Accountants and Auditors Salary in Albany, NY

In Albany, NY, accountants and auditors earn a median annual salary of $84,030, which is approximately $2,350 higher than the national median for this occupation at $81,680. This local median salary slightly trails the area's median household income of $86,072, indicating that while these professionals are well-compensated, their earnings are not significantly above the average for households in the region. The median hourly wage stands at $40.40, reflecting a stable earning potential within this field. With an estimated employment number of 4,820 and a local unemployment rate of 3.30%, accountants and auditors enjoy a relatively favorable job market in Albany.

Salary variations among accountants and auditors in Albany are notable when comparing entry-level positions to those held by experienced professionals. At the 10th percentile, earnings start at $58,810 annually, while workers in the 25th percentile earn around $69,480, representing typical starting salaries for newcomers entering the field. As experience accumulates, salaries significantly increase; individuals in the 75th percentile earn about $106,780, and those in the 90th percentile can expect to make up to $134,500 per year. This wide salary range is driven by factors such as years of experience, level of education, specialized skills, and the complexity of responsibilities undertaken within their roles. Additionally, working for larger firms or in high-demand sectors may further enhance earning potential for experienced accountants and auditors.