Median Salary
$83,110
Vs National Avg
Hourly Wage
$39.96
Dollars / Hr
Workforce
0.1k
Total Jobs
Growth
+4%
10-Year Outlook
Here is a comprehensive career guide for Accountants considering a move to Canton, Ohio.
The Salary Picture: Where Canton Stands
Cantonâs accounting job market is defined by stability and a reasonable cost of living, rather than explosive growth or high-end salaries. As a local, I can tell you the vibe is less about cutthroat corporate finance and more about steady, reliable work in manufacturing, healthcare, and private enterprise. The median salary for an accountant here is $83,110/year, which breaks down to an hourly rate of $39.96. Itâs important to frame this correctly: while this is below the national average of $86,080, your money goes significantly further in Stark County.
Letâs break it down by experience level. The 10-year job growth for the metro area is a modest but stable 4%, with 138 total accounting jobs available in the Canton metro at any given time (Bluesky data). This isn't a boomtown, but itâs not a dead end either. Itâs a solid foundation for a career focused on work-life balance and community.
Experience-Level Breakdown
| Level | Years of Experience | Typical Canton Salary Range | Key Responsibilities |
|---|---|---|---|
| Entry-Level | 0-2 | $55,000 - $65,000 | Bookkeeping, AP/AR, data entry, assisting with month-end close. |
| Mid-Level | 3-7 | $70,000 - $85,000 | General ledger management, financial reporting, tax preparation, complex reconciliations. |
| Senior-Level | 8-15 | $85,000 - $110,000 | Supervising teams, managing audits, advanced tax strategy, cost accounting, systems implementation. |
| Expert/Managerial | 15+ | $110,000+ | Controller, CFO, Partner, Director. High-level financial strategy, oversight, and stakeholder management. |
Canton vs. Other Ohio Cities
Canton sits in a middle tier for Ohio accounting salaries. Itâs more lucrative than smaller markets like Mansfield or Zanesville but falls short of the major metros.
- Columbus: The state capital, with its massive state government, insurance, and tech sectors. Salaries here can be 10-15% higher than Canton, but rent for a 1BR is closer to $1,100+.
- Cleveland: A larger industrial and corporate hub. Salaries are competitive with Columbus, but the cost of living in desirable neighborhoods like Shaker Heights or Ohio City is significantly higher.
- Cincinnati: Similar profile to Cleveland, with strong corporate headquarters (P&G, Kroger). Salaries are comparable, if not slightly higher, than Canton.
- Akron: Cantonâs direct neighbor and rival. Salaries and cost of living are nearly identical, though Akron has a slightly larger healthcare and polymer science sector.
Insider Tip: Donât chase the higher salary in Columbus if your goal is homeownership. The math often doesnât work in your favor. In Canton, you can buy a home on a mid-level salary, which is a game-changer for long-term financial health.
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đ 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
Letâs get real about your budget. The median salary of $83,110 is a gross figure. A single filer with no dependents will pay roughly 22-24% in federal, state (Ohio has a graduated income tax), and FICA taxes. After taxes, your monthly take-home pay is approximately $4,800 - $5,000.
The average rent for a 1BR apartment in Canton is $690/month. This is the cornerstone of Cantonâs financial advantage.
Monthly Budget Breakdown for an Accountant at $83,110
| Expense Category | Estimated Monthly Cost | Notes |
|---|---|---|
| Take-Home Pay | $4,900 | After taxes (approx. 24% effective rate). |
| Rent (1BR Average) | $690 | This is the city-wide average. |
| Utilities | $200 | Electricity, gas, water, internet. |
| Groceries | $350 | Clevelandâs metro area prices apply. |
| Car Payment/Insurance | $450 | Canton is car-dependent. Insurance is cheaper than major coastal cities. |
| Health Insurance | $200 | Varies by employer. |
| Retirement (10% to 401k) | $690 | Highly recommended. |
| Debt/Student Loans | $300 | Adjust based on personal situation. |
| Discretionary | $1,020 | Dining, entertainment, savings, travel. |
Can they afford to buy a home? Absolutely. The median home price in Canton is around $120,000-$150,000. With a $83,110 salary, putting 20% down on a $140,000 home (~$28,000) results in a mortgage payment (including taxes and insurance) of around $850-$950/month. This is remarkably close to the rent for a decent apartment. For a mid-career accountant earning $95,000+, homeownership is not just possible; itâs a standard step in your financial journey. The Cost of Living Index of 88.5 (US avg = 100) makes this feasible.
