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Accountant Salary in Livonia, MI

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

Median Salary
$80,320
per year in Livonia
Entry Level
$49,428
Starting salary
Senior Level
$108,123
Experienced professionals
Cost of Living
95
5% below national avg

Salary Breakdown by Experience Level

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

PeriodEntry LevelMedianSenior
Annual$49,428$80,320$108,123
Monthly$4,119$6,693$9,010
Biweekly$1,901$3,089$4,159
Weekly$951$1,545$2,079
Hourly$24$39$52

Livonia vs National Average

How Livonia's accountant salaries compare to national figures.

Livonia Salary
$80,320
COL Index: 95
National Average
$77,850
COL Index: 100
Difference
+$2,470
Higher in Livonia

Cost of Living in Livonia

1-Bedroom Rent
$1,050
per month
Median Income
$68,420
per year
Population
94,834
residents
Rent % of Income
18.4%
median household
Cost of Living Index: 95 — A score of 100 represents the U.S. average. Salaries in Livonia 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
+31%
Los Angeles, CA
$93,890
+17%
Chicago, IL
$81,210
+1%
Houston, TX
$81,290
+1%
Phoenix, AZ
$80,080
0%

Financial Tools to Explore

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Cost of Living Calculator

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Accountant Salary in Livonia, MI — Complete Guide

Median Salary Overview

The median salary for a accountant in Livonia, MI is $80,320 per year, adjusted for the local cost of living index of 95. This figure reflects typical earnings for experienced professionals in this role, considering Livonia's unique economic conditions.

Salary Range and Experience Levels

Entry-level accountant professionals in Livonia can expect to earn around $49,428 annually. As professionals gain experience, salaries typically increase, with senior-level accountants earning approximately $108,123 per year. This represents a 119% increase from entry to senior level.

Cost of Living Adjustment

Livonia's cost of living index of 95 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Livonia 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 Livonia typically goes toward housing. With a 1-bedroom apartment averaging $1,050 per month, housing represents about 15.7% 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 Livonia, 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.