Accountant Salary in Madisonville, KY: $73,481 (2026)
Quick Answer:A full-time accountant in Madisonville, KY earns a median $73,481/year (≈ $35.33/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2011). Once you factor in Madisonville's price level (11% below national, BEA RPP 89.3), that paycheck buys what $82,286 would nationally. Nominal pay sits 4.7% below the Kentucky state average.
Based on BLS state-level estimates · View source
In 2026, accountants in Madisonville, Kentucky, are projected to earn a median annual salary of $73,481. This local figure reflects a competitive salary range, with entry-level positions starting at approximately $51,177 and experienced professionals earning up to $113,896. These estimates are informed by 2025 BLS data, adjusted for regional cost factors, indicating that while the figures are promising, they fall below the national median of $85,864. The local job market offers unique opportunities, particularly with the transition from public accounting to industry roles, which many professionals in Madisonville pursue to enhance their lifetime earning potential.
About the Madisonville Market
Salary estimated from Kentucky average ($70,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $51,177 | $24.61 |
| Lower Range (P25) | $59,293 | $28.51 |
| Median (P50)(typical) | $73,481 | $35.33 |
| Upper Range (P75) | $91,932 | $44.19 |
| Top Earners (P90) | $113,896 | $54.75 |
Median Salary Position
14.42% below the national average
2026 Salary Percentile Distribution in Madisonville
In Madisonville, KY, the accountant salary spread from the 10th to 90th percentile is $62,719 (2026 est.). At $73,481, the local median is 14.42% below the national median of $85,864.
Salary Calculator
At 40 hours/week in Madisonville: You'd be in the lower-middle range
How Madisonville Accountant Pay Compares
Madisonville median: $73,481/year (2026)
| Compared To | Median Salary | Madisonville Pays |
|---|---|---|
| Kentucky Average | $77,105 | -4.70% less |
| National Average | $85,864 | -14.42% less |
Accountants in Madisonville, KY earn a median of $73,481 per year (2026 est.), which is 14.42% lower than the national median of $85,864 and 4.70% below the Kentucky state average of $77,105.
Cost-of-Living Adjusted Salary
Madisonville 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.
Madisonville, KY has a cost-of-living index of 89.3 (below the national average of 100). A accountant earning $73,481 nominally has purchasing power equivalent to $82,286 in an average-cost city — an effective 11.98% boost.
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2019 BLS Actual
$61,231
2025 BLS Actual
$71,612
2026 Current Est.
$73,481
2019–2027 Growth
+23.1%
Salary Trajectory for Accountants in Madisonville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 2.61% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $61,231 | Actual |
| 2020 | $62,951 | Actual |
| 2021 | $66,109 | Actual |
| 2022 | $66,751 | Actual |
| 2023 | $68,360 | Actual |
| 2024 | $59,551 | Actual |
| 2025 | $71,612 | Actual |
| 2026(current) | $73,481 | Estimated |
| 2027 | $75,399 | Projected |
Based on 7 years of BLS OEWS data for the Madisonville metropolitan area, the median accountant salary grew 17.0% from $61,231 (2019) to $71,612 (2025). At a 2.61% compound annual growth rate, salaries are projected to reach $75,399 by 2027 — a total increase of $14,168 (23.14%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Madisonville 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) | $51,177 – $59,293 |
| 3-5 years (Mid Career) | $59,293 – $73,481 |
| 5+ years (Experienced) | $73,481 – $91,932 |
| 10+ years (Top Earner) | $91,932 – $113,896 |
CPA salary ranges estimated from BLS percentile data. Individual accountant compensation varies by employer, certifications, and specialization.
Accountant Job Market in Madisonville
Within Madisonville, the job market for accountants is relatively small, with only five professionals employed in the area. This limited pool suggests a need for accounting services, potentially enabling competitive pay structures despite the lower cost of living, with a cost-of-living index of 89.3. Given this economic backdrop, local firms, especially boutique practices and mid-tier CPA companies, may offer attractive compensation relative to market demands. The variance in accountant pay in Madisonville KY can be significant, driven by factors such as CPA licensure, firm size, and specialization in areas like tax or forensic accounting. For those looking to maximize their earning potential, pursuing CPA certification and gaining diverse experience across different sectors could be key strategies in this local market.
More salary data for Madisonville, KY:
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 $71,612 for accountantsin the Madisonville 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 Madisonville 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