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Salary Outlook

According to the BLS, the median annual salary for an accountant was $63,550 in 2012, or $30.55 per hour. The best-paid 10 percent earned roughly $111,510, while the lowest-paid made approximately $39,930. The best-compensated in the field work within the federal executive branch and for securities and commodity exchanges, and the highest-paid accountants work in the metropolitan areas of New York City, Ocean City, N.J., and Newark, N.J.

Job Salary Year
2004 $55,930.00
2006 $60,250.00
2008 $66,170.00
2010 $68,960.00
2012 $71,040.00

Average Accountant Pay vs. All Business Jobs

Accountants earned an average salary of $71,040 in 2012, which is higher than the average salary of bookkeeping, accounting and audit clerks ($36,640). Other professions in the fields of finance and marketing offer higher compensation, including financial analyst ($89,410), financial advisor ($90,820), financial manager ($123,260) and marketing manager ($129,870).

Job Name Salary
Marketing Manager $119,480.00
Financial Manager $109,740.00
Financial Analyst $76,950.00
Financial Advisor $67,520.00
Accountant $63,550.00
Bookkeeping, Accounting and Audit Clerk $35,170.00

Best Paying Cities for Accountants

The highest paid in the accountant profession work in the metropolitan areas of New York City, Ocean City, N.J., and Newark, N.J. The San Jose, Calif. area also pays well, as does the city of San Francisco.

New York City

Average Salary: $91,240 | See Job Openings

The annual median wage of an accountant working in New York City is $91,240, which is $27,690 more than the average pay in the profession.

Ocean City, N.J.

Average Salary: $87,740 | See Job Openings

The annual median wage of an accountant working in Ocean City, N.J. is $87,740, which is $24,190 more than the average pay in the profession.

Newark, N.J.

Average Salary: $86,270 | See Job Openings

The annual median wage of an accountant working in Newark, N.J. is $86,270, which is $22,720 more than the average pay in the profession.

San Jose, Calif.

Average Salary: $86,020 | See Job Openings

The annual median wage of an accountant working in San Jose, Calif. is $86,020, which is $22,470 more than the average pay in the profession.

San Francisco

Average Salary: $85,760 | See Job Openings

The annual median wage of an accountant working in San Francisco is $85,760, which is $22,210 more than the average pay in the profession.

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Last updated by Evan Taylor.


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