Average Accountants and Auditors Salary in North Arkansas nonmetropolitan area
Accountants and Auditors in the North Arkansas nonmetropolitan area earn an average annual salary of $68,240. This figure is notably lower than the national average of $94,430, reflecting the economic dynamics and potentially lower demand for specialized financial roles in nonmetropolitan regions. Factors such as industry concentration and the overall economic landscape of the area significantly influence compensation levels.
Executive Summary
- Average Salary: $68,240 per year.
- Growth Trend: Salaries have shifted 14.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $102,420.
- Outlook: The job market for Accountants and Auditors in North Arkansas appears stable, with a local workforce of 450 professionals. The Location Quotient of 0.4 indicates a lower concentration of these roles compared to the national average, suggesting a less saturated but potentially less robust demand. While the absolute number of jobs per 1,000 workers (3.76) is modest, it signifies a consistent, albeit smaller, presence of this profession within the regional economy.
Salary Overview
The average Accountants and Auditors in North Arkansas nonmetropolitan area earns-27.7%below the national average.
$32.8
$1,312
$5,687
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for North Arkansas is not provided, it is reasonable to assume that salaries for Accountants and Auditors in nonmetropolitan areas 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 need for businesses to adapt to evolving regulatory environments.
Accountants and Auditors Salary Distribution in North Arkansas nonmetropolitan area
Career progression for Accountants and Auditors typically involves a significant salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while senior roles, requiring extensive expertise and responsibility, command higher salaries. The percentile gaps in salary distribution clearly signify this career trajectory, rewarding accumulated knowledge and proven performance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,270 | $18.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $51,180 | $24.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $58,820 | $28.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $85,300 | $41 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $102,420 | $49.2 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$68,240
Gross Pay
Real Wage (Purchasing Power)
$68,240
Adjusted for COL (100)
The nominal average salary of $68,240 in North Arkansas aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the absolute salary is lower than the national average, the purchasing power of an Accountant's earnings in this region is equivalent to the national standard. Therefore, the salary offers a comparable standard of living to the average American.
Job Market Context
450
Total Jobs
3.76
Per 1K Jobs
0.4
Location Quotient
At 0.40x, North Arkansas nonmetropolitan area has a notably lower concentration of Accountants and Auditors jobs than the national average. Opportunities in this area are relatively scarce for this profession.
With a Location Quotient of 0.4, the market for Accountants and Auditors in North Arkansas is less concentrated than the national average. This suggests that the job market is not saturated, and there may be fewer opportunities relative to the number of professionals compared to more metropolitan areas. However, this also implies that skilled professionals might face less competition for available positions.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Little Rock-North Little Rock-Conway, AR Accountants and Auditors Salary | $75,210↑ 10% | 17 mi |
| Hot Springs, AR Accountants and Auditors Salary | $79,070↑ 16% | 51 mi |
Comparing salaries near North Arkansas nonmetropolitan area
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in North Arkansas nonmetropolitan area?
The median annual salary for a Accountants and Auditors in North Arkansas nonmetropolitan area is $68,240. This typically ranges from $38,270 for entry-level positions to $102,420 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in North Arkansas nonmetropolitan area is 27.7% lower than the national median of $94,430.
Is North Arkansas nonmetropolitan area a lucrative place for Accountants and Auditors?
No, it is not considered lucrative compared to the national average.The average salary of $68,240 is significantly below the national average of $94,430, indicating lower earning potential. While the cost of living is average, the nominal salary does not reflect a high-paying market.
Is North Arkansas nonmetropolitan area a good place to live for Accountants and Auditors?
The Cost of Living Index in North Arkansas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near North Arkansas nonmetropolitan area?
Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($75,210) and Hot Springs, AR.
How does the North Arkansas salary compare to the national average?
The average annual salary for Accountants and Auditors in North Arkansas is $68,240, which is substantially lower than the national average of $94,430.
What is the concentration of Accountants and Auditors in North Arkansas?
The concentration, measured by the Location Quotient, is 0.4, meaning there are fewer Accountants and Auditors relative to the national average.
Does the cost of living affect the perceived value of the salary?
No, the local cost of living index is 100 (the national average), so the $68,240 salary offers purchasing power equivalent to the national average, despite being a lower nominal amount.
How many Accountants and Auditors are there in North Arkansas?
There are approximately 450 Accountants and Auditors working in the North Arkansas nonmetropolitan area.
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 North Arkansas nonmetropolitan area area with a job density of 3.76 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 North Arkansas nonmetropolitan area