What is the starting salary for Accounting graduates in Babylon?

The estimated starting salary for Accounting graduates in Babylon, NY is $94,426 per year, adjusted for the local cost of living index of 152.3. The national average starting salary for this major is $62,000. Salaries in Babylon are 52% higher than the national average due to cost of living differences.

Is a Accounting degree worth it in Babylon?

A Accounting degree in Babylon has an estimated ROI payback period of 2.5 years, with a projected lifetime return of $1,038,310 after subtracting education costs. With 8 colleges in the area and average public tuition of $10,200/year, Babylon offers affordable options for this degree. The local unemployment rate of 4.3% and the major's national unemployment rate of 2.5% should also factor into your decision.

How much does it cost to study Accounting in Babylon?

The average annual public university tuition in Babylon is $10,200, while private universities average $42,000/year. Including room and board ($15,785/year), total 4-year costs range from $103,940 at a public school to $231,140 at a private institution. Average financial aid per student in Babylon is $9,651/year.

What jobs can Accounting graduates get in Babylon?

Accounting graduates in Babylon can pursue careers as Accountant, Auditor, Tax Specialist, CPA. Key skills valued by local employers include Financial Reporting, Tax Preparation, Auditing, QuickBooks/SAP. The Babylon job market features Financial services, Consulting firms, Fortune 500 companies among the top hiring sectors for this field. National top employers include Deloitte, PwC, EY.

How long to pay off student loans for Accounting in Babylon?

With a standard 10-year repayment plan at 6.5% interest, Accounting graduates in Babylon would pay $1,180/month on an estimated $103,940 in loans, with $37,686 in total interest. An aggressive 5-year plan would require $2,034/month but save $19,604 in interest. With a COL-adjusted starting salary of $94,426, monthly payments would represent 15% of gross monthly income.

Accounting Degree in Babylon, NY — Salary & ROI 2026

Accounting degree analysis for Babylon, NY. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$94K

COL-adjusted

Mid-Career

$137K

COL-adjusted

ROI Payback

2.5 yrs

in Babylon

Cost of Living

152.3

index (100 = avg)

Accounting in Babylon, NY Overview

Babylon, New York (pop. 213,234) has 8 colleges offering Accounting programs. The local cost of living index of 152.3 is higher than average, so budget accordingly, with average rent near campus at $1,422/month. Accounting enrollment is stable nationwide, with steady demand for graduates skilled in Financial Reporting and Tax Preparation. The adjusted starting salary in Babylon is approximately $94,426.

Accounting Salary in Babylon (COL-Adjusted)

Salaries adjusted for Babylon's cost of living index of 152.3 (national average = 100).

Entry Level (0-2 yrs)

$94,426(+$32,426 vs national)

Mid Career (5-9 yrs)

$137,070(+$47,070 vs national)

Senior Level (15+ yrs)

$175,145(+$60,145 vs national)

Note: National average Accounting salary: $62,000 starting, $90,000 mid-career, $115,000 senior level.Babylon adjustment factor: 1.52x based on the local cost of living index.

Accounting ROI Calculator for Babylon

Estimate your return on investment for a Accounting degree using local Babylon tuition and cost of living data.

Annual Tuition ($)

Public avg: $10,200 | Private avg: $42,000

Years of Study

Annual Financial Aid ($)

Babylon avg aid: $9,651/yr

Student Loan Rate (%)

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$103,940

tuition + room & board - aid

Annual Earnings Premium

$41,121

vs HS diploma in Babylon

ROI Payback Period

2.5 years

to break even

Lifetime Return in Babylon

$1,038,310

Lifetime earnings premium ($1,142,250) minus total education cost ($103,940)

Student Loan Payoff for Accounting in Babylon

Standard Plan (10 years)

Loan Amount$103,940

Monthly Payment$1,180

Total Interest$37,686

% of Monthly Income15%

Aggressive Plan (5 years)

Loan Amount$103,940

Monthly Payment$2,034

Total Interest$18,082

Interest Savings$19,604

Colleges in Babylon for Accounting

Babylon State University

public

$10,397/yr

$41,588 total

University of Babylon

public

$9,997/yr

$39,988 total

Community Colleges (2-Year Transfer)

Babylon Community College

$6,772/yr

New York Technical College - Babylon

$7,061/yr

Top Employers for Accounting in Babylon

Babylon offers opportunities in Financial services, Consulting firms, Fortune 500 companies for Accounting graduates. National top employers in this field include:

