Accountant Hourly Pay in Algonquin, IL: $36.67 (2026)
Quick Answer:Hourly pay for a accountant working in Algonquin, IL runs $36.67 at the median for 2026 — annualizing to $76,290 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2011). Weighted against Algonquin's regional price level (BEA RPP 97.1, 3% below national), each hour of work buys what $37.77 nationally would. A 24-hour part-time schedule grosses $45,768 per year.
Based on BLS state-level estimates · View source
In Algonquin, Illinois, the accountant hourly pay is projected to reach a median of $36.67 in 2026, which is notably lower than the national median of $41.28 per hour. This hourly rate greatly impacts part-time and per-diem workers in various professional settings, including public firms, corporate finance departments, and tax season engagements. For those working just three days a week, this rate translates into manageable earnings while providing flexibility, ideal for individuals balancing multiple commitments. The hourly pay range in Algonquin extends from $23.81 at the lower end for entry-level roles to $56.85 for top earners, offering a broad spectrum that reflects the varying experience levels and specializations within the profession. These estimates are based on annual salary data, mirroring a common practice where hourly figures are derived from projected annual compensation.
About the Algonquin Market
Salary estimated from Illinois average ($88,000) adjusted for local cost of living.
Accountant Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $23.81 | $190.44 |
| Lower Range (P25) | $30.78 | $246.26 |
| Median (P50) | $36.67 | $293.38 |
| Upper Range (P75) | $46.94 | $375.55 |
| Top Earners (P90) | $56.85 | $454.77 |
Estimated Annual Income by Work Schedule in Algonquin
Based on $36.67/hr median hourly rate · 2026 est.
At $36.67/hr, a accountant working full-time (40 hr/wk) in Algonquin, IL can expect to earn approximately $76,279 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $44,007. With a cost-of-living index of 97.10 (below the national average), these earnings stretch further in Algonquin.
Hourly Rate Calculator
Schedule Comparison in Algonquin
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,466.91 | $6,357 | $76,279 |
| Part-Time (24 hrs) | $880.15 | $3,814 | $45,768 |
| Per Diem (16 hrs) | $586.77 | $2,543 | $30,512 |
Compare CPA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Accountant (Algonquin) | $36.67 |
| 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 Algonquin, IL earn a median of $76,290 per year (2026 est.), which is 11.15% lower than the national median of $85,864 and 3.00% below the Illinois state average of $78,649.
Accountant Hourly Pay vs. Cost of Living
Working 24h/week at $36.67/hr = $45,768/year (purchasing power: $47,135).
Working 40h/week (full-time) = $76,279/year (purchasing power: $78,558).
CoL index: 97.1 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$30.56/hr
2025 BLS Actual
$35.74/hr
2026 Current Est.
$36.67/hr
2019–2027 Growth
+23.1%
Hourly Rate Trajectory for Accountants in Algonquin (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.61% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $30.56/hr | Actual |
| 2020 | $31.42/hr | Actual |
| 2021 | $32.99/hr | Actual |
| 2022 | $33.31/hr | Actual |
| 2023 | $34.12/hr | Actual |
| 2024 | $39.87/hr | Actual |
| 2025 | $35.74/hr | Actual |
| 2026(current) | $36.67/hr | Estimated |
| 2027 | $37.63/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for accountants in Algonquin grew 17.0% from $30.56/hr (2019) to $35.74/hr (2025). At a 2.61% projected growth rate, hourly pay is expected to reach $37.63/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 Algonquin 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 Algonquin
Examining the earning potential for part-time accountants who commit to a 24-hour workweek reveals an annual income significantly lower than that of full-time professionals but still viable for those seeking a balanced lifestyle. Generally, per diem accountants in Algonquin may charge between $50 and $95 per hour based on their specific niche, with alumni from Big 4 firms earning upwards of $80 to $130 per hour during peak seasons. Forensic accountants or valuation experts working as expert witnesses can command even higher rates, billing between $300 and $600 per hour in litigation contexts. Hourly rates fluctuate widely depending on the employer; those working at Big 4 public accounting firms typically earn more than those at regional CPA firms or smaller practices. Many accountants must weigh the decision between accepting lower hourly pay that includes health benefits versus the appeal of higher pay without additional security. For individuals negotiating hourly rates in Algonquin, it’s prudent to highlight specialized skills and consider the full compensation package, including any potential job benefits that could impact overall financial well-being.
More salary data for Algonquin, IL:
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 Algonquin. 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 Algonquin 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