Average Accountants and Auditors Salary in Augusta-Richmond County, GA-SC
Accountants and Auditors in Augusta-Richmond County, GA-SC earn an average annual salary of $79,770. This figure is notably below the national average of $94,430, reflecting regional economic factors and the specific demand within this metropolitan area. The local job market dynamics and industry concentration play a significant role in shaping compensation for these vital financial professionals.
Executive Summary
- Average Salary: $79,770 per year.
- Growth Trend: Salaries have shifted 21.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $128,130.
- Outlook: The Augusta-Richmond County area supports a local workforce of 1,360 Accountants and Auditors. With a Location Quotient of 0.63, the concentration of these roles is below the national average, suggesting a less saturated market compared to other regions. While not a major hub for this profession, the steady presence of 5.922 jobs per 1,000 workers indicates a consistent, albeit moderate, demand for accounting and auditing services within the local economy.
Salary Overview
The average Accountants and Auditors in Augusta-Richmond County, GA-SC earns-15.5%below the national average.
$38.4
$1,534
$6,648
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Augusta-Richmond County's accountant salaries over the past four years is not provided, it is generally assumed that compensation for skilled professionals in this field has seen incremental growth. Economic recovery, inflation, and evolving business needs typically drive modest annual increases in salaries for Accountants and Auditors across most U.S. markets, including this one.
Accountants and Auditors Salary Distribution in Augusta-Richmond County, GA-SC
Salary progression for Accountants and Auditors in Augusta-Richmond County, as elsewhere, is strongly tied to experience and specialization. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with expertise in areas like forensic accounting, auditing, or tax law can expect significantly higher earnings. The widening gap between the 25th percentile and the 75th percentile salaries clearly signifies the substantial career advancement and earning potential available with increased experience and skill development.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,430 | $22.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $59,828 | $28.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $72,350 | $34.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $99,713 | $47.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $128,130 | $61.6 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$79,770
Gross Pay
Real Wage (Purchasing Power)
$79,770
Adjusted for COL (100)
The average annual salary of $79,770 for Accountants and Auditors in Augusta-Richmond County aligns precisely with the national average cost of living, indicated by an index of 100. This means that the purchasing power of an accountant's salary in this region is neither significantly enhanced nor diminished by local living expenses when compared to the national benchmark. Consequently, the nominal salary translates directly to a comparable standard of living relative to the rest of the country.
Job Market Context
1,360
Total Jobs
5.922
Per 1K Jobs
0.63
Location Quotient
Augusta-Richmond County, GA-SC has 0.63x 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 0.63 for Accountants and Auditors in Augusta-Richmond County suggests that the profession is less concentrated here than the national average. This indicates that while there is a stable presence of these roles, the market is not saturated. For professionals, this could mean a competitive job search, but also potentially less intense competition for roles compared to highly concentrated areas. For employers, it signifies a need to attract talent from outside the immediate region or invest in local development.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Northwestern South Carolina nonmetropolitan area Accountants and Auditors Salary | $80,090↑ 0% | 73 mi |
| Northeastern South Carolina nonmetropolitan area Accountants and Auditors Salary | $81,370↑ 2% | 73 mi |
| Southern South Carolina nonmetropolitan area Accountants and Auditors Salary | $79,820↑ 0% | 73 mi |
| Columbia, SC Accountants and Auditors Salary | $72,610↓ 9% | 82 mi |
| Athens-Clarke County, GA Accountants and Auditors Salary | $81,630↑ 2% | 85 mi |
Comparing salaries near Augusta-Richmond County, GA-SC
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Frequently Asked Questions
How much does a Accountants and Auditors make in Augusta-Richmond County, GA-SC?
The median annual salary for a Accountants and Auditors in Augusta-Richmond County, GA-SC is $79,770. This typically ranges from $46,430 for entry-level positions to $128,130 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Augusta-Richmond County, GA-SC is 15.5% lower than the national median of $94,430.
Is Augusta-Richmond County, GA-SC a lucrative place for Accountants and Auditorss?
No, not particularly lucrative compared to the national average.The average salary of $79,770 is significantly lower than the national average of $94,430. However, the cost of living is also at the national average, meaning the lower salary has equivalent purchasing power locally.
Is Augusta-Richmond County, GA-SC a good place to live for Accountants and Auditors?
The Cost of Living Index in Augusta-Richmond County, GA-SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Augusta-Richmond County, GA-SC?
Some top paying nearby cities include Northwestern South Carolina nonmetropolitan area ($80,090) and Northeastern South Carolina nonmetropolitan area.
How does the Augusta-Richmond County accountant salary compare to the national average?
The average annual salary for Accountants and Auditors in Augusta-Richmond County, GA-SC is $79,770, which is approximately $14,660 less than the national average of $94,430.
What is the concentration of Accountants and Auditors in Augusta-Richmond County?
The concentration, measured by the Location Quotient, is 0.63, indicating that the proportion of Accountants and Auditors in the local workforce is lower than the national average.
Does the cost of living affect the value of an accountant's salary in Augusta?
No, the cost of living in Augusta-Richmond County is exactly at the national average (index of 100), meaning the $79,770 salary has the same relative purchasing power as the national average salary across the country.
How many Accountants and Auditors are employed in Augusta-Richmond County?
There are approximately 1,360 Accountants and Auditors employed in the Augusta-Richmond County, GA-SC area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,360 employees in the Augusta-Richmond County, GA-SC area with a job density of 5.922 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 Augusta-Richmond County, GA-SC