Accountant Salary in Marshalltown, IA: $75,632 (2026)
Quick Answer:A full-time accountant in Marshalltown, IA earns a median $75,632/year (≈ $36.36/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2011). Once you factor in Marshalltown's price level (10% below national, BEA RPP 90.4), that paycheck buys what $83,664 would nationally. Nominal pay sits 4.8% below the Iowa state average.
Based on BLS state-level estimates · View source
In 2026, the accountant salary in Marshalltown, IA is set to be a median of $75,632, which reflects a comparative dip when lined up against the national figure of $85,864. The local salary range for accountants runs from $53,341 at the 10th percentile to $117,229 at the 90th percentile, showcasing the variations in pay based on experience, role, and employer type. These figures are estimates, projected based on 2025 BLS data and regional price adjustments, indicating that the local job market offers competitive remuneration but falls short of national benchmarks. With a relatively limited number of positions, Marshalltown's market environment reflects an immediate impact of its economic structure, where local firms predominantly influence pay scales and career trajectories.
About the Marshalltown Market
Salary estimated from Iowa average ($74,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $53,341 | $25.64 |
| Lower Range (P25) | $60,091 | $28.89 |
| Median (P50)(typical) | $75,632 | $36.36 |
| Upper Range (P75) | $96,808 | $46.54 |
| Top Earners (P90) | $117,229 | $56.36 |
Median Salary Position
11.92% below the national average
2026 Salary Percentile Distribution in Marshalltown
In Marshalltown, IA, the accountant salary spread from the 10th to 90th percentile is $63,888 (2026 est.). At $75,632, the local median is 11.92% below the national median of $85,864.
Salary Calculator
At 40 hours/week in Marshalltown: You'd be in the lower-middle range
How Marshalltown Accountant Pay Compares
Marshalltown median: $75,632/year (2026)
| Compared To | Median Salary | Marshalltown Pays |
|---|---|---|
| Iowa Average | $79,445 | -4.80% less |
| National Average | $85,864 | -11.92% less |
Accountants in Marshalltown, IA earn a median of $75,632 per year (2026 est.), which is 11.92% lower than the national median of $85,864 and 4.80% below the Iowa state average of $79,445.
Cost-of-Living Adjusted Salary
Marshalltown has a cost of living 9.60% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Marshalltown, IA has a cost-of-living index of 90.4 (below the national average of 100). A accountant earning $75,632 nominally has purchasing power equivalent to $83,664 in an average-cost city — an effective 10.62% boost.
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2019 BLS Actual
$63,024
2025 BLS Actual
$73,708
2026 Current Est.
$75,632
2019–2027 Growth
+23.1%
Salary Trajectory for Accountants in Marshalltown (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.61% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $63,024 | Actual |
| 2020 | $64,794 | Actual |
| 2021 | $68,044 | Actual |
| 2022 | $68,705 | Actual |
| 2023 | $70,361 | Actual |
| 2024 | $63,713 | Actual |
| 2025 | $73,708 | Actual |
| 2026(current) | $75,632 | Estimated |
| 2027 | $77,606 | Projected |
Based on 7 years of BLS OEWS data for the Marshalltown metropolitan area, the median accountant salary grew 17.0% from $63,024 (2019) to $73,708 (2025). At a 2.61% compound annual growth rate, salaries are projected to reach $77,606 by 2027 — a total increase of $14,582 (23.14%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Marshalltown 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) | $53,341 – $60,091 |
| 3-5 years (Mid Career) | $60,091 – $75,632 |
| 5+ years (Experienced) | $75,632 – $96,808 |
| 10+ years (Top Earner) | $96,808 – $117,229 |
CPA salary ranges estimated from BLS percentile data. Individual accountant compensation varies by employer, certifications, and specialization.
Accountant Job Market in Marshalltown
Examining the accounting job market in Marshalltown reveals that currently, there are only 8 accountants employed in the area, creating a tight and somewhat competitive landscape. The cost-of-living index sits at 90.4, indicating that living expenses are beneath the national average, which can translate to greater purchasing power for accountants in the region. Notable employers within this market include mid-tier CPA firms and corporate accounting departments, which generally provide competitive salaries, especially when compared to larger firms. The gap between low and high pay in Marshalltown stems from various factors, including the requirement for a CPA license, differences among employer types, and specialized skills that may lead to additional pay premiums in fields such as tax or forensic accounting. To maximize earning potential, professionals should focus on obtaining robust certifications, continually enhancing specialized skills, and considering positions within larger firms that may offer higher starting salaries and growth opportunities.
More salary data for Marshalltown, IA:
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 $73,708 for accountantsin the Marshalltown 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 Marshalltown 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