Accounting: best paying states in the U.S. 2022 | Statista (2024)

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Accounting: best paying states in the U.S. 2022 | Statista? ›

Best-Paying States for Accountants

According to the Bureau of Labor Statistics (BLS), the highest-paying states for CPAs in the U.S. are the District of Columbia, New York, New Jersey, Virginia, and California, with average salaries ranging from $89,000 to $105,000 per year.

The top-paying industries for accountants include finance and insurance, management of companies and enterprises, tax preparation, and the government.

If you want to take the CPA exam as early as possible with fewer requirements, Alaska is a good state to get your CPA license in because it allows candidates to sit while completing an undergraduate degree if within 18 hours of meeting bachelor's degree requirements.

In recent years, states like Tennessee and Minnesota have consistently topped the charts in terms of demand for accounting professionals. These states offer diverse job opportunities, competitive salaries, and thriving business landscapes.

How to make 300k in accounting? ›

Can accountants make 300k? Yes, it is possible for accountants to earn $300,000 or more per year, especially those working in public accounting or executive finance roles. However, salaries at this high level typically require extensive experience, professional qualifications, and a track record of success.

Accountants can make $500k per year. If they develop the right skills. And it can be done without starting your own business (and taking all the risk that comes with it). It's not easy, but the key is to build high-leverage skills.

Accounting information systems roles are typically well-compensated, in high demand, and have a high degree of job security. These roles are often critical for a business to operate, and as such, companies are often unwilling to outsource or eliminate them.

Best-Paying States for Accountants

The states and districts that pay Accountants the highest mean salary are District of Columbia ($110,750), New York ($110,320), New Jersey ($102,040), California ($96,210), and Massachusetts ($95,830).

Nonetheless, there does seem to be something to the notion that Deloitte and PWC pay their consultants the most. Managementconsulted, a website which tracks pay for consultants in the U.S. says PwC and Deloitte pay newly hired graduate consultants $93k and $101k respectively, while KPMG and EY pay $75k and $80k.

New York

The average salary in the accounting and finance sector in New York is an estimated $117,000 a year, the highest for any state.