DeloittePwCEYKPMGGrant Thornton

Key Babylon Hiring Sectors for Business

Financial services

Consulting firms

Fortune 500 companies

Startups

Marketing agencies

Common Accounting Job Titles

AccountantAuditorTax SpecialistCPA

Accounting in Nearby New York Cities

New York City, NY

$103K starting · COL 166

49 colleges

New York, NY

$116K starting · COL 187.2

279 colleges

Oyster Bay, NY

$90K starting · COL 145

11 colleges

Buffalo, NY

$76K starting · COL 122

10 colleges

North Hempstead, NY

$88K starting · COL 141.3

9 colleges

Yonkers, NY

$90K starting · COL 145.3

8 colleges

Rochester, NY

$87K starting · COL 140

13 colleges

Huntington, NY

$84K starting · COL 135.6

8 colleges

Other Business Majors in Babylon

Business Analytics

$119K starting · 2 yr ROI

Finance

$107K starting · 3.5 yr ROI

Economics

$99K starting · 4 yr ROI

Information Systems

$76K starting · 3.3 yr ROI

Supply Chain Management

$76K starting · 3.5 yr ROI

Operations Management

$76K starting · 3.8 yr ROI

Real Estate

$76K starting · 4 yr ROI

Business Administration

$88K starting · 4.2 yr ROI

Methodology & Education Data Sources

How we calculate Accounting degree outcomes in Babylon, NY: Our salary projections, ROI estimates, and tuition data combine multiple federal datasets to provide a localized view of education economics. We use a 10-year career-trajectory model standard in higher education research.

Tuition data sourced from IPEDS (Integrated Postsecondary Education Data System), the federal education statistics database operated by NCES. Average tuition for Accounting programs reflects 4-year public/private weighted averages for New York.
Career salary projections based on BLS Occupational Employment and Wage Statistics, with cost-of-living adjustments for Babylon using regional CPI data.
10-year ROI calculates: (Total Career Earnings With Degree) − (Total Career Earnings Without Degree) − (Total Education Cost Including Interest on Loans).
Job market outlook for Accounting graduates uses BLS Occupational Outlook Handbook 10-year projections (2024-2034 base period).
Default rates and loan data sourced from College Scorecard (US Department of Education), which tracks repayment outcomes by institution.

Authoritative US education data sources:

IPEDS — Integrated Postsecondary Education Data — official federal college data
College Scorecard (US Dept of Education) — earnings, debt, completion rates
BLS Occupational Outlook Handbook — Accounting career projections
Federal Student Aid (FAFSA) — official US student loan and grant info
NCES Digest of Education Statistics — comprehensive education data
BLS Occupational Employment and Wages — entry-level salary data for Accounting grads

Education Disclaimer: Salary and ROI estimates are projections based on national and state-level averages. Individual outcomes depend on institution prestige, GPA, internships, location, network, and economic conditions. Always verify current tuition with the institution directly, and consult a financial aid counselor before taking on student loans. Use the Federal Loan Simulator to model repayment scenarios.

Reviewed by Brazora Monk · Last updated 2026 · IPEDS & BLS data current as of latest annual release

Financial Aid Resources for Babylon Students

Beyond federal aid (FAFSA), New York students have access to state-specific grants, scholarships, and tuition assistance programs. The 2026-27 FAFSA also added a new Low Earnings Indicator (Dec 2025) flagging programs where graduates earn less than non-college peers — check your target school's status:

📋 Federal Aid (FAFSA)

Pell Grant up to $7,395/yr (2026-27). Subsidized loans at 6.53% (academic year 25-26):

🏛️ State Grants (New York)

State-specific grants stack with federal aid:

• USA.gov — New York programs
• NASFAA — State Aid Programs
• Search "new york higher education commission grants"

🎓 College Outcomes Data

Verify earnings + debt before enrolling:

• College Scorecard — earnings, debt, completion
• NCES College Navigator
• IPEDS Net Price Calculator Center

💰 Scholarship Search

Free, official, scam-free scholarship databases:

2026-27 FAFSA tip: The new Low Earnings Indicator flags programs where graduates earn less than non-graduates. Check this before enrolling. Speak with a NASFAA-credentialed financial aid counselor at your target school.

Accounting Degree in Babylon — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

Explore More

Compare Accounting ROI in other cities, or explore other majors in Babylon.

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