Average Accountants and Auditors Salary in Hattiesburg, MS
Accountants and Auditors in Hattiesburg, MS, earn an average annual salary of $74,510. This figure is notably below the national average of $94,430, reflecting regional economic factors and local demand for accounting professionals. The specific economic landscape and industry concentration within Hattiesburg play a significant role in shaping compensation levels for these vital financial roles.
Executive Summary
- Average Salary: $74,510 per year.
- Growth Trend: Salaries have shifted 10.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $117,920.
- Outlook: The Hattiesburg, MS market for Accountants and Auditors shows a localized presence, with a total workforce of 360 individuals in this profession. The Location Quotient of 0.61 indicates that this role is less concentrated in Hattiesburg compared to the national average, suggesting a moderate but stable demand within the local economy. With 5.743 jobs per 1,000 workers, the market offers consistent opportunities for skilled professionals.
Salary Overview
The average Accountants and Auditors in Hattiesburg, MS earns-21.1%below the national average.
$35.8
$1,433
$6,209
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Hattiesburg is not provided, it is reasonable to assume that the salaries for Accountants and Auditors in the region have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for financial expertise, and the evolving complexity of accounting regulations.
Accountants and Auditors Salary Distribution in Hattiesburg, MS
Career progression for Accountants and Auditors in Hattiesburg, MS, is typically marked by a significant increase in earning potential as experience is gained. Entry-level positions might start at a lower percentile, but with dedicated professional development and accumulating years of service, individuals can advance to senior roles commanding higher salaries, with substantial percentile gaps reflecting this upward mobility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,740 | $20.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $55,883 | $26.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $62,270 | $29.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $93,138 | $44.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $117,920 | $56.7 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$74,510
Gross Pay
Real Wage (Purchasing Power)
$74,510
Adjusted for COL (100)
The nominal average annual salary of $74,510 in Hattiesburg, MS, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an Accountant's or Auditor's salary in Hattiesburg is equivalent to the national average, offering a stable financial footing without the premium often associated with higher cost-of-living areas.
Job Market Context
360
Total Jobs
5.743
Per 1K Jobs
0.61
Location Quotient
Hattiesburg, MS has 0.61x 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 0.61, the market for Accountants and Auditors in Hattiesburg, MS, is less concentrated than the national average. This suggests that while the profession is present and necessary, it is not a dominant industry hub. This could translate to a less competitive job market for individuals seeking employment, potentially offering more direct opportunities for those with the right qualifications.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Gulfport-Biloxi, MS Accountants and Auditors Salary | $75,730↑ 2% | 63 mi |
| Slidell-Mandeville-Covington, LA Accountants and Auditors Salary | $77,780↑ 4% | 76 mi |
| Mobile, AL Accountants and Auditors Salary | $75,150↑ 1% | 83 mi |
| Jackson, MS Accountants and Auditors Salary | $77,440↑ 4% | 87 mi |
| Hammond, LA Accountants and Auditors Salary | $73,620↓ 1% | 87 mi |
Comparing salaries near Hattiesburg, MS
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Hattiesburg, MS?
The median annual salary for a Accountants and Auditors in Hattiesburg, MS is $74,510. This typically ranges from $41,740 for entry-level positions to $117,920 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hattiesburg, MS is 21.1% lower than the national median of $94,430.
Is Hattiesburg, MS a lucrative place for Accountants and Auditors?
No, not compared to the national average.While the average salary of $74,510 is stable with a cost of living at the national average, it falls significantly short of the national average salary of $94,430 for Accountants and Auditors.
Is Hattiesburg, MS a good place to live for Accountants and Auditors?
The Cost of Living Index in Hattiesburg, MS is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hattiesburg, MS?
Some top paying nearby cities include Gulfport-Biloxi, MS ($75,730) and Slidell-Mandeville-Covington, LA.
How does the Hattiesburg salary compare to the national average?
The average annual salary for Accountants and Auditors in Hattiesburg, MS, is $74,510, which is considerably lower than the national average of $94,430.
What is the cost of living in Hattiesburg, MS for professionals?
Hattiesburg, MS, has a Cost of Living Index of 100, which is exactly the national average. This means that the general cost of goods and services is comparable to the rest of the country.
How concentrated is the accounting profession in Hattiesburg?
The accounting profession is less concentrated in Hattiesburg, MS, with a Location Quotient of 0.61, indicating it's below the national average concentration.
What is the total number of Accountants and Auditors in Hattiesburg?
There are approximately 360 Accountants and Auditors employed in Hattiesburg, MS, representing the local workforce in this sector.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the Hattiesburg, MS area with a job density of 5.743 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 Hattiesburg, MS