Accountant Hourly Pay in New London, CT: $40.43 (2026)
Quick Answer:Hourly pay for a accountant working in New London, CT runs $40.43 at the median for 2026 — annualizing to $84,085 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2011). Weighted against New London's regional price level (BEA RPP 107.9, 8% above national), each hour of work buys what $37.47 nationally would. A 24-hour part-time schedule grosses $50,455 per year.
Based on BLS state-level estimates · View source
In New London, Connecticut, the accountant hourly pay is projected to reach a median of $40.43 in 2026, slightly below the national median of $41.28. For those working part-time, such as staff in client engagement rooms, corporate finance offices, or IRS field cubicles, this means a solid income potential even with a reduced schedule, particularly for positions requiring less than a full-time commitment. Accountants may find opportunities in various settings, including remote tax work during busy seasons, which couples flexibility with considerable earning capacity. The hourly pay range extends from $29.08 for entry-level positions to $62.66 for top earners, reflecting the diverse skill sets and responsibilities across the profession.
About the New London Market
Salary estimated from Connecticut average ($95,000) adjusted for local cost of living.
Accountant Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $29.08 | $232.64 |
| Lower Range (P25) | $33.56 | $268.51 |
| Median (P50) | $40.43 | $323.43 |
| Upper Range (P75) | $51.75 | $413.97 |
| Top Earners (P90) | $62.66 | $501.31 |
Estimated Annual Income by Work Schedule in New London
Based on $40.43/hr median hourly rate · 2026 est.
At $40.43/hr, a accountant working full-time (40 hr/wk) in New London, CT can expect to earn approximately $84,091 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $48,514. With a cost-of-living index of 107.90 (above the national average), these earnings may be offset by higher expenses in New London.
Hourly Rate Calculator
Schedule Comparison in New London
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,617.13 | $7,008 | $84,091 |
| Part-Time (24 hrs) | $970.28 | $4,205 | $50,455 |
| Per Diem (16 hrs) | $646.85 | $2,803 | $33,636 |
Compare CPA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Accountant (New London) | $40.43 |
| Financial Analyst (National Avg) | $47.61 |
| Bookkeeping / Accounting Clerk (National Avg) | $22.93 |
| Auditor (National Avg) | $39.88 |
| Tax Examiner / Collector (National Avg) | $29.61 |
Accountants in New London, CT earn a median of $84,085 per year (2026 est.), which is 2.07% lower than the national median of $85,864 and 13.70% below the Connecticut state average of $97,433.
Accountant Hourly Pay vs. Cost of Living
Working 24h/week at $40.43/hr = $50,455/year (purchasing power: $46,760).
Working 40h/week (full-time) = $84,091/year (purchasing power: $77,934).
CoL index: 107.9 (100 = national average).
2019 BLS Actual
$33.69/hr
2025 BLS Actual
$39.40/hr
2026 Current Est.
$40.43/hr
2019–2027 Growth
+23.1%
Hourly Rate Trajectory for Accountants in New London (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.61% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $33.69/hr | Actual |
| 2020 | $34.64/hr | Actual |
| 2021 | $36.37/hr | Actual |
| 2022 | $36.73/hr | Actual |
| 2023 | $37.61/hr | Actual |
| 2024 | $47.46/hr | Actual |
| 2025 | $39.40/hr | Actual |
| 2026(current) | $40.43/hr | Estimated |
| 2027 | $41.48/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for accountants in New London grew 17.0% from $33.69/hr (2019) to $39.40/hr (2025). At a 2.61% projected growth rate, hourly pay is expected to reach $41.48/hr by 2027. Part-time and per-diem accountants can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the New London metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 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.
Working as an Hourly Accountant in New London
Part-time accountants in New London working 24 hours a week generally earn a substantial yet lesser amount than their full-time counterparts. While a full-time accountant bringing in $84,085 annually may seem appealing, these part-time professionals earn less overall, considering their limited hours. Per diem accountant pay in New London can fluctuate significantly, with contract accountants typically charging between $50 and $95 per hour, depending on their specific areas of expertise. Higher rates apply to Big 4 alumni during busy seasons, with some filling in at rates upwards of $80-$130 per hour. Additionally, specialized forensic accountants can bill $300-$600 per hour in litigation contexts. Rates often vary depending on the employer; major public accounting firms typically provide lower hourly pay compared to corporate positions that offer more comprehensive benefit packages. For those negotiating hourly pay, understanding the market rates and being aware of the trade-offs between lower rates with benefits and higher rates without can be crucial in securing favorable terms.
More salary data for New London, CT:
Frequently Asked Questions
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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
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 2.61% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for accountants in New London. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for New London is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
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