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Average Accountants and Auditors Salary in Elizabethtown, KY

Accountants and Auditors in Elizabethtown, KY, earn an average annual salary of $75,480. This figure is notably below the national average of $94,430, reflecting the specific economic landscape and demand within this Kentucky locale. Local market dynamics, including industry concentration and the overall size of the professional pool, significantly influence compensation levels for these vital financial roles.

Executive Summary

  • Average Salary: $75,480 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $116,990.
  • Outlook: Elizabethtown's market for Accountants and Auditors presents a moderate employment landscape, with a total local workforce of 270 professionals in this field. The Location Quotient of 0.57 indicates that this profession is less concentrated here compared to the national average, suggesting a potentially less saturated but also less robust demand. With 5.313 jobs per 1,000 workers, the presence of these roles is consistent, though not exceptionally high, pointing to a stable but not rapidly expanding job market.
2024 Market Data

Salary Overview

$75,480

The average Accountants and Auditors in Elizabethtown, KY earns-20.1%below the national average.

BreakdownBased on 40h/week
Hourly

$36.3

Weekly

$1,452

Monthly

$6,290

Accountants and Auditors Salary Distribution in Elizabethtown, KY

Salary progression for Accountants and Auditors in Elizabethtown, KY, typically correlates with experience and specialization. Entry-level positions will naturally command lower salaries, often falling into the lower percentiles, while seasoned professionals with specialized skills or in senior management roles can expect to earn significantly more, reaching the higher percentiles. The gap between entry-level and senior-level salaries signifies clear career advancement opportunities and the increasing value placed on expertise and leadership within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$47,420$22.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$56,610$27.2
ManagerOversees team, compliance, and project delivery.50% (Median)$66,300$31.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$94,350$45.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$116,990$56.2

Detailed Accountants and Auditors Market Analysis

Relocation Context

Nominal Salary

$75,480

Gross Pay

Real Wage (Purchasing Power)

$75,480

Adjusted for COL (100)

The nominal average annual salary of $75,480 for Accountants and Auditors in Elizabethtown, KY, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Elizabethtown-based salary is equivalent to the national average, offering a balanced financial standing. While the salary is lower than the national average, the equivalent cost of living suggests that the take-home pay offers comparable lifestyle affordability to many other regions.

Job Market Context

270

Total Jobs

5.313

Per 1K Jobs

0.57

Location Quotient

Below Average

Elizabethtown, KY has 0.57x 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 0.57, Elizabethtown, KY, has a lower concentration of Accountants and Auditors compared to the national average. This suggests that the job market for these professionals is less competitive than in major metropolitan areas, potentially offering more opportunities for individuals seeking employment. However, it also indicates that the demand might be more localized and perhaps less dynamic than in regions with a higher concentration of financial services firms.

Nearby Job Markets

Nearby Cities for Accountants and Auditors

CitySalaryDist.
Louisville/Jefferson County, KY-IN Accountants and Auditors Salary$81,950↑ 9%39 mi
Bowling Green, KY Accountants and Auditors Salary$73,140↓ 3%59 mi
Central Kentucky nonmetropolitan area Accountants and Auditors Salary$71,100↓ 6%66 mi
South Central Kentucky nonmetropolitan area Accountants and Auditors Salary$69,510↓ 8%66 mi
West Kentucky nonmetropolitan area Accountants and Auditors Salary$68,330↓ 9%66 mi

Comparing salaries near Elizabethtown, KY

Hiring Accountants and Auditorss?

Frequently Asked Questions

How much does a Accountants and Auditors make in Elizabethtown, KY?

The median annual salary for a Accountants and Auditors in Elizabethtown, KY is $75,480. This typically ranges from $47,420 for entry-level positions to $116,990 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Elizabethtown, KY is 20.1% lower than the national median of $94,430.

Is Elizabethtown, KY a lucrative place for Accountants and Auditors?

No, not particularly lucrative compared to the national average.The average salary of $75,480 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 Elizabethtown, KY a good place to live for Accountants and Auditors?

The Cost of Living Index in Elizabethtown, KY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Elizabethtown, KY?

Some top paying nearby cities include Louisville/Jefferson County, KY-IN ($81,950) and Bowling Green, KY.

How does the Elizabethtown salary compare to the national average?

The average annual salary for Accountants and Auditors in Elizabethtown, KY, is $75,480, which is considerably lower than the national average of $94,430.

What is the Cost of Living in Elizabethtown, KY?

Elizabethtown, KY, has a Cost of Living Index of 100, which is exactly the national average, indicating that everyday expenses are neither significantly higher nor lower than the typical US city.

Is there high demand for Accountants and Auditors in Elizabethtown?

The demand appears moderate, with 5.313 jobs per 1,000 workers and a lower-than-average concentration (Location Quotient of 0.57), suggesting a stable but not exceptionally high demand.

How does experience affect an Accountant's salary in Elizabethtown?

Experience is a key driver of salary growth, with entry-level positions earning less and senior or specialized roles commanding higher salaries, reflecting a clear career progression path.

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 Elizabethtown, KY area with a job density of 5.313 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Accountants and Auditors • Data source: BLS OEWS 2024 •Jobs in Elizabethtown, KY