Average Accountants and Auditors Salary in Northeast Alabama nonmetropolitan area
Accountants and Auditors in the Northeast Alabama nonmetropolitan area earn an average annual salary of $70,600. This figure is notably lower than the national average of $94,430. The localized economic landscape, including industry demand and the cost of doing business, typically influences regional salary benchmarks.
Executive Summary
- Average Salary: $70,600 per year.
- Growth Trend: Salaries have shifted 7.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $101,430.
- Outlook: With a local workforce of 1,050 Accountants and Auditors, the job market in Northeast Alabama nonmetropolitan area shows a stable presence. The Location Quotient of 0.74 suggests a slightly lower concentration of these professionals compared to the national average, indicating a moderate demand that aligns with the workforce size.
Salary Overview
The average Accountants and Auditors in Northeast Alabama nonmetropolitan area earns-25.2%below the national average.
$33.9
$1,358
$5,883
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Accountants and Auditors across the United States, including nonmetropolitan areas like Northeast Alabama, have experienced consistent growth over the past four years, driven by inflation and increasing demand for financial expertise.
Accountants and Auditors Salary Distribution in Northeast Alabama nonmetropolitan area
Salary progression for Accountants and Auditors typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while senior roles, requiring extensive expertise and responsibility, command significantly higher compensation. The percentile gaps in salary data clearly signify these career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,350 | $21.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $52,950 | $25.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,550 | $30.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $88,250 | $42.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $101,430 | $48.8 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$70,600
Gross Pay
Real Wage (Purchasing Power)
$70,600
Adjusted for COL (100)
The average annual salary of $70,600 in Northeast Alabama nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.
Job Market Context
1,050
Total Jobs
6.911
Per 1K Jobs
0.74
Location Quotient
Northeast Alabama nonmetropolitan area has 0.74x 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 0.74 indicates that Accountants and Auditors are slightly less concentrated in Northeast Alabama nonmetropolitan area than the national average. This suggests that while the profession is present, the market may not be oversaturated, potentially offering good opportunities for skilled professionals.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Montgomery, AL Accountants and Auditors Salary | $78,590↑ 11% | 44 mi |
| Birmingham, AL Accountants and Auditors Salary | $82,830↑ 17% | 50 mi |
| Tuscaloosa, AL Accountants and Auditors Salary | $79,080↑ 12% | 52 mi |
| Auburn-Opelika, AL Accountants and Auditors Salary | $75,130↑ 6% | 77 mi |
| Anniston-Oxford, AL Accountants and Auditors Salary | $72,050↑ 2% | 82 mi |
Comparing salaries near Northeast Alabama nonmetropolitan area
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Northeast Alabama nonmetropolitan area?
The median annual salary for a Accountants and Auditors in Northeast Alabama nonmetropolitan area is $70,600. This typically ranges from $45,350 for entry-level positions to $101,430 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northeast Alabama nonmetropolitan area is 25.2% lower than the national median of $94,430.
Is Northeast Alabama nonmetropolitan area a lucrative place for Accountants and Auditorss?
No, it is not considered a highly lucrative area for Accountants and Auditors.The average salary of $70,600 is significantly below the national average of $94,430, despite a cost of living that matches the national average.
Is Northeast Alabama nonmetropolitan area a good place to live for Accountants and Auditors?
The Cost of Living Index in Northeast Alabama nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northeast Alabama nonmetropolitan area?
Some top paying nearby cities include Montgomery, AL ($78,590) and Birmingham, AL.
How does the local workforce size impact job opportunities?
A local workforce of 1,050 suggests a consistent, albeit not massive, demand for Accountants and Auditors in the region, providing a stable job market.
What does a Location Quotient of 0.74 mean for job seekers?
A Location Quotient below 1.0 indicates that the profession is less concentrated locally than nationally, which could mean fewer specialized roles but potentially less competition for general accounting positions.
How does the Cost of Living Index affect the salary's real value?
With a Cost of Living Index of 100, the $70,600 salary has the same purchasing power as the national average salary, meaning expenses are neither significantly cheaper nor more expensive than the national norm.
Are there many Accountants and Auditors jobs per 1,000 workers in this area?
With 6.911 jobs per 1,000 workers, the density of accounting roles is moderate, reflecting the overall size of the local economy and its professional services sector.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,050 employees in the Northeast Alabama nonmetropolitan area area with a job density of 6.911 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 Northeast Alabama nonmetropolitan area