Average Accountants and Auditors Salary in Jackson, MI
Accountants and Auditors in Jackson, Michigan, earn an average annual salary of $78,010. This figure is notably below the national average of $94,430, suggesting that local economic factors and demand dynamics play a significant role in compensation within this specific metropolitan area. While the nominal salary may seem lower, understanding the local context is crucial for a complete financial picture.
Executive Summary
- Average Salary: $78,010 per year.
- Growth Trend: Salaries have shifted 18.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $114,470.
- Outlook: The Jackson, MI, job market for Accountants and Auditors shows a stable presence, with a total local workforce of 490 individuals. The Location Quotient of 0.93 indicates that the concentration of these professionals in Jackson is slightly below the national average, suggesting a balanced but not overly saturated market. With 8.716 jobs per 1,000 workers, the demand appears consistent with the available talent pool.
Salary Overview
The average Accountants and Auditors in Jackson, MI earns-17.4%below the national average.
$37.5
$1,500
$6,501
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Jackson, MI, is not provided, it is reasonable to assume that salaries for Accountants and Auditors have experienced a steady upward trend over the past four years, mirroring national patterns. This growth is typically driven by inflation, increasing demand for financial expertise, and evolving regulatory landscapes, which generally lead to higher compensation across the board.
Accountants and Auditors Salary Distribution in Jackson, MI
Salary progression for Accountants and Auditors in Jackson, MI, typically correlates with experience. Entry-level positions will likely fall at the lower end of the salary spectrum, while seasoned professionals with specialized skills and extensive experience can command significantly higher earnings. The percentile gaps in salary distribution highlight clear opportunities for career advancement and increased earning potential as one moves from junior to senior roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,200 | $21.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,508 | $28.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $74,740 | $35.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $97,513 | $46.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $114,470 | $55 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$78,010
Gross Pay
Real Wage (Purchasing Power)
$78,010
Adjusted for COL (100)
The average annual salary of $78,010 in Jackson, MI, 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 Jackson is equivalent to the national average. Therefore, the nominal salary effectively translates to a comparable standard of living when compared to other areas across the United States.
Job Market Context
490
Total Jobs
8.716
Per 1K Jobs
0.93
Location Quotient
Jackson, MI has 0.93x 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 0.93, Jackson, MI, presents a job market for Accountants and Auditors that is slightly less concentrated than the national average. This suggests that while the profession is present and necessary, it is not disproportionately dominant compared to other industries within the city. This equilibrium can offer a stable environment for job seekers, with opportunities available without extreme competition.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Lansing-East Lansing, MI Accountants and Auditors Salary | $80,770↑ 4% | 34 mi |
| Ann Arbor, MI Accountants and Auditors Salary | $85,680↑ 10% | 34 mi |
| Battle Creek, MI Accountants and Auditors Salary | $80,880↑ 4% | 42 mi |
| Monroe, MI Accountants and Auditors Salary | $83,200↑ 7% | 57 mi |
| Toledo, OH Accountants and Auditors Salary | $87,970↑ 13% | 58 mi |
Comparing salaries near Jackson, MI
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Frequently Asked Questions
How much does a Accountants and Auditors make in Jackson, MI?
The median annual salary for a Accountants and Auditors in Jackson, MI is $78,010. This typically ranges from $45,200 for entry-level positions to $114,470 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Jackson, MI is 17.4% lower than the national median of $94,430.
Is Jackson, MI a lucrative place for Accountants and Auditors?
No, not significantly more lucrative than the national average.The average salary of $78,010 is below the national average of $94,430, though the cost of living matches the national average, making the purchasing power comparable.
Is Jackson, MI a good place to live for Accountants and Auditors?
The Cost of Living Index in Jackson, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Jackson, MI?
Some top paying nearby cities include Lansing-East Lansing, MI ($80,770) and Ann Arbor, MI.
How does the Jackson, MI Accountant salary compare to the national average?
The average annual salary for Accountants and Auditors in Jackson, MI, is $78,010, which is lower than the national average of $94,430.
What is the concentration of Accountants and Auditors in Jackson, MI?
The concentration, measured by the Location Quotient, is 0.93, indicating a slightly lower presence of these professionals compared to the national average.
How does the cost of living in Jackson, MI affect the salary?
Jackson, MI, has a Cost of Living Index of 100, which is the national average. This means the $78,010 salary offers a purchasing power equivalent to the national average salary in a national average cost of living area.
What is the job outlook for Accountants and Auditors in Jackson, MI?
With 8.716 jobs per 1,000 workers and a workforce of 490, the job market appears stable, with demand aligning with the available talent pool.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 490 employees in the Jackson, MI area with a job density of 8.716 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 Jackson, MI