Accountant Salary

Entry-Level Accountant Salary in Collinsville, IL: $51,205 (2026)

Quick Answer:New accountants entering the Collinsville, IL job market in 2026 can expect a starting salary around $51,205 (BLS 10th-percentile benchmark for SOC 13-2011, projected from 2025 OEWS data). Stripping out Collinsville's local price level (BEA RPP 97.13% below national), a first-year paycheck buys what $52,734 would in average-cost America. Most reach the city median ($76,875) within a few years of clinical practice.

$51,205
Starting Salary
$24.62/hr
Starting Hourly
$51,205
Entry Level
$76,875
Career Median Target

Based on BLS state-level estimates · View source

Accountant Entry Level Salary in Collinsville, IL — 2026 est., based on 2025 BLS
Collinsville, IL accountant entry level salary overview (2026 est., based on 2025 BLS)

Collinsville, Illinois presents a promising opportunity for new graduates entering the accounting field in 2026. The entry-level accountant salary in Collinsville starts at about $51,205, which offers a challenging but realistic expectation for recent graduates. Compared to the median salary of $76,875, this initial figure reflects a significant gap, emphasizing the importance of gaining experience for upward mobility in the profession. Over a new accountant's first several years, there's potential to increase earnings, with projections suggesting a movement toward $60,564 at the 25th percentile and beyond that as they establish themselves in their roles. Overall, Collinsville seems to provide a healthy job market for emerging accountants, particularly considering the region's cost of living index of 97.1, which is slightly below the national average.

About the Collinsville Market

Salary estimated from Illinois average ($88,000) adjusted for local cost of living.

Career Earnings Timeline in Collinsville

Year 0-2

New Graduate

$51,205/yr
Year 2-5

Early Career

$60,564/yr
Year 5-10

Mid Career

$76,875/yr
Year 10+

Experienced

$98,401/yr

Salary progression estimated from BLS percentile data. Actual progression varies by employer, certifications, and specialization.

2026 Salary Percentile Distribution in Collinsville

Vertical bar chart of 10th through 90th percentile salaries for accountants in Collinsville. The median salary is $76,875, compared to the national median of $85,864.$46.1K$65.8K$85.6K$105.4K$125.1K$51.2K10th Pctl$60.6K25th Pctl$76.9KMedian$98.4K75th Pctl$119.2K90th PctlUS Median$85.9K

Entry-level accountants in Collinsville, IL typically start between $51,205 and $60,564 per year (2026 est.). The full salary range spans $67,952 from the 10th to 90th percentile, with the local median at $76,87510.47% below the national median.

Source: BLS OEWS projected to 2026. Percentiles reflect the distribution of accountant pay in the Collinsville metro area.

Return on Investment

$70,000
Avg IL Program Cost
$51,205
Starting Salary
136.71%
Cost-to-Salary Ratio
1.4 yr
Payback Estimate

The average accounting program cost in Illinois of $70,000 represents just 136.71% of the starting accountant pay ($51,205/year) in Collinsville. Most graduates begin earning back their investment from day one, though actual ROI varies based on living expenses, loan interest, and the 2-year opportunity cost of schooling.

Program cost estimates cover AACSB-accredited undergraduate accounting programs at public and private universities. CPA candidates typically complete an additional 30 credit hours beyond the bachelor's degree to reach the 150-hour requirement.

CPA Salary Negotiation Tips for New Graduates in Collinsville

  • 1Research the Collinsville market: entry-level accountant pay ranges from $51,205 to $60,564, so aim for at least the 25th percentile if you have strong credentials.
  • 2Highlight any additional certifications or specialty training within the accounting field — employers in IL often pay a premium for expanded scope of work.
  • 3Evaluate the full compensation package — in Collinsville, benefits like health insurance, continuing-education allowances, and schedule flexibility can add 20-30% to your effective compensation.
  • 4Consider starting with a larger hospital system or multi-site employer in Collinsville for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
  • 5Collinsville's moderate cost of living means your starting salary goes further here compared to many larger metro areas.

Accountant Compensation Range

The accountant wage spread in Collinsville is $67,952 ( 132.71%) between entry-level and top earners. Starting at $51,205, experienced hygienists can earn up to $119,157.

Represents the current salary spread across experience levels, not projected career growth rate.

2019 BLS Actual

$39,623

2025 BLS Actual

$49,903

2026 Current Est.

$51,205

2019–2027 Growth

+32.6%

Salary Trajectory for Accountants in Collinsville (20192027)

2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.61% projection.

