Salary Data

Accountant Salary in Minneapolis

$76,000

median salary, 6% above the national average

According to Orbyt's 2026 salary analysis, the average Accountant salary in Minneapolis is $76,000. Salaries range from $58,000 (25th percentile) to $100,000 (75th percentile), adjusted for Minneapolis's cost of living.

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Salary range

25th Percentile

$58,000

per year

Median

$76,000

per year

75th Percentile

$100,000

per year

How Minneapolis compares

Minneapolis, MN

$76,000

Cost of living: 5% above average

National Average

$72,000

Minneapolis is $4,000 above

Accountant job market in Minneapolis

Minneapolis market overview

Minneapolis is a Fortune 500 powerhouse with Target, UnitedHealth Group, Best Buy, and 3M headquartered in the metro. The city's strong corporate base creates consistent demand across finance, healthcare, retail tech, and supply chain roles. Quality of life is high, and employers offer competitive salaries to offset the cold winters.

What drives Accountant salaries

CPA licensure, industry specialization, and company size are the biggest factors. Public accounting at Big Four firms pays well at entry but demands long hours. Corporate accountants in tech and finance earn 10 to 20% more than those in other industries. Experience with complex areas like international tax, M&A, or revenue recognition commands premiums.

Beyond base salary

Total compensation

Bonuses of 5 to 15% are typical in corporate roles, rising to 15 to 25%+ in public accounting at manager level. Benefits include CPA exam reimbursement, busy season bonuses, and in public firms, a path to partnership with profit sharing. Tech companies add equity grants of $5,000 to $25,000.

Tax considerations in Minneapolis

Minnesota's top income tax rate is 9.85%, one of the highest state rates. There is no city income tax in Minneapolis, but the state burden significantly reduces take home pay.

Career progression

Staff accountants start at $52,000 to $68,000, advancing to senior accountant at $70,000 to $90,000 in two to three years. Accounting managers earn $90,000 to $120,000. Controllers reach $130,000 to $175,000, and CFOs at mid size companies earn $200,000 to $350,000. Public accounting partnership offers the highest ceiling.

Top industries in Minneapolis

Retail & E-CommerceHealthcareFinancial ServicesFood & AgricultureManufacturing

Negotiating in Minneapolis

Emphasize retention risk when negotiating. Minneapolis employers know that remote opportunities from warmer, lower tax states are a constant competitive threat.

Accountant salary FAQ

A CPA license typically adds $10,000 to $20,000 in annual salary and is required for most senior level positions in both public and corporate accounting. The investment in exam preparation and experience requirements pays off significantly over a career through higher earnings and expanded opportunities.

Big Four experience creates a strong salary trajectory. After three to five years, alumni typically command 15 to 25% salary premiums in corporate roles compared to peers who went directly to industry. The structured training, client exposure, and brand recognition accelerate career progression.

The Accountant job market in Minneapolis remains active with steady demand from employers across multiple industries. Competition for top talent drives salaries and benefits upward. Candidates who demonstrate specialized skills and quantifiable achievements tend to receive multiple offers and stronger negotiating positions.

Start by understanding the market range: $58,000 to $100,000 for Accountants in Minneapolis. Research the specific company, prepare data points about your experience, and consider total compensation including equity, bonuses, and benefits. Orbyt's Salary Playbook provides personalized negotiation strategies based on your specific offer.

Accountants in Minneapolis earn between $58,000 and $100,000 in 2026. The median salary is $76,000. Compensation varies based on experience level, company size, specific skills, and whether the position includes equity, bonuses, or other benefits.

Accountant salary in other cities

Other salaries in Minneapolis

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