Median Salary
$85,666
Vs National Avg
Hourly Wage
$41.19
Dollars / Hr
Workforce
0.2k
Total Jobs
Growth
+4%
10-Year Outlook
Here is a comprehensive career guide for Accountants considering Allentown, PA.
The Allentown Accountant's Guide: A Real-World Career Analysis
Allentown doesn't have the towering skyline of Philadelphia or the bustling political energy of Harrisburg. It has something different: a grounded, practical economy centered on healthcare, manufacturing, and logistics. For an accountant, this translates to steady demand and a cost of living that doesn't break the bank. This guide is for the number-cruncher who wants the facts, not the fluff. We're looking at the data, the neighborhoods, and the day-to-day reality of building a career in the Lehigh Valley.
The Salary Picture: Where Allentown Stands
Let's start with the numbers that matter. According to the U.S. Bureau of Labor Statistics (BLS) and local market data, the financial picture for accountants in the Allentown-Bethlehem-Easton metropolitan area is solid, if not spectacular. The median salary is $85,666 per year, which breaks down to an hourly rate of $41.19. This sits just under the national average of $86,080, reflecting Allentown's slightly lower cost of living.
The job market is niche but stable. There are approximately 249 accounting jobs in the metro area at any given time. Over the last decade, the 10-year job growth for accountants is 4%. This isn't explosive growth, but it indicates resilience. The Lehigh Valley's diversified economyโfrom giant manufacturers to hospital networksโcreates a consistent need for financial oversight, ensuring that when one sector slows, another often picks up the slack.
Experience-Level Breakdown
Your earning potential in Allentown scales predictably with experience. While the median is a useful benchmark, your starting point and career ceiling will vary significantly. Hereโs a realistic breakdown of what you can expect to earn at different stages of your career in the local market.
| Experience Level | Typical Years of Experience | Estimated Annual Salary Range (Allentown) |
|---|---|---|
| Entry-Level | 0-2 years | $55,000 - $68,000 |
| Mid-Level | 3-7 years | $70,000 - $90,000 |
| Senior-Level | 8-14 years | $90,000 - $115,000 |
| Expert/Managerial | 15+ years | $115,000 - $140,000+ |
Insider Tip: The jump from mid-level to senior often happens around the CPA mark. In Allentown, a CPA certification can add a 10-15% premium to your salary, moving you from the $70k-$90k bracket into the $90k-$115k range faster than in a non-CPA track.
Comparison to Other PA Cities
How does Allentown stack up against its Pennsylvania peers? Allentown is a mid-tier city in terms of accounting salaries. It offers a better balance of pay and cost of living than the expensive Philadelphia metro but trails the higher-paying hubs of Pittsburgh and Harrisburg, where state government and large corporate HQs drive wages up.
| City | Median Salary | Cost of Living Index (US Avg=100) | Job Market Size |
|---|---|---|---|
| Allentown | $85,666 | 98.4 | Moderate |
| Philadelphia | $89,140 | 105.2 | Large |
| Pittsburgh | $87,520 | 99.2 | Large |
| Harrisburg | $87,110 | 94.1 | Moderate |
| Lancaster | $79,450 | 97.5 | Small |
Allentown's sweet spot is its affordability. You take a slight salary dip compared to Philadelphia, but your rent and daily expenses are significantly lower, which can lead to more disposable income.
๐ Compensation Analysis
๐ Earning Potential
Wage War Room
Real purchasing power breakdown
Select a city above to see who really wins the salary war.
The Real Take-Home: After Taxes and Rent
The median salary of $85,666 is a pre-tax, pre-deduction figure. Let's see what it actually means for your wallet in Allentown.
Monthly Budget Breakdown for an Accountant Earning $85,666
- Gross Monthly Income: $7,139
- Estimated Taxes (Federal, FICA, State - PA has a flat 3.07% income tax): ~$1,750
- Net Monthly Take-Home Pay: ~$5,389
- Average 1BR Rent (Allentown): $1,137
- Remaining After Rent: $4,252
This leaves you with about $4,252 per month for utilities, groceries, car payments, insurance, debt repayment, and savings. Allentown is a car-dependent city, so a car payment and insurance are non-negotiable for most residents, likely eating another $500-$700 from your budget. This still leaves a comfortable cushion for savings and discretionary spending, especially compared to major metros where rent can consume 40%+ of your income.
Can they afford to buy a home?
Yes, absolutely. The median home price in the Allentown metro area hovers around $250,000. With a $85,666 salary, a 20% down payment ($50,000) is a significant but achievable goal over a few years of saving. A standard 30-year mortgage on a $200,000 loan at current interest rates would be roughly $1,200-$1,400/month, which is very manageable on that take-home pay. The homeownership rate in the area is high (around 65%), reflecting the attainability of property here.
