Accountant Salary in Streamwood, IL: $75,143 (2026)
Quick Answer:A full-time accountant in Streamwood, IL earns a median $75,143/year (≈ $36.13/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2011). Once you factor in Streamwood's price level (3% below national, BEA RPP 97.1), that paycheck buys what $77,387 would nationally. Nominal pay sits 4.4% below the Illinois state average.
Based on BLS state-level estimates · View source
In 2026, accountants in Streamwood, Illinois, can expect a median annual salary of $75,143, which represents a notable dip of 12.49% when compared to the national median of $85,864. The salary range for this occupation spans from $53,432 at the 10th percentile to $116,473 at the 90th percentile, reflecting both entry-level positions and those in advanced roles with specialized skills. These figures are derived from estimates based on 2025 BLS data, adjusted for local market conditions. Streamwood's accountant job market offers varying opportunities, where the CPA license can significantly increase earnings, particularly in advanced positions that demand a higher level of expertise and responsibility.
About the Streamwood Market
Salary estimated from Illinois average ($88,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $53,432 | $25.69 |
| Lower Range (P25) | $61,696 | $29.66 |
| Median (P50)(typical) | $75,143 | $36.13 |
| Upper Range (P75) | $96,184 | $46.25 |
| Top Earners (P90) | $116,473 | $55.99 |
Median Salary Position
12.49% below the national average
2026 Salary Percentile Distribution in Streamwood
In Streamwood, IL, the accountant salary spread from the 10th to 90th percentile is $63,041 (2026 est.). At $75,143, the local median is 12.49% below the national median of $85,864.
Salary Calculator
At 40 hours/week in Streamwood: You'd be in the lower-middle range
How Streamwood Accountant Pay Compares
Streamwood median: $75,143/year (2026)
| Compared To | Median Salary | Streamwood Pays |
|---|---|---|
| Illinois Average | $78,602 | -4.40% less |
| National Average | $85,864 | -12.49% less |
Accountants in Streamwood, IL earn a median of $75,143 per year (2026 est.), which is 12.49% lower than the national median of $85,864 and 4.40% below the Illinois state average of $78,602.
Cost-of-Living Adjusted Salary
Streamwood 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.
Streamwood, IL has a cost-of-living index of 97.1 (below the national average of 100). A accountant earning $75,143 nominally has purchasing power equivalent to $77,387 in an average-cost city — an effective 2.99% boost.
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2019 BLS Actual
$62,617
2025 BLS Actual
$73,232
2026 Current Est.
$75,143
2019–2027 Growth
+23.1%
Salary Trajectory for Accountants in Streamwood (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.61% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $62,617 | Actual |
| 2020 | $64,376 | Actual |
| 2021 | $67,605 | Actual |
| 2022 | $68,261 | Actual |
| 2023 | $69,906 | Actual |
| 2024 | $81,674 | Actual |
| 2025 | $73,232 | Actual |
| 2026(current) | $75,143 | Estimated |
| 2027 | $77,105 | Projected |
Based on 7 years of BLS OEWS data for the Streamwood metropolitan area, the median accountant salary grew 17.0% from $62,617 (2019) to $73,232 (2025). At a 2.61% compound annual growth rate, salaries are projected to reach $77,105 by 2027 — a total increase of $14,488 (23.14%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Streamwood 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) | $53,432 – $61,696 |
| 3-5 years (Mid Career) | $61,696 – $75,143 |
| 5+ years (Experienced) | $75,143 – $96,184 |
| 10+ years (Top Earner) | $96,184 – $116,473 |
CPA salary ranges estimated from BLS percentile data. Individual accountant compensation varies by employer, certifications, and specialization.
Accountant Job Market in Streamwood
Within Streamwood, eight accountants are currently employed, illustrating a concentrated labor market for this profession. The cost of living index sits at 97.1, which is below the national average, suggesting a favorable environment for balancing expenses against potential earnings. For those seeking to maximize their compensation, securing a position at a Big 4 firm promises the highest pay within the local landscape, while regional CPA firms and corporate departments follow closely in remuneration. Factors influencing salary discrepancies include the CPA license's impact on pay progression, the prestige associated with public firms, and specialty roles in tax and forensic accounting which often command premium salaries. To enhance their earnings, accounting professionals in Streamwood may consider transitioning into corporate roles after gaining experience at public accounting firms, while also staying alert to seasonal demands that can lead to significant overtime pay during tax season.
More salary data for Streamwood, 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 $73,232 for accountantsin the Streamwood 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 Streamwood 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