Average Accountants and Auditors Salary in Muskegon-Norton Shores, MI
Accountants and Auditors in the Muskegon-Norton Shores, MI area earn an average annual salary of $80,240. This figure is notably below the national average of $94,430, reflecting regional economic factors and localized demand for accounting professionals. The specific pay scales in Muskegon-Norton Shores are influenced by the local industry mix and the overall cost of doing business within the region.
Executive Summary
- Average Salary: $80,240 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $122,810.
- Outlook: The Muskegon-Norton Shores area supports a dedicated workforce of approximately 450 Accountants and Auditors. With a Location Quotient of 0.77, the concentration of these professionals is slightly below the national average, suggesting a stable but not overly saturated job market. The presence of 7.251 jobs per 1,000 workers indicates a consistent demand for accounting services within the local economy.
Salary Overview
The average Accountants and Auditors in Muskegon-Norton Shores, MI earns-15.0%below the national average.
$38.6
$1,543
$6,687
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that the salaries for Accountants and Auditors in Muskegon-Norton Shores, MI have experienced steady 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 Muskegon-Norton Shores, MI
Salary progression for Accountants and Auditors in Muskegon-Norton Shores, MI, is significantly tied to experience and specialization. Entry-level positions typically command lower salaries, while senior roles, those with specialized certifications, or management positions can see substantial increases. The percentile gaps between junior and senior roles highlight clear career advancement opportunities and the increasing value placed on expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,970 | $23.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $60,180 | $28.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $74,250 | $35.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $100,300 | $48.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $122,810 | $59 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$80,240
Gross Pay
Real Wage (Purchasing Power)
$80,240
Adjusted for COL (100)
The average annual salary of $80,240 in Muskegon-Norton Shores, MI, aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary offers purchasing power equivalent to the national average, making the area financially neutral from a cost-of-living perspective for accountants.
Job Market Context
450
Total Jobs
7.251
Per 1K Jobs
0.77
Location Quotient
Muskegon-Norton Shores, MI has 0.77x 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 0.77 for Accountants and Auditors in Muskegon-Norton Shores, MI, indicates that the profession is less concentrated than the national average. This suggests that while there is a solid base of accounting professionals, the market is not saturated, potentially offering good opportunities for skilled individuals entering the field or seeking to advance their careers.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Grand Rapids-Wyoming-Kentwood, MI Accountants and Auditors Salary | $81,540↑ 2% | 35 mi |
| Kalamazoo-Portage, MI Accountants and Auditors Salary | $80,180↓ 0% | 74 mi |
| Sheboygan, WI Accountants and Auditors Salary | $89,240↑ 11% | 82 mi |
| Battle Creek, MI Accountants and Auditors Salary | $80,880↑ 1% | 83 mi |
| Racine-Mount Pleasant, WI Accountants and Auditors Salary | $84,600↑ 5% | 86 mi |
Comparing salaries near Muskegon-Norton Shores, MI
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Frequently Asked Questions
How much does a Accountants and Auditors make in Muskegon-Norton Shores, MI?
The median annual salary for a Accountants and Auditors in Muskegon-Norton Shores, MI is $80,240. This typically ranges from $48,970 for entry-level positions to $122,810 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Muskegon-Norton Shores, MI is 15.0% lower than the national median of $94,430.
Is Muskegon-Norton Shores, MI a lucrative place for Accountants and Auditors?
No, not compared to the national average.While the average salary of $80,240 is respectable, it falls below the national average of $94,430. However, the cost of living is also at the national average, making the purchasing power equivalent.
Is Muskegon-Norton Shores, MI a good place to live for Accountants and Auditors?
The Cost of Living Index in Muskegon-Norton Shores, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Muskegon-Norton Shores, MI?
Some top paying nearby cities include Grand Rapids-Wyoming-Kentwood, MI ($81,540) and Kalamazoo-Portage, MI.
What is the average salary for Accountants and Auditors in Muskegon-Norton Shores, MI?
The average annual salary for Accountants and Auditors in Muskegon-Norton Shores, MI is $80,240.
How does the Muskegon-Norton Shores salary compare to the national average?
The average salary in Muskegon-Norton Shores ($80,240) is lower than the national average ($94,430).
What is the Cost of Living Index in Muskegon-Norton Shores, MI?
The Cost of Living Index in Muskegon-Norton Shores, MI is 100, which is the national average.
How concentrated is the Accountant and Auditor job market in Muskegon-Norton Shores, MI?
The job market for Accountants and Auditors in Muskegon-Norton Shores, MI has a Location Quotient of 0.77, indicating it is less concentrated than the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 450 employees in the Muskegon-Norton Shores, MI area with a job density of 7.251 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 Muskegon-Norton Shores, MI