Average Accountant Salary in Minneapolis, MN

The average Accountant in Minneapolis, MN earns $89,480 per year. See how this compares to the national average and what it means for your budget.

Average Salary
$89480
Median Salary
$79750
vs. National
1.4% below
Real Pay (COL-adjusted)
$85364

“Real pay” adjusts the average for Minneapolis’s cost of living (Regional Price Parity 104.822, U.S. average = 100) — what this salary is worth in national-average dollars.

What Accountants actually earn in Minneapolis

The spread from entry-level (10th percentile) to top earners (90th), from BLS wage data.

10th (entry) $53790
25th $63800
Median $79750
75th $101510
90th (top) $134400

22310 Accountants employed in the Minneapolis metro.

Can a Accountant afford a home in Minneapolis?

Max home price under the 28% rule (housing ≤ 28% of gross), 10% down, 6.7% 30-yr rate. Median Minneapolis home: $345600.

Earnings levelSalaryMax homeMedian home?
Entry (10th)$53790$21611763%
Median$79750$32041993%
Top (90th)$134400$539991Yes

What’s this salary worth in another city?

What you earn (or want to compare)

Take-home pay for a Accountant in Minneapolis

Estimated pay after federal, FICA, and MN state taxes (2026). Prefilled with the local average — adjust for your situation.

Estimate only — not tax advice. Tax year 2026, federal + FICA + state (single or married filing jointly). Excludes local/city income taxes (e.g., NYC, Philadelphia) and individual credits. See our methodology.

Minneapolis at a glance

Population426845
Median household income$80269
Median home value$345600
Median rent$1329/mo
Cost of living (RPP, U.S.=100)104.822
Bachelor’s degree or higher32.7%
Poverty rate15.7%

In Minneapolis, MN, Accountants earn a median of $79,750 a year — about 12% below the U.S. median of $90,780. Among the 50 metros tracked here for this role, that ranks #25.

What that pay is worth in Minneapolis

Local prices run 105 on the BEA cost-of-living index (U.S. = 100), so a $89,480 salary buys less than it looks — about $85,364 in national-average buying power.

Can Accountants afford a home in Minneapolis?

A typical Minneapolis home runs about $345,600 — 3.9 times the average Accountant salary, manageable against the classic 3x rule of thumb. Median rent near $1,329/mo takes roughly 18% of gross pay — within the 30% comfort line.

The Accountant pay ladder in Minneapolis

Entry-level (10th percentile) Accountants earn about $53,790; the top 10% reach $134,400 — a $80,610 spread, wide for this field. Most of that gap comes down to experience, employer, and how hard you negotiate.

The Accountant job market in Minneapolis

Minneapolis employs roughly 22,310 Accountants. It’s a sizable local market to build a career in.

Compare Minneapolis with other cities

See the full Accountant salary by city ranking to weigh Minneapolis against the other metros on both pay and cost-adjusted value, or use the cost-of-living calculator to compare any two cities directly.

Frequently asked questions

How much do Accountants make in Minneapolis?

The average Accountant in Minneapolis, MN earns about $89,480 per year, 1.4% below the national average of $90,780.

What is the take-home pay for Accountants in Minneapolis after taxes?

After federal and MN taxes, this $89,480 salary is worth about $67,217 a year - roughly $5,601 a month in take-home pay, an effective tax rate near 25%.

What do the highest-paid Accountants earn in Minneapolis?

The top 10% of Accountants in Minneapolis earn about $134,400 a year, versus about $53,790 for the bottom 10%.

Can Accountants afford a home in Minneapolis?

A typical Minneapolis home runs about $345,600 - roughly 3.9x this salary, within reach by the classic 3x rule of thumb.

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