Average Accountants and Auditors Salary in Myrtle Beach-Conway-North Myrtle Beach, SC
Accountants and Auditors in the Myrtle Beach-Conway-North Myrtle Beach, SC area earn an average annual salary of $71,790. This figure is notably below the national average of $94,430, indicating a localized compensation structure influenced by regional economic factors and demand within this specific metropolitan area. The pay differential reflects the unique economic landscape of Myrtle Beach.
Executive Summary
- Average Salary: $71,790 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $104,710.
- Outlook: With a total local workforce of 710 Accountants and Auditors, the Myrtle Beach-Conway-North Myrtle Beach, SC area presents a moderately sized job market for these professionals. The Location Quotient of 0.52 suggests that the concentration of these roles is below the national average, implying that while opportunities exist, the field is not as densely populated as in other regions. This indicates a stable, albeit not hyper-competitive, demand for accounting and auditing services.
Salary Overview
The average Accountants and Auditors in Myrtle Beach-Conway-North Myrtle Beach, SC earns-24.0%below the national average.
$34.5
$1,381
$5,983
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for the Myrtle Beach area is not provided, it is generally assumed that salaries for Accountants and Auditors have experienced steady growth over the past four years, mirroring national trends. Economic expansion and evolving regulatory landscapes typically drive an upward pressure on compensation for skilled financial professionals, suggesting a positive trajectory for earnings in this sector.
Accountants and Auditors Salary Distribution in Myrtle Beach-Conway-North Myrtle Beach, SC
Career progression for Accountants and Auditors in Myrtle Beach-Conway-North Myrtle Beach, SC, typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and a proven track record can command salaries in the higher percentiles. These percentile gaps are crucial indicators of the career ladder and the financial rewards associated with advancing expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $43,320 | $20.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $53,843 | $25.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $65,070 | $31.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $89,738 | $43.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $104,710 | $50.3 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$71,790
Gross Pay
Real Wage (Purchasing Power)
$71,790
Adjusted for COL (100)
The average annual salary of $71,790 for Accountants and Auditors in Myrtle Beach-Conway-North Myrtle Beach, SC, aligns precisely with the national average cost of living, which stands at an index of 100. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that the cost of essential goods and services in the region is neither a significant advantage nor a disadvantage compared to the rest of the country.
Job Market Context
710
Total Jobs
4.903
Per 1K Jobs
0.52
Location Quotient
Myrtle Beach-Conway-North Myrtle Beach, SC has 0.52x 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 0.52 for Accountants and Auditors in Myrtle Beach-Conway-North Myrtle Beach, SC, indicates that the concentration of these professionals is less than half of the national average. This suggests that the job market, while present, is less saturated than in major metropolitan hubs. For job seekers, this could mean fewer openings but potentially less intense competition for available roles, while employers might face challenges in finding a large pool of specialized talent.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Florence, SC Accountants and Auditors Salary | $75,150↑ 5% | 61 mi |
| Wilmington, NC Accountants and Auditors Salary | $78,340↑ 9% | 67 mi |
| Charleston-North Charleston, SC Accountants and Auditors Salary | $92,060↑ 28% | 88 mi |
| Sumter, SC Accountants and Auditors Salary | $78,560↑ 9% | 88 mi |
| Fayetteville, NC Accountants and Auditors Salary | $86,090↑ 20% | 95 mi |
Comparing salaries near Myrtle Beach-Conway-North Myrtle Beach, SC
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Myrtle Beach-Conway-North Myrtle Beach, SC?
The median annual salary for a Accountants and Auditors in Myrtle Beach-Conway-North Myrtle Beach, SC is $71,790. This typically ranges from $43,320 for entry-level positions to $104,710 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Myrtle Beach-Conway-North Myrtle Beach, SC is 24.0% lower than the national median of $94,430.
Is Myrtle Beach-Conway-North Myrtle Beach, SC a lucrative place for Accountants and Auditors?
No, not compared to the national average.The average salary of $71,790 is significantly lower than the national average of $94,430. However, the cost of living is at the national average, meaning the purchasing power of the salary is comparable.
Is Myrtle Beach-Conway-North Myrtle Beach, SC a good place to live for Accountants and Auditors?
The Cost of Living Index in Myrtle Beach-Conway-North Myrtle Beach, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Myrtle Beach-Conway-North Myrtle Beach, SC?
Some top paying nearby cities include Florence, SC ($75,150) and Wilmington, NC.
How does the Myrtle Beach Accountant salary compare to the national average?
The average annual salary for Accountants and Auditors in Myrtle Beach-Conway-North Myrtle Beach, SC, is $71,790, which is substantially lower than the national average of $94,430.
What is the cost of living in Myrtle Beach-Conway-North Myrtle Beach, SC for Accountants?
The cost of living index in Myrtle Beach-Conway-North Myrtle Beach, SC, is 100, which is exactly the national average. This means your salary will have average purchasing power.
Is there high demand for Accountants and Auditors in Myrtle Beach?
With a Location Quotient of 0.52, the concentration of Accountants and Auditors is below the national average, suggesting moderate demand and less competition than in more saturated markets.
How many Accountants and Auditors work in the Myrtle Beach area?
The Myrtle Beach-Conway-North Myrtle Beach, SC metropolitan area employs approximately 710 Accountants and Auditors, representing 4.903 jobs per 1,000 workers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 710 employees in the Myrtle Beach-Conway-North Myrtle Beach, SC area with a job density of 4.903 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Accountants and Auditors Salaries by State
Top Jobs in Myrtle Beach-Conway-North Myrtle Beach, SC
- All Occupations Salary in Myrtle Beach-Conway-North Myrtle Beach, SC
- Food Preparation and Serving Related Occupations Salary in Myrtle Beach-Conway-North Myrtle Beach, SC
- Sales and Related Occupations Salary in Myrtle Beach-Conway-North Myrtle Beach, SC
- Office and Administrative Support Occupations Salary in Myrtle Beach-Conway-North Myrtle Beach, SC
- Transportation and Material Moving Occupations Salary in Myrtle Beach-Conway-North Myrtle Beach, SC
- Healthcare Practitioners and Technical Occupations Salary in Myrtle Beach-Conway-North Myrtle Beach, SC
- Retail Salespersons Salary in Myrtle Beach-Conway-North Myrtle Beach, SC
- Management Occupations Salary in Myrtle Beach-Conway-North Myrtle Beach, SC
- Installation, Maintenance, and Repair Occupations Salary in Myrtle Beach-Conway-North Myrtle Beach, SC
- Building and Grounds Cleaning and Maintenance Occupations Salary in Myrtle Beach-Conway-North Myrtle Beach, SC
- Browse All Jobs in Myrtle Beach-Conway-North Myrtle Beach, SC →
Semantic Salary Analysis for Accountants and Auditors • Data source: BLS OEWS 2024 •Jobs in Myrtle Beach-Conway-North Myrtle Beach, SC