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As of August 01, 2026, the average salary for a Managerial Accounting in Illinois is $64,275 per year, which breaks down to an hourly rate of $31.
However, a Managerial Accounting's salary can vary significantly. Here’s a look at the typical salary range:
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Managerial Accounting Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $70,811 | $5,901 | $1,362 | $34 |
| Average | $64,275 | $5,356 | $1,236 | $31 |
| 25th Percentile | $59,773 | $4,981 | $1,149 | $29 |
Southern Glazer's Wine&Spirits - MONTBELLO, CO
CF Industries - WOODWARD, OK
Milton Hershey School - SWATARA STA, PA
Milton Hershey School - SHOEMAKERSVILLE, PA
A Managerial Accounting's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Managerial Accounting's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Managerial Accounting | $63,025 |
| Intermediate Level Managerial Accounting | $63,212 |
| Senior Level Managerial Accounting | $64,150 |
| Specialist Level Managerial Accounting | $66,412 |
| Expert Level Managerial Accounting | $67,270 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Managerial Accountings. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Managerial Accounting roles, the industry you choose can affect earning potential by as much as 60% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Energy & Utilities sectors offer the strongest compensation, at 40% above the average. In contrast, Managerial Accounting positions in Hospitality & Leisure or Retail & Wholesale typically offer lower base pay, as these industries often view Managerial Accounting as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Pharmaceuticals | $89,985 | $43.0 | 40% |
| Energy & Utilities | $77,130 | $37.0 | 20% |
| Aerospace & Defense | $70,703 | $34.0 | 10% |
| Biotechnology | $70,703 | $34.0 | 10% |
| Insurance | $70,703 | $34.0 | 10% |
Understanding how a Managerial Accounting's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $70,811 | $5,901 | $1,362 | $34 |
| Average | $64,275 | $5,356 | $1,236 | $31 |
| 25th Percentile | $59,773 | $4,981 | $1,149 | $29 |
Ready to take the next step in your career? Browse thousands of current Managerial Accounting job openings on our job board. Use the search bar below to find your perfect match.
Milton Hershey School
MUHLENBURG PARK, PA
Milton Hershey School | MUHLENBURG PARK, PA
Milton Hershey School seeks an Accounting Manager to lead day-to-day accounting for its mission-driven residential educational community. The role oversees... more
16 Days Ago
Milton Hershey School
CAMP HILL, PA
Milton Hershey School | CAMP HILL, PA
Milton Hershey School seeks an Accounting Manager to lead day-to-day accounting for its mission-driven residential educational community. The role oversees... more
16 Days Ago
Milton Hershey School
DOOLEYVILLE, PA
Milton Hershey School | DOOLEYVILLE, PA
Milton Hershey School seeks an Accounting Manager to lead day-to-day accounting for its mission-driven residential educational community. The role oversees... more
16 Days Ago
Milton Hershey School
REXMONT, PA
Milton Hershey School | REXMONT, PA
Milton Hershey School seeks an Accounting Manager to lead day-to-day accounting for its mission-driven residential educational community. The role oversees... more
16 Days Ago
Milton Hershey School
DONALDSON, PA
Milton Hershey School | DONALDSON, PA
Milton Hershey School seeks an Accounting Manager to lead day-to-day accounting for its mission-driven residential educational community. The role oversees... more
16 Days Ago
Milton Hershey School
SINSHEIM, PA
Milton Hershey School | SINSHEIM, PA
Milton Hershey School seeks an Accounting Manager to lead day-to-day accounting for its mission-driven residential educational community. The role oversees... more
16 Days Ago
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