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Accountant Salary in Knoxville, TN

How much does a accountant make in Knoxville? Explore median, entry-level, and senior salaries adjusted for Knoxville's cost of living.

Median Salary
$74,320
per year in Knoxville
Entry Level
$45,736
Starting salary
Senior Level
$100,046
Experienced professionals
Cost of Living
103
3% above national avg

Salary Breakdown by Experience Level

See how accountant salaries break down across different pay periods in Knoxville.

PeriodEntry LevelMedianSenior
Annual$45,736$74,320$100,046
Monthly$3,811$6,193$8,337
Biweekly$1,759$2,858$3,848
Weekly$880$1,429$1,924
Hourly$22$36$48

Knoxville vs National Average

How Knoxville's accountant salaries compare to national figures.

Knoxville Salary
$74,320
COL Index: 103
National Average
$77,850
COL Index: 100
Difference
-$3,530
Lower in Knoxville

Cost of Living in Knoxville

1-Bedroom Rent
$1,350
per month
Median Income
$54,234
per year
Population
187,603
residents
Rent % of Income
29.9%
median household
Cost of Living Index: 103 — A score of 100 represents the U.S. average. Salaries in Knoxville have been adjusted to account for local cost differences.

About Accountant

Overview

Prepare financial records, tax returns, and manage accounting systems.

Education

Bachelor's degree in Accounting or related field; CPA preferred

Key Skills

Financial AccountingTax PreparationQuickBooksGAAP

Growth Rate

Expected job growth: +17% over the next decade

Compare Cities: Accountant Salary

See Accountant salaries in other top cities.

New York, NY
$105,100
+41%
Los Angeles, CA
$93,890
+26%
Chicago, IL
$81,210
+9%
Houston, TX
$81,290
+9%
Phoenix, AZ
$80,080
+8%

Financial Tools to Explore

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Accountant Salary in Knoxville, TN — Complete Guide

Median Salary Overview

The median salary for a accountant in Knoxville, TN is $74,320 per year, adjusted for the local cost of living index of 103. This figure reflects typical earnings for experienced professionals in this role, considering Knoxville's unique economic conditions.

Salary Range and Experience Levels

Entry-level accountant professionals in Knoxville can expect to earn around $45,736 annually. As professionals gain experience, salaries typically increase, with senior-level accountants earning approximately $100,046 per year. This represents a 119% increase from entry to senior level.

Cost of Living Adjustment

Knoxville's cost of living index of 103 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Knoxville are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $77,850, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a accountant's salary in Knoxville typically goes toward housing. With a 1-bedroom apartment averaging $1,350 per month, housing represents about 21.8% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Accountants are in growing demand across the United States, with an expected job growth of 17% over the next decade. In Knoxville, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.