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2026 Salary Data — Minneapolis, MN
Updated April 28, 2026

Accountant Salary in Minneapolis: $88K Median

Accountants in Minneapolis, MN earn between $61K and $146K per year.

That's +10% above the US national median of $79,880 for this role.

Quick Answer

As of April 2026, the median Accountant salary in Minneapolis, MN is $87,868 per year — +10% above the US national median of $79,880. Salaries range from $60,500 (entry, 25th percentile) to $145,959 (90th percentile). Accountants in Minneapolis earned approximately $17,229 in 2025, representing 410.0% year-over-year growth.

Median
$87,868
+410.0% YoY · $7,322/mo
Entry
$60,500
0–2 years
Experienced
$115,500
5+ years
Top 10%
$145,959
Senior/lead
Accountant Salary — Minneapolis vs Nearby
Minneapolis
$88K
Philadelphia
$83K
+6% vs Minneapolis
Las Vegas
$76K
+16% vs Minneapolis
Chicago
$84K
+5% vs Minneapolis

Free ATS scan · Minneapolis employers · Results in 60 seconds

About Accountants in Minneapolis

Accountants prepare financial statements, ensure compliance with regulations, perform audits, and provide financial analysis.

Core Responsibilities

  • Prepare financial statements
  • Tax preparation and planning
  • Audit support
  • Financial analysis
  • Internal controls

Education & Certifications

Typical path: Bachelor's degree in accounting; 150 credit hours for CPA

In-demand certifications

CPACMACIACFAEnrolled Agent (IRS)

Minneapolis Job Market

Twin Cities hub with major Fortune 500 corporate presence.

Population
429K
Cost of Living
109
vs 100 US avg
Unemployment
3%
Median Home
$350K

Top Industries in Minneapolis

Healthcare (UnitedHealth)FinanceRetail (Target)ManufacturingTech

Top Employers Hiring Accountants

Major employers active in Minneapolis or hiring remotely from this metro.

Big Four (Deloitte, PwC, EY, KPMG)
Berkshire Hathaway
JPMorgan
Goldman Sachs
Mid-tier firms (BDO, RSM)

All major employers use ATS software.

Workday, Greenhouse, Taleo, and iCIMS auto-screen 75% of resumes before a human ever sees them. Scan your resume free to see your match rate.

2026 Hot Skills & Resume Keywords

Skills that command salary premiums and pass ATS keyword filters.

Hottest 2026 Skills

These appear in the highest-paying Accountant listings.

CPAAdvisory servicesData analyticsAutomation toolsESG reporting

ATS Resume Keywords

Include these naturally throughout your resume.

CPAGAAPIFRSExcelQuickBooksSAPaudittaxreconciliationfinancial reporting
Career Outlook
+6% Growth Projected (2024-2034)

Accountant employment projected to grow 6% through 2034. CPA shortage driving competitive salaries, especially in public accounting.

Accountant Salary Breakdown — Minneapolis

PeriodEntry (25th)Median (50th)Top (90th)
Annual$60,500$87,868$145,959
Monthly$5,042$7,322$12,163
Weekly$1,163$1,690$2,807
Hourly$29$42$70

Based on 2080 working hours/year. Local figures derived from BLS Occupational Employment and Wage Statistics national median ($79,880) adjusted for Minneapolis's cost-of-living multiplier (1.10×, sourced from BEA Regional Price Parities).

Accountant Take-Home Pay in Minneapolis

After federal, state and FICA taxes — single filer, standard deduction.

Net Annual Take-Home
$64,489.586
Per month$5,374
Biweekly paycheck$2,480
Effective tax rate26.6%

Tax Breakdown on $87,868

Gross salary$87,868
Federal income tax−$11,032.96
Minnesota state tax−$5,623.552
FICA (Social Security + Medicare)−$6,721.902
Take-home (net)$64,489.586

Estimates assume single filer, standard deduction ($14,600 for 2026), no 401(k)/HSA/dependents. Actual take-home varies with deductions, dependents, and benefits elections. Not tax advice.

Accountant Salary by Experience — Minneapolis

Career-stage progression for Accountants in Minneapolis.

