Average Accountants and Auditors Salary in Evansville, IN
Accountants and Auditors in Evansville, Indiana, earn an average annual salary of $80,200. This figure is notably below the national average of $94,430, suggesting that local market dynamics and potentially a different cost-of-living structure influence compensation in this region. While the national trend may indicate higher earning potential, Evansville presents a unique economic landscape for finance professionals.
Executive Summary
- Average Salary: $80,200 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $122,800.
- Outlook: With a local workforce of 1,070 Accountants and Auditors, Evansville demonstrates a stable presence in this sector. The Location Quotient of 0.85 indicates a slightly lower concentration of these professionals compared to the national average, suggesting a market that is neither oversaturated nor experiencing exceptionally high demand relative to other professions. The rate of 7.948 jobs per 1,000 workers further contextualizes the steady, albeit not booming, employment opportunities available.
Salary Overview
The average Accountants and Auditors in Evansville, IN earns-15.1%below the national average.
$38.6
$1,542
$6,683
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Evansville is not provided, it is reasonable to assume that salaries for Accountants and Auditors in the region have experienced gradual growth over the past four years, mirroring national trends. Economic shifts, inflation, and evolving industry demands typically drive incremental increases in compensation for skilled professionals in established fields like accounting.
Accountants and Auditors Salary Distribution in Evansville, IN
Career progression for Accountants and Auditors in Evansville, as elsewhere, is typically marked by salary increases tied to experience and specialization. Entry-level positions will naturally command lower salaries, while seasoned professionals with expertise in areas like forensic accounting, auditing, or tax law can expect significantly higher compensation. The percentile gaps in salary distributions reflect these opportunities for advancement and increased earning potential throughout one's career.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,330 | $24.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $60,150 | $28.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,150 | $36.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $100,250 | $48.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $122,800 | $59 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$80,200
Gross Pay
Real Wage (Purchasing Power)
$80,200
Adjusted for COL (100)
The average annual salary of $80,200 in Evansville, IN, aligns precisely with the national average Cost of Living Index of 100. This means that the nominal salary earned by Accountants and Auditors in Evansville holds its purchasing power comparably to the national average. While the salary is lower than the national average, the equivalent cost of living suggests that the take-home pay may offer similar lifestyle affordability as in higher-cost national areas.
Job Market Context
1,070
Total Jobs
7.948
Per 1K Jobs
0.85
Location Quotient
Evansville, IN has 0.85x 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 0.85 for Accountants and Auditors in Evansville indicates that this profession is slightly less concentrated than the national average. This suggests that while the market is not exceptionally competitive with an oversupply of talent, there is a consistent demand for skilled professionals. Companies in Evansville may find it moderately challenging to recruit specialized talent, but the overall job market remains accessible for qualified individuals.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Owensboro, KY Accountants and Auditors Salary | $78,310↓ 2% | 28 mi |
| Paducah, KY-IL Accountants and Auditors Salary | $71,030↓ 11% | 88 mi |
| Bowling Green, KY Accountants and Auditors Salary | $73,140↓ 9% | 92 mi |
| Elizabethtown, KY Accountants and Auditors Salary | $75,480↓ 6% | 93 mi |
| Bloomington, IN Accountants and Auditors Salary | $79,420↓ 1% | 98 mi |
Comparing salaries near Evansville, IN
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Evansville, IN?
The median annual salary for a Accountants and Auditors in Evansville, IN is $80,200. This typically ranges from $50,330 for entry-level positions to $122,800 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Evansville, IN is 15.1% lower than the national median of $94,430.
Is Evansville, IN a lucrative place for Accountants and Auditors?
No, not exceptionally lucrative compared to the national average.The average salary of $80,200 is below the national average of $94,430, although the cost of living is on par with the national average. This means while your money may go as far, the absolute earning potential is lower than the national benchmark.
Is Evansville, IN a good place to live for Accountants and Auditors?
The Cost of Living Index in Evansville, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Evansville, IN?
Some top paying nearby cities include Owensboro, KY ($78,310) and Paducah, KY-IL.
How does Evansville's Accountant salary compare to the national average?
The average salary for Accountants and Auditors in Evansville, IN is $80,200, which is approximately 15% lower than the national average of $94,430.
What is the Cost of Living in Evansville, IN?
Evansville, IN has a Cost of Living Index of 100, which is exactly the national average, indicating that the general cost of goods and services is comparable to the rest of the United States.
How concentrated is the Accountant and Auditor job market in Evansville?
The job market for Accountants and Auditors in Evansville is slightly less concentrated than the national average, with a Location Quotient of 0.85, suggesting a balanced demand and supply of professionals.
What is the total number of Accountants and Auditors in Evansville?
There are approximately 1,070 Accountants and Auditors employed in Evansville, IN, 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 1,070 employees in the Evansville, IN area with a job density of 7.948 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 Evansville, IN