Median Salary
$87,784
Above National Avg
Hourly Wage
$42.2
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
The Salary Picture: Where Gresham Stands
If you're an accountant looking at Gresham, the first thing to understand is that you're not quite in the big city pay zone, but you're not in a small town either. Gresham sits in a sweet spot in the Portland metro area, and your salary will reflect that. The median salary for an accountant here is $87,784/year, which breaks down to an hourly rate of $42.2/hour. That's actually slightly above the national average of $86,080/year, which is a good sign for the local market. The metro area has 221 accountant jobs, indicating a stable but not hyper-competitive market. Over the next decade, the field is projected to grow by 4%, a modest but steady pace that suggests long-term stability rather than explosive growth.
To get a clearer picture, let's break it down by experience level. These are realistic estimates based on the local market and comparable Pacific Northwest metros:
| Experience Level | Estimated Annual Salary | Typical Role in Gresham |
|---|---|---|
| Entry-Level (0-2 years) | $68,000 - $75,000 | Staff Accountant, Junior Auditor, AP/AR Specialist |
| Mid-Career (3-7 years) | $80,000 - $95,000 | Senior Accountant, Tax Accountant, Financial Analyst |
| Senior/Manager (8-15 years) | $95,000 - $115,000 | Accounting Manager, Controller, Senior Tax Associate |
| Expert/Partner (15+ years) | $115,000 - $140,000+ | Firm Partner, Director of Finance, Corporate Controller |
How does Gresham stack up against other Oregon cities? It's a solid mid-tier performer. Portland proper, with its dense corporate HQs (like Nike, Intel, and a host of tech and financial firms), boasts higher median salaries, often in the low $90,000s to $100,000s for similar roles. Salem, the state capital, is more government-focused, with salaries that can be slightly lower than Gresham's median but with excellent stability and benefits. Bend, a booming recreational and tech hub, has seen demand spike, sometimes pushing salaries for experienced accountants above $100,000, but the cost of living is also significantly higher. Eugene, home to the University of Oregon, is more academic and has a salary range closer to Gresham's. In short, Gresham offers a competitive wage for the region, especially if you value a slightly lower cost of living and a more suburban feel than downtown Portland.
Insider Tip: Don't just look at the median. Your specific industry matters. An accountant specializing in manufacturing (think companies related to the Port of Portland or local logistics) might hit the higher end of the mid-career range, while one in non-profit or education might be at the lower end.
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
Let's get real about your budget. A median salary of $87,784 sounds great, but what does it mean for your day-to-day life in Gresham? First, the state income tax in Oregon is progressive and can take a significant bite. For a single filer with no dependents, you're looking at roughly 25-30% in total taxes (federal, state, and payroll). That brings your estimated monthly take-home pay to around $5,100 - $5,400.
Now, factor in the rent. The average 1-bedroom apartment in Gresham costs $1,545/month. Let's build a realistic monthly budget for an accountant earning the median salary:
- Take-Home Pay (after taxes): ~$5,250
- Rent (1BR Apartment): -$1,545
- Utilities (Electric, Gas, Internet): -$180
- Groceries: -$400
- Car Payment/Insurance/Gas (Gresham is car-dependent): -$550
- Health Insurance Premium (Employer-subsidized): -$200
- Savings/Retirement (401k match, etc.): -$700
- Miscellaneous (Dining, Entertainment, Personal Care): -$500
- Remaining Buffer: ~$175
This budget is tight but manageable. The key is the $700 for savings and retirementโthat's where you build wealth. The $175 buffer is your "life happens" fund. You can make it work, but you won't be lavishly spending.
Can you afford to buy a home here? With a $87,784 salary, you're in a decent position, but it's not a slam dunk. The median home price in Gresham is around $475,000. Using a standard 20% down payment ($95,000), a 30-year mortgage at current rates (around 7%) would have a monthly payment of roughly $2,500 including property taxes and insurance. That's about $1,000 more than the average rent. To comfortably afford that, you'd likely need to be a senior accountant ($100,000+), have a dual-income household, or have a substantial down payment saved. It's achievable, especially if you start with a condo or townhouse in the $350,000 range, but it's a stretch on a single median income.
๐ฐ Monthly Budget
๐ Snapshot
The Jobs Are: Gresham's Major Employers
Gresham's job market for accountants is anchored by healthcare, local government, education, and a smattering of mid-sized manufacturing and logistics firms. It's less about Fortune 500 HQs and more about stable, community-centric institutions. Here are the key players:
Providence Health & Services (Gresham Station): This is the big one. Providence is a massive regional health system, and their Gresham campus is a major employer. They need accountants for medical billing, departmental budgets, grant accounting (for their community health programs), and corporate finance. Hiring is steady, especially for those with healthcare industry knowledge.
