Average Accountants and Auditors Salary in Decatur, AL
Accountants and Auditors in Decatur, AL, earn an average annual salary of $75,730. This figure is notably below the national average of $94,430, suggesting that local market dynamics, such as industry demand and the cost of doing business, play a significant role in compensation levels within this Alabama city.
Executive Summary
- Average Salary: $75,730 per year.
- Growth Trend: Salaries have shifted 29.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $109,240.
- Outlook: Decatur's accounting and auditing sector supports a local workforce of 520 professionals. With a Location Quotient of 0.94, the concentration of these roles is nearly on par with the national average, indicating a stable, albeit not exceptionally concentrated, demand for accounting expertise within the region.
Salary Overview
The average Accountants and Auditors in Decatur, AL earns-19.8%below the national average.
$36.4
$1,456
$6,311
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Accountants and Auditors in Decatur, AL, have experienced a steady upward trend over the past four years, mirroring national patterns of wage growth driven by inflation, increased demand for financial expertise, and evolving industry regulations.
Accountants and Auditors Salary Distribution in Decatur, AL
Career progression for Accountants and Auditors in Decatur, AL, typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and a proven track record can command salaries in the upper percentiles, reflecting the value of their expertise and contributions.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,050 | $23.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $56,798 | $27.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $66,250 | $31.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $94,663 | $45.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $109,240 | $52.5 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$75,730
Gross Pay
Real Wage (Purchasing Power)
$75,730
Adjusted for COL (100)
With a Cost of Living Index of 100, Decatur, AL, is perfectly aligned with the national average. This means the nominal salary of $75,730 provides purchasing power equivalent to the national average, offering a stable financial environment for accountants considering a move to the area.
Job Market Context
520
Total Jobs
8.793
Per 1K Jobs
0.94
Location Quotient
Decatur, AL has 0.94x 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.
Decatur's Location Quotient of 0.94 suggests that the market for Accountants and Auditors is neither significantly over- nor under-saturated compared to the national landscape. This indicates a balanced job market where opportunities exist, but the intense competition seen in highly concentrated areas is less prevalent.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Huntsville, AL Accountants and Auditors Salary | $85,400↑ 13% | 22 mi |
| Florence-Muscle Shoals, AL Accountants and Auditors Salary | $71,890↓ 5% | 42 mi |
| Gadsden, AL Accountants and Auditors Salary | $67,730↓ 11% | 68 mi |
| Birmingham, AL Accountants and Auditors Salary | $82,830↑ 9% | 73 mi |
| East Tennessee nonmetropolitan area Accountants and Auditors Salary | $72,250↓ 5% | 83 mi |
Comparing salaries near Decatur, AL
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Decatur, AL?
The median annual salary for a Accountants and Auditors in Decatur, AL is $75,730. This typically ranges from $48,050 for entry-level positions to $109,240 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Decatur, AL is 19.8% lower than the national median of $94,430.
Is Decatur, AL a lucrative place for Accountants and Auditors?
No, not exceptionally lucrative compared to the national average.While the average salary of $75,730 is substantial, it falls short of the national average of $94,430. However, the cost of living being at the national average means the salary's purchasing power is on par nationally.
Is Decatur, AL a good place to live for Accountants and Auditors?
The Cost of Living Index in Decatur, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Decatur, AL?
Some top paying nearby cities include Huntsville, AL ($85,400) and Florence-Muscle Shoals, AL.
How does Decatur's Accountant salary compare to the national average?
The average annual salary for Accountants and Auditors in Decatur, AL, is $75,730, which is approximately 20% lower than the national average of $94,430.
What is the concentration of Accountants and Auditors in Decatur, AL?
Decatur has a Location Quotient of 0.94 for Accountants and Auditors, indicating that the industry's presence in the city is very close to the national average concentration.
How does the cost of living in Decatur affect the salary?
Decatur's Cost of Living Index is 100, meaning it is exactly average. Therefore, the $75,730 salary offers purchasing power equivalent to the national average.
What is the total workforce size for Accountants and Auditors in Decatur?
There are approximately 520 Accountants and Auditors employed in Decatur, AL.
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 Decatur, AL area with a job density of 8.793 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 Decatur, AL