Outside of the more specialized audit and tax accountant salaries, the opportunities are still great for new accounting graduates. Perhaps most motivating is that the financial services industry has some of the highest possible salaries for more experienced accountants. In 2014, the Bureau of Labor Statistics showed that Maryland accountants had the fourth highest salaries in the nation. Read more about Arkansas, California is one of the top states to work as an accountant or auditor. Management accountant salaries are slightly higher, ranging up to $57,000. Across tax, audit, and management services, large firms are starting junior staff at $55,000 to $70,000 per year. Accountants in South Dakota can take advantage of this great business climate and earn healthy salaries. The good news for any new accountant is that compensation is similar in all the state's metropolitan areas, allowing for more flexible career options. Milwaukee-area CFOs earn upwards of $276,375. Read more about Louisiana, In Maine, your salary may start good, but your pocketbook will expand with your experience. According to a salary survey completed by Georgetown University, the average salary for an accountant with a bachelor’s degree is $63,000 per year, around $3,000 higher than degrees in other disciplines. In fact, the annual mean wage for all accountants in Delaware is higher than the national mean wage. With a projected growth rate of 12% between 2012 and 2022, Indiana is a great place for your accountancy career. If you specialize in forensic accountancy, Chicago-area salaries have reached as high as $154,400. Salaries have been on the rise, as well. The state's economy is in a great period of growth and development, so the accounting profession will see a 28 percent rate of growth between 2012 and 2022, according to state's Department of Workforce Services. Accountants represent 12 out of every 1,000 workers in Delaware, which is also much higher than in other states. In Tulsa, 4,290 provide accounting services. C-level accountants in Memphis work hard to attain their CPA credentials and position, and they take home $359,575. Internship Salary for MBA Class of 2021. What do accountants do on a daily basis? Read more about Massachusetts, Michigan is known as one of the biggest automotive manufacturing hubs in the United States. In Newark, that number climbs even higher, rising up to an average of $93,750 per year. Forensic Accounting is one of the fastest growing jobs in law enforcement. What does that mean for specific fields, and especially for new graduates? Forensics specialists are doing even better, earning between $69,355 and $108,155. As of May 2017, more than 1.2 million accountants and auditors were employed in various organizations or government agencies. For that reason, the overall demand for accountants is only about half the national average. For that reason alone, conditions in the state are likely to be favorable for accountants for a long time to come. The state's average salary is more than $10,000 larger than the national average, and even in the 10th percentile it is higher than equivalent accountants in other states. There were estimated to be 79,800 of them in 2014, and by 2024 that total is projected to balloon to 98,770. As noted in the Robert Half survey, salaries for most entry-level positions are 5 – 15% higher for those with graduate degree (e.g., Graduate Certificate or a Master’s Degree) or specialized certifications. In Oklahoma, auditors and accountants do relatively well. Chambersburg-Waynesboro’s mean annual wage tops out at $65,520, with an employment quotient of 4.94 per 1,000. as Johnstown’s is $70,880, with an employment quotient of 6.67 per 1,000. Read more about Georgia, Accountants in Hawaii enjoy a range of salaries, yet all are doing quite well. Accountants who reach the 90th percentile can expect to earn well above $100,000, but even the majority of the financial professionals in the state make above $70,000. These new accountants will earn 8 percent more than the national median salary. This makes accounting one of the fastest rising jobs in Minnesota, since these businesses need to employ accountants, auditors, and financial managers to keep things running smoothly. Read more about Kentucky, Accountants are doing better and better in Louisiana. Read more about California, People are flocking to Colorado right now, which is causing the demand for qualified accountants to sky rocket. Read on for our guide on Accounting Salaries by State. Average MBA Internship Salary: $6,778/month Class of 2019 Employment Data on our Specialty Masters Programs will be available in December, in accordance … The accounting jobs in Michigan aren’t going anywhere, either--the state boasts a projected job growth outlook of 13.6 percent through 2024. A quick look at how well its accountants are doing is an indication of great things. They also stated that the bottom 25% earned just $43,000, while the top 25% earned $95,000 per year. It will also matter where you practice. The annual mean earnings for a Virginia accountant are $84,740 and the very top earners earn $129,450 before accounting for bonuses and