Accounting and Related Services at Iowa Central Community College
IA · Associate's Degree · CIP 52.03
Executive Summary
Graduates with a Accounting and Related Services degree from Iowa Central Community College earn a median salary of $44,521 within five years of graduation. Adjusted for the cost of living in IA, this represents a national purchasing power equivalent of $49,911. The degree typically pays for itself in 15 years.
Quick Insights
How this degree looks at a glance
A fast read on salary range, break-even speed, living-cost impact, and where graduates from this school usually land.
Salary Ranges
Starting Range
$34,351
Typical Career
$44,521
Top Performers
$56,140
Estimated break-even: 15 years.
Debt-to-Income Check
$297
Estimated comfortable monthly loan payment
Typical monthly pay is approximately $3,710. Most students can comfortably afford about a $297 monthly loan payment with this degree.
Comparison Bench
This degree earns 1.1x more than the average US high school graduate and 0.6x more than the average college graduate.
Purchasing Power Context
A dollar in Iowa buys what costs $0.89 nationally.
Industry Breadcrumbs
Top industries for bachelor's graduates from this school: Health Care & Social Assistance, Manufacturing, Educational Services.
Where Associate's Graduates from This School Work
Institution-wide industry mix for graduates, 5 years after graduation. This is not major-specific. Source: Census PSEO Flows.
5-Year Median Salary — National Purchasing Power Equivalent
$49,911
Nominal: $44,521 in Iowa (COL 89.2% of national avg) · 12.1% higher purchasing power
10-Year Earnings Curve
Break-Even Timeline
How long until cumulative earnings advantage exceeds total college investment (tuition + opportunity cost vs. entering workforce directly after high school).
Total Investment
$155,168
4yr tuition + 4yr opportunity cost
HS Graduate Baseline
$38,792/yr
BLS 2023 median, HS diploma
View Raw Data: Median Earnings by Year
| Timeframe | 25th Pct. | Median (50th) | 75th Pct. |
|---|---|---|---|
| 1 Year After Graduation | $24,401 | $32,492 | $41,887 |
| 5 Years After Graduation | $34,351 | $44,521 | $56,140 |
| 10 Years After Graduation | $43,820 | $56,877 | $73,565 |
Source: US Census Bureau Post-Secondary Employment Outcomes (PSEO), 2025 release. Earnings shown for Bachelor's degree graduates (all cohorts combined).
How We Calculate Purchasing Power
The median salary of $44,521 is reported by the US Census Bureau's Post-Secondary Employment Outcomes (PSEO) dataset for graduates working in IA, which has a cost-of-living index of 89.2% of the national average.
Formula: Adjusted Salary = Nominal × (1.0 ÷ COL Index)
= $44,521 × (1.0 ÷ 0.8920)
= $49,911 National Average equivalent.
COL index source: BLS Regional Consumer Price Index & MIT Living Wage Project, 2023. Full methodology →
Career Verdict
The primary industries that graduates enter are predominantly within Health Care & Social Assistance, with 48.9% of graduates entering this field. This trend suggests a strong demand for accounting professionals in sectors that are growing and stable. However, the estimated break-even point for graduates compared to those with only a high school diploma is approximately 17.1 years, indicating a significant time investment before realizing a return on educational expenses. Overall, while the earnings potential is promising, students should consider the long-term financial implications of their educational choices.
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Data sources: US Census Bureau Post-Secondary Employment Outcomes (PSEO). Cost-of-living index: BLS Regional CPI & MIT Living Wage Project. Cost of attendance: IPEDS. For informational use only; data may be suppressed for small cohort sizes.