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Average Accountants and Auditors Salary in Amherst Town-Northampton, MA

Accountants and Auditors in Amherst Town-Northampton, MA, earn an average annual salary of $88,830. This figure is slightly below the national average of $94,430, suggesting that while the demand for financial expertise is present, local market dynamics and potentially a different economic landscape contribute to this compensation level.

Executive Summary

  • Average Salary: $88,830 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $127,900.
  • Outlook: With a local workforce of 520 Accountants and Auditors, the job market in Amherst Town-Northampton, MA, indicates a stable, albeit not exceptionally concentrated, presence of these professionals. The Location Quotient of 0.78 signifies that the concentration of these roles is slightly below the national average, suggesting a moderate demand that aligns with the size of the local economy.
2024 Market Data

Salary Overview

$88,830

The average Accountants and Auditors in Amherst Town-Northampton, MA earns-5.9%below the national average.

BreakdownBased on 40h/week
Hourly

$42.7

Weekly

$1,708

Monthly

$7,403

Accountants and Auditors Salary Distribution in Amherst Town-Northampton, MA

Career progression for Accountants and Auditors in Amherst Town-Northampton, MA, typically involves a significant salary increase with experience. Entry-level positions might start considerably lower than the average, while senior roles, particularly those with specialized skills or management responsibilities, can command salaries well above the $88,830 mark, reflecting the value of accumulated expertise and leadership.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$57,140$27.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$66,623$32
ManagerOversees team, compliance, and project delivery.50% (Median)$80,740$38.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$111,038$53.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$127,900$61.5

Detailed Accountants and Auditors Market Analysis

Relocation Context

Nominal Salary

$88,830

Gross Pay

Real Wage (Purchasing Power)

$88,830

Adjusted for COL (100)

The average annual salary of $88,830 in Amherst Town-Northampton, MA, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of an Accountant's salary in this area is comparable to the national average, offering a balanced lifestyle without significant financial strain related to living expenses.

Job Market Context

520

Total Jobs

7.35

Per 1K Jobs

0.78

Location Quotient

Below Average

Amherst Town-Northampton, MA has 0.78x 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.

The Location Quotient of 0.78 for Accountants and Auditors in Amherst Town-Northampton, MA, indicates that this profession is less concentrated here than the national average. This suggests that while opportunities exist, the market may not be saturated, potentially offering a competitive edge for skilled professionals seeking employment in the area.

Nearby Job Markets

Nearby Cities for Accountants and Auditors

Comparing salaries near Amherst Town-Northampton, MA

Hiring Accountants and Auditorss?

Frequently Asked Questions

How much does a Accountants and Auditors make in Amherst Town-Northampton, MA?

The median annual salary for a Accountants and Auditors in Amherst Town-Northampton, MA is $88,830. This typically ranges from $57,140 for entry-level positions to $127,900 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Amherst Town-Northampton, MA is 5.9% lower than the national median of $94,430.

Is Amherst Town-Northampton, MA a lucrative place for Accountants and Auditors?

Moderately lucrative.The average salary of $88,830 is slightly below the national average, but the Cost of Living is also at the national average, making the purchasing power comparable.

Is Amherst Town-Northampton, MA a good place to live for Accountants and Auditors?

The Cost of Living Index in Amherst Town-Northampton, MA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Amherst Town-Northampton, MA?

Some top paying nearby cities include Springfield, MA ($91,630) and Worcester, MA.

How does the Amherst Town-Northampton, MA salary compare to the national average?

The average salary for Accountants and Auditors in Amherst Town-Northampton, MA is $88,830, which is approximately 6% lower than the national average of $94,430.

What is the concentration of Accountants and Auditors in Amherst Town-Northampton, MA?

The Location Quotient of 0.78 indicates that Accountants and Auditors are less concentrated in Amherst Town-Northampton, MA, compared to the national average.

How does the Cost of Living affect the salary in Amherst Town-Northampton, MA?

With a Cost of Living Index of 100, the salary of $88,830 in Amherst Town-Northampton, MA, offers purchasing power equivalent to the national average.

What is the total workforce size for Accountants and Auditors in Amherst Town-Northampton, MA?

There are approximately 520 Accountants and Auditors employed in the Amherst Town-Northampton, MA area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 520 employees in the Amherst Town-Northampton, MA area with a job density of 7.35 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.