Staff Accountant Salary Range
Accountants may work in either the public or private sector for individual clients or businesses, assisting with paying taxes, keeping records and analyzing financial information. The salary range of an accountant is based on the type of institution at which he is on staff, its location and his level of experience and training.
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Salary Range
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The salary range for a staff accountant begins at $37,690 for those in the 10th percentile, according to the Bureau of Labor Statistics as of May 2009. Accountants in the 25th percentile earn $46,740, those in the 75th percentile earn $79,470 and those in the 90th percentile earn $104,450. The median salary for a staff accountant is $60,340, and the average salary is $67,430.
Common Industries
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Staff accountants working in the industries of accounting, tax preparation, bookkeeping and payroll services earn an average salary of $73,920 and are part of the industry with the highest level of employed accountants. In the management of companies and enterprises, the salary of a staff accountant is $66,330 on average, and those working for insurance carriers earn an average of $65,520. Accountants may also work on staff for the government, earning an average salary of $57,490 from local governments and $54,040 from state governments.
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Other Industries
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The highest wages for staff accountants are in the federal executive branch, which offers an average salary of $88,190. Those working in tobacco manufacturing earn an average salary of $81,560 a year, and those in the industry of securities and commodity contracts intermediation and brokerage earn an average of $80,780. Staff accountants in dry-cleaning and laundry services earn an income of $80,620 on average, and those working for the postal service earn $79,600.
Location
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The New York City metropolitan area is the nation's highest-paying area for staff accountants with an average salary of $87,940, according to the Bureau, and New York is the highest-paying state for accountants with an average salary of $84,280. Washington D.C. is the second-highest paying state for this profession with an average salary of $79,990, followed by New Jersey at an average salary of $79,330.
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References
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