Average Accountants and Auditors Salary in Dothan, AL
Accountants and Auditors in Dothan, AL, earn an average annual salary of $76,160. This figure is notably below the national average of $94,430, suggesting local economic factors and industry demand play a significant role in compensation within this specific Alabama market. The pay differential reflects the unique economic landscape of Dothan.
Executive Summary
- Average Salary: $76,160 per year.
- Growth Trend: Salaries have shifted 3.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $120,840.
- Outlook: With a local workforce of 580 Accountants and Auditors, Dothan presents a stable, albeit not exceptionally large, employment base for these professionals. The Location Quotient of 1.02 indicates a concentration of these roles that is very close to the national average, suggesting a balanced demand and supply within the region.
Salary Overview
The average Accountants and Auditors in Dothan, AL earns-19.3%below the national average.
$36.6
$1,465
$6,347
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Dothan is not provided, it is generally assumed that salaries for Accountants and Auditors nationwide have experienced steady growth over the past four years, driven by increasing regulatory complexity and the essential nature of financial oversight. This trend likely extends to Dothan, with local compensation gradually aligning with broader market increases.
Accountants and Auditors Salary Distribution in Dothan, AL
Career progression for Accountants and Auditors in Dothan, as elsewhere, is typically marked by increasing salary potential. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and extensive experience can command salaries significantly higher, potentially reaching into the upper percentiles and reflecting substantial career growth.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,500 | $21.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,120 | $27.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $64,550 | $31 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $95,200 | $45.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $120,840 | $58.1 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$76,160
Gross Pay
Real Wage (Purchasing Power)
$76,160
Adjusted for COL (100)
The average annual salary of $76,160 in Dothan, AL, aligns perfectly with the national average cost of living index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary in Dothan is equivalent to the national average, offering a stable financial footing for residents.
Job Market Context
580
Total Jobs
9.553
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Dothan, AL has a slightly higher-than-average concentration of Accountants and Auditors roles compared to the national norm.
A Location Quotient of 1.02 for Accountants and Auditors in Dothan signifies a job market that is almost perfectly aligned with the national average in terms of concentration. This suggests that the demand for these professionals is stable and consistent with broader trends, without being exceptionally high or low, indicating a competitive but accessible market.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Panama City-Panama City Beach, FL Accountants and Auditors Salary | $74,360↓ 2% | 72 mi |
| Albany, GA Accountants and Auditors Salary | $75,400↓ 1% | 76 mi |
| Crestview-Fort Walton Beach-Destin, FL Accountants and Auditors Salary | $84,020↑ 10% | 77 mi |
| Tallahassee, FL Accountants and Auditors Salary | $69,310↓ 9% | 87 mi |
| Montgomery, AL Accountants and Auditors Salary | $78,590↑ 3% | 92 mi |
Comparing salaries near Dothan, AL
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Dothan, AL?
The median annual salary for a Accountants and Auditors in Dothan, AL is $76,160. This typically ranges from $44,500 for entry-level positions to $120,840 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Dothan, AL is 19.3% lower than the national median of $94,430.
Is Dothan, AL a lucrative place for Accountants and Auditors?
No, not exceptionally lucrative compared to the national average.While the average salary of $76,160 is substantial, it falls below the national average of $94,430. However, the cost of living being at the national average means the salary offers equivalent purchasing power locally.
Is Dothan, AL a good place to live for Accountants and Auditors?
The Cost of Living Index in Dothan, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Dothan, AL?
Some top paying nearby cities include Panama City-Panama City Beach, FL ($74,360) and Albany, GA.
How does Dothan's Accountant salary compare to the national average?
The average annual salary for Accountants and Auditors in Dothan, AL is $76,160, which is lower than the national average of $94,430.
What is the cost of living in Dothan, AL for Accountants?
The cost of living in Dothan, AL is exactly at the national average, indexed at 100, meaning your salary has average purchasing power.
How concentrated are Accountant jobs in Dothan?
The concentration of Accountant and Auditor jobs in Dothan, indicated by a Location Quotient of 1.02, is very close to the national average, suggesting a balanced job market.
What is the total workforce size for Accountants and Auditors in Dothan?
There are approximately 580 Accountants and Auditors employed in Dothan, AL, representing a stable segment of the local professional workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 580 employees in the Dothan, AL area with a job density of 9.553 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 Dothan, AL