Average Accountants and Auditors Salary in Massachusetts nonmetropolitan area
Accountants and Auditors in Massachusetts' nonmetropolitan areas earn an average annual salary of $94,730, a figure that slightly surpasses the national average of $94,430. This competitive compensation reflects the specialized skills required for financial roles and the specific economic landscape of these regions within the state. While not a major metropolitan hub, the demand for skilled financial professionals in these areas supports this robust pay scale.
Executive Summary
- Average Salary: $94,730 per year.
- Growth Trend: Salaries have shifted 33.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $131,780.
- Outlook: With a local workforce of 310 Accountants and Auditors and a Location Quotient of 0.82, the job market in Massachusetts' nonmetropolitan areas indicates a stable, albeit slightly less concentrated, presence of these professionals compared to national averages. The presence of 7.683 jobs per 1,000 workers suggests a consistent demand for accounting and auditing services, pointing towards a healthy and reliable job market for those in the field.
Salary Overview
The average Accountants and Auditors in Massachusetts nonmetropolitan area earns+0.3%above the national average.
$45.5
$1,822
$7,894
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the salaries for Accountants and Auditors in Massachusetts' nonmetropolitan areas have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increasing demand for financial expertise, and the evolving regulatory landscape likely contribute to a positive salary trajectory for these professionals.
Accountants and Auditors Salary Distribution in Massachusetts nonmetropolitan area
Salary progression for Accountants and Auditors in Massachusetts' nonmetropolitan areas typically scales significantly with experience. Entry-level positions may start at a lower percentile, but as professionals gain experience and specialize, they can advance to senior roles commanding higher salaries. The widening gap between entry-level and senior-level salaries, often seen across different pay percentiles, clearly signifies opportunities for career growth and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $63,530 | $30.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $71,048 | $34.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $86,490 | $41.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $118,413 | $56.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $131,780 | $63.4 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$94,730
Gross Pay
Real Wage (Purchasing Power)
$94,730
Adjusted for COL (100)
The average annual salary of $94,730 in Massachusetts' nonmetropolitan areas aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of an Accountant and Auditor's salary in these regions is equivalent to the national average. Therefore, relocating to these areas does not present a significant financial advantage or disadvantage in terms of cost of living relative to income.
Job Market Context
310
Total Jobs
7.683
Per 1K Jobs
0.82
Location Quotient
Massachusetts nonmetropolitan area has 0.82x 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 0.82 suggests that Accountants and Auditors are slightly less concentrated in Massachusetts' nonmetropolitan areas compared to the national average. This indicates that while the profession is present and valued, the market is not oversaturated, potentially offering good opportunities for skilled professionals. It implies a balanced demand and supply dynamic, where specialized talent can find a solid footing.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Worcester, MA Accountants and Auditors Salary | $95,370↑ 1% | 14 mi |
| Boston-Cambridge-Newton, MA-NH Accountants and Auditors Salary | $103,570↑ 9% | 24 mi |
| Providence-Warwick, RI-MA Accountants and Auditors Salary | $96,450↑ 2% | 29 mi |
| Amherst Town-Northampton, MA Accountants and Auditors Salary | $88,830↓ 6% | 52 mi |
| Springfield, MA Accountants and Auditors Salary | $91,630↓ 3% | 52 mi |
Comparing salaries near Massachusetts nonmetropolitan area
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Massachusetts nonmetropolitan area?
The median annual salary for a Accountants and Auditors in Massachusetts nonmetropolitan area is $94,730. This typically ranges from $63,530 for entry-level positions to $131,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Massachusetts nonmetropolitan area is 0.3% higher than the national median of $94,430.
Is Massachusetts nonmetropolitan area a lucrative place for Accountants and Auditorss?
Yes, it offers competitive compensation.Accountants and Auditors earn slightly above the national average salary in these areas. The stable job market and cost of living parity further support its lucrativeness.
Is Massachusetts nonmetropolitan area a good place to live for Accountants and Auditors?
The Cost of Living Index in Massachusetts nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Massachusetts nonmetropolitan area?
Some top paying nearby cities include Worcester, MA ($95,370) and Boston-Cambridge-Newton, MA-NH.
How does the salary compare to major cities in Massachusetts?
While the nonmetropolitan average is $94,730, salaries in major Massachusetts cities like Boston are typically higher due to increased demand and higher cost of living, though specific data for those areas would be needed for a precise comparison.
What is the job outlook for Accountants and Auditors in this region?
The outlook appears stable, with a consistent number of jobs per 1,000 workers and a Location Quotient indicating a steady presence of professionals, suggesting ongoing demand for their services.
Does experience significantly impact an Accountant's salary in MA nonmetropolitan areas?
Yes, experience is a key driver of salary growth, with significant increases expected as professionals move from entry-level to senior or specialized roles, reflected in percentile salary gaps.
Is the cost of living a major factor when considering a job in MA's nonmetropolitan areas?
No, the cost of living index is at the national average (100), meaning the $94,730 salary offers purchasing power equivalent to the national average, making it neither a significant advantage nor disadvantage.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 310 employees in the Massachusetts nonmetropolitan area area with a job density of 7.683 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 Massachusetts nonmetropolitan area