Average Accountants and Auditors Salary in Lawrence, KS
Accountants and Auditors in Lawrence, KS, earn an average annual salary of $77,990. This figure is notably below the national average of $94,430, suggesting that local market dynamics, such as industry demand and the cost of doing business, play a significant role in compensation levels within this specific Kansas locale.
Executive Summary
- Average Salary: $77,990 per year.
- Growth Trend: Salaries have shifted 25.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $116,040.
- Outlook: The job market for Accountants and Auditors in Lawrence, KS, appears stable, with a local workforce of 370 professionals. The Location Quotient of 0.77 indicates a slightly lower concentration of these roles compared to the national average, suggesting a moderate but not oversaturated demand for accounting expertise within the city.
Salary Overview
The average Accountants and Auditors in Lawrence, KS earns-17.4%below the national average.
$37.5
$1,500
$6,499
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Accountants and Auditors in Lawrence, KS, have experienced growth over the past four years, mirroring national trends of increasing demand for financial expertise and adjustments for inflation and cost of living.
Accountants and Auditors Salary Distribution in Lawrence, KS
Career progression for Accountants and Auditors in Lawrence, KS, typically involves a significant salary increase from entry-level to senior positions. The difference in earnings between junior and highly experienced professionals reflects the accumulation of specialized skills, responsibilities, and demonstrated value to employers, with percentile gaps highlighting clear career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,450 | $24.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,493 | $28.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,520 | $36.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $97,488 | $46.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $116,040 | $55.8 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$77,990
Gross Pay
Real Wage (Purchasing Power)
$77,990
Adjusted for COL (100)
The average annual salary of $77,990 in Lawrence, KS, aligns perfectly with the national average cost of living index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of an Accountant or Auditor in Lawrence is equivalent to that of their national counterparts, making it a financially neutral relocation from a cost-of-living perspective.
Job Market Context
370
Total Jobs
7.24
Per 1K Jobs
0.77
Location Quotient
Lawrence, KS has 0.77x 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 0.77, Lawrence, KS, has a slightly lower concentration of Accountants and Auditors than the national average. This suggests that while the profession is present and necessary, the market is not as saturated as in some larger metropolitan areas, potentially offering a good balance of opportunity and competition for skilled professionals.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Topeka, KS Accountants and Auditors Salary | $78,470↑ 1% | 24 mi |
| Kansas City, MO-KS Accountants and Auditors Salary | $86,120↑ 10% | 38 mi |
| St. Joseph, MO-KS Accountants and Auditors Salary | $72,240↓ 7% | 60 mi |
| Manhattan, KS Accountants and Auditors Salary | $73,530↓ 6% | 74 mi |
| Kansas nonmetropolitan area Accountants and Auditors Salary | $75,800↓ 3% | 84 mi |
Comparing salaries near Lawrence, KS
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Lawrence, KS?
The median annual salary for a Accountants and Auditors in Lawrence, KS is $77,990. This typically ranges from $51,450 for entry-level positions to $116,040 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lawrence, KS is 17.4% lower than the national median of $94,430.
Is Lawrence, KS a lucrative place for Accountants and Auditors?
No, not exceptionally lucrative compared to the national average.The average salary of $77,990 is below the national average, although the cost of living is also at the national average, meaning purchasing power is comparable.
Is Lawrence, KS a good place to live for Accountants and Auditors?
The Cost of Living Index in Lawrence, KS is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lawrence, KS?
Some top paying nearby cities include Topeka, KS ($78,470) and Kansas City, MO-KS.
How does the Lawrence, KS Accountant salary compare to the national average?
The average salary for Accountants and Auditors in Lawrence, KS, is $77,990, which is less than the national average of $94,430.
What is the concentration of Accountants and Auditors in Lawrence, KS?
The concentration, measured by the Location Quotient, is 0.77, indicating a slightly lower presence of these professionals compared to the national average.
How does the cost of living in Lawrence, KS affect salary perception?
With a Cost of Living Index of 100, the local cost of living matches the national average, meaning the $77,990 salary has equivalent purchasing power to the national average salary.
What does the number of jobs per 1,000 workers signify for Accountants and Auditors in Lawrence, KS?
The figure of 7.24 jobs per 1,000 workers suggests a steady demand for accounting and auditing services within the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 370 employees in the Lawrence, KS area with a job density of 7.24 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 Lawrence, KS