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Job outlook for fixed asset accountants in the United States
Fixed asset accountant job growth summary. After extensive research, interviews, and analysis, Zippia's data science team found that:
The projected fixed asset accountant job growth rate is 6% from 2018-2028.
About 81,800 new jobs for fixed asset accountants are projected over the next decade.
Fixed asset accountant salaries have increased 8% for fixed asset accountants in the last 5 years.
There are over 11,955 fixed asset accountants currently employed in the United States.
There are 42,860 active fixed asset accountant job openings in the US.
The average fixed asset accountant salary is $59,691.
Are fixed asset accountant jobs in demand?
Fixed Asset Accountant job and salary trends over time
Fixed Asset Accountant jobs over time
Fixed Asset Accountant job growth rate over time
| Year | # Of Jobs | % Of Population |
|---|---|---|
| 2021 | 11,955 | 0.00% |
| 2020 | 11,556 | 0.00% |
| 2019 | 11,611 | 0.00% |
| 2018 | 11,423 | 0.00% |
| 2017 | 11,251 | 0.00% |
Average fixed asset accountant salary over time
Fixed Asset Accountant salary by year
| Year | Avg. Salary | Hourly Rate | % Change |
|---|---|---|---|
| 2025 | $59,691 | $28.70 | +2.8% |
| 2024 | $58,060 | $27.91 | +1.5% |
| 2023 | $57,208 | $27.50 | +1.7% |
| 2022 | $56,275 | $27.06 | +1.8% |
| 2021 | $55,301 | $26.59 | +1.4% |
Fixed Asset Accountant jobs by state
Most common states for fixed asset accountants
| Rank | State | Population | # of Jobs | Employment/ 1000ppl |
|---|---|---|---|---|
| 1 | District of Columbia | 693,972 | 267 | 38% |
| 2 | Delaware | 961,939 | 105 | 11% |
| 3 | Colorado | 5,607,154 | 533 | 10% |
| 4 | Massachusetts | 6,859,819 | 621 | 9% |
| 5 | Iowa | 3,145,711 | 275 | 9% |
| 6 | Illinois | 12,802,023 | 996 | 8% |
| 7 | Virginia | 8,470,020 | 660 | 8% |
| 8 | Maryland | 6,052,177 | 505 | 8% |
| 9 | Minnesota | 5,576,606 | 446 | 8% |
| 10 | Connecticut | 3,588,184 | 304 | 8% |
| 11 | Utah | 3,101,833 | 241 | 8% |
| 12 | Rhode Island | 1,059,639 | 89 | 8% |
| 13 | Montana | 1,050,493 | 83 | 8% |
| 14 | California | 39,536,653 | 2,604 | 7% |
| 15 | Arizona | 7,016,270 | 462 | 7% |
| 16 | Missouri | 6,113,532 | 417 | 7% |
| 17 | Oregon | 4,142,776 | 276 | 7% |
| 18 | New Hampshire | 1,342,795 | 100 | 7% |
| 19 | Vermont | 623,657 | 45 | 7% |
| 20 | Washington | 7,405,743 | 410 | 6% |
Most common cities for fixed asset accountants
| Rank | City | # of Jobs | Employment/ 1000ppl | Avg. Salary |
|---|---|---|---|---|
| 1 | Englewood | 4 | 12% | $56,152 |
| 2 | Ridgefield | 2 | 8% | $61,529 |
| 3 | Newark | 1 | 3% | $59,484 |
| 4 | Altamonte Springs | 1 | 2% | $55,082 |
| 5 | Grapevine | 1 | 2% | $56,682 |
| 6 | Naperville | 1 | 1% | $56,669 |
| 7 | Pomona | 1 | 1% | $70,970 |
| 8 | Dallas | 2 | 0% | $56,730 |
| 9 | Atlanta | 1 | 0% | $51,531 |
| 10 | Denver | 1 | 0% | $56,061 |
| 11 | Detroit | 1 | 0% | $49,799 |
| 12 | Fremont | 1 | 0% | $73,455 |
| 13 | Houston | 1 | 0% | $58,256 |
| 14 | Jacksonville | 1 | 0% | $54,279 |
| 15 | Philadelphia | 1 | 0% | $53,752 |
| 16 | Phoenix | 1 | 0% | $63,813 |
| 17 | Sacramento | 1 | 0% | $72,878 |
| 18 | Saint Petersburg | 1 | 0% | $55,750 |
Fixed Asset Accountant job outlook: Expert opinions
Our panel of fixed asset accountant experts
Hunter College of the City University of New York
Seattle University
University of Memphis
SUNY College at Old Westbury
Pace University
Henderson State University
Skyline College
Oakland University
University of Missouri - St Louis
Muhlenberg College
Eastern Oregon University
University of California, Riverside
Indiana University Northwest
What will help Fixed Asset Accountants increase their earning potential?
