Median Salary
$84,220
Vs National Avg
Hourly Wage
$40.49
Dollars / Hr
Workforce
0.2k
Total Jobs
Growth
+4%
10-Year Outlook
A Local's Guide to an Accounting Career in Lansing, MI
As a career analyst who's watched Lansing's economy shift from a manufacturing-heavy past to a diversified present, I can tell you that accounting here isn't about chasing Wall Street glory. It's about stability, a cost of living that won't break you, and working for institutions that actually employ people. Lansing is the state capital, yes, but it's also a university town (Michigan State University is a 10-minute drive from downtown) and a healthcare hub. For an accountant, that means a steady demand for tax, audit, and managerial roles in both public and private sectors.
This guide cuts through the fluff. We're using hard data from the Bureau of Labor Statistics (BLS), the Michigan Department of Licensing and Regulatory Affairs (LARA), and local market realities. We'll look at what you'll actually take home, where you'll work, and how to build a career here. Let's get into the numbers.
The Salary Picture: Where Lansing Stands
First, let's talk money. The median salary for an accountant in the Lansing-East Lansing metropolitan area is $84,220 per year, which translates to an hourly rate of $40.49. This sits slightly below the national average of $86,080, but don't let that fool you. The cost of living in Lansing is significantly lower, which we'll break down later. In pure dollar terms, you're earning less, but your money goes further.
The job market here is modest but stable, with an estimated 222 accounting jobs in the metro area. The 10-year job growth projection is 4%, which is sluggish compared to tech hubs but reflects the steady, non-cyclical nature of government and healthcare accounting. It's not a boomtown, but it's not a ghost town either.
Hereโs how salaries break down by experience level, based on BLS data and local job postings:
| Experience Level | Typical Range (Lansing) | Key Responsibilities |
|---|---|---|
| Entry-Level (0-2 yrs) | $55,000 - $68,000 | Bookkeeping, AP/AR, junior audit tasks, tax preparation support. |
| Mid-Level (3-7 yrs) | $70,000 - $88,000 | Full-cycle accounting, financial reporting, internal controls, mid-level audit. |
| Senior (8-15 yrs) | $85,000 - $105,000+ | Senior analyst, controller, audit manager, tax manager. |
| Expert (15+ yrs) | $100,000 - $140,000+ | CFO, Partner (in public accounting), Director of Finance, specialized consultant. |
How does Lansing stack up to other Michigan cities?
- Detroit-Ann Arbor: Salaries are higher (median ~$90K), but so is the cost of living, especially in Ann Arbor. Competition is fiercer, with more large corporate HQs.
- Grand Rapids: A closer competitor. Median salary is similar (~$83K), with a slightly faster job growth rate in healthcare and manufacturing. Lansing's advantage is its state government employment, which is more recession-resistant.
- Flint/Saginaw: Lower salaries (median ~$75K) and fewer opportunities. Lansing offers a clear step up for accountants in Mid-Michigan.
Insider Tip: Don't just look at the median. The $84,220 figure is pulled down by a large number of bookkeepers and clerical staff in the BLS data. A certified accountant (CPA) with 5-7 years of experience in public accounting or a senior corporate role can realistically command $90,000+. The key is the credential.
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 practical. An annual salary of $84,220 sounds good, but what does it mean for your monthly budget in Lansing?
Assumptions for take-home:
- Federal & State Income Tax (MI): ~22% effective rate
- FICA (7.65%)
- Health Insurance (~$300/month)
- 401(k) Contribution (4%)
Estimated Monthly Take-Home Pay: ~$4,800 - $5,000
Monthly Budget Breakdown (Sample for a Mid-Level Accountant):
| Expense Category | Estimated Cost (Lansing) | Notes |
|---|---|---|
| Rent (1BR) | $887 | Average for the metro. Can range from $750 (older suburbs) to $1,200 (downtown/MSU area). |
| Utilities | $150 - $200 | Includes electric, gas, internet (Comcast/AT&T). Winters are cold; heating costs matter. |
| Car Payment/Gas | $350 - $500 | Lansing is car-dependent. Public transit (CATA) exists but is limited. |
| Groceries | $300 - $400 | Meijer, Spartan Nash, and local farmers' markets are staples. |
| Insurance (Car/Health) | $250 - $350 | Car insurance rates in Michigan are high; Lansing is moderate. |
| Entertainment/Dining | $300 - $400 | Affordable local scene: breweries, casual dining, MSU sports. |
| Miscellaneous/Savings | $500 - $1,000 | This is your leftover for debt, savings, or fun. |
Can you afford to buy a home?
Absolutely. The median home price in the Lansing area is around $185,000. With your take-home pay and a decent credit score, a 20% down payment ($37,000) is a significant but achievable goal for a mid-career accountant. A 30-year mortgage at 6.5% on a $148,000 loan would be roughly $940/monthโoften less than a modern 1BR apartment. In neighborhoods like East Lansing or Okemos, prices are higher, but in areas like Holt or parts of Lansing's south side, you can find starter homes well under $200K. The financial barrier to homeownership is notably lower here than in most other metro areas.