ExperienceAnnual Salary
0–1 yr$55,660
2–3 yr$60,500
4–6 yr$88,000
7–10 yr$115,500
11–15 yr$136,290
15+ yr$130,730

Curve derived from BLS percentile data adjusted for Minneapolis's 1.10× cost-of-living multiplier. Highlighted row = 7–10 year experienced level.

Year-Over-Year Trend

+410.0% vs 2025

2025 median:$17,229
2026 median:$87,868
Change:+$70,639

Finance sector growth driven by demand for CPA and Advisory services.

Is This A Good Salary?

Solid above median

Real purchasing power lands comfortably above the national middle-class threshold once cost of living is factored in. Homeownership and meaningful retirement savings are achievable on a single income.

COL-Adjusted Purchasing Power
$80,613
Solidly middle-class on the median - manageable, but disciplined budgeting is needed to save aggressively or buy a home.

How to Negotiate Your Accountant Salary in Minneapolis

Walk-away anchor: $78,454 (offers below this are below market for Minneapolis).

Leverage Points

  • Bonus targets and historical payout percentages (ask for last 3 years actual)
  • Profit-share, carry, or AUM-linked compensation for senior roles
  • CFA, CPA, or Series licenses materially shift base compensation
  • Buyout of unvested deferred comp from your current employer

Beyond Base Salary, Negotiate

Guaranteed first-year bonus (especially in IB, PE, hedge funds)Sign-on / make-whole for forfeited deferred compCarried interest or profit-share at PE/HF/VC firmsCFA / Series exam fees and study time off401(k) match and deferred comp plan

What To Say

"I'm walking away from $X in unvested deferred compensation if I leave now. Can we structure the offer with a sign-on that makes me whole, plus a guaranteed first-year bonus floor?"

Anchor on $116K–$146K for experienced roles, citing Minneapolis market data and your specific CPA/Advisory services expertise.

