States with the Highest Wages
Accountants are lucky professionals because they stand to earn an excellent income no matter where they live in the country. And best of all, accountants can work almost anywhere they want. But even in the most lucrative industries, geography always influences a professional’s earning potential. Accountants living and working in certain states will earn more than others simply because they live in a top paying state for their field. For accounting professionals, the best money in the business lives in the northeast.
New York, for example, is the highest paying state for this field. Accountants in New York earn an average annual income of $80,420. Many professionals only dream of earning that kind of salary. New Jersey is the second highest paying state, where accountants earn an average salary of $76,380.
The District of Columbia, home of the capitol city, is the third highest paying state. Accountants in D.C. are paid very well, with average salaries at $75,580. In nearby Maryland, the average annual income for professionals in this field is $73,520. Even though the two states are so close together, with Maryland residents often commuting to D.C. for work, there is still a two thousand dollar difference in average salaries.
Connecticut is the fifth highest paying states for accountants, where they stand to earn an average income of $72,950. Incomes for accountants are high all over the country. But those living in the northeastern United States earn top dollar.
Accountant Salaries for States with the Highest Employment Levels
The accounting profession is a popular choice for career-focused men and women because it is lucrative as well as flexible. Accountants have the ability to earn a significant income without being tied to a specific geographic area. They can work in almost any state in the country because all businesses, regardless of industry, need someone to help them keep track of their dollars and cents. However, accountants want job security as much as the next person and in order to have that, they want to live in states where their work is in demand.
The District of Columbia is just one of those states. It has one of the highest employment levels for accountants of any state in the country. It also has a significant average income for those in the field, with accountants earning $75,780 on average. The state of Colorado also has very high employment levels for individuals in this field. Accountants in Colorado earn an average annual income of $67,160.
New York State has one of the highest employment levels for accountants as well as the highest salary of any other state in the country. Accountants in New York earn an average annual income of $80,420. Delaware continues the trend in the northeast with high employment levels and an average salary of $67,280. And in Connecticut, accountants enjoy high employment levels and average salaries around $72,950.
For long-term career success, high employment levels are as important as high salaries. Accountants have both.