Average Accountants and Auditors Salary in Mid Michigan nonmetropolitan area
Accountants and Auditors in the Mid Michigan nonmetropolitan area earn an average annual salary of $76,300. This figure is notably below the national average of $94,430, reflecting regional economic factors and potentially a different demand structure. The lower average pay is often influenced by the cost of doing business and the specific industry mix prevalent in nonmetropolitan regions.
Executive Summary
- Average Salary: $76,300 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $112,450.
- Outlook: With a local workforce of 1,230 Accountants and Auditors, the Mid Michigan nonmetropolitan area presents a stable, albeit not exceptionally concentrated, job market. The Location Quotient of 0.86 suggests a slightly lower concentration of these professionals compared to the national average, indicating a moderate level of demand that aligns with the region's overall economic scale.
Salary Overview
The average Accountants and Auditors in Mid Michigan nonmetropolitan area earns-19.2%below the national average.
$36.7
$1,467
$6,358
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Accountants and Auditors in Mid Michigan have experienced gradual growth over the past four years, mirroring national trends. Economic recovery and evolving business needs typically drive modest increases in compensation for skilled financial professionals.
Accountants and Auditors Salary Distribution in Mid Michigan nonmetropolitan area
Career progression for Accountants and Auditors in Mid Michigan nonmetropolitan areas typically involves a salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior roles, requiring specialized knowledge and extensive experience, command significantly higher compensation, reflecting the value of expertise and leadership.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,070 | $21.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,225 | $27.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $69,490 | $33.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $95,375 | $45.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $112,450 | $54.1 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$76,300
Gross Pay
Real Wage (Purchasing Power)
$76,300
Adjusted for COL (100)
The average annual salary of $76,300 in Mid Michigan nonmetropolitan areas 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 that salary is equivalent to the national average, making the cost of living a neutral factor in assessing the salary's value.
Job Market Context
1,230
Total Jobs
8.097
Per 1K Jobs
0.86
Location Quotient
Mid Michigan nonmetropolitan area has 0.86x 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.
The Location Quotient of 0.86 for Accountants and Auditors in the Mid Michigan nonmetropolitan area indicates that the profession is slightly less concentrated than the national average. This suggests a balanced market where demand exists but is not overwhelmingly high, offering a steady environment for professionals without intense competition.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Midland, MI Accountants and Auditors Salary | $97,350↑ 28% | 26 mi |
| Saginaw, MI Accountants and Auditors Salary | $79,490↑ 4% | 30 mi |
| Bay City, MI Accountants and Auditors Salary | $74,830↓ 2% | 37 mi |
| Lansing-East Lansing, MI Accountants and Auditors Salary | $80,770↑ 6% | 42 mi |
| Flint, MI Accountants and Auditors Salary | $74,970↓ 2% | 47 mi |
Comparing salaries near Mid Michigan nonmetropolitan area
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Frequently Asked Questions
How much does a Accountants and Auditors make in Mid Michigan nonmetropolitan area?
The median annual salary for a Accountants and Auditors in Mid Michigan nonmetropolitan area is $76,300. This typically ranges from $45,070 for entry-level positions to $112,450 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Mid Michigan nonmetropolitan area is 19.2% lower than the national median of $94,430.
Is Mid Michigan nonmetropolitan area a lucrative place for Accountants and Auditors?
No, not exceptionally lucrative compared to national averages.While the cost of living is average, the average salary of $76,300 is significantly lower than the national average of $94,430, indicating less lucrative compensation.
Is Mid Michigan nonmetropolitan area a good place to live for Accountants and Auditors?
The Cost of Living Index in Mid Michigan nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Mid Michigan nonmetropolitan area?
Some top paying nearby cities include Midland, MI ($97,350) and Saginaw, MI.
How does the local workforce size affect job prospects?
A local workforce of 1,230 suggests a stable number of opportunities, but the growth potential might be slower compared to larger metropolitan areas with a more dynamic job market.
What does a Location Quotient of 0.86 mean for Accountants?
It signifies that Accountants and Auditors are slightly less prevalent in this region compared to the national average, implying a moderate demand that isn't saturated.
How does the Cost of Living Index impact the salary?
With an index of 100, the cost of living is average nationally. Therefore, the $76,300 salary offers average purchasing power, offsetting the lower nominal wage to some extent.
What is the typical salary range for Accountants and Auditors in this area?
While the average is $76,300, entry-level positions likely earn less, and senior or specialized roles could command salaries exceeding $90,000, depending on experience and employer.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,230 employees in the Mid Michigan nonmetropolitan area area with a job density of 8.097 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 Mid Michigan nonmetropolitan area