Average Accountants and Auditors Salary in Central East New York nonmetropolitan area
Accountants and Auditors in the Central East New York nonmetropolitan area earn an average annual salary of $87,370. This figure is notably below the national average of $94,430, suggesting that regional economic factors and a potentially lower demand in this specific nonmetropolitan setting influence compensation levels. The unique economic landscape of this area shapes the earning potential for finance professionals.
Executive Summary
- Average Salary: $87,370 per year.
- Growth Trend: Salaries have shifted 24.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $133,490.
- Outlook: With a local workforce of 1,130 Accountants and Auditors, the Central East New York nonmetropolitan area presents a modest employment base for this profession. The Location Quotient of 0.76 indicates a slightly lower concentration of these roles compared to the national average, suggesting that while opportunities exist, the market is not as saturated as in more urbanized regions. The presence of over a thousand professionals signifies a stable, albeit not rapidly expanding, demand for accounting and auditing services.
Salary Overview
The average Accountants and Auditors in Central East New York nonmetropolitan area earns-7.5%below the national average.
$42
$1,680
$7,281
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for the Central East New York 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 increasing regulatory complexity typically drive demand and, consequently, compensation for skilled finance professionals, even in nonmetropolitan settings.
Accountants and Auditors Salary Distribution in Central East New York nonmetropolitan area
Salary progression for Accountants and Auditors typically scales significantly with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command substantially higher salaries. The percentile gaps in earnings clearly signify career advancement, moving from junior roles to senior auditor or accounting manager positions, reflecting increased responsibility and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,300 | $24.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $65,528 | $31.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $77,590 | $37.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $109,213 | $52.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $133,490 | $64.2 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$87,370
Gross Pay
Real Wage (Purchasing Power)
$87,370
Adjusted for COL (100)
The nominal average salary of $87,370 in the Central East New York nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Accountant or Auditor's salary in this region is equivalent to the national average. While the salary is lower than the national average, the stable cost of living suggests that the take-home pay will maintain a comparable standard of living to that experienced elsewhere in the country.
Job Market Context
1,130
Total Jobs
7.159
Per 1K Jobs
0.76
Location Quotient
Central East New York nonmetropolitan area has 0.76x 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 0.76 for Accountants and Auditors in the Central East New York nonmetropolitan area indicates that this profession is less concentrated here than the national average. This suggests that the job market may be less competitive, potentially offering more opportunities for skilled professionals to find employment without facing intense competition. However, it also implies that the demand for these roles might be more specialized or tied to the specific economic activities of the region.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Binghamton, NY Accountants and Auditors Salary | $86,560↓ 1% | 49 mi |
| Kingston, NY Accountants and Auditors Salary | $89,230↑ 2% | 51 mi |
| Scranton--Wilkes-Barre, PA Accountants and Auditors Salary | $74,310↓ 15% | 64 mi |
| Utica-Rome, NY Accountants and Auditors Salary | $85,140↓ 3% | 66 mi |
| Albany-Schenectady-Troy, NY Accountants and Auditors Salary | $94,180↑ 8% | 68 mi |
Comparing salaries near Central East New York nonmetropolitan area
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Frequently Asked Questions
How much does a Accountants and Auditors make in Central East New York nonmetropolitan area?
The median annual salary for a Accountants and Auditors in Central East New York nonmetropolitan area is $87,370. This typically ranges from $51,300 for entry-level positions to $133,490 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Central East New York nonmetropolitan area is 7.5% lower than the national median of $94,430.
Is Central East New York nonmetropolitan area a lucrative place for Accountants and Auditors?
No, it is moderately lucrative.The average salary of $87,370 is below the national average, though the cost of living is also at the national average, making the effective purchasing power comparable.
Is Central East New York nonmetropolitan area a good place to live for Accountants and Auditors?
The Cost of Living Index in Central East New York nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Central East New York nonmetropolitan area?
Some top paying nearby cities include Binghamton, NY ($86,560) and Kingston, NY.
How does the local workforce size impact job opportunities?
A local workforce of 1,130 suggests a stable, established presence of Accountants and Auditors, indicating consistent demand for their services within the region.
What does a Location Quotient of 0.76 mean for job seekers?
A Location Quotient below 1.0 signifies less industry concentration than the national average, potentially leading to less competition for available positions.
How does the cost of living affect the $87,370 salary?
With a Cost of Living Index of 100, the $87,370 salary offers purchasing power equivalent to the national average, meaning your earnings will stretch similarly to elsewhere.
Are there many Accountants and Auditors per 1,000 workers in this area?
With 7.159 jobs per 1,000 workers, the density of Accountants and Auditors is slightly lower than the national average, reflecting the region's specific employment landscape.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,130 employees in the Central East New York nonmetropolitan area area with a job density of 7.159 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 Central East New York nonmetropolitan area