๐ฐ Monthly Budget
๐ Snapshot
Where the Jobs Are: Allentown's Major Employers
Allentown's job market is a mix of legacy industries and modern healthcare giants. The "Fortune 500" presence is light, but the mid-market and large non-profit sectors are robust. Here are the key players you'll encounter:
Lehigh Valley Health Network (LVHN): One of the region's largest employers. They hire accountants for revenue cycle management, cost accounting for clinical departments, and general financial reporting. With LVHN's continued expansion (including their new tower in Center Valley), the finance department is always growing. Hiring is steady, with a preference for CPAs for senior roles.
St. Luke's University Health Network: The other major healthcare provider in the region, with its flagship hospital in Bethlehem but a massive presence in Allentown. Their finance teams are sophisticated, handling everything from multi-entity consolidation to grant accounting. They are known for offering strong benefits and stability.
Air Products and Chemicals (APD): A global industrial gas company headquartered in Trexlertown, just outside Allentown. This is a top-tier employer for corporate accountants. They have opportunities in financial planning & analysis (FP&A), internal audit, and tax accounting. The environment is professional and often requires a CPA and several years of experience.
PPL Corporation: An energy utility headquartered in Allentown. PPL employs accountants for regulatory reporting, financial analysis, and treasury functions. The work is highly regulated, requiring meticulous attention to detail. This is a great place for those interested in utility accounting.
OraSure Technologies: A medical device and diagnostic company with a significant presence in Bethlehem. They offer roles in corporate accounting, SEC reporting, and internal controls. The environment is a blend of biotech and manufacturing accounting.
Major Regional Firms: The "Big 4" accounting firms (PwC, Deloitte, EY, KPMG) have smaller offices in the Lehigh Valley, primarily serving local clients. The larger regional and local firms like Brown, Schultz, Sheridan & Fritz (BSSF) and Lauricella & Company are major employers for audit and tax professionals, offering a traditional public accounting career path with a local focus.
Hiring Trends: There's a noticeable shift toward FP&A and data analytics roles. Companies are moving beyond basic bookkeeping and need accountants who can interpret data and drive business decisions. Remote work has also created hybrid opportunities, but many employers still prefer a local presence for team collaboration.
Getting Licensed in PA
To advance beyond a staff accountant role in Pennsylvania, licensure is key. The state follows the "Three E's": Education, Examination, and Experience.
State-Specific Requirements:
- Education: You need 150 semester hours of college credit, with a bachelor's degree and a concentration in accounting (typically 24-30 accounting-specific credits and 24 business credits). Most aspiring CPAs in Allentown get their undergraduate degree at Lehigh University or Muhlenberg College and then complete a Master's in Accounting or the remaining credits at Lehigh Carbon Community College (LCCC) or Northampton Community College (NCC).
- Examination: Pass all four sections of the Uniform CPA Exam (AUD, BEC, FAR, REG). You can sit for the exam with 120 credits (before the full 150), but you cannot be licensed until you meet the full requirement.
- Experience: You need one year (2,000 hours) of qualifying accounting experience under the supervision of a licensed CPA. This can be in public accounting, industry, government, or academia.
Costs & Timeline:
- Costs: Exam fees are approximately $1,500 total (varies by state). Review courses range from $1,500 to $3,000. Application and initial licensing fees with the Pennsylvania State Board of Accountancy add another $200-$300.
- Timeline: From starting your 150-credit education track to passing the exam and gaining experience, expect a 3-to-5-year journey. A common path is: 4-year bachelor's, 1-year Master's, 6-12 months to pass all exam sections, and 1 year of work experience.
Insider Tip: Pennsylvania does not require the AICPA ethics exam for initial licensure, but you will need to complete the state's specific ethics course, which is a cheaper and simpler step.
Best Neighborhoods for Accountants
Allentown's neighborhoods offer distinct lifestyles. Your choice will depend on your commute, budget, and personal preferences.
Center Valley: This is the modern, suburban hub. It's home to Lehigh Valley Health Network's new hospital, the Promenade Shops (a high-end mall), and corporate offices (like Air Products). Commute to major employers is under 15 minutes. It's clean, safe, and family-friendly, but rent is higher.
- Rent Estimate (1BR): $1,300 - $1,500
West End: A historic, charming neighborhood with Victorian homes and tree-lined streets. It's walkable, close to downtown Allentown, and has a growing number of restaurants and cafes. Commute times are excellent for downtown offices. It's a favorite for young professionals who want character without the urban grit.
- Rent Estimate (1BR): $1,000 - $1,200
South Side Allentown: More urban and gritty, with a mix of residential and light commercial. It's less polished but offers lower rents and proximity to the Lehigh River and the Allentown Art Museum. Commute times are quick to most areas. This is a budget-conscious choice for someone focused on saving money.
