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Project accountant salary

Quoted expert
Alyson Ma Ph.D.

Average project accountant salary

$60,467

$29.07 hourly rate

Entry-level project accountant salary
$46,000 yearly salary
Updated January 8, 2025

Average Project Accountant Salary

The average salary for a Project Accountant in the United States is approximately $60,467 annually, which equates to about $29 per hour. However, this figure can fluctuate based on various factors including experience, education, and geographic location. For new entrants, salaries typically start lower, while seasoned professionals can see significantly increased earnings.

How Experience Affects Salary

Entry-level Project Accountants may earn around $45,000 annually, while those with over ten years of experience can command salaries exceeding $75,000. This progression highlights the value of gaining experience and specialized skills.

Regional Salary Variances

Project Accountant salaries vary by state. States like California and New York often offer higher salaries due to increased demand and cost of living. In contrast, states with a lower cost of living may provide more modest compensation.

Opportunities for Advancement

For those looking to maximize their earning potential, pursuing certifications such as CPA or CMA can enhance job prospects and lead to higher salaries. Understanding the specific demands of the industry can also provide a competitive edge.

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Where can a Project Accountant earn more?

Compare salary by location
Vs
84k
64k
44k
24k
Columbus, OH$73,941
Saint Louis, MO$54,461
Compare salary by company
Vs
96k
76k
56k
36k
Perficient$70,010
HDR$65,688

Project accountant salaries by experience level

Experience levelAvg. salaryHourly rate
Entry-level project accountant$40,000$19.21
Mid-level project accountant$57,600$27.67
Senior-level project accountant$97,400$46.81

Project accountant salary estimates from across the web

Based on the latest salary information compiled by Zippia, Salary.com, Indeed, Ziprecruiter, Comparably and Payscale, the average salary for a project accountant typically falls between $60,467 and $101,926.
zippia
$60,467yearly
indeed[1]
$71,304yearly
comparably[2]
$101,926yearly
Salary.com[3]
$76,814yearly
ZipRecruiter[4]
$71,914yearly
payscale[5]
$63,997yearly

Average project accountant salary by state

The highest-paying states for project accountants are New Jersey, New York, and California. The lowest average project accountant salary states are Maine, Iowa, and Mississippi.

  • State view
  • County view
Average salary:

Highest paying states for project accountants

RankStateAvg. salaryHourly rate
1District of Columbia$73,907$35.53
2Louisiana$61,521$29.58
3New York$67,321$32.37
4New Jersey$70,398$33.85
5Wisconsin$56,251$27.04
6Michigan$55,844$26.85
7Nevada$56,688$27.25
8North Carolina$65,166$31.33
9Pennsylvania$60,151$28.92
10Connecticut$62,102$29.86
11California$66,930$32.18
12Kentucky$56,926$27.37
13Georgia$60,786$29.22
14Virginia$63,989$30.76
15Ohio$53,630$25.78
16Illinois$59,537$28.62
17Texas$58,850$28.29
18Rhode Island$59,575$28.64
19Oregon$61,147$29.40
20Massachusetts$60,389$29.03
21Missouri$54,117$26.02
22South Carolina$55,477$26.67
23Delaware$59,436$28.57
24Colorado$59,120$28.42
25Alabama$53,272$25.61
26Oklahoma$53,772$25.85
27Minnesota$52,804$25.39
28West Virginia$52,484$25.23
29Alaska$60,379$29.03
30Utah$55,688$26.77
31Arkansas$52,137$25.07
32Tennessee$51,518$24.77
33Washington$58,930$28.33
34Arizona$55,339$26.61
35Florida$56,293$27.06
36Wyoming$49,012$23.56
37New Hampshire$51,281$24.65
38Vermont$50,892$24.47
39New Mexico$49,716$23.90
40Indiana$49,910$24.00
41Nebraska$49,269$23.69
42Kansas$49,081$23.60
43Hawaii$52,423$25.20
44Iowa$47,387$22.78
45Maryland$52,552$25.27
46South Dakota$48,485$23.31
47Maine$47,629$22.90
48Idaho$46,105$22.17
49Mississippi$47,073$22.63
50North Dakota$44,704$21.49
51Montana$45,524$21.89

Highest paying cities for project accountants

The highest-paying cities for project accountants are Washington, DC, San Francisco, CA, and New York, NY.

RankCityAvg. salaryHourly rate
1Washington, DC$73,941$35.55
2San Francisco, CA$69,773$33.54
3New York, NY$67,573$32.49
4Raleigh, NC$65,820$31.64
5Arlington, VA$64,516$31.02
6New Orleans, LA$61,658$29.64
7Portland, OR$60,779$29.22
8Atlanta, GA$60,685$29.18
9Philadelphia, PA$60,556$29.11
10Boston, MA$60,307$28.99
11Vancouver, WA$59,920$28.81
12Chicago, IL$59,708$28.71
13Colorado Springs, CO$59,564$28.64
14San Antonio, TX$59,322$28.52
15Miami, FL$56,565$27.19
16Las Vegas, NV$56,463$27.15
17Milwaukee, WI$56,420$27.13
18Detroit, MI$56,050$26.95
19Phoenix, AZ$55,398$26.63
20Saint Louis, MO$54,461$26.18

Project accountant salary details

A project accountant's salary ranges from $46,000 a year at the 10th percentile to $79,000 at the 90th percentile.

