Accountant Salary in Florence, KY: $76,431 (2026)
Quick Answer:A full-time accountant in Florence, KY earns a median $76,431/year (≈ $36.74/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2011). Once you factor in Florence's price level (11% below national, BEA RPP 89.3), that paycheck buys what $85,589 would nationally. Nominal pay sits 0.9% below the Kentucky state average.
Based on BLS state-level estimates · View source
Florence KY offers an attractive median annual salary of $76,431 for accountants, highlighting a competitive local market. The salary range here spans from $52,603 at the 10th percentile to as much as $118,468 at the 90th percentile, reflecting the varying levels of expertise and experience within the profession. These figures, derived from 2025 BLS data and adjusted for regional pricing, illustrate the differences in compensation for accountants based on their employment settings. Accountants in Florence often face a structural divide in salary expectations between Big 4 firms, regional CPA firms, and corporate settings, which impacts hiring and retention strategies in this locale, particularly as many professionals move to industry roles within five years of starting their careers.
About the Florence Market
Salary estimated from Kentucky average ($70,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $52,603 | $25.29 |
| Lower Range (P25) | $61,464 | $29.55 |
| Median (P50)(typical) | $76,431 | $36.74 |
| Upper Range (P75) | $97,751 | $47.00 |
| Top Earners (P90) | $118,468 | $56.96 |
Median Salary Position
10.99% below the national average
2026 Salary Percentile Distribution in Florence
In Florence, KY, the accountant salary spread from the 10th to 90th percentile is $65,865 (2026 est.). At $76,431, the local median is 10.99% below the national median of $85,864.
Salary Calculator
At 40 hours/week in Florence: You'd be in the lower-middle range
How Florence Accountant Pay Compares
Florence median: $76,431/year (2026)
| Compared To | Median Salary | Florence Pays |
|---|---|---|
| Kentucky Average | $77,125 | -0.90% less |
| National Average | $85,864 | -10.99% less |
Accountants in Florence, KY earn a median of $76,431 per year (2026 est.), which is 10.99% lower than the national median of $85,864 and 0.90% below the Kentucky state average of $77,125.
Cost-of-Living Adjusted Salary
Florence has a cost of living 10.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Florence, KY has a cost-of-living index of 89.3 (below the national average of 100). A accountant earning $76,431 nominally has purchasing power equivalent to $85,589 in an average-cost city — an effective 11.98% boost.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$63,690
2025 BLS Actual
$74,487
2026 Current Est.
$76,431
2019–2027 Growth
+23.1%
Salary Trajectory for Accountants in Florence (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.61% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $63,690 | Actual |
| 2020 | $65,479 | Actual |
| 2021 | $68,763 | Actual |
| 2022 | $69,431 | Actual |
| 2023 | $71,104 | Actual |
| 2024 | $61,942 | Actual |
| 2025 | $74,487 | Actual |
| 2026(current) | $76,431 | Estimated |
| 2027 | $78,426 | Projected |
Based on 7 years of BLS OEWS data for the Florence metropolitan area, the median accountant salary grew 17.0% from $63,690 (2019) to $74,487 (2025). At a 2.61% compound annual growth rate, salaries are projected to reach $78,426 by 2027 — a total increase of $14,736 (23.14%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Florence 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) | $52,603 – $61,464 |
| 3-5 years (Mid Career) | $61,464 – $76,431 |
| 5+ years (Experienced) | $76,431 – $97,751 |
| 10+ years (Top Earner) | $97,751 – $118,468 |
CPA salary ranges estimated from BLS percentile data. Individual accountant compensation varies by employer, certifications, and specialization.
Accountant Job Market in Florence
On the ground, the accounting job market in Florence currently employs seven accountants, presenting a modest level of opportunity for local talent. The cost of living index stands at 89.3, indicating that overall living expenses are lower than the national average, which can enhance actual take-home purchasing power for accountants in the region. Among the various employer types, Big 4 firms typically offer higher salaries but may require longer hours, especially during tax season, while local firms and corporate accounting departments might provide better work-life balance. Compensation variety is driven by factors such as whether a CPA license is held, the prestige of the firm, and the specialization of the accountant's role. Aspiring accountants can maximize their earning potential in Florence by strategically networking within the Big 4 and seeking out industry roles that offer better cash compensation, especially as they gain more experience.
More salary data for Florence, KY:
Frequently Asked Questions
How much do accountants make in Florence, KY in 2026?
Is Florence, KY a good place to work as a accountant?
Can accountants make $100K in Florence?
What is the cost-of-living adjusted accountant salary in Florence?
How much does a accountant make per hour in Florence?
Related Pages
Compare Salaries
Career Resources
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 $74,487 for accountantsin the Florence 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 Florence 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