Accountant Salary in Markham (2026)
Is 77,500/year enough to live in Markham?
Trusted by 50,000+ Canadians · Updated for 2026 tax rates · Try different salary
Accountant Salary Analysis in Markham
Finance professionals in Markham benefit from a diverse employer base spanning banking, insurance, and corporate finance. Accountants average $77,500/year, reflecting both local market conditions and the city's cost of living index of 125.
After federal and Ontario provincial taxes at a combined rate of 29.5%, take-home pay is approximately 54,614/year — or $4,551/month.
Markham offers a good balance of opportunity and affordability. With rent starting at $2,200/month for a 1-bedroom, a accountant earning $4,551/month take-home has solid financial flexibility compared to larger Canadian cities.
Accountant Salary Range in Markham
Cost of Living in Markham
Housing Costs
City Overview
How to Increase Your Accountant Salary
CPA or CFA designation can increase salary by $15,000–$30,000/year
Big 4 accounting firms offer structured career paths and strong starting salaries
Financial services in Toronto and Calgary tend to pay the highest in Canada
Frequently Asked Questions
What is the average accountant salary in Markham?
The average accountant salary in Markham, ON is $77,500 per year as of 2026. This is above the national average of $62,000, primarily due to Markham's cost of living index of 125 (Canada average: 100).
How much does a accountant take home after taxes in Markham?
After federal and Ontario provincial taxes (combined effective rate: 29.5%), a accountant in Markham takes home approximately $54,614/year — that's $4,551/month or $2,101 bi-weekly.
Is $77,500 a good salary in Markham?
Markham has a high cost of living (index: 125), so $77,500 is a comfortable salary that covers housing and living expenses with room to save.
What is the salary range for accountants in Markham?
Accountants in Markham typically earn between $56,250 and $106,250 per year, depending on experience, specialization, and employer. Entry-level positions start around $56,250, while senior roles can exceed $106,250.
How fast is the accountant job market growing in Markham?
The accountant field is growing at approximately 6.8% nationally, a steady pace that reflects stable long-term demand. Markham currently has an estimated 152 openings, with an unemployment rate of 5.2%.