Accountant · Minnesota · SOC 13-2011
Accountants in Minnesota: 2026 Salary, Real Wage, and Cost-Adjusted Pay
BLS Occupational Employment and Wage Statistics, 2024 reference period · BEA Regional Price Parity 2023 vintage · Last synced 2026-05-05.
TL;DR
- BLS reports Minnesota Accountant median pay at $81,100. Adjusted for state cost of living, real purchasing power equals $82,501.
- On a real-wage basis, this state sits at #24 of 51; nominal rank is #16.
- Cost of living tracks roughly with the national index, so nominal and real wages stay close.
- P25-P75 spread runs $64,790 to $102,940; P10 floor $54,840, P90 ceiling $135,370.
Wage breakdown — Minnesota
| Percentile | Nominal (BLS) | Real (BEA RPP-adjusted) |
|---|---|---|
| P10 (entry tier) | $54,840 | $55,787 |
| P25 (lower quartile) | $64,790 | $65,909 |
| P50 (median) | $81,100 | $82,501 |
| P75 (upper quartile) | $102,940 | $104,718 |
| P90 (top tier) | $135,370 | $137,708 |
| Mean | $92,240 | $93,833 |
| Employment | 30,400 Accountants in Minnesota | |
Cost of living — BEA Regional Price Parity
| Component | Minnesota index (US = 100) |
|---|---|
| All-items RPP | 98.3 |
| Goods | 102.1 |
| Services | 89.4 |
| Rents | 90.7 |
Minnesota's overall RPP (98.3) is close to the national 100 baseline; nominal and real wage move roughly together.
After-tax take-home — Minnesota (2024 BLS · 2024 tax year, single filer)
Layer-by-layer take-home math at the BLS median
| Layer | Amount | Note |
|---|---|---|
| Gross BLS P50 (Accountant) | $81,100 | nominal median |
| Federal income tax | −$9,089 | 11.2% effective; std deduction $15,750 applied |
| State income tax | −$4,064 | 5.35–9.85% (graduated) |
| FICA (SS 6.2% + Medicare 1.45%) | −$6,204 | SS capped at $183,600 wage base |
| Take-home (after-tax) | $61,743 | 76.1% of gross |
| Real take-home (RPP-adjusted) | $62,809 | ÷ (98.3 / 100) BEA cost-of-living |
What the Minnesota state-tax burden means for Accountant take-home
Mid-band state-tax burden at 5.0% effective. Combined with federal and FICA, take-home is $61,743 (76.1% of gross). After the 98.3 RPP, real take-home is $62,809.
Computed from 2026 IRS federal brackets (Rev. Proc. 2025-32), 2026 state DOR brackets, and 2026 FICA rates. Single filer, standard deduction, no other adjustments. See methodology · tax for limitations (married filers, ITM/SALT itemizers, retirement deferrals, HSA, dependent credits, etc.).
National context
Across the United States, BLS reports a national median of $81,680 for Accountants with mean pay of $93,520 and total employment of 1,448,290. Minnesota sits at #16 on nominal pay and #24 on real (cost-adjusted) pay among the 51 states and DC. After cost adjustment, Minnesota falls 8 positions — the cost premium eats into the headline wage.
Frequently asked questions
- How are Minnesota Accountant salaries calculated on this page?
- Nominal wages come from BLS Occupational Employment and Wage Statistics (OES) — annual employer surveys, May 2026 reference period. Real-wage figures use BEA Regional Price Parities (2023 vintage) to adjust for state-level cost of living. No self-report or jobs-board data is mixed in.
- What does the top of the Accountant pay scale look like in Minnesota?
- The 90th percentile lands at $135,370. That tier typically reflects senior roles, specialty certifications, high-cost-of-living metros within the state, or union-negotiated rate cards. Below that, the P75 quartile is $102,940.
- Why is the BEA RPP for Minnesota different from a single CPI number?
- BEA splits regional price parity into three components — goods, services, and rents — reweighted to the BEA's national consumption basket. Minnesota's overall index of 98.3 reflects rents 90.7, services 89.4, and goods 102.1.
- Should I negotiate based on the BLS median for Minnesota?
- The BLS median is a calibration anchor, not a ceiling. Use it to validate that an offer is in-band — anything well below the P25 in this state is a flag, anything above the P75 typically requires demonstrable specialty depth, niche credentials, or a high-COL metro within Minnesota.
- When does this data update?
- BLS OES releases a new May reference set roughly each spring; we re-run the ETL pipeline within two weeks of release. BEA RPP refreshes annually. The last-synced timestamp at the top of this page reflects the most recent build.
- Does CPA licensure raise accountant pay in Minnesota?
- BLS aggregates accountants and auditors under SOC 13-2011 — CPA-licensed and non-CPA pay are not split. In practice, CPA-licensed accountants in Minnesota typically earn 10-20% above the all-accountant median, and the gap widens at the senior/manager level where CPA is functionally required for partner-track public accounting and CFO roles. Minnesota requires 150 semester hours of education to sit for the exam (the AICPA Uniform CPA standard).
- Is busy season ($35K of overtime) included in Minnesota accountant BLS figures?
- Yes — BLS OES uses annualized W-2 earnings, so January-April busy-season overtime is rolled into the median. The high P90 in public-accounting-heavy Minnesota markets reflects busy-season hours plus year-end bonuses. Industry accountants typically have flatter hours and a lower P90 ceiling but more predictable totals.
Sources & methodology
- U.S. Bureau of Labor Statistics — Occupational Employment and Wage Statistics (OES), SOC 13-2011, 2024 reference period.
- U.S. Bureau of Economic Analysis — Regional Price Parities, 2023 vintage (all-items, goods, services, rents).
- Real-wage figures = nominal BLS wage ÷ (state RPP / 100).
- See the methodology page for full computation details and limitations.
Cross-comparison: see how Minnesota Accountant pay ranks against the other 254 state × occupation pages on the Real Wage Atlas → — four-way ranking by real wage, after-tax take-home, state-tax savings, and cost-of-living arbitrage.