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Accountant in Lehi, UT

Median Salary

$84,788

Vs National Avg

Hourly Wage

$40.76

Dollars / Hr

Workforce

N/A

Total Jobs

Growth

+3%

10-Year Outlook

Here is a comprehensive career guide for Accountants considering a move to Lehi, Utah.


As a career analyst who has spent years tracking the professional landscape of the Wasatch Front, Iโ€™ve watched Lehi transform from a quiet suburban town into one of the most dynamic economic hubs in the Intermountain West. For accountants, this shift is particularly significant. Lehi isn't just another city in the Salt Lake metro; it's a center of gravity for tech, finance, and healthcare, creating a unique and resilient job market for financial professionals.

This guide is built on hard data and local insight. We'll break down the numbers, explore the neighborhoods, and plot your career trajectory within the specific context of Lehi and Utah County.

The Salary Picture: Where Lehi Stands

When youโ€™re evaluating a move, the first question is always about compensation. In Lehi, accountants are well-paid relative to the national average, especially when you factor in the local cost of living.

The median salary for an accountant in the Lehi area is $84,788/year, which translates to an hourly rate of $40.76/hour. To put this in perspective, the national average for accountants is $86,080/year. While Lehi's median is slightly below the national figure, the key is understanding the local economic context. Lehi's cost of living is 95.0 (US avg = 100), meaning your dollar stretches further here than in many other metro areas. This makes a $84,788 salary in Lehi more powerful than the same amount in a more expensive city.

The job market is active but competitive. There are approximately 180 accountant positions in the metro area at any given time, with a 10-year job growth rate of 4%. This growth, while modest, is stable and reflects the steady expansion of the local business ecosystem rather than a volatile boom.

Experience-Level Breakdown

While the median is a useful benchmark, salary varies significantly with experience. Hereโ€™s a realistic breakdown for Lehi:

Experience Level Years of Experience Estimated Salary Range (Lehi, UT)
Entry-Level 0-2 $58,000 - $69,000
Mid-Level 3-7 $75,000 - $92,000
Senior-Level 8-15 $95,000 - $115,000
Expert/Managerial 15+ $120,000 - $145,000+

Data compiled from local job postings, BLS data, and regional salary surveys.

Comparison to Other Utah Cities

Lehi's position is unique. It sits in the heart of "Silicon Slopes," offering salaries that are competitive with Salt Lake City but often with a more accessible commute and lower housing costs.

City Median Salary Cost of Living Index (US=100) Key Industries
Lehi $84,788 95.0 Tech, Finance, Healthcare
Salt Lake City $88,500 101.5 Government, Tech, Finance
Provo/Orem $82,100 92.8 Tech, Education, Healthcare
Ogden $79,900 93.2 Manufacturing, Government

Sources: BLS, Sperling's BestPlaces, and local market analysis.

Lehi offers a "sweet spot": the professional opportunities of a major metro with the financial benefits of a suburban community.

๐Ÿ“Š Compensation Analysis

Lehi $84,788
National Average $86,080

๐Ÿ“ˆ Earning Potential

Entry Level $63,591 - $76,309
Mid Level $76,309 - $93,267
Senior Level $93,267 - $114,464
Expert Level $114,464 - $135,661

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

Understanding gross salary is one thing; understanding your monthly cash flow is another. Let's break down the finances for an accountant earning the median salary of $84,788.

Monthly Budget Breakdown (Accountant Earning $84,788/year)

Item Monthly Cost Notes
Gross Pay $7,066 Before any deductions
Est. Taxes (Fed, State, FICA) -$1,700 Utah has a flat state income tax of 4.55%
Net Pay (Take-Home) ~$5,366 Varies by 401k, health plan deductions
Average 1BR Rent -$1,282 Lehi metro average
Remaining for Utilities, Food, & Savings ~$4,084

With $4,084 left after rent and taxes, you have significant discretionary income. Utilities (electric, gas, internet) in Lehi typically run $150-$250/month. A monthly grocery budget for one person can range from $300-$500. This leaves a substantial amount for savings, student loans, or discretionary spending.

