Accountant Salary in Carpentersville, IL: $76,656 (2026)
Quick Answer:A full-time accountant in Carpentersville, IL earns a median $76,656/year (≈ $36.86/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2011). Once you factor in Carpentersville's price level (3% below national, BEA RPP 97.1), that paycheck buys what $78,945 would nationally. Nominal pay sits 2.5% below the Illinois state average.
Based on BLS state-level estimates · View source
In Carpentersville, Illinois, the projected median annual salary for accountants in 2026 is $76,656, reflecting a competitive but regionally influenced compensation structure. This figure registers approximately 10.72% below the national median of $85,864, with local salaries spanning from $54,711 at the low end (P10) to $118,816 at the high end (P90). These estimates, derived from 2025 BLS state-level data and adjusted for regional price parities, highlight the financial implications of pursuing a career in accounting within the area. With a limited number of accounting professionals (only eight employed locally), the salary dynamics reveal how factors like employer type and specialization affect earning potential in Carpentersville.
About the Carpentersville Market
Salary estimated from Illinois average ($88,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $54,711 | $26.30 |
| Lower Range (P25) | $63,088 | $30.33 |
| Median (P50)(typical) | $76,656 | $36.86 |
| Upper Range (P75) | $98,120 | $47.17 |
| Top Earners (P90) | $118,816 | $57.12 |
Median Salary Position
10.72% below the national average
2026 Salary Percentile Distribution in Carpentersville
In Carpentersville, IL, the accountant salary spread from the 10th to 90th percentile is $64,105 (2026 est.). At $76,656, the local median is 10.72% below the national median of $85,864.
Salary Calculator
At 40 hours/week in Carpentersville: You'd be in the lower-middle range
How Carpentersville Accountant Pay Compares
Carpentersville median: $76,656/year (2026)
| Compared To | Median Salary | Carpentersville Pays |
|---|---|---|
| Illinois Average | $78,621 | -2.50% less |
| National Average | $85,864 | -10.72% less |
Accountants in Carpentersville, IL earn a median of $76,656 per year (2026 est.), which is 10.72% lower than the national median of $85,864 and 2.50% below the Illinois state average of $78,621.
Cost-of-Living Adjusted Salary
Carpentersville has a cost of living 2.90% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Carpentersville, IL has a cost-of-living index of 97.1 (below the national average of 100). A accountant earning $76,656 nominally has purchasing power equivalent to $78,945 in an average-cost city — an effective 2.99% boost.
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2019 BLS Actual
$63,877
2025 BLS Actual
$74,706
2026 Current Est.
$76,656
2019–2027 Growth
+23.1%
Salary Trajectory for Accountants in Carpentersville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.61% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $63,877 | Actual |
| 2020 | $65,671 | Actual |
| 2021 | $68,966 | Actual |
| 2022 | $69,635 | Actual |
| 2023 | $71,314 | Actual |
| 2024 | $83,319 | Actual |
| 2025 | $74,706 | Actual |
| 2026(current) | $76,656 | Estimated |
| 2027 | $78,657 | Projected |
Based on 7 years of BLS OEWS data for the Carpentersville metropolitan area, the median accountant salary grew 17.0% from $63,877 (2019) to $74,706 (2025). At a 2.61% compound annual growth rate, salaries are projected to reach $78,657 by 2027 — a total increase of $14,780 (23.14%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Carpentersville 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) | $54,711 – $63,088 |
| 3-5 years (Mid Career) | $63,088 – $76,656 |
| 5+ years (Experienced) | $76,656 – $98,120 |
| 10+ years (Top Earner) | $98,120 – $118,816 |
CPA salary ranges estimated from BLS percentile data. Individual accountant compensation varies by employer, certifications, and specialization.
Accountant Job Market in Carpentersville
The local job market for accountants in Carpentersville illustrates a strategic mix of opportunities and challenges due to its cost of living index of 97.1, suggesting an affordable lifestyle compared to national averages. While Big 4 firms like Deloitte and PwC typically offer higher pay to their entry-level accountants, many individuals transition to more stable positions within industry roles that may provide better long-term cash compensation. The gap between entry-level and seasoned accountants is influenced by factors such as CPA licensure and employment tier—those at regional CPA firms or corporate accounting departments can earn a solid salary while also enjoying better work-life balance outside of the demanding busy season. For aspiring accountants, seeking specialization in high-demand areas like tax or forensic accounting can further enhance earning potential, making it crucial to evaluate local offers closely and develop skills that align with market needs.
More salary data for Carpentersville, 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
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 $74,706 for accountantsin the Carpentersville 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 Carpentersville 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