These are the top five areas in the USA. that have far more than their “fair share” of accounting jobs.
Narrowing down where to look for a job can be tough. But knowing which cities employ a disproportionately high number of people in your industry gives you a sense of where you should be looking.
With the help of Deloitte's Data USA, a data visualization project that pulls together public data from the Bureau of Labor Statistics and other sources, we compiled a list of the top five areas in the U.S. with the highest Revealed Comparative Advantage (RCA) for accounting jobs. These areas employ more accountants than they “should” compared with the size of the region's labor pool and the number of employees in that occupation compared with all other occupations nationally.
The findings are grouped into adjacent areas, called PUMAs, within a state or city that have more than 100,000 people. Any area with a RCA greater than one has a disproportionately high number of accountants (Hint: aspiring accountants and those in need of tax work, look here). Sure, the usual suspect metropolises are represented, but there's at least one surprise in the top 5 below.
1. Chicagoland (Lake View & Lincoln Park, Illinois)
Median Age: 30.3
Average Income for Accountants: $90,538
The area is home to DePaul University and has easy public transportation access to Chicago's financial district. The adjacent neighborhoods are popular with young urban professionals, recent college graduates and new home owners.
2. Suburban NYC (North Hempstead Town, New York)
Median Age: 44
Average Income for Accountants: $140,780
Founded in 1784, North Hempstead borders Long Island Sound to the north and the borough of Queens to the west. It is a 30-minute train ride into the heart of New York City.
3. East Manhattan, NYC (Murray Hill, Gramercy & Stuyvesant Town)
Median Age: 36.4
Average Income for Accountants: $126,115
Adjacent to Midtown Manhattan, these three neighborhoods represent some of the youngest and most affordable areas to live on the island of Manhattan. For many, work is just a short walk away.
4. Morris County, New Jersey (Lincoln Park, New Jersey)
Median Age: 42.7
Average Income for Accountants: $86,512
Lincoln Park is a borough in Morris County, named by New Jersey Monthly as the “5th Best Place to Live in New Jersey” in 2008. Not sold yet? New Jersey transit provides easy bus and train access into New York City.
5. San Juan, Puerto Rico (Municipo Sur)
Median Age: 40.5
Average Income for Accountants: $48,106
Founded in 1521 by Juan Ponce de León, San Juan is the financial capitol of Puerto Rico (Rich Port). Many U.S. banks and corporations maintain offices and distribution centers there.
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