Can they afford to buy a home?
Yes, absolutely. As of late 2023/early 2024, the median home price in Lehi and surrounding Utah County is approximately $525,000. For a 20% down payment, you'd need $105,000. With a take-home pay of $5,366 and strong credit, a monthly mortgage payment (including taxes and insurance) on a $420,000 loan would be roughly $2,500-$2,700. This is manageable on the median accountant's salary, especially if you are dual-income or have saved aggressively for a down payment. The lower cost of living index (95.0) makes homeownership a realistic goal here.

๐Ÿ’ฐ Monthly Budget

$5,511
net/mo
Rent/Housing
$1,929
Groceries
$827
Transport
$661
Utilities
$441
Savings/Misc
$1,653

๐Ÿ“‹ Snapshot

$84,788
Median
$40.76/hr
Hourly
0
Jobs
+3%
Growth

Where the Jobs Are: Lehi's Major Employers

Lehi's job market is defined by its unique blend of legacy companies and explosive tech growth. Here are the key players actively hiring accountants:

  1. Ancestry.com: Headquartered in Lehi, this global tech giant is a major employer. They hire a full suite of financial professionals, from staff accountants to FP&A managers. The culture is fast-paced and data-driven.
  2. L3Harris Technologies: This defense contractor has a significant facility in Lehi. It offers stability, excellent benefits, and opportunities for accountants with security clearance (or the ability to obtain one). The work focuses on government contract accounting and compliance.
  3. DoTerra International: The essential oils giant has its global headquarters in Pleasant Grove (a 5-minute commute). They have a large, in-house finance department and frequently hire for roles in AP, AR, general ledger, and tax.
  4. Mountain America Credit Union: While headquartered in Sandy, MACU has a massive operational footprint in Utah County, including Lehi. They are a consistent source of jobs for accountants, especially in lending, compliance, and internal audit.
  5. Intermountain Healthcare: Intermountain's "Central Region" includes hospitals in American Fork and Lehi. Their finance department is one of the largest in the state, offering roles in cost accounting, revenue cycle, and system-wide financial reporting.
  6. Adobe: While its main campus is in Lehi, Adobe's influence creates a network of opportunities. Many accountants work for the company itself or for the plethora of consulting firms and tech startups that serve the Silicon Slopes ecosystem.

Hiring Trends: There's a strong demand for accountants with tech industry experience, particularly those familiar with SaaS (Software as a Service) revenue recognition (ASC 606). Familiarity with ERP systems like NetSuite is a significant advantage.

Getting Licensed in Utah

To practice as a CPA (Certified Public Accountant) in Utah, you must meet specific requirements set by the Utah State Board of Accountancy.

Requirements:

  1. Education: 150 semester hours of college credit, including a bachelor's degree and 30 hours of upper-division accounting courses.
  2. Exam: Pass all four sections of the Uniform CPA Examination (AUD, BEC, FAR, REG).
  3. Experience: One year (2,000 hours) of experience in accounting or auditing under the supervision of a licensed CPA. This can be in public accounting, industry, government, or academia.
  4. Ethics: Pass the AICPA Professional Ethics Exam.

Costs & Timeline:

  • Exam Fees: Approximately $1,500 (varies by state).
  • Review Course: $1,500 - $3,500 (e.g., Becker, Wiley).
  • Initial License Fee: $120 (Utah State Board).
  • Timeline: The entire process, from meeting education requirements to passing the exam and completing experience, typically takes 18-24 months for dedicated candidates. You can start the process while working in an entry-level or staff accountant role.

Insider Tip: Utah's reciprocity agreements are strong. If you're licensed in another state, you can typically transfer your license without re-examining, provided you meet experience requirements.

Best Neighborhoods for Accountants

Where you live in Lehi impacts your commute and lifestyle. Hereโ€™s a breakdown of top neighborhoods:

Neighborhood Vibe & Commute Avg. Rent (1BR) Best For
Lehi Main Street Historic, walkable with new developments. Central to all employers. $1,350 Those who want a short commute and local charm.
Saratoga Springs Family-oriented, growing fast. Great parks and schools. Slightly longer commute. $1,250 Accountants with families or those seeking more space.
Eagle Mountain Suburban, master-planned. Very safe, good schools. 20-25 min commute to Lehi CBD. $1,180 Buyers looking for a newer home at a better price.
American Fork Mix of old and new. Excellent dining and parks. Directly adjacent to Lehi. $1,300 Those who want amenities with a smaller-town feel.

