Accountant Salary in Collinsville, IL: $76,875 (2026)
Quick Answer:A full-time accountant in Collinsville, IL earns a median $76,875/year (≈ $36.96/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2011). Once you factor in Collinsville's price level (3% below national, BEA RPP 97.1), that paycheck buys what $79,171 would nationally. Nominal pay sits 2.2% below the Illinois state average.
Based on BLS state-level estimates · View source
Accountants in Collinsville, Illinois, can expect a median annual salary of $76,875 in 2026 based on 2025 BLS data, reflecting local salary estimates adjusted for regional cost structures. The salary range for this profession in the area spans from $51,205 at the 10th percentile to $119,157 at the 90th percentile, highlighting significant disparities in compensation. This local market, while showing solid earning potential, is notably lower than the national median of $85,864 for the same year, illustrating the impact of regional economic variations on accountant pay in Collinsville, IL. As the local economy evolves and more accountants transition from public roles to industry positions, the dynamics of salary progression present both challenges and opportunities for professionals in the area.
About the Collinsville Market
Salary estimated from Illinois average ($88,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $51,205 | $24.62 |
| Lower Range (P25) | $60,564 | $29.12 |
| Median (P50)(typical) | $76,875 | $36.96 |
| Upper Range (P75) | $98,401 | $47.30 |
| Top Earners (P90) | $119,157 | $57.29 |
Median Salary Position
10.47% below the national average
2026 Salary Percentile Distribution in Collinsville
In Collinsville, IL, the accountant salary spread from the 10th to 90th percentile is $67,952 (2026 est.). At $76,875, the local median is 10.47% below the national median of $85,864.
Salary Calculator
At 40 hours/week in Collinsville: You'd be in the lower-middle range
How Collinsville Accountant Pay Compares
Collinsville median: $76,875/year (2026)
| Compared To | Median Salary | Collinsville Pays |
|---|---|---|
| Illinois Average | $78,605 | -2.20% less |
| National Average | $85,864 | -10.47% less |
Accountants in Collinsville, IL earn a median of $76,875 per year (2026 est.), which is 10.47% lower than the national median of $85,864 and 2.20% below the Illinois state average of $78,605.
Cost-of-Living Adjusted Salary
Collinsville 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.
Collinsville, IL has a cost-of-living index of 97.1 (below the national average of 100). A accountant earning $76,875 nominally has purchasing power equivalent to $79,171 in an average-cost city — an effective 2.99% boost.
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2019 BLS Actual
$64,060
2025 BLS Actual
$74,920
2026 Current Est.
$76,875
2019–2027 Growth
+23.1%
Salary Trajectory for Accountants in Collinsville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.61% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $64,060 | Actual |
| 2020 | $65,859 | Actual |
| 2021 | $69,163 | Actual |
| 2022 | $69,835 | Actual |
| 2023 | $71,518 | Actual |
| 2024 | $83,558 | Actual |
| 2025 | $74,920 | Actual |
| 2026(current) | $76,875 | Estimated |
| 2027 | $78,882 | Projected |
Based on 7 years of BLS OEWS data for the Collinsville metropolitan area, the median accountant salary grew 17.0% from $64,060 (2019) to $74,920 (2025). At a 2.61% compound annual growth rate, salaries are projected to reach $78,882 by 2027 — a total increase of $14,822 (23.14%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Collinsville 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) | $51,205 – $60,564 |
| 3-5 years (Mid Career) | $60,564 – $76,875 |
| 5+ years (Experienced) | $76,875 – $98,401 |
| 10+ years (Top Earner) | $98,401 – $119,157 |
CPA salary ranges estimated from BLS percentile data. Individual accountant compensation varies by employer, certifications, and specialization.
Accountant Job Market in Collinsville
In terms of the job market, there are currently five accountants employed in Collinsville, which indicates a limited yet specialized demand for bookkeeping expertise in the region. The cost of living index sits at 97.1, suggesting that while salaries may be lower compared to the national averages, the purchasing power remains relatively better due to the region's affordability. Among various employers, public accounting firms, especially Big 4 players like Deloitte and PwC, typically command the highest salaries, especially within entry-level roles. However, private industry positions, especially in corporate accounting, can offer competitive pay rates, often accompanied by bonus structures that enhance overall earnings. The variance in accountant pay within Collinsville is exacerbated by factors such as the CPA license, experience in public versus private accounting, and specialized skills in areas such as tax or forensic accounting. For those looking to maximize their income potential, pursuing certifications and gaining diverse experiences can be effective strategies in the Collinsville market.
More salary data for Collinsville, 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 $74,920 for accountantsin the Collinsville 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 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).
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