Accountant earnings by seniority

Approximate values based on highest and lowest earning segments.

Accountant salary by state

State Name Average Salary
Georgia $57,513
Ohio $61,208
Colorado $57,025
Maryland $54,522
Michigan $56,174
Washington $58,808
Massachusetts $53,460
New Jersey $56,671
Virginia $55,474
Arizona $46,404
North Carolina $48,056
Illinois $59,919
California $48,484
Florida $45,046
New York $48,968
Texas $51,247
Oregon $50,000
Wisconsin $48,000
Tennessee $43,500
Pennsylvania $46,000
Utah $47,000
Missouri $41,000
Minnesota $40,000

How much does an Accountant earn?

A certified public accountant career is one of the most well paid in the United States. In 2015 the CPA profession is also predicted to continue to grow and is a great opportunity for someone entering the job market. Students who earn their CPA license can expect a median salary of $73,800, with top salaries around $124,000.

Starting salaries will vary based on an individuals education and experience. Entry-level accountants at large accounting firms earn between $50,000 and $55,000, while those at mid-sized firms earn between $47,000 and $51,000. The smallest firms generally offered salaries of less than $40,000. An accountant who starts out at $50,000 a year will earn, on average, $52,000 with one year of experience and $65,000 after three years. Accountants at large firms who move into supervisory and management positions earn $80,000 or more, with some salaries exceeding $100,000.

Accountant Compensation by Geographical Region

Accountant salaries vary across the country. BLS reports that the New York City area offered accountants the highest salaries, and Washington D.C., Boston, and Philadelphia also had above-average salaries. At the other end of the scale, the average mean wage for accountants in Tallahassee, Florida, was $51,850 and in Jefferson City, Missouri, was $49,200.

Accountant salaries can vary depending on which sector the accountant works for. Accountants in the financial and technical sectors are paid the highest salaries: $76,310 for investment funds and $74,860 for technical consulting services. Accountants working for state and local governments have average salaries of less than $60,000.

How do accountant salaries compare to similar careers?

Accountants earn about the same as related careers in the United States. On average, they make less than tax preparers but more than credit analysts.

Career Median Salary
Tax preparer salary $32K
Operations research analyst salary $54K
Financial advisor salary $50K
Auditor salary $51K
Cost estimator salary $47K
Accountant salary $48K
Fraud analyst salary $45K
Credit counselor salary $45K
Revenue agent salary $40K
Credit analyst salary $46K

Source: CareerExplorer (Aggregated)