Average Accountants and Auditors Salary in Burlington-South Burlington, VT
Accountants and Auditors in the Burlington-South Burlington, VT area earn an average annual salary of $88,880. This figure is slightly below the national average of $94,430, suggesting that while the demand is present, local economic factors and industry specifics may influence compensation levels compared to broader national trends.
Executive Summary
- Average Salary: $88,880 per year.
- Growth Trend: Salaries have shifted 15.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $127,490.
- Outlook: With a local workforce of 1,170 Accountants and Auditors, the Burlington-South Burlington area demonstrates a stable presence in this profession. The location quotient of 1.03 indicates a concentration of these roles that is very close to the national average, suggesting a balanced and consistent demand for accounting and auditing services within the region.
Salary Overview
The average Accountants and Auditors in Burlington-South Burlington, VT earns-5.9%below the national average.
$42.7
$1,709
$7,407
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Burlington-South Burlington is not provided, it is reasonable to assume that salaries for Accountants and Auditors in this region have experienced growth over the past four years, mirroring national trends. Factors such as inflation, increasing complexity of financial regulations, and a steady demand for skilled professionals likely contribute to upward salary adjustments.
Accountants and Auditors Salary Distribution in Burlington-South Burlington, VT
Career progression for Accountants and Auditors in Burlington-South Burlington typically involves a significant salary increase from entry-level to senior positions. While specific percentile data is unavailable, the expected salary range widens considerably with experience, reflecting the acquisition of specialized skills, increased responsibility, and a proven track record in financial management and compliance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $58,760 | $28.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $66,660 | $32 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $80,340 | $38.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $111,100 | $53.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $127,490 | $61.3 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$88,880
Gross Pay
Real Wage (Purchasing Power)
$88,880
Adjusted for COL (100)
The average annual salary of $88,880 in Burlington-South Burlington aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an Accountant and Auditor's salary in this area is equivalent to the national standard, offering a stable financial environment for residents.
Job Market Context
1,170
Total Jobs
9.631
Per 1K Jobs
1.03
Location Quotient
With a location quotient of 1.03, Burlington-South Burlington, VT has a slightly higher-than-average concentration of Accountants and Auditors roles compared to the national norm.
A location quotient of 1.03 for Accountants and Auditors in Burlington-South Burlington signifies a job market that is almost perfectly aligned with the national average in terms of concentration. This suggests a healthy and competitive market where the number of professionals is proportionate to the demand for their services, without significant oversupply or undersupply.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Northern Vermont nonmetropolitan area Accountants and Auditors Salary | $81,870↓ 8% | 40 mi |
| Southern Vermont nonmetropolitan area Accountants and Auditors Salary | $82,580↓ 7% | 40 mi |
| Glens Falls, NY Accountants and Auditors Salary | $88,790↓ 0% | 84 mi |
Comparing salaries near Burlington-South Burlington, VT
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Burlington-South Burlington, VT?
The median annual salary for a Accountants and Auditors in Burlington-South Burlington, VT is $88,880. This typically ranges from $58,760 for entry-level positions to $127,490 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Burlington-South Burlington, VT is 5.9% lower than the national median of $94,430.
Is Burlington-South Burlington, VT a lucrative place for Accountants and Auditors?
Yes, it offers a stable financial environment.While the average salary is slightly below the national average, the cost of living is also at the national average, meaning your earnings have equivalent purchasing power. The market concentration is also stable.
Is Burlington-South Burlington, VT a good place to live for Accountants and Auditors?
The Cost of Living Index in Burlington-South Burlington, VT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Burlington-South Burlington, VT?
Some top paying nearby cities include Northern Vermont nonmetropolitan area ($81,870) and Southern Vermont nonmetropolitan area.
How does the Burlington-South Burlington salary compare to the national average?
The average salary for Accountants and Auditors in Burlington-South Burlington is $88,880, which is slightly lower than the national average of $94,430.
What is the concentration of Accountants and Auditors in Burlington-South Burlington?
The location quotient is 1.03, indicating that the concentration of Accountants and Auditors in Burlington-South Burlington is very close to the national average.
How does the cost of living in Burlington-South Burlington affect salary perception?
With a Cost of Living Index of 100, the national average, the $88,880 salary in Burlington-South Burlington has the same purchasing power as the national average salary.
What does the job market look like for Accountants and Auditors in this area?
The market is stable, with 1,170 professionals and a location quotient near the national average, suggesting a balanced demand and supply for accounting services.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,170 employees in the Burlington-South Burlington, VT area with a job density of 9.631 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-South Burlington, VT