benefits. Top Paying Jobs You Can Get With a Master’s Degree in Accounting December 5, 2020 | Staff Writers According to the Bureau of Labor Statistics (BLS), accountants and auditors earned a median annual salary of $70,500 … There are 5,470 auditors and accountants working in Oklahoma City. Robert Half survey of accountant salaries, The Best Designations to Combine With a CPA, How to Maximize the Success of a New Accounting Firm, Everything is Accounted For: 4 Areas and Steps to Hire the Best Accountant, How to Conduct Your Accounting Job Search. The anticipated growth rate, 9 percent, may not be as stellar as some states, but that translates into 134 new accounting jobs per year. This is a figure that reflects all levels of education, from junior accountants with just a … It's not surprising that compensation is high throughout the state, with accountants in the adjacent cities of Denver and Boulder making the most. They compile, analyze and verify financial data to ensure efficiency and compliance with the law. That dwarfs national predictions that show the profession growing by only 13 percent. However, professionals at the top end of the salary ladder make significantly more than those at the bottom. Their employment averages 8.706 per 1,000 jobs, meaning their role is considered to be a vital one—businesses will hire a team of accountants to take care of their financial operations. 11.6 out of every thousand jobs in Kansas City are held by accountants, with St. Louis not far behind with 9.6 accounting jobs per thousand. Bachelor's Degree, Accounting - Salary - Get a free salary comparison based on job title, skills, experience and education. The state estimates that it will add 1,130 new accounting jobs between 2012 and 2022. The west central nonmetropolitan area’s mean annual wage is $54,070. Honolulu accountants have average salaries of $61,200, while their non-metropolitan cohorts average between $50,860 for tax preparers, and $54,440 for accountants. Trenton, the state capital, also has a high concentration of accountants, with an average of 12.41 jobs in the accounting industry per thousand. Accounting professionals in the South Coast non-metro area claim a mean annual wage of $56,420 while accountants in Eugene have a mean annual wage of $63,220. $208k. Read more about Wyoming, *Salary information from the Bureau of Labor Statistics. Read more about South Dakota, Tennessee is a southern state that's consistently listed as one of the fastest growing in the nation. Your information will *never* be shared or sold to a 3rd party. In California, for instance, an accountant’s wage numbers may be higher. Portland accountants lead the state with a mean salary of $68,700, and Lewiston trails with its accountants earning an average of $51,620/year. Across these areas, first year employees can earn $50,000 – $70,000. When it comes to mean annual wage, North Carolina’s numbers are significantly lower and higher. Read more about Indiana, Iowa accountants are doing quite well these days. In 2015, new graduates can expect to find positions ranging from $46,000 to $60,000 per year. Greensboro-High Point accountants and auditors earn a mean annual wage of $80,370. Between 2012 and 2022, the Workforce Development Cabinet projects a 10.21% growth rate. For the Providence-Warwick, RI-MA section, the mean annual wage is $80,080, with an employment quotient of 8.48 per 1,000 people. Your earnings rise even higher if you specialize in a field like forensics, which can pay up to $112,615 in Salt Lake City. Read more about Virginia, West Virginia's accounting profession is on the rise. Internal audit salaries in 2015 start at $49,000 for first year auditors in a small company and go up to $64,250 for large companies. And in order to attract all those number crunchers, California companies are likely to increase their already high salaries. Reading the data from the BLS, an accountant’s median hourly wage is $33.34; their mean hourly wage is $37.46 and annual mean wage is $77,920. Read more about Pennsylvania, Rhode Island is such a small state that its employment and mean annual wage are combined with those of parts of Connecticut and Massachusetts. The state is manufacturing computer and electronics parts, but also transportation equipment. Whether they work in the tiniest village or largest city, their specialized knowledge is necessary to businesses everywhere. In the Dutchess County-Putnam County area, the annual mean wage is noticeably higher, at $86,010. Most uniquely, accountants and auditors can make more in Alaska by working in rural rather than urban areas. San Francisco is only a fraction behind, where accounting salaries are 137% of the national average. Accountants use their findings to prepare written reports to share with clients or an organization's management. The Cleveland-Elyria area’s annual mean wage is $75,850, as its employment runs at 730, making an excellent living for this profession. Colorado CPA Salary and Job Outlook. Read more about Nevada, New Hampshire accountants are lucky enough to be among the top 25 to 30 percent in the country in terms of annual average salary. With a CPA license