Legacy Mount Hood Medical Center: Located right on the border of Gresham, this is another major healthcare employer. Their financial team handles the complex accounting of a full-service hospital, from patient revenue cycles to facility management. Look for roles here if you have a background in hospital or clinic accounting.
Gresham City Government: As the fourth-largest city in Oregon, Gresham has its own municipal finance department. Jobs here involve public fund accounting, budgeting for city projects (like the revitalization of downtown Gresham), and audit compliance. Itโs a great path for those seeking stability, a pension, and a direct impact on the community.
David Douglas School District: The school district is a major employer in the eastern part of the metro area. Accountants here manage multi-million-dollar budgets, state and federal funding allocations, and bond measures. The work is cyclical, tied to the academic calendar and state funding cycles.
East Metro Youth & Family Services (EMYFS): A non-profit serving the community, EMYFS relies on grants and donations. Their finance team needs accountants skilled in fund accounting, grant reporting, and compliance. It's a mission-driven role, often with a slightly lower salary but high job satisfaction.
Local Logistics & Manufacturing Firms: Gresham's proximity to I-84 and the Port of Portland makes it a hub for logistics. Companies like PacifiCorp (energy) or smaller firms like Bramble Berry (soap-making supplies) and Gresham Ford have finance departments. These roles offer a different pace than healthcare or government, often more tied to inventory and cost accounting.
Hiring Trends: The healthcare sector is consistently growing due to the expanding population of East Multnomah County. Municipal and school district jobs are cyclical but stable, with openings often tied to retirements or new funding. The non-profit sector is active but competitive. The best way to find these jobs is through the WorkSource Oregon system (which has a Gresham office) and direct career pages of these employers. LinkedIn is useful, but local connections matter.
Getting Licensed in OR
Oregon has clear, structured requirements for becoming a licensed CPA (Certified Public Accountant), which is the gold standard for career advancement.
Education: You need 150 semester hours of college credit, with a specific concentration in accounting. Your bachelor's degree is the foundation, but you'll likely need a master's in accounting or additional post-baccalaureate courses to hit the 150-hour mark. Local schools like Portland State University (with a strong business school) and Mt. Hood Community College (in Gresham, offering affordable prerequisite courses) are popular paths.
Exam (CPA Uniform Exam): You must pass the four-part CPA Exam. This is a national exam, administered by NASBA. You can apply through the Oregon Board of Accountancy. The exam fees are approximately $1,500 - $2,000 for all four sections, plus application fees. This is a significant investment of time and money.
Experience: Oregon requires 1,800 hours of qualifying accounting experience under the supervision of a licensed CPA. This can be gained in public accounting, industry, or government. The experience must be verified by your supervisor and submitted to the board.
Ethics Exam: You must also pass the Oregon-specific ethics exam, which is a separate test after the CPA exam.
Timeline to Get Started: If you start from scratch with a bachelor's degree, expect a 5-7 year timeline. This includes 4 years for your bachelor's, 1-2 years for a master's or extra credits, 1-2 years to pass the CPA exam (while working), and the time to fulfill the experience requirement. The process can be fast-tracked if you already have a degree and are working in an accounting role. Total cost, including education, exam fees, and study materials, can easily exceed $10,000 - $20,000, but it's a direct investment in your earning potential.
Insider Tip: The Oregon Board of Accountancy website is your bible. Start there. Also, join the Oregon Society of CPAs (OSCPA) for networking, study resources, and job boards. Their events in Portland/Gresham are invaluable for meeting local firms.
Best Neighborhoods for Accountants
Gresham is a city of distinct neighborhoods. Your choice depends on your commute, lifestyle, and budget. Hereโs a localโs guide:
Downtown Gresham: This is where the action is, especially with the recent revitalization. It's walkable, with cafes, breweries, and the MAX light rail line. Commuting to employers like Providence or City Hall is a breeze. Expect a mix of older homes and new townhouses. Rent Estimate: 1BR Apartments: $1,600 - $1,800/month. Best for those who want an urban feel without downtown Portland prices.
Rockwood: Located in the southwest quadrant, Rockwood is more affordable and diverse. It's closer to I-84, making for an easy drive to Portland or eastward. The neighborhood is more residential, with smaller homes and apartment complexes. It's a practical choice for first-time renters or those looking to save. Rent Estimate: 1BR Apartments: $1,350 - $1,500/month.
Gresham Buttes / Southeast Gresham: This area is quieter, with more single-family homes, larger lots, and a suburban feel. It's a bit further from the MAX line, so a car is essential. Commutes to the major employers on the east side (like Legacy Mount Hood) are very short. It's popular with families and those who want space. Rent Estimate (for a 1BR condo/townhome): $1,450 - $1,650/month.
