Average Accountants and Auditors Salary in Modesto, CA
Accountants and Auditors in Modesto, CA, earn an average annual salary of $94,300, remarkably close to the national average of $94,430. This parity suggests that while Modesto's specific economic drivers may not inflate salaries significantly above the national benchmark, they effectively balance the cost of living, creating a stable financial environment for these professionals.
Executive Summary
- Average Salary: $94,300 per year.
- Growth Trend: Salaries have shifted 25.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $138,420.
- Outlook: With a local workforce of 1,220 Accountants and Auditors, Modesto presents a moderate employment landscape for this profession. The Location Quotient of 0.67 indicates a slightly lower concentration of these roles compared to the national average, suggesting that while opportunities exist, the market may not be saturated, offering a steady, albeit not booming, demand for skilled professionals.
Salary Overview
The average Accountants and Auditors in Modesto, CA earns-0.1%below the national average.
$45.3
$1,813
$7,858
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Modesto is not provided, it is reasonable to assume that salaries for Accountants and Auditors in the region have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for financial expertise, and the evolving complexity of accounting regulations.
Accountants and Auditors Salary Distribution in Modesto, CA
Career progression for Accountants and Auditors in Modesto, CA, is typically marked by 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 well into the upper percentiles, reflecting a clear career trajectory and the value placed on expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $60,740 | $29.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $70,725 | $34 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $85,640 | $41.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $117,875 | $56.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $138,420 | $66.5 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$94,300
Gross Pay
Real Wage (Purchasing Power)
$94,300
Adjusted for COL (100)
The nominal average salary of $94,300 in Modesto, CA, 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 and Auditor's salary in Modesto is equivalent to the national average, offering a stable financial standing without the premium often associated with higher-cost-of-living areas.
Job Market Context
1,220
Total Jobs
6.256
Per 1K Jobs
0.67
Location Quotient
Modesto, CA has 0.67x 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 0.67 for Accountants and Auditors in Modesto, CA, signifies that the profession is less concentrated locally than the national average. This suggests that while the demand is present, the supply of professionals might be relatively lower, potentially creating a competitive advantage for skilled individuals seeking employment in the area.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Stockton-Lodi, CA Accountants and Auditors Salary | $90,440↓ 4% | 29 mi |
| Merced, CA Accountants and Auditors Salary | $89,450↓ 5% | 37 mi |
| San Jose-Sunnyvale-Santa Clara, CA Accountants and Auditors Salary | $128,730↑ 37% | 53 mi |
| Sacramento-Roseville-Folsom, CA Accountants and Auditors Salary | $94,200↓ 0% | 69 mi |
| Santa Cruz-Watsonville, CA Accountants and Auditors Salary | $93,080↓ 1% | 73 mi |
Comparing salaries near Modesto, CA
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Modesto, CA?
The median annual salary for a Accountants and Auditors in Modesto, CA is $94,300. This typically ranges from $60,740 for entry-level positions to $138,420 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Modesto, CA is 0.1% lower than the national median of $94,430.
Is Modesto, CA a lucrative place for Accountants and Auditors?
Yes, Modesto offers a financially stable environment for Accountants and Auditors.The average salary of $94,300 is on par with the national average, and crucially, the cost of living is also at the national average, meaning your earnings have standard purchasing power.
Is Modesto, CA a good place to live for Accountants and Auditors?
The Cost of Living Index in Modesto, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Modesto, CA?
Some top paying nearby cities include Stockton-Lodi, CA ($90,440) and Merced, CA.
How does Modesto's Accountant salary compare to the national average?
The average annual salary for Accountants and Auditors in Modesto, CA, is $94,300, which is very close to the national average of $94,430.
What is the Cost of Living in Modesto, CA like for professionals?
Modesto's Cost of Living Index is 100, which is exactly the national average, indicating that the general cost of goods and services is neither significantly higher nor lower than the rest of the country.
Is there high demand for Accountants and Auditors in Modesto?
With 6.256 jobs per 1,000 workers and a Location Quotient of 0.67, the demand is present but not exceptionally high compared to national concentrations, suggesting a stable but not overly competitive job market.
How does experience affect an Accountant's salary in Modesto?
Experience significantly impacts earning potential, with entry-level positions offering lower salaries and senior roles commanding higher compensation, reflecting a typical career progression and salary growth trajectory.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,220 employees in the Modesto, CA area with a job density of 6.256 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 Modesto, CA