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Average Accountants and Auditors Salary in Manchester-Nashua, NH

Accountants and Auditors in the Manchester-Nashua, NH area earn an average annual salary of $89,100, which is slightly below the national average of $94,430. This localized pay rate is influenced by a combination of regional economic factors and the specific demand within the local market for these essential financial professionals. The concentration of the workforce and cost of living also play a role in shaping compensation.

Executive Summary

  • Average Salary: $89,100 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $126,520.
  • Outlook: The Manchester-Nashua, NH area supports a robust job market for Accountants and Auditors, with a total local workforce of 2,460 professionals. The location quotient of 1.3 indicates a higher concentration of these roles compared to the national average, suggesting a strong and potentially growing demand for accounting services within the region. This elevated presence points to a healthy and active employment landscape for those in the field.
2024 Market Data

Salary Overview

$89,100

The average Accountants and Auditors in Manchester-Nashua, NH earns-5.6%below the national average.

BreakdownBased on 40h/week
Hourly

$42.8

Weekly

$1,713

Monthly

$7,425

Accountants and Auditors Salary Distribution in Manchester-Nashua, NH

Salary progression for Accountants and Auditors in Manchester-Nashua, NH, typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and extensive experience can command salaries in the higher percentiles. The widening gap between entry-level and senior-level salaries signifies clear career advancement opportunities and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$60,770$29.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$66,825$32.1
ManagerOversees team, compliance, and project delivery.50% (Median)$81,890$39.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$111,375$53.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$126,520$60.8

Detailed Accountants and Auditors Market Analysis

Relocation Context

Nominal Salary

$89,100

Gross Pay

Real Wage (Purchasing Power)

$89,100

Adjusted for COL (100)

The nominal average salary of $89,100 in Manchester-Nashua, NH, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an Accountant's salary in this region is equivalent to the national standard, offering a stable financial footing without the premium often associated with higher cost-of-living areas.

Job Market Context

2,460

Total Jobs

12.173

Per 1K Jobs

1.3

Location Quotient

Above Average

With a location quotient of 1.30, Manchester-Nashua, NH has a slightly higher-than-average concentration of Accountants and Auditors roles compared to the national norm.

With a Location Quotient of 1.3, Manchester-Nashua, NH, demonstrates a notable concentration of Accountants and Auditors relative to the national average. This suggests that the job market is more specialized and potentially more competitive than in other regions, with employers actively seeking out accounting talent. The higher concentration indicates a strong local industry presence that values these financial expertise.

Nearby Job Markets

Hiring Accountants and Auditorss?

Frequently Asked Questions

How much does a Accountants and Auditors make in Manchester-Nashua, NH?

The median annual salary for a Accountants and Auditors in Manchester-Nashua, NH is $89,100. This typically ranges from $60,770 for entry-level positions to $126,520 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Manchester-Nashua, NH is 5.6% lower than the national median of $94,430.

Is Manchester-Nashua, NH a lucrative place for Accountants and Auditors?

Yes, it offers competitive compensation relative to its cost of living.While the average salary is slightly below the national average, the cost of living is also at the national average, making the purchasing power equivalent. The strong concentration of accounting roles (LQ 1.3) indicates robust local demand.

Is Manchester-Nashua, NH a good place to live for Accountants and Auditors?

The Cost of Living Index in Manchester-Nashua, NH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Manchester-Nashua, NH?

Some top paying nearby cities include Central New Hampshire nonmetropolitan area ($85,360) and Northern New Hampshire nonmetropolitan area.

How does the Manchester-Nashua, NH salary compare to the national average?

The average salary for Accountants and Auditors in Manchester-Nashua, NH, is $89,100, which is approximately $5,330 less than the national average of $94,430.

What is the concentration of Accountants and Auditors in Manchester-Nashua, NH?

The concentration, measured by the Location Quotient, is 1.3, indicating that there are 30% more Accountants and Auditors employed in Manchester-Nashua, NH, than the national average.

How does the Cost of Living in Manchester-Nashua, NH, affect salary value?

The Cost of Living Index is 100, meaning it is exactly at the national average. Therefore, the $89,100 salary in Manchester-Nashua, NH, has the same purchasing power as the national average salary.

What is the total number of Accountants and Auditors in Manchester-Nashua, NH?

There are approximately 2,460 Accountants and Auditors working in the Manchester-Nashua, NH, 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 2,460 employees in the Manchester-Nashua, NH area with a job density of 12.173 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.