BLS Actual Estimated Projected
Salary trajectory chart for accountants in Collinsville. Baseline $39,623 in 2025, projected to $52,542 by 2027.$36.8K$41.7K$46.6K$51.5K$56.5K2019202020212022202320242025202620272025 BLS$39.6K$40.3K$42.7K$43.3K$44.9K$53.7K$49.9K$51.2K$52.5K
YearAnnual SalaryStatus
2019$39,623Actual
2020$40,282Actual
2021$42,732Actual
2022$43,258Actual
2023$44,932Actual
2024$53,651Actual
2025$49,903Actual
2026(current)$51,205Estimated
2027$52,542Projected

Entry-level accountant compensation (10th percentile) in Collinsville, IL grew 25.9% over 7 years based on actual BLS metropolitan area surveys, rising from $39,623 in 2019 to $49,903 in 2025. By 2027, starting salaries are projected to reach $52,542. New graduates entering the Collinsville job market can expect continued year-over-year gains.

Note: Historical values (20192025) are actual BLS OEWS figures for the Collinsville metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 20262026 figures are current estimates, and 2027 values are projections, calculated using a 2.61% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.

Starting Your accounting Career in Collinsville

In Collinsville, several notable employers actively seek new graduates, making the job market promising for aspiring accountants. Large firms, often referred to as the Big 4, typically recruit through established campus connections for staff associate roles and provide the fastest path to advancement via their extensive training programs. Regional firms also present attractive options, delivering quicker routes to partner positions, though often with smaller bonuses compared to larger firms. New accountants can expect their starting pay to benefit from certifications such as the CPA, achieved through meeting state experience requirements alongside passing the Uniform CPA Exam. Seeking early opportunities for professional development through additional certifications, like CMA or CFE, can further enhance initial pay. Within the first three years, a strategic shift from public accounting to industry roles is common, with many professionals transitioning to controllership positions that may offer better compensation but often lack the prestige associated with public firm partner tracks. Tax season can be demanding, typically leading to workweeks of 60-80 hours, but the rigorous experience often paves the way for significant salary growth.

Frequently Asked Questions

What is the starting salary for accountants in Collinsville in 2026?

Entry-level accountants in Collinsville start at approximately $51,205/year (10th percentile), based on estimated 2026 salary (projected from 2025 BLS data at 2.61% annual growth). This is the typical range for new graduates with less than 1 year of clinical experience. The starting hourly equivalent is approximately $24.62/hour for full-time work. Starting pay depends on the practice type (private vs. large organization), patient volume, location within the metro area, and whether the position includes benefits.

How fast do accountant salaries grow in Collinsville?

Most accountants in Collinsville progress from the entry-level salary of $51,205 to the area median of $76,875 within 3–5 years of clinical experience. Top earners with specializations and certifications reach $119,157 (90th percentile). The biggest salary jumps typically come in years 2–5 as clinical skills develop, and again when obtaining advanced certifications or expanded-function credentials. Salary growth after 10 years tends to plateau unless moving into management or education roles.

Is accounting school worth it in Collinsville?

With a starting salary of $51,205/year in Collinsville and typical program costs ranging from $20,000–$80,000 for the required degree, graduates can expect a strong return on investment. Most new accountants recoup their tuition within 1–3 years of working full-time. The profession also offers excellent work-life balance, flexible scheduling, low unemployment rates, and growing demand driven by an aging population's care needs.

What do new accountants make right out of school in Collinsville?

New accounting graduates in Collinsville typically start near the 10th percentile at $51,205/year, or approximately $24.62/hour. Starting pay varies based on the practice type, patient volume, geographic location within the metro area, and whether the compensation package includes benefits like health insurance and retirement contributions. Graduates with internships at high-production practices often secure higher starting offers.

How do I become a accountant in Illinois?

To become a licensed accountant in Illinois, you typically need bachelor's degree in accounting or a related field is required., then pass the required national and state licensing examinations. Most states, including Illinois, also require a clinical licensing exam. After obtaining licensure, you must maintain it through continuing education credits. Some accountants pursue advanced degrees for career advancement into education, research, or public health roles.

Related Pages

Nearby Cities in Illinois

SP

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.

Clinically reviewed by Liam Chen, CMAData verified by Amina Khan, MBA

Methodology & Data Source

Entry-level salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The 10th percentile (entry-level) is used as the starting salary benchmark for new accounting graduates. A 2.61% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to project current 2026 entry-level compensation in Collinsville. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.

Data Sources & Methodology

Salary data for Collinsville is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).

View estimation methodology

2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 2.61%, derived from historical BLS wage trends for accountants (SOC 13-2011).

Compiled and verified by Sofia Patel, CPA, a licensed accountant with 10+ years of clinical experience. · View source data at BLS.gov

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