Average Accountants and Auditors Salary in Cleveland, TN
Accountants and Auditors in Cleveland, TN earn an average annual salary of $75,000, which is notably below the national average of $94,430. This disparity is often influenced by local economic factors, industry demand, and the overall cost of doing business within the region, which collectively shape compensation levels for finance professionals.
Executive Summary
- Average Salary: $75,000 per year.
- Growth Trend: Salaries have shifted 24.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $107,790.
- Outlook: With a total local workforce of 210 Accountants and Auditors and a Location Quotient of 0.5, the job market in Cleveland, TN, indicates a moderate level of concentration compared to national benchmarks. While the absolute number of professionals is modest, the lower LQ suggests that the demand for these roles may not be as intensely concentrated as in larger metropolitan areas, implying a stable but not rapidly expanding job market.
Salary Overview
The average Accountants and Auditors in Cleveland, TN earns-20.6%below the national average.
$36.1
$1,442
$6,250
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Cleveland, TN is not provided, it is reasonable to assume that salaries for Accountants and Auditors have experienced a general upward trend over the past four years, mirroring national patterns. Economic shifts, inflation, and evolving industry needs typically drive incremental salary growth for skilled professionals in accounting and auditing roles.
Accountants and Auditors Salary Distribution in Cleveland, TN
Salary progression for Accountants and Auditors in Cleveland, TN, typically correlates with experience and specialization. Entry-level positions will likely fall at the lower end of the salary spectrum, while senior roles, those with specialized certifications (like CPA), or those in management positions can command significantly higher compensation. The percentile gaps in salary distribution reflect these opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,890 | $23 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $56,250 | $27 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $67,960 | $32.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $93,750 | $45.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $107,790 | $51.8 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$75,000
Gross Pay
Real Wage (Purchasing Power)
$75,000
Adjusted for COL (100)
The nominal average salary of $75,000 in Cleveland, TN, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of an Accountant and Auditor's salary in Cleveland is equivalent to the national average, suggesting that while the salary is lower than the national average, the cost of living does not disproportionately diminish its value.
Job Market Context
210
Total Jobs
4.735
Per 1K Jobs
0.5
Location Quotient
Cleveland, TN has 0.50x 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 0.5 for Accountants and Auditors in Cleveland, TN, signifies that the profession is less concentrated locally than the national average. This suggests that the job market may be less saturated, potentially offering opportunities for skilled professionals, but also indicating that the demand might be more localized and less robust compared to regions with higher LQs.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Chattanooga, TN-GA Accountants and Auditors Salary | $79,160↑ 6% | 23 mi |
| Dalton, GA Accountants and Auditors Salary | $81,130↑ 8% | 29 mi |
| Rome, GA Accountants and Auditors Salary | $78,050↑ 4% | 66 mi |
| Knoxville, TN Accountants and Auditors Salary | $80,870↑ 8% | 75 mi |
| Gainesville, GA Accountants and Auditors Salary | $84,300↑ 12% | 85 mi |
Comparing salaries near Cleveland, TN
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Cleveland, TN?
The median annual salary for a Accountants and Auditors in Cleveland, TN is $75,000. This typically ranges from $47,890 for entry-level positions to $107,790 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Cleveland, TN is 20.6% lower than the national median of $94,430.
Is Cleveland, TN a lucrative place for Accountants and Auditors?
No, not exceptionally lucrative compared to national averages.While the cost of living is average, the average salary of $75,000 is significantly lower than the national average of $94,430, indicating less lucrative earning potential locally.
Is Cleveland, TN a good place to live for Accountants and Auditors?
The Cost of Living Index in Cleveland, TN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Cleveland, TN?
Some top paying nearby cities include Chattanooga, TN-GA ($79,160) and Dalton, GA.
What is the average salary for an Accountant and Auditor in Cleveland, TN?
The average annual salary for Accountants and Auditors in Cleveland, TN is $75,000.
How does the Cleveland, TN salary compare to the national average?
The average salary in Cleveland, TN ($75,000) is lower than the national average salary of $94,430 for Accountants and Auditors.
What does the Location Quotient of 0.5 mean for Accountants and Auditors in Cleveland, TN?
A Location Quotient of 0.5 indicates that the concentration of Accountants and Auditors in Cleveland, TN, is half that of the national average, suggesting a less saturated but potentially less robust job market.
How does the cost of living in Cleveland, TN affect the salary?
With a Cost of Living Index of 100, the $75,000 salary in Cleveland, TN, has the same purchasing power as the national average salary, meaning the lower nominal wage is offset by a comparable cost of living.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Cleveland, TN area with a job density of 4.735 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 Cleveland, TN