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Accountant Average Salary in North Carolina 2024

How much money does a person working as Accountant make in North Carolina?


Average Yearly Salary
68,600 USD
( 5,720 USD monthly)

LOW
32,200
USD
AVERAGE
68,600
USD
HIGH
108,000
USD
All salary figures displayed here are per year except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Accountant in North Carolina typically earns around 68,600 USD. Salaries range from 32,200 USD (lowest) to 108,000 USD (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Accountant salaries in North Carolina vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Accountant Pay Scale and Salaries in North Carolina

Median and salary distribution North Carolina Accountant yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
64,600 USD or more
10% of people earn
56,700 to 64,600 USD
20% of people earn
39,500 USD or less
65% of people earn
39,500 to 56,700 USD
Minimum Salary
32,200 USD
Median
65,000 USD
Maximum
108,000 USD




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per year except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Accountant in North Carolina range from 32,200 USD (starting salary) to 108,000 USD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 65,000 USD, half of the professionals who work as Accountant in North Carolina earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Accountant in North Carolina earn less than 52,700 USD, while 75% earn more. Similarly, the chart shows that 75% earn less than 74,700 USD while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Accountant in North Carolina compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 39,500 USD to 56,700 USD. About 20% of salaries are below the 39,500 USD mark, while 10% fall within the range of 56,700 USD to 64,600 USD. Only 5% of individuals have salaries exceeding 64,600 USD.

Salary Comparison by Years of Experience / Accountant / North Carolina

How do experience and age affect pay?

0 - 2 Years
37,200 USD
2 - 5 Years+38%
51,300 USD
5 - 10 Years+42%
73,000 USD
10 - 15 Years+22%
89,000 USD
15 - 20 Years+6%
93,900 USD
20+ Years+9%
102,000 USD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly North Carolina Accountant
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Accountant and this is what we found.


All salary figures displayed here are per year except when noted otherwise.

Employees with less than two years of experience earn approximately 37,200 USD.

While someone with an experience level between two and five years is expected to earn 51,300 USD, 38% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 73,000 USD, 42% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 89,000 USD, 22% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 93,900 USD, 6% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 102,000 USD, 9% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Accountant / North Carolina

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Accountant.

High School
45,900 USD
Certificate or Diploma+17%
53,600 USD
Bachelor's Degree+45%
77,900 USD
Master's Degree+31%
102,000 USD
Percentage increase and decrease are relative to the previous value
Salary comparison by education level yearly North Carolina Accountant
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Accountant in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 45,900 USD.


Level 2: Certificate or Diploma

At this level, the average salary becomes 53,600 USD, 17% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 77,900 USD, 45% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 102,000 USD, 31% more than the previous level.



Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in United States costs anywhere from 39,600 USD to 119,000 USD and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Accountant / North Carolina

Salary comparison by gender United States Accountant yearly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Accountant in United States, the average difference between the salary of male and female employees is 4%.

Male
67,100 USD
Female-4%
64,200 USD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in United States for all Careers

Salary comparison by gender yearly United States
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Average Annual Salary Increment Percentage / Accountant / North Carolina

How much are annual salary increments in North Carolina for individuals working as Accountant? How often do employees get salary raises?

Individuals working as Accountant in United States are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.

Annual Salary Increment Rate United States Accountant
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

United States / All Professions

Annual Salary Increment Rate United States
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in United States is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Accountant / United States

How much and how often are bonuses being awarded?Annual Salary Bonus Rate United States Accountant
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from % to % of their annual salary.

Received Bonus
%
No Bonus
100%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Accountant / North Carolina


