Accountant Salary in College Park, MD: $91,612 (2026)
Quick Answer:A full-time accountant in College Park, MD earns a median $91,612/year (≈ $44.04/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2011). Once you factor in College Park's price level (9% above national, BEA RPP 109.3), that paycheck buys what $83,817 would nationally. Nominal pay sits 2.4% below the Maryland state average.
Based on BLS state-level estimates · View source
In 2026, accountants in College Park, Maryland, are projected to earn a median annual salary of $91,612, which illustrates a notable advantage compared to the national median of $85,864. This figure reflects the local market dynamics supported by various factors, such as the CPA license premium that significantly boosts earning potential, particularly when transitioning from staff to senior-level positions. Salaries for accountants in College Park range widely from $60,369 at the 10th percentile to $141,999 at the 90th percentile. These estimates are informed by 2025 BLS data, adjusted for regional cost considerations, indicating that the demand for qualified accountants remains robust in the area, underscoring College Park’s position as a favorable market for accounting professionals.
About the College Park Market
Salary estimated from Maryland average ($92,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $60,369 | $29.03 |
| Lower Range (P25) | $71,977 | $34.60 |
| Median (P50)(typical) | $91,612 | $44.04 |
| Upper Range (P75) | $117,264 | $56.37 |
| Top Earners (P90) | $141,999 | $68.27 |
Median Salary Position
6.69% above the national average
2026 Salary Percentile Distribution in College Park
In College Park, MD, the accountant salary spread from the 10th to 90th percentile is $81,630 (2026 est.). At $91,612, the local median is 6.69% above the national median of $85,864.
Salary Calculator
At 40 hours/week in College Park: You'd be in the lower-middle range
How College Park Accountant Pay Compares
College Park median: $91,612/year (2026)
| Compared To | Median Salary | College Park Pays |
|---|---|---|
| Maryland Average | $93,865 | -2.40% less |
| National Average | $85,864 | +6.69% more |
Accountants in College Park, MD earn a median of $91,612 per year (2026 est.), which is 6.69% higher than the national median of $85,864 and 2.40% below the Maryland state average of $93,865.
Cost-of-Living Adjusted Salary
College Park has a cost of living 9.30% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
College Park, MD has a cost-of-living index of 109.3 (above the national average of 100). While the nominal salary of $91,612 is competitive, the higher cost of living reduces purchasing power to an effective $83,817 — a 8.51% reduction.
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2019 BLS Actual
$76,340
2025 BLS Actual
$89,282
2026 Current Est.
$91,612
2019–2027 Growth
+23.1%
Salary Trajectory for Accountants in College Park (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.61% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $76,340 | Actual |
| 2020 | $78,485 | Actual |
| 2021 | $82,422 | Actual |
| 2022 | $83,222 | Actual |
| 2023 | $85,228 | Actual |
| 2024 | $98,160 | Actual |
| 2025 | $89,282 | Actual |
| 2026(current) | $91,612 | Estimated |
| 2027 | $94,003 | Projected |
Based on 7 years of BLS OEWS data for the College Park metropolitan area, the median accountant salary grew 17.0% from $76,340 (2019) to $89,282 (2025). At a 2.61% compound annual growth rate, salaries are projected to reach $94,003 by 2027 — a total increase of $17,663 (23.14%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the College Park 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) | $60,369 – $71,977 |
| 3-5 years (Mid Career) | $71,977 – $91,612 |
| 5+ years (Experienced) | $91,612 – $117,264 |
| 10+ years (Top Earner) | $117,264 – $141,999 |
CPA salary ranges estimated from BLS percentile data. Individual accountant compensation varies by employer, certifications, and specialization.
Accountant Job Market in College Park
The job market for accountants in College Park consists of a small yet established workforce of six professionals, making competitive salaries critical for attracting talent. With a cost-of-living index of 109.3, the local economic environment presents challenges that can impact take-home pay and purchasing power. Among various employers, the Big 4 public accounting firms often offer the highest salaries, while mid-tier CPA firms and corporate accounting departments provide competitive pay structures as well. The variation in compensation reflects factors like the CPA licensure's impact on advancement opportunities and differences in firm quality. Specialties, such as tax and forensic accounting, typically command higher premiums, enhancing overall earning potential. To maximize their pay in College Park, accountants should consider seeking opportunities in larger firms or pursuing additional certifications, while effectively managing their career trajectory in the evolving job market.
More salary data for College Park, MD:
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 $89,282 for accountantsin the College Park 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 College Park 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