๐ฐ Monthly Budget
๐ Snapshot
Where the Jobs Are: Lansing's Major Employers
Lansing's job market for accountants is anchored by three sectors: government, healthcare, and education. Public accounting firms are here, but they're smaller than in Detroit or Grand Rapids.
State of Michigan: The single largest employer. The Department of Treasury, Department of Technology, Management & Budget, and various state agencies are always hiring accountants, auditors, and budget analysts. These roles offer exceptional job security and benefits, though starting salaries can be lower than the private sector. Hiring trend: Steady. They rely on a constant pipeline of new hires and promote from within.
Sparrow Health System (now part of U of M Health): As part of the massive University of Michigan Health system, Sparrow is a healthcare giant. They need accountants for revenue cycle management, cost accounting for clinical departments, and financial reporting. Hiring trend: Strong, driven by the consolidation of the healthcare market. Specialized knowledge in healthcare billing (revenue cycle) is a huge plus here.
Michigan State University: With a budget exceeding $3 billion, MSU's financial operations are complex. Opportunities exist in the Controller's Office, procurement, grants accounting, and financial aid. Hiring trend: Stable but competitive. They often look for CPAs and offer great benefits, including tuition discounts for employees and families.
Peckham, Inc.: A major non-profit organization based in Lansing that provides job training and employment for people with disabilities. They have a large, sophisticated finance department and are a significant employer in the region. Hiring trend: Consistent. Non-profit accounting requires specific grant management and compliance skills.
Dart Container (Corporate HQ in Mason, 10-min south): The world's largest manufacturer of polystyrene foam cups. Their corporate finance team in Mason handles everything from plant-level cost accounting to international consolidation. Hiring trend: Stable. Manufacturing accounting is a niche but valuable skill set here.
Public Accounting Firms: While not the Big 4, firms like Doeren Mayhew (regional firm), Rehmann (has a strong Lansing office), and Yeo & Yeo have a significant presence. They handle audit, tax, and consulting for local businesses, non-profits, and some state-related entities. Hiring trend: Seasonal (tax season) and steady for full-time audit staff. A great place to get a CPA and broad experience.
Insider Tip: Many of the best jobs aren't advertised on big boards. Network locally with the Mid-Michigan Chapter of the Michigan Association of CPAs (MACPA). Also, the Lansing Regional Chamber of Commerce events are where internal financial controllers from these employers connect. A personal referral from a former colleague at MSU or Sparrow is gold.
Getting Licensed in MI
To practice as a CPA in Michigan, you must meet strict requirements from the Michigan Board of Accountancy (under LARA).
State-Specific Requirements:
- Education: 150 semester hours of college credit, including 30 hours in upper-level accounting and 24 hours in business courses (including 2 hours in professional ethics).
- Exam: Pass all four sections of the Uniform CPA Exam (AUD, BEC, FAR, REG).
- Experience: 1 year (2,000 hours) of qualifying accounting experience under the supervision of a licensed CPA. This can be in public accounting, private industry, government, or academia.
- Ethics Exam: Pass the AICPA Professional Ethics Exam.
Costs & Timeline:
- Exam Fees: ~$1,200 (varies by state/state board administrative fees).
- Study Materials (Becker, Wiley, etc.): $1,500 - $3,000.
- Review Course: Optional but recommended; $1,000 - $2,500.
- State License Application: ~$200.
- Total Estimated Cost: $3,900 - $6,900.
Typical Timeline:
- Months 1-2: Finalize education requirements, apply to take the exam.
- Months 3-15: Study for and pass the CPA exam (most candidates take 12-18 months).
- Months 12-24: Complete 1 year of supervised work experience.
- Month 24+: Submit application for licensure.
Insider Tip: If you're moving to Lansing for a job, try to secure a position at a public accounting firm or a company with a CPA supervisor who can sign off on your experience. The state also has reciprocity with many other states, so if you're already licensed elsewhere, the process is simpler. Check the LARA website for the latest forms.
Best Neighborhoods for Accountants
Where you live depends on your lifestyleโclose to work, near MSU for nightlife, or in a quiet suburb for family life.
