Accountant Salary

Entry-Level Accountant Salary in Hastings, MN: $52,927 (2026)

Quick Answer:New accountants entering the Hastings, MN job market in 2026 can expect a starting salary around $52,927 (BLS 10th-percentile benchmark for SOC 13-2011, projected from 2025 OEWS data). Stripping out Hastings's local price level (BEA RPP 98.51% below national), a first-year paycheck buys what $53,733 would in average-cost America. Most reach the city median ($75,980) within a few years of clinical practice.

$52,927
Starting Salary
$25.45/hr
Starting Hourly
$52,927
Entry Level
$75,980
Career Median Target

Based on BLS state-level estimates · View source

Accountant Entry Level Salary in Hastings, MN — 2026 est., based on 2025 BLS
Hastings, MN accountant entry level salary overview (2026 est., based on 2025 BLS)

For those initiating their careers in accounting in Hastings, MN, the starting accountant salary in 2026 is estimated at $52,927. This figure marks the lower end of the salary spectrum and presents an intriguing starting point against the city’s median annual salary of $75,980. New graduates should manage their expectations and recognize the potential for growth, as earnings can rapidly increase from this entry point. Early career accountants may see salary developments toward the P25 figure of $61,317 within the first few years, signaling a path that can lead to more competitive incomes as they gain experience and professional credentials. Given these projections, Hastings appears to offer a reasonably favorable market for recent graduates eager to start their accounting pathways, despite the starting salaries lagging behind the national figure of $85,864.

About the Hastings Market

Salary estimated from Minnesota average ($82,000) adjusted for local cost of living.

Career Earnings Timeline in Hastings

Year 0-2

New Graduate

$52,927/yr
Year 2-5

Early Career

$61,317/yr
Year 5-10

Mid Career

$75,980/yr
Year 10+

Experienced

$96,565/yr

Salary progression estimated from BLS percentile data. Actual progression varies by employer, certifications, and specialization.

2026 Salary Percentile Distribution in Hastings

Vertical bar chart of 10th through 90th percentile salaries for accountants in Hastings. The median salary is $75,980, compared to the national median of $85,864.$47.6K$66.6K$85.6K$104.7K$123.7K$52.9K10th Pctl$61.3K25th Pctl$76.0KMedian$96.6K75th Pctl$117.8K90th PctlUS Median$85.9K

Entry-level accountants in Hastings, MN typically start between $52,927 and $61,317 per year (2026 est.). The full salary range spans $64,842 from the 10th to 90th percentile, with the local median at $75,98011.51% below the national median.

Source: BLS OEWS projected to 2026. Percentiles reflect the distribution of accountant pay in the Hastings metro area.

Return on Investment

$58,000
Avg MN Program Cost
$52,927
Starting Salary
109.58%
Cost-to-Salary Ratio
1.1 yr
Payback Estimate

The average accounting program cost in Minnesota of $58,000 represents just 109.58% of the starting accountant pay ($52,927/year) in Hastings. Most graduates begin earning back their investment from day one, though actual ROI varies based on living expenses, loan interest, and the 2-year opportunity cost of schooling.

Program cost estimates cover AACSB-accredited undergraduate accounting programs at public and private universities. CPA candidates typically complete an additional 30 credit hours beyond the bachelor's degree to reach the 150-hour requirement.

CPA Salary Negotiation Tips for New Graduates in Hastings

  • 1Research the Hastings market: entry-level accountant pay ranges from $52,927 to $61,317, so aim for at least the 25th percentile if you have strong credentials.
  • 2Highlight any additional certifications or specialty training within the accounting field — employers in MN often pay a premium for expanded scope of work.
  • 3Evaluate the full compensation package — in Hastings, benefits like health insurance, continuing-education allowances, and schedule flexibility can add 20-30% to your effective compensation.
  • 4Consider starting with a larger hospital system or multi-site employer in Hastings for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
  • 5Hastings's moderate cost of living means your starting salary goes further here compared to many larger metro areas.

Accountant Compensation Range

The accountant wage spread in Hastings is $64,842 ( 122.51%) between entry-level and top earners. Starting at $52,927, experienced hygienists can earn up to $117,769.

Represents the current salary spread across experience levels, not projected career growth rate.

2019 BLS Actual

$40,955

2025 BLS Actual

$51,581

2026 Current Est.

$52,927

2019–2027 Growth

+32.6%

Salary Trajectory for Accountants in Hastings (20192027)

2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.61% projection.

