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