Average Accountants and Auditors Salary in Louisville/Jefferson County, KY-IN
Accountants and Auditors in Louisville/Jefferson County, KY-IN earn an average annual salary of $81,950. This figure falls below the national average of $94,430, reflecting a localized compensation structure influenced by regional economic factors and the specific demand within the area's financial sector. While lower than the national benchmark, this salary is set within a context of local economic conditions.
Executive Summary
- Average Salary: $81,950 per year.
- Growth Trend: Salaries have shifted 8.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $121,160.
- Outlook: The Louisville/Jefferson County area supports a robust workforce of 4,970 Accountants and Auditors. With a Location Quotient of 0.77, the concentration of these professionals is slightly below the national average, suggesting a stable but not overly saturated market. The presence of nearly 7.24 professionals per 1,000 workers indicates a consistent demand for accounting and auditing services within the region.
Salary Overview
The average Accountants and Auditors in Louisville/Jefferson County, KY-IN earns-13.2%below the national average.
$39.4
$1,576
$6,829
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 Louisville/Jefferson County have experienced gradual growth over the past four years, mirroring national trends. Economic expansion, evolving regulatory landscapes, and increasing demand for specialized financial expertise typically drive upward salary adjustments in this profession.
Accountants and Auditors Salary Distribution in Louisville/Jefferson County, KY-IN
Career progression for Accountants and Auditors in Louisville/Jefferson County is typically marked by significant salary increases with experience. Entry-level positions may start at a lower percentile of the salary range, while seasoned professionals with specialized skills and leadership responsibilities can command salaries in the higher percentiles, reflecting a clear career trajectory and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,900 | $25 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $61,463 | $29.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $77,740 | $37.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $102,438 | $49.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $121,160 | $58.3 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$81,950
Gross Pay
Real Wage (Purchasing Power)
$81,950
Adjusted for COL (100)
The average annual salary of $81,950 in Louisville/Jefferson County, KY-IN aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Accountant's salary in this region is equivalent to the national average, making it a financially stable environment for professionals, despite the nominal salary being lower than the national average.
Job Market Context
4,970
Total Jobs
7.241
Per 1K Jobs
0.77
Location Quotient
Louisville/Jefferson County, KY-IN 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.
A Location Quotient of 0.77 indicates that Accountants and Auditors are slightly less concentrated in Louisville/Jefferson County compared to the national average. This suggests a market that is neither oversaturated nor experiencing a significant shortage, presenting a balanced environment for job seekers and employers alike. The demand appears steady, with opportunities available for qualified professionals.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Elizabethtown, KY Accountants and Auditors Salary | $75,480↓ 8% | 39 mi |
| Columbus, IN Accountants and Auditors Salary | $83,910↑ 2% | 67 mi |
| Central Kentucky nonmetropolitan area Accountants and Auditors Salary | $71,100↓ 13% | 72 mi |
| South Central Kentucky nonmetropolitan area Accountants and Auditors Salary | $69,510↓ 15% | 72 mi |
| West Kentucky nonmetropolitan area Accountants and Auditors Salary | $68,330↓ 17% | 72 mi |
Comparing salaries near Louisville/Jefferson County, KY-IN
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Louisville/Jefferson County, KY-IN?
The median annual salary for a Accountants and Auditors in Louisville/Jefferson County, KY-IN is $81,950. This typically ranges from $51,900 for entry-level positions to $121,160 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Louisville/Jefferson County, KY-IN is 13.2% lower than the national median of $94,430.
Is Louisville/Jefferson County, KY-IN a lucrative place for Accountants and Auditors?
No, not exceptionally lucrative compared to the national average.While the average salary of $81,950 is respectable and aligns with the national cost of living, it is notably lower than the national average salary of $94,430 for Accountants and Auditors.
Is Louisville/Jefferson County, KY-IN a good place to live for Accountants and Auditors?
The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Louisville/Jefferson County, KY-IN?
Some top paying nearby cities include Elizabethtown, KY ($75,480) and Columbus, IN.
How does the Louisville Accountant salary compare to the national average?
The average annual salary for Accountants and Auditors in Louisville/Jefferson County, KY-IN is $81,950, which is approximately $12,480 less than the national average of $94,430.
What is the concentration of Accountants and Auditors in Louisville/Jefferson County?
The concentration, measured by the Location Quotient, is 0.77, indicating that the proportion of Accountants and Auditors in the local workforce is slightly lower than the national average.
Does the Cost of Living affect the Louisville Accountant salary?
The Cost of Living Index in Louisville/Jefferson County is 100, which is the national average. This means the $81,950 salary offers purchasing power equivalent to the national average, offsetting the lower nominal wage.
How many Accountants and Auditors work in Louisville/Jefferson County?
There are approximately 4,970 Accountants and Auditors employed in the Louisville/Jefferson County, KY-IN area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,970 employees in the Louisville/Jefferson County, KY-IN area with a job density of 7.241 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 Louisville/Jefferson County, KY-IN
- All Occupations Salary in Louisville/Jefferson County, KY-IN
- Transportation and Material Moving Occupations Salary in Louisville/Jefferson County, KY-IN
- Office and Administrative Support Occupations Salary in Louisville/Jefferson County, KY-IN
- Production Occupations Salary in Louisville/Jefferson County, KY-IN
- Food Preparation and Serving Related Occupations Salary in Louisville/Jefferson County, KY-IN
- Sales and Related Occupations Salary in Louisville/Jefferson County, KY-IN
- Healthcare Practitioners and Technical Occupations Salary in Louisville/Jefferson County, KY-IN
- Management Occupations Salary in Louisville/Jefferson County, KY-IN
- Business and Financial Operations Occupations Salary in Louisville/Jefferson County, KY-IN
- Installation, Maintenance, and Repair Occupations Salary in Louisville/Jefferson County, KY-IN
- Browse All Jobs in Louisville/Jefferson County, KY-IN →
Semantic Salary Analysis for Accountants and Auditors • Data source: BLS OEWS 2024 •Jobs in Louisville/Jefferson County, KY-IN