Average Accountants and Auditors Salary in Canton-Massillon, OH
Accountants and Auditors in Canton-Massillon, OH, earn an average annual salary of $76,530. 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 in this Ohio region. Understanding these local factors is crucial for career and financial planning.
Executive Summary
- Average Salary: $76,530 per year.
- Growth Trend: Salaries have shifted 19.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $118,330.
- Outlook: The Canton-Massillon area supports a local workforce of 1,120 Accountants and Auditors. With a Location Quotient of 0.73, the concentration of these professionals is slightly below the national average, indicating a stable but not exceptionally high demand relative to other occupations. The presence of 6.811 jobs per 1,000 workers suggests a consistent need for accounting services within the local economy.
Salary Overview
The average Accountants and Auditors in Canton-Massillon, OH earns-19.0%below the national average.
$36.8
$1,472
$6,378
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Accountants and Auditors in Canton-Massillon have experienced gradual growth over the past four years, mirroring national trends. Economic shifts, inflation, and increasing demand for specialized financial expertise typically drive modest annual increases in compensation for accounting professionals.
Accountants and Auditors Salary Distribution in Canton-Massillon, OH
Career progression for Accountants and Auditors in Canton-Massillon, as elsewhere, is typically marked by increasing salary potential. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and extensive experience can command salaries significantly higher, reaching into the upper percentiles. These percentile gaps clearly signify the rewards of accumulating experience and expertise in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,430 | $22.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,398 | $27.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $66,960 | $32.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $95,663 | $46 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $118,330 | $56.9 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$76,530
Gross Pay
Real Wage (Purchasing Power)
$76,530
Adjusted for COL (100)
The average annual salary of $76,530 in Canton-Massillon, OH, 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's or Auditor's salary in this region is equivalent to the national average, offering a stable financial standing relative to the rest of the country.
Job Market Context
1,120
Total Jobs
6.811
Per 1K Jobs
0.73
Location Quotient
Canton-Massillon, OH has 0.73x 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.
With a Location Quotient of 0.73, the Canton-Massillon market for Accountants and Auditors is less concentrated than the national average. This suggests that while there is a solid base of professionals, the market is not saturated, potentially offering good opportunities for skilled individuals. The slightly lower concentration may also imply a balanced demand-supply dynamic, where employers are actively seeking qualified candidates.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Akron, OH Accountants and Auditors Salary | $84,090↑ 10% | 20 mi |
| Youngstown-Warren, OH Accountants and Auditors Salary | $75,540↓ 1% | 43 mi |
| Cleveland, OH Accountants and Auditors Salary | $86,310↑ 13% | 49 mi |
| Weirton-Steubenville, WV-OH Accountants and Auditors Salary | $70,260↓ 8% | 50 mi |
| Mansfield, OH Accountants and Auditors Salary | $72,330↓ 5% | 61 mi |
Comparing salaries near Canton-Massillon, OH
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Frequently Asked Questions
How much does a Accountants and Auditors make in Canton-Massillon, OH?
The median annual salary for a Accountants and Auditors in Canton-Massillon, OH is $76,530. This typically ranges from $46,430 for entry-level positions to $118,330 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Canton-Massillon, OH is 19.0% lower than the national median of $94,430.
Is Canton-Massillon, OH a lucrative place for Accountants and Auditors?
No, it is not as lucrative as the national average.The average salary of $76,530 is significantly lower than the national average of $94,430. However, the cost of living is also at the national average, meaning the nominal salary has equivalent purchasing power locally.
Is Canton-Massillon, OH a good place to live for Accountants and Auditors?
The Cost of Living Index in Canton-Massillon, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Canton-Massillon, OH?
Some top paying nearby cities include Akron, OH ($84,090) and Youngstown-Warren, OH.
How does the Canton-Massillon salary compare to the national average?
The average annual salary for Accountants and Auditors in Canton-Massillon, OH, is $76,530, which is below the national average of $94,430.
What is the concentration of Accountants and Auditors in Canton-Massillon?
The concentration, measured by the Location Quotient, is 0.73, indicating that the proportion of Accountants and Auditors in Canton-Massillon is lower than the national average.
How does the cost of living affect the salary in Canton-Massillon?
The cost of living in Canton-Massillon is at the national average (100). This means that the $76,530 salary offers purchasing power equivalent to the national average salary in a higher cost-of-living area.
What is the total number of Accountants and Auditors in Canton-Massillon?
There are approximately 1,120 Accountants and Auditors employed in the Canton-Massillon, OH area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,120 employees in the Canton-Massillon, OH area with a job density of 6.811 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 Canton-Massillon, OH