Average Accountants and Auditors Salary in Bowling Green, KY
Accountants and Auditors in Bowling Green, KY, earn an average annual salary of $73,140. This figure is notably below the national average of $94,430, reflecting the localized economic factors and demand specific to the Bowling Green area. While the nominal salary may seem lower, it's crucial to consider the local economic landscape when evaluating compensation.
Executive Summary
- Average Salary: $73,140 per year.
- Growth Trend: Salaries have shifted 16.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $103,190.
- Outlook: With a local workforce of 430 Accountants and Auditors, Bowling Green presents a modest but stable employment landscape for this profession. The Location Quotient of 0.57 indicates a lower concentration of these roles compared to the national average, suggesting that while opportunities exist, the market is not saturated. The rate of 5.339 jobs per 1,000 workers further defines the steady demand within this community.
Salary Overview
The average Accountants and Auditors in Bowling Green, KY earns-22.5%below the national average.
$35.2
$1,407
$6,095
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Bowling Green is not provided, it is generally assumed that salaries for Accountants and Auditors nationwide have experienced consistent growth over the past four years, driven by inflation, increasing demand for financial expertise, and evolving regulatory landscapes. This trend likely extends to Bowling Green, albeit potentially at a different pace influenced by local economic conditions.
Accountants and Auditors Salary Distribution in Bowling Green, KY
Career progression for Accountants and Auditors in Bowling Green typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and extensive experience can command salaries well into the higher percentiles. The gap between entry-level and senior roles signifies substantial earning potential and career advancement opportunities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,650 | $22.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,855 | $26.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $66,660 | $32 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $91,425 | $44 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $103,190 | $49.6 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$73,140
Gross Pay
Real Wage (Purchasing Power)
$73,140
Adjusted for COL (100)
The average annual salary of $73,140 in Bowling Green, KY, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Accountant's salary in Bowling Green is equivalent to the national average, making the nominal salary figure more representative of actual living standards. This parity suggests that while the salary is below the national average, the cost of living does not disproportionately diminish its value.
Job Market Context
430
Total Jobs
5.339
Per 1K Jobs
0.57
Location Quotient
Bowling Green, KY has 0.57x 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 0.57 for Accountants and Auditors in Bowling Green indicates that this profession is less concentrated locally than the national average. This suggests a potentially less competitive market for job seekers compared to highly concentrated areas, but also implies that the demand might be more specialized or tied to specific local industries. Employers may need to actively recruit to fill positions, potentially offering competitive packages to attract talent.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Clarksville, TN-KY Accountants and Auditors Salary | $73,640↑ 1% | 57 mi |
| Nashville-Davidson--Murfreesboro--Franklin, TN Accountants and Auditors Salary | $86,870↑ 19% | 59 mi |
| Elizabethtown, KY Accountants and Auditors Salary | $75,480↑ 3% | 59 mi |
| Owensboro, KY Accountants and Auditors Salary | $78,310↑ 7% | 66 mi |
| East Tennessee nonmetropolitan area Accountants and Auditors Salary | $72,250↓ 1% | 86 mi |
Comparing salaries near Bowling Green, KY
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Bowling Green, KY?
The median annual salary for a Accountants and Auditors in Bowling Green, KY is $73,140. This typically ranges from $47,650 for entry-level positions to $103,190 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bowling Green, KY is 22.5% lower than the national median of $94,430.
Is Bowling Green, KY a lucrative place for Accountants and Auditors?
No, not when compared to the national average salary.While the cost of living is on par with the national average, the average salary for Accountants and Auditors in Bowling Green is significantly lower than the national benchmark. This indicates that while your money may go as far, the total earnings are less substantial.
Is Bowling Green, KY a good place to live for Accountants and Auditors?
The Cost of Living Index in Bowling Green, KY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bowling Green, KY?
Some top paying nearby cities include Clarksville, TN-KY ($73,640) and Nashville-Davidson--Murfreesboro--Franklin, TN.
What is the average salary for Accountants and Auditors in Bowling Green, KY?
The average annual salary for Accountants and Auditors in Bowling Green, KY is $73,140.
How does the Bowling Green salary compare to the national average?
The average salary in Bowling Green ($73,140) is below the national average of $94,430.
What is the Cost of Living in Bowling Green, KY?
The Cost of Living Index in Bowling Green, KY is 100, which is the same as the national average.
Is there high demand for Accountants and Auditors in Bowling Green?
With a Location Quotient of 0.57, the concentration of Accountants and Auditors is lower than the national average, suggesting a stable but not exceptionally high demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 430 employees in the Bowling Green, KY area with a job density of 5.339 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 Bowling Green, KY