Accountants and Auditors Employment and Wages in 2022

In 2022, the Accountants and Auditors occupation accounted for over 1.4 million jobs in the United States, reflecting an increase of 6.4% from 2021. The annual mean wage in 2022 was $86,740, and the median wage was $78,000. Compared to the national average for all occupations, the wages for this occupation were higher by 40.1%.

Industry Sub-Groups

Among industry sectors, Professional, Scientific, and Technical Services held the largest number of jobs for the Accountants and Auditors occupation, employing over 467 thousand people in 2022. The annual mean wage in this sector was $91,400, with a median wage of $78,890. There was an increase in wage variance to the national average compared to 2021, with the variance shifting from 4.2% to 5.4%, indicating industry sector wages outpaced national wage trends.

Finance and Insurance accounted for a substantial employment share for this occupation, with 117 thousand people employed in 2022. The annual mean wage for this sub-group was $93,440, and the median wage was $81,020. In terms of wage variance to the national average, there was an increase compared to 2021, with the variance shifting from 7.1% to 7.7%.

The Federal, State, and Local Government, excluding state and local schools and hospitals and the U.S. Postal Service (OES Designation) sector also had considerable industry employment, with approximately 110 thousand people employed in 2022. The annual mean wage in this sub-group was $81,160 and the median wage was $77,710. The wage variance to the national average experienced a decrease compared to 2021, with the variance shifting from -5.4% to -6.4%.

Highest Location Concentration

When we examine the top locations in terms of proportional employment within the Accountants and Auditors occupation, we find that Birmingham-Hoover, AL had the highest concentration of jobs (1.7 times the national occupational employment share). The location had an annual mean wage in 2022, at $76,780, and a median wage of $65,050. The location variance to the national average was -11.5%. Denver-Aurora-Lakewood, CO had the next highest concentration of jobs (1.6 times the national occupational employment share) and an annual mean wage of $89,870 and a median wage of $80,580. The industry variance to the national average was 3.6%. Montgomery, AL had 1.5 times the national occupational employment share and an annual mean wage of $71,800 and a median wage of $62,230. The industry variance to the national average was -17.2%.

Summary

In 2022, the Accountants and Auditors occupation thrived in the United States, boasting over 1.4 million jobs, marking a substantial 6.4% increase from the previous year. Professionals in this field commanded an annual mean wage of $86,740, with a median wage of $78,000, exceeding the national average for all occupations by a notable 40.1%. Within industry sectors, Professional, Scientific, and Technical Services emerged as the largest employer for Accountants and Auditors, hiring over 467,000 individuals in 2022, with wages showing an increasing variance compared to 2021. The Finance and Insurance sector also played a significant role in providing employment opportunities, with 117,000 people employed in this occupation, experiencing an increase in wage variance to the national average. Among locations with the highest concentration of jobs in this field, Birmingham-Hoover, AL, stood out with 1.7 times the national occupational employment share, offering competitive salaries to Accountants and Auditors despite a slight variance to the national average.

For more detailed insights, visit our Accountants and Auditors Dashboard or consider purchasing Aimiax’s 2022 Accountants and Auditors Occupation Report.