November 29, 2021

2022 Projected Public Accounting Salaries In Eight LCOL Cities

Our series of articles based on the Robert Half 2022 Accounting & Finance Salary Guide continues as we look at public accounting starting salaries in eight low cost of living cities that have a Big 4 presence and a national accounting firm presence (i.e., RSM US, BDO USA, Grant Thornton).

Most of these cities are often mentioned in discussions on Reddit and Fishbowl about the best LCOL cities for accountants—and where they can get the most bang for their buck. I also used this study from SmartAsset and the cost of living tool on BestPlaces.net to narrow down the cities I wanted to include in this article.

The eight cities are:

  • Baltimore
  • Cincinnati
  • Detroit
  • Indianapolis
  • Louisville
  • Milwaukee
  • Oklahoma City
  • St. Louis

Using the salary guide’s location feature, we were able to see how public accounting starting salaries in each of these eight cities compared to the projected averages nationwide in 2022. There are 10 public accounting roles highlighted in Robert Half’s latest salary guide, each one having three salary percentiles.

  • 25th percentile: New to the type of role, still acquiring relevant skills.
  • 50th percentile: Average experience, has most of the necessary skills.
  • 75th percentile: Above-average experience, has all needed skills.

The salary data below from Robert Half shows the national average -> the average for that city by percentile per position. According to the salary guide, only three of the eight cities are projected to have a public accounting starting salary that is higher than the national average next year.

Here are the starting salary comparisons for those eight LCOL cities:

1. Baltimore

Salaries in Baltimore are 3% higher than the national average.

Senior manager/director tax services

  • 25th percentile: $114,500 -> $117,935
  • 50th percentile: $141,500 -> $145,745
  • 75th percentile: $170,000 -> $175,100

Manager of tax services

  • 25th percentile: $90,750 -> $93,473
  • 50th percentile: $110,000 -> $113,300
  • 75th percentile: $128,000 -> $131,840

Senior tax accountant

  • 25th percentile: $62,500 -> $64,375
  • 50th percentile: $75,500 -> $77,765
  • 75th percentile: $87,500 -> $90,125

Tax accountant, 1-3 years’ experience

  • 25th percentile: $49,750 -> $51,243
  • 50th percentile: $61,500 -> $63,345
  • 75th percentile: $70,750 -> $72,873

Entry-level tax accountant

  • 25th percentile: $41,000 -> $42,230
  • 50th percentile: $50,250 -> $51,758
  • 75th percentile: $59,500 -> $61,285

Senior manager/director audit and assurance services

  • 25th percentile: $113,000 -> $116,390
  • 50th percentile: $139,750 -> $143,943
  • 75th percentile: $162,000 -> $166,860

Manager audit and assurance services

  • 25th percentile: $77,000 -> $79,310
  • 50th percentile: $96,250 -> $99,138
  • 75th percentile: $110,250 -> $113,558

Senior audit and assurance services

  • 25th percentile: $55,000 -> $56,650
  • 50th percentile: $68,750 -> $70,813
  • 75th percentile: $78,750 -> $81,113

Audit and assurance services, 1-3 years’ experience

  • 25th percentile: $46,000 -> $47,380
  • 50th percentile: $56,750 -> $58,453
  • 75th percentile: $64,500 -> $66,435

Entry-level audit and assurance services

  • 25th percentile: $41,000 -> $42,230
  • 50th percentile: $50,500 -> $52,015
  • 75th percentile: $58,000 -> $59,740

2. Cincinnati

Salaries in Cincinnati are 2.5% lower than the national average.

Senior manager/director tax services

  • 25th percentile: $114,500 -> $111,638
  • 50th percentile: $141,500 -> $137,963
  • 75th percentile: $170,000 -> $165,750

Manager of tax services

  • 25th percentile: $90,750 -> $88,481
  • 50th percentile: $110,000 -> $107,250
  • 75th percentile: $128,000 -> $124,800

Senior tax accountant

  • 25th percentile: $62,500 -> $60,938
  • 50th percentile: $75,500 -> $73,613
  • 75th percentile: $87,500 -> $85,313

Tax accountant, 1-3 years’ experience

  • 25th percentile: $49,750 -> $48,506
  • 50th percentile: $61,500 -> $59,963
  • 75th percentile: $70,750 -> $68,981

