Average Accountants and Auditors Salary in East Tennessee nonmetropolitan area
Accountants and Auditors in East Tennessee's nonmetropolitan area earn an average annual salary of $72,250. This figure is notably lower than the national average of $94,430, reflecting the economic dynamics and demand specific to nonmetropolitan regions. Factors such as industry concentration and local economic drivers typically influence compensation levels in areas outside major urban centers.
Executive Summary
- Average Salary: $72,250 per year.
- Growth Trend: Salaries have shifted 20.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $111,150.
- Outlook: The job market for Accountants and Auditors in this East Tennessee nonmetropolitan area appears stable, with a total local workforce of 680 professionals. The Location Quotient of 0.51 indicates a lower concentration of these roles compared to the national average, suggesting a potentially less saturated but also less specialized market. While not a hub for this profession, the consistent presence of these roles signifies ongoing demand within the local economy.
Salary Overview
The average Accountants and Auditors in East Tennessee nonmetropolitan area earns-23.5%below the national average.
$34.7
$1,389
$6,021
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Accountants and Auditors have experienced gradual growth over the past four years, mirroring national trends. Economic recovery and evolving business needs generally drive increases in demand and compensation for essential financial roles, even in less urbanized settings.
Accountants and Auditors Salary Distribution in East Tennessee nonmetropolitan area
Career progression for Accountants and Auditors typically involves a significant salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while senior accountants and auditing managers can command salaries well above the average. The percentile gaps in salary distribution signify clear opportunities for advancement and increased earning potential as professionals gain expertise and take on greater responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,970 | $18.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,188 | $26.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $67,800 | $32.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $90,313 | $43.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $111,150 | $53.4 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$72,250
Gross Pay
Real Wage (Purchasing Power)
$72,250
Adjusted for COL (100)
The average annual salary of $72,250 in East Tennessee's nonmetropolitan area 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 region is equivalent to the national average. While the nominal salary is lower than the national average, the cost of living parity suggests that the take-home pay offers comparable economic stability to professionals living elsewhere in the country.
Job Market Context
680
Total Jobs
4.788
Per 1K Jobs
0.51
Location Quotient
East Tennessee nonmetropolitan area has 0.51x 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.
With a Location Quotient of 0.51, the market for Accountants and Auditors in East Tennessee's nonmetropolitan area is less concentrated than the national average. This suggests that while the demand exists, the profession is not as prevalent or specialized as in major metropolitan hubs. It indicates a market that may offer fewer opportunities but potentially less intense competition for qualified professionals.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Nashville-Davidson--Murfreesboro--Franklin, TN Accountants and Auditors Salary | $86,870↑ 20% | 29 mi |
| Clarksville, TN-KY Accountants and Auditors Salary | $73,640↑ 2% | 67 mi |
| Huntsville, AL Accountants and Auditors Salary | $85,400↑ 18% | 73 mi |
| Decatur, AL Accountants and Auditors Salary | $75,730↑ 5% | 83 mi |
| Florence-Muscle Shoals, AL Accountants and Auditors Salary | $71,890↓ 0% | 84 mi |
Comparing salaries near East Tennessee nonmetropolitan area
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in East Tennessee nonmetropolitan area?
The median annual salary for a Accountants and Auditors in East Tennessee nonmetropolitan area is $72,250. This typically ranges from $37,970 for entry-level positions to $111,150 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in East Tennessee nonmetropolitan area is 23.5% lower than the national median of $94,430.
Is East Tennessee nonmetropolitan area a lucrative place for Accountants and Auditorss?
No, not compared to the national average.The average salary of $72,250 is significantly lower than 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 East Tennessee nonmetropolitan area a good place to live for Accountants and Auditors?
The Cost of Living Index in East Tennessee nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near East Tennessee nonmetropolitan area?
Some top paying nearby cities include Nashville-Davidson--Murfreesboro--Franklin, TN ($86,870) and Clarksville, TN-KY.
How does the local workforce size affect job prospects for Accountants and Auditors?
A local workforce of 680 indicates a moderate presence of Accountants and Auditors. While not a large concentration, it suggests a stable demand for these services within the community's businesses and organizations.
What does a Location Quotient of 0.51 mean for Accountants and Auditors in this area?
A Location Quotient of 0.51 signifies that Accountants and Auditors are less concentrated in this nonmetropolitan area compared to the national average. This could mean fewer specialized roles but potentially less competition for general accounting positions.
How does the Cost of Living Index of 100 impact the $72,250 salary?
An index of 100 means the cost of living is exactly at the national average. Therefore, the $72,250 salary offers purchasing power equivalent to the national average, despite being lower than the national average salary.
Are there many job opportunities for Accountants and Auditors in East Tennessee's nonmetropolitan areas?
While the total workforce is 680, the lower Location Quotient suggests that the density of these jobs is less than the national average. This implies a steady but not exceptionally high number of openings.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 680 employees in the East Tennessee nonmetropolitan area area with a job density of 4.788 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 Tennessee nonmetropolitan area