Accountant

$92,276 (USD)/yr

$44.36 (USD)/hr

$3,230 (USD)/yr

The average accountant gross salary in Salem, New Jersey is $92,276 or an equivalent hourly rate of $44. This is 7% higher (+$5,792) than the average accountant salary in the United States. In addition, they earn an average bonus of $3,230. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Salem, New Jersey. An entry level accountant (1-3 years of experience) earns an average salary of $65,994. On the other end, a senior level accountant (8+ years of experience) earns an average salary of $113,964.

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ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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$103,650 (USD)

12 %

Based on our compensation data, the estimated salary potential for Accountant will increase 12 % over 5 years.

This chart displays the highest level of education for:
Accountant, the majority at 62% with bachelors.

Typical Field of Study: Accounting

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Salem, New Jersey

The cost of living in Salem, New Jersey is 11% less than the average cost of living in the United States. Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

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Salem is a city in Salem County, in the U.S. state of New Jersey. It is the county seat of Salem County, the state's most rural county. The name Salem, for both the city and county, is derived from the Hebrew word shalom, meaning peace. As of the 2020 United States census, the city's population was 5,296, an increase of 150 (+2.9%) from the 2010 census count of 5,146, which in turn reflected a decrease of 711 (−12.1%) from the 5,857 counted in the 2000 census. Salem is part of the Delaware Valley...

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Readies and maintains financial and business transactions, applying accounting principles, that include work that is analytical, evaluative, and advisory in nature and that requires an understanding of both accounting theory and practice. Utilizes knowledge of the fundamental doctrines, theories, principles, and terminology of accountancy, and often entails some understanding of such related fields as business law, statistics, and general management.... Analyzes the effects of transactions upon account relationships. Evaluates alternative means of treating transactions. Plans the manner in which account structures should be developed or modified. Ensures the adequacy of the accounting system as the basis for reporting to management. Considers the need for new or changed controls. Projects accounting data to show the effects of proposed plans on capital investments, income, cash position, and overall financial condition. Interprets the meaning of accounting records, reports, and statements. Advises operating officials on accounting matters. Excludes paraprofessional accountants. Read More

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Disclaimer

This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.

Professionals should subscribe to SalaryExpert’s Assessor Platform.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

Learn About Our Products

SalaryExpert, powered by ERI, provides verified salary and cost of living data to the public with a comprehensive platform for evaluating compensation, career, relocation, and education decisions.
Access The Assessor Productsarrow_right
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