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Accountant salary is impacted by location, education, and experience. Accountants earn the highest average salary in New York.
An accountant with 0-2 years of experience earns an average entry-level salary of $36,271. A mid-career accountant with 3-6 years of experience makes $54,890 a year on average. A senior level accountant with 7-12 years of experience enjoys an average annual salary of $88,377.
According to Alyson Ma Ph.D., Chair and Professor at the University of San Diego's Economics Department, "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."Experience Level | Avg. Salary | Hourly Rate |
---|---|---|
Entry-level accountant | $36,300 | $17.44 |
Mid-level accountant | $52,200 | $25.12 |
Senior-level accountant | $88,400 | $42.49 |
The highest-paying states for accountants are New York, New Jersey, and Massachusetts. The lowest average accountant salary states are Arkansas, Louisiana, and Wyoming.
Rank | State | Avg. Salary | Hourly Rate |
---|---|---|---|
1 | District of Columbia | $71,993 | $34.61 |
2 | New York | $68,366 | $32.87 |
3 | Connecticut | $62,386 | $29.99 |
4 | Delaware | $59,242 | $28.48 |
5 | Massachusetts | $62,743 | $30.16 |
6 | Rhode Island | $60,990 | $29.32 |
7 | New Jersey | $67,833 | $32.61 |
8 | Virginia | $60,099 | $28.89 |
9 | Pennsylvania | $54,607 | $26.25 |
10 | Maryland | $58,489 | $28.12 |
11 | Washington | $56,929 | $27.37 |
12 | Colorado | $52,649 | $25.31 |
13 | Oregon | $52,823 | $25.40 |
14 | California | $55,339 | $26.61 |
15 | New Hampshire | $54,960 | $26.42 |
16 | Michigan | $51,209 | $24.62 |
17 | Minnesota | $50,767 | $24.41 |
18 | Texas | $49,856 | $23.97 |
19 | Illinois | $50,229 | $24.15 |
20 | North Carolina | $51,783 | $24.90 |
21 | Wisconsin | $49,883 | $23.98 |
22 | Ohio | $49,196 | $23.65 |
23 | Vermont | $52,073 | $25.04 |
24 | Alaska | $55,612 | $26.74 |
25 | Georgia | $49,935 | $24.01 |
26 | Iowa | $46,149 | $22.19 |
27 | Nevada | $46,895 | $22.55 |
28 | Maine | $50,399 | $24.23 |
29 | Tennessee | $44,616 | $21.45 |
30 | Indiana | $47,841 | $23.00 |
31 | Utah | $45,148 | $21.71 |
32 | South Dakota | $46,027 | $22.13 |
33 | Nebraska | $44,642 | $21.46 |
34 | Kentucky | $45,426 | $21.84 |
35 | Oklahoma | $45,280 | $21.77 |
36 | Missouri | $44,893 | $21.58 |
37 | Arizona | $47,972 | $23.06 |
38 | New Mexico | $45,154 | $21.71 |
39 | Florida | $45,139 | $21.70 |
40 | Montana | $43,390 | $20.86 |
41 | Idaho | $45,231 | $21.75 |
42 | Alabama | $44,027 | $21.17 |
43 | South Carolina | $45,123 | $21.69 |
44 | Hawaii | $38,954 | $18.73 |
45 | Kansas | $44,835 | $21.56 |
46 | West Virginia | $43,817 | $21.07 |
47 | Wyoming | $42,614 | $20.49 |
48 | Arkansas | $42,844 | $20.60 |
49 | Louisiana | $42,765 | $20.56 |
50 | Mississippi | $40,889 | $19.66 |
51 | North Dakota | $39,626 | $19.05 |
The highest-paying cities for accountants are Washington, DC, New York, NY, and Fort Lee, NJ.
Rank | City | Avg. Salary | Hourly Rate |
---|---|---|---|
1 | Washington, DC | $71,991 | $34.61 |
2 | New York, NY | $68,492 | $32.93 |
3 | Fort Lee, NJ | $67,932 | $32.66 |
4 | Boston, MA | $62,769 | $30.18 |
5 | Arlington, VA | $61,511 | $29.57 |
6 | San Francisco, CA | $58,980 | $28.36 |
7 | Baltimore, MD | $58,761 | $28.25 |
8 | Seattle, WA | $57,336 | $27.57 |
9 | Philadelphia, PA | $55,064 | $26.47 |
10 | Denver, CO | $52,610 | $25.29 |
11 | Washington, MI | $52,023 | $25.01 |
12 | Duluth, MN | $51,899 | $24.95 |
13 | Charlotte, NC | $50,764 | $24.41 |
14 | Chicago, IL | $50,446 | $24.25 |
15 | Duluth, GA | $50,014 | $24.05 |
16 | Austin, TX | $49,884 | $23.98 |
17 | Columbus, OH | $48,446 | $23.29 |
18 | Phoenix, AZ | $48,134 | $23.14 |
19 | Indianapolis, IN | $47,721 | $22.94 |
20 | Las Vegas, NV | $46,453 | $22.33 |
Accountants are the most in-demand in these five cities:
An accountant's salary ranges from $41,000 a year at the 10th percentile to $72,000 at the 90th percentile.
