Average Accountants and Auditors Salary in Northwestern Region of Texas nonmetropolitan area
Accountants and Auditors in the Northwestern Region of Texas nonmetropolitan area earn an average annual salary of $80,680. This figure falls below the national average of $94,430, suggesting that regional economic factors and potentially a lower demand for specialized accounting services contribute to this compensation difference. The specific economic landscape and industry concentration within this nonmetropolitan area play a significant role in shaping local wage scales for finance professionals.
Executive Summary
- Average Salary: $80,680 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $119,910.
- Outlook: The job market for Accountants and Auditors in the Northwestern Region of Texas nonmetropolitan area, with a total local workforce of 1,090 professionals, indicates a stable, albeit not highly concentrated, presence. The Location Quotient of 0.62 suggests that this profession is less concentrated here compared to the national average, implying a moderate demand that aligns with the size of the existing workforce. While not a booming hub, the consistent number of jobs per 1,000 workers (5.796) points to ongoing opportunities for skilled individuals.
Salary Overview
The average Accountants and Auditors in Northwestern Region of Texas nonmetropolitan area earns-14.6%below the national average.
$38.8
$1,552
$6,723
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for this precise region is not provided, it is reasonable to assume that salaries for Accountants and Auditors in nonmetropolitan areas of Texas 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 accounting services across various industries. Professionals in this field can generally expect their earning potential to increase with experience and evolving skill sets.
Accountants and Auditors Salary Distribution in Northwestern Region of Texas nonmetropolitan area
Salary progression for Accountants and Auditors typically scales significantly with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with specialized expertise, such as forensic accounting or advanced tax law, can command salaries well above the average. The percentile gaps in salary distribution, from the 25th to the 75th percentile and beyond, clearly signify the career progression and the increased earning potential associated with accumulating years of experience and developing advanced competencies.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,670 | $22.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $60,510 | $29.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $74,270 | $35.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $100,850 | $48.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $119,910 | $57.6 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$80,680
Gross Pay
Real Wage (Purchasing Power)
$80,680
Adjusted for COL (100)
The nominal average annual salary of $80,680 in the Northwestern Region of Texas nonmetropolitan area aligns precisely with the national average cost of living index of 100. This means that, on average, the purchasing power of an Accountant's or Auditor's salary in this region is comparable to that of someone earning the national average salary in a location with average living expenses. Therefore, the salary offers a standard lifestyle without the added financial strain of higher living costs, but also without the benefit of significantly increased disposable income.
Job Market Context
1,090
Total Jobs
5.796
Per 1K Jobs
0.62
Location Quotient
Northwestern Region of Texas nonmetropolitan area has 0.62x 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 0.62, the job market for Accountants and Auditors in the Northwestern Region of Texas nonmetropolitan area is less concentrated than the national average. This suggests that while there is a steady presence of these professionals, the market is not saturated, and competition may be less intense compared to metropolitan areas. The lower concentration indicates that opportunities might be more niche or tied to specific local industries, presenting a balanced environment for job seekers where demand exists but isn't overwhelmingly high.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Killeen-Temple, TX Accountants and Auditors Salary | $79,240↓ 2% | 10 mi |
| Waco, TX Accountants and Auditors Salary | $82,180↑ 2% | 41 mi |
| Austin-Round Rock-San Marcos, TX Accountants and Auditors Salary | $91,920↑ 14% | 53 mi |
| College Station-Bryan, TX Accountants and Auditors Salary | $75,540↓ 6% | 82 mi |
Comparing salaries near Northwestern Region of Texas nonmetropolitan area
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Frequently Asked Questions
How much does a Accountants and Auditors make in Northwestern Region of Texas nonmetropolitan area?
The median annual salary for a Accountants and Auditors in Northwestern Region of Texas nonmetropolitan area is $80,680. This typically ranges from $46,670 for entry-level positions to $119,910 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northwestern Region of Texas nonmetropolitan area is 14.6% lower than the national median of $94,430.
Is Northwestern Region of Texas nonmetropolitan area a lucrative place for Accountants and Auditorss?
No, not particularly lucrative compared to the national average.The average salary of $80,680 is notably lower than the national average of $94,430, despite a cost of living that is at the national average. This indicates that while expenses are standard, earning potential is reduced in this region.
Is Northwestern Region of Texas nonmetropolitan area a good place to live for Accountants and Auditors?
The Cost of Living Index in Northwestern Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northwestern Region of Texas nonmetropolitan area?
Some top paying nearby cities include Killeen-Temple, TX ($79,240) and Waco, TX.
How does the local workforce size affect job prospects?
A local workforce of 1,090 Accountants and Auditors suggests a stable, established professional community. While not a massive pool, it indicates consistent demand for these roles within the region's economy.
What does a Location Quotient of 0.62 mean for Accountants and Auditors?
A Location Quotient of 0.62 signifies that Accountants and Auditors are less concentrated in this region compared to the national average. This could mean fewer job openings but potentially less competition for available positions.
How does the cost of living impact the $80,680 salary?
With a Cost of Living Index of 100, the $80,680 salary offers purchasing power equivalent to the national average. This means your earnings will cover standard expenses without the premium found in high-cost areas.
Are there many Accountants and Auditors jobs per 1,000 workers in this region?
With 5.796 jobs per 1,000 workers, the rate is moderate, reflecting a steady but not exceptionally high demand for accounting and auditing professionals in the Northwestern Region of Texas 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 1,090 employees in the Northwestern Region of Texas nonmetropolitan area area with a job density of 5.796 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 Northwestern Region of Texas nonmetropolitan area