Accountant Salary in Homewood, AL: $71,240 (2026)
Quick Answer:A full-time accountant in Homewood, AL earns a median $71,240/year (≈ $34.25/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2011). Once you factor in Homewood's price level (12% below national, BEA RPP 87.9), that paycheck buys what $81,047 would nationally. Nominal pay sits 3.4% below the Alabama state average.
Based on BLS state-level estimates · View source
With a projected median annual salary of $71,240 in 2026, accounting professionals in Homewood, Alabama, will benefit from a competitive pay range that spans from $51,832 at the lower end to $110,422 at the upper tier. This salary reflects local estimates derived from 2025 BLS data, adjusted for regional price variances. Those who have obtained CPA licensure can expect to leverage their qualifications to secure higher-paying positions, transitioning from entry-level roles to more senior positions that significantly boost compensation. As the demand for qualified accountants continues to grow, especially in a thriving local economy, the outlook for job opportunities in Homewood remains favorable for both recent graduates and seasoned professionals.
About the Homewood Market
Salary estimated from Alabama average ($68,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $51,832 | $24.92 |
| Lower Range (P25) | $59,415 | $28.57 |
| Median (P50)(typical) | $71,240 | $34.25 |
| Upper Range (P75) | $91,187 | $43.85 |
| Top Earners (P90) | $110,422 | $53.09 |
Median Salary Position
17.03% below the national average
2026 Salary Percentile Distribution in Homewood
In Homewood, AL, the accountant salary spread from the 10th to 90th percentile is $58,590 (2026 est.). At $71,240, the local median is 17.03% below the national median of $85,864.
Salary Calculator
At 40 hours/week in Homewood: You'd be in the lower-middle range
How Homewood Accountant Pay Compares
Homewood median: $71,240/year (2026)
| Compared To | Median Salary | Homewood Pays |
|---|---|---|
| Alabama Average | $73,747 | -3.40% less |
| National Average | $85,864 | -17.03% less |
Accountants in Homewood, AL earn a median of $71,240 per year (2026 est.), which is 17.03% lower than the national median of $85,864 and 3.40% below the Alabama state average of $73,747.
Cost-of-Living Adjusted Salary
Homewood has a cost of living 12.10% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Homewood, AL has a cost-of-living index of 87.9 (below the national average of 100). A accountant earning $71,240 nominally has purchasing power equivalent to $81,047 in an average-cost city — an effective 13.77% boost.
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2019 BLS Actual
$59,364
2025 BLS Actual
$69,428
2026 Current Est.
$71,240
2019–2027 Growth
+23.1%
Salary Trajectory for Accountants in Homewood (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.61% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $59,364 | Actual |
| 2020 | $61,032 | Actual |
| 2021 | $64,093 | Actual |
| 2022 | $64,715 | Actual |
| 2023 | $66,275 | Actual |
| 2024 | $57,749 | Actual |
| 2025 | $69,428 | Actual |
| 2026(current) | $71,240 | Estimated |
| 2027 | $73,099 | Projected |
Based on 7 years of BLS OEWS data for the Homewood metropolitan area, the median accountant salary grew 17.0% from $59,364 (2019) to $69,428 (2025). At a 2.61% compound annual growth rate, salaries are projected to reach $73,099 by 2027 — a total increase of $13,735 (23.14%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Homewood 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $51,832 – $59,415 |
| 3-5 years (Mid Career) | $59,415 – $71,240 |
| 5+ years (Experienced) | $71,240 – $91,187 |
| 10+ years (Top Earner) | $91,187 – $110,422 |
CPA salary ranges estimated from BLS percentile data. Individual accountant compensation varies by employer, certifications, and specialization.
Accountant Job Market in Homewood
Looking at the broader context of accountant pay in Homewood, competition is tempered by a considerably low cost of living index of 87.9, which indicates that salaries stretch further in this region compared to many areas across the nation. Currently, only five accountants are employed in Homewood, limiting the local talent pool and creating unique opportunities for those entering the job market. Employers that tend to offer the highest salaries include regional CPA firms and corporate accounting departments, with Big 4 firms traditionally paying a premium due to their prestige and extensive training programs. However, professionals can maximize their earnings by pursuing specializations like tax or forensic accounting, which often command a premium in the marketplace. Clients who want to thrive in this market should focus on obtaining their CPA licenses and consider transitioning to higher-paying industry positions after gaining experience in public accounting, especially during the busy tax season which can lead to significant overtime pay.
More salary data for Homewood, AL:
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
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 BLS reported a median annual salary of $69,428 for accountantsin the Homewood metropolitan area. A 2.61% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Homewood 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