Average project accountant salary graph
Average project accountant salary graph, trends, and summary

What is a project accountant's salary?

PercentileAnnual salaryMonthly salaryHourly rate
90th Percentile$79,000$6,583$38
75th Percentile$69,000$5,750$33
Average$60,467$5,039$29
25th Percentile$52,000$4,333$25
10th Percentile$46,000$3,833$22

Highest paying project accountant jobs

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

Job titleAnnual salaryMonthly salaryHourly rateJob openings
Accounting Analyst$58,399$4,867$28.0881,097
Accountant/Consultant$64,298$5,358$30.9138,916
Accountant Internship$33,484$2,790$16.1082,924
Finance Analyst/Accountant$62,975$5,248$30.28118,043
Certified Public Accountant$76,693$6,391$36.8778,792
General Ledger Accountant$60,034$5,003$28.8681,408

How would you rate the starting salaries for project 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 project accountants now:

  1. Turner Construction jobs (88)
  2. AECOM jobs (46)
  3. Gensler jobs (25)
  4. Black & Veatch jobs (31)
  5. NCBA CLUSA jobs (12)

Which companies pay project accountants the most?

Project accountant salaries at Perficient and CDM Smith are the highest-paying according to our most recent salary estimates. In addition, the average project accountant salary at companies like TechnipFMC and Donohue & Associates are highly competitive.

RankCompanyAverage salaryHourly rate
1Perficient$70,010$33.66
2CDM Smith$68,963$33.16
3TechnipFMC$68,957$33.15
4Donohue & Associates$68,878$33.11
5Cp&y, Inc.$68,609$32.99
6Sherpa$68,087$32.73
7TranSystems$67,971$32.68
8West Yost Associates$67,758$32.58
9Merrick & Co$67,611$32.51
10Clear Channel Airport$67,079$32.25
11Powers & Sons Construction Company, Inc.$66,973$32.20
12POWER Engineers$66,951$32.19
13Trc Engineering$66,862$32.15
14Farnsworth Group$66,575$32.01
15Moss & Associates$66,479$31.96
16Fugro$66,362$31.90
17Huitt-Zollars$66,070$31.76
18Jacobs Engineering Group$66,019$31.74
19Wsp USA Buildings Inc.$65,832$31.65
20HDR$65,688$31.58

Wage gap by gender, race and education

$61,000$60,200$59,400$58,600$57,800$57,000
MaleFemale

Project Accountant salary by industry

The average project accountant salary varies across industries:

  • The average project accountant salary in the professional industry is $64,110, the highest of any industry.
  • The average project accountant salary in the finance industry is $63,167.
  • Project accountants in the government industry earn an average salary of $59,227, the lowest of any industry.

Highest paying industries for project accountants

RankIndustryAverage salaryHourly rate
1Professional$64,110$30.82
2Energy$63,167$30.37
3Technology$62,964$30.27
4Manufacturing$62,307$29.96
5Construction$61,864$29.74
6Government$59,227$28.47

High paying project accountant jobs

Project accountant salary trends

The average project accountant salary has risen by $8,804 over the last ten years. In 2014, the average project accountant earned $51,663 annually, but today, they earn $60,467 a year. That works out to a 8% change in pay for project accountants over the last decade.

Compare project accountant salaries for cities or states with the national average over time.

Average project accountant salary over time

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

Project accountant salary by year

YearAvg. salaryHourly rate% Change
2025$60,500$29.07+2.7%
2024$58,800$28.28+1.5%
2023$58,000$27.86+1.6%
2022$57,000$27.41+1.7%
2021$56,000$26.93+1.4%

Recently added project accountant salaries

CompanyJobLocationDate addedSalary
GenslerProject AccountantDenver, CO06/30/2025$75,000
GenslerProject AccountantPhoenix, AZ06/30/2025$75,000
Skookum Contract ServicesProject AccountantBremerton, WA06/30/2025$80,200
Billings Public SchoolsTitle I and Special Projects Accountant III)/Secretary III)Billings, MT06/29/2025$42,804
State of OklahomaProject Closing AccountantOklahoma City, OK06/29/2025$54,100
O2EPCM, Inc.Project Accountant IIILos Angeles, CA06/29/2025$61,000
DasstateohProject Accountant 1Enon, OH06/29/2025$59,772
Staffmark GroupProject AccountantLafayette, LA06/28/2025$60,000
Maxar Technologies Ltd.Project AccountantHerndon, VA06/27/2025$65,000
State of OhioProject Accountant 1Enon, OH06/27/2025$59,772

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