Average Accountants and Auditors Salary in Jonesboro, AR
Accountants and Auditors in Jonesboro, AR, earn an average annual salary of $69,990. This figure is notably lower than the national average of $94,430, reflecting regional economic factors and the specific demand within the local market. While the nominal salary may seem lower, understanding the local economic landscape is crucial for a complete picture.
Executive Summary
- Average Salary: $69,990 per year.
- Growth Trend: Salaries have shifted 10.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $105,040.
- Outlook: The job market for Accountants and Auditors in Jonesboro, AR, shows a moderate presence, with a total local workforce of 300 individuals in this profession. The Location Quotient of 0.53 indicates that this role is less concentrated in Jonesboro compared to the national average, suggesting a stable but not exceptionally high demand. With 5.005 jobs per 1,000 workers, the market offers consistent opportunities for skilled professionals.
Salary Overview
The average Accountants and Auditors in Jonesboro, AR earns-25.9%below the national average.
$33.7
$1,346
$5,833
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Jonesboro is not provided, it's generally observed that salaries for Accountants and Auditors across the nation have seen steady growth over the past four years, driven by increasing regulatory complexity and the need for financial expertise. This trend is likely mirrored to some extent in Jonesboro, with incremental salary increases reflecting both inflation and evolving market demands for accounting services.
Accountants and Auditors Salary Distribution in Jonesboro, AR
Career progression for Accountants and Auditors in Jonesboro, AR, typically involves a significant salary increase with experience. Entry-level positions might start in the lower percentiles, while senior roles and specialized positions can command salaries well above the average. The gap between starting and senior salaries signifies substantial earning potential and career advancement opportunities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,400 | $19.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $52,493 | $25.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,050 | $30.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $87,488 | $42.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $105,040 | $50.5 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$69,990
Gross Pay
Real Wage (Purchasing Power)
$69,990
Adjusted for COL (100)
The average annual salary of $69,990 in Jonesboro, AR, 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 Jonesboro is equivalent to the national average. While the nominal salary is lower than the national average, the cost of living parity suggests that the take-home pay effectively covers expenses at a comparable level to other areas.
Job Market Context
300
Total Jobs
5.005
Per 1K Jobs
0.53
Location Quotient
Jonesboro, AR has 0.53x 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 0.53, the market for Accountants and Auditors in Jonesboro, AR, is less concentrated than the national average. This suggests that while the profession is present and necessary, it is not a dominant industry hub. Professionals may find fewer competing candidates for roles, but also potentially fewer specialized opportunities compared to larger metropolitan areas with higher concentrations of financial services.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Memphis, TN-MS-AR Accountants and Auditors Salary | $81,700↑ 17% | 64 mi |
Comparing salaries near Jonesboro, AR
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Jonesboro, AR?
The median annual salary for a Accountants and Auditors in Jonesboro, AR is $69,990. This typically ranges from $40,400 for entry-level positions to $105,040 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Jonesboro, AR is 25.9% lower than the national median of $94,430.
Is Jonesboro, AR a lucrative place for Accountants and Auditors?
No, not in terms of nominal salary compared to the national average.While the average salary of $69,990 is lower than the national average of $94,430, the cost of living in Jonesboro is also at the national average. This means your earnings have equivalent purchasing power locally, but the absolute salary is less.
Is Jonesboro, AR a good place to live for Accountants and Auditors?
The Cost of Living Index in Jonesboro, AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Jonesboro, AR?
Some top paying nearby cities include Memphis, TN-MS-AR ($81,700) and others.
How does the number of local accountants compare to the national average?
The Location Quotient of 0.53 indicates that Accountants and Auditors are less concentrated in Jonesboro, AR, than the national average, suggesting a smaller proportion of the workforce is in this field locally.
What is the job availability like for Accountants and Auditors in Jonesboro, AR?
There are approximately 5.005 jobs per 1,000 workers in this field in Jonesboro, indicating a steady but not exceptionally high level of demand for accounting professionals.
Does experience significantly impact an Accountant's salary in Jonesboro, AR?
Yes, experience plays a crucial role, with entry-level positions offering lower salaries and senior or specialized roles commanding significantly higher compensation, reflecting career progression.
How does the cost of living in Jonesboro, AR affect salary perception?
Since the Cost of Living Index is 100 (national average), the $69,990 salary in Jonesboro has the same purchasing power as the national average salary would in a typical US city, making the nominal difference less impactful on daily life.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Jonesboro, AR area with a job density of 5.005 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 Jonesboro, AR