Average Accountants and Auditors Salary in Lower East Mississippi nonmetropolitan area
Accountants and Auditors in the Lower East Mississippi nonmetropolitan area earn an average annual salary of $70,980. This figure is notably below the national average of $94,430, reflecting the economic dynamics and demand specific to this region. Factors such as industry concentration and the overall economic output of nonmetropolitan areas often influence compensation levels compared to larger urban centers.
Executive Summary
- Average Salary: $70,980 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $115,070.
- Outlook: The job market for Accountants and Auditors in Lower East Mississippi is characterized by a local workforce of 590 professionals. With a Location Quotient of 0.51, the concentration of these roles is less than half the national average, suggesting a moderate demand relative to the broader U.S. labor market. While not a hub of concentrated activity, the presence of nearly 5 professionals per 1,000 workers indicates a stable, albeit niche, employment landscape.
Salary Overview
The average Accountants and Auditors in Lower East Mississippi nonmetropolitan area earns-24.8%below the national average.
$34.1
$1,365
$5,915
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 nonmetropolitan areas like Lower East Mississippi have experienced gradual growth over the past four years, mirroring national trends of increasing compensation for skilled professionals. This growth is typically driven by inflation, evolving industry demands, and the need to attract and retain qualified talent in a competitive labor market.
Accountants and Auditors Salary Distribution in Lower East Mississippi nonmetropolitan area
Salary progression for Accountants and Auditors typically scales significantly with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with specialized skills and extensive experience can command salaries well above the average. The gap between the 25th percentile (entry-level) and the 75th percentile (experienced) often signifies substantial career growth opportunities and earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,390 | $19.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $53,235 | $25.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $61,370 | $29.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $88,725 | $42.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $115,070 | $55.3 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$70,980
Gross Pay
Real Wage (Purchasing Power)
$70,980
Adjusted for COL (100)
The nominal average salary of $70,980 in Lower East Mississippi aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Accountant's or Auditor's salary in this region is equivalent to the national average. While the salary is lower than the national average, the cost of living being at par suggests that the real value of the income is maintained, offering a comparable lifestyle to the national standard.
Job Market Context
590
Total Jobs
4.795
Per 1K Jobs
0.51
Location Quotient
Lower East Mississippi nonmetropolitan area has 0.51x 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 0.51 indicates that Accountants and Auditors are less concentrated in the Lower East Mississippi nonmetropolitan area compared to the national average. This suggests that the job market may be less saturated, potentially offering a more direct path to employment for qualified individuals. However, it also implies that the overall number of available positions might be lower than in more concentrated metropolitan areas.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Jackson, MS Accountants and Auditors Salary | $77,440↑ 9% | 43 mi |
Comparing salaries near Lower East Mississippi nonmetropolitan area
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Lower East Mississippi nonmetropolitan area?
The median annual salary for a Accountants and Auditors in Lower East Mississippi nonmetropolitan area is $70,980. This typically ranges from $40,390 for entry-level positions to $115,070 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lower East Mississippi nonmetropolitan area is 24.8% lower than the national median of $94,430.
Is Lower East Mississippi nonmetropolitan area a lucrative place for Accountants and Auditorss?
No, it is not considered a lucrative place compared to national averages.The average salary of $70,980 is significantly lower than the national average of $94,430. While the cost of living is at the national average, the lower nominal pay reduces the overall financial attractiveness for the profession.
Is Lower East Mississippi nonmetropolitan area a good place to live for Accountants and Auditors?
The Cost of Living Index in Lower East Mississippi nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lower East Mississippi nonmetropolitan area?
Some top paying nearby cities include Jackson, MS ($77,440) and others.
How does the Lower East Mississippi salary compare to the national average?
The average salary for Accountants and Auditors in Lower East Mississippi is $70,980, which is considerably lower than the national average of $94,430.
What is the Cost of Living in Lower East Mississippi?
The Cost of Living Index in Lower East Mississippi is 100, which is exactly the national average, meaning expenses are neither higher nor lower than the typical U.S. location.
How concentrated are Accountant and Auditor jobs in this region?
The concentration of Accountants and Auditors is below the national average, with a Location Quotient of 0.51, indicating fewer professionals in this field relative to the national proportion.
What is the total number of Accountants and Auditors in Lower East Mississippi?
There are approximately 590 Accountants and Auditors employed in the Lower East Mississippi nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 590 employees in the Lower East Mississippi nonmetropolitan area area with a job density of 4.795 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 Lower East Mississippi nonmetropolitan area