Business & Finance Detroit, MI
Pop. 639,111
Accountant Salary in Detroit, Michigan
The median accountant salary in Detroit, MI is $70,294 per year, which is 12% below the national median and 2.2% below the Michigan state average.
City Median
$70,294
vs State Avg
$-1,598
vs National
$-9,586
Cost of Living
88%
Accountant Salary in Detroit by Experience
In Detroit, an entry-level accountant earns around $45,760, while experienced professionals earn up to $105,600 per year. The local cost of living index is 88% of the national average.
Entry Level (0-2 yrs)
$45,760
$-6,240 vs national
Mid Level (3-7 yrs)
$70,400
$-9,600 vs national
Senior Level (8+ yrs)
$105,600
$-14,400 vs national
Salary Percentiles in Detroit, MI
| Percentile | Detroit |
|---|---|
| 10th Percentile | $44,352 |
| 25th Percentile | $55,176 |
| Median (50th) | $70,294 |
| 75th Percentile | $90,112 |
| 90th Percentile | $116,864 |
Accountant Salary in Other Michigan Cities
How to Become a Accountant in Detroit
Education
Most accountant positions require a bachelor's degree. Detroit and the surrounding Michigan 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 Detroit may vary based on local industry and population growth.