Where are the best places to work as a CPA?
The answer depends on your personal preferences, and the current job market.
When evaluating the best cities for CPAs, average salary is important. However, you should also consider a number of other factors. Company culture, job descriptions, commute times, and similar criteria should be assessed before you accept a position.
If you’re deciding where to work, let’s start with an overview of the job market.
Current economic conditions are positive; that makes it easier to find accounting jobs in whatever city you choose. Consider the following:
CNBC reports that in 2018, US workers voluntarily quit their jobs at the fastest rate since 2001.
The article explains that “Quitting was the surest way for workers to get a raise in 2018. Slow wage growth and a tight labor market meant that workers had a better chance of increasing their earnings by leaving their current job for a new one, despite an otherwise healthy labor market.”
If you’re thinking about a job change, you’re not alone.
Salary and the
Based on research performed by Glassdoor, the average base pay for a US-based CPA is $68,538. However, your compensation can vary depending on your experience level, position, and geographic location.
In some cities, you’ll need to earn more to meet your living expenses. Glassdoor reports that the cost of living in New York City, Los Angeles, and Seattle is at least 10% higher than the national average. Houston and Chicago are 8% higher. PayScale offers a cost of living calculator you can use to research the issue.
What’s the best city for you? It depends on your point of view. But if you’re looking for inspiration, here are some alternative points of view:
Best Cities for
Glassdoor’s 2018 report on the best cities for accountants used these criteria:
- Job satisfaction
- Number of job openings
- Median base salary
- Median home value
The top results were Pittsburgh (PA), St. Louis (MO), Indianapolis (IN), and Hartford (CT).
WalletHub’s 2019 best cities for jobs report used 30 indicators of job-market strength, including job opportunities, employment growth, and average starting salary.
The survey’s top five results were Scottsdale (AZ), Columbia (MD), Orlando (FL), San Francisco (CA), and Colorado Springs (CO).
Finally, Business Insider reported on Glassdoor’s 2016 regarding the best places to work and live. The survey ranked the 50 most populated cities and considered affordability and job satisfaction. Cleveland (OH), Columbus (OH), Kansas City (MO), Detroit (MI), and St. Louis (MO) were the top cities.
How can this data help you make an informed decision?