Average Accountants and Auditors Salary in Killeen-Temple, TX
Accountants and Auditors in Killeen-Temple, TX, can expect an average annual salary of $79,240. This figure is notably below the national average of $94,430, reflecting the specific economic landscape and demand within the Killeen-Temple metropolitan area. Local market dynamics, including the concentration of businesses and the overall cost of living, play a significant role in shaping compensation for these vital financial professionals.
Executive Summary
- Average Salary: $79,240 per year.
- Growth Trend: Salaries have shifted 14.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $122,910.
- Outlook: The Killeen-Temple area supports a local workforce of 640 Accountants and Auditors. With a Location Quotient of 0.46, the concentration of these roles is below the national average, suggesting a less saturated market compared to national trends. While the absolute number of professionals is moderate, the lower concentration indicates potential opportunities for skilled individuals, though perhaps not at the same scale as more densely populated regions.
Salary Overview
The average Accountants and Auditors in Killeen-Temple, TX earns-16.1%below the national average.
$38.1
$1,524
$6,603
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Killeen-Temple is not provided, it is generally assumed that the demand for Accountants and Auditors has seen steady growth over the past four years, mirroring national trends. This growth is typically driven by the increasing complexity of financial regulations and the ongoing need for businesses to maintain accurate financial records, which often translates to modest salary increases year over year.
Accountants and Auditors Salary Distribution in Killeen-Temple, TX
Career progression for Accountants and Auditors in Killeen-Temple, TX, typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior accountants and auditing managers, with specialized skills and extensive experience, can command salaries substantially higher than the average. The percentile gaps in salary clearly signify the career trajectory and earning potential as professionals advance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,850 | $21.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $59,430 | $28.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $72,610 | $34.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $99,050 | $47.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $122,910 | $59.1 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$79,240
Gross Pay
Real Wage (Purchasing Power)
$79,240
Adjusted for COL (100)
The average annual salary of $79,240 for Accountants and Auditors in Killeen-Temple, TX, aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary earned in Killeen-Temple offers purchasing power equivalent to the national average. Therefore, the $79,240 salary provides a standard of living comparable to the national benchmark, without the added financial strain of a higher cost of living.
Job Market Context
640
Total Jobs
4.329
Per 1K Jobs
0.46
Location Quotient
At 0.46x, Killeen-Temple, TX has a notably lower concentration of Accountants and Auditors jobs than the national average. Opportunities in this area are relatively scarce for this profession.
With a Location Quotient of 0.46, the Killeen-Temple, TX, market for Accountants and Auditors is less concentrated than the national average. This suggests that while the profession is present, it is not a primary hub for this specialization. The lower quotient indicates a potentially less competitive environment for job seekers compared to areas with higher concentrations, possibly offering more direct opportunities for those entering or established in the field.
Nearby Job Markets
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Comparing salaries near Killeen-Temple, TX
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Frequently Asked Questions
How much does a Accountants and Auditors make in Killeen-Temple, TX?
The median annual salary for a Accountants and Auditors in Killeen-Temple, TX is $79,240. This typically ranges from $44,850 for entry-level positions to $122,910 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Killeen-Temple, TX is 16.1% lower than the national median of $94,430.
Is Killeen-Temple, TX a lucrative place for Accountants and Auditors?
No, not compared to the national average.The average salary of $79,240 is significantly lower than the national average of $94,430. However, the cost of living is also at the national average, meaning the purchasing power is equivalent.
Is Killeen-Temple, TX a good place to live for Accountants and Auditors?
The Cost of Living Index in Killeen-Temple, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Killeen-Temple, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($81,080) and Northwestern Region of Texas nonmetropolitan area.
How does the Killeen-Temple Accountant salary compare to the national average?
The average annual salary for Accountants and Auditors in Killeen-Temple, TX, is $79,240, which is below the national average of $94,430.
What is the concentration of Accountants and Auditors in Killeen-Temple, TX?
The concentration, measured by the Location Quotient, is 0.46, indicating that the proportion of Accountants and Auditors in Killeen-Temple is less than half of the national average.
Does the cost of living affect the value of an Accountant's salary in Killeen-Temple?
No, the cost of living in Killeen-Temple is at the national average (100), meaning the $79,240 salary has the same purchasing power as the national average salary.
How many Accountants and Auditors are there in Killeen-Temple, TX?
There are approximately 640 Accountants and Auditors working in the Killeen-Temple, TX metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 640 employees in the Killeen-Temple, TX area with a job density of 4.329 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 Killeen-Temple, TX