Annual Salary, Salary Range, and Highest Paying States and Industries
Accountants
Accountants analyze financial information and prepare financial reports to determine or maintain record of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.
Table of contents
- Average salary
- Starting salary
- Salary rank
- Salary range
- Highest paying states
- Highest paying industries
Average salary
Starting salary
Entry-level Accountants with little to no experience can expect to make anywhere between $45,220 to $57,110 per year or $22 to $27 per hour. Similar to any other job, their salary will increase as they gain experience.
Salary rank
We wanted to make it easy for our readers to compare the salary of Accountants to all the other careers out there. So we created Salary Rank. We compared the salary of all careers then we gave them a rank of A, B, C, or D depending on where their average salary sit in comparison to other careers.
Salary range
Level | Hourly | Annual |
---|---|---|
Highest (Top 10%) | $62 | $128,680 |
Senior (Top 25%) | $47 | $97,530 |
Middle (Mid 50%) | $35 | $73,560 |
Junior (Bottom 25%) | $27 | $57,110 |
No experience (Bottom 10%) | $22 | $45,220 |
Highest paying states
State | Hourly | Annual |
---|---|---|
DC | $53 | $110,140 |
NY | $49 | $101,440 |
NJ | $46 | $96,260 |
MA | $43 | $88,830 |
CA | $42 | $88,130 |
VA | $42 | $87,380 |
RI | $41 | $85,980 |
CO | $41 | $85,120 |
CT | $41 | $84,860 |
MD | $40 | $83,950 |
Another simple way to increase your salary as an Accountant is to move to a higher paying state. However moving to a higher paying state like DC doesn’t guarantee that you will make more because the expenses at DC might be much higher than where you are currently living at right now.
According to BLS, the highest paid Accountants are in the states of DC, NY, NJ, MA and CA.
Highest paying industries
Salary by industry | Annual | Hourly |
---|---|---|
Computer and Peripheral Equipment Manufacturing | $112680 | $54.17 |
Federal Executive Branch | $105980 | $50.95 |
School and Employee Bus Transportation | $105060 | $50.51 |
Securities, Commodity Contracts, and Other Financial Investments and Related Activities | $102020 | $49.05 |
Other Information Services | $99810 | $47.99 |
Monetary Authorities-Central Bank | $97590 | $46.92 |
Local Messengers and Local Delivery | $96610 | $46.45 |
Pipeline Transportation of Crude Oil | $94880 | $45.62 |
Inland Water Transportation | $94330 | $45.35 |
Software Publishers | $93670 | $45.03 |
Semiconductor and Other Electronic Component Manufacturing | $93500 | $44.95 |
Oil and Gas Extraction | $92530 | $44.49 |
Cable and Other Subscription Programming | $92020 | $44.24 |
Scientific Research and Development Services | $90880 | $43.69 |
Natural Gas Distribution | $89890 | $43.22 |
Postal Service (Federal Government) | $89560 | $43.06 |
Computer Systems Design and Related Services | $89350 | $42.96 |
Apparel, Piece Goods, and Notions Merchant Wholesalers | $88460 | $42.53 |
Navigational, Measuring, Electromedical, and Control Instruments Manufacturing | $88320 | $42.46 |
Data Processing, Hosting, and Related Services | $87500 | $42.07 |
Audio and Video Equipment Manufacturing | $87490 | $42.06 |
Aerospace Product and Parts Manufacturing | $87450 | $42.04 |
Other Pipeline Transportation | $87180 | $41.91 |
Rail Transportation | $86760 | $41.71 |
Coating, Engraving, Heat Treating, and Allied Activities | $86660 | $41.67 |
Motion Picture and Video Industries | $86230 | $41.46 |
Pharmaceutical and Medicine Manufacturing | $86140 | $41.42 |
Other Investment Pools and Funds | $85880 | $41.29 |
Advertising, Public Relations, and Related Services | $85700 | $41.20 |
Communications Equipment Manufacturing | $85640 | $41.17 |