Average Accountants and Auditors Salary in Capital/Northern New York nonmetropolitan area
Accountants and Auditors in the Capital/Northern New York nonmetropolitan area earn an average annual salary of $83,730. This figure is notably below the national average of $94,430, reflecting regional economic factors and a lower concentration of demand for these specialized roles. The specific economic landscape of this nonmetropolitan region influences compensation levels for finance professionals.
Executive Summary
- Average Salary: $83,730 per year.
- Growth Trend: Salaries have shifted 15.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $123,480.
- Outlook: With a local workforce of 820 Accountants and Auditors, the job market in the Capital/Northern New York nonmetropolitan area presents a modest opportunity. The Location Quotient of 0.62 indicates that this profession is less concentrated here compared to the national average, suggesting a stable but not rapidly expanding demand. The presence of nearly 6 jobs per 1,000 workers signifies a consistent need for accounting and auditing services within the region.
Salary Overview
The average Accountants and Auditors in Capital/Northern New York nonmetropolitan area earns-11.3%below the national average.
$40.3
$1,610
$6,978
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Accountants and Auditors have experienced gradual growth over the past four years, mirroring national trends. Economic recovery and evolving regulatory landscapes typically drive modest increases in compensation for skilled professionals in finance and accounting.
Accountants and Auditors Salary Distribution in Capital/Northern New York nonmetropolitan area
Career progression for Accountants and Auditors typically involves a significant salary increase with experience. Entry-level positions often start at the lower end of the pay scale, while senior roles, requiring extensive expertise and responsibility, command substantially higher compensation. The percentile gaps in salary distributions clearly signify the career trajectory and earning potential as professionals advance through junior, mid-level, and principal accounting or auditing functions.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,780 | $24.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $62,798 | $30.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,370 | $36.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $104,663 | $50.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $123,480 | $59.4 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$83,730
Gross Pay
Real Wage (Purchasing Power)
$83,730
Adjusted for COL (100)
The nominal average annual salary of $83,730 in the Capital/Northern New York nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that income is equivalent to the national standard, making it neither particularly advantageous nor disadvantageous from a cost-of-living perspective.
Job Market Context
820
Total Jobs
5.846
Per 1K Jobs
0.62
Location Quotient
Capital/Northern New York nonmetropolitan area has 0.62x 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 0.62 for Accountants and Auditors in the Capital/Northern New York nonmetropolitan area suggests that the job market is less concentrated than the national average. This indicates that while there is a steady presence of these professionals, the demand is not exceptionally high, and the market is not saturated, offering a balanced environment for job seekers and employers.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Binghamton, NY Accountants and Auditors Salary | $86,560↑ 3% | 49 mi |
| Kingston, NY Accountants and Auditors Salary | $89,230↑ 7% | 51 mi |
| Scranton--Wilkes-Barre, PA Accountants and Auditors Salary | $74,310↓ 11% | 64 mi |
| Utica-Rome, NY Accountants and Auditors Salary | $85,140↑ 2% | 66 mi |
| Albany-Schenectady-Troy, NY Accountants and Auditors Salary | $94,180↑ 12% | 68 mi |
Comparing salaries near Capital/Northern New York nonmetropolitan area
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Frequently Asked Questions
How much does a Accountants and Auditors make in Capital/Northern New York nonmetropolitan area?
The median annual salary for a Accountants and Auditors in Capital/Northern New York nonmetropolitan area is $83,730. This typically ranges from $50,780 for entry-level positions to $123,480 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Capital/Northern New York nonmetropolitan area is 11.3% lower than the national median of $94,430.
Is Capital/Northern New York nonmetropolitan area a lucrative place for Accountants and Auditors?
No, not exceptionally lucrative compared to national averages.While the cost of living is average, the salary for Accountants and Auditors is below the national average, and the job market concentration is lower than the national benchmark.
Is Capital/Northern New York nonmetropolitan area a good place to live for Accountants and Auditors?
The Cost of Living Index in Capital/Northern New York nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Capital/Northern New York nonmetropolitan area?
Some top paying nearby cities include Binghamton, NY ($86,560) and Kingston, NY.
How does the local salary compare to the national average?
The average annual salary of $83,730 in the Capital/Northern New York nonmetropolitan area is lower than the national average of $94,430.
What is the Cost of Living in this area?
The Cost of Living Index for the Capital/Northern New York nonmetropolitan area is 100, which is exactly the national average.
How concentrated are Accountant and Auditor jobs in this region?
The concentration of Accountant and Auditor jobs, indicated by a Location Quotient of 0.62, is below the national average, suggesting a less dense market.
What is the total number of Accountants and Auditors in this area?
There are approximately 820 Accountants and Auditors employed in the Capital/Northern New York nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 820 employees in the Capital/Northern New York nonmetropolitan area area with a job density of 5.846 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 Capital/Northern New York nonmetropolitan area