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Accountant Salary and CPA Outlook by State

how much do accountants make

The chart below looks at projected employment for accountants over the next 10 years. CPAs specializing in tax focus on compliance with tax regulations, planning, and strategy to minimize liabilities. Mid-career tax CPAs typically earn between $85,000 and $130,000 annually, with those in high-demand sectors or metropolitan areas earning more. Expertise in international tax https://www.bookstime.com/ or mergers and acquisitions can further enhance salaries.

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how much do accountants make

Compare your job offer and compensation package with what the market pays today. Salary data is provided by Web Scribble and comes from the Department of Labor and thousands of companies’ job postings. The Best Adult Colleges and Careers Guide has compiled data for dozens of in-demand jobs. Explore our full catalog of occupation data by visiting the link below.

how much do accountants make

What is the CPA salary in the US?

The accounting profession in 2025 offers exceptional opportunities for career growth and financial success, What is bookkeeping with strong salary increases projected across all levels and specializations. The critical talent shortage has created unprecedented leverage for qualified professionals, particularly those with CPA certification and specialized skills. Starting salaries in public accounting are projected to increase an average of 8.9% in 2025, making it an ideal time to enter or advance in the accounting field. But the salary landscape varies dramatically based on certification level, specialization, location, and career path. A similar analysis of job postings provides insight into advertised hourly salary for accountants.

Accountant salary

Read on to learn more about what YOU need to know about accountant jobs and salary. Accounting represents a deep, diverse range of potential job opportunities demanding a variety of skills. How much you can make depends on many factors, including industry of employment, specific job duties, your experience, and college education earned. Certification, such as CPA or CMA, is one of the primary factors that influences earning potential for accountants. Your salary can also vary based on where you live, your years of experience, the specific company you work for, and the type of accounting you perform. Most accountants typically have a bachelor’s degree in accounting, finance, or business as well as CMA and CPA certifications.

  • The accounting profession is experiencing unprecedented growth in 2025, driven by increased regulatory requirements, digital transformation, and a critical talent shortage.
  • Top earners specialized in manufacturing and worked in New York or San Jose-Sunnyvale-Santa Clara, CA.
  • Employers tend to reward that increased knowledge and experience with higher pay.
  • Mid-career tax CPAs typically earn between $85,000 and $130,000 annually, with those in high-demand sectors or metropolitan areas earning more.
  • How much you can make depends on many factors, including industry of employment, specific job duties, your experience, and college education earned.
  • However, income can vary depending on several factors, such as experience, location, and the industry in which you work.

The accounting profession is experiencing unprecedented growth in 2025, driven by increased regulatory requirements, digital transformation, and a critical talent shortage. With 75% of current CPAs expected to retire within 15 years and 2023 marking the lowest CPA candidate numbers in over 16 years, demand for qualified accounting professionals has never been higher. If you’re thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for accountants.

  • As mentioned previously, the median salary for accountants in the United States in 2023 was $79,893.
  • Discover the educational pathway designed to maximize your career potential.
  • As an accountant or prospective accountant, you may be interested in the compensation for particular accounting roles.
  • This class is a part of the Accounting Data Analytics Specialization, allowing you to continue to earn a more substantial credential.
  • If you’re ready to take the next step in preparing for a career as an accountant, consider getting started with an online course.

An accountant oversees a company’s finances, tracking and organizing records to keep companies both cost-effective and compliant with the law. This content has been made available for informational purposes only. Learners are advised to conduct additional research to ensure that courses and other credentials pursued meet their personal, professional, and financial goals. Accounting is a broad field that is necessary for most industries to keep track of records and financial activities. Because of this variety, it might be easier to find a job and find one in an area that interests you than other occupations.

how much do accountants make

Accounting certifications are usually earned through a brief study course and certification test, once a college accounting degree is obtained. According to Robert Half, certifications can range from a few hundred dollars in cost to $40,000+ depending on the level of complication, but most certifications will prove to be worth the increase in salary. As a financial professional, it’s critical to classify accountant roles appropriately both for certification and compensation. Be certain that job descriptions, resumes, and trainings are tailored to the accounting job in question.

Peruse CPA certification requirements to learn about the education, experience, and exams you need to become a certified public accountant. The BLS enrolled agent salary also breaks down compensation for accountants by hourly salary, and the median average hourly pay for accountants in 2023 was $38. Lowest hourly earners took home $24 while the highest reported hourly salaries for accountants was $66. Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you’re one of those people, and you’re curious what kind of salary accountants make, you’ve come to the right place. Earnings at this level depend on the size and type of organization.

how much do accountants make

Employers tend to reward that increased knowledge and experience with higher pay. Find out if accounting is a good major by learning which jobs you can pursue with a degree in the subject. The salary for accountants varies across states, and a key reason for this is cost of living.

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