Average Accountants and Auditors Salary in Blacksburg-Christiansburg-Radford, VA
Accountants and Auditors in the Blacksburg-Christiansburg-Radford, VA area earn an average annual salary of $76,640. This figure is notably below the national average of $94,430, suggesting that local market dynamics, such as industry concentration and demand, play a significant role in compensation levels within this Virginia region.
Executive Summary
- Average Salary: $76,640 per year.
- Growth Trend: Salaries have shifted 0.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $114,220.
- Outlook: With a local workforce of 490 Accountants and Auditors, the Blacksburg-Christiansburg-Radford area presents a moderately sized professional pool. The Location Quotient of 0.71 indicates a slightly lower concentration of these roles compared to the national average, suggesting a stable but not overly saturated job market for accounting professionals in this locale.
Salary Overview
The average Accountants and Auditors in Blacksburg-Christiansburg-Radford, VA earns-18.8%below the national average.
$36.8
$1,474
$6,387
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Blacksburg-Christiansburg-Radford is not provided, it is generally assumed that the accounting profession has experienced steady salary growth over the past four years, mirroring national trends. Factors such as inflation, increasing demand for specialized financial services, and the evolving regulatory landscape likely contribute to this upward salary trajectory.
Accountants and Auditors Salary Distribution in Blacksburg-Christiansburg-Radford, VA
The salary spectrum for Accountants and Auditors typically widens significantly with experience. Entry-level positions often start at the lower end of the pay scale, while senior accountants and auditors with specialized skills and extensive experience can command salaries well above the average. The percentile gaps in earnings clearly signify the career progression and increased earning potential available within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,310 | $22.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,480 | $27.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $67,490 | $32.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $95,800 | $46.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $114,220 | $54.9 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$76,640
Gross Pay
Real Wage (Purchasing Power)
$76,640
Adjusted for COL (100)
The average annual salary of $76,640 in Blacksburg-Christiansburg-Radford 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 equivalent to the national average, offering a balanced financial landscape where income and expenses are relatively stable compared to the rest of the country.
Job Market Context
490
Total Jobs
6.633
Per 1K Jobs
0.71
Location Quotient
Blacksburg-Christiansburg-Radford, VA has 0.71x 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 0.71 for Accountants and Auditors in Blacksburg-Christiansburg-Radford suggests that the profession is slightly less concentrated here than the national average. This indicates a potentially competitive market for talent, where employers might need to offer attractive compensation to secure skilled professionals, but also implies a steady demand that supports the existing workforce size.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Roanoke, VA Accountants and Auditors Salary | $76,000↓ 1% | 26 mi |
| Beckley, WV Accountants and Auditors Salary | $80,980↑ 6% | 57 mi |
| Lynchburg, VA Accountants and Auditors Salary | $81,050↑ 6% | 69 mi |
| Winston-Salem, NC Accountants and Auditors Salary | $83,750↑ 9% | 79 mi |
| Greensboro-High Point, NC Accountants and Auditors Salary | $85,840↑ 12% | 85 mi |
Comparing salaries near Blacksburg-Christiansburg-Radford, VA
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Frequently Asked Questions
How much does a Accountants and Auditors make in Blacksburg-Christiansburg-Radford, VA?
The median annual salary for a Accountants and Auditors in Blacksburg-Christiansburg-Radford, VA is $76,640. This typically ranges from $47,310 for entry-level positions to $114,220 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Blacksburg-Christiansburg-Radford, VA is 18.8% lower than the national median of $94,430.
Is Blacksburg-Christiansburg-Radford, VA a lucrative place for Accountants and Auditors?
No, but it offers stable earning potential.While the average salary of $76,640 is below the national average, the cost of living is also at the national average, indicating stable purchasing power. The market is not oversaturated, suggesting consistent demand for skilled professionals.
Is Blacksburg-Christiansburg-Radford, VA a good place to live for Accountants and Auditors?
The Cost of Living Index in Blacksburg-Christiansburg-Radford, VA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Blacksburg-Christiansburg-Radford, VA?
Some top paying nearby cities include Roanoke, VA ($76,000) and Beckley, WV.
How does the local salary compare to the national average?
The average annual salary for Accountants and Auditors in Blacksburg-Christiansburg-Radford, VA is $76,640, which is lower than the national average of $94,430.
What is the concentration of Accountants and Auditors in this area?
The Location Quotient for Accountants and Auditors in Blacksburg-Christiansburg-Radford, VA is 0.71, indicating a slightly lower concentration compared to the national average.
How does the cost of living affect the salary in Blacksburg-Christiansburg-Radford, VA?
The cost of living index is 100, which is the national average. This means the $76,640 salary has the same purchasing power as the national average salary.
What is the total workforce size for Accountants and Auditors locally?
There are approximately 490 Accountants and Auditors employed in the Blacksburg-Christiansburg-Radford, VA area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 490 employees in the Blacksburg-Christiansburg-Radford, VA area with a job density of 6.633 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 Blacksburg-Christiansburg-Radford, VA