Average Accountants and Auditors Salary in Albany, GA
Accountants and Auditors in Albany, GA, earn an average annual salary of $75,400. This figure is notably below the national average of $94,430, reflecting regional economic factors and the specific demand dynamics within the Albany metropolitan area. Localized market conditions, including the concentration of businesses and the overall economic health of the region, play a significant role in shaping compensation for these essential finance professionals.
Executive Summary
- Average Salary: $75,400 per year.
- Growth Trend: Salaries have shifted 7.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $112,080.
- Outlook: The job market for Accountants and Auditors in Albany, GA, is characterized by a local workforce of approximately 400 professionals. With a Location Quotient of 0.71, the concentration of these roles is slightly below the national average, suggesting a stable but not rapidly expanding demand. The presence of 6.697 jobs per 1,000 workers indicates a consistent need for accounting and auditing services within the local economy.
Salary Overview
The average Accountants and Auditors in Albany, GA earns-20.2%below the national average.
$36.3
$1,450
$6,283
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Albany, GA, is not provided, it is generally assumed that the salaries for Accountants and Auditors have experienced a steady upward trend over the past four years, mirroring national patterns. This growth is typically driven by inflation, increasing demand for financial expertise, and the evolving complexity of regulatory environments, which collectively push compensation higher for skilled professionals.
Accountants and Auditors Salary Distribution in Albany, GA
Salary progression for Accountants and Auditors in Albany, GA, is significantly influenced by experience and specialization. Entry-level positions typically start at the lower end of the pay scale, while senior accountants and auditors with specialized knowledge or extensive experience can command salaries well above the average. The percentile gaps in earnings clearly signify career advancement opportunities, rewarding those who develop expertise and take on greater responsibilities within their firms.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,990 | $19.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $56,550 | $27.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $66,530 | $32 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $94,250 | $45.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $112,080 | $53.9 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$75,400
Gross Pay
Real Wage (Purchasing Power)
$75,400
Adjusted for COL (100)
The nominal average salary of $75,400 for Accountants and Auditors in Albany, GA, is directly offset by a Cost of Living Index of 100, which is precisely at the national average. This means that the purchasing power of an Accountant's or Auditor's salary in Albany is equivalent to the national average, offering a balanced financial landscape where take-home pay aligns with typical national expenses.
Job Market Context
400
Total Jobs
6.697
Per 1K Jobs
0.71
Location Quotient
Albany, GA has 0.71x the national average concentration of Accountants and Auditors jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a Location Quotient of 0.71, Albany, GA, presents a job market for Accountants and Auditors that is slightly less concentrated than the national average. This suggests that while the demand is present and stable, the market is not oversaturated, potentially offering good opportunities for skilled professionals. The lower concentration implies that employers may actively seek qualified candidates, but the overall volume of available positions might be more moderate compared to larger metropolitan areas.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Valdosta, GA Accountants and Auditors Salary | $78,860↑ 5% | 73 mi |
| Dothan, AL Accountants and Auditors Salary | $76,160↑ 1% | 76 mi |
| Columbus, GA-AL Accountants and Auditors Salary | $81,490↑ 8% | 76 mi |
| Warner Robins, GA Accountants and Auditors Salary | $84,650↑ 12% | 77 mi |
| Tallahassee, FL Accountants and Auditors Salary | $69,310↓ 8% | 78 mi |
Comparing salaries near Albany, GA
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Albany, GA?
The median annual salary for a Accountants and Auditors in Albany, GA is $75,400. This typically ranges from $40,990 for entry-level positions to $112,080 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albany, GA is 20.2% lower than the national median of $94,430.
Is Albany, GA a lucrative place for Accountants and Auditors?
No, not exceptionally lucrative compared to national averages.While Albany, GA offers a stable job market for Accountants and Auditors with an average salary of $75,400, this is below the national average of $94,430. However, the cost of living is also at the national average, making the salary's purchasing power comparable.
Is Albany, GA a good place to live for Accountants and Auditors?
The Cost of Living Index in Albany, GA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Albany, GA?
Some top paying nearby cities include Valdosta, GA ($78,860) and Dothan, AL.
How does the Albany, GA salary compare to the national average?
The average annual salary for Accountants and Auditors in Albany, GA, is $75,400, which is approximately 20% lower than the national average of $94,430.
What is the Cost of Living in Albany, GA for professionals?
Albany, GA, has a Cost of Living Index of 100, which is exactly the national average. This means the general cost of goods and services is comparable to the rest of the United States.
Is there high demand for Accountants and Auditors in Albany, GA?
The demand is stable, with 6.697 jobs per 1,000 workers and a Location Quotient of 0.71, indicating a slightly lower concentration than the national average but a consistent need within the local economy.
How does experience affect an Accountant's salary in Albany, GA?
Experience significantly impacts earnings, with entry-level positions offering lower salaries and senior roles commanding higher compensation, reflecting a typical career progression path seen across the industry.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 400 employees in the Albany, GA area with a job density of 6.697 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Accountants and Auditors Salaries by State
Top Jobs in Albany, GA
- All Occupations Salary in Albany, GA
- Office and Administrative Support Occupations Salary in Albany, GA
- Sales and Related Occupations Salary in Albany, GA
- Transportation and Material Moving Occupations Salary in Albany, GA
- Food Preparation and Serving Related Occupations Salary in Albany, GA
- Healthcare Practitioners and Technical Occupations Salary in Albany, GA
- Educational Instruction and Library Occupations Salary in Albany, GA
- Business and Financial Operations Occupations Salary in Albany, GA
- Production Occupations Salary in Albany, GA
- Installation, Maintenance, and Repair Occupations Salary in Albany, GA
- Browse All Jobs in Albany, GA →
Semantic Salary Analysis for Accountants and Auditors • Data source: BLS OEWS 2024 •Jobs in Albany, GA