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
Employment30,400 Accountants in Minnesota

Cost of living — BEA Regional Price Parity

ComponentMinnesota index (US = 100)
All-items RPP98.3
Goods102.1
Services89.4
Rents90.7

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

LayerAmountNote
Gross BLS P50 (Accountant)$81,100nominal median
Federal income tax−$9,08911.2% effective; std deduction $15,750 applied
State income tax−$4,0645.35–9.85% (graduated)
FICA (SS 6.2% + Medicare 1.45%)−$6,204SS capped at $183,600 wage base
Take-home (after-tax)$61,74376.1% 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.