33 USD per hour

The average hourly wage (pay per hour) for individuals working as Accountant in North Carolina is 33 USD.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Accountant in North Carolina is 16 USD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Accounting and Finance-100%
Account Examiner52,200 USD-24%
Account Executive89,500 USD+30%
Accountant68,600 USD+0%
Accounting Analyst86,500 USD+26%
Accounting Assistant53,700 USD-22%
Accounting Associate50,700 USD-26%
Accounting Clerk44,700 USD-35%
Accounting Coordinator62,600 USD-9%
Accounting Head142,000 USD+110%
Accounting Manager149,000 USD+120%
Accounting Officer52,200 USD-24%
Accounting Specialist95,400 USD+39%
Accounting Supervisor96,900 USD+41%
Accounting Technician49,200 USD-28%
Accounting Unit Controller118,000 USD+72%
Accounts Executive89,500 USD+30%
Accounts Officer55,200 USD-20%
Accounts Payable and Receivable Specialist71,600 USD+4%
Accounts Payable Assistant56,700 USD-17%
Accounts Payable Associate64,100 USD-7%
Accounts Payable Clerk52,200 USD-24%
Accounts Payable Manager139,000 USD+100%
Accounts Receivable Administrator103,000 USD+50%
Accounts Receivable Clerk52,200 USD-24%
Accounts Receivable Financial Analyst98,400 USD+43%
Accounts Receivable Manager136,000 USD+98%
Accounts Receivable Team Leader103,000 USD+50%
Algorithmic Trading Specialist124,000 USD+81%
Assistant Accountant53,700 USD-22%
Assistant Accounting Manager131,000 USD+91%
Assistant Auditor70,100 USD+2%
Assistant Corporate Controller95,400 USD+39%
Assistant Finance Manager146,000 USD+110%
Assistant Financial Controller95,400 USD+39%
Audit Director161,000 USD+130%
Audit Supervisor128,000 USD+87%
Auditing Clerk55,200 USD-20%
Auditing Manager146,000 USD+110%
Billing Clerk53,700 USD-22%
Billing Coordinator64,100 USD-7%
Billing Specialist74,600 USD+9%
Billing Supervisor107,000 USD+56%
Bookkeeper46,200 USD-33%
Bookkeeping Specialist67,100 USD-2%
Budget Analyst121,000 USD+76%
Budget Manager145,000 USD+110%
Business Support Analyst79,000 USD+15%
Capital Markets Associate106,000 USD+55%
Cash Flow Analyst106,000 USD+55%
Cash Management Manager139,000 USD+100%
Cash Management Officer80,500 USD+17%
Cashbook Clerk47,700 USD-30%
Chartered Accountant89,500 USD+30%
Chief Accountant104,000 USD+52%
Chief Financial Technology Officer146,000 USD+110%
Collections Clerk43,200 USD-37%
Collections Representative61,100 USD-11%
Collections Specialist71,600 USD+4%
Corporate Controller112,000 USD+63%
Corporate Treasurer134,000 USD+95%
Cost Accountant70,800 USD+3%
Cost Accounting Manager139,000 USD+100%
Cost Accounting Supervisor113,000 USD+65%
Cost Analyst112,000 USD+63%
Credit and Collection Manager140,000 USD+100%
Credit and Collection Staff53,700 USD-22%
Credit and Loans Officer50,700 USD-26%
Credit Controller96,900 USD+41%
Credit Manager146,000 USD+110%
Debt Adviser116,000 USD+69%
Debt Collector56,700 USD-17%
Debtors Clerk48,500 USD-29%
Debtors Controller52,200 USD-24%
Deputy CFO192,000 USD+180%
Deputy Head of Finance192,000 USD+180%
Derivative Trader121,000 USD+76%
Director of Finance207,000 USD+200%
E-commerce Accountant73,100 USD+7%
Economist164,000 USD+140%
Equity Analyst125,000 USD+82%
Escrow Assistant62,600 USD-9%
Executive Accountant79,000 USD+15%
External Auditor98,400 USD+43%
Finance Administrator82,000 USD+20%
Finance Analyst127,000 USD+85%
Finance Associate61,100 USD-11%
Finance Data Analyst113,000 USD+65%
Finance Director207,000 USD+200%
Finance Executive149,000 USD+120%
Finance Licensing Clerk50,700 USD-26%
Finance Licensing Manager134,000 USD+95%
Finance Licensing Specialist76,000 USD+11%
Finance Manager197,000 USD+190%
Finance Officer67,100 USD-2%
Finance President207,000 USD+200%
Finance Relationship Manager163,000 USD+140%
Finance Release Analyst80,500 USD+17%
Finance Specialist116,000 USD+69%
Finance Team Leader 157,000 USD+130%
Financial Accountant70,100 USD+2%
Financial Actuary107,000 USD+56%
Financial Administrator116,000 USD+69%
Financial Advisor127,000 USD+85%
Financial Analyst127,000 USD+85%
Financial Applications Specialist88,000 USD+28%
Financial Assistant56,700 USD-17%
