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USA provides accountants with a world-class market of opportunities, career paths, and good ROI. The career of an accountant is highly respected and comes with a well-built developmental pathway. The position is always in demand and has clear-cut competition with several highly skilled accountants coming from across the world. When considering a career pathway as an accountant, salary details are also to be considered. Know complete details about the accountant salary in USA through this blog.
Read About: Jobs in USA
This Blog Includes:
- Average Accountant Salary In USA
- Effect Of Experience Level on Average Accountant Salary In USA
- Average Accountant Salary In USA Compared To Similar Professions
- Average Accountant Salary In USA Based On Gender
- Effect Of Education Level on Average Accountant Salary In USA
- City Based Comparison Of Average Accountant Salary In USA
- Sector Based Comparison Of Average Accountant Salary In USA
- FAQs
Average Accountant Salary In USA
The average salary that an accountant makes in an annum in the USA is typically 65,900 USD. The average salary for a month along with the highest and lowest factors are given in the table below:
| Average salary per annum | 65,900 USD |
| Highest salary per annum | 103,600 USD |
| Lowest salary per annum | 32,200 USD |
| Average salary per month | 5,491 USD |
| Highest salary per month | 8,633 USD |
| Lowest salary per month | 2,683 USD |
Effect Of Experience Level on Average Accountant Salary In USA
The level of experience determines the level of knowledge and skills an employees have. Therefore, experience affects the salary drastically. This is one of the most important parameters to decide upon the salary when a person is hired in any company. For the job role of an accountant around 2 years of experience can gain you a salary package 32% higher.
Average Accountant Salary In USA Compared To Similar Professions
To understand the Average Accountant salary in USA and get a better comparison, let us compare the Accountant’s salary to other similar professions in the same industry with the help of the table given below:
| Profession | Salary |
| Accounting head | 137,100 USD |
| Accounting manager | 142,100 USD |
| Accounting officer | 49,800 USD |
| Assistant auditor | 68,200 USD |
| Assistant accounting manager | 124,500 USD |
| Business analyst | 115,600 USD |
| Bookkeeper | 44,500 USD |
| Budget manager | 142,300 USD |
| Business support analyst | 80,200 USD |
| Cashflow analyst | 99,100 USD |
| Chartered accountant | 90,900 USD |
| Chief accountant | 97,600 USD |
Average Accountant Salary In USA Based On Gender
For several years, a lot of efforts have been continuously being made to remove the gender difference at the workplace to be completely removed from society. Certain aspects like average pay, etc still show some amount of difference for men and women in the same role. In the job of an accountant, females are paid approximately 4% less than men in the USA.
The average salary based on gender is:
| Gender | Salary |
| Male | 68,900 USD |
| Female | 66,000 USD |
Effect Of Education Level on Average Accountant Salary In USA
Like experience level, education level is one of the major parameters to decide what salary you will earn. Higher education displays a higher level of work clarity and skill exhibition. The level of education is directly proportional to the salary range you are offered. An accountant with a bachelor’s degree can expect to earn 36% more salary compared to an employee with diploma level qualification, and a similar goes for master’s degree-holding employees.
| Education level | Salary |
| High school | 50,500 USD |
| Diploma or certificate | 57,800 USD |
| Bachelor’s degree | 74,900 USD |
| Master’s degree | 94,800 USD |
Read About: Scholarships for Undergraduates in The USA
City Based Comparison Of Average Accountant Salary In USA
A country can have differences in salary for the same position in different cities. To know more about the accountant salary in USA, let’s see the average salary paid in certain different cities.
Sector Based Comparison Of Average Accountant Salary In USA
The difference in the sector also makes a difference in average pay. The government or public sector is likely to provide its employees with higher salaries compared to the private sector. Public sector employees have been observed to be earning 6% of higher salary compared to the employees in the private sector.
The following is the average salary for both the sectors:
| Sector | Salary |
| Private sector | 93,100 USD |
| Public sector | 98,800 USD |
FAQs
Incentives are the pay raises offered by the employer to the employees on a yearly or half-yearly basis. The average incentive an accountant can expect in the USA is 9% every 12 months. The pay raise can differ from the average as it is performance-based.
The job of an accountant in the USA is not a high bonus-based job as the bonus received is only reported by 56% of the total employees working in the industry. The range of bonuses that is offered to them lies between 3% to 6%.
Being an accountant in the USA in matters of growth opportunity, diverse market, growth pathway, and average pay is very worth. The profession also provides you with a sense of acknowledgement and worthiness in society.
This was all about the Accountant salary in USA. To read more such blogs with information on salaries and jobs, follow Jobs Abroad. If you have any queries or to learn about studying abroad follow Leverage Edu.
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