By an AccountingEdu contributing writer
Updated August 2015
The Ohio Department of Job and Family Services recently reported that between 2012 and 2022 the field of accounting is expected to add 1,546 new jobs. The accounting field is expected to experience a 13% growth rate nationwide as demand for accounting services increases.
According to the Ohio Department of Job and Family Services, the median salary for an accountant in the state was $72,951 in 2015. Experienced professionals in the top 10% of this occupational category typically held CPA licenses and earned an average of $98,138.
According to the US Bureau of Labor Statistics, accountants in Cincinnati earned $69,170 on average in 2014. In the same year, accountants in Cleveland and Dayton earned $69,980 and $72,850 respectively. Salary ranges for accountants in Ohio are attributed largely to experience, location and CPA licensure.
General accountants working for large companies in Cleveland earned between $65,656 and $83,801 a year according to the 2015 Robert Half Salary Guide. Forensic accountants in Cincinnati make even more due to the high demand for their specialized training, earning between $69,712 and $108,712 in 2015.
Controllers in Cincinnati earned between $149,175 and $203,775 according to the 2015 Robert Half Salary Guide. CFOs, experienced accounting experts who often have CPA licensure, earned between $283,969 and $454,106 in the same year.
Dayton had the highest average annual salary for accountants in Ohio, according to the Bureau of Labor Statistics’ (BLS) 2014 report. The salary for accountants in urban areas tended to be higher, according to BLS data.
The table below contains salary and employment data for accountants throughout Ohio (2014):
Tax preparers in Northwestern Ohio’s nonmetropolitan area earned an average annual salary of $27,590. Those working in urban areas like Cincinnati, Cleveland or Dayton tended to make more, according to BLS data.
The table below shows 2014 employment and salary information for tax preparers in Ohio’s metropolitan and nonmetropolitan areas: