Average Accountants and Auditors Salary in Milwaukee-Waukesha, WI
Accountants and Auditors in the Milwaukee-Waukesha, WI area earn an average annual salary of $90,070. This figure is slightly below the national average of $94,430, suggesting a localized compensation structure influenced by regional economic factors and industry demand within the metropolitan area. While not reaching the national benchmark, this salary reflects the value placed on accounting professionals within Milwaukee's specific business landscape.
Executive Summary
- Average Salary: $90,070 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $130,180.
- Outlook: With a substantial local workforce of 7,750 Accountants and Auditors, Milwaukee-Waukesha demonstrates a significant presence of this profession. The Location Quotient of 1.01 indicates that the concentration of these roles in Milwaukee is very close to the national average, suggesting a stable and established demand for accounting services that aligns with broader national trends. This robust workforce size points to a healthy job market with consistent opportunities for skilled professionals.
Salary Overview
The average Accountants and Auditors in Milwaukee-Waukesha, WI earns-4.6%below the national average.
$43.3
$1,732
$7,506
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the salary for Accountants and Auditors in Milwaukee-Waukesha has experienced growth over the past four years, mirroring national trends. Economic expansion, increasing regulatory complexity, and a persistent demand for financial expertise typically drive upward salary adjustments for accounting professionals, ensuring their compensation keeps pace with inflation and evolving market needs.
Accountants and Auditors Salary Distribution in Milwaukee-Waukesha, WI
The career trajectory for Accountants and Auditors in Milwaukee-Waukesha typically involves significant salary increases with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and extensive experience can command salaries in the upper percentiles, potentially exceeding the average. These percentile gaps are crucial indicators of career progression and the financial rewards associated with advancing expertise and responsibility within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $58,640 | $28.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $67,553 | $32.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $79,760 | $38.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $112,588 | $54.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $130,180 | $62.6 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$90,070
Gross Pay
Real Wage (Purchasing Power)
$90,070
Adjusted for COL (100)
The average annual salary of $90,070 in Milwaukee-Waukesha, WI, 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. Professionals relocating to Milwaukee can expect their nominal earnings to translate directly into comparable living expenses, offering financial stability without the immediate pressure of a significantly higher or lower cost of living.
Job Market Context
7,750
Total Jobs
9.455
Per 1K Jobs
1.01
Location Quotient
With a location quotient of 1.01, Milwaukee-Waukesha, WI has a slightly higher-than-average concentration of Accountants and Auditors roles compared to the national norm.
The Location Quotient of 1.01 for Accountants and Auditors in Milwaukee-Waukesha signifies a job market that is nearly identical in concentration to the national average. This indicates a balanced market where the demand for accounting professionals is steady and well-matched by the available talent pool. It suggests that while opportunities exist, the market is not exceptionally saturated nor is it experiencing a significant shortage, offering a competitive yet stable environment for both employers and job seekers.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Racine-Mount Pleasant, WI Accountants and Auditors Salary | $84,600↓ 6% | 25 mi |
| Kenosha, WI Accountants and Auditors Salary | $85,940↓ 5% | 33 mi |
| Sheboygan, WI Accountants and Auditors Salary | $89,240↓ 1% | 48 mi |
| Fond du Lac, WI Accountants and Auditors Salary | $82,880↓ 8% | 54 mi |
| Janesville-Beloit, WI Accountants and Auditors Salary | $83,990↓ 7% | 59 mi |
Comparing salaries near Milwaukee-Waukesha, WI
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Frequently Asked Questions
How much does a Accountants and Auditors make in Milwaukee-Waukesha, WI?
The median annual salary for a Accountants and Auditors in Milwaukee-Waukesha, WI is $90,070. This typically ranges from $58,640 for entry-level positions to $130,180 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Milwaukee-Waukesha, WI is 4.6% lower than the national median of $94,430.
Is Milwaukee-Waukesha, WI a lucrative place for Accountants and Auditors?
Yes, it offers a competitive salary aligned with the national cost of living.The average salary of $90,070 is strong, and with a Cost of Living Index of 100, your earnings maintain national-average purchasing power. The stable market concentration also suggests consistent opportunities.
Is Milwaukee-Waukesha, WI a good place to live for Accountants and Auditors?
The Cost of Living Index in Milwaukee-Waukesha, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Milwaukee-Waukesha, WI?
Some top paying nearby cities include Racine-Mount Pleasant, WI ($84,600) and Kenosha, WI.
How does the Milwaukee Accountant salary compare to the national average?
The average salary for Accountants and Auditors in Milwaukee-Waukesha is $90,070, which is slightly below the national average of $94,430.
What is the concentration of Accountants and Auditors in Milwaukee-Waukesha?
The concentration, measured by the Location Quotient, is 1.01, indicating a presence very close to the national average for this profession.
How does the Cost of Living in Milwaukee affect salary perception?
With a Cost of Living Index of 100, the national average, the $90,070 salary in Milwaukee offers purchasing power equivalent to the national average, making it neither exceptionally high nor low in real terms.
What does the job market look like for Accountants and Auditors in Milwaukee?
The market is stable, with a robust workforce of 7,750 professionals and a concentration (LQ) of 1.01, suggesting consistent demand and a balanced supply of talent.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,750 employees in the Milwaukee-Waukesha, WI area with a job density of 9.455 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 Milwaukee-Waukesha, WI