Average Accountants and Auditors Salary in Birmingham, AL
Accountants and Auditors in Birmingham, AL, earn an average annual salary of $82,830. This figure is notably below the national average of $94,430, reflecting localized economic factors and demand within the Birmingham metropolitan area. While the nominal salary is lower, the cost of living parity offers a unique perspective on purchasing power.
Executive Summary
- Average Salary: $82,830 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $126,140.
- Outlook: The Birmingham, AL market supports a substantial workforce of 7,980 Accountants and Auditors. With a Location Quotient of 1.64, this indicates a concentration of these professionals significantly above the national average, suggesting a robust and established demand for their specialized skills within the region's economic landscape.
Salary Overview
The average Accountants and Auditors in Birmingham, AL earns-12.3%below the national average.
$39.8
$1,593
$6,903
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that the compensation for Accountants and Auditors in Birmingham has seen consistent growth over the past four years, mirroring national trends. Salary increases are typically driven by inflation, evolving industry demands, and the need to attract and retain skilled professionals in a competitive market.
Accountants and Auditors Salary Distribution in Birmingham, AL
Career progression for Accountants and Auditors in Birmingham, AL, is clearly delineated by experience. Entry-level positions typically start at the lower end of the salary spectrum, while senior roles and specialized positions command significantly higher compensation. The percentile gaps in earnings underscore the substantial financial rewards associated with accumulating experience and expertise in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,690 | $24.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $62,123 | $29.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,390 | $36.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $103,538 | $49.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $126,140 | $60.6 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$82,830
Gross Pay
Real Wage (Purchasing Power)
$82,830
Adjusted for COL (100)
The average annual salary of $82,830 for Accountants and Auditors in Birmingham, AL, aligns perfectly with the local Cost of Living Index of 100. This means that the nominal salary has the same purchasing power as the national average salary would in a national average cost of living area, providing a stable financial foundation for residents.
Job Market Context
7,980
Total Jobs
15.404
Per 1K Jobs
1.64
Location Quotient
Birmingham, AL has 1.6x the national concentration of Accountants and Auditors jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
Birmingham, AL, exhibits a strong concentration of Accountants and Auditors, as evidenced by its Location Quotient of 1.64. This suggests that the demand for these professionals is more than double the national average relative to the general workforce, indicating a competitive yet opportunity-rich environment for those in the accounting and auditing profession.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Tuscaloosa, AL Accountants and Auditors Salary | $79,080↓ 5% | 47 mi |
| Northeast Alabama nonmetropolitan area Accountants and Auditors Salary | $70,600↓ 15% | 50 mi |
| Southeast Alabama nonmetropolitan area Accountants and Auditors Salary | $77,050↓ 7% | 50 mi |
| Northwest Alabama nonmetropolitan area Accountants and Auditors Salary | $73,160↓ 12% | 50 mi |
| Southwest Alabama nonmetropolitan area Accountants and Auditors Salary | $74,430↓ 10% | 50 mi |
Comparing salaries near Birmingham, AL
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Birmingham, AL?
The median annual salary for a Accountants and Auditors in Birmingham, AL is $82,830. This typically ranges from $50,690 for entry-level positions to $126,140 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Birmingham, AL is 12.3% lower than the national median of $94,430.
Is Birmingham, AL a lucrative place for Accountants and Auditors?
Yes, with a caveat regarding national comparisons.Birmingham, AL, offers a solid average salary of $82,830 for Accountants and Auditors, which holds strong purchasing power due to a cost of living index matching the national average. The high concentration of these roles also points to a healthy job market.
Is Birmingham, AL a good place to live for Accountants and Auditors?
The Cost of Living Index in Birmingham, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Birmingham, AL?
Some top paying nearby cities include Tuscaloosa, AL ($79,080) and Northeast Alabama nonmetropolitan area.
How does the Birmingham salary compare to the national average?
The average salary for Accountants and Auditors in Birmingham, AL, is $82,830, which is approximately 12.3% lower than the national average of $94,430.
What is the significance of the Location Quotient in Birmingham?
A Location Quotient of 1.64 signifies that Birmingham has a significantly higher concentration of Accountants and Auditors compared to the national average, indicating strong local demand and a specialized job market.
How does the cost of living affect the salary in Birmingham?
With a Cost of Living Index of 100, Birmingham's cost of living is exactly at the national average. This means the $82,830 salary has the same relative purchasing power as the national average salary in a national average cost of living area.
What is the total number of Accountants and Auditors in Birmingham?
There are approximately 7,980 Accountants and Auditors employed in the Birmingham, AL, 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 7,980 employees in the Birmingham, AL area with a job density of 15.404 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 Birmingham, AL