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Average Accountants and Auditors Salary in Jackson, TN

In Jackson, TN, Accountants and Auditors earn an average annual salary of $72,950. This figure is notably below the national average of $94,430, reflecting the specific economic dynamics and demand within this Tennessee locale. Localized market conditions, including industry concentration and regional economic factors, often influence compensation levels compared to broader national trends.

Executive Summary

  • Average Salary: $72,950 per year.
  • Growth Trend: Salaries have shifted 13.1% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $103,820.
  • Outlook: The accounting and auditing sector in Jackson, TN, comprises approximately 490 professionals. With a Location Quotient of 0.61, the concentration of these roles is below the national average, suggesting a less saturated but potentially less robust job market compared to more concentrated areas. The presence of 5.752 jobs per 1,000 workers indicates a steady, albeit not exceptionally high, demand for these financial experts within the local economy.
2024 Market Data

Salary Overview

$72,950

The average Accountants and Auditors in Jackson, TN earns-22.7%below the national average.

BreakdownBased on 40h/week
Hourly

$35.1

Weekly

$1,403

Monthly

$6,079

Accountants and Auditors Salary Distribution in Jackson, TN

Career progression for Accountants and Auditors in Jackson, TN, typically involves salary increases tied to experience and specialization. Entry-level positions will likely fall at the lower end of the pay scale, while senior accountants and auditors with specialized knowledge or management responsibilities can command significantly higher salaries, often reaching the upper percentiles of the local pay range.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$47,900$23
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$54,713$26.3
ManagerOversees team, compliance, and project delivery.50% (Median)$68,610$33
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$91,188$43.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$103,820$49.9

Detailed Accountants and Auditors Market Analysis

Relocation Context

Nominal Salary

$72,950

Gross Pay

Real Wage (Purchasing Power)

$72,950

Adjusted for COL (100)

For professionals considering a move to Jackson, TN, the average salary of $72,950 aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an accountant's salary in Jackson is equivalent to the national average, offering a stable financial environment without the premium often associated with higher cost-of-living areas.

Job Market Context

490

Total Jobs

5.752

Per 1K Jobs

0.61

Location Quotient

Below Average

Jackson, TN 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.

The Location Quotient of 0.61 for Accountants and Auditors in Jackson, TN, indicates that the profession is less concentrated here than the national average. This suggests that while there is a consistent need for these professionals, the market may be less competitive than in major metropolitan hubs, potentially offering more opportunities for skilled individuals to establish themselves.

Nearby Job Markets

Nearby Cities for Accountants and Auditors

CitySalaryDist.
Memphis, TN-MS-AR Accountants and Auditors Salary$81,700↑ 12%74 mi
Florence-Muscle Shoals, AL Accountants and Auditors Salary$71,890↓ 1%87 mi
Paducah, KY-IL Accountants and Auditors Salary$71,030↓ 3%99 mi

Comparing salaries near Jackson, TN

Hiring Accountants and Auditorss?

Frequently Asked Questions

How much does a Accountants and Auditors make in Jackson, TN?

The median annual salary for a Accountants and Auditors in Jackson, TN is $72,950. This typically ranges from $47,900 for entry-level positions to $103,820 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Jackson, TN is 22.7% lower than the national median of $94,430.

Is Jackson, TN a lucrative place for Accountants and Auditors?

No, not compared to the national average.While the cost of living is on par with the national average, the average salary of $72,950 for Accountants and Auditors in Jackson, TN, is significantly lower than the national average of $94,430.

Is Jackson, TN a good place to live for Accountants and Auditors?

The Cost of Living Index in Jackson, TN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Jackson, TN?

Some top paying nearby cities include Memphis, TN-MS-AR ($81,700) and Florence-Muscle Shoals, AL.

What is the average salary for Accountants and Auditors in Jackson, TN?

The average annual salary for Accountants and Auditors in Jackson, TN is $72,950.

How does the Jackson, TN salary compare to the national average?

The average salary in Jackson, TN ($72,950) is lower than the national average salary of $94,430 for Accountants and Auditors.

What is the Cost of Living Index in Jackson, TN?

The Cost of Living Index in Jackson, TN is 100, which is the same as the national average.

How concentrated is the accounting and auditing job market in Jackson, TN?

The job market for Accountants and Auditors in Jackson, TN has a Location Quotient of 0.61, indicating it is less concentrated than the national average.

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, TN area with a job density of 5.752 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Accountants and Auditors • Data source: BLS OEWS 2024 •Jobs in Jackson, TN