Accountant Salary in Somerville, MA: $96,770 (2026)
Quick Answer:A full-time accountant in Somerville, MA earns a median $96,770/year (≈ $46.52/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2011). Once you factor in Somerville's price level (9% above national, BEA RPP 108.5), that paycheck buys what $89,189 would nationally. Nominal pay sits 1.4% above the Massachusetts state average.
Based on BLS state-level estimates · View source
In 2026, accountants in Somerville, Massachusetts, command a median annual salary of $96,770, reflecting a 12.70% increase over the national average of $85,864 for the same year. Local salaries span from $64,963 at the 10th percentile to $149,994 at the 90th percentile, underscoring significant earning potential firmly tied to professional licensure. For individuals holding a CPA license, the jump in pay from entry-level to senior positions becomes particularly noticeable. These salary estimates are rooted in projections based on 2025 BLS data and adjusted for regional pricing, providing a realistic picture of the accountant employment landscape in Somerville, which is shaped by the city's unique economic and market dynamics.
About the Somerville Market
Salary estimated from Massachusetts average ($98,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $64,963 | $31.23 |
| Lower Range (P25) | $76,914 | $36.98 |
| Median (P50)(typical) | $96,770 | $46.52 |
| Upper Range (P75) | $123,867 | $59.55 |
| Top Earners (P90) | $149,994 | $72.11 |
Median Salary Position
12.70% above the national average
2026 Salary Percentile Distribution in Somerville
In Somerville, MA, the accountant salary spread from the 10th to 90th percentile is $85,031 (2026 est.). At $96,770, the local median is 12.7% above the national median of $85,864.
Salary Calculator
At 40 hours/week in Somerville: You'd be in the lower-middle range
How Somerville Accountant Pay Compares
Somerville median: $96,770/year (2026)
| Compared To | Median Salary | Somerville Pays |
|---|---|---|
| Massachusetts Average | $95,434 | +1.40% more |
| National Average | $85,864 | +12.70% more |
Accountants in Somerville, MA earn a median of $96,770 per year (2026 est.), which is 12.70% higher than the national median of $85,864 and 1.40% above the Massachusetts state average of $95,434.
Cost-of-Living Adjusted Salary
Somerville has a cost of living 8.50% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Somerville, MA has a cost-of-living index of 108.5 (above the national average of 100). While the nominal salary of $96,770 is competitive, the higher cost of living reduces purchasing power to an effective $89,189 — a 7.83% reduction.
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2019 BLS Actual
$80,638
2025 BLS Actual
$94,309
2026 Current Est.
$96,770
2019–2027 Growth
+23.1%
Salary Trajectory for Accountants in Somerville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.61% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $80,638 | Actual |
| 2020 | $82,904 | Actual |
| 2021 | $87,062 | Actual |
| 2022 | $87,908 | Actual |
| 2023 | $90,026 | Actual |
| 2024 | $107,780 | Actual |
| 2025 | $94,309 | Actual |
| 2026(current) | $96,770 | Estimated |
| 2027 | $99,296 | Projected |
Based on 7 years of BLS OEWS data for the Somerville metropolitan area, the median accountant salary grew 17.0% from $80,638 (2019) to $94,309 (2025). At a 2.61% compound annual growth rate, salaries are projected to reach $99,296 by 2027 — a total increase of $18,658 (23.14%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Somerville 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) | $64,963 – $76,914 |
| 3-5 years (Mid Career) | $76,914 – $96,770 |
| 5+ years (Experienced) | $96,770 – $123,867 |
| 10+ years (Top Earner) | $123,867 – $149,994 |
CPA salary ranges estimated from BLS percentile data. Individual accountant compensation varies by employer, certifications, and specialization.
Accountant Job Market in Somerville
As of recent reports, there are approximately 20 accountants employed in Somerville, MA, navigating a job market characterized by a cost-of-living index of 108.5, which indicates that expenses are somewhat higher than the national average. For those seeking high-paying opportunities, large firms such as Deloitte and PwC often lead the way, particularly for accountants who begin their careers there. Alternatively, professionals can find lucrative roles in regional CPA firms or corporate accounting departments, where industry positions often provide higher take-home pay despite less prestige compared to the public accounting realm. Factors such as the CPA credential, firm type, and area of specialization play crucial roles in determining salaries, with tax and forensic accounting positions typically offering premiums. For optimal pay, aspiring accountants should focus on obtaining their CPA licensure and consider gaining experience in high-demand sectors, especially during the busy season when overtime can further bolster earnings in Somerville.
More salary data for Somerville, MA:
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 $94,309 for accountantsin the Somerville 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 Somerville 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