Average Accountants and Auditors Salary in East Arkansas nonmetropolitan area
Accountants and Auditors in the East Arkansas nonmetropolitan area earn an average annual salary of $69,360. This figure is notably lower than the national average of $94,430, reflecting regional economic factors and a less concentrated demand for these specialized financial roles. The specific economic landscape and industry concentration within East Arkansas directly influence the compensation offered to its accounting professionals.
Executive Summary
- Average Salary: $69,360 per year.
- Growth Trend: Salaries have shifted 3.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $107,890.
- Outlook: The job market for Accountants and Auditors in East Arkansas appears stable, albeit with a lower concentration compared to national averages. With a total local workforce of 270 professionals in this field and a Location Quotient of 0.43, the demand is present but not exceptionally high. This suggests a steady, consistent need for these services rather than rapid expansion, making it a reliable sector for employment.
Salary Overview
The average Accountants and Auditors in East Arkansas nonmetropolitan area earns-26.5%below the national average.
$33.3
$1,334
$5,780
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for this precise region isn't provided, it's reasonable to assume that salaries for Accountants and Auditors in East Arkansas have seen gradual growth over the past four years, mirroring national trends. Economic development and evolving business needs typically drive modest increases in compensation for skilled financial professionals, even in nonmetropolitan areas.
Accountants and Auditors Salary Distribution in East Arkansas nonmetropolitan area
Career progression for Accountants and Auditors in East Arkansas typically involves salary increases tied to experience and specialization. Entry-level positions will command lower salaries, while senior roles requiring extensive expertise and leadership responsibilities will see significant uplifts. The gap between the lower and upper salary percentiles highlights the substantial earning potential as professionals advance their careers and acquire specialized skills.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,290 | $18.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $52,020 | $25 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $62,120 | $29.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $86,700 | $41.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $107,890 | $51.9 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$69,360
Gross Pay
Real Wage (Purchasing Power)
$69,360
Adjusted for COL (100)
The average annual salary of $69,360 in East Arkansas aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of an Accountant or Auditor's salary in this region is equivalent to the national average. While the nominal salary is lower than the national average, the cost of living does not diminish its relative value, offering a balanced financial proposition.
Job Market Context
270
Total Jobs
4.034
Per 1K Jobs
0.43
Location Quotient
At 0.43x, East Arkansas nonmetropolitan area has a notably lower concentration of Accountants and Auditors jobs than the national average. Opportunities in this area are relatively scarce for this profession.
With a Location Quotient of 0.43, Accountants and Auditors are less concentrated in East Arkansas compared to the national average. This indicates that the job market is not saturated, and there may be opportunities for skilled professionals. However, it also suggests that the demand might be more localized and potentially less competitive than in major metropolitan hubs with higher LQs.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Little Rock-North Little Rock-Conway, AR Accountants and Auditors Salary | $75,210↑ 8% | 17 mi |
| Hot Springs, AR Accountants and Auditors Salary | $79,070↑ 14% | 51 mi |
Comparing salaries near East Arkansas nonmetropolitan area
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in East Arkansas nonmetropolitan area?
The median annual salary for a Accountants and Auditors in East Arkansas nonmetropolitan area is $69,360. This typically ranges from $39,290 for entry-level positions to $107,890 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in East Arkansas nonmetropolitan area is 26.5% lower than the national median of $94,430.
Is East Arkansas nonmetropolitan area a lucrative place for Accountants and Auditorss?
No, it is not considered lucrative compared to the national average.The average salary of $69,360 is significantly lower than the national average of $94,430, despite a cost of living that matches the national average.
Is East Arkansas nonmetropolitan area a good place to live for Accountants and Auditors?
The Cost of Living Index in East Arkansas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near East Arkansas nonmetropolitan area?
Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($75,210) and Hot Springs, AR.
What is the average salary for Accountants and Auditors in East Arkansas?
The average annual salary for Accountants and Auditors in the East Arkansas nonmetropolitan area is $69,360.
How does the East Arkansas salary compare to the national average?
The average salary in East Arkansas ($69,360) is considerably lower than the national average salary of $94,430 for Accountants and Auditors.
What is the cost of living in East Arkansas compared to the national average?
The cost of living in East Arkansas is exactly at the national average, with an index of 100.
How concentrated are Accountants and Auditors in East Arkansas?
Accountants and Auditors are less concentrated in East Arkansas, with a Location Quotient of 0.43, indicating a lower presence compared to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the East Arkansas nonmetropolitan area area with a job density of 4.034 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 East Arkansas nonmetropolitan area