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Average Accountants and Auditors Salary in Gadsden, AL

Accountants and Auditors in Gadsden, AL earn an average annual salary of $67,730. This figure is notably below the national average of $94,430, reflecting localized economic conditions and demand specific to the Gadsden metropolitan area. Factors such as the regional industry mix and the overall cost of doing business contribute to this pay differential.

Executive Summary

  • Average Salary: $67,730 per year.
  • Growth Trend: Salaries have shifted 9.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $100,570.
  • Outlook: With a local workforce of 270 Accountants and Auditors, Gadsden presents a moderately concentrated market. The Location Quotient of 0.87 suggests a presence that is slightly below the national average in terms of concentration, indicating a stable but not rapidly expanding demand for these professionals within the region.
2024 Market Data

Salary Overview

$67,730

The average Accountants and Auditors in Gadsden, AL earns-28.3%below the national average.

BreakdownBased on 40h/week
Hourly

$32.6

Weekly

$1,303

Monthly

$5,644

Accountants and Auditors Salary Distribution in Gadsden, AL

Salary progression for Accountants and Auditors in Gadsden, AL, typically scales with experience. Entry-level positions will command lower salaries, while senior roles and specialized positions requiring extensive experience and certifications can significantly increase earning potential. The variance in salaries across different experience levels highlights clear career progression pathways within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$43,470$20.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$50,798$24.4
ManagerOversees team, compliance, and project delivery.50% (Median)$59,930$28.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$84,663$40.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$100,570$48.4

Detailed Accountants and Auditors Market Analysis

Relocation Context

Nominal Salary

$67,730

Gross Pay

Real Wage (Purchasing Power)

$67,730

Adjusted for COL (100)

The average annual salary of $67,730 in Gadsden, AL, aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of an Accountant or Auditor in Gadsden is equivalent to that of their national counterparts, offering a balanced financial standing.

Job Market Context

270

Total Jobs

8.182

Per 1K Jobs

0.87

Location Quotient

Below Average

Gadsden, AL has 0.87x 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 0.87 for Accountants and Auditors in Gadsden, AL, indicates that the profession is slightly less concentrated than the national average. This suggests a competitive market where demand is present but not overwhelmingly high, offering potential opportunities for skilled professionals without the intense competition found in more saturated areas.

Nearby Job Markets

Nearby Cities for Accountants and Auditors

Comparing salaries near Gadsden, AL

Hiring Accountants and Auditorss?

Frequently Asked Questions

How much does a Accountants and Auditors make in Gadsden, AL?

The median annual salary for a Accountants and Auditors in Gadsden, AL is $67,730. This typically ranges from $43,470 for entry-level positions to $100,570 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Gadsden, AL is 28.3% lower than the national median of $94,430.

Is Gadsden, AL a lucrative place for Accountants and Auditors?

No, Gadsden, AL is not a particularly lucrative place for Accountants and Auditors compared to the national average.The average salary of $67,730 is significantly lower than the national average of $94,430. However, the cost of living is also at the national average, making the effective purchasing power comparable.

Is Gadsden, AL a good place to live for Accountants and Auditors?

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

Where are the highest paying cities near Gadsden, AL?

Some top paying nearby cities include Anniston-Oxford, AL ($72,050) and Rome, GA.

What is the average salary for Accountants and Auditors in Gadsden, AL?

The average annual salary for Accountants and Auditors in Gadsden, AL is $67,730.

How does Gadsden's cost of living compare to the national average?

Gadsden, AL has a Cost of Living Index of 100, which is exactly the national average.

How concentrated is the market for Accountants and Auditors in Gadsden, AL?

The market for Accountants and Auditors in Gadsden, AL, has a Location Quotient of 0.87, indicating it is slightly less concentrated than the national average.

What is the total workforce of Accountants and Auditors in Gadsden, AL?

There are approximately 270 Accountants and Auditors employed in Gadsden, AL.

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 Gadsden, AL area with a job density of 8.182 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.