Accountants and Auditors Salary in Knoxville, TN

In Knoxville, TN, accountants and auditors typically earn a median annual salary of $74,320, with an hourly wage of $35.73. This figure is slightly below the national median for this occupation, which stands at $81,680. When compared to the local area's median household income of $69,734, the earnings for accountants and auditors in Knoxville are notably higher, reflecting their specialized skills and professional qualifications. Despite a relatively low unemployment rate of 3.20% in the region, these professionals earn significantly more than the average household, indicating a strong demand for their expertise within the local economy.

For entry-level accountants and auditors in Knoxville, earnings start around the 10th percentile at approximately $49,830 annually. As experience accumulates, earnings increase substantially, with those at the median earning $74,320 and experienced professionals reaching up to the 75th percentile at $91,890 per year. The highest earners in this field can make around $125,000 annually, representing the 90th percentile. This significant salary range is driven by factors such as years of experience, specialization within the accounting sector, educational background, and professional certifications like CPA (Certified Public Accountant). As workers gain expertise, their ability to handle more complex financial tasks and take on leadership roles further enhances their earning potential in this competitive field.