Dr. Dina El Mahdy Ph.D., CFE: Surprisingly, the important and most prevalent skills in the field over the next 3-5 years are soft skills such as an analytical mindset, communication (both orally and in writing), skepticism, independence, ethics, and integrity. Furthermore, familiarity with data analytics tools and software not only improves your work productivity but also helps you build expertise in the field. All these qualities can make a great accountant who can significantly impact the capital market by helping to protect investors and enhancing the usefulness of accounting information for various stakeholders.
Toshi Mitsudome PhD, CFA, CFP, CMA
Director of Accounting ProgramsHunter College of the City University of New York
Accounting And Related Services
What Fixed Asset Accountant skills would you recommend for someone trying to advance their career?
Toshi Mitsudome PhD, CFA, CFP, CMA: Beside the technical skills, as in (1), students should work on their communication skills, both verbally and in writing. I see this is one of the areas where our students can substantially improve. Additionally, students should be comfortable with technologies and data analytics, i.e., statistics, advanced Excel skills, various software for data analytics and visualizations (Tableau, Power BI, Python, R, etc.). Accounting students don't have to be coding professionals; they just have to understand the basic functions and syntax of these software, so that they can communicate the results of data analysis with their team members and clients. Also, they can facilitate communications between the IT, programmers and accounting professionals. This technical skill is expected to be increasingly more important in the next 10 years.
What general advice would you give to a Fixed Asset Accountant?
Gabriel Saucedo PhD, CPA: Maximizing salary potential really does depend on what a young professional wants to do with their career. As such, a new accountant should not forego or overlook the importance of networking and finding a mentor or mentors to help them navigate these waters (sidenote: no young professional should be afraid of networking because most anyone likes to talk about themselves and/or their respective job). First, earning and maintaining a recognized certification in the field (e.g., CPA), while grueling, still carries long-term income potential. However, there are numerous other certifications rising in importance with long-term value (e.g., CFE, CMA, CIA, etc.). Second, some will argue that finding a niche job early on and specializing will maximize earning potential. Third, and conversely, riding the public accounting wave until reaching management-level responsibilities will also have a notable impact on future salaries. The ongoing training and education firms invest in their employees, along with the diverse client base, is something that is hard to price in the short-term but future employers will gladly pay a premium for in the long-term. Fourth, lean into your strengths. For some people this may be in technology. But for others, a recruit that can carefully articulate difficult information to constituents and stakeholders is no doubt executive material.
Rita Green Ed.D.
Teaching Associate ProfessorUniversity of Memphis
Accounting And Related Services
What will help Fixed Asset Accountants increase their earning potential?
Rita Green Ed.D.: I would advise graduates to seriously consider their desired area of specialty in the accounting profession. Hopefully, graduates have had internships with companies, as students, and are in a better position to identify their interests. Like the medical field, there are specialty areas of accounting: financial, managerial, tax, nonprofit, forensic, governmental, and auditing. And this is not an exhaustive list. Opportunities abound in the accounting field because every business, including nonprofits that receive money, will need to have at least one or many accountants, depending on a company’s size.
What will help Fixed Asset Accountants increase their earning potential?
Patrick O'Brien: No matter the field of accounting that one goes into, each one has its own type of “busy season”. These busy seasons generally require an accountant to work more hours than a typical 40-hour work week for a set period of time. While the hours can be intense, they are usually predictable, so the accountant can plan accordingly. In terms of what people usually like about being an accountant, there are a number of factors. The main one is that it is a career (rather than a job) with a clear path for advancement and promotion (generally, speaking). With this, there comes a level of career stability that many other professions and jobs cannot provide. Additionally, it has often been said that the accounting profession is “recession proof”. During poor economic periods, accountants tend to experience less career disturbances than other professions. Lastly, every business needs an accountant! This allows accountants the opportunity to break into any industry or company that they desire. Many professionals begin as accountants within an organization and have incredible upward mobility (whether as accountants or not). Accountants see most aspects and operations of an organization, so this knowledge and understanding makes them excellent top-level executives.
What Fixed Asset Accountant skills would you recommend for someone trying to advance their career?
Amir Moeini Chaghervand PhD, CMA: In the next 3-5 years, I believe skills related to data analytics, technology proficiency, and communication will become more important in the accounting field. As technology advances, accountants will need to be proficient in data analysis and interpretation, as well as effective communication to convey complex financial information.
What general advice would you give to a Fixed Asset Accountant?
Dr. Barbara Farrell CPA: Pass the CPA exam before you start working. That will almost certainly earn you a bonus and put you ahead of your peers.
Get additional certifications such as Microsoft Office certifications, Certified Fraud Examiner, and Certified Internal Auditor to name a few.
Be willing to volunteer for additional assignments.
