Accounting and Related Services at Lakeland Community College
OH · Associate's Degree · CIP 52.03
Executive Summary
Graduates with a Accounting and Related Services degree from Lakeland Community College earn a median salary of $52,554 within five years of graduation. Adjusted for the cost of living in OH, this represents a national purchasing power equivalent of $58,329. The degree typically pays for itself in 10.1 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
$41,449
Typical Career
$52,554
Top Performers
$68,098
Estimated break-even: 10.1 years.
Debt-to-Income Check
$350
Estimated comfortable monthly loan payment
Typical monthly pay is approximately $4,380. Most students can comfortably afford about a $350 monthly loan payment with this degree.
Comparison Bench
This degree earns 1.4x more than the average US high school graduate and 0.7x more than the average college graduate.
Purchasing Power Context
A dollar in Ohio buys what costs $0.90 nationally.
Industry Breadcrumbs
Top industries for bachelor's graduates from this school: Health Care & Social Assistance, Manufacturing, Retail Trade.
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
$58,329
Nominal: $52,554 in Ohio (COL 90.1% of national avg) · 11% 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 | $29,759 | $41,863 | $55,868 |
| 5 Years After Graduation | $41,449 | $52,554 | $68,098 |
| 10 Years After Graduation | $47,726 | $65,986 | $90,933 |
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 $52,554 is reported by the US Census Bureau's Post-Secondary Employment Outcomes (PSEO) dataset for graduates working in OH, which has a cost-of-living index of 90.1% of the national average.
Formula: Adjusted Salary = Nominal × (1.0 ÷ COL Index)
= $52,554 × (1.0 ÷ 0.9010)
= $58,329 National Average equivalent.
COL index source: BLS Regional Consumer Price Index & MIT Living Wage Project, 2023. Full methodology →
Career Verdict
The top industries for graduates predominantly include Health Care & Social Assistance, with 35.7% entering this sector shortly after graduation. This trend continues with 30.0% and 29.9% of graduates also finding opportunities in similar fields. The estimated break-even point for those pursuing this degree compared to a high-school-only path is approximately 9.1 years, suggesting that the investment in education is likely to yield a favorable return on investment over time, particularly in a growing industry.
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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.