Average Accountants and Auditors Salary in Eastern North Carolina nonmetropolitan area
Accountants and Auditors in Eastern North Carolina's nonmetropolitan areas can expect an average annual salary of $82,530. This figure is notably below the national average of $94,430, reflecting regional economic factors and demand specific to this locale. The compensation structure in this area is influenced by the concentration of businesses and the overall economic landscape, which differs from more densely populated or industrially diverse regions.
Executive Summary
- Average Salary: $82,530 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $125,680.
- Outlook: With a local workforce of 1,640 Accountants and Auditors, the job market in Eastern North Carolina's nonmetropolitan areas presents a stable, albeit specialized, environment. The Location Quotient of 0.66 indicates a lower concentration of these professionals compared to the national average, suggesting that while the absolute number of jobs is significant, the relative demand might be less intense than in major metropolitan hubs. This suggests a steady, consistent need for accounting services rather than rapid expansion.
Salary Overview
The average Accountants and Auditors in Eastern North Carolina nonmetropolitan area earns-12.6%below the national average.
$39.7
$1,587
$6,878
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area isn't provided, it's reasonable to assume that salaries for Accountants and Auditors in Eastern North Carolina have experienced gradual growth over the past four years, mirroring national trends. Economic shifts, inflation, and evolving industry demands typically drive modest annual increases in compensation for skilled professionals in accounting and auditing roles across most regions.
Accountants and Auditors Salary Distribution in Eastern North Carolina nonmetropolitan area
Career progression for Accountants and Auditors in Eastern North Carolina nonmetropolitan areas is typically marked by increasing earning potential with experience. Entry-level positions will likely fall below the $82,530 average, while seasoned professionals with specialized skills or in senior management roles can command salaries significantly higher. The percentile gaps in salary distribution underscore the opportunities for advancement and increased earning power as one gains expertise and takes on greater responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,070 | $23.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $61,898 | $29.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $73,930 | $35.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $103,163 | $49.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $125,680 | $60.4 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$82,530
Gross Pay
Real Wage (Purchasing Power)
$82,530
Adjusted for COL (100)
The average annual salary of $82,530 in Eastern North Carolina's nonmetropolitan areas aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, 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 being at par suggests that the real value of the income is maintained, offering a comparable standard of living.
Job Market Context
1,640
Total Jobs
6.244
Per 1K Jobs
0.66
Location Quotient
Eastern North Carolina nonmetropolitan area has 0.66x 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 0.66 for Accountants and Auditors in Eastern North Carolina's nonmetropolitan areas indicates a below-average concentration of these professionals relative to the national landscape. This suggests that the job market may be less saturated, potentially offering more direct opportunities for qualified individuals. However, it also implies that the demand might not be as robust as in areas with a higher concentration, meaning job seekers might encounter fewer openings but potentially less competition for each role.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Greensboro-High Point, NC Accountants and Auditors Salary | $85,840↑ 4% | 32 mi |
| Pinehurst-Southern Pines, NC Accountants and Auditors Salary | $81,450↓ 1% | 36 mi |
| Burlington, NC Accountants and Auditors Salary | $84,070↑ 2% | 36 mi |
| Winston-Salem, NC Accountants and Auditors Salary | $83,750↑ 1% | 41 mi |
| Durham-Chapel Hill, NC Accountants and Auditors Salary | $96,370↑ 17% | 56 mi |
Comparing salaries near Eastern North Carolina nonmetropolitan area
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Frequently Asked Questions
How much does a Accountants and Auditors make in Eastern North Carolina nonmetropolitan area?
The median annual salary for a Accountants and Auditors in Eastern North Carolina nonmetropolitan area is $82,530. This typically ranges from $48,070 for entry-level positions to $125,680 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Eastern North Carolina nonmetropolitan area is 12.6% lower than the national median of $94,430.
Is Eastern North Carolina nonmetropolitan area a lucrative place for Accountants and Auditorss?
No, it is not considered lucrative compared to the national average.The average salary of $82,530 is significantly lower than the national average of $94,430. While the cost of living is at the national average, the nominal pay does not reflect a lucrative market in comparison.
Is Eastern North Carolina nonmetropolitan area a good place to live for Accountants and Auditors?
The Cost of Living Index in Eastern North Carolina nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Eastern North Carolina nonmetropolitan area?
Some top paying nearby cities include Greensboro-High Point, NC ($85,840) and Pinehurst-Southern Pines, NC.
How does the cost of living affect the salary in Eastern North Carolina?
With a Cost of Living Index of 100, the $82,530 salary in Eastern North Carolina offers purchasing power equivalent to the national average. This means that despite the lower nominal salary compared to the national average, the real value of the income is maintained locally.
What is the job market like for Accountants and Auditors in this region?
The job market is stable with 1,640 professionals employed. The Location Quotient of 0.66 suggests a lower concentration than the national average, indicating potentially less competition but also possibly fewer openings compared to more densely populated areas.
How does experience impact an Accountant's salary in Eastern North Carolina?
Experience significantly influences earning potential, with entry-level roles typically paying less than the $82,530 average and senior positions commanding higher salaries. Salary progression is evident through increasing percentile earnings with more experience and responsibility.
Are there many Accountants and Auditors in Eastern North Carolina compared to other regions?
No, the concentration is lower than the national average, as indicated by a Location Quotient of 0.66. This means that for every 1,000 workers in the area, there are fewer Accountants and Auditors than 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 1,640 employees in the Eastern North Carolina nonmetropolitan area area with a job density of 6.244 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 Eastern North Carolina nonmetropolitan area