Average Accountants and Auditors Salary in Jackson, MS
Accountants and Auditors in Jackson, MS, earn an average annual salary of $77,440. This figure is notably below the national average of $94,430, reflecting regional economic factors and the specific demand within the Mississippi capital. While the nominal salary may seem lower, understanding the local economic landscape is crucial for a complete picture.
Executive Summary
- Average Salary: $77,440 per year.
- Growth Trend: Salaries have shifted 17.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $119,440.
- Outlook: With a local workforce of 2,450 Accountants and Auditors, Jackson, MS, presents a stable, albeit not exceptionally concentrated, job market for these professionals. The Location Quotient of 0.97 indicates that the concentration of these roles is very close to the national average, suggesting a steady demand that aligns with the broader U.S. employment trends for this profession.
Salary Overview
The average Accountants and Auditors in Jackson, MS earns-18.0%below the national average.
$37.2
$1,489
$6,453
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Jackson, MS, is not provided, it is generally assumed that salaries for Accountants and Auditors nationwide have experienced consistent growth over the past four years, driven by increasing regulatory complexity and the essential nature of financial oversight. This upward trend is likely reflected, to some degree, in the Jackson market, even if regional economic conditions influence the pace of salary increases.
Accountants and Auditors Salary Distribution in Jackson, MS
Career progression for Accountants and Auditors in Jackson, MS, typically involves a significant salary increase from entry-level to senior positions. While specific percentile data is unavailable, the typical salary range suggests that experienced professionals can command substantially higher earnings, with senior roles often reaching well into the six figures, reflecting accumulated expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,300 | $21.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,080 | $27.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $66,390 | $31.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $96,800 | $46.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $119,440 | $57.4 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$77,440
Gross Pay
Real Wage (Purchasing Power)
$77,440
Adjusted for COL (100)
The average annual salary of $77,440 in Jackson, 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 or Auditor's salary in Jackson 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
2,450
Total Jobs
9.118
Per 1K Jobs
0.97
Location Quotient
Jackson, MS has 0.97x 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 0.97 for Accountants and Auditors in Jackson, MS, signifies a job market that is nearly on par with the national average in terms of professional concentration. This suggests a balanced supply and demand dynamic, where the market is neither oversaturated nor experiencing a significant shortage of these professionals, indicating a competitive but accessible employment landscape.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Upper East Mississippi nonmetropolitan area Accountants and Auditors Salary | $69,780↓ 10% | 43 mi |
| Lower East Mississippi nonmetropolitan area Accountants and Auditors Salary | $70,980↓ 8% | 43 mi |
| Lower West Mississippi nonmetropolitan area Accountants and Auditors Salary | $75,180↓ 3% | 43 mi |
| West Delta Mississippi nonmetropolitan area Accountants and Auditors Salary | $71,860↓ 7% | 43 mi |
| Hattiesburg, MS Accountants and Auditors Salary | $74,510↓ 4% | 87 mi |
Comparing salaries near Jackson, MS
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Jackson, MS?
The median annual salary for a Accountants and Auditors in Jackson, MS is $77,440. This typically ranges from $44,300 for entry-level positions to $119,440 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Jackson, MS is 18.0% lower than the national median of $94,430.
Is Jackson, MS a lucrative place for Accountants and Auditors?
No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average salary for Accountants and Auditors in Jackson, MS, is significantly lower than the national average. This indicates that while your money may go further locally, the nominal earnings are less competitive.
Is Jackson, MS a good place to live for Accountants and Auditors?
The Cost of Living Index in Jackson, MS is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Jackson, MS?
Some top paying nearby cities include Upper East Mississippi nonmetropolitan area ($69,780) and Lower East Mississippi nonmetropolitan area.
How does the Jackson, MS salary compare to the national average?
The average annual salary for Accountants and Auditors in Jackson, MS, is $77,440, which is approximately $17,000 less than the national average of $94,430.
What is the concentration of Accountants and Auditors in Jackson, MS?
The concentration, measured by the Location Quotient, is 0.97, indicating that the proportion of Accountants and Auditors in Jackson's workforce is very close to the national average.
How does the cost of living in Jackson, MS affect salary perception?
With a Cost of Living Index of 100, Jackson, MS, has a cost of living that matches the national average. This means the $77,440 salary has the same purchasing power as the national average salary.
What is the total number of Accountants and Auditors in Jackson, MS?
There are approximately 2,450 Accountants and Auditors employed in the Jackson, MS area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,450 employees in the Jackson, MS area with a job density of 9.118 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, MS