đ° Monthly Budget
đ Snapshot
Where the Jobs Are: Canton's Major Employers
Cantonâs job market is anchored by legacy manufacturers, a robust healthcare system, and a surprising number of private family-owned businesses. The 138 accounting jobs in the metro are spread across these sectors.
- The Timken Company: A global leader in engineered bearings and power transmission. They have a massive presence in Canton (headquartered here) and are the cityâs industrial heartbeat. Their finance department is always hiring for cost accountants, financial analysts, and internal auditors. They offer strong benefits and a culture of technical excellence.
- Aultman Health System: One of the largest healthcare providers in the region. With multiple hospitals, clinics, and a major heart center, Aultmanâs finance department is large and complex. They handle everything from patient revenue cycles to multi-million dollar capital budgets. Hiring is steady, especially for accountants with healthcare or non-profit experience.
- Cleveland Clinic Akron General (formerly Akron City Hospital): While technically in Akron, itâs the primary medical center for many Canton residents. The Cleveland Clinic system is a massive employer with extensive finance and accounting needs, offering clear career ladders.
- Diebold Nixdorf: A global leader in banking tech and retail automation, headquartered in nearby North Canton. They have a significant finance and accounting team focused on global consolidation, SOX compliance, and commercial accounting. This is a great spot for tech-oriented accountants.
- Canton City Schools: As one of the areaâs largest public employers, the school district has a dedicated business office for its multi-million dollar budget. These roles offer public sector stability, excellent benefits, and a pension.
- Local CPA Firms (e.g., Lattimore, Black, & Beck, Smoak & Company): Canton has a strong network of regional CPA firms specializing in tax, audit, and business advisory services for local manufacturers and family businesses. These are fantastic places to get broad experience and build a local client network.
Hiring Trends: Hiring is cyclical, aligning with tax seasons and year-end closings. Thereâs a growing need for accountants who understand ERP systems (like SAP or Oracle) and data analytics. Remote work is less common here than in larger cities; most roles are hybrid or fully in-office, which reflects Cantonâs traditional business culture.
Getting Licensed in OH
To advance beyond a staff accountant role and sit for the CPA exam, you must meet Ohio Board of Accountancy requirements.
- Educational Requirements: You need 150 semester hours of education, including a bachelorâs degree with a concentration in accounting. Specific coursework requirements include 24 semester hours in accounting and 30 semester hours in business. Many local candidates get their 150 hours through a Masterâs program at the University of Mount Union (in nearby Alliance) or via online programs.
- The Exam (CPA): The Uniform CPA Exam is a national requirement. You must apply through the Ohio Board of Accountancy to receive your Notice to Schedule (NTS). The exam fee is approximately $1,000-$1,200 (four sections).
- Experience: Ohio requires one year of qualifying experience (2,000 hours) under the supervision of an active, licensed CPA. This can be in public accounting, industry, government, or academia.
- Timeline & Cost: From starting education to full licensure, expect a 3-5 year timeline. Total costs (exam fees, review courses, education) can range from $5,000 to $15,000, depending on your path. The Ohio Board of Accountancy website is your primary resource for the most current rules.
Insider Tip: Start networking with local CPA firms before you finish your 150 hours. Many firms in Canton will sponsor your exam fees and provide study time if they see you as a long-term hire. The local accounting community is tight-knit.
Best Neighborhoods for Accountants
Canton is a city of distinct neighborhoods, each with a different vibe. Your commute is rarely an issueâmost drives are under 20 minutes.
- Downtown Canton: Live in the revitalized city center. Youâll be walking to coffee shops, the Pro Football Hall of Fame, and local restaurants. Commute to most employers is under 10 minutes. Great for young professionals who want an urban feel without big-city prices. Rent for a 1BR: $700 - $950.
- Jackson Township: A northern suburb, home to shopping plazas and newer subdivisions. This is where many professionals choose to raise families. Commute to Timken, Diebold Nixdorf, and Aultman is excellent. Very suburban, quiet, and safe. Rent for a 1BR: $750 - $1,000.
- Belden Village: A commercial hub on the north side with a mix of apartments, condos, and single-family homes. Extremely convenient for shopping and dining. Commute is easy to all major employers. A popular choice for mid-career professionals who value convenience. Rent for a 1BR: $800 - $1,050.