Accountant Salary FAQ — Minneapolis

What is the average Accountant salary in Minneapolis, MN?
The average Accountant salary in Minneapolis is $87,868 per year as of April 2026 — $7,322/month, $1,690/week, or about $42/hour. Salaries range from $60,500 (entry, 25th percentile) up to $145,959 (experienced, 90th percentile). Source: BLS Occupational Employment and Wage Statistics adjusted for Minneapolis's cost-of-living multiplier (1.10×).
Is $87,868 a good Accountant salary in Minneapolis?
Solid above median. Real purchasing power lands comfortably above the national middle-class threshold once cost of living is factored in. Homeownership and meaningful retirement savings are achievable on a single income. Minneapolis's cost-of-living index is 109 (vs 100 nationally), giving $87,868 a real purchasing power of approximately $80,613 in national terms. Solidly middle-class on the median - manageable, but disciplined budgeting is needed to save aggressively or buy a home.
Can you live on $87,868 in Minneapolis?
Dual-income households support a comfortable family lifestyle. Single-earner families on the median may need to compromise on neighborhood, square footage, or college savings. Aim for 28-30% of pre-tax income on rent. The classic 30% rule still works here, though housing costs are creeping up faster than wages. For Minneapolis specifically (median home price $350,000), a $87,868 salary supports a comfortable lifestyle.
Is $87,868 enough for a single person in Minneapolis?
A single adult in Minneapolis typically needs ~$49,050 for a comfortable lifestyle (housing, food, transport, healthcare, modest savings). A $87,868 salary is well above that threshold — a single person can live comfortably with significant savings room.
Is $87,868 enough for a couple in Minneapolis?
A couple (one earner) in Minneapolis typically needs ~$78,480 for a comfortable lifestyle. A $87,868 salary as the sole household income is sufficient — enabling moderate housing, savings, and discretionary spending. Two earners at $87,868 each ($175,736 household) provides solid middle-class comfort.
Is $87,868 enough for a family of 4 in Minneapolis?
A family of 4 (one earner) in Minneapolis typically needs ~$119,900 for a comfortable middle-class lifestyle (housing for 4, childcare/school, food, healthcare, transport, savings). A $87,868 salary as the sole household income is below the comfortable threshold — most families need a second income or to live in cheaper suburbs/exurbs of Minneapolis. Childcare costs in Minneapolis typically run $16K-$31K per child per year.
What is the take-home pay for a Accountant in Minneapolis?
On a $87,868 Accountant salary in Minneapolis, MN, you take home approximately $64,489.586 per year ($5,374/month, $2,480 per biweekly paycheck) after taxes. Breakdown: federal $11,032.96, state $5,623.552, FICA $6,721.902. Effective tax rate: 26.6%. (Single filer, standard deduction, no other adjustments.)
How much do Accountants in Minneapolis earn compared to the US average?
Accountants in Minneapolis earn approximately 10% more than the US national median for this role ($79,880 nationally vs $87,868 in Minneapolis). However, Minneapolis's cost-of-living index of 109 means real purchasing power is approximately $80,613 when adjusted for local prices.
What does an entry-level Accountant earn in Minneapolis?
Entry-level Accountants in Minneapolis typically start at around $60,500 (0–2 years experience). With 5+ years, Accountants earn $115,500 or more. Top earners (90th percentile) reach $145,959+, typically at senior or lead levels with specialized skills.
Did Accountant salaries in Minneapolis increase in 2026?
Yes — Accountant salaries in Minneapolis grew approximately 410.0% year-over-year, from $17,229 in 2025 to $87,868 in 2026 (+$70,639). This reflects the broader Finance sector's compensation trend, driven by CPA and Advisory services demand.
What's the job outlook for Accountants in Minneapolis?
Accountant employment projected to grow 6% through 2034. CPA shortage driving competitive salaries, especially in public accounting. Minneapolis's top industries include Healthcare (UnitedHealth), Finance, Retail (Target), and the metro's current unemployment rate is 3% — a tight labor market favoring candidates.
What skills are most in demand for Accountants in 2026?
The hottest 2026 skills for Accountants are: CPA, Advisory services, Data analytics, Automation tools, ESG reporting. ATS systems specifically scan for these keywords. Adding them to your resume — naturally and in context — significantly improves your match rate with employers in Minneapolis.
Who are the top employers hiring Accountants in Minneapolis?
Top employers hiring Accountants in or near Minneapolis include: Big Four (Deloitte, PwC, EY, KPMG), Berkshire Hathaway, JPMorgan, Goldman Sachs, Mid-tier firms (BDO, RSM). Most use ATS software (Workday, Greenhouse, Taleo, iCIMS) to screen resumes — meaning your resume must be ATS-optimized to even get a human reader.
How do I negotiate a higher Accountant salary in Minneapolis?
I'm walking away from $X in unvested deferred compensation if I leave now. Can we structure the offer with a sign-on that makes me whole, plus a guaranteed first-year bonus floor? Key leverage points for Finance negotiations: Bonus targets and historical payout percentages (ask for last 3 years actual); Profit-share, carry, or AUM-linked compensation for senior roles; CFA, CPA, or Series licenses materially shift base compensation. Beyond base salary, negotiate for: Guaranteed first-year bonus (especially in IB, PE, hedge funds), Sign-on / make-whole for forfeited deferred comp, Carried interest or profit-share at PE/HF/VC firms, CFA / Series exam fees and study time off.
How can I increase my Accountant salary in Minneapolis?
Three highest-leverage moves: (1) Add 2026's hot skills (CPA, Advisory services, Data analytics) — they command 15-30% premiums. (2) Get a recognized certification (e.g., CPA or CMA). (3) Tailor your resume to each role's keywords — CVCraft's ATS scanner shows you exactly what's missing.
What education do I need to become a Accountant in Minneapolis?
Bachelor's degree in accounting; 150 credit hours for CPA is the typical path. However, Minneapolis's competitive market increasingly values demonstrable skills, portfolios, and certifications alongside (or in place of) traditional degrees — particularly for Finance roles.

Methodology & Sources

Accountant salary figures for Minneapolis are computed by adjusting the BLS national median ($79,880) by Minneapolis's cost-of-living multiplier of 1.10× — a composite of regional wage data and price parities. Year-over-year change (410.0%) reflects the Finance sector's 2025-2026 wage growth per BLS Employment Cost Index trends. Last reviewed April 28, 2026.

Data Sources

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