Average Accountants and Auditors Salary in Houma-Bayou Cane-Thibodaux, LA
Accountants and Auditors in Houma-Bayou Cane-Thibodaux, LA, can expect an average annual salary of $75,920. This figure is notably below the national average of $94,430, indicating that local market dynamics, such as industry demand and the cost of doing business, play a significant role in compensation within this region.
Executive Summary
- Average Salary: $75,920 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $117,720.
- Outlook: With a local workforce of 450 Accountants and Auditors, the Houma-Bayou Cane-Thibodaux area presents a moderate employment landscape for this profession. The Location Quotient of 0.57 suggests that this role is less concentrated here compared to the national average, implying a potentially stable but not rapidly expanding job market for these professionals.
Salary Overview
The average Accountants and Auditors in Houma-Bayou Cane-Thibodaux, LA earns-19.6%below the national average.
$36.5
$1,460
$6,327
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Accountants and Auditors across the United States, including in regions like Houma-Bayou Cane-Thibodaux, have experienced steady growth over the past four years, driven by inflation, increasing demand for financial expertise, and evolving regulatory landscapes.
Accountants and Auditors Salary Distribution in Houma-Bayou Cane-Thibodaux, LA
Salary progression for Accountants and Auditors is strongly tied to experience. Entry-level positions typically command lower salaries, while senior roles with extensive experience and specialized skills can earn significantly more, often reaching into the upper percentiles of the pay scale. The widening gap between entry-level and senior salaries reflects the value placed on expertise and proven track records in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,000 | $22.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $56,940 | $27.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $66,900 | $32.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $94,900 | $45.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $117,720 | $56.6 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$75,920
Gross Pay
Real Wage (Purchasing Power)
$75,920
Adjusted for COL (100)
The average annual salary of $75,920 in Houma-Bayou Cane-Thibodaux 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's earnings in this area is equivalent to that of someone earning the national average salary in a location with a national average cost of living.
Job Market Context
450
Total Jobs
5.396
Per 1K Jobs
0.57
Location Quotient
Houma-Bayou Cane-Thibodaux, LA has 0.57x 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 0.57 for Accountants and Auditors in Houma-Bayou Cane-Thibodaux indicates that this profession is less prevalent in the local job market compared to the national average. This suggests a less saturated market, which could present opportunities for skilled professionals, but also implies that the overall demand might be lower than in more concentrated metropolitan areas.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| New Orleans-Metairie, LA Accountants and Auditors Salary | $83,360↑ 10% | 58 mi |
| Baton Rouge, LA Accountants and Auditors Salary | $78,280↑ 3% | 65 mi |
| Hammond, LA Accountants and Auditors Salary | $73,620↓ 3% | 66 mi |
| Slidell-Mandeville-Covington, LA Accountants and Auditors Salary | $77,780↑ 2% | 74 mi |
| Lafayette, LA Accountants and Auditors Salary | $74,120↓ 2% | 91 mi |
Comparing salaries near Houma-Bayou Cane-Thibodaux, LA
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Frequently Asked Questions
How much does a Accountants and Auditors make in Houma-Bayou Cane-Thibodaux, LA?
The median annual salary for a Accountants and Auditors in Houma-Bayou Cane-Thibodaux, LA is $75,920. This typically ranges from $47,000 for entry-level positions to $117,720 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Houma-Bayou Cane-Thibodaux, LA is 19.6% lower than the national median of $94,430.
Is Houma-Bayou Cane-Thibodaux, LA a lucrative place for Accountants and Auditors?
No, not exceptionally lucrative compared to national averages.While the cost of living is average, the average salary of $75,920 is significantly lower than the national average of $94,430, suggesting less competitive compensation in this region.
Is Houma-Bayou Cane-Thibodaux, LA a good place to live for Accountants and Auditors?
The Cost of Living Index in Houma-Bayou Cane-Thibodaux, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Houma-Bayou Cane-Thibodaux, LA?
Some top paying nearby cities include New Orleans-Metairie, LA ($83,360) and Baton Rouge, LA.
How does the local job market compare to the national average for Accountants and Auditors?
The local job market in Houma-Bayou Cane-Thibodaux has a lower concentration of Accountants and Auditors, as indicated by a Location Quotient of 0.57, meaning the profession is less common here than the national average.
What is the impact of the Cost of Living Index on salary expectations?
With a Cost of Living Index of 100, the local purchasing power of an Accountant's salary is on par with the national average, meaning the $75,920 salary offers average living expenses.
How many Accountants and Auditors are employed in Houma-Bayou Cane-Thibodaux, LA?
There are approximately 450 Accountants and Auditors employed within the Houma-Bayou Cane-Thibodaux, LA area, representing 5.396 jobs per 1,000 workers.
Will my salary increase with more experience as an Accountant in Houma-Bayou Cane-Thibodaux, LA?
Yes, as with most professions, increased experience and specialized skills typically lead to higher salaries for Accountants and Auditors, moving individuals into higher pay percentiles within the local market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 450 employees in the Houma-Bayou Cane-Thibodaux, LA area with a job density of 5.396 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 Houma-Bayou Cane-Thibodaux, LA