How Much Do Accounts Payable Associates Make?

Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary accounts payable associates make, you've come to the right place.

Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for accounts payable associates and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of accounts payable associates are offering as compensation.

Keep reading to learn more about how much accounts payable associates can expect to make in the United States.

At a Glance: Salary & Jobs for Accounts Payable Associates

According to data from 2023, there were about 1,598,890 positions for accounts payable associates in the United States. In terms of salary, the national median salary for accounts payable associates was reported to be $47,445. Additionally, when examining job demand, employers across the country posted 389,284 job postings related to positions for accounts payable associates.

How Much Money Do Accounts Payable Associates Make?

Median salary is just one data point. To build a better understanding of how much money accounts payable associates and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.

Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for accounts payable associates.

Annual Salary for Accounts Payable Associates

According to the BLS, the lowest earners for accounts payable associates and related professions earned about $32,469 per year in 2023. Meanwhile, at the other end of the spectrum, the highest earners made about $68,869 annually.

As mentioned previously, the median salary for accounts payable associates in the United States in 2023 was $47,445.

Hourly Salary for Accounts Payable Associates

The BLS also breaks down compensation for accounts payable associates by hourly salary, and the median average hourly pay for accounts payable associates in 2023 was $23. Lowest hourly earners took home $16 while the highest reported hourly salaries for accounts payable associates was $33.

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Advertised Compensation for Accounts Payable Associates

Data from the BLS is one way to dig into compensation for accounts payable associates, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for accounts payable associates.

Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™

Annual Salary from Job Postings for Accounts Payable Associates

During a review of 266,506 job postings related to accounts payable associates, advertised salary was included in 139,009 of them, which was 52%. Based on those postings, the median advertised salary for accounts payable associates was $47,488 per year.

Hourly Salary from Job Postings for Accounts Payable Associates

A similar analysis of job postings provides insight into advertised hourly salary for accounts payable associates. Based on 36% of postings with advertised compensation, the median hourly salary for open positions for accounts payable associates in the United States is about $23.

Salary Trend for Accounts Payable Associates

If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for accounts payable associates. The chart below provides a snapshot of advertised salaries over the past three years.

Based on compensation data that was included in job postings for accounts payable associates dating back to September 2020, advertised salaries for accounts payable associates have increased 20%.

What's the Job Growth for Accounts Payable Associates?

Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for accounts payable associates over the next 10 years.

According to the data obtained through Lightcast,™ there were 1,596,280 jobs for accounts payable associates in the United States in 2023. By 2033, it is expected that about 4,621 jobs will be added. That's a 0.3% increase over the next 10-year period.

Additional Links

Ready to dig deeper into career information about accounts payable associates? Visit our other pages focused on salary and education for accounts payable associates.

What do accounts payable associates do?
Accounts Payable Associates: How do you become one?

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