SalaryNode

Average Accountants and Auditors Salary in Columbus, OH

Accountants and Auditors in Columbus, OH, earn an average annual salary of $91,980. This figure is slightly below the national average of $94,430, suggesting a nuanced local market. While the nominal pay is competitive, the specific economic drivers and demand within the Columbus metropolitan area shape this compensation landscape.

Executive Summary

  • Average Salary: $91,980 per year.
  • Growth Trend: Salaries have shifted 19.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $135,890.
  • Outlook: With a substantial local workforce of 11,790 Accountants and Auditors, Columbus, OH, demonstrates a significant presence in this sector. The Location Quotient of 1.16 indicates a concentration of these professionals that is 16% higher than the national average, signaling robust demand and a potentially active job market for skilled individuals.
2024 Market Data

Salary Overview

$91,980

The average Accountants and Auditors in Columbus, OH earns-2.6%below the national average.

BreakdownBased on 40h/week
Hourly

$44.2

Weekly

$1,769

Monthly

$7,665

Accountants and Auditors Salary Distribution in Columbus, OH

Salary progression for Accountants and Auditors in Columbus, OH, is strongly tied to experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with specialized skills and extensive experience can command significantly higher salaries, often reaching the 75th percentile and beyond. These percentile gaps clearly signify the career trajectory and earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$52,270$25.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$68,985$33.2
ManagerOversees team, compliance, and project delivery.50% (Median)$79,810$38.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$114,975$55.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$135,890$65.3

Detailed Accountants and Auditors Market Analysis

Relocation Context

Nominal Salary

$91,980

Gross Pay

Real Wage (Purchasing Power)

$91,980

Adjusted for COL (100)

The average annual salary of $91,980 in Columbus, OH, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an Accountant's or Auditor's salary in Columbus is equivalent to the national standard, offering a stable financial environment without significant cost-of-living advantages or disadvantages.

Job Market Context

11,790

Total Jobs

10.86

Per 1K Jobs

1.16

Location Quotient

Above Average

With a location quotient of 1.16, Columbus, OH has a slightly higher-than-average concentration of Accountants and Auditors roles compared to the national norm.

A Location Quotient of 1.16 for Accountants and Auditors in Columbus, OH, signifies a market where this profession is more concentrated than the national average. This suggests a healthy demand for these roles, potentially leading to more job opportunities and a competitive environment where employers seek specialized talent, while also indicating a strong pool of local expertise.

Nearby Job Markets

Hiring Accountants and Auditorss?

Frequently Asked Questions

How much does a Accountants and Auditors make in Columbus, OH?

The median annual salary for a Accountants and Auditors in Columbus, OH is $91,980. This typically ranges from $52,270 for entry-level positions to $135,890 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Columbus, OH is 2.6% lower than the national median of $94,430.

Is Columbus, OH a lucrative place for Accountants and Auditors?

Yes, with caveats.The average salary of $91,980 is competitive, and the cost of living is at the national average. The higher-than-average concentration of these roles (LQ 1.16) suggests a robust job market.

Is Columbus, OH a good place to live for Accountants and Auditors?

The Cost of Living Index in Columbus, OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Columbus, OH?

Some top paying nearby cities include North Northeastern Ohio nonmetropolitan area (noncontiguous) ($76,300) and West Northwestern Ohio nonmetropolitan area.

How does Columbus, OH compare to the national average salary for Accountants and Auditors?

The average salary in Columbus, OH, is $91,980, which is slightly lower than the national average of $94,430.

What is the concentration of Accountants and Auditors in Columbus, OH?

Columbus, OH has a Location Quotient of 1.16, indicating that the concentration of Accountants and Auditors is 16% higher than the national average.

How does the cost of living in Columbus, OH affect the salary of an Accountant?

With a Cost of Living Index of 100, the purchasing power of an Accountant's salary in Columbus is equivalent to the national average, making it neither significantly more nor less affordable than the typical US city.

What does the number of jobs per 1,000 workers suggest for Accountants and Auditors in Columbus, OH?

With 10.86 jobs per 1,000 workers, Columbus, OH shows a solid presence of Accountant and Auditor roles relative to its overall workforce, indicating consistent demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 11,790 employees in the Columbus, OH area with a job density of 10.86 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.