Business & Finance Minnesota (MN) Rank #19 of 50

Accountant Salary in Minnesota

The median accountant salary in Minnesota is $79,081 per year, which is 1% below the national median of $79,880.

Median Salary
$79,081
vs National
$-799
State Rank
#19 of 50
Cost of Living
97%

Accountant Salary Overview in Minnesota (2026)

Minnesota ranks #19 out of 50 states for accountant compensation. Minnesota falls in the middle of the pack for accountant pay, offering salaries near the national average. At $79,081 per year, accountants in Minnesota earn $799 less than the national median of $79,880.

Minnesota's cost of living is near the national average at 97%, meaning accountant salaries here translate closely to their face value in purchasing power.

The salary spread in Minnesota is significant: accountants at the 10th percentile earn $49,896, while those at the 90th percentile bring home $131,472 — a $81,576 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Minnesota for this role is Minneapolis, where the median reaches $85,472.

Nationally, accountant employment is projected to grow 4% over the next decade (as fast as average). This steady growth indicates stable demand for accountants across the country.

Accountant Salary in Minnesota by Experience

In Minnesota, an entry-level accountant earns around $51,480, while experienced professionals earn up to $118,800 per year. The cost of living index in Minnesota is 97% of the national average.

Entry Level (0-2 yrs)
$51,480
$-520 vs national
Mid Level (3-7 yrs)
$79,200
$-800 vs national
Senior Level (8+ yrs)
$118,800
$-1,200 vs national

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Salary Percentiles in Minnesota

Percentile MN Salary
10th Percentile $49,896
25th Percentile $62,073
Median (50th) $79,081
75th Percentile $101,376
90th Percentile $131,472

Accountant Salary by City in Minnesota

The largest employment areas for accountants in Minnesota include Minneapolis, Saint Paul, Rochester, and Duluth. Salaries vary by city based on local cost of living and demand.

How to Become a Accountant in Minnesota

Education

Most accountant positions require a bachelor's degree. Minnesota has several accredited institutions offering relevant programs.

Key Skills

GAAPTax PreparationFinancial AnalysisQuickBooksExcelAuditing

Job Outlook in Minnesota

Nationally, accountant employment is projected to grow 4% over the next decade (as fast as average). Minnesota's demand may vary based on local industry trends.

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Frequently Asked Questions: Accountant Salary in Minnesota

How much does a Accountant make in Minnesota? ▼
The median accountant salary in Minnesota is $79,081 per year, which is 1% below the national median of $79,880. Salaries range from $49,896 (10th percentile) to $131,472 (90th percentile).
How much does a Accountant make per hour in Minnesota? ▼
Based on the median annual salary of $79,081, a accountant in Minnesota earns approximately $38 per hour assuming a standard 2,080-hour work year.
Is Minnesota a good state for accountants? ▼
Minnesota ranks #19 out of 50 states for accountant pay. The cost of living index is 97% of the national average. Entry-level accountants earn $51,480, while senior professionals earn $118,800.
How does Minnesota compare to other states for accountant salary? ▼
The highest paying state for accountants is Hawaii at $135,796. Minnesota's median of $79,081 ranks #19 nationally. Nearby-ranked states include Vermont ($80,679) and Pennsylvania ($79,880).
What is the entry-level accountant salary in Minnesota? ▼
An entry-level accountant in Minnesota earns approximately $51,480 per year. With 3-7 years of experience, pay increases to around $79,200. Senior-level professionals with 8+ years earn up to $118,800.
What city in Minnesota pays accountants the most? ▼
Minneapolis is the highest paying city in Minnesota for accountants, with a median salary of $85,472. Other cities include Saint Paul and Rochester.