Average Accountants and Auditors Salary in Burlington, NC
Accountants and Auditors in Burlington, North Carolina, can expect an average annual salary of $84,070. This figure is notably below the national average of $94,430, suggesting that local market dynamics and potentially a lower cost of living influence compensation levels in this specific region.
Executive Summary
- Average Salary: $84,070 per year.
- Growth Trend: Salaries have shifted 4.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $124,600.
- Outlook: With a local workforce of 420 Accountants and Auditors, and a Location Quotient of 0.66, the job market in Burlington, NC, indicates a slightly lower concentration of these professionals compared to the national average. While not a major hub, the consistent presence of 6.235 jobs per 1,000 workers suggests a stable, albeit not booming, demand for accounting services within the community.
Salary Overview
The average Accountants and Auditors in Burlington, NC earns-11.0%below the national average.
$40.4
$1,617
$7,006
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Burlington is not provided, it is generally assumed that the accounting and auditing profession has experienced steady salary growth over the past four years, mirroring national trends. Factors such as increasing regulatory complexity, technological advancements, and a persistent need for financial oversight likely contribute to this upward trajectory, even in localized markets.
Accountants and Auditors Salary Distribution in Burlington, NC
Salary progression for Accountants and Auditors in Burlington, NC, typically correlates with experience. Entry-level positions may start closer to the lower percentiles, while senior roles with extensive experience and specialized skills command salaries in the higher percentiles. The widening gap between entry-level and senior salaries signifies clear career advancement opportunities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,630 | $24.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $63,053 | $30.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,640 | $36.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $105,088 | $50.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $124,600 | $59.9 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$84,070
Gross Pay
Real Wage (Purchasing Power)
$84,070
Adjusted for COL (100)
The average annual salary of $84,070 in Burlington, NC, aligns precisely with the national Cost of Living Index of 100. This means that the purchasing power of an Accountant's or Auditor's salary in Burlington is equivalent to the national average, indicating that while the nominal salary is lower than the national average, it is balanced by the local cost of living.
Job Market Context
420
Total Jobs
6.235
Per 1K Jobs
0.66
Location Quotient
Burlington, NC has 0.66x 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 0.66 for Accountants and Auditors in Burlington, NC, suggests that the profession is less concentrated in this area compared to the national average. This could imply a less saturated job market, potentially offering more opportunities for skilled professionals, or it could reflect a smaller overall demand for accounting services relative to other industries in the region.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Greensboro-High Point, NC Accountants and Auditors Salary | $85,840↑ 2% | 20 mi |
| Durham-Chapel Hill, NC Accountants and Auditors Salary | $96,370↑ 15% | 32 mi |
| Eastern North Carolina nonmetropolitan area Accountants and Auditors Salary | $82,530↓ 2% | 36 mi |
| Western North Carolina nonmetropolitan area Accountants and Auditors Salary | $79,020↓ 6% | 36 mi |
| Central North Carolina nonmetropolitan area Accountants and Auditors Salary | $77,440↓ 8% | 36 mi |
Comparing salaries near Burlington, NC
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Burlington, NC?
The median annual salary for a Accountants and Auditors in Burlington, NC is $84,070. This typically ranges from $51,630 for entry-level positions to $124,600 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Burlington, NC is 11.0% lower than the national median of $94,430.
Is Burlington, NC a lucrative place for Accountants and Auditors?
No, not significantly more lucrative than the national average.While the average salary of $84,070 is substantial, it falls below the national average of $94,430. However, the local Cost of Living Index of 100 indicates that the purchasing power of this salary is on par with the national average.
Is Burlington, NC a good place to live for Accountants and Auditors?
The Cost of Living Index in Burlington, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Burlington, NC?
Some top paying nearby cities include Greensboro-High Point, NC ($85,840) and Durham-Chapel Hill, NC.
How does Burlington's Accountant salary compare to the national average?
The average annual salary for Accountants and Auditors in Burlington, NC, is $84,070, which is approximately $10,360 less than the national average of $94,430.
What is the concentration of Accountants and Auditors in Burlington, NC?
The Location Quotient for Accountants and Auditors in Burlington, NC, is 0.66, indicating that the profession is less concentrated locally compared to the national average.
Does the Cost of Living in Burlington affect Accountant salaries?
Yes, Burlington's Cost of Living Index is 100, which is the national average. This means the $84,070 salary offers purchasing power equivalent to the national average, despite being lower than the national salary average.
How many Accountants and Auditors are there in Burlington, NC?
There are approximately 420 Accountants and Auditors working in Burlington, NC, with about 6.235 jobs per 1,000 workers in the local workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 420 employees in the Burlington, NC area with a job density of 6.235 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 Burlington, NC