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Average Accountants and Auditors Salary in Central Louisiana nonmetropolitan area

Accountants and Auditors in the Central Louisiana nonmetropolitan area earn an average annual salary of $83,210. This figure is notably below the national average of $94,430, reflecting the economic landscape and demand specific to this region. Factors such as industry concentration and the overall economic output of nonmetropolitan areas often influence compensation levels compared to larger urban centers.

Executive Summary

  • Average Salary: $83,210 per year.
  • Growth Trend: Salaries have shifted 50.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $103,400.
  • Outlook: The job market for Accountants and Auditors in Central Louisiana presents a modest concentration, with a Location Quotient of 0.48, indicating a lower presence compared to the national average. The total local workforce of 350 professionals suggests a relatively stable, albeit not rapidly expanding, demand for these services within the region. While the absolute number of jobs per 1,000 workers (4.523) is present, the lower concentration implies fewer specialized roles or a slower growth trajectory compared to more saturated markets.
2024 Market Data

Salary Overview

$83,210

The average Accountants and Auditors in Central Louisiana nonmetropolitan area earns-11.9%below the national average.

BreakdownBased on 40h/week
Hourly

$40

Weekly

$1,600

Monthly

$6,934

Accountants and Auditors Salary Distribution in Central Louisiana nonmetropolitan area

Salary progression for Accountants and Auditors in Central Louisiana typically scales with experience. Entry-level positions will likely command salaries at the lower end of the spectrum, while senior roles, requiring extensive expertise and potentially management responsibilities, will see significantly higher compensation. The percentile gaps between junior and senior roles highlight the clear career progression and earning potential within the field as professionals gain experience and specialized skills.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$43,200$20.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$62,408$30
ManagerOversees team, compliance, and project delivery.50% (Median)$63,500$30.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$104,013$50
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$103,400$49.7

Detailed Accountants and Auditors Market Analysis

Relocation Context

Nominal Salary

$83,210

Gross Pay

Real Wage (Purchasing Power)

$83,210

Adjusted for COL (100)

The nominal average annual salary of $83,210 in Central Louisiana aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Accountant's or Auditor's salary in this region is equivalent to the national average. While the salary is lower than the national average, the cost of living being at par suggests that the real value of the earnings is maintained, offering a stable financial standing relative to national benchmarks.

Job Market Context

350

Total Jobs

4.523

Per 1K Jobs

0.48

Location Quotient

Low Concentration

At 0.48x, Central Louisiana nonmetropolitan area has a notably lower concentration of Accountants and Auditors jobs than the national average. Opportunities in this area are relatively scarce for this profession.

With a Location Quotient of 0.48, the market for Accountants and Auditors in Central Louisiana is less concentrated than the national average. This suggests that the job market is not oversaturated, potentially offering a good opportunity for skilled professionals. However, it also implies that the demand might be more specialized or limited compared to metropolitan areas with higher concentrations, indicating a potentially less competitive but also possibly less dynamic job landscape.

Nearby Job Markets

Nearby Cities for Accountants and Auditors

Comparing salaries near Central Louisiana nonmetropolitan area

Hiring Accountants and Auditorss?

Frequently Asked Questions

How much does a Accountants and Auditors make in Central Louisiana nonmetropolitan area?

The median annual salary for a Accountants and Auditors in Central Louisiana nonmetropolitan area is $83,210. This typically ranges from $43,200 for entry-level positions to $103,400 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Central Louisiana nonmetropolitan area is 11.9% lower than the national median of $94,430.

Is Central Louisiana nonmetropolitan area a lucrative place for Accountants and Auditorss?

No, it is not considered a lucrative place compared to the national average.The average salary of $83,210 is significantly lower than the national average of $94,430, despite a national average cost of living. The lower location quotient also suggests less market demand.

Is Central Louisiana nonmetropolitan area a good place to live for Accountants and Auditors?

The Cost of Living Index in Central Louisiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Central Louisiana nonmetropolitan area?

Some top paying nearby cities include Alexandria, LA ($76,480) and Baton Rouge, LA.

How does the cost of living affect the salary in Central Louisiana?

The Cost of Living Index in Central Louisiana is 100, which is the national average. This means that the $83,210 salary has the same purchasing power as the national average salary, even though it is lower than the national average salary for Accountants and Auditors.

What is the concentration of Accountants and Auditors in Central Louisiana?

The concentration, measured by the Location Quotient, is 0.48, which is less than half of the national average. This indicates a lower presence of these professionals in the region compared to the rest of the country.

How many Accountants and Auditors are there in Central Louisiana?

There are approximately 350 Accountants and Auditors employed in the Central Louisiana nonmetropolitan area, representing 4.523 jobs per 1,000 workers.

Is there strong demand for Accountants and Auditors in this region?

The demand appears moderate, with a lower concentration (LQ of 0.48) and a stable workforce size. While jobs exist, the market is not as robust or specialized as in higher-concentration areas.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Central Louisiana nonmetropolitan area area with a job density of 4.523 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.