Accountants and Auditors in the North Northeastern Ohio nonmetropolitan area (noncontiguous) earn an average annual salary of $76,300. This figure is notably below the national average of $94,430, reflecting the unique economic landscape and potentially lower demand for specialized financial roles in non-urban settings. The compensation is influenced by factors such as local industry needs and the overall economic vitality of the region.
Executive Summary
- Average Salary: $76,300 per year.
- Growth Trend: Salaries have shifted 8.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $113,490.
- Outlook: The job market for Accountants and Auditors in this specific nonmetropolitan area appears stable, with a total local workforce of 1,700 professionals. The Location Quotient of 0.73 suggests a slightly lower concentration of these roles compared to the national average, indicating a market that is neither oversaturated nor experiencing exceptionally high demand. This steady presence implies consistent, albeit not explosive, opportunities for skilled individuals.
Salary Overview
The average Accountants and Auditors in North Northeastern Ohio nonmetropolitan area (noncontiguous) earns-19.2%below the national average.
$36.7
$1,467
$6,358
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for this precise nonmetropolitan region isn't provided, it's reasonable to assume that salaries for Accountants and Auditors have experienced gradual growth over the past four years, mirroring national trends. Economic shifts and evolving business needs likely contribute to incremental increases in compensation, aiming to keep pace with inflation and the demand for financial expertise.
Accountants and Auditors Salary Distribution in North Northeastern Ohio nonmetropolitan area (noncontiguous)
Career progression for Accountants and Auditors typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior roles, requiring extensive expertise and responsibility, command higher salaries. The percentile gaps in earnings clearly signify this career trajectory, rewarding accumulated knowledge and proven performance with greater financial compensation.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,560 | $21.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,225 | $27.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $68,230 | $32.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $95,375 | $45.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $113,490 | $54.6 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$76,300
Gross Pay
Real Wage (Purchasing Power)
$76,300
Adjusted for COL (100)
The nominal average salary of $76,300 in North Northeastern Ohio nonmetropolitan area (noncontiguous) is directly comparable to the national average Cost of Living Index of 100. This means that the purchasing power of an Accountant's or Auditor's salary in this region is effectively aligned with the national standard, suggesting that the lower nominal wage is offset by more affordable living expenses.
Job Market Context
1,700
Total Jobs
6.847
Per 1K Jobs
0.73
Location Quotient
North Northeastern Ohio nonmetropolitan area (noncontiguous) has 0.73x 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.
With a Location Quotient of 0.73, the market for Accountants and Auditors in the North Northeastern Ohio nonmetropolitan area (noncontiguous) is less concentrated than the national average. This indicates that while the profession is present, it is not a dominant industry hub. The job market is likely competitive for specialized roles, but overall demand may be moderate, offering a balanced environment for job seekers.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Mansfield, OH Accountants and Auditors Salary | $72,330↓ 5% | 29 mi |
| Columbus, OH Accountants and Auditors Salary | $91,980↑ 21% | 32 mi |
| Springfield, OH Accountants and Auditors Salary | $74,850↓ 2% | 63 mi |
| Sandusky, OH Accountants and Auditors Salary | $75,830↓ 1% | 73 mi |
| Lima, OH Accountants and Auditors Salary | $75,880↓ 1% | 75 mi |
Comparing salaries near North Northeastern Ohio nonmetropolitan area (noncontiguous)
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Frequently Asked Questions
How much does a Accountants and Auditors make in North Northeastern Ohio nonmetropolitan area (noncontiguous)?
The median annual salary for a Accountants and Auditors in North Northeastern Ohio nonmetropolitan area (noncontiguous) is $76,300. This typically ranges from $44,560 for entry-level positions to $113,490 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in North Northeastern Ohio nonmetropolitan area (noncontiguous) is 19.2% lower than the national median of $94,430.
Is North Northeastern Ohio nonmetropolitan area (noncontiguous) a lucrative place for Accountants and Auditorss?
No, not exceptionally lucrative compared to national averages.While the cost of living is on par with the national average, the average salary of $76,300 is significantly lower than the national average of $94,430 for Accountants and Auditors.
Is North Northeastern Ohio nonmetropolitan area (noncontiguous) a good place to live for Accountants and Auditors?
The Cost of Living Index in North Northeastern Ohio nonmetropolitan area (noncontiguous) is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near North Northeastern Ohio nonmetropolitan area (noncontiguous)?
Some top paying nearby cities include Mansfield, OH ($72,330) and Columbus, OH.
How does the local workforce size affect job prospects?
A local workforce of 1,700 suggests a moderate-sized professional community. While not a massive hub, it indicates a stable presence of Accountants and Auditors, implying consistent, though perhaps not abundant, job opportunities.
What does a Location Quotient of 0.73 mean for Accountants and Auditors?
A Location Quotient of 0.73 signifies that there are fewer Accountants and Auditors per capita in this region compared to the national average. This suggests a less saturated market, which could mean less competition for available roles.
How does the Cost of Living Index impact the $76,300 salary?
With a Cost of Living Index of 100, the $76,300 salary has the same purchasing power as it would nationally. This means that despite the lower nominal salary, the affordability of goods and services in this region is comparable to the national average.
What is the typical salary range for Accountants and Auditors in this area?
While the average is $76,300, actual salaries can vary significantly based on experience, specific industry, and employer. Entry-level positions will likely earn less, while senior or specialized roles could command higher compensation.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,700 employees in the North Northeastern Ohio nonmetropolitan area (noncontiguous) area with a job density of 6.847 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 Northeastern Ohio nonmetropolitan area (noncontiguous)