Accountant Hourly Pay in Edina, MN: $37.06 (2026)
Quick Answer:Hourly pay for a accountant working in Edina, MN runs $37.06 at the median for 2026 — annualizing to $77,097 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2011). Weighted against Edina's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $37.63 nationally would. A 24-hour part-time schedule grosses $46,254 per year.
Based on BLS state-level estimates · View source
In Edina, the projected accountant hourly pay stands at $37.06, which is noticeably lower than the national hourly median of $41.28. This figure suggests that accountants in the area may need to adjust their expectations, particularly if they are considering part-time roles or per-diem positions. Working three days a week, for instance, translates to approximately $28,166 annually, which can be an appealing option for those seeking flexibility or balancing other commitments. In terms of experience, the hourly pay ranges from $25.04 for entry-level positions up to $57.45 for top earners, indicating a broad earning potential across various employment settings such as public firms, corporate finance departments, and even IRS offices.
About the Edina Market
Salary estimated from Minnesota average ($82,000) adjusted for local cost of living.
Accountant Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $25.04 | $200.29 |
| Lower Range (P25) | $29.58 | $236.66 |
| Median (P50) | $37.06 | $296.50 |
| Upper Range (P75) | $47.45 | $379.57 |
| Top Earners (P90) | $57.45 | $459.61 |
Estimated Annual Income by Work Schedule in Edina
Based on $37.06/hr median hourly rate · 2026 est.
At $37.06/hr, a accountant working full-time (40 hr/wk) in Edina, MN can expect to earn approximately $77,090 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $44,475. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Edina.
Hourly Rate Calculator
Schedule Comparison in Edina
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,482.51 | $6,424 | $77,090 |
| Part-Time (24 hrs) | $889.51 | $3,855 | $46,254 |
| Per Diem (16 hrs) | $593.00 | $2,570 | $30,836 |
Compare CPA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Accountant (Edina) | $37.06 |
| Financial Analyst (National Avg) | $47.61 |
| Bookkeeping / Accounting Clerk (National Avg) | $22.93 |
| Auditor (National Avg) | $39.88 |
| Tax Examiner / Collector (National Avg) | $29.61 |
Accountants in Edina, MN earn a median of $77,097 per year (2026 est.), which is 10.21% lower than the national median of $85,864 and 3.30% below the Minnesota state average of $79,728.
Accountant Hourly Pay vs. Cost of Living
Working 24h/week at $37.06/hr = $46,254/year (purchasing power: $46,959).
Working 40h/week (full-time) = $77,090/year (purchasing power: $78,264).
CoL index: 98.5 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$30.88/hr
2025 BLS Actual
$36.12/hr
2026 Current Est.
$37.06/hr
2019–2027 Growth
+23.1%
Hourly Rate Trajectory for Accountants in Edina (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.61% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $30.88/hr | Actual |
| 2020 | $31.75/hr | Actual |
| 2021 | $33.34/hr | Actual |
| 2022 | $33.67/hr | Actual |
| 2023 | $34.48/hr | Actual |
| 2024 | $37.54/hr | Actual |
| 2025 | $36.12/hr | Actual |
| 2026(current) | $37.06/hr | Estimated |
| 2027 | $38.03/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for accountants in Edina grew 17.0% from $30.88/hr (2019) to $36.12/hr (2025). At a 2.61% projected growth rate, hourly pay is expected to reach $38.03/hr by 2027. Part-time and per-diem accountants can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Edina metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 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.
Working as an Hourly Accountant in Edina
While the hourly rate in Edina may present challenges for part-time professionals, there are alternative compensation structures in play for per-diem and contract accountants. Many billing on a 1099 basis can command rates between $50 to $95 depending on their specialty, with former Big 4 associates occasionally earning as much as $80 to $130 during busy seasons. For those skilled in forensic accounting or valuation, rates can soar to $300 to $600 per hour when serving as expert witnesses. Variability in pay is evident across employer types, with public accounting firms typically offering lower hourly rates but more benefits, whereas contractors might take home higher pay without benefits. However, for many, the quest for financial stability can dictate whether one accepts a lower hourly rate with health insurance versus pursuing potentially higher pay in a role with limited benefits. Negotiating hourly rates effectively in Edina requires clear communication of market standards, the ability to articulate skills based on regional demand, and an understanding of the balance between rate and job security.
More salary data for Edina, MN:
Frequently Asked Questions
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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.
Methodology & Data Source
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 2.61% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for accountants in Edina. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Edina is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
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