Clicky

According to national compensation data collected by the salary survey database,PayScale, the average salary for accountants with a Bachelor’s in Accounting is approximately $71,000.* Annual salaries for employees who hold a Bachelor’s in Accounting vary widely by location, years of experience, and job title, but most annual salaries fall somewhere in the range of $49,000 to $127,000.

Average Accounting Salaries by Location

Cost of living is one of the largest factors to determine the salary of accountants who hold a Bachelor’s in Accounting. Accountants who hold a Bachelor’s in Accounting and work in large cities tend to be compensated at higher rates than accountants who work in small towns, simply because higher salaries are necessary to meet the higher cost of living that comes with residing in an urban area. Similarly, average accounting salaries vary by state, as states that support larger populations, and usually more urban areas, tend to have higher average salaries for accountants with a Bachelor’s in Accounting than states that support smaller populations.

Salaries Ranked by Location (per State)

  • California: $67,176
  • New Jersey: $67,057
  • Texas: $63,984
  • New York: $63,896
  • Illinois: $58,787
  • Pennsylvania: $55,622
  • Ohio: $53,804

Salaries Ranked by Location (per City)

  • Washington, DC: $119,831
  • Dallas, TX: $85,000
  • New York, NY: $75,631
  • Boston, MA: $75,064
  • Chicago, IL: $65,405
  • Denver, CO: $62,857
  • Los Angeles, CA: $61,700
  • Average Accounting Salaries by Years of Experience

    Years of experience is another one of the biggest factors to determine the salary of accountants who hold a Bachelor’s in Accounting. Accountants who hold a Bachelor’s in Accounting and have worked consistently for longer periods of times tend to be compensated at higher rates than accountants who haven’t worked as consistently, simply because employers tend to award more skills and experience with higher salaries. Similarly, average accounting salaries vary widely by educational attainment, as employers tend to hire accountants with both education and experience, which is why it’s important to also consider the average salary for accountants with a Master’s degree when deciding on a degree.

    Salaries Ranked by Years of Experience

    • 20 or more years: $90,357
    • 10-19 years: $74,414
    • 5-9 years: $62,197
    • 1-4 years: $51,192
    • 1 or less years: $40,006

    Average Accounting Salaries by Job Title

    Job title is another one of the biggest factors to determine the salary of accountants who hold a Bachelor’s in Accounting. Accountants who hold a Bachelor’s in Accounting and work in a supervisory or managerial capacity tend to be compensated at higher rates than accountants hold an Associate’s in Accounting and work in a staff capacity, simply because employers tend to award those who take on job titles with leadership responsibilities and come with higher salaries. Similarly, average accounting salaries vary by level of fiduciary responsibility, as employees that are entrusted with a greater proportion of their organization’s finances tend to be awarded by their employers with higher salaries.

    Salaries Ranked by Job Title

    • Chief Financial Officer (CFO): $126,753
    • Financial Controller: $78,655
    • Accounting Manager: $67,199
    • Senior Accountant: $64,654
    • Certified Public Accountant: $62,123
    • Accountant: $49,349
    • Staff Accountant: $47,906

    Resources

    What Jobs Can I Get With a Bachelor’s in Accounting?

    The 10 Best Accounting Bachelor’s Degrees Online

    The Average Salary for Accountants with a Master’s in Accounting

    The Average Salary for Accountants with an Associate’s in Accounting

    Note

    *Salary data for employees reporting a Master’s in Accounting are more bountiful than salary data for employees reporting a Bachelor’s in Accounting. This reporting discrepancy likely explains why the average salary for employees with a Bachelor’s in Accounting appears higher than the average salary for employees with a Master’s in Accounting—there is simply a larger sample of employees who report their salaries with a Master’s degree. This is an issue with sample size, which may suggest that PayScale’s data for employees who report their salary with a Master’s in Accounting is more representative than its data for employees who report their salary with a Bachelor’s in Accounting.

    Real Time Analytics