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Accountant salary

Quoted Experts
Alyson Ma Ph.D.,
Alyson Ma Ph.D.

Average accountant salary

$54,890

$26.39 hourly rate

Entry-level accountant salary
$41,000 yearly salary
Updated June 25, 2024

How much does an accountant make?

The average accountant salary in the United States is $54,890. Accountant salaries typically range between $41,000 and $72,000 yearly. The average hourly rate for accountants is $26.39 per hour.

Accountant salary is impacted by location, education, and experience. Accountants earn the highest average salary in New York.

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Where can an Accountant earn more?

Compare salary by location
Vs
96k
76k
56k
36k
16k
Ashburn, VA$71,991
Las Vegas, NV$46,453
Compare salary by company
Vs
129k
109k
89k
69k
49k
Meta$100,015
FUJIFILM Diosynth Biotechnologies$78,550

Accountant

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 LevelAvg. SalaryHourly Rate
Entry-level accountant$36,300$17.44
Mid-level accountant$52,200$25.12
Senior-level accountant$88,400$42.49

Accountant salary estimates from across the web

Based on the latest salary information compiled by Zippia, Salary.com, Indeed, Glassdoor, Ziprecruiter, SalaryExpert, Comparably and Payscale, the average salary for an accountant typically falls between $54,890 and $85,649.
zippia
$54,890yearly
glassdoor[1]
$73,326yearly
indeed[2]
$62,711yearly
comparably[3]
$54,898yearly
Salary.com[4]
$56,270yearly
ZipRecruiter[5]
$68,326yearly
payscale[6]
$56,989yearly
SalaryExpert[7]
$85,649yearly

Average accountant salary by state

The highest-paying states for accountants are New York, New Jersey, and Massachusetts. The lowest average accountant salary states are Arkansas, Louisiana, and Wyoming.

  • State View
  • County View
Average Salary:

Highest paying states for accountants

RankStateAvg. SalaryHourly Rate
1District of Columbia$71,993$34.61
2New York$68,366$32.87
3Connecticut$62,386$29.99
4Delaware$59,242$28.48
5Massachusetts$62,743$30.16
6Rhode Island$60,990$29.32
7New Jersey$67,833$32.61
8Virginia$60,099$28.89
9Pennsylvania$54,607$26.25
10Maryland$58,489$28.12
11Washington$56,929$27.37
12Colorado$52,649$25.31
13Oregon$52,823$25.40
14California$55,339$26.61
15New Hampshire$54,960$26.42
16Michigan$51,209$24.62
17Minnesota$50,767$24.41
18Texas$49,856$23.97
19Illinois$50,229$24.15
20North Carolina$51,783$24.90
21Wisconsin$49,883$23.98
22Ohio$49,196$23.65
23Vermont$52,073$25.04
24Alaska$55,612$26.74
25Georgia$49,935$24.01
26Iowa$46,149$22.19
27Nevada$46,895$22.55
28Maine$50,399$24.23
29Tennessee$44,616$21.45
30Indiana$47,841$23.00
31Utah$45,148$21.71
32South Dakota$46,027$22.13
33Nebraska$44,642$21.46
34Kentucky$45,426$21.84
35Oklahoma$45,280$21.77
36Missouri$44,893$21.58
37Arizona$47,972$23.06
38New Mexico$45,154$21.71
39Florida$45,139$21.70
40Montana$43,390$20.86
41Idaho$45,231$21.75
42Alabama$44,027$21.17
43South Carolina$45,123$21.69
44Hawaii$38,954$18.73
45Kansas$44,835$21.56
46West Virginia$43,817$21.07
47Wyoming$42,614$20.49
48Arkansas$42,844$20.60
49Louisiana$42,765$20.56
50Mississippi$40,889$19.66
51North Dakota$39,626$19.05

Highest paying cities for accountants

The highest-paying cities for accountants are Washington, DC, New York, NY, and Fort Lee, NJ.

