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salary information

Salary Information for a Accountant in Milwaukee, WI

Median salary:

This data reflects Total Cash for a Level 1 Accountant at a mid-size company. To get more detailed information on total compensation for the role of Accountant in Milwaukee, WI, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

25th percentile
50th percentile
75th percentile

Behind the numbers

What is the adjusted total comp for a Accountant in Milwaukee, WI?

Total Comp (TC)
Cost of Living (COL) Index
COL-Adjusted TC
Median Home Price

Total Comp (TC)

Cost of Living (COL) Index
COL-Adjusted TC

Median Home Price

What are the responsibilities of an Accountant in Milwaukee, WI?

Prepare financial statements, record journal entries and reconcile books. May specialize in areas of accounting (tax, revenue recognition, etc)

What are the characteristics of a level 1 Accountant?

A level 1 Accountant in Milwaukee, WI is a developing professional and technical expertise. They are able to resolve routine issues and problems and have an average of 1 year of work experience.

Accountant

Benchmark Role

Individual Contributor

Job Type

Accounting

Job Family

Business

Job Area

Quality of Life in Milwaukee, WI on a $61,600 Salary

Overview

Milwaukee, WI, offers a vibrant urban environment with an array of cultural, recreational, and economic opportunities. A salary of $61,600 per year positions an individual relatively comfortably within the city's cost of living spectrum when compared to the broader United States.

Cost of Living

  • Affordability: Milwaukee's cost of living index is typically below the national average. Essentials such as groceries, utilities, and transportation are more affordable than in large metropolitan areas like New York or San Francisco.
  • Taxes: Wisconsin's income tax rates are moderate compared to other states, but the property tax rates are relatively high.

Housing Market

  • Home Prices: The average home price in Milwaukee is generally lower than the national average. This makes homeownership more accessible for those earning around $61,600.
  • Renting: Rental prices are competitive, with a range of options that allow for quality living within budget constraints, especially outside the most desirable neighborhoods.

Quality of Life

  • Cultural and Recreational Activities: Milwaukee offers a variety of cultural festivals, a robust arts scene, and numerous parks and lakeside activities, enhancing the quality of life.
  • Community and Safety: While certain neighborhoods are vibrant and thriving, some areas face challenges related to crime. Safety can be neighborhood-dependent.

Access to Healthcare

  • Healthcare Facilities: The city hosts several reputable hospitals and healthcare facilities. Access to quality healthcare is generally good, though like many places, it depends on insurance coverage.
  • Healthcare Costs: Medical expenses are a significant consideration, but not significantly higher than the national average.

Quality of K-12 Schools

  • Public Education: Milwaukee has a diverse range of public schools, with some recognized for academic excellence, although others face funding and performance challenges.
  • Private and Charter Schools: A variety of private and charter schools provide alternative education options, appealing to families seeking specific educational environments.

Summary

With a salary of $61,600, an individual in Milwaukee, WI, is likely to experience a comfortable lifestyle, with access to affordable housing and a reasonable cost of living. The city offers a rich cultural landscape, satisfactory healthcare access, and diverse educational opportunities, although experiences can vary significantly depending on the neighborhood. Overall, Milwaukee provides a balanced quality of life for those in this income bracket.

See salary information for the Accountant role elsewhere in the United States

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OpenComp aggregates multiple data sources to provide accurate salary data for Milwaukee, WI, specifically for a Level 1 Accountant. The primary source is real-time, crowd-sourced salary information collected through direct integrations with hundreds of customer-connected HRIS platforms.

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