Network within the firm and join professional organizations such as AICPA, State Society of CPAs etc
What Fixed Asset Accountant skills would you recommend for someone trying to advance their career?
Amy Kass CPA, MBA: The three skills I think that will become more important and prevalent in the next three to five years in the accounting industry will include: technical skills, regulatory knowledge, and written and oral communication skills. The technical skills and the regulatory knowledge skills areas are constantly changing, so there's always something new to learn that will benefit your role in the industry.
What will help Fixed Asset Accountants increase their earning potential?
Lisa Bell MBA, CPA: Artificial Intelligence(AI) isn't changing accounting, but it is changing how accounting is performed. Organizations will need to learn how to leverage AI to decrease redundant data entry and increase data analysis. Effective use of AI can lead to significant increases in efficiencies which allow organizations to have a more competitive edge
What will help Fixed Asset Accountants increase their earning potential?
Kirsten Cook:
Ten years ago, I would've said "soft skills" like verbal and written communication. Five years ago, data analytics was all the rage. I don't believe these skills have become any less important; rather, we must continue to layer on new skills to match the changing professional environment. Today, I encourage students to be technologically agile. For example, if you learned to use Alteryx in a class, but your new employer uses PowerBI, recognize the similarities between these programs and build on your existing knowledge to master the new tool. Also, stay abreast of developments in accounting by not only reading the business press but also by connecting with experts on social media like LinkedIn.
What Fixed Asset Accountant skills would you recommend for someone trying to advance their career?
Kirsten Cook:
Ten years ago, I would've said "soft skills" like verbal and written communication. Five years ago, data analytics was all the rage. I don't believe these skills have become any less important; rather, we must continue to layer on new skills to match the changing professional environment. Today, I encourage students to be technologically agile. For example, if you learned to use Alteryx in a class, but your new employer uses PowerBI, recognize the similarities between these programs and build on your existing knowledge to master the new tool. Also, stay abreast of developments in accounting by not only reading the business press but also by connecting with experts on social media like LinkedIn.
What general advice would you give to a Fixed Asset Accountant?
Ms. Leah Parker-Roth 15, CPA: One common criticism of accounting is the long hours and the demanding 'busy season.' However, based on my own experience working in public accounting, although there were long hours, I had the opportunity to work with various clients and was able to learn many skills, including sales tax, payroll preparation, financial statement preparation, bookkeeping, and tax return preparation.
What general advice would you give to a Fixed Asset Accountant?
Abbie Daly PhD, CPA: Accounting is often referred to as the "language of business" because accountants communicate financial information. So communication is an integral part of an accountant's day. For example, auditors and tax preparers meet with their clients to understand their financial information, and accountants at organizations prepare and communicate financial information to guide strategic decisions. To facilitate these communications, accountants analyze and interpret many data points. For example, in auditing the revenue recognized by a company, an auditor would examine the underlying transactions, contracts, and supporting documentation.
What Fixed Asset Accountant skills would you recommend for someone trying to advance their career?
Abbie Daly PhD, CPA: There are so many career options for those with an accounting degree, that there is something for everyone to like. Further, accountants are consistently in demand, so accountants enjoy job security and good income. Accounting is often stereotyped as being a dull profession, but that couldn't be further from the truth. Accountants work in different industries and have different specializations so that it is an incredibly interesting career. Every organization needs an accountant, so someone with an accounting degree could be an accountant for a professional sports franchise or investigate business crimes as a forensic accountant for the FBI. Further, accounting is a noble career path for anyone wanting a career with purpose - ensuring that financial information is communicated with integrity supports a prosperous society.
Tony Viertel
Accounting Dept. CoordinatorSkyline College
Accounting And Related Services
What general advice would you give to a Fixed Asset Accountant?
Tony Viertel: This answer to this question depends on if an account is
working in public accounting or private industry. Public accountants perform the following
tasks:
a. Client communication: Public accountants frequently communicate with clients,
either in person, via phone calls, or through email. They discuss financial
matters, provide project updates, address client concerns, and gather necessary
information to complete tasks.
b. Auditing: For clients requiring audit services, public accountants conduct audits
to verify the accuracy and completeness of financial records. This involves
examining documents, conducting interviews, testing internal controls, and
assessing compliance with relevant regulations and accounting standards.
c. Tax preparation and planning: Public accountants assist clients with tax planning
strategies to minimize tax liabilities while ensuring compliance with tax laws and
regulations. They prepare and file tax returns for individuals, businesses, and
organizations.
d. Consulting Services: Public accountants offer consulting services to clients
seeking advice on various financial matters, such as budgeting, forecasting,
mergers and acquisitions, risk management, and internal controls improvement.
