Accountant Salary in Bloomington, MN: $87,185 (2026)
Quick Answer:A full-time accountant in Bloomington, MN earns a median $87,185/year (≈ $41.92/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2011). Once you factor in Bloomington's price level (1% below national, BEA RPP 98.5), that paycheck buys what $88,513 would nationally. Nominal pay sits 9.3% above the Minnesota state average.
Based on BLS state-level estimates · View source
In 2026, accountants in Bloomington, Minnesota, can expect a median salary of $87,185, which offers a slight advantage over the national median set at $85,864. The projected salary range indicates significant variability in compensation, from $59,610 at the lower end to $135,136 for those in the 90th percentile. These estimates are based on 2025 BLS data, adjusted for regional cost considerations. This indicates that while entry-level positions may offer more modest pay, there is considerable potential for growth within the profession, particularly for those affiliated with leading public firms or specialized roles. The structural dynamics of accounting roles in Bloomington reflect a blend of opportunities across various sectors, showcasing the area's potential for accountants seeking to advance their careers.
About the Bloomington Market
Salary estimated from Minnesota average ($82,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $59,610 | $28.66 |
| Lower Range (P25) | $68,266 | $32.82 |
| Median (P50)(typical) | $87,185 | $41.92 |
| Upper Range (P75) | $111,597 | $53.65 |
| Top Earners (P90) | $135,136 | $64.97 |
Median Salary Position
1.54% above the national average
2026 Salary Percentile Distribution in Bloomington
In Bloomington, MN, the accountant salary spread from the 10th to 90th percentile is $75,526 (2026 est.). At $87,185, the local median is 1.54% above the national median of $85,864.
Salary Calculator
At 40 hours/week in Bloomington: You'd be in the lower-middle range
How Bloomington Accountant Pay Compares
Bloomington median: $87,185/year (2026)
| Compared To | Median Salary | Bloomington Pays |
|---|---|---|
| Minnesota Average | $79,766 | +9.30% more |
| National Average | $85,864 | +1.54% more |
Accountants in Bloomington, MN earn a median of $87,185 per year (2026 est.), which is 1.54% higher than the national median of $85,864 and 9.30% above the Minnesota state average of $79,766.
Cost-of-Living Adjusted Salary
Bloomington has a cost of living 1.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Bloomington, MN has a cost-of-living index of 98.5 (below the national average of 100). A accountant earning $87,185 nominally has purchasing power equivalent to $88,513 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$72,650
2025 BLS Actual
$84,967
2026 Current Est.
$87,185
2019–2027 Growth
+23.1%
Salary Trajectory for Accountants in Bloomington (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.61% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $72,650 | Actual |
| 2020 | $74,691 | Actual |
| 2021 | $78,438 | Actual |
| 2022 | $79,200 | Actual |
| 2023 | $81,109 | Actual |
| 2024 | $78,545 | Actual |
| 2025 | $84,967 | Actual |
| 2026(current) | $87,185 | Estimated |
| 2027 | $89,460 | Projected |
Based on 7 years of BLS OEWS data for the Bloomington metropolitan area, the median accountant salary grew 17.0% from $72,650 (2019) to $84,967 (2025). At a 2.61% compound annual growth rate, salaries are projected to reach $89,460 by 2027 — a total increase of $16,810 (23.14%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Bloomington 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $59,610 – $68,266 |
| 3-5 years (Mid Career) | $68,266 – $87,185 |
| 5+ years (Experienced) | $87,185 – $111,597 |
| 10+ years (Top Earner) | $111,597 – $135,136 |
CPA salary ranges estimated from BLS percentile data. Individual accountant compensation varies by employer, certifications, and specialization.
Accountant Job Market in Bloomington
The local employment market comprises 18 accountants, with a cost-of-living index of 98.5, suggesting that living expenses in Bloomington are slightly below the national average. This creates a favorable environment for accountants as their take-home pay goes further. Among the top paying employers in the region are the Big 4 public accounting firms, which typically offer higher salaries compared to mid-tier CPA firms and corporate accounting departments. Factors influencing the wide range of salaries include whether an individual has a CPA license, their shift between public and private sectors, and specific accounting specialties such as tax or forensic accounting, which tend to command higher pay. To maximize earnings in the Bloomington market, professionals should strive for CPA licensure, explore specialty niches, and consider the partner track at public firms, given the additional bonuses and pay incentives associated with busy-season work.
More salary data for Bloomington, 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
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 BLS reported a median annual salary of $84,967 for accountantsin the Bloomington metropolitan area. A 2.61% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Bloomington 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