| Neighborhood | Vibe & Commute | Avg. 1BR Rent | Best For |
|---|---|---|---|
| Downtown Lansing | Urban, walkable. Close to state government offices and some corporate HQs. 5-10 min commute to most jobs. | $950 - $1,200 | Young professionals, those who want to avoid a car commute. Close to the "Cozy" and "The Grid" restaurants. |
| East Lansing | College town. Vibrant, youthful, home to MSU. Commute to downtown is 10-15 mins. Rent is higher near campus. | $1,000 - $1,400 | Recent grads, those who love sports and energy. Be prepared for a noisy semester. |
| Okemos | Affluent suburb. Excellent schools (Holt Public), family-oriented. 15-20 min commute to Lansing. | $950 - $1,300 | Established professionals with families. Quiet, safe, and lots of green space. |
| Holt | Middle-class suburb. More affordable than Okemos. 15-20 min commute. Good mix of housing and amenities. | $800 - $1,000 | First-time homebuyers or renters on a budget who want suburban living. |
| Haslett | Lakeside community. More secluded, near Lake Lansing. 20-25 min commute. Quaint, slower pace. | $850 - $1,100 | Those who value a water-based lifestyle and don't mind a longer, scenic drive. |
Insider Tip: For a single accountant on a $84,220 salary, Downtown or East Lansing is ideal for an active social life and short commute. For a better cost-of-living ratio (more space for your rent), look at the Old Town Lansing areaโit's a historic, artsy neighborhood with a growing food scene, just north of downtown, with rents slightly below average.
The Long Game: Career Growth
Lansing is not a city for rapid, explosive salary growth like you might find in tech. However, it offers clear, structured advancement paths, especially if you're pursuing your CPA.
Specialty Premiums: Certain skills command a premium in Lansing. Healthcare revenue cycle accounting (at Sparrow/U of M Health) can add 10-15% to your base. Governmental accounting (for the state or municipalities) is a unique skill set with high job security. Cost accounting in manufacturing (at places like Dart Container) is another valuable niche. Generalists will do fine, but specialists will rise faster.
Advancement Paths:
- Public Accounting: Staff Accountant -> Senior -> Manager -> Partner/Director. The CPA is almost mandatory for the Manager level and above.
- Private Industry: Staff Accountant -> Senior Accountant -> Accounting Manager -> Controller -> CFO. Moving from a mid-sized company in Lansing to a larger one in Detroit/Ann Arbor can be a salary jump.
- Government: State Accountant -> Senior Accountant -> Budget Director -> Agency CFO. The path is slower but extremely stable with a pension.
10-Year Outlook: The 4% job growth is conservative. It doesn't account for retirements (a significant number of CPAs in Michigan are nearing retirement age) or the potential for economic diversification. The rise of remote work could also benefit Lansing accountants, allowing them to work for Detroit or Chicago firms while living in a low-cost city. The long-term outlook is stable with moderate opportunities for advancement. You won't get rich overnight, but you can build a very comfortable, secure life.
The Verdict: Is Lansing Right for You?
| Pros | Cons |
|---|---|
| Low cost of living (Index 92.8). Your $84,220 salary stretches far. | Slower job growth (4%) means fewer new openings; networking is key. |
| Stable employer base (State, MSU, Healthcare) less vulnerable to recessions. | Limited "prestige" employers. If you want a Fortune 500 name on your resume, look elsewhere. |
| Easy commutes. Most jobs within 20 mins, traffic is minimal. | Cultural scene is modest compared to Detroit or Grand Rapids. You'll be driving to big concerts/sports. |
| Strong community networking. The MACPA and Chamber events are effective. | Winters are harsh and long. Be prepared for snow from November to April. |
| Path to homeownership is clear and attainable. | Young professional scene is smaller; you may need to actively seek out friends. |
Final Recommendation:
Lansing is an excellent choice for accountants who prioritize stability, affordability, and quality of life over chasing the highest national salary. It's perfect for those starting a family, seeking a government or healthcare career, or who want to be a CPA in a manageable market without the intense competition of larger cities. If you're a high-energy, ambitious CPA looking to be at the very top of a corporate ladder, you might outgrow Lansing in a decade. But for most accountants, it offers a rewarding, sustainable career where you can own a home, build a community, and not worry about being laid off every few years.
FAQs
1. Do I need a CPA license to get a good job in Lansing?
No, but it helps immensely, especially for senior roles and in public accounting. Many state, university, and non-profit jobs will hire experienced accountants without a CPA, but the CPA is the differentiator for management-track positions and higher salaries.
2. How easy is it to get around without a car?
It's challenging. While the CATA bus system serves the main corridors, most accountants drive to work, especially if employed in the suburbs (Okemos, Holt) or at Sparrow/MSU. Living and working downtown is the best bet for a car-lite lifestyle.
3. What's the biggest mistake accountants make when moving to Lansing?
Underestimating the importance of local networks. Applying for jobs online and waiting for a callback is less effective here than in larger markets. Join the MACPA, attend a Chamber event, or connect with former colleagues at the major employers. A personal introduction can bypass the HR pile.
4. Are there opportunities for remote work?
Yes, increasingly so. Many local companies (especially post-pandemic) offer hybrid roles. Furthermore, with a CPA and experience, you can easily work remotely for a firm based in Detroit, Chicago, or even nationally while enjoying Lansing's low cost of living. This is a growing trend I've seen in the past 2
Other Careers in Lansing
Explore More in Lansing
Dive deeper into the local economy and lifestyle.