Accountants in private industry perform the following tasks:
a. Financial reporting: Private industry accountants are responsible for preparing
financial statements such as balance sheets, income statements, and cash flow
statements. These reports provide a snapshot of the company's financial health
and performance over a specific period.
b. Budgeting and forecasting: Accountants collaborate with management to develop
annual budgets and forecasts for revenue, expenses, and cash flow. They
monitor actual performance against budgeted figures, analyze variances, and
recommend adjustments to achieve financial goals.
c. Cost accounting: Accountants in private industry analyze the costs associated
with producing goods or services. They calculate product costs, track inventory
levels, and identify opportunities to reduce costs and improve efficiency.
d. Internal controls: Accountants design, implement, and monitor internal control
procedures to safeguard company assets, prevent fraud, and ensure compliance
with regulations and company policies. They may conduct internal audits to
assess control measures' effectiveness and identify improvement areas.
Liang Fu Ph.D.
Associate Professor of Accounting, ChairOakland University
Finance And Financial Management Services
What will help Fixed Asset Accountants increase their earning potential?
Liang Fu Ph.D.: Dislike: accounting is not for everyone, degree requirements/licensing requirements can be challenging. And sometimes, long work hours are required.
Thomas Kozloski PhD, CPA, CGMA
Chair - Department of AccountingUniversity of Missouri - St Louis
Accounting And Related Services
What general advice would you give to a Fixed Asset Accountant?
Thomas Kozloski PhD, CPA, CGMA: This is an excellent time to enter the accounting profession! Not only because technology continues to remove some of the more mechanical tasks that used to be performed by a person, but also because there is an extreme shortage of accounting-educated personnel across the country, especially those seeking to enter the profession. This fact is increasing salaries and benefits as hiring companies compete to hire new professionals.
What Fixed Asset Accountant skills would you recommend for someone trying to advance their career?
Ermira Mazziotta MBA, CPA, CFE: Understand and know how to utilize technology. Learn as much as possible.
What will help Fixed Asset Accountants increase their earning potential?
Ermira Mazziotta MBA, CPA, CFE: Accounting students are in a very good position to land well paying jobs because of the demand. Most important advice I would give is to continue to learn and grow and invest in your professional growth by taking classes, working on different clients from different industries and most importantly network. If you have an option to work in the office, do that instead of working remotely. Making those face to face connections will help propel and grow your career.
What general advice would you give to a Fixed Asset Accountant?
Ermira Mazziotta: Understand and know how to utilize technology. Learn as much as possible.
Dr. Mohamed Abualhaija
Associate Professor of AccountingEastern Oregon University
Business/Commerce
What general advice would you give to a Fixed Asset Accountant?
Dr. Mohamed Abualhaija: In the corporate world, soft skills are critical, particularly for those starting careers in accounting, business, or similar fields. These skills help people deal with diverse situations at work and communicate with others more effectively. Communication, teamwork, problem-solving, leadership, flexibility, and emotional intelligence are all examples of essential soft skills.
What Fixed Asset Accountant skills would you recommend for someone trying to advance their career?
Dr. Mohamed Abualhaija: Accounting students and graduates possess competencies that make them highly effective and trainable in related roles. Their attention to detail and analytical skills allow them to address challenges holistically and examine the wider influence on multiple components. They also have a comprehensive knowledge of various software and technologies, which makes it easier for them to adjust to changes in the workplace and advancements in technology. Moreover, accounting graduates and students demonstrate their practical knowledge and problem-solving skills by applying academic concepts to real-world scenarios. Employers can immensely profit from their capacity to handle challenges and thrive on difficult tasks. They have a unique combination of soft skills and technical knowledge that make them especially prepared for success in different business and commerce sittings.
Eric Allen
Assistant ProfessorUniversity of California, Riverside
Accounting And Related Services
What general advice would you give to a Fixed Asset Accountant?
Eric Allen: I'm not going to lie, busy seasons can be rough. There will be certain times of the year where you just have to put your head down and put in long hours. That can be tough for a lot of people. But if you can handle that, it's a great profession. You constantly have the opportunity to learn new things and interact with all kinds of individuals and companies. The skills you learn are also highly transferable, and every industry you can think of needs an accountant or someone with accounting skills. I personally got to work in the entertainment and sports industries before going into academia which was a lot of fun and a direct result of my accounting background. Basically, if you want to eventually do anything business related, the skills you learn as an accountant can open a lot of doors.
Jaclyn Barkow
Clinical Assistant Professor of AccountingIndiana University Northwest
Accounting Department
What experience really stands out on Fixed Asset Accountant resumes?
Jaclyn Barkow: From employers I have spoken with in the past, the experience that stands out is having some type of internship. While it does not have to be in the precise area of the employer's industry, my observations have been that employers like to see that they have some type of hands-on experience. In addition, employers also speak highly of being involved on campus, in various clubs, and positive community involvement.