Business & Finance Cambridge, MA Pop. 118,403

Accountant Salary in Cambridge, Massachusetts

The median accountant salary in Cambridge, MA is $133,400 per year, which is 67.0% above the national median and 17.6% above the Massachusetts state average.

City Median
$133,400
vs State Avg
+$19,970
vs National
+$53,520
Cost of Living
160%

Accountant Salary in Cambridge by Experience

In Cambridge, an entry-level accountant earns around $86,840, while experienced professionals earn up to $200,400 per year. The local cost of living index is 160% of the national average.

Entry Level (0-2 yrs)
$86,840
+$34,840 vs national
Mid Level (3-7 yrs)
$133,600
+$53,600 vs national
Senior Level (8+ yrs)
$200,400
+$80,400 vs national

Salary Percentiles in Cambridge, MA

Percentile Cambridge
10th Percentile $84,168
25th Percentile $104,709
Median (50th) $133,400
75th Percentile $171,008
90th Percentile $221,776

Accountant Salary in Other Massachusetts Cities

How to Become a Accountant in Cambridge

Education

Most accountant positions require a bachelor's degree. Cambridge and the surrounding Massachusetts area have institutions offering relevant programs.

Key Skills

GAAPTax PreparationFinancial AnalysisQuickBooksExcelAuditing

Job Outlook

Nationally, accountant employment is projected to grow 4% over the next decade (as fast as average). Demand in Cambridge may vary based on local industry and population growth.

Find Accountant Jobs in Cambridge

Browse open accountant positions in Cambridge, MA:

Frequently Asked Questions: Accountant Salary in Cambridge

How much does a Accountant make in Cambridge, MA?
The median accountant salary in Cambridge, Massachusetts is $133,400 per year, which is 67.0% above the national median of $79,880. Salaries range from $84,168 (10th percentile) to $221,776 (90th percentile).
How much does a Accountant make per hour in Cambridge?
Based on the median annual salary of $133,400, a accountant in Cambridge earns approximately $64 per hour assuming a standard 2,080-hour work year.
How does Cambridge compare to the Massachusetts state average for accountant pay?
Cambridge's median accountant salary of $133,400 is 17.6% above the Massachusetts state average of $113,430. The local cost of living index is 160% of the national average.
What is the cost of living in Cambridge, MA?
Cambridge has a cost of living index of 160% compared to the national average. This means a accountant salary of $133,400 in Cambridge has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a accountant in Cambridge?
Most accountant positions in Cambridge require a bachelor's degree. Key skills include GAAP, Tax Preparation, Financial Analysis, QuickBooks. The job market is projected to grow 4% nationally over the next decade.