Average Accountants and Auditors Salary in Asheville, NC
Accountants and Auditors in Asheville, NC, earn an average annual salary of $84,390. This figure is notably below the national average of $94,430, suggesting that local economic factors and industry demand play a significant role in compensation within this vibrant North Carolina city.
Executive Summary
- Average Salary: $84,390 per year.
- Growth Trend: Salaries have shifted 13.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $131,540.
- Outlook: With a local workforce of 1,500 Accountants and Auditors, Asheville presents a moderately sized professional community. The Location Quotient of 0.85 indicates a slightly lower concentration of these roles compared to the national average, suggesting a stable but not overly saturated job market.
Salary Overview
The average Accountants and Auditors in Asheville, NC earns-10.6%below the national average.
$40.6
$1,623
$7,033
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Accountants and Auditors in Asheville, like in most markets over the past four years, have experienced a steady upward trend. This growth is typically driven by inflation, increasing demand for financial expertise, and evolving regulatory landscapes.
Accountants and Auditors Salary Distribution in Asheville, NC
Salary progression for Accountants and Auditors in Asheville is strongly tied to experience. Entry-level positions typically start at the lower end of the pay scale, while senior roles, requiring extensive expertise and leadership, command significantly higher compensation. The widening gap between the 25th and 75th percentiles clearly illustrates this career growth potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,680 | $22.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $63,293 | $30.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,290 | $36.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $105,488 | $50.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $131,540 | $63.2 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$84,390
Gross Pay
Real Wage (Purchasing Power)
$84,390
Adjusted for COL (100)
The average annual salary of $84,390 in Asheville aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of an Accountant or Auditor's income in Asheville is equivalent to that of their counterparts across the country.
Job Market Context
1,500
Total Jobs
7.978
Per 1K Jobs
0.85
Location Quotient
Asheville, NC has 0.85x 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.
A Location Quotient of 0.85 for Accountants and Auditors in Asheville suggests that the profession is slightly less concentrated than the national average. This could imply a balanced job market where demand is consistent, but perhaps not as intense as in major metropolitan hubs, offering steady opportunities without extreme competition.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Greenville-Anderson-Greer, SC Accountants and Auditors Salary | $85,100↑ 1% | 52 mi |
| Johnson City, TN Accountants and Auditors Salary | $69,100↓ 18% | 54 mi |
| Spartanburg, SC Accountants and Auditors Salary | $80,100↓ 5% | 56 mi |
| Morristown, TN Accountants and Auditors Salary | $73,310↓ 13% | 61 mi |
| Kingsport-Bristol, TN-VA Accountants and Auditors Salary | $78,850↓ 7% | 66 mi |
Comparing salaries near Asheville, NC
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Asheville, NC?
The median annual salary for a Accountants and Auditors in Asheville, NC is $84,390. This typically ranges from $47,680 for entry-level positions to $131,540 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Asheville, NC is 10.6% lower than the national median of $94,430.
Is Asheville, NC a lucrative place for Accountants and Auditorss?
No, not exceptionally lucrative compared to the national average.While the average salary of $84,390 is substantial, it falls short of the national average. However, the equivalent cost of living means your earnings retain their value locally.
Is Asheville, NC a good place to live for Accountants and Auditors?
The Cost of Living Index in Asheville, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Asheville, NC?
Some top paying nearby cities include Greenville-Anderson-Greer, SC ($85,100) and Johnson City, TN.
How does Asheville's Accountant salary compare to the national average?
The average annual salary for Accountants and Auditors in Asheville, NC, is $84,390, which is approximately $10,000 less than the national average of $94,430.
What is the Cost of Living in Asheville, NC for professionals?
Asheville, NC, has a Cost of Living Index of 100, which is exactly the national average, indicating that the general cost of goods and services is comparable nationwide.
How concentrated is the Accountant and Auditor job market in Asheville?
The job market for Accountants and Auditors in Asheville has a Location Quotient of 0.85, meaning it is slightly less concentrated than the national average.
What is the total number of Accountants and Auditors in Asheville?
There are approximately 1,500 Accountants and Auditors employed within the Asheville, NC, metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,500 employees in the Asheville, NC area with a job density of 7.978 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 Asheville, NC