Accountants and Auditors Salary in Philadelphia, PA-NJ-DE-MD

In Philadelphia and its surrounding areas across PA-NJ-DE-MD, accountants and auditors earn a median annual salary of $84,080, which translates to a median hourly wage of $40.42. This median salary slightly exceeds the national median for this occupation by approximately 3.2%, as the nationwide figure stands at $81,680. When compared to the area's median household income of $89,273, the typical accountant or auditor earns close to what most households in the region make annually. The local unemployment rate is relatively low at 3.80%, indicating a stable job market that might contribute to competitive wages within this field.

Entry-level accountants and auditors in this locale tend to earn around $57,630, which represents the 10th percentile of earnings for the occupation. Those at the 25th percentile make about $70,020 annually, reflecting modest early-career income levels. Conversely, experienced professionals can expect significantly higher salaries; those at the 75th percentile earn approximately $108,350 per year, while individuals in the top 10% of earners reach up to $139,140. The substantial difference between entry-level and seasoned professionals is driven by factors such as years of experience, specialized skills, professional certifications (e.g., CPA), and roles that demand greater responsibility or expertise. These elements often lead to upward mobility within the field and justify higher compensation levels for more experienced individuals.