RankCityAvg. SalaryHourly Rate
1Washington, DC$71,991$34.61
2New York, NY$68,492$32.93
3Fort Lee, NJ$67,932$32.66
4Boston, MA$62,769$30.18
5Arlington, VA$61,511$29.57
6San Francisco, CA$58,980$28.36
7Baltimore, MD$58,761$28.25
8Seattle, WA$57,336$27.57
9Philadelphia, PA$55,064$26.47
10Denver, CO$52,610$25.29
11Washington, MI$52,023$25.01
12Duluth, MN$51,899$24.95
13Charlotte, NC$50,764$24.41
14Chicago, IL$50,446$24.25
15Duluth, GA$50,014$24.05
16Austin, TX$49,884$23.98
17Columbus, OH$48,446$23.29
18Phoenix, AZ$48,134$23.14
19Indianapolis, IN$47,721$22.94
20Las Vegas, NV$46,453$22.33

Accountants are the most in-demand in these five cities:

  1. Washington, DC
  2. New York, NY
  3. Fort Lee, NJ
  4. Boston, MA
  5. Arlington, VA

Accountant salary details

An accountant's salary ranges from $41,000 a year at the 10th percentile to $72,000 at the 90th percentile.

Average Accountant Salary Graph
Average Accountant Salary Graph, Trends, and Summary

What is an accountant's salary?

PercentileAnnual SalaryMonthly SalaryHourly 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

Highest paying accountant jobs

The highest paying types of accountants are senior tax accountant, certified public accountant, and senior accountant analyst.

Job TitleAnnual SalaryMonthly SalaryHourly RateJob Openings
Accountant And Office Manager$51,217$4,268$24.62107,701
Certified Public Accountant$76,693$6,391$36.8778,792
Finance Analyst/Accountant$62,975$5,248$30.28118,043
General Ledger Accountant$60,034$5,003$28.8681,408
Fixed Asset Accountant$59,691$4,974$28.7042,860
Accountant/Consultant$64,298$5,358$30.9138,916

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

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.

Top companies hiring accountants now:

  1. Google Jobs (201)
  2. Ernst & Young Jobs (120)
  3. JPMorgan Chase & Co. Jobs (68)
  4. IBM Jobs (73)
  5. Citi Jobs (66)

Which companies pay accountants the most?

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.

RankCompanyAverage SalaryHourly Rate
1Meta$100,015$48.08
2PayPal$99,145$47.67
3The Carlyle Group$96,880$46.58
4Apple$96,163$46.23
5Google$91,469$43.98
6Jordan Company$91,459$43.97
7Microsoft$90,104$43.32
8Cisco$89,933$43.24
9Oracle$84,756$40.75
10Pacific Investment Management Company LLC$83,766$40.27
11Adobe$83,384$40.09
12McKinsey & Company Inc$82,880$39.85
13Ernst & Young$82,205$39.52
14PBF Energy$82,166$39.50
15Atlassian$81,373$39.12
16Novartis$79,911$38.42
17American Century Investments$79,738$38.34
18Nabors Holding Company$79,544$38.24
19JPMorgan Chase & Co.$78,973$37.97
20FUJIFILM Diosynth Biotechnologies$78,550$37.76

Wage gap by gender, race and education

$55,000$54,400$53,800$53,200$52,600$52,000
MaleFemale

Accountant salary by industry

The average accountant salary varies across industries:

  • The average accountant salary in the technology industry is $60,365, the highest of any industry.
  • The average accountant salary in the finance industry is $59,666.
  • Accountants in the government industry earn an average salary of $55,133, the lowest of any industry.

Highest paying industries for accountants

RankIndustryAverage SalaryHourly Rate
1Technology$60,365$29.02
2Finance$59,666$28.69
3Manufacturing$58,822$28.28
4Professional$58,017$27.89
5Health Care$56,686$27.25
6Hospitality$56,335$27.08
7Government$55,133$26.51

High Paying Accountant Jobs

Accountant salary trends

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.

Average accountant salary over time

Compare accountant salaries for individual cities or states with the national average.

    Accountant salary by year

    YearAvg. SalaryHourly 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%

    Recently added accountant salaries

    CompanyJobLocationDate AddedSalary
    Faith CorporationAccountant12/01/2023$34,882
    Accu Reference Medical Laboratory LLCAccountantLinden, NJ11/03/2023$70,000
    Spring Glory International Inc.AccountantNew York, NY10/03/2023$66,310
    Kaiser Biotech, Inc.AccountantUrbana, IL10/03/2023$60,000
    Google LLCAccountantSunnyvale, CA10/02/2023$122,000
    JTX Market 2 LLCAccountantSan Antonio, TX10/02/2023$53,000
    Kamjoo & Associates APCAccountantLos Angeles, CA10/02/2023$70,958
    Google LLCAccountantChicago, IL10/01/2023$161,000
    Modu Management Group Inc.AccountantVernon, CA09/03/2023$54,888
    Jingu North America CorporationAccoutantAtlanta, GA09/03/2023$67,000

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