Financial Associate67,100 USD-2%
Financial Claims Analyst94,700 USD+38%
Financial Claims Manager125,000 USD+82%
Financial Claims Supervisor116,000 USD+69%
Financial Clerk53,700 USD-22%
Financial Commercial Analyst101,000 USD+47%
Financial Compliance Analyst113,000 USD+65%
Financial Compliance Officer111,000 USD+62%
Financial Consultant93,900 USD+37%
Financial Controller112,000 USD+63%
Financial Coordinator64,400 USD-6%
Financial Customer Service Manager128,000 USD+87%
Financial Data Scientist130,000 USD+90%
Financial Dealer and Broker76,000 USD+11%
Financial Director207,000 USD+200%
Financial Encoder59,600 USD-13%
Financial Manager197,000 USD+190%
Financial Modelling Analyst126,000 USD+84%
Financial Operations Manager179,000 USD+160%
Financial Policy Analyst109,000 USD+59%
Financial Project Manager145,000 USD+110%
Financial Quantitative Analyst121,000 USD+76%
Financial Reporting Consultant101,000 USD+47%
Financial Reporting Manager134,000 USD+95%
Financial Section Head134,000 USD+95%
Financial Services Manager179,000 USD+160%
Financial Services Sales Agent77,500 USD+13%
Financial Technology Consultant110,000 USD+60%
Financial Wellness Coach144,000 USD+110%
FinTech Analyst121,000 USD+76%
Fixed Assets Administrator73,100 USD+7%
Forensic Accountant82,000 USD+20%
Fraud Detection Supervisor86,500 USD+26%
Fraud Prevention Manager143,000 USD+110%
Fund Accountant67,100 USD-2%
Grants Coordinator52,200 USD-24%
Green Finance Analyst107,000 USD+56%
Group Financial Manager201,000 USD+190%
Internal Auditor93,900 USD+37%
Internal Control Adviser110,000 USD+60%
Internal Control Officer61,100 USD-11%
International Tax Director170,000 USD+150%
Inventory Accountant73,100 USD+7%
Investment Advisor188,000 USD+170%
Investment Analyst139,000 USD+100%
Investment Associate118,000 USD+72%
Investment Broker118,000 USD+72%
Investment Fund Manager157,000 USD+130%
Investment Operations Manager157,000 USD+130%
Investment Underwriter59,600 USD-13%
Investor91,000 USD+33%
Investor Relations Manager142,000 USD+110%
KYC Team Leader136,000 USD+98%
Loan Processor58,200 USD-15%
Management Accountant78,300 USD+14%
Management Economist164,000 USD+140%
Paymaster56,700 USD-17%
Payroll Administrator92,400 USD+35%
Payroll Benefits Coordinator77,500 USD+13%
Payroll Billing Manager128,000 USD+87%
Payroll Clerk61,100 USD-11%
Payroll Manager128,000 USD+87%
Payroll Officer61,100 USD-11%
Payroll Specialist73,100 USD+7%
Payroll Supervisor89,500 USD+30%
Pensions Administrator74,600 USD+9%
Personal Financial Advisor104,000 USD+52%
Pricing Analyst116,000 USD+69%
Private Equity Analyst125,000 USD+82%
Project Accountant74,600 USD+9%
Proposal Development Coordinator62,600 USD-9%
Quantitative Trader101,000 USD+47%
Receivables Accountant64,900 USD-5%
Regulatory Accountant76,800 USD+12%
Retirement Plan Analyst112,000 USD+63%
Revenue Management Specialist116,000 USD+69%
Revenue Recognition Analyst130,000 USD+90%
Risk Management Director168,000 USD+140%
Risk Management Supervisor139,000 USD+100%
Staff Accountant67,100 USD-2%
Tax Accountant66,400 USD-3%
Tax Administrator76,000 USD+11%
Tax Advisor107,000 USD+56%
Tax Analyst107,000 USD+56%
Tax Associate59,600 USD-13%
Tax Consultant112,000 USD+63%
Tax Director163,000 USD+140%
Tax Examiner74,600 USD+9%
Tax Manager143,000 USD+110%
Tax Research Manager143,000 USD+110%
Teller41,700 USD-39%
Treasury Accountant77,200 USD+13%
Treasury Analyst116,000 USD+69%
Underwriter49,200 USD-28%
Underwriting Assistant46,200 USD-33%
Vice President of Finance192,000 USD+180%

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in United States is 5% on average across all career fields.

Private Sector
92,800 USD
Public Sector+5%
97,500 USD
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Accountant in North Carolina?

A good and competitive compensation would range anywhere between 65,000 USD and 74,700 USD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Accountant in North Carolina ranges from 32,200 USD to 52,700 USD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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