- Hartville: A small town incorporated within the Canton metro. It offers a strong, small-town community feel with a famous market. Commute to downtown Canton is about 15-20 minutes. Itâs for those who want space and quiet but still access to city jobs. Rent for a 1BR: $650 - $850.
- West Lawn/Canton SW: An older, established neighborhood with affordable homes and a diverse community. Itâs close to major highways for an easy commute. This area is seeing revitalization and is popular with first-time homebuyers. Rent for a 1BR: $550 - $750.
The Long Game: Career Growth
Cantonâs career growth is more about depth than vertical leaps. You wonât see rapid promotions to VP every 18 months, but you can build a stable, respected career.
- Specialty Premiums: Expertise in cost accounting is highly valued due to the manufacturing base (Timken, etc.). Tax specialists for family-owned businesses and non-profit accounting (for healthcare and education) also command a premium over general ledger roles.
- Advancement Paths: The most common path is Staff Accountant -> Senior Accountant -> Accounting Manager -> Controller. For those in public accounting, itâs Staff -> Senior -> Manager -> Partner. Breaking into a Controller or Director role at a mid-sized company in Canton typically requires 8-12 years of experience and a CPA license. Many accountants eventually leave large firms to become CFOs for local manufacturing or retail businesses.
- 10-Year Outlook: The 4% job growth indicates a market that will replace retiring accountants without massive expansion. Your advantage will come from being a CPA with experience in systems implementation and data analysis. The ability to move beyond traditional bookkeeping to strategic financial planning will keep you in high demand. As companies like Timken and Diebold Nixdorf modernize, they will need accountants who can bridge the old and new.
The Verdict: Is Canton Right for You?
| Pros | Cons |
|---|---|
| Extremely Low Cost of Living: Your $83,110 salary provides a lifestyle that would be out of reach in most other metros. | Limited High-End Jobs: The ceiling for salaries is lower than in Columbus or Cleveland. Top-tier corporate finance roles are scarce. |
| Stable Job Market: Anchored by major employers like Timken and Aultman, the accounting job base is resilient. | Slower Pace of Change: The business culture is traditional. Less innovation and fewer fast-growing startups. |
| Accessible Homeownership: You can realistically buy a home early in your career. | Car-Dependent City: Public transit is limited. You will need a reliable vehicle. |
| Manageable Commutes: Traffic is minimal. You can live anywhere and be at work in 15-20 minutes. | Limited Nightlife/Diversity: Compared to a major city, social and cultural options are more limited. Itâs a family-oriented town. |
Final Recommendation: Canton is an excellent choice for an accountant at the mid-career stage (5-15 years) who values financial stability, homeownership, and work-life balance over chasing the highest possible salary and a fast-paced, cutthroat corporate environment. Itâs also ideal for those with families. For a fresh graduate who wants huge networking opportunities and high energy, a larger city might be better. But for an accountant who wants to build a solid life, Canton is a hidden gem.
FAQs
1. How competitive is the job market for CPAs in Canton?
Itâs moderately competitive. While there arenât dozens of openings daily, the number of qualified CPAs is also limited. A licensed CPA with 3-5 years of experience will have a clear edge in finding a good position. Networking through the Stark County Chapter of the Ohio Society of CPAs is crucial.
2. Is it necessary to have a car in Canton?
Yes, absolutely. The city is spread out, and public transportation (SARTA) is not comprehensive. Commuting from one neighborhood to another without a car is impractical. This is a key cost factor (insurance, gas, maintenance) to include in your budget.
3. Whatâs the social scene like for young professionals?
Itâs growing but centered. The downtown area, especially around the Hall of Fame Village and Market Avenue, has bars, restaurants, and events. There are also young professional groups tied to the Chamber of Commerce and industry associations. Itâs more about local community and sports (Go Browns!) than a bustling club scene.
4. Are there opportunities to work remotely for companies outside Canton?
Yes, this has increased post-2020. Some accountants in Canton secure remote roles with national firms while enjoying the low cost of living. However, local employers still offer most of the jobs. A hybrid local/remote strategy is commonâworking for a local firm but with remote flexibility.
5. How does the weather affect the work-life balance?
Be prepared for distinct seasons. Winters are cold and snowy (the âCanton Winterâ), which can impact commutes. Summers are warm and pleasant. The local culture embraces indoor activities in winter (sports, festivals) and outdoor activities in summer. Factor seasonal clothing and car maintenance into your budget.
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