Accountant Salary in Lake in the Hills, IL: $76,888 (2026)
Quick Answer:A full-time accountant in Lake in the Hills, IL earns a median $76,888/year (≈ $36.97/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2011). Once you factor in Lake in the Hills's price level (3% below national, BEA RPP 97.1), that paycheck buys what $79,184 would nationally. Nominal pay sits 2.2% below the Illinois state average.
Based on BLS state-level estimates · View source
In 2026, accountants in Lake in the Hills, Illinois, can expect a median annual salary of $76,888, which reflects a competitive pay structure, albeit approximately 10.45% lower than the projected national median of $85,864. The salary range for this role varies significantly, with the lowest 10% earning around $51,152 and the upper 90% reaching up to $119,176. These figures, derived from 2025 BLS data and adjusted for local cost-of-living differences, indicate the depth of the accountant market in this area. Given its proximity to larger financial hubs and the transition many professionals make from public accounting to industry roles, the job market here remains relatively stable, providing ample opportunities for growth and advancement.
About the Lake in the Hills Market
Salary estimated from Illinois average ($88,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $51,152 | $24.60 |
| Lower Range (P25) | $60,588 | $29.13 |
| Median (P50)(typical) | $76,888 | $36.97 |
| Upper Range (P75) | $97,187 | $46.73 |
| Top Earners (P90) | $119,176 | $57.30 |
Median Salary Position
10.45% below the national average
2026 Salary Percentile Distribution in Lake in the Hills
In Lake in the Hills, IL, the accountant salary spread from the 10th to 90th percentile is $68,024 (2026 est.). At $76,888, the local median is 10.45% below the national median of $85,864.
Salary Calculator
At 40 hours/week in Lake in the Hills: You'd be in the lower-middle range
How Lake in the Hills Accountant Pay Compares
Lake in the Hills median: $76,888/year (2026)
| Compared To | Median Salary | Lake in the Hills Pays |
|---|---|---|
| Illinois Average | $78,617 | -2.20% less |
| National Average | $85,864 | -10.45% less |
Accountants in Lake in the Hills, IL earn a median of $76,888 per year (2026 est.), which is 10.45% lower than the national median of $85,864 and 2.20% below the Illinois state average of $78,617.
Cost-of-Living Adjusted Salary
Lake in the Hills 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.
Lake in the Hills, IL has a cost-of-living index of 97.1 (below the national average of 100). A accountant earning $76,888 nominally has purchasing power equivalent to $79,184 in an average-cost city — an effective 2.99% boost.
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2019 BLS Actual
$64,070
2025 BLS Actual
$74,932
2026 Current Est.
$76,888
2019–2027 Growth
+23.1%
Salary Trajectory for Accountants in Lake in the Hills (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.61% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $64,070 | Actual |
| 2020 | $65,870 | Actual |
| 2021 | $69,174 | Actual |
| 2022 | $69,846 | Actual |
| 2023 | $71,529 | Actual |
| 2024 | $83,571 | Actual |
| 2025 | $74,932 | Actual |
| 2026(current) | $76,888 | Estimated |
| 2027 | $78,894 | Projected |
Based on 7 years of BLS OEWS data for the Lake in the Hills metropolitan area, the median accountant salary grew 17.0% from $64,070 (2019) to $74,932 (2025). At a 2.61% compound annual growth rate, salaries are projected to reach $78,894 by 2027 — a total increase of $14,824 (23.14%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Lake in the Hills 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) | $51,152 – $60,588 |
| 3-5 years (Mid Career) | $60,588 – $76,888 |
| 5+ years (Experienced) | $76,888 – $97,187 |
| 10+ years (Top Earner) | $97,187 – $119,176 |
CPA salary ranges estimated from BLS percentile data. Individual accountant compensation varies by employer, certifications, and specialization.
Accountant Job Market in Lake in the Hills
With only six accountants currently employed in Lake in the Hills, the local market presents a unique scenario. A cost-of-living index of 97.1 suggests that while salaries may seem lower than the national average, purchasing power remains viable for residents. Those seeking higher compensation can explore opportunities with Big 4 accounting firms, known for offering premium pay and benefits. Alternatively, regional CPA firms present a balance between competitive salary and work-life balance. The disparity in earnings stems from various factors, including the CPA licensing path, which significantly influences salary potential, as well as specialization in fields like forensic accounting or tax, both of which command higher wages. To optimize earnings in this market, professionals should focus on obtaining key certifications and consider transitioning to industry roles where bonuses for controllership positions can substantially enhance overall compensation.
More salary data for Lake in the Hills, 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 $74,932 for accountantsin the Lake in the Hills 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 Lake in the Hills 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