New York offers the highest salaries for accountants

Strong demand in this environment will also be good for accountant earnings. The median accountant in the United States earns $77,250 a year, but compensation can vary widely by location. Areas with many large businesses or high-income individuals who may have more complex tax needs tend to pay more for accounting services. At the top of this list at the state level is New York, the capital of the financial services industry, where the median accountant earns $97,640 ($88,603 in cost-of-living-adjusted earnings).

At the metropolitan level, however, New York City only ranks third on the list of highest-paying major metropolitan areas for accountants. Other places with high salaries include the Bay Area and Metro DC. In all of these locations, accountants are in high demand, with concentrations of accountants well above the national average.

The data used in this analysis comes from the US Bureau of Labor Statistics and the US Bureau of Economic Analysis. To determine the best-paying places for accountants, researchers at Smartest Dollar calculated the median annual salary for accountants, adjusted for the cost of living. In the event of a tie, the location with the highest median actual annual salary for accountants was ranked higher.

Here are the highest paying US metro areas for accountants.

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