Average Accountants and Auditors Salary in Kingston, NY
Accountants and Auditors in Kingston, NY, earn an average annual salary of $89,230. This figure is slightly below the national average of $94,430, reflecting the specific economic dynamics and demand within the Kingston area. Local market conditions, including the concentration of businesses and the overall economic landscape, play a significant role in shaping compensation for these vital financial professionals.
Executive Summary
- Average Salary: $89,230 per year.
- Growth Trend: Salaries have shifted 12.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $134,410.
- Outlook: The Kingston, NY, market for Accountants and Auditors is supported by a local workforce of 390 professionals. With a Location Quotient of 0.72, the concentration of these roles is slightly below the national average, suggesting a stable but not overly saturated job market. The rate of 6.757 jobs per 1,000 workers indicates a consistent presence and ongoing need for accounting and auditing expertise within the region.
Salary Overview
The average Accountants and Auditors in Kingston, NY earns-5.5%below the national average.
$42.9
$1,716
$7,436
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data is not provided, it is generally observed that salaries for Accountants and Auditors across the nation, including in markets like Kingston, NY, have experienced steady growth over the past four years. This upward trend is driven by increasing regulatory complexity, the growing importance of financial data analysis, and a persistent demand for skilled professionals in the field.
Accountants and Auditors Salary Distribution in Kingston, NY
Salary progression for Accountants and Auditors in Kingston, NY, typically scales with experience. Entry-level positions may start at a lower percentile, while senior roles and specialized positions command higher salaries, reflecting increased responsibility and expertise. The widening gap between entry-level and senior-level salaries signifies clear career advancement opportunities and the value placed on seasoned professionals within the local accounting sector.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $53,450 | $25.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $66,923 | $32.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $79,260 | $38.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $111,538 | $53.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $134,410 | $64.6 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$89,230
Gross Pay
Real Wage (Purchasing Power)
$89,230
Adjusted for COL (100)
The average annual salary of $89,230 in Kingston, NY, aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of an Accountant or Auditor's salary in Kingston is comparable to the national standard, offering a balanced lifestyle without significant financial strain related to living expenses.
Job Market Context
390
Total Jobs
6.757
Per 1K Jobs
0.72
Location Quotient
Kingston, NY has 0.72x 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 0.72, Kingston, NY, has a slightly lower concentration of Accountants and Auditors compared to the national average. This suggests that while the profession is present and necessary, the job market may be less competitive than in areas with a higher concentration. Professionals may find a good balance of opportunities and a manageable level of competition for roles.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Kiryas Joel-Poughkeepsie-Newburgh, NY Accountants and Auditors Salary | $97,130↑ 9% | 42 mi |
| Southwest New York nonmetropolitan area Accountants and Auditors Salary | $89,680↑ 1% | 51 mi |
| Central East New York nonmetropolitan area Accountants and Auditors Salary | $87,370↓ 2% | 51 mi |
| Capital/Northern New York nonmetropolitan area Accountants and Auditors Salary | $83,730↓ 6% | 51 mi |
| Albany-Schenectady-Troy, NY Accountants and Auditors Salary | $94,180↑ 6% | 52 mi |
Comparing salaries near Kingston, NY
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Kingston, NY?
The median annual salary for a Accountants and Auditors in Kingston, NY is $89,230. This typically ranges from $53,450 for entry-level positions to $134,410 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kingston, NY is 5.5% lower than the national median of $94,430.
Is Kingston, NY a lucrative place for Accountants and Auditors?
Moderately lucrative, with excellent cost of living alignment.While the average salary of $89,230 is slightly below the national average, the cost of living in Kingston, NY, is also at the national average, making the salary's purchasing power comparable. The stable job market indicates consistent demand for these professionals.
Is Kingston, NY a good place to live for Accountants and Auditors?
The Cost of Living Index in Kingston, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kingston, NY?
Some top paying nearby cities include Kiryas Joel-Poughkeepsie-Newburgh, NY ($97,130) and Southwest New York nonmetropolitan area.
How does the Kingston, NY salary compare to the national average?
The average annual salary for Accountants and Auditors in Kingston, NY, is $89,230, which is approximately 5.5% lower than the national average of $94,430.
What is the cost of living in Kingston, NY for Accountants and Auditors?
The cost of living in Kingston, NY, is exactly at the national average, with an index of 100. This means that the $89,230 salary offers purchasing power equivalent to the national average.
How concentrated is the market for Accountants and Auditors in Kingston, NY?
The market concentration, measured by the Location Quotient, is 0.72, indicating that there are fewer Accountants and Auditors per worker in Kingston compared to the national average.
What is the total number of Accountants and Auditors in Kingston, NY?
There are approximately 390 Accountants and Auditors employed in the Kingston, NY area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 390 employees in the Kingston, NY area with a job density of 6.757 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Accountants and Auditors Salaries by State
Top Jobs in Kingston, NY
- All Occupations Salary in Kingston, NY
- Office and Administrative Support Occupations Salary in Kingston, NY
- Food Preparation and Serving Related Occupations Salary in Kingston, NY
- Educational Instruction and Library Occupations Salary in Kingston, NY
- Sales and Related Occupations Salary in Kingston, NY
- Transportation and Material Moving Occupations Salary in Kingston, NY
- Healthcare Practitioners and Technical Occupations Salary in Kingston, NY
- Management Occupations Salary in Kingston, NY
- Installation, Maintenance, and Repair Occupations Salary in Kingston, NY
- Healthcare Support Occupations Salary in Kingston, NY
- Browse All Jobs in Kingston, NY →
Semantic Salary Analysis for Accountants and Auditors • Data source: BLS OEWS 2024 •Jobs in Kingston, NY