and many years of experience, you might even reach the CFO level. The current compensation is roughly equivalent to the national average, and accountants command high salaries both inside and outside the state's biggest cities. With your CPA license, you can rise to the level of CFO and earn anywhere from $155,000 to $275,000 before you collect a bonus. This data can provide insight on whether accounting job growth and salary potential justify … Jobs in the industry are easy to come by, since many businesses and banks call the Garden State call home. The state anticipates 14.5 percent growth for the profession in the years between 2012-2022. Intermediate Accounting; Cost Accounting; Business Law; Income Tax; Auditing; How Much Do Finance Majors Make? The University of Iowa boasts that their 2016 accounting graduates landed starting salaries averaging $55,000 and that 99% of their graduates either found employment or were enrolled in graduate school. Tax accountant salaries experienced similarly strong growth from 2014, jumping almost 4%. If you're a controller working in a large Fort Wayne financial services company, your salary might range between $122,715 and $156,330. In the Eastern New Mexico area, the annual mean wage is $60,160 an an employment ratio of almost 5 per 1,000 jobs. Depending on the type of accounting (private organization, government or non-profit), the accountant’s annual salary will differ somewhat. Small and mid-size firms also offer strong starting salaries, ranging from $45,000 to $60,000. Again, this will … To the east, Akron has 2,910 accountants and auditors. Read more about Connecticut, Delaware has fewer accountants than almost any other state, but their services are as crucial there as they are anywhere else. Accountants are sure to find lucrative positions working in the mining, manufacturing, or even entertainment industries. The northern Pennsylvania non-metro area’s mean annual wage is $60,510 with an employment ratio of 6.34 per 1,000. By the year 2024, the number accounting jobs in Massachusetts is projected to rise by nearly eight percent, adding a total of about 3,070 employment opportunities overall. Accurate, reliable salary and compensation comparisons for United … $53k. Employment numbers also range wildly, with the northeast coastal area employing the lowest number and Greensboro-High Point employing the highest number of accountants and auditors. However, that figure is across almost 1.2M employed accountants in the United States. In the twelve years leading to 2020, median starting salaries have increased steadily, from $45,000 in 2008 to $60,000 in 2020. Salary ranges can vary widely depending on the … The oil and gas industry is naturally a huge employer, but you might also work for a tech company or consult small businesses. More operational positions (such as payroll support or bookkeeping) generally have lower salaries than those listed above. Staff Accountant. Bismarck accountants and auditors earn a mean annual wage of $65,650, and an employment ratio of 10 per 1,000 jobs, contrasting with the far west North Dakota area’s mean annual wage of $65,240 and an employment ratio of 5 per 1,000 jobs. In particular, health care is a growing sector driving significant demand for accounting. Public Accounting Salaries Start Around $50,000 – $70,000. Read more about Iowa, Accountant in Kansas are making a very good living. In 2015, most first year accounting salaries grew 3 – 4% over 2014 levels, showing accountants are in strong demand. According to the Department of Labor’s Bureau of Labor Statistics, accounts make an average of $68,960 annually. We have career guides, licensing guides, education guides and much more. Credentials and specialization counts, too. In 2014, the median salary for accountants was $54,849 and the BLS reports an annual mean wage of $65,840 in 2017. Read more about New Jersey, New Mexico’s accountants and auditors earn less pay than in other areas of the country. Read more about New York. If you're in Rapid City or Sioux Falls, accountants earn an annual mean wage of up to $63,660, and even remote Eastern South Dakota accountants are earning in the high $50k range. CFOs almost always top the salary charts and their earnings are known to rise as far as $277,750 in Utah. The state's highest salaries are found around Atlanta, but any accountant who reaches the upper echelon in terms of compensation is awarded with well over six figures annually. Corporate Accounting Salaries Start Around $40,000 – $60,000. CPAs might work for PricewaterhouseCoopers or KPMG without having to endure the hustle and bustle of New York City, Boston, or Chicago. In the Norwich-New London-Westerly, CT-RI area, the mean annual wage is $70,110 and an employment quotient of 4.53 per 1,000. Accounting Salaries are Highest in California and New York. In fact, two of the Big Four accounting firms have offices in Montpelier. Read more about Missouri, Montana, home to Yellowstone and Glacier National Parks, offers one of the best job potential in the industry, especially for those entering the field in the next five years. 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