Accountant Salary in Savage, MN: $77,105 (2026)
Quick Answer:A full-time accountant in Savage, MN earns a median $77,105/year (≈ $37.07/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2011). Once you factor in Savage's price level (1% below national, BEA RPP 98.5), that paycheck buys what $78,279 would nationally. Nominal pay sits 3.3% below the Minnesota state average.
Based on BLS state-level estimates · View source
Accountants in Savage, MN, experience a competitive compensation landscape, highlighted by a projected median annual salary of $77,105 for 2026. This reflects a notable divergence from the national median of $85,864, indicating a local accountant pay that is approximately 10.20% lower than the national figure. The salary spectrum in this region ranges from $56,272 at the 10th percentile to $119,513 for those in the 90th percentile, based on estimates derived from 2025 BLS data and regional cost adjustments. This difference suggests a complex job market influenced by the structural divide between Big 4 firms and regional CPA practices, as well as corporate accounting departments. The Sasvg region offers intriguing insights into wage dynamics and variations, particularly as it continues to evolve within Minnesota's broader financial environment.
About the Savage Market
Salary estimated from Minnesota average ($82,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $56,272 | $27.06 |
| Lower Range (P25) | $64,374 | $30.95 |
| Median (P50)(typical) | $77,105 | $37.07 |
| Upper Range (P75) | $98,694 | $47.45 |
| Top Earners (P90) | $119,513 | $57.46 |
Median Salary Position
10.2% below the national average
2026 Salary Percentile Distribution in Savage
In Savage, MN, the accountant salary spread from the 10th to 90th percentile is $63,241 (2026 est.). At $77,105, the local median is 10.2% below the national median of $85,864.
Salary Calculator
At 40 hours/week in Savage: You'd be in the lower-middle range
How Savage Accountant Pay Compares
Savage median: $77,105/year (2026)
| Compared To | Median Salary | Savage Pays |
|---|---|---|
| Minnesota Average | $79,737 | -3.30% less |
| National Average | $85,864 | -10.20% less |
Accountants in Savage, MN earn a median of $77,105 per year (2026 est.), which is 10.20% lower than the national median of $85,864 and 3.30% below the Minnesota state average of $79,737.
Cost-of-Living Adjusted Salary
Savage 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.
Savage, MN has a cost-of-living index of 98.5 (below the national average of 100). A accountant earning $77,105 nominally has purchasing power equivalent to $78,279 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$64,251
2025 BLS Actual
$75,144
2026 Current Est.
$77,105
2019–2027 Growth
+23.1%
Salary Trajectory for Accountants in Savage (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.61% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $64,251 | Actual |
| 2020 | $66,056 | Actual |
| 2021 | $69,370 | Actual |
| 2022 | $70,043 | Actual |
| 2023 | $71,732 | Actual |
| 2024 | $78,093 | Actual |
| 2025 | $75,144 | Actual |
| 2026(current) | $77,105 | Estimated |
| 2027 | $79,118 | Projected |
Based on 7 years of BLS OEWS data for the Savage metropolitan area, the median accountant salary grew 17.0% from $64,251 (2019) to $75,144 (2025). At a 2.61% compound annual growth rate, salaries are projected to reach $79,118 by 2027 — a total increase of $14,867 (23.14%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Savage 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) | $56,272 – $64,374 |
| 3-5 years (Mid Career) | $64,374 – $77,105 |
| 5+ years (Experienced) | $77,105 – $98,694 |
| 10+ years (Top Earner) | $98,694 – $119,513 |
CPA salary ranges estimated from BLS percentile data. Individual accountant compensation varies by employer, certifications, and specialization.
Accountant Job Market in Savage
The local job market in Savage employs a modest cohort of nine accountants, which underscores a tightly-knit professional community. With a cost-of-living index of 98.5, accountants here face a somewhat lower purchasing power relative to the national average. The highest pay typically comes from Big 4 public accounting firms, which outstrip regional and local CPA firms in compensation for entry-level positions. However, many accountants transition to industry roles where salaries can become more lucrative in the long run. Factors impacting the pay scale include CPA licensure requirements and specialties pursued within the profession, such as taxation and forensic accounting. To maximize earnings in this competitive environment, accountants should consider pursuing certifications and specializations, and they should remain open to opportunities in both public accounting and industry sectors to navigate the profession in Savage effectively.
More salary data for Savage, 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 $75,144 for accountantsin the Savage 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 Savage 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