Average Accountants and Auditors Salary in Clarksville, TN-KY
Accountants and Auditors in Clarksville, TN-KY earn an average annual salary of $73,640. This figure is notably lower than the national average of $94,430, reflecting regional economic factors and the specific demand within the Clarksville metropolitan area. Local market dynamics, including the concentration of businesses and the overall economic landscape, play a significant role in shaping compensation for these vital financial professionals.
Executive Summary
- Average Salary: $73,640 per year.
- Growth Trend: Salaries have shifted 17.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $110,520.
- Outlook: With a local workforce of 520 Accountants and Auditors, the Clarksville, TN-KY market demonstrates a stable presence in this profession. The Location Quotient of 0.55 suggests that while the profession is present, it is less concentrated than the national average, indicating potential opportunities for growth and a less saturated job market compared to more populous regions. The rate of 5.192 jobs per 1,000 workers further underscores the steady demand for accounting and auditing services within the area.
Salary Overview
The average Accountants and Auditors in Clarksville, TN-KY earns-22.0%below the national average.
$35.4
$1,416
$6,137
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Clarksville is not provided, it is reasonable to assume that salaries for Accountants and Auditors in the region have experienced gradual growth over the past four years, mirroring national trends. Economic shifts, inflation, and evolving industry demands typically drive incremental increases in compensation for skilled professionals, ensuring that the value of accounting services remains competitive within the local market.
Accountants and Auditors Salary Distribution in Clarksville, TN-KY
Career progression for Accountants and Auditors in Clarksville, TN-KY typically involves a salary increase with experience. Entry-level positions may start at a lower percentile, while senior roles and specialized positions command higher salaries, reflecting increased responsibility and expertise. The discernible gaps between salary percentiles signify clear opportunities for career advancement and earning potential growth within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,400 | $22.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $55,230 | $26.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $67,760 | $32.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $92,050 | $44.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $110,520 | $53.1 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$73,640
Gross Pay
Real Wage (Purchasing Power)
$73,640
Adjusted for COL (100)
The nominal average annual salary of $73,640 in Clarksville, TN-KY aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Accountant's salary in Clarksville is equivalent to the national average, making the compensation quite competitive when considering everyday expenses and housing costs.
Job Market Context
520
Total Jobs
5.192
Per 1K Jobs
0.55
Location Quotient
Clarksville, TN-KY has 0.55x 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 0.55 for Accountants and Auditors in Clarksville, TN-KY indicates that the profession is less concentrated locally compared to the national average. This suggests a potentially less competitive job market for these professionals, with opportunities available for those seeking to enter or advance within the field, as the demand is present but not overwhelmingly saturated.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Nashville-Davidson--Murfreesboro--Franklin, TN Accountants and Auditors Salary | $86,870↑ 18% | 42 mi |
| Bowling Green, KY Accountants and Auditors Salary | $73,140↓ 1% | 57 mi |
| East Tennessee nonmetropolitan area Accountants and Auditors Salary | $72,250↓ 2% | 67 mi |
| South Central Tennessee nonmetropolitan area Accountants and Auditors Salary | $77,670↑ 5% | 67 mi |
| West Tennessee nonmetropolitan area Accountants and Auditors Salary | $74,840↑ 2% | 67 mi |
Comparing salaries near Clarksville, TN-KY
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Frequently Asked Questions
How much does a Accountants and Auditors make in Clarksville, TN-KY?
The median annual salary for a Accountants and Auditors in Clarksville, TN-KY is $73,640. This typically ranges from $46,400 for entry-level positions to $110,520 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Clarksville, TN-KY is 22.0% lower than the national median of $94,430.
Is Clarksville, TN-KY a lucrative place for Accountants and Auditors?
Yes, it offers competitive earning potential relative to its cost of living.While the average salary is below the national average, the cost of living in Clarksville is also at the national average, meaning your earnings hold their value effectively. The steady job market further supports this.
Is Clarksville, TN-KY a good place to live for Accountants and Auditors?
The Cost of Living Index in Clarksville, TN-KY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Clarksville, TN-KY?
Some top paying nearby cities include Nashville-Davidson--Murfreesboro--Franklin, TN ($86,870) and Bowling Green, KY.
How does the Clarksville Accountant salary compare to the national average?
The average annual salary for Accountants and Auditors in Clarksville, TN-KY is $73,640, which is lower than the national average of $94,430.
What is the Cost of Living in Clarksville, TN-KY?
Clarksville, TN-KY has a Cost of Living Index of 100, which is exactly the national average.
Is there high demand for Accountants in Clarksville?
With 5.192 jobs per 1,000 workers and a total local workforce of 520, there is a consistent demand for Accountants and Auditors in Clarksville, though the market is less concentrated than the national average.
Does experience significantly impact an Accountant's salary in Clarksville?
Yes, experience is a key factor in salary progression, with entry-level positions earning less than senior roles, reflecting increased responsibility and expertise.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 520 employees in the Clarksville, TN-KY area with a job density of 5.192 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 Clarksville, TN-KY