Average Accountants and Auditors Salary in Fayetteville, NC
Accountants and Auditors in Fayetteville, NC, command an average annual salary of $86,090. This figure is notably below the national average of $94,430, suggesting that local market dynamics, such as industry concentration and demand, play a significant role in compensation levels within this North Carolina city.
Executive Summary
- Average Salary: $86,090 per year.
- Growth Trend: Salaries have shifted 15.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $126,620.
- Outlook: With a local workforce of 740 Accountants and Auditors, Fayetteville presents a moderately sized professional pool. The Location Quotient of 0.59 indicates that this profession is less concentrated in Fayetteville compared to the national average, suggesting a stable but not exceptionally high demand for these roles within the local economy.
Salary Overview
The average Accountants and Auditors in Fayetteville, NC earns-8.8%below the national average.
$41.4
$1,656
$7,174
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Fayetteville is not provided, it is generally observed that salaries for Accountants and Auditors across the nation have seen consistent growth over the past four years, driven by evolving regulatory landscapes and increasing business complexity. It is reasonable to assume a similar, albeit potentially moderated, upward trend in compensation for professionals in Fayetteville.
Accountants and Auditors Salary Distribution in Fayetteville, NC
Career progression for Accountants and Auditors in Fayetteville, NC, is typically marked by a significant salary increase with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with specialized skills and extensive experience can expect to earn salaries well into the higher percentiles, reflecting a clear path for advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,780 | $23.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $64,568 | $31 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $77,790 | $37.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $107,613 | $51.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $126,620 | $60.9 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$86,090
Gross Pay
Real Wage (Purchasing Power)
$86,090
Adjusted for COL (100)
The average annual salary of $86,090 in Fayetteville, NC, aligns precisely with the national average cost of living, as indicated by the Cost of Living Index of 100. This means that the purchasing power of an Accountant's salary in Fayetteville is comparable to the national average, offering a balanced financial landscape for residents.
Job Market Context
740
Total Jobs
5.551
Per 1K Jobs
0.59
Location Quotient
Fayetteville, NC has 0.59x 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 0.59 for Accountants and Auditors in Fayetteville signifies that the concentration of these professionals is less than half of the national average. This suggests that while the profession is present, the market is not saturated, potentially offering opportunities for skilled individuals but also indicating a lower overall demand relative to other regions.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Pinehurst-Southern Pines, NC Accountants and Auditors Salary | $81,450↓ 5% | 29 mi |
| Raleigh-Cary, NC Accountants and Auditors Salary | $92,050↑ 7% | 55 mi |
| Eastern North Carolina nonmetropolitan area Accountants and Auditors Salary | $82,530↓ 4% | 60 mi |
| Western North Carolina nonmetropolitan area Accountants and Auditors Salary | $79,020↓ 8% | 60 mi |
| Central North Carolina nonmetropolitan area Accountants and Auditors Salary | $77,440↓ 10% | 60 mi |
Comparing salaries near Fayetteville, NC
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Fayetteville, NC?
The median annual salary for a Accountants and Auditors in Fayetteville, NC is $86,090. This typically ranges from $49,780 for entry-level positions to $126,620 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fayetteville, NC is 8.8% lower than the national median of $94,430.
Is Fayetteville, NC a lucrative place for Accountants and Auditors?
No, not exceptionally lucrative compared to the national average.While the average salary of $86,090 is substantial, it falls below the national average of $94,430. However, the cost of living being at the national average means the salary's purchasing power is on par nationally.
Is Fayetteville, NC a good place to live for Accountants and Auditors?
The Cost of Living Index in Fayetteville, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fayetteville, NC?
Some top paying nearby cities include Pinehurst-Southern Pines, NC ($81,450) and Raleigh-Cary, NC.
How does Fayetteville's Accountant salary compare to the national average?
The average annual salary for Accountants and Auditors in Fayetteville, NC, is $86,090, which is lower than the national average of $94,430.
What is the Cost of Living in Fayetteville, NC for professionals?
Fayetteville, NC, 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 country.
How concentrated is the Accountant and Auditor job market in Fayetteville?
The job market for Accountants and Auditors in Fayetteville is less concentrated than the national average, with a Location Quotient of 0.59, suggesting fewer professionals per capita compared to the national benchmark.
What does the total local workforce size imply for job seekers?
With a total local workforce of 740 Accountants and Auditors, the market is of a moderate size, implying a steady but not overwhelming number of job opportunities for those entering or established in the field.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 740 employees in the Fayetteville, NC area with a job density of 5.551 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Accountants and Auditors Salaries by State
Top Jobs in Fayetteville, NC
- All Occupations Salary in Fayetteville, NC
- Office and Administrative Support Occupations Salary in Fayetteville, NC
- Food Preparation and Serving Related Occupations Salary in Fayetteville, NC
- Sales and Related Occupations Salary in Fayetteville, NC
- Transportation and Material Moving Occupations Salary in Fayetteville, NC
- Healthcare Practitioners and Technical Occupations Salary in Fayetteville, NC
- Educational Instruction and Library Occupations Salary in Fayetteville, NC
- Business and Financial Operations Occupations Salary in Fayetteville, NC
- Management Occupations Salary in Fayetteville, NC
- Production Occupations Salary in Fayetteville, NC
- Browse All Jobs in Fayetteville, NC →
Semantic Salary Analysis for Accountants and Auditors • Data source: BLS OEWS 2024 •Jobs in Fayetteville, NC