Covington vs Lexington: Accountant Salary (2026)
Compare accountant salaries between Covington, KY and Lexington, KY. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Covington, KY | Lexington, KY |
|---|---|---|
| Median Salary | $76,108 | $79,810▲ |
| Hourly Rate | $36.59 | $38.38▲ |
| Entry Level (P10) | $51,839 | $55,307▲ |
| 25th Percentile | $60,804 | $64,388▲ |
| 75th Percentile | $97,065 | $102,087▲ |
| Top Earner (P90) | $117,968 | $129,165▲ |
| Total Employed | 9 | 1,830▲ |
Verdict
Lexington, KY offers better overall compensation for accountants, winning 4 out of 4 metrics compared to Covington.
The salary gap between Covington and Lexington is $3,702 (4.86%). Lexington's median is -7.05% compared to the US national median of $85,864.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Covington spans $66,129,Lexington spans $73,858. Lexington has a wider pay range, suggesting more variation in pay between entry-level and experienced accountants.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Lexington ($85,920 effective) pays 0.81% more than Covington ($85,227 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Covington if…
- ✓You prefer the Kentucky area and lifestyle
Choose Lexington if…
- ✓Higher median salary ($79,810/year)
- ✓Better top-earner potential ($129,165)
- ✓Larger job market (1,830 employed)
- ✓Better purchasing power (CoL-adjusted: $85,920)
- ✓You prefer the Kentucky area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, accountant salaries in Covington grew 20.3% from 2024 to 2025, compared to 27.0% growth in Lexington over the same period.
Covington, KY
$61,680 (2024) → $74,172 (2025)
Lexington, KY
$61,230 (2019) → $77,780 (2025)
View Full Salary Data
Covington, KY
Lexington, KY
Frequently Asked Questions
Which city pays accountants more: Covington or Lexington?
What is the hourly rate difference between Covington and Lexington?
Should I relocate from Covington to Lexington as a accountant?
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Written by Sofia Patel, CPA
Career Analyst
Sofia Patel has over 10 years of experience in financial analysis. She specializes in tax preparation for small businesses. She has worked in both corporate and public accounting environments.
Methodology & Data Source
All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 2.61% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.
Data Sources & Methodology
Source: BLS, OEWS , released .
Compiled and verified by Sofia Patel, CPA, a licensed accountant with 10+ years of clinical experience. · View source data at BLS.gov