What is the Average Salary for an Accountant?

No matter what the economy is like, the job outlook for accountants is good. Not only are accountant jobs extremely stable, but you’ll also be able to make a lot of money in this field, depending on factors such as location and employer. Let’s take a look at just how much money you can expect to make in this field.

Base Salary as an Accountant

Although there are tons of factors that can affect the salary you earn, the average salary for accounts is $68,960 or, for part time workers, $33.15 per hour. Most accountants make between $47,990 and $81,290 annually, according to the Bureau of Labor Statistics, but a sex-figure salary is definitely possible. the top ten percent of accountants make an average of $106,880 annually.

Accountant Salary by Location

Location is one of the factors that affects salaries most in any industry. Where are accountants in high demand? In most cases, this is where you’ll earn the most. According to reports, the states where you can expect to make the most:

  • New York: $85,230
  • District of Columbia: $84,390
  • New Jersey: $79,620
  • Maryland: $75,870
  • Massachusetts: $75,030

More specifically, you can earn more if you work in a major city than if you work in a more rural area. Some of the top paying metropolitan areas for accountants are as follows:

  • New York-White Plains-Wayne, NY-NJ: $89,220
  • San Jose-Sunnyvale-Santa Clara, CA: $88,750
  • Nassau-Suffolk, NY: $87,000
  • Newark-Union, NJ-PA: $84,600
  • San Francisco-San Mateo-Redwood City, CA: $84,590
  • Haverhill-North Andover-Amesbury, MA-NH: $82,420
  • Washington-Arlington-Alexandria, DC-VA: $82,360
  • Bethesda-Frederick-Gaithersburg, MD: $80,850
  • Oakland-Fremont-Hayward, CA: $80,160
  • Edison-New Brunswick, NJ: $79,420

Looking for a high-paying job in a more rural area? Some of the top locations in the country, in terms of pay, include East- Central New York, Southwest Massachusetts, North Idaho, and North Central Colorado; in all of these locations, you can expect to earn an average of $75,000 or more!

Earning a Degree to Make More Money

Undoubtedly, one of the fastest ways to make more money as an accountant is to earn your master’s degree. you can get started in this field with just a bachelor’s degree in accounting, but by earning a master’s degree, your starting salary will be much higher and you’ll qualify for more jobs. In most areas, you need a master’s degree to qualify for the CPA exam, and being certified in the accounting field definitely allows you to make more money.

Sponsored Degrees for Accounting and Finance

Kaplan University MS – Accounting BS – Accounting BS – Account Auditing BS – Tax Accounting BS – Non-Profit Accounting BS – Managerial Accountancy Kaplan University – Kaplan University, a world-renowned provider in quality online education, offers many convenient and modern accounting degrees. Their accredited MS in Accounting, BS in Accounting, BS in Account Auditing, BS in Tax Accounting, BS in Non-profit Accounting, and BS in Managerial Accounting degree programs are affordable and can help you quickly advance your career in accounting.
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American Intercontinental University MBA – Accounting MBA Accounting/Finance (PT) BBA – Accounting & Finance American Intercontinental University – American Intercontinental University’s accredited online degree plans offer the latest in Accounting degrees. Their MBA in Accounting, MBA in Accounting and Finance, and their BBA in Accounting and Finance degree programs offer convenient schedules that allow you to complete the degree at your own pace.
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Ashford University BA in Accounting BA in Finance BA in Consumer and Family Financial Services Master of Accountancy Ashford University – Ashford University’s inexpensive online programs offer the latest in Accounting degree plans. Their BA in Accounting, BA in Business Admin Accounting, BA in Finance, and BA in Org Mgmt Accounting, BA in Consumer and Family Financial Services programs are fast-paced, so you can quickly earn your degree and achieve your goals. Ashford University is accredited by WASC Senior College and University Commission (WSCUC), 985 Atlantic Avenue, Suite 100, Alameda, CA 94501, 510.748.9001, www.wascsenior.org.
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Walden University PhD Mgmt – Accounting MS – Accounting Management MS – Accounting BS – Accounting BS – Business Accounting Walden University – Walden University is a respected online university that offers various degrees in accounting. Their BS in Business Admin Accounting, BS in Accounting, MS in Accounting, MS in Accounting Management, and PhD in Accounting Management degrees offer convenient schedules that allow you to quickly achieve your goals.
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