These Are The 10 Highest Accountant Salaries By State

Chris Kolmar
by Chris Kolmar
Best States For Professions, Rankings - 2 years ago
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Without fail, in surveys across basically every demographic, the number one most important aspect of a job for most people is the salary — how much do accountants get paid where I live?

And while there are many things to go into how much you, specifically, can expect to make, there’s really good data for average salaries for accountants by state across America broken down by seniority level. So while your city may be slightly different than the state average, these averages give you a rough sense of what to expect for your salary.

To better understand how salaries change across America, we decided to take a look the most recent data from the Bureau of Labor Statistics on average pay for accountants by state.

Additionally, we wanted to adjust the salary based on the cost of living in a state — because your salary goes further in North Carolina than it does in California.

The state with the best salary for accountants after this adjustment? That would be Accountants And Auditors.

Here’s a quick snapshot of the top ten states for salaries:

  1. Texas
  2. Georgia
  3. Michigan
  4. Virginia
  5. Illinois
  6. North Carolina
  7. Idaho
  8. Missouri
  9. Delaware
  10. Ohio

Let’s take a look at how we got here and a full ranking of all the states.

If you’re interested, you can read more about the job scene here:

How we determined pay by state

As we mentioned earlier, we took the average annual salary data for accountants from the 2016 Bureau of Labor Statistics — specifically their ‘Occupational Employment Statistics.’

To make the comparison of salaries apples to apples across states, we also took into account the cost of living in each state.

We then created an index by dividing the average wage for a state by the cost of living relative to average. As an example, the cost of living index in California is 135.9 and the average pay is $82620, so our index value would be:

$82,620 * (100 / 135.9) = $60,794

We then ranked every state on this criteria with the state with the highest salary index ranking as highest average salary for accountants.

Here’s a look at the full ranking for all states.

For more reading, check out:

Detailed List Of Accountant Salaries By State

Rank State Adjusted Salary Average Wage Cost Of Living
1 Texas $88,743 $80,490 90.7
2 Georgia $83,763 $76,560 91.4
3 Michigan $83,550 $74,360 89.0
4 Virginia $82,718 $83,380 100.8
5 Illinois $81,342 $76,950 94.6
6 North Carolina $79,020 $74,200 93.9
7 Idaho $78,132 $71,960 92.1
8 Missouri $78,019 $70,530 90.4
9 Delaware $76,785 $77,860 101.4
10 Ohio $75,543 $70,860 93.8
11 Utah $75,505 $70,220 93.0
12 Arkansas $75,476 $65,740 87.1
13 Oklahoma $75,403 $67,260 89.2
14 Colorado $74,566 $77,400 103.8
15 Alabama $74,287 $67,750 91.2
16 Tennessee $74,194 $66,330 89.4
17 Indiana $73,608 $65,880 89.5
18 New Jersey $72,961 $88,940 121.9
19 Nebraska $72,849 $66,730 91.6
20 Wyoming $72,647 $66,690 91.8
21 Pennsylvania $72,485 $73,500 101.4
22 Iowa $71,945 $65,470 91.0
23 New York $71,206 $93,280 131.0
24 Kansas $71,201 $64,010 89.9
25 Kentucky $70,486 $63,790 90.5
26 Minnesota $70,357 $70,920 100.8
27 Florida $70,284 $69,090 98.3
28 Washington $68,460 $72,020 105.2
29 Wisconsin $68,254 $66,070 96.8
30 Arizona $68,142 $66,780 98.0
31 Louisiana $67,943 $64,410 94.8
32 West Virginia $67,858 $63,380 93.4
33 New Mexico $67,585 $65,220 96.5
34 Mississippi $65,634 $56,380 85.9
35 Maryland $65,633 $82,370 125.5
36 Montana $64,384 $64,900 100.8
37 Rhode Island $64,134 $77,410 120.7
38 Connecticut $63,014 $80,470 127.7
39 Alaska $62,684 $82,180 131.1
40 Nevada $61,955 $64,000 103.3
41 South Carolina $61,834 $61,340 99.2
42 Massachusetts $61,784 $82,420 133.4
43 South Dakota $61,755 $64,040 103.7
44 New Hampshire $61,196 $71,600 117.0
45 California $60,794 $82,620 135.9
46 Vermont $60,437 $73,190 121.1
47 North Dakota $58,692 $58,340 99.4
48 Oregon $57,967 $67,010 115.6
49 Maine $57,933 $64,190 110.8
50 Hawaii $36,783 $61,760 167.9