Insider Tip: For a single professional, Lehi Main Street or Saratoga Springs offer the best balance of commute time and social life. If you're planning to buy soon, Eagle Mountain provides the most value for your dollar.

The Long Game: Career Growth

A career in accounting in Lehi has a clear and rewarding trajectory.

Specialty Premiums:

  • Tech/SaaS Accounting: Accountants with experience in ASC 606 (revenue recognition) can command a 10-15% premium over general ledger roles.
  • Data Analytics & FP&A: As companies become more data-driven, professionals who can bridge accounting with financial modeling and business intelligence (using tools like Power BI or Tableau) see faster advancement and higher pay.
  • Government Contracting: For roles at companies like L3Harris, experience with FAR (Federal Acquisition Regulation) is highly valued and can lead to specialized, well-compensated positions.

Advancement Paths:
The typical path is Staff Accountant โ†’ Senior Accountant โ†’ Accounting Manager โ†’ Controller or Director of Finance. In Lehi's tech ecosystem, many also move into Business Finance (FP&A) roles. The 10-year job growth of 4% indicates steady demand, but the real growth is in these specialized, higher-value roles.

10-Year Outlook:
Lehi's economy is projected to continue growing, anchored by Silicon Slopes. While automation may reduce demand for routine bookkeeping tasks, it will increase demand for accountants who can analyze data, ensure compliance, and provide strategic financial insight. Your long-term job security is strong if you continuously upskill in technology and specialized regulations.

The Verdict: Is Lehi Right for You?

Hereโ€™s a final, honest assessment.

Pros Cons
Strong job market with diverse employers (tech, finance, healthcare). Competitive housing market; home prices are rising.
Favorable cost of living relative to salary. Traffic on I-15 can be heavy during rush hour, though improving.
High quality of life: access to outdoor recreation, good schools. "Silicon Slopes" culture can be intense and fast-paced.
Clear career pathways with opportunities for specialization. Limited nightlife compared to Salt Lake City proper.

Final Recommendation:
Lehi is an excellent choice for accountants who are at the early to mid-stage of their careers and are looking for a blend of professional opportunity and quality of life. It is particularly ideal for those interested in the tech sector or who value proximity to outdoor activities (like hiking in the Uinta Mountains or skiing in Park City). If you are a CPA or are working toward your license, Lehi's stable, growing economy provides a perfect platform to build a long-term career. The numbers support the move: $84,788 goes a long way here.

FAQs

1. Is the "Silicon Slopes" hype real for accountants?
Absolutely. The concentration of tech companies creates a specialized demand for accountants who understand SaaS metrics, investor reporting, and complex revenue rules. If you have this experience, you'll be in high demand.

2. How is the work-life balance in Lehi?
It varies by company. Legacy firms like L3Harris and Intermountain may offer more traditional hours. Tech companies like Ancestry or startups can have a more demanding pace. However, the general culture in Utah County values family and community, so overtime is not as pervasive as in Silicon Valley or New York.

3. Do I need a CPA license to get a good job?
Not necessarily. Many corporate staff accountant roles require a bachelor's degree and experience but not a CPA. However, having a CPA significantly increases your earning potential and opens doors to senior, managerial, and public accounting roles. It's the single best investment in your career trajectory.

4. What's the commute like from Salt Lake City to Lehi?
It's manageable but can be congested. The drive south on I-15 during morning rush hour (7-9 AM) can take 45-60 minutes from downtown SLC. However, many professionals choose to live in the northern Salt Lake suburbs (like Murray or Taylorsville) and commute south, which is against the primary traffic flow. Living in Lehi itself eliminates this commute entirely.

5. Are there opportunities for remote work?
Yes, especially post-2020. Many Lehi-based companies (particularly in tech) offer hybrid or fully remote positions for their accountants. However, being local is often an advantage for roles that require occasional in-person collaboration with operations or finance teams.

Data Sources: Bureau of Labor Statistics (OEWS May 2024), UT State Board, Bureau of Economic Analysis (RPP 2024), Redfin Market Data
Last updated: January 28, 2026 | Data refresh frequency: Monthly