Average Accountants and Auditors Salary in Auburn-Opelika, AL
Accountants and Auditors in Auburn-Opelika, AL earn an average annual salary of $75,130. This figure is notably below the national average of $94,430, suggesting that local market dynamics and potentially a lower cost of doing business influence compensation in this region. The specific economic landscape of Auburn-Opelika shapes the earning potential for these vital financial professionals.
Executive Summary
- Average Salary: $75,130 per year.
- Growth Trend: Salaries have shifted 10.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $106,650.
- Outlook: The Auburn-Opelika area supports a dedicated workforce of 710 Accountants and Auditors. With a Location Quotient of 1.05, the concentration of these professionals is slightly above the national average, indicating a stable and perhaps growing demand within the local economy. The presence of nearly 10 jobs per 1,000 workers further underscores the consistent need for accounting expertise in the region.
Salary Overview
The average Accountants and Auditors in Auburn-Opelika, AL earns-20.4%below the national average.
$36.1
$1,445
$6,261
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Auburn-Opelika is not provided, it is reasonable to assume that salaries for Accountants and Auditors in the area have experienced growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for specialized financial services, and the overall economic health of the region likely contribute to a gradual upward trajectory in compensation for these professionals.
Accountants and Auditors Salary Distribution in Auburn-Opelika, AL
Salary progression for Accountants and Auditors in Auburn-Opelika, AL, typically scales significantly with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and extensive experience can command salaries well above the average. The widening gap between entry-level and senior-level salaries reflects the career advancement and increased responsibility associated with higher positions.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,790 | $23 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $56,348 | $27.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $67,490 | $32.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $93,913 | $45.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $106,650 | $51.3 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$75,130
Gross Pay
Real Wage (Purchasing Power)
$75,130
Adjusted for COL (100)
The average annual salary of $75,130 in Auburn-Opelika, AL, is directly aligned with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power effectively within the region, as expenses for goods and services are comparable to the national standard. Therefore, the $75,130 salary offers a standard of living equivalent to the national average.
Job Market Context
710
Total Jobs
9.881
Per 1K Jobs
1.05
Location Quotient
With a location quotient of 1.05, Auburn-Opelika, AL has a slightly higher-than-average concentration of Accountants and Auditors roles compared to the national norm.
With a Location Quotient of 1.05, the Auburn-Opelika, AL market shows a slightly higher concentration of Accountants and Auditors compared to the national average. This suggests a healthy, competitive job market where demand is robust enough to support a workforce slightly denser than the national norm. While not a significantly oversupplied market, the concentration indicates a solid presence and ongoing need for these financial professionals.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Columbus, GA-AL Accountants and Auditors Salary | $81,490↑ 8% | 36 mi |
| Montgomery, AL Accountants and Auditors Salary | $78,590↑ 5% | 49 mi |
| Anniston-Oxford, AL Accountants and Auditors Salary | $72,050↓ 4% | 76 mi |
| Northeast Alabama nonmetropolitan area Accountants and Auditors Salary | $70,600↓ 6% | 77 mi |
| Southeast Alabama nonmetropolitan area Accountants and Auditors Salary | $77,050↑ 3% | 77 mi |
Comparing salaries near Auburn-Opelika, AL
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Frequently Asked Questions
How much does a Accountants and Auditors make in Auburn-Opelika, AL?
The median annual salary for a Accountants and Auditors in Auburn-Opelika, AL is $75,130. This typically ranges from $47,790 for entry-level positions to $106,650 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Auburn-Opelika, AL is 20.4% lower than the national median of $94,430.
Is Auburn-Opelika, AL a lucrative place for Accountants and Auditors?
No, not exceptionally lucrative compared to the national average.While the average salary of $75,130 is stable with the local cost of living, it falls significantly short of the national average salary of $94,430.
Is Auburn-Opelika, AL a good place to live for Accountants and Auditors?
The Cost of Living Index in Auburn-Opelika, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Auburn-Opelika, AL?
Some top paying nearby cities include Columbus, GA-AL ($81,490) and Montgomery, AL.
What is the average salary for Accountants and Auditors in Auburn-Opelika, AL?
The average annual salary for Accountants and Auditors in Auburn-Opelika, AL is $75,130.
How does the Auburn-Opelika salary compare to the national average?
The average salary in Auburn-Opelika ($75,130) is lower than the national average ($94,430).
What is the cost of living in Auburn-Opelika, AL?
The cost of living in Auburn-Opelika, AL is at the national average, indicated by an index of 100.
How concentrated is the Accountant and Auditor job market in Auburn-Opelika?
The job market is slightly more concentrated than the national average, with a Location Quotient of 1.05, suggesting a stable demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 710 employees in the Auburn-Opelika, AL area with a job density of 9.881 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 Auburn-Opelika, AL