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Average Accountants and Auditors Salary in North Region of Texas nonmetropolitan area

Accountants and Auditors in the North Region of Texas nonmetropolitan area earn an average annual salary of $81,080. This figure is notably below the national average of $94,430, reflecting regional economic factors and a potentially lower demand for specialized accounting roles compared to more urbanized or industrially diverse areas. The specific economic landscape and industry concentration within this nonmetropolitan region directly influence compensation levels for finance professionals.

Executive Summary

  • Average Salary: $81,080 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $126,050.
  • Outlook: The accounting and auditing job market in the North Region of Texas nonmetropolitan area, with a total workforce of 1,270 professionals, indicates a moderate presence. The Location Quotient of 0.49 suggests that this area has less than half the concentration of accountants and auditors compared to the national average. While not a hub for the profession, the existing workforce size implies a stable, albeit not rapidly expanding, demand for these essential financial services.
2024 Market Data

Salary Overview

$81,080

The average Accountants and Auditors in North Region of Texas nonmetropolitan area earns-14.1%below the national average.

BreakdownBased on 40h/week
Hourly

$39

Weekly

$1,559

Monthly

$6,757

Accountants and Auditors Salary Distribution in North Region of Texas nonmetropolitan area

Career progression for Accountants and Auditors typically involves a significant salary increase with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command substantially higher salaries, reaching into the upper percentiles. The widening gap between entry-level and senior-level salaries signifies clear opportunities for career advancement and increased earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$47,050$22.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$60,810$29.2
ManagerOversees team, compliance, and project delivery.50% (Median)$72,180$34.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$101,350$48.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$126,050$60.6

Detailed Accountants and Auditors Market Analysis

Relocation Context

Nominal Salary

$81,080

Gross Pay

Real Wage (Purchasing Power)

$81,080

Adjusted for COL (100)

An average annual salary of $81,080 in the North Region of Texas nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an accountant's salary in this region is equivalent to the national average. While the nominal salary is lower than the national average, the neutral cost of living suggests that the take-home pay will afford a comparable lifestyle to that of an accountant in a national average cost-of-living area.

Job Market Context

1,270

Total Jobs

4.647

Per 1K Jobs

0.49

Location Quotient

Low Concentration

At 0.49x, North Region of Texas 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 0.49, the North Region of Texas nonmetropolitan area exhibits a lower concentration of Accountants and Auditors relative to the national average. This suggests that the job market for these professionals is less saturated than in major metropolitan hubs. While this might imply fewer job openings overall, it could also mean less competition for available positions, potentially offering a more stable employment environment for those already established in the area.

Nearby Job Markets

Nearby Cities for Accountants and Auditors

Comparing salaries near North Region of Texas nonmetropolitan area

Hiring Accountants and Auditorss?

Frequently Asked Questions

How much does a Accountants and Auditors make in North Region of Texas nonmetropolitan area?

The median annual salary for a Accountants and Auditors in North Region of Texas nonmetropolitan area is $81,080. This typically ranges from $47,050 for entry-level positions to $126,050 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in North Region of Texas nonmetropolitan area is 14.1% lower than the national median of $94,430.

Is North Region of Texas nonmetropolitan area a lucrative place for Accountants and Auditorss?

No, it is not considered a lucrative place compared to the national average.The average salary of $81,080 is significantly lower than the national average of $94,430, despite a neutral cost of living.

Is North Region of Texas nonmetropolitan area a good place to live for Accountants and Auditors?

The Cost of Living Index in North Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near North Region of Texas nonmetropolitan area?

Some top paying nearby cities include Killeen-Temple, TX ($79,240) and Waco, TX.

How does the number of jobs per 1,000 workers compare nationally?

With 4.647 jobs per 1,000 workers, the North Region of Texas nonmetropolitan area has a lower density of accounting and auditing roles compared to the national average, indicating a less concentrated job market.

What is the significance of the Location Quotient (LQ) for Accountants and Auditors in this region?

An LQ of 0.49 means that Accountants and Auditors are less concentrated in this nonmetropolitan Texas region than the national average. This suggests fewer job opportunities relative to the overall workforce compared to national trends.

Does the cost of living impact the perceived value of an accountant's salary here?

No, the cost of living index is exactly 100, matching the national average. Therefore, the $81,080 salary has the same purchasing power as the national average salary in a national average cost-of-living area.

How does the total workforce size affect job prospects?

A total local workforce of 1,270 accountants and auditors suggests a stable, established presence of the profession, but the lower LQ indicates it's not a primary growth area for new entrants compared to national benchmarks.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,270 employees in the North Region of Texas nonmetropolitan area area with a job density of 4.647 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.