East Gresham (near Powell Valley): As you move east towards the Sandy River and the Columbia River Gorge, the area becomes more rural and scenic. Commutes to central Gresham are longer, but the lifestyle is peaceful. This is for accountants who work remotely or don't mind a 20-30 minute drive. Rent Estimate: $1,400 - $1,600/month for a 1BR apartment, with more options for houses.
Gateway (Technically Portland, but a close option): Just west of Gresham in Portland, the Gateway district is a major transit hub with dense apartments and easy access to I-84 and the MAX. It's grittier but vibrant, with lower rents than Gresham's core. A popular choice for young professionals who work in Portland but want to save on rent. Rent Estimate: $1,400 - $1,650/month.
Insider Tip: The MAX Blue Line is your friend. Living within a 10-minute walk of a station (like Rockwood, Cleveland Ave, or Gresham Central) can save you a car payment and give you a stress-free commute to downtown Portland for networking or job opportunities.
The Long Game: Career Growth
Your career trajectory in Gresham will be different from a major financial center. The path to higher salaries ($115,000+) often involves specialization or moving into management.
Specialty Premiums: In Gresham, you'll find the highest premiums for:
- Healthcare Accounting: Specialized knowledge in medical billing, GAAP compliance for non-profits, and grant management (Providence, Legacy).
- Government/Non-Profit Accounting: Expertise in public funds accounting, grant compliance, and municipal auditing (City of Gresham, School Districts).
- Cost Accounting: For the local manufacturing and logistics firms along I-84.
- Tax Specialization: While there are fewer large accounting firms than in Portland, local CPA firms handle small business and individual taxes. A CPA license is almost mandatory for senior roles here.
Advancement Paths: The classic path is Staff Accountant -> Senior Accountant -> Accounting Manager. From there, you might become a Controller (overseeing all finance for a mid-sized company) or move into a Director of Finance role. Another path is to stay in public accounting at a local firm (like Clark Nuber or Moss Adams, which have Portland offices but serve Gresham clients) and climb to partner. The "expert" tier ($140,000+) in Gresham is typically reserved for Controllers at larger healthcare systems, firm partners, or CFOs of sizable local enterprises.
10-Year Outlook: The 4% growth rate is steady, not explosive. This means there will be consistent openings due to retirements and natural turnover, but not a flood of new positions. The key to growth will be upskilling. The rise of data analytics and AI in accounting is a real factor. Accountants who can use tools like Tableau, Power BI, or advanced Excel for forecasting and business intelligence will be far more valuable. Gresham's employers are increasingly tech-savvy, and those who can bridge the gap between traditional accounting and data analysis will see the fastest advancement.
The Verdict: Is Gresham Right for You?
Gresham isn't for every accountant. It's a specific choice that trades a high-energy, high-cost urban core for stability, community, and a slightly more manageable lifestyle.
| Pros | Cons |
|---|---|
| Competitive Salary vs. Cost of Living: The median $87,784 stretches further here than in Portland or Bend. | Limited "Big 4" and High-End Finance: Fewer opportunities for ultra-competitive, high-prestige roles. |
| Stable, Community-Focused Employers: Healthcare, government, and education offer job security and pensions. | Car Dependency: You'll need a reliable car; public transit is decent but not all-encompassing. |
| Proximity to Portland: Easy access to the city's networking, events, and additional job opportunities via the MAX. | Modest Job Growth: The 4% growth is stable but not dynamic; advancement can be slower. |
| Outdoor Access: The Columbia River Gorge and Mt. Hood are in your backyard for weekend escapes. | Lower Ceiling: The salary cap for the "expert" tier is lower than in a major financial hub. |
| Lower Housing Stress: More affordable than West Coast metros, with options to buy a home eventually. | Climate: The grey, rainy Pacific Northwest winters can be a mood factor for some. |
Final Recommendation: Gresham is an excellent choice for accountants who value stability, community, and work-life balance over relentless career climbing. It's ideal for mid-career professionals (ages 30-50) looking to buy a home, start a family, or simply live in a vibrant but less hectic environment. It's also a smart launchpad for those who want to get their CPA and gain solid experience in a niche like healthcare or government before potentially moving to a larger market. If your primary goal is to make the absolute maximum salary and work for a global firm, look to downtown Portland. If you want a solid career where you can put down roots and enjoy the Pacific Northwest lifestyle, Gresham is a very strong contender.
FAQs
1. Is the CPA license required to get a good accounting job in Gresham?
Not always, but it's highly recommended. You can get a staff or senior accountant role without a CPA, especially in industry or government. However, for any managerial position, Controller role, or in public accounting, the
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