Average Accountants and Auditors Salary in Crestview-Fort Walton Beach-Destin, FL
Accountants and Auditors in the Crestview-Fort Walton Beach-Destin, FL area earn an average annual salary of $84,020. This figure is notably below the national average of $94,430, suggesting that local market dynamics and potentially a lower demand or different industry mix contribute to this compensation difference. Understanding these local factors is key for financial professionals in this region.
Executive Summary
- Average Salary: $84,020 per year.
- Growth Trend: Salaries have shifted 34.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $129,260.
- Outlook: With a local workforce of 760 Accountants and Auditors, the job market in Crestview-Fort Walton Beach-Destin, FL, while not as concentrated as the national average (Location Quotient of 0.65), still represents a stable presence. The rate of 6.059 jobs per 1,000 workers indicates a consistent, albeit not booming, demand for these financial professionals within the local economy.
Salary Overview
The average Accountants and Auditors in Crestview-Fort Walton Beach-Destin, FL earns-11.0%below the national average.
$40.4
$1,616
$7,002
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Crestview-Fort Walton Beach-Destin, FL is not provided, it's generally assumed that the accounting and auditing profession has experienced steady salary growth over the past four years, mirroring national trends. Factors such as inflation, increasing complexity of financial regulations, and a persistent need for skilled professionals likely contribute to an upward trajectory in compensation, even if local averages lag behind the national pace.
Accountants and Auditors Salary Distribution in Crestview-Fort Walton Beach-Destin, FL
Salary progression for Accountants and Auditors in Crestview-Fort Walton Beach-Destin, FL, like elsewhere, is significantly influenced by experience. Entry-level positions typically command lower salaries, while seasoned professionals with specialized skills and a proven track record can expect to earn substantially more. The widening gap between entry-level and senior-level salaries, often seen across different pay percentiles, clearly signifies the career advancement and increased earning potential available within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,540 | $23.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $63,015 | $30.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $77,440 | $37.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $105,025 | $50.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $129,260 | $62.1 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$84,020
Gross Pay
Real Wage (Purchasing Power)
$84,020
Adjusted for COL (100)
The average annual salary of $84,020 in Crestview-Fort Walton Beach-Destin, FL, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of an Accountant's salary in this area is equivalent to the national average, offering a balanced lifestyle without the added financial pressure of a high cost of living or the benefit of significant savings due to a low cost of living.
Job Market Context
760
Total Jobs
6.059
Per 1K Jobs
0.65
Location Quotient
Crestview-Fort Walton Beach-Destin, FL has 0.65x 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 0.65 for Accountants and Auditors in Crestview-Fort Walton Beach-Destin, FL, indicates that this profession is less concentrated in the area compared to the national average. This suggests that while there is a demand for these roles, the market is not saturated, potentially offering good opportunities for skilled professionals entering the region, but also implying a less competitive environment for job seekers.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Pensacola-Ferry Pass-Brent, FL Accountants and Auditors Salary | $83,570↓ 1% | 42 mi |
| Panama City-Panama City Beach, FL Accountants and Auditors Salary | $74,360↓ 11% | 69 mi |
| Dothan, AL Accountants and Auditors Salary | $76,160↓ 9% | 77 mi |
| Daphne-Fairhope-Foley, AL Accountants and Auditors Salary | $74,240↓ 12% | 78 mi |
| Mobile, AL Accountants and Auditors Salary | $75,150↓ 11% | 91 mi |
Comparing salaries near Crestview-Fort Walton Beach-Destin, FL
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Crestview-Fort Walton Beach-Destin, FL?
The median annual salary for a Accountants and Auditors in Crestview-Fort Walton Beach-Destin, FL is $84,020. This typically ranges from $48,540 for entry-level positions to $129,260 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Crestview-Fort Walton Beach-Destin, FL is 11.0% lower than the national median of $94,430.
Is Crestview-Fort Walton Beach-Destin, FL a lucrative place for Accountants and Auditors?
No, not compared to the national average.While the average salary of $84,020 is respectable, it falls below the national average of $94,430. However, the cost of living is also at the national average, making the salary's purchasing power comparable.
Is Crestview-Fort Walton Beach-Destin, FL a good place to live for Accountants and Auditors?
The Cost of Living Index in Crestview-Fort Walton Beach-Destin, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Crestview-Fort Walton Beach-Destin, FL?
Some top paying nearby cities include Pensacola-Ferry Pass-Brent, FL ($83,570) and Panama City-Panama City Beach, FL.
How does the local salary compare to the national average for Accountants and Auditors?
The average annual salary for Accountants and Auditors in Crestview-Fort Walton Beach-Destin, FL is $84,020, which is lower than the national average of $94,430.
What is the cost of living in Crestview-Fort Walton Beach-Destin, FL for Accountants and Auditors?
The cost of living index in Crestview-Fort Walton Beach-Destin, FL is 100, which is exactly the national average, meaning your salary's purchasing power is standard.
How concentrated is the job market for Accountants and Auditors in this area?
The job market is less concentrated than the national average, with a Location Quotient of 0.65, suggesting fewer accountants relative to the general workforce.
What is the total number of Accountants and Auditors in Crestview-Fort Walton Beach-Destin, FL?
There are approximately 760 Accountants and Auditors employed in the Crestview-Fort Walton Beach-Destin, FL area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 760 employees in the Crestview-Fort Walton Beach-Destin, FL area with a job density of 6.059 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 Crestview-Fort Walton Beach-Destin, FL
- All Occupations Salary in Crestview-Fort Walton Beach-Destin, FL
- Food Preparation and Serving Related Occupations Salary in Crestview-Fort Walton Beach-Destin, FL
- Sales and Related Occupations Salary in Crestview-Fort Walton Beach-Destin, FL
- Office and Administrative Support Occupations Salary in Crestview-Fort Walton Beach-Destin, FL
- Management Occupations Salary in Crestview-Fort Walton Beach-Destin, FL
- Business and Financial Operations Occupations Salary in Crestview-Fort Walton Beach-Destin, FL
- Transportation and Material Moving Occupations Salary in Crestview-Fort Walton Beach-Destin, FL
- Healthcare Practitioners and Technical Occupations Salary in Crestview-Fort Walton Beach-Destin, FL
- Installation, Maintenance, and Repair Occupations Salary in Crestview-Fort Walton Beach-Destin, FL
- Construction and Extraction Occupations Salary in Crestview-Fort Walton Beach-Destin, FL
- Browse All Jobs in Crestview-Fort Walton Beach-Destin, FL →
Semantic Salary Analysis for Accountants and Auditors • Data source: BLS OEWS 2024 •Jobs in Crestview-Fort Walton Beach-Destin, FL