for business analysts in Minnesota range from $50,000 to $100,000, with the median salary being $79,000. The highest paid business analysts in the state typically have experience in consulting or other technology-focused fields. The median bonus for Minnesota business analysts is $5,000.
The Average Business Analyst Salary in MN
There’s no easy answer when it comes to the salary of a business analyst. Salary can depend on a variety of factors, including experience and skills, location, company size, and industry. However, according to the Bureau of Labor Statistics (BLS), the median annual wage for business analysts was $78,280 in May 2016.
That said, if you’re looking for a salary that’s significantly higher than the median, you’ll need to put in a bit more effort. The BLS reports that the highest-paid business analysts made an annual salary of $122,540.
No matter how much you make, though, it’s important to keep in mind that the average business analyst salary in Minnesota is just the starting point. Depending on your skills, experience, and qualifications, you may be able to make even more money in the state. So don’t be afraid to negotiate your salary – it could mean a lot more money in your pocket.
The Minimum Business Analyst Salary in MN
Minnesota is known for being a great place to raise a family and start a business, so it is no surprise that the minimum business analyst salary in Minnesota is above average. The average salary for a business analyst in Minnesota is $106,000, which is higher than the national average of $96,000. The highest paying business analyst jobs in Minnesota are in the technology sector, where the average salary is $127,000.
There are a number of factors that contribute to the high salary for business analysts in Minnesota. One of the main reasons is the demand for business analysts in the state. Minnesota has a population of just over 5 million people, which makes it the 8th largest state in the US. This means that there is a lot of growth potential for businesses in the state, which is why there is a lot of competition for business analyst jobs.
Another factor that contributes to the high salary for business analysts in Minnesota is the cost of living in the state. The cost of living in Minnesota is relatively low when compared to other states, which is another reason why businesses are willing to pay a high salary for a business analyst.
In summary, the minimum business analyst salary in Minnesota is above average, and the demand for business analysts in the state is high, which is why the salary is so high.
Business Analyst Salaries Above the Minimum in MN
When you think about business analysts in Minnesota, what comes to mind? Probably someone who is smart, strategic, and has a knack for understanding complex business operations. And, while that’s definitely true, it’s also important to note that a successful business analyst in Minnesota also has to be highly compensated.
That’s because the median annual salary for business analysts in Minnesota is $92,280, according to the Indeed.com salary database. And, while that’s not the highest paid profession in the state – that distinction goes to computer scientists, who earn an annual median salary of $137,640 – it’s certainly a high-paying one.
So, how do Minnesota business analysts fare when it comes to earning a lucrative salary? In general, they do pretty well. For example, the Indeed.com database reports that business analysts in the state earn a median salary that’s higher than the national median salary of $85,220.
And, while salaries vary significantly based on experience and qualifications, most Minnesota business analysts earn salaries that are well above the state’s minimum wage of $7.25 per hour. In fact, according to the Indeed.com database, the majority of business analysts in the state earn salaries that are at least $10 per hour above the minimum wage.
So, if you’re looking for a high-paying career that will also provide you with great
What to Expect as a Business Analyst in Minnesota
As a business analyst in Minnesota, you will likely be responsible for performing tasks such as conducting market research, analyzing data, and developing business plans. In order to be successful in this field, you will need to be well-educated and have a strong working knowledge of business principles and practices.
According to the Bureau of Labor Statistics (BLS), the median annual salary for business analysts was $81,390 in May 2017. The top 10 percent of earners in this category earned an average annual salary of $110,230, while the bottom 10 percent earned an average annual salary of $59,210.
Given the demanding nature of this job, it is important to be prepared for long hours and intense competition. If you are interested in pursuing a career as a business analyst in Minnesota, you should bear in mind the following tips:
- Take the time to learn about business principles and practices.
As mentioned earlier, being well-educated and knowledgeable about business principles and practices is critical in this field. This knowledge can be obtained through courses in business administration, business finance, or marketing.
- Have a strong working knowledge of computer programs.
In order to perform tasks such as data analysis and business planning, you will need to be proficient in computer programs. This knowledge can be acquired through courses in computer science or business administration.
- Have excellent writing and communication skills.
In order to provide feedback to team members and
If you are looking to break into the business analyst field, Minnesota may be a good place to start. According to PayScale, the average business analyst salary in Minnesota is $72,000. This is higher than the national average of $64,000, but lower than the average salary in New York City of $92,000.