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Bank accountant salary
Quoted expert
Alyson Ma Ph.D.
Average bank accountant salary
$52,142
$25.07 hourly rate
Entry-level bank accountant salary
$39,000 yearly salaryUpdated January 8, 2025
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Bank accountant salary by:Â
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Average bank accountant salary by state
Highest paying states for bank accountants
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | District of Columbia | $77,447 | $37.23 |
| 2 | Rhode Island | $61,291 | $29.47 |
| 3 | Delaware | $55,969 | $26.91 |
| 4 | Oregon | $58,113 | $27.94 |
| 5 | Montana | $54,718 | $26.31 |
| 6 | Texas | $54,750 | $26.32 |
| 7 | New Jersey | $61,297 | $29.47 |
| 8 | Georgia | $60,857 | $29.26 |
| 9 | New York | $57,367 | $27.58 |
| 10 | California | $55,386 | $26.63 |
| 11 | Massachusetts | $55,475 | $26.67 |
| 12 | New Hampshire | $55,499 | $26.68 |
| 13 | Nevada | $50,558 | $24.31 |
| 14 | Maryland | $55,707 | $26.78 |
| 15 | Michigan | $50,539 | $24.30 |
| 16 | Washington | $55,077 | $26.48 |
| 17 | Virginia | $54,399 | $26.15 |
| 18 | Illinois | $50,647 | $24.35 |
| 19 | Florida | $51,180 | $24.61 |
| 20 | Wisconsin | $49,016 | $23.57 |
| 21 | Alaska | $54,814 | $26.35 |
| 22 | Mississippi | $49,926 | $24.00 |
| 23 | Colorado | $48,497 | $23.32 |
| 24 | North Carolina | $50,360 | $24.21 |
| 25 | Ohio | $47,469 | $22.82 |
| 26 | Connecticut | $48,315 | $23.23 |
| 27 | Idaho | $50,079 | $24.08 |
| 28 | Pennsylvania | $47,876 | $23.02 |
| 29 | Oklahoma | $48,041 | $23.10 |
| 30 | Hawaii | $47,746 | $22.95 |
| 31 | Arizona | $44,859 | $21.57 |
| 32 | Tennessee | $44,139 | $21.22 |
| 33 | Utah | $43,648 | $20.98 |
| 34 | New Mexico | $46,344 | $22.28 |
| 35 | Iowa | $41,797 | $20.09 |
| 36 | Louisiana | $47,243 | $22.71 |
| 37 | Wyoming | $41,208 | $19.81 |
| 38 | Indiana | $45,962 | $22.10 |
| 39 | Minnesota | $42,172 | $20.27 |
| 40 | Missouri | $43,319 | $20.83 |
| 41 | Arkansas | $44,206 | $21.25 |
| 42 | Kentucky | $42,865 | $20.61 |
| 43 | Vermont | $44,046 | $21.18 |
| 44 | Alabama | $41,419 | $19.91 |
| 45 | Kansas | $41,960 | $20.17 |
| 46 | West Virginia | $40,522 | $19.48 |
| 47 | Nebraska | $40,360 | $19.40 |
| 48 | Maine | $41,294 | $19.85 |
| 49 | South Dakota | $39,901 | $19.18 |
| 50 | North Dakota | $39,682 | $19.08 |
| 51 | South Carolina | $39,698 | $19.09 |
Bank accountant salary details
A bank accountant's salary ranges from $39,000 a year at the 10th percentile to $68,000 at the 90th percentile.
What is a bank accountant's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $68,000 | $5,667 | $33 |
| 75th Percentile | $60,000 | $5,000 | $29 |
| Average | $52,142 | $4,345 | $25 |
| 25th Percentile | $45,000 | $3,750 | $22 |
| 10th Percentile | $39,000 | $3,250 | $19 |
Highest paying bank accountant jobs
The highest paying types of bank accountants are certified public accountant, senior accountant, and senior staff accountant.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Accounting Clerk | $38,683 | $3,224 | $18.60 | 106,969 |
| Certified Public Accountant | $76,693 | $6,391 | $36.87 | 78,792 |
| Accounting Analyst | $58,399 | $4,867 | $28.08 | 81,097 |
| Accountant Internship | $33,484 | $2,790 | $16.10 | 82,924 |
| Accountant/Consultant | $64,298 | $5,358 | $30.91 | 38,916 |
| Fixed Asset Accountant | $59,691 | $4,974 | $28.70 | 42,860 |
How would you rate the starting salaries for bank accountants, as well as the prospects for salary advancement?
