Average Accountants and Auditors Salary in Albany, OR
Accountants and Auditors in Albany, OR, earn an average annual salary of $83,860. This figure is notably below the national average of $94,430, suggesting that local economic factors and demand dynamics play a significant role in compensation within this specific region. The pay scale in Albany reflects the unique economic landscape and the concentration of accounting roles available.
Executive Summary
- Average Salary: $83,860 per year.
- Growth Trend: Salaries have shifted 31.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $118,560.
- Outlook: The accounting and auditing job market in Albany, OR, shows a modest presence with a total local workforce of 210 professionals. The Location Quotient of 0.49 indicates that the concentration of these roles is less than half the national average, suggesting a less saturated but potentially less robust demand compared to national trends. While the absolute number of jobs is not high, the existing workforce indicates a stable, albeit niche, employment base.
Salary Overview
The average Accountants and Auditors in Albany, OR earns-11.2%below the national average.
$40.3
$1,613
$6,988
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Albany, OR, is not provided, it is generally assumed that the accounting and auditing field has experienced steady salary growth over the past four years, mirroring national trends. Factors such as inflation, increasing demand for financial expertise, and evolving regulatory landscapes likely contribute to a gradual upward trajectory in compensation for these professionals.
Accountants and Auditors Salary Distribution in Albany, OR
Salary progression for Accountants and Auditors in Albany, OR, typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while senior roles requiring extensive expertise and a proven track record command significantly higher salaries. The percentile gaps between junior and senior professionals highlight clear career advancement opportunities and the increasing value placed on seasoned financial experts.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,110 | $28.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $62,895 | $30.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $79,040 | $38 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $104,825 | $50.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $118,560 | $57 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$83,860
Gross Pay
Real Wage (Purchasing Power)
$83,860
Adjusted for COL (100)
With an average annual salary of $83,860 and a Cost of Living Index of 100 (matching the national average), the nominal salary in Albany, OR, offers purchasing power equivalent to the national standard. This means that while the salary is below the national average, the cost of living does not further diminish its real value, presenting a balanced financial scenario for professionals.
Job Market Context
210
Total Jobs
4.601
Per 1K Jobs
0.49
Location Quotient
At 0.49x, Albany, OR has a notably lower concentration of Accountants and Auditors jobs than the national average. Opportunities in this area are relatively scarce for this profession.
The Location Quotient of 0.49 for Accountants and Auditors in Albany, OR, signifies that the profession is less concentrated locally than the national average. This suggests that while there are fewer accounting roles per capita compared to the rest of the country, the market may be less competitive for job seekers, potentially offering more opportunities for those with specialized skills or a desire to enter a less saturated field.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Corvallis, OR Accountants and Auditors Salary | $81,230↓ 3% | 10 mi |
| Salem, OR Accountants and Auditors Salary | $87,640↑ 5% | 21 mi |
| Eugene-Springfield, OR Accountants and Auditors Salary | $83,550↓ 0% | 39 mi |
| Coast Oregon nonmetropolitan area Accountants and Auditors Salary | $80,410↓ 4% | 51 mi |
| Eastern Oregon nonmetropolitan area Accountants and Auditors Salary | $79,510↓ 5% | 51 mi |
Comparing salaries near Albany, OR
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Albany, OR?
The median annual salary for a Accountants and Auditors in Albany, OR is $83,860. This typically ranges from $59,110 for entry-level positions to $118,560 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albany, OR is 11.2% lower than the national median of $94,430.
Is Albany, OR a lucrative place for Accountants and Auditors?
No, not exceptionally lucrative compared to national averages.While the average salary of $83,860 is respectable, it falls below the national average of $94,430. However, the cost of living being at the national average means the salary's purchasing power is maintained.
Is Albany, OR a good place to live for Accountants and Auditors?
The Cost of Living Index in Albany, OR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Albany, OR?
Some top paying nearby cities include Corvallis, OR ($81,230) and Salem, OR.
How does the number of Accountants and Auditors in Albany compare nationally?
Albany, OR has a total local workforce of 210 Accountants and Auditors, with 4.601 jobs per 1,000 workers, which is less than half the national concentration indicated by a Location Quotient of 0.49.
What is the impact of experience on an Accountant's salary in Albany, OR?
Experience is a key driver of salary increases for Accountants and Auditors in Albany, OR. Senior roles with substantial experience command higher salaries than entry-level positions, reflecting a typical career progression.
How does the cost of living in Albany, OR affect the salary of an Accountant?
The Cost of Living Index in Albany, OR, is 100, which is the national average. This means the average salary of $83,860 has the same purchasing power as it would in a typical US city.
Is the job market for Accountants and Auditors in Albany, OR competitive?
With a Location Quotient of 0.49, the market is less concentrated than the national average, suggesting it may be less competitive for job seekers compared to more saturated areas.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Albany, OR area with a job density of 4.601 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Accountants and Auditors • Data source: BLS OEWS 2024 •Jobs in Albany, OR