Average Accountants and Auditors Salary in Charlotte-Concord-Gastonia, NC-SC
Accountants and Auditors in the Charlotte-Concord-Gastonia, NC-SC metropolitan area earn an impressive average annual salary of $98,030. This figure notably surpasses the national average of $94,430, indicating a strong demand and potentially higher value placed on financial expertise within this specific region. The localized economic landscape and industry concentration likely contribute to this favorable compensation.
Executive Summary
- Average Salary: $98,030 per year.
- Growth Trend: Salaries have shifted 11.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $159,760.
- Outlook: With a substantial local workforce of 15,770 Accountants and Auditors, and a Location Quotient of 1.25, the job market in Charlotte-Concord-Gastonia demonstrates a healthy concentration of these professionals. This indicates that the area is not only a significant employer but also has a greater proportion of these roles compared to the national average, suggesting robust demand and a dynamic job market for accounting and auditing professionals.
Salary Overview
The average Accountants and Auditors in Charlotte-Concord-Gastonia, NC-SC earns+3.8%above the national average.
$47.1
$1,885
$8,169
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Accountants and Auditors in Charlotte-Concord-Gastonia have experienced consistent growth over the past four years, mirroring national trends. Economic expansion, increasing regulatory complexity, and a persistent need for skilled financial oversight typically drive upward salary adjustments in this field.
Accountants and Auditors Salary Distribution in Charlotte-Concord-Gastonia, NC-SC
Salary progression for Accountants and Auditors in Charlotte-Concord-Gastonia is significantly influenced by experience and specialization. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with specialized skills, certifications, and a proven track record can expect to earn considerably more, often reaching the higher percentiles. The widening gap between entry-level and senior roles reflects the increasing value and responsibility associated with advanced expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $56,780 | $27.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $73,523 | $35.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $85,450 | $41.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $122,538 | $58.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $159,760 | $76.8 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$98,030
Gross Pay
Real Wage (Purchasing Power)
$98,030
Adjusted for COL (100)
The average annual salary of $98,030 for Accountants and Auditors in Charlotte-Concord-Gastonia aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of this salary is equivalent to the national average, offering financial stability without the premium often associated with higher-than-average living expenses.
Job Market Context
15,770
Total Jobs
11.763
Per 1K Jobs
1.25
Location Quotient
With a location quotient of 1.25, Charlotte-Concord-Gastonia, NC-SC has a slightly higher-than-average concentration of Accountants and Auditors roles compared to the national norm.
A Location Quotient of 1.25 signifies that Accountants and Auditors are more concentrated in the Charlotte-Concord-Gastonia area than the national average. This suggests a competitive yet abundant job market, where employers actively seek skilled professionals, and there is a solid pool of talent available, potentially leading to both opportunities for career advancement and a competitive hiring environment.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Hickory-Lenoir-Morganton, NC Accountants and Auditors Salary | $86,780↓ 11% | 45 mi |
| Spartanburg, SC Accountants and Auditors Salary | $80,100↓ 18% | 64 mi |
| Eastern North Carolina nonmetropolitan area Accountants and Auditors Salary | $82,530↓ 16% | 65 mi |
| Western North Carolina nonmetropolitan area Accountants and Auditors Salary | $79,020↓ 19% | 65 mi |
| Central North Carolina nonmetropolitan area Accountants and Auditors Salary | $77,440↓ 21% | 65 mi |
Comparing salaries near Charlotte-Concord-Gastonia, NC-SC
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Charlotte-Concord-Gastonia, NC-SC?
The median annual salary for a Accountants and Auditors in Charlotte-Concord-Gastonia, NC-SC is $98,030. This typically ranges from $56,780 for entry-level positions to $159,760 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Charlotte-Concord-Gastonia, NC-SC is 3.8% higher than the national median of $94,430.
Is Charlotte-Concord-Gastonia, NC-SC a lucrative place for Accountants and Auditors?
Yes, it is a lucrative place for Accountants and Auditors.The average salary of $98,030 significantly exceeds the national average, and the cost of living is on par with the national average, offering excellent purchasing power.
Is Charlotte-Concord-Gastonia, NC-SC a good place to live for Accountants and Auditors?
The Cost of Living Index in Charlotte-Concord-Gastonia, NC-SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Charlotte-Concord-Gastonia, NC-SC?
Some top paying nearby cities include Hickory-Lenoir-Morganton, NC ($86,780) and Spartanburg, SC.
How does the Charlotte-Concord-Gastonia salary compare to the national average?
The average annual salary for Accountants and Auditors in Charlotte-Concord-Gastonia is $98,030, which is higher than the national average of $94,430.
What is the concentration of Accountants and Auditors in Charlotte-Concord-Gastonia?
The concentration, measured by the Location Quotient, is 1.25, indicating that this profession is more prevalent in Charlotte-Concord-Gastonia than the national average.
How does the cost of living affect the salary in Charlotte-Concord-Gastonia?
The Cost of Living Index is 100, matching the national average. This means the $98,030 salary offers purchasing power equivalent to the national average.
What does the job market outlook suggest for Accountants and Auditors in this area?
The robust workforce size and a Location Quotient above 1.0 suggest a strong and concentrated job market with good demand for Accountants and Auditors.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 15,770 employees in the Charlotte-Concord-Gastonia, NC-SC area with a job density of 11.763 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Accountants and Auditors Salaries by State
Top Jobs in Charlotte-Concord-Gastonia, NC-SC
- All Occupations Salary in Charlotte-Concord-Gastonia, NC-SC
- Office and Administrative Support Occupations Salary in Charlotte-Concord-Gastonia, NC-SC
- Transportation and Material Moving Occupations Salary in Charlotte-Concord-Gastonia, NC-SC
- Sales and Related Occupations Salary in Charlotte-Concord-Gastonia, NC-SC
- Food Preparation and Serving Related Occupations Salary in Charlotte-Concord-Gastonia, NC-SC
- Business and Financial Operations Occupations Salary in Charlotte-Concord-Gastonia, NC-SC
- Management Occupations Salary in Charlotte-Concord-Gastonia, NC-SC
- Production Occupations Salary in Charlotte-Concord-Gastonia, NC-SC
- Healthcare Practitioners and Technical Occupations Salary in Charlotte-Concord-Gastonia, NC-SC
- Educational Instruction and Library Occupations Salary in Charlotte-Concord-Gastonia, NC-SC
- Browse All Jobs in Charlotte-Concord-Gastonia, NC-SC →
Semantic Salary Analysis for Accountants and Auditors • Data source: BLS OEWS 2024 •Jobs in Charlotte-Concord-Gastonia, NC-SC