Alyson Ma Ph.D.
Chair and Professor, University of San Diego
Economics is a combination of critical thinking, problem-solving, and quantitatively analyzing relationships using data. Students studying Economics are trained to interpret the big picture and present complex information about how an economy functions. Given the analytical and quantitative skills, it is not surprising that Economics majors earn higher than average starting salaries. The preliminary 2020 data shows an average salary of $63k for Economics and Business Economics Majors at USD.
Coupled with work experience, students trained in Economics also outpace their peers to advance in their careers. According to Monster.com, a major in Economics ranks third on the fast track to $100K. Additionally, the Wall Street Journal shows that Economics has the highest Mid-Career 90th Percentile Salary for those with a bachelor's degree at $210,000.
A cautionary note is that Economics is not for everyone. Students who gravitate toward Economics tend to be fascinated by the world around them. They are the analytical type and appreciate the logical beauty of math. If you asked many 'why' questions when you were little, then Economics might be for you.
Coupled with work experience, students trained in Economics also outpace their peers to advance in their careers. According to Monster.com, a major in Economics ranks third on the fast track to $100K. Additionally, the Wall Street Journal shows that Economics has the highest Mid-Career 90th Percentile Salary for those with a bachelor's degree at $210,000.
A cautionary note is that Economics is not for everyone. Students who gravitate toward Economics tend to be fascinated by the world around them. They are the analytical type and appreciate the logical beauty of math. If you asked many 'why' questions when you were little, then Economics might be for you.
Top companies hiring bank accountants now:
Wage gap by gender, race and education
$53,000$52,200$51,400$50,600$49,800$49,000
MaleFemale
Bank accountant salary trends
The average bank accountant salary has risen by $7,592 over the last ten years. In 2014, the average bank accountant earned $44,550 annually, but today, they earn $52,142 a year. That works out to a 8% change in pay for bank accountants over the last decade.
Compare bank accountant salaries for cities or states with the national average over time.
Average bank accountant salary over time
Compare bank accountant salaries for individual cities or states with the national average.
Bank accountant salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $52,100 | $25.07 | +2.7% |
| 2024 | $50,700 | $24.38 | +1.5% |
| 2023 | $50,000 | $24.03 | +1.6% |
| 2022 | $49,200 | $23.63 | +1.7% |
| 2021 | $48,300 | $23.22 | +1.4% |
Recently added bank accountant salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Realty Income Corporation | Bank Reconciliation & Treasury Accountant | San Diego, CA | 06/24/2025 | $66,160 |
| Realtyome | Bank Reconciliation & Treasury Accountant | San Diego, CA | 06/24/2025 | $66,160 |
| Capps | Dept Banking-Accountant II-III | Austin, TX | 06/18/2025 | $48,000 |
| A-Line Staffing Solutions | Banking Accountant | Detroit, MI | 06/10/2025 | $55,000 |
| Capps | Dept Banking-Accountant II-III | Austin, TX | 05/28/2025 | $48,000 |
| Nelnet | Accountant III-Nelnet Bank | Draper, UT | 05/23/2025 | $75,000 |
| Nelnet | Accountant III-Nelnet Bank | Lincoln, NE | 05/23/2025 | $75,000 |
| Corporate Traveler | Management Accountant-South Bank, QLD | Nunez, GA | 04/18/2025 | $100,000 |
| Flight Centre Travel Group Limited | Management Accountant-South Bank, QLD | Nunez, GA | 04/17/2025 | $100,000 |
| Lovisa America LLC | Accountant-Banking | Ione, CA | 02/19/2025 | $60,000 |
Bank accountant salary FAQs
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Updated January 8, 2025