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Certified public accountants (CPAs) generally earn an average annual salary of around $100,000. To become licensed, CPAs must pass a demanding exam, demonstrating their mastery of complex technical accounting concepts. Employers typically pay more for those with a CPA license and skillset.
Discover the average accountant's salary in New York state. Learn about key pay factors, career growth opportunities, and take the first step in your financial journey.
According to February 2022 PayScale data, CPAs earn an average annual salary of $69,955. Factors influencing CPA income potential include location, industry, experience, and education level. For example, entry-level CPAs earn an average salary of $54,400, while mid-career CPAs earn an average of $71,580 annually.
In June 2024, Payscale listed $98,000 per year as the average CPA salary. Meanwhile, Payscale cited an average salary of $79,000 for professionals with only a bachelor's degree in accounting. The difference represents a 24% earnings premium.
Accountant salaries in California also increase based on bonuses and additional benefits from employers. The following tables explore the average annual salaries for accountants at five experience levels in Los Angeles, San Diego, and Sacramento.
Financial Accountant Salary and Career Outlook. Accountants and auditors earned a median salary of $79,880 per year, according to the Bureau of Labor Statistics (BLS) Finance specialists earned a slightly higher median salary.
The average accountant salary in Texas stands at $87,300, but many factors go into what a financial professional can actually earn. Find out more in this guide.
For instance, according to the Bureau of Labor Statistics, all accountants, including CPAs and CMAs, earn an average salary of over $90,000. Licensure can dramatically impact earning potential. Payscale data from September 2024 cited average base salaries of $99,000 per year for CPAs and $102,000 per year for CMAs.
These jobs usually require a bachelor's degree; some roles may also require a CPA. Budget analysts make an average salary of $66,630, according to April 2024 Payscale data.
Becoming a certified public accountant (CPA), earning a graduate degree, or acquiring professional certifications can help increase an Ohio accountant's salary. Use this guide to explore how much you can earn as an accountant in Ohio.