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Average Accountants and Auditors Salary in Northwestern South Carolina nonmetropolitan area

Accountants and Auditors in Northwestern South Carolina's nonmetropolitan areas earn an average annual salary of $80,090. This figure is notably below the national average of $94,430, reflecting the economic dynamics and potentially lower demand for specialized financial roles in non-urban settings. The compensation is directly influenced by the localized economic landscape and the specific needