Average Accountants and Auditors Salary in Glens Falls, NY
Accountants and Auditors in Glens Falls, NY, earn an average annual salary of $88,790. This figure is slightly below the national average of $94,430, reflecting a localized compensation structure influenced by regional economic factors and industry demand within the area. While the nominal salary is lower, understanding the cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $88,790 per year.
- Growth Trend: Salaries have shifted 30.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $128,110.
- Outlook: With a local workforce of 350 Accountants and Auditors, Glens Falls presents a stable, albeit niche, job market. The Location Quotient of 0.75 suggests a slightly lower concentration of these professionals compared to the national average, indicating a moderate demand that is met by the existing workforce. The presence of 7.041 jobs per 1,000 workers signifies consistent employment opportunities within this sector.
Salary Overview
The average Accountants and Auditors in Glens Falls, NY earns-6.0%below the national average.
$42.7
$1,708
$7,399
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Glens Falls is not provided, it is reasonable to assume that salaries for Accountants and Auditors in the region have experienced growth over the past four years, mirroring national trends. Economic recovery, increased regulatory complexity, and a growing need for financial expertise likely contribute to upward pressure on compensation, even in smaller markets.
Accountants and Auditors Salary Distribution in Glens Falls, NY
Salary progression for Accountants and Auditors in Glens Falls typically scales with experience. Entry-level positions may start at a lower percentile, while senior roles and specialized positions command higher earnings. The widening gap between entry-level and senior salaries, often seen across different pay percentiles, signifies clear career advancement opportunities and increased earning potential as professionals gain expertise and take on greater responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $53,270 | $25.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $66,593 | $32 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $78,390 | $37.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $110,988 | $53.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $128,110 | $61.6 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$88,790
Gross Pay
Real Wage (Purchasing Power)
$88,790
Adjusted for COL (100)
The average annual salary of $88,790 in Glens Falls, NY, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Accountant or Auditor's salary in Glens Falls is equivalent to the national average. Therefore, the nominal salary translates directly to a comparable standard of living when compared to the rest of the United States.
Job Market Context
350
Total Jobs
7.041
Per 1K Jobs
0.75
Location Quotient
Glens Falls, NY has 0.75x 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.
A Location Quotient of 0.75 for Accountants and Auditors in Glens Falls indicates that the profession is slightly less concentrated than the national average. This suggests that while the market is not saturated, there is a steady presence of these professionals. The job market is neither overly competitive nor exceptionally abundant, offering a balanced environment for job seekers and employers.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Albany-Schenectady-Troy, NY Accountants and Auditors Salary | $94,180↑ 6% | 45 mi |
| Pittsfield, MA Accountants and Auditors Salary | $91,940↑ 4% | 62 mi |
| Northern Vermont nonmetropolitan area Accountants and Auditors Salary | $81,870↓ 8% | 69 mi |
| Southern Vermont nonmetropolitan area Accountants and Auditors Salary | $82,580↓ 7% | 69 mi |
| Utica-Rome, NY Accountants and Auditors Salary | $85,140↓ 4% | 81 mi |
Comparing salaries near Glens Falls, NY
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Glens Falls, NY?
The median annual salary for a Accountants and Auditors in Glens Falls, NY is $88,790. This typically ranges from $53,270 for entry-level positions to $128,110 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Glens Falls, NY is 6.0% lower than the national median of $94,430.
Is Glens Falls, NY a lucrative place for Accountants and Auditors?
Yes, with a caveat.While the average salary is slightly below the national average, the cost of living is also at the national average, making the purchasing power equivalent. The stable job market offers consistent opportunities.
Is Glens Falls, NY a good place to live for Accountants and Auditors?
The Cost of Living Index in Glens Falls, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Glens Falls, NY?
Some top paying nearby cities include Albany-Schenectady-Troy, NY ($94,180) and Pittsfield, MA.
What is the average salary for an Accountant in Glens Falls, NY?
The average annual salary for Accountants and Auditors in Glens Falls, NY, is $88,790.
How does Glens Falls' cost of living compare to the national average?
Glens Falls, NY, has a Cost of Living Index of 100, which is exactly the national average.
How concentrated is the Accountant and Auditor job market in Glens Falls?
The job market for Accountants and Auditors in Glens Falls is slightly less concentrated than the national average, with a Location Quotient of 0.75.
What is the total number of Accountants and Auditors in Glens Falls?
There are approximately 350 Accountants and Auditors working in Glens Falls, NY.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Glens Falls, NY area with a job density of 7.041 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 Glens Falls, NY