Accountant Salary in Hastings, MN: $75,980 (2026)
Quick Answer:A full-time accountant in Hastings, MN earns a median $75,980/year (≈ $36.53/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2011). Once you factor in Hastings's price level (1% below national, BEA RPP 98.5), that paycheck buys what $77,137 would nationally. Nominal pay sits 4.7% below the Minnesota state average.
Based on BLS state-level estimates · View source
In Hastings, Minnesota, accountants earn a median annual salary of $75,980, which is notably lower than the national median of $85,864. The local salary range spans from $52,927 at the 10th percentile to $117,769 at the 90th percentile, illustrating a diverse market for accounting professionals. These figures, derived from state-level data and regional cost adjustments, reflect both the opportunities and challenges faced by accountants in the area. The disparity in earning potential highlights the importance of obtaining a CPA license, as this credential can significantly increase earning capacity and facilitate promotion from entry-level to senior positions. Aspiring accountants in Hastings should be aware of the competitive dynamics affecting their pay as they consider various career pathways.
About the Hastings Market
Salary estimated from Minnesota average ($82,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $52,927 | $25.45 |
| Lower Range (P25) | $61,317 | $29.48 |
| Median (P50)(typical) | $75,980 | $36.53 |
| Upper Range (P75) | $96,565 | $46.42 |
| Top Earners (P90) | $117,769 | $56.62 |
Median Salary Position
11.51% below the national average
2026 Salary Percentile Distribution in Hastings
In Hastings, MN, the accountant salary spread from the 10th to 90th percentile is $64,842 (2026 est.). At $75,980, the local median is 11.51% below the national median of $85,864.
Salary Calculator
At 40 hours/week in Hastings: You'd be in the lower-middle range
How Hastings Accountant Pay Compares
Hastings median: $75,980/year (2026)
| Compared To | Median Salary | Hastings Pays |
|---|---|---|
| Minnesota Average | $79,727 | -4.70% less |
| National Average | $85,864 | -11.51% less |
Accountants in Hastings, MN earn a median of $75,980 per year (2026 est.), which is 11.51% lower than the national median of $85,864 and 4.70% below the Minnesota state average of $79,727.
Cost-of-Living Adjusted Salary
Hastings 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.
Hastings, MN has a cost-of-living index of 98.5 (below the national average of 100). A accountant earning $75,980 nominally has purchasing power equivalent to $77,137 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$63,313
2025 BLS Actual
$74,047
2026 Current Est.
$75,980
2019–2027 Growth
+23.1%
Salary Trajectory for Accountants in Hastings (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.61% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $63,313 | Actual |
| 2020 | $65,092 | Actual |
| 2021 | $68,357 | Actual |
| 2022 | $69,021 | Actual |
| 2023 | $70,684 | Actual |
| 2024 | $76,953 | Actual |
| 2025 | $74,047 | Actual |
| 2026(current) | $75,980 | Estimated |
| 2027 | $77,963 | Projected |
Based on 7 years of BLS OEWS data for the Hastings metropolitan area, the median accountant salary grew 17.0% from $63,313 (2019) to $74,047 (2025). At a 2.61% compound annual growth rate, salaries are projected to reach $77,963 by 2027 — a total increase of $14,650 (23.14%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Hastings 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) | $52,927 – $61,317 |
| 3-5 years (Mid Career) | $61,317 – $75,980 |
| 5+ years (Experienced) | $75,980 – $96,565 |
| 10+ years (Top Earner) | $96,565 – $117,769 |
CPA salary ranges estimated from BLS percentile data. Individual accountant compensation varies by employer, certifications, and specialization.
Accountant Job Market in Hastings
Salary prospects for accountants in Hastings are tempered by the local job market's size, with only five accountants currently employed in the area. The cost-of-living index sits at 98.5, which is below the national average and can enhance purchasing power for those working in the region. Accountants seeking higher pay might look towards larger firms like the Big 4 or well-established regional CPA firms, as these organizations generally offer better compensation compared to smaller practices or government roles. A CPA license, specialization in fields such as tax or forensic accounting, and a strong performance during busy seasons are key factors that can drive income growth. For those navigating their accounting careers in Hastings, aligning with high-paying sectors and investing in professional development will be crucial strategies for maximizing their salary potential.
More salary data for Hastings, 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 $74,047 for accountantsin the Hastings 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 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).
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