Percentile | Annual Salary | Monthly Salary | Hourly Rate |
---|---|---|---|
90th Percentile | $72,000 | $6,000 | $35 |
75th Percentile | $63,000 | $5,250 | $30 |
Average | $54,890 | $4,574 | $26 |
25th Percentile | $47,000 | $3,917 | $23 |
10th Percentile | $41,000 | $3,417 | $20 |
The highest paying types of accountants are senior tax accountant, certified public accountant, and senior accountant analyst.
Job Title | Annual Salary | Monthly Salary | Hourly Rate | Job Openings |
---|---|---|---|---|
Accountant And Office Manager | $51,217 | $4,268 | $24.62 | 107,701 |
Certified Public Accountant | $76,693 | $6,391 | $36.87 | 78,792 |
Finance Analyst/Accountant | $62,975 | $5,248 | $30.28 | 118,043 |
General Ledger Accountant | $60,034 | $5,003 | $28.86 | 81,408 |
Fixed Asset Accountant | $59,691 | $4,974 | $28.70 | 42,860 |
Accountant/Consultant | $64,298 | $5,358 | $30.91 | 38,916 |
How would you rate the starting salaries for Accountants, as well as the prospects for salary advancement?
Alyson Ma Ph.D.
Chair and Professor, University of San Diego
Top companies hiring accountants now:
Accountant salaries at Meta and PayPal are the highest-paying according to our most recent salary estimates. In addition, the average accountant salary at companies like The Carlyle Group and Apple are highly competitive.
Rank | Company | Average Salary | Hourly Rate |
---|---|---|---|
1 | Meta | $100,015 | $48.08 |
2 | PayPal | $99,145 | $47.67 |
3 | The Carlyle Group | $96,880 | $46.58 |
4 | Apple | $96,163 | $46.23 |
5 | $91,469 | $43.98 | |
6 | Jordan Company | $91,459 | $43.97 |
7 | Microsoft | $90,104 | $43.32 |
8 | Cisco | $89,933 | $43.24 |
9 | Oracle | $84,756 | $40.75 |
10 | Pacific Investment Management Company LLC | $83,766 | $40.27 |
11 | Adobe | $83,384 | $40.09 |
12 | McKinsey & Company Inc | $82,880 | $39.85 |
13 | Ernst & Young | $82,205 | $39.52 |
14 | PBF Energy | $82,166 | $39.50 |
15 | Atlassian | $81,373 | $39.12 |
16 | Novartis | $79,911 | $38.42 |
17 | American Century Investments | $79,738 | $38.34 |
18 | Nabors Holding Company | $79,544 | $38.24 |
19 | JPMorgan Chase & Co. | $78,973 | $37.97 |
20 | FUJIFILM Diosynth Biotechnologies | $78,550 | $37.76 |
The average accountant salary varies across industries:
Rank | Industry | Average Salary | Hourly Rate |
---|---|---|---|
1 | Technology | $60,365 | $29.02 |
2 | Finance | $59,666 | $28.69 |
3 | Manufacturing | $58,822 | $28.28 |
4 | Professional | $58,017 | $27.89 |
5 | Health Care | $56,686 | $27.25 |
6 | Hospitality | $56,335 | $27.08 |
7 | Government | $55,133 | $26.51 |
The average accountant salary has risen by $7,992 over the last ten years. In 2014, the average accountant earned $46,898 annually, but today, they earn $54,890 a year. That works out to a 8% change in pay for accountants over the last decade.
Compare accountant salaries for cities or states with the national average over time.
Compare accountant salaries for individual cities or states with the national average.
Year | Avg. Salary | Hourly Rate | % Change |
---|---|---|---|
2024 | $54,900 | $26.39 | +2.7% |
2023 | $53,400 | $25.67 | +1.5% |
2022 | $52,600 | $25.29 | +1.6% |
2021 | $51,700 | $24.88 | +1.7% |
2020 | $50,900 | $24.45 | +1.4% |
Company | Job | Location | Date Added | Salary |
---|---|---|---|---|
Faith Corporation | Accountant | 12/01/2023 | $34,882 | |
Accu Reference Medical Laboratory LLC | Accountant | Linden, NJ | 11/03/2023 | $70,000 |
Spring Glory International Inc. | Accountant | New York, NY | 10/03/2023 | $66,310 |
Kaiser Biotech, Inc. | Accountant | Urbana, IL | 10/03/2023 | $60,000 |
Google LLC | Accountant | Sunnyvale, CA | 10/02/2023 | $122,000 |
JTX Market 2 LLC | Accountant | San Antonio, TX | 10/02/2023 | $53,000 |
Kamjoo & Associates APC | Accountant | Los Angeles, CA | 10/02/2023 | $70,958 |
Google LLC | Accountant | Chicago, IL | 10/01/2023 | $161,000 |
Modu Management Group Inc. | Accountant | Vernon, CA | 09/03/2023 | $54,888 |
Jingu North America Corporation | Accoutant | Atlanta, GA | 09/03/2023 | $67,000 |
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