Average Accountants and Auditors Salary in Northeastern South Carolina nonmetropolitan area
Accountants and Auditors in the Northeastern South Carolina nonmetropolitan area earn an average annual salary of $81,370. This figure is notably below the national average of $94,430, reflecting regional economic factors and a lower concentration of specialized financial roles. The specific economic landscape and industry demands within this nonmetropolitan region directly influence the compensation offered to these essential finance professionals.
Executive Summary
- Average Salary: $81,370 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $127,990.
- Outlook: The job market for Accountants and Auditors in Northeastern South Carolina's nonmetropolitan area, with a total workforce of 350 professionals, indicates a stable but not rapidly expanding demand. The Location Quotient of 0.47 suggests that this area has less than half the national concentration of these roles, implying a niche market rather than a high-demand hub. While the workforce size is modest, the presence of these professionals signifies ongoing needs within local businesses and organizations.
Salary Overview
The average Accountants and Auditors in Northeastern South Carolina nonmetropolitan area earns-13.8%below the national average.
$39.1
$1,565
$6,781
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for this precise region isn't provided, it's reasonable to assume that salaries for Accountants and Auditors in nonmetropolitan areas like Northeastern South Carolina have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing complexity in financial regulations, and a steady demand for skilled financial professionals across various industries.
Accountants and Auditors Salary Distribution in Northeastern South Carolina nonmetropolitan area
Salary progression for Accountants and Auditors is strongly tied to experience and specialization. Entry-level positions typically start at the lower end of the pay scale, while senior accountants and auditors with extensive experience, specialized certifications (like CPA), and leadership responsibilities can command significantly higher salaries. The percentile gaps in salary data, though not detailed here, would clearly illustrate this upward trajectory from junior roles to seasoned experts.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,640 | $21.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $61,028 | $29.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $66,000 | $31.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $101,713 | $48.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $127,990 | $61.5 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$81,370
Gross Pay
Real Wage (Purchasing Power)
$81,370
Adjusted for COL (100)
The average annual salary of $81,370 in Northeastern South Carolina's nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Accountant or Auditor's salary in this region is equivalent to that of someone earning the national average salary in a region with a national average cost of living. Therefore, the nominal salary effectively translates to a comparable standard of living.
Job Market Context
350
Total Jobs
4.456
Per 1K Jobs
0.47
Location Quotient
At 0.47x, Northeastern South Carolina 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 0.47, the market for Accountants and Auditors in Northeastern South Carolina's nonmetropolitan area is less concentrated than the national average. This suggests that while there is a consistent need for these professionals, the job market is not saturated, and opportunities may be more specialized or tied to specific local industries. It indicates a moderate level of competition, with employers potentially seeking candidates with broader skill sets to meet diverse financial needs.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Columbia, SC Accountants and Auditors Salary | $72,610↓ 11% | 13 mi |
| Sumter, SC Accountants and Auditors Salary | $78,560↓ 3% | 32 mi |
| Florence, SC Accountants and Auditors Salary | $75,150↓ 8% | 70 mi |
| Augusta-Richmond County, GA-SC Accountants and Auditors Salary | $79,770↓ 2% | 73 mi |
| Charleston-North Charleston, SC Accountants and Auditors Salary | $92,060↑ 13% | 91 mi |
Comparing salaries near Northeastern South Carolina nonmetropolitan area
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Northeastern South Carolina nonmetropolitan area?
The median annual salary for a Accountants and Auditors in Northeastern South Carolina nonmetropolitan area is $81,370. This typically ranges from $44,640 for entry-level positions to $127,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northeastern South Carolina nonmetropolitan area is 13.8% lower than the national median of $94,430.
Is Northeastern South Carolina nonmetropolitan area a lucrative place for Accountants and Auditorss?
No, not compared to the national average.While the average salary of $81,370 is substantial, it falls below the national average of $94,430. However, the cost of living being at the national average means the salary's purchasing power is equivalent nationally.
Is Northeastern South Carolina nonmetropolitan area a good place to live for Accountants and Auditors?
The Cost of Living Index in Northeastern South Carolina nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northeastern South Carolina nonmetropolitan area?
Some top paying nearby cities include Columbia, SC ($72,610) and Sumter, SC.
How does the local workforce size affect job prospects?
A local workforce of 350 Accountants and Auditors suggests a stable, albeit not expansive, job market. This size indicates consistent demand within the region's businesses and organizations for financial expertise.
What does a Location Quotient of 0.47 signify?
A Location Quotient of 0.47 means that Accountants and Auditors are less concentrated in this region compared to the national average. This implies a more specialized or niche market for these roles.
How does the cost of living impact the salary?
With a Cost of Living Index of 100, the $81,370 salary offers purchasing power equivalent to the national average. This means your earnings will stretch as far as they would in a typical U.S. region.
Are there many job openings for Accountants and Auditors in this area?
The number of jobs per 1,000 workers (4.456) suggests a moderate presence of these roles. While not a high-density area for accountants, the consistent jobs per capita indicate ongoing opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Northeastern South Carolina nonmetropolitan area area with a job density of 4.456 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 Northeastern South Carolina nonmetropolitan area