- Rent Estimate (1BR): $850 - $1,100
Macungie / Emmaus: Technically outside Allentown but part of the metro. These are small, tight-knit boroughs with a strong sense of community. They offer a quieter, small-town feel while being a 15-20 minute drive to major employment centers. Ideal for those with families or who prefer a slower pace.
- Rent Estimate (1BR): $1,100 - $1,300
Allentown's "West End" (as a city neighborhood): Not to be confused with the suburb, this is the city's most desirable residential area. It's walkable to the Allentown Farmers Market and has a mix of professionals. It's a great middle ground between urban and suburban.
- Rent Estimate (1BR): $950 - $1,250
The Long Game: Career Growth
In Allentown, career advancement is less about jumping to a new city and more about deepening a specialty.
Specialty Premiums:
- CPA Certification: As noted, this is the single biggest salary booster.
- CMA (Certified Management Accountant): Excellent for industry roles at companies like Air Products or PPL. It signals expertise in financial planning and analysis. Expect a 5-10% premium.
- CISA (Certified Information Systems Auditor): Highly valuable at healthcare networks and larger corporations dealing with complex IT systems and data security.
Advancement Paths:
The most common path is from staff accountant to senior, then to accounting manager or controller. In public accounting, the track is staff to senior to manager to partner. With the growth of data analytics, a new path is emerging: Accountant โ Financial Analyst โ FP&A Manager.
10-Year Outlook:
The 4% job growth suggests stability, not frenzy. Automation will continue to handle routine bookkeeping and data entry, meaning the demand will shift toward accountants who can interpret data, manage complex systems, and provide strategic advice. The healthcare sector will remain a stable engine of growth, and as the Lehigh Valley continues to attract businesses from New Jersey and New York, the demand for sophisticated accounting services will slowly increase.
The Verdict: Is Allentown Right for You?
Allentown is a pragmatic choice. It won't offer the highest salary or the most glamorous social scene, but it provides a solid, balanced career foundation for an accountant.
| Pros | Cons |
|---|---|
| Affordable Cost of Living: Your salary goes further here than in major metros. | Limited "Big Name" Employers: Fewer Fortune 500 HQs compared to Philly or Pittsburgh. |
| Stable, Diverse Economy: Strong healthcare, manufacturing, and logistics sectors. | Car Dependency: You will need a car; public transit is limited. |
| Manageable Commutes: 15-25 minutes is typical from most neighborhoods to work. | Slower Pace: The nightlife and cultural scene are quieter than in larger cities. |
| High Homeownership Potential: Attainable housing market for a professional salary. | Job Growth is Modest: 4% growth means opportunities are steady but competitive. |
| Central Location: Easy access to Philadelphia, NYC, and the Poconos for weekend trips. | Weather: Winters can be long and gray; summers are humid. |
Final Recommendation:
Allentown is ideal for the accountant who values stability, affordability, and work-life balance over the high-stakes, high-cost career in a major coastal city. It's perfect for those planning to buy a home, start a family, and build a long-term career with a steady employer like a hospital or utility company. If you're a CPA looking to climb the corporate ladder at a mid-sized public company or in a specialized industry, Allentown offers a surprising depth of opportunity.
FAQs
Q1: Is it necessary to have a CPA license to get a good accounting job in Allentown?
No, it's not strictly necessary for all roles. You can have a successful career as a staff accountant, bookkeeper, or in AP/AR without one. However, for any senior-level, managerial, or public accounting position, a CPA is expected and will significantly increase your earning potential and job options.
Q2: How competitive is the job market for entry-level accountants?
It's moderately competitive. The 249 jobs in the metro area include roles at all levels. With a bachelor's degree and some internship experience (particularly in healthcare or manufacturing), you should be able to find a position. Using local colleges' career services (Lehigh, Muhlenberg, LCCC) is a major advantage.
Q3: What's the commute like from the suburbs to Allentown's city center?
Very manageable. From Center Valley, it's about a 15-minute drive. From the more rural areas like Macungie, it's 20-25 minutes. Traffic is heaviest on I-78 and Route 22 during rush hour, but Allentown doesn't have the gridlock of a larger city. Most professionals expect a 20-minute commute.
Q4: Are remote accounting jobs common in Allentown?
Hybrid and remote options have increased post-pandemic, especially in corporate accounting roles. However, many employers, particularly in healthcare and manufacturing, still value a local presence for collaboration and site visits. Public accounting firms are more likely to offer hybrid work. It's best to search on platforms like LinkedIn while filtering for "Allentown, PA" and "remote" but also applying to local firms.
Q5: What's the professional community like for accountants in Allentown?
It's active but not as large as in Philadelphia. The Lehigh Valley Chapter of the Pennsylvania Institute of CPAs (PICPA) holds regular networking events, CPE courses, and social gatherings. Attending these is an excellent way to meet local professionals, find mentors, and learn about unadvertised job openings. It's a tight-knit community where reputation matters.
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