BLS Actual Estimated Projected
Salary trajectory chart for accountants in Hastings. Baseline $40,955 in 2025, projected to $54,309 by 2027.$38.3K$43.0K$47.6K$52.3K$57.0K2019202020212022202320242025202620272025 BLS$41.0K$41.6K$44.2K$44.7K$46.4K$51.7K$51.6K$52.9K$54.3K
YearAnnual SalaryStatus
2019$40,955Actual
2020$41,637Actual
2021$44,169Actual
2022$44,712Actual
2023$46,443Actual
2024$51,700Actual
2025$51,581Actual
2026(current)$52,927Estimated
2027$54,309Projected

Entry-level accountant compensation (10th percentile) in Hastings, MN grew 25.9% over 7 years based on actual BLS metropolitan area surveys, rising from $40,955 in 2019 to $51,581 in 2025. By 2027, starting salaries are projected to reach $54,309. New graduates entering the Hastings job market can expect continued year-over-year gains.

Note: Historical values (20192025) are actual BLS OEWS figures for the Hastings metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 20262026 figures are current estimates, and 2027 values are projections, calculated using a 2.61% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.

Starting Your accounting Career in Hastings

Companies in Hastings seeking fresh talent are typically smaller regional firms and some corporate accounting departments that recognize the value of new graduates. While the Big 4 accounting firms do recruit heavily for entry-level positions, local opportunities are more localized and often concentrate on building relationships with their staff to encourage quick promotions. The educational foundation laid by a Bachelor's degree in accounting may also be bolstered by pursuing a CPA license, which not only enhances one's prospects for a higher starting salary but also aligns with Minnesota's requirements. Graduates are advised to consider internal networking opportunities that can lead to quicker advancement over their first few years. Realistically, those in entry-level roles should expect salary growth reflective of their contributions and possibly other certifications acquired during this period as they increasingly transition into industry positions, which, despite sometimes offering lower prestige, can lead to lucrative roles and a more stable work-life balance post-busy season.

Frequently Asked Questions

What is the starting salary for accountants in Hastings in 2026?

Entry-level accountants in Hastings start at approximately $52,927/year (10th percentile), based on estimated 2026 salary (projected from 2025 BLS data at 2.61% annual growth). This is the typical range for new graduates with less than 1 year of clinical experience. The starting hourly equivalent is approximately $25.45/hour for full-time work. Starting pay depends on the practice type (private vs. large organization), patient volume, location within the metro area, and whether the position includes benefits.

How fast do accountant salaries grow in Hastings?

Most accountants in Hastings progress from the entry-level salary of $52,927 to the area median of $75,980 within 3–5 years of clinical experience. Top earners with specializations and certifications reach $117,769 (90th percentile). The biggest salary jumps typically come in years 2–5 as clinical skills develop, and again when obtaining advanced certifications or expanded-function credentials. Salary growth after 10 years tends to plateau unless moving into management or education roles.

Is accounting school worth it in Hastings?

With a starting salary of $52,927/year in Hastings and typical program costs ranging from $20,000–$80,000 for the required degree, graduates can expect a strong return on investment. Most new accountants recoup their tuition within 1–3 years of working full-time. The profession also offers excellent work-life balance, flexible scheduling, low unemployment rates, and growing demand driven by an aging population's care needs.

What do new accountants make right out of school in Hastings?

New accounting graduates in Hastings typically start near the 10th percentile at $52,927/year, or approximately $25.45/hour. Starting pay varies based on the practice type, patient volume, geographic location within the metro area, and whether the compensation package includes benefits like health insurance and retirement contributions. Graduates with internships at high-production practices often secure higher starting offers.

How do I become a accountant in Minnesota?

To become a licensed accountant in Minnesota, you typically need bachelor's degree in accounting or a related field is required., then pass the required national and state licensing examinations. Most states, including Minnesota, also require a clinical licensing exam. After obtaining licensure, you must maintain it through continuing education credits. Some accountants pursue advanced degrees for career advancement into education, research, or public health roles.

Related Pages

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SP

Written by Sofia Patel, CPA

Career Analyst

Sofia Patel has over 10 years of experience in financial analysis. She specializes in tax preparation for small businesses. She has worked in both corporate and public accounting environments.

Clinically reviewed by Liam Chen, CMAData verified by Amina Khan, MBA

Methodology & Data Source

Entry-level salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The 10th percentile (entry-level) is used as the starting salary benchmark for new accounting graduates. A 2.61% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to project current 2026 entry-level compensation in Hastings. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.

Data Sources & Methodology

Salary data for Hastings is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).

View estimation methodology

2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 2.61%, derived from historical BLS wage trends for accountants (SOC 13-2011).

Compiled and verified by Sofia Patel, CPA, a licensed accountant with 10+ years of clinical experience. · View source data at BLS.gov

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