Entry-level tax accountant

  • 25th percentile: $41,000 -> $39,975
  • 50th percentile: $50,250 -> $48,994
  • 75th percentile: $59,500 -> $58,013

Senior manager/director audit and assurance services

  • 25th percentile: $113,000 -> $110,175
  • 50th percentile: $139,750 -> $136,256
  • 75th percentile: $162,000 -> $157,950

Manager audit and assurance services

  • 25th percentile: $77,000 -> $75,075
  • 50th percentile: $96,250 -> $93,844
  • 75th percentile: $110,250 -> $107,494

Senior audit and assurance services

  • 25th percentile: $55,000 -> $53,625
  • 50th percentile: $68,750 -> $67,031
  • 75th percentile: $78,750 -> $76,781

Audit and assurance services, 1-3 years’ experience

  • 25th percentile: $46,000 -> $44,850
  • 50th percentile: $56,750 -> $55,331
  • 75th percentile: $64,500 -> $62,888

Entry-level audit and assurance services

  • 25th percentile: $41,000 -> $39,975
  • 50th percentile: $50,500 -> $49,238
  • 75th percentile: $58,000 -> $56,550

3. Detroit

Salaries in Detroit are equal to the national average.

Senior manager/director tax services

  • 25th percentile: $114,500
  • 50th percentile: $141,500
  • 75th percentile: $170,000

Manager of tax services

  • 25th percentile: $90,750
  • 50th percentile: $110,000
  • 75th percentile: $128,000

Senior tax accountant

  • 25th percentile: $62,500
  • 50th percentile: $75,500
  • 75th percentile: $87,500

Tax accountant, 1-3 years’ experience

  • 25th percentile: $49,750
  • 50th percentile: $61,500
  • 75th percentile: $70,750

Entry-level tax accountant

  • 25th percentile: $41,000
  • 50th percentile: $50,250
  • 75th percentile: $59,500

Senior manager/director audit and assurance services

  • 25th percentile: $113,000
  • 50th percentile: $139,750
  • 75th percentile: $162,000

Manager audit and assurance services

  • 25th percentile: $77,000
  • 50th percentile: $96,250
  • 75th percentile: $110,250

Senior audit and assurance services

  • 25th percentile: $55,000
  • 50th percentile: $68,750
  • 75th percentile: $78,750

Audit and assurance services, 1-3 years’ experience

  • 25th percentile: $46,000
  • 50th percentile: $56,750
  • 75th percentile: $64,500

Entry-level audit and assurance services

  • 25th percentile: $41,000
  • 50th percentile: $50,500
  • 75th percentile: $58,000

4. Indianapolis

Salaries in Indianapolis are 3% lower than the national average.

Senior manager/director tax services

  • 25th percentile: $114,500 -> $111,065
  • 50th percentile: $141,500 -> $137,255
  • 75th percentile: $170,000 -> $164,900

Manager of tax services

  • 25th percentile: $90,750 -> $88,028
  • 50th percentile: $110,000 -> $106,700
  • 75th percentile: $128,000 -> $124,160

Senior tax accountant

  • 25th percentile: $62,500 -> $60,625
  • 50th percentile: $75,500 -> $73,235
  • 75th percentile: $87,500 -> $84,875

Tax accountant, 1-3 years’ experience

  • 25th percentile: $49,750 -> $48,258
  • 50th percentile: $61,500 -> $59,655
  • 75th percentile: $70,750 -> $68,628

Entry-level tax accountant

  • 25th percentile: $41,000 -> $39,770
  • 50th percentile: $50,250 -> $48,743
  • 75th percentile: $59,500 -> $57,715

Senior manager/director audit and assurance services

  • 25th percentile: $113,000 -> $109,610
  • 50th percentile: $139,750 -> $135,558
  • 75th percentile: $162,000 -> $157,140

Manager audit and assurance services

  • 25th percentile: $77,000 -> $74,690
  • 50th percentile: $96,250 -> $93,363
  • 75th percentile: $110,250 -> $106,943

Senior audit and assurance services

  • 25th percentile: $55,000 -> $53,350
  • 50th percentile: $68,750 -> $66,688
  • 75th percentile: $78,750 -> $76,388

Audit and assurance services, 1-3 years’ experience

  • 25th percentile: $46,000 -> $44,620
  • 50th percentile: $56,750 -> $55,048
  • 75th percentile: $64,500 -> $62,565

Entry-level audit and assurance services

  • 25th percentile: $41,000 -> $39,770
  • 50th percentile: $50,500 -> $48,985
  • 75th percentile: $58,000 -> $56,260

5. Louisville

Salaries in Louisville are 8% lower than the national average.

Senior manager/director tax services

  • 25th percentile: $114,500 -> $105,340
  • 50th percentile: $141,500 -> $130,180
  • 75th percentile: $170,000 -> $156,400

Manager of tax services

  • 25th percentile: $90,750 -> $83,490
  • 50th percentile: $110,000 -> $101,200
  • 75th percentile: $128,000 -> $117,760

Senior tax accountant

  • 25th percentile: $62,500 -> $57,500
  • 50th percentile: $75,500 -> $69,460
  • 75th percentile: $87,500 -> $80,500

Tax accountant, 1-3 years’ experience

  • 25th percentile: $49,750 -> $45,770
  • 50th percentile: $61,500 -> $56,580
  • 75th percentile: $70,750 -> $65,090

Entry-level tax accountant

  • 25th percentile: $41,000 -> $37,720
  • 50th percentile: $50,250 -> $46,230
  • 75th percentile: $59,500 -> $54,740

Senior manager/director audit and assurance services

  • 25th percentile: $113,000 -> $103,960
  • 50th percentile: $139,750 -> $128,570
  • 75th percentile: $162,000 -> $149,040

Manager audit and assurance services

  • 25th percentile: $77,000 -> $70,840
  • 50th percentile: $96,250 -> $88,550
  • 75th percentile: $110,250 -> $101,430

Senior audit and assurance services

  • 25th percentile: $55,000 -> $50,600
  • 50th percentile: $68,750 -> $63,250
  • 75th percentile: $78,750 -> $72,450

Audit and assurance services, 1-3 years’ experience

  • 25th percentile: $46,000 -> $42,320
  • 50th percentile: $56,750 -> $52,210
  • 75th percentile: $64,500 -> $59,340

Entry-level audit and assurance services

  • 25th percentile: $41,000 -> $37,720
  • 50th percentile: $50,500 -> $46,460
  • 75th percentile: $58,000 -> $53,360

6. Milwaukee

Salaries in Milwaukee are 2% higher than the national average.

Senior manager/director tax services

  • 25th percentile: $114,500 -> $116,790
  • 50th percentile: $141,500 -> $144,330
  • 75th percentile: $170,000 -> $173,400

Manager of tax services

  • 25th percentile: $90,750 -> $92,565
  • 50th percentile: $110,000 -> $112,200
  • 75th percentile: $128,000 -> $130,560

Senior tax accountant

  • 25th percentile: $62,500 -> $63,750
  • 50th percentile: $75,500 -> $77,010
  • 75th percentile: $87,500 -> $89,250

Tax accountant, 1-3 years’ experience

  • 25th percentile: $49,750 -> $50,745
  • 50th percentile: $61,500 -> $62,730
  • 75th percentile: $70,750 -> $72,165

Entry-level tax accountant

  • 25th percentile: $41,000 -> $41,820
  • 50th percentile: $50,250 -> $51,255
  • 75th percentile: $59,500 -> $60,690

Senior manager/director audit and assurance services

  • 25th percentile: $113,000 -> $115,260
  • 50th percentile: $139,750 -> $142,545
  • 75th percentile: $162,000 -> $165,240

Manager audit and assurance services

  • 25th percentile: $77,000 -> $78,540
  • 50th percentile: $96,250 -> $98,175
  • 75th percentile: $110,250 -> $112,455

Senior audit and assurance services

  • 25th percentile: $55,000 -> $56,100
  • 50th percentile: $68,750 -> $70,125
  • 75th percentile: $78,750 -> $80,325

Audit and assurance services, 1-3 years’ experience

  • 25th percentile: $46,000 -> $46,920
  • 50th percentile: $56,750 -> $57,885
  • 75th percentile: $64,500 -> $65,790

Entry-level audit and assurance services

  • 25th percentile: $41,000 -> $41,820
  • 50th percentile: $50,500 -> $51,510
  • 75th percentile: $58,000 -> $59,160

7. Oklahoma City

Salaries in Oklahoma City are 7% lower than the national average.

Senior manager/director tax services

  • 25th percentile: $114,500 -> $106,485
  • 50th percentile: $141,500 -> $131,595
  • 75th percentile: $170,000 -> $158,100

Manager of tax services

  • 25th percentile: $90,750 -> $84,398
  • 50th percentile: $110,000 -> $102,300
  • 75th percentile: $128,000 -> $119,040

Senior tax accountant

  • 25th percentile: $62,500 -> $58,125
  • 50th percentile: $75,500 -> $70,215
  • 75th percentile: $87,500 -> $81,375

Tax accountant, 1-3 years’ experience

  • 25th percentile: $49,750 -> $46,268
  • 50th percentile: $61,500 -> $57,195
  • 75th percentile: $70,750 -> $65,798

Entry-level tax accountant

  • 25th percentile: $41,000 -> $38,130
  • 50th percentile: $50,250 -> $46,733
  • 75th percentile: $59,500 -> $55,335

Senior manager/director audit and assurance services

  • 25th percentile: $113,000 -> $105,090
  • 50th percentile: $139,750 -> $129,968
  • 75th percentile: $162,000 -> $150,660

Manager audit and assurance services

  • 25th percentile: $77,000 -> $71,610
  • 50th percentile: $96,250 -> $89,513
  • 75th percentile: $110,250 -> $102,533

Senior audit and assurance services

  • 25th percentile: $55,000 -> $51,150
  • 50th percentile: $68,750 -> $63,938
  • 75th percentile: $78,750 -> $73,238

Audit and assurance services, 1-3 years’ experience

  • 25th percentile: $46,000 -> $42,780
  • 50th percentile: $56,750 -> $52,778
  • 75th percentile: $64,500 -> $59,985

Entry-level audit and assurance services

  • 25th percentile: $41,000 -> $38,130
  • 50th percentile: $50,500 -> $46,965
  • 75th percentile: $58,000 -> $53,940

8. St. Louis

Salaries in St. Louis are 0.5% higher than the national average.

Senior manager/director tax services

  • 25th percentile: $114,500 -> $115,073
  • 50th percentile: $141,500 -> $142,208
  • 75th percentile: $170,000 -> $170,850

Manager of tax services

  • 25th percentile: $90,750 -> $91,204
  • 50th percentile: $110,000 -> $110,550
  • 75th percentile: $128,000 -> $128,640

Senior tax accountant

  • 25th percentile: $62,500 -> $62,813
  • 50th percentile: $75,500 -> $75,878
  • 75th percentile: $87,500 -> $87,938

Tax accountant, 1-3 years’ experience

  • 25th percentile: $49,750 -> $49,999
  • 50th percentile: $61,500 -> $61,808
  • 75th percentile: $70,750 -> $71,104

Entry-level tax accountant

  • 25th percentile: $41,000 -> $41,205
  • 50th percentile: $50,250 -> $50,501
  • 75th percentile: $59,500 -> $59,798

Senior manager/director audit and assurance services

  • 25th percentile: $113,000 -> $113,565
  • 50th percentile: $139,750 -> $140,449
  • 75th percentile: $162,000 -> $162,810

Manager audit and assurance services

  • 25th percentile: $77,000 -> $77,385
  • 50th percentile: $96,250 -> $96,731
  • 75th percentile: $110,250 -> $110,801

Senior audit and assurance services

  • 25th percentile: $55,000 -> $55,275
  • 50th percentile: $68,750 -> $69,094
  • 75th percentile: $78,750 -> $79,144

Audit and assurance services, 1-3 years’ experience

  • 25th percentile: $46,000 -> $46,230
  • 50th percentile: $56,750 -> $57,034
  • 75th percentile: $64,500 -> $64,823

Entry-level audit and assurance services

  • 25th percentile: $41,000 -> $41,205
  • 50th percentile: $50,500 -> $50,753
  • 75th percentile: $58,000 -> $58,290

Related articles:

How Are Public Accounting Salaries Stacking Up For 2022?
2022 Projected Public Accounting Salaries In Five HCOL Cities
2022 Projected Public Accounting Salaries In Eight MCOL Cities

Latest Accounting Jobs--Apply Now:

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