Average Accountants and Auditors Salary in Hilton Head Island-Bluffton-Port Royal, SC
Accountants and Auditors in the Hilton Head Island-Bluffton-Port Royal, SC area earn an average annual salary of $88,370. This figure is slightly below the national average of $94,430, suggesting that while the demand for accounting professionals is present, local economic factors and industry concentration may influence compensation levels compared to broader national trends.
Executive Summary
- Average Salary: $88,370 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $155,990.
- Outlook: With a local workforce of 550 Accountants and Auditors, the Hilton Head Island-Bluffton-Port Royal area demonstrates a stable, albeit not exceptionally concentrated, presence of these professionals. The Location Quotient of 0.71 indicates a slightly lower concentration than the national average, suggesting a moderate but consistent demand for accounting services within this specific region.
Salary Overview
The average Accountants and Auditors in Hilton Head Island-Bluffton-Port Royal, SC earns-6.4%below the national average.
$42.5
$1,699
$7,364
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Accountants and Auditors in Hilton Head Island-Bluffton-Port Royal, SC, like in most regions, have experienced a steady upward trend over the past four years. 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 Hilton Head Island-Bluffton-Port Royal, SC
Career progression for Accountants and Auditors in Hilton Head Island-Bluffton-Port Royal, SC, is marked by increasing earning potential. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries, often reaching into the upper percentiles, reflecting their value and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,820 | $23.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $66,278 | $31.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,090 | $36.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $110,463 | $53.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $155,990 | $75 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$88,370
Gross Pay
Real Wage (Purchasing Power)
$88,370
Adjusted for COL (100)
The average annual salary of $88,370 in Hilton Head Island-Bluffton-Port Royal, SC, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an accountant's salary in this region is comparable to the national average, offering a stable financial environment for those considering a move or already residing there.
Job Market Context
550
Total Jobs
6.666
Per 1K Jobs
0.71
Location Quotient
Hilton Head Island-Bluffton-Port Royal, SC has 0.71x 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 0.71 for Accountants and Auditors in Hilton Head Island-Bluffton-Port Royal, SC, suggests that the job market for these professionals is slightly less concentrated than the national average. This indicates a balanced market where demand exists, but the field is not oversaturated, potentially offering good opportunities for skilled individuals without intense competition.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Savannah, GA Accountants and Auditors Salary | $84,050↓ 5% | 28 mi |
| Hinesville, GA Accountants and Auditors Salary | $72,270↓ 18% | 57 mi |
| Charleston-North Charleston, SC Accountants and Auditors Salary | $92,060↑ 4% | 63 mi |
| Brunswick-St. Simons, GA Accountants and Auditors Salary | $76,540↓ 13% | 84 mi |
Comparing salaries near Hilton Head Island-Bluffton-Port Royal, SC
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Frequently Asked Questions
How much does a Accountants and Auditors make in Hilton Head Island-Bluffton-Port Royal, SC?
The median annual salary for a Accountants and Auditors in Hilton Head Island-Bluffton-Port Royal, SC is $88,370. This typically ranges from $48,820 for entry-level positions to $155,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hilton Head Island-Bluffton-Port Royal, SC is 6.4% lower than the national median of $94,430.
Is Hilton Head Island-Bluffton-Port Royal, SC a lucrative place for Accountants and Auditors?
Moderately lucrative, with salary aligning with cost of living.The average salary of $88,370 is slightly below the national average, but the cost of living is also at the national average, making purchasing power comparable. The market is stable with moderate demand.
Is Hilton Head Island-Bluffton-Port Royal, SC a good place to live for Accountants and Auditors?
The Cost of Living Index in Hilton Head Island-Bluffton-Port Royal, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hilton Head Island-Bluffton-Port Royal, SC?
Some top paying nearby cities include Savannah, GA ($84,050) and Hinesville, GA.
How does the Hilton Head Island-Bluffton-Port Royal salary compare to the national average?
The average annual salary for Accountants and Auditors in Hilton Head Island-Bluffton-Port Royal, SC is $88,370, which is approximately $6,060 less than the national average of $94,430.
What is the concentration of Accountants and Auditors in this area?
The concentration, measured by the Location Quotient, is 0.71, indicating that Accountants and Auditors are slightly less prevalent in Hilton Head Island-Bluffton-Port Royal, SC, compared to the national average.
How many Accountants and Auditors are employed in Hilton Head Island-Bluffton-Port Royal, SC?
There are approximately 550 Accountants and Auditors employed within the Hilton Head Island-Bluffton-Port Royal, SC metropolitan area.
What does a Cost of Living Index of 100 mean for accountants in this area?
A Cost of Living Index of 100 signifies that the general cost of goods and services in Hilton Head Island-Bluffton-Port Royal, SC, is the same as the national average, meaning the $88,370 salary has average purchasing power.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 550 employees in the Hilton Head Island-Bluffton-Port Royal, SC area with a job density of 6.666 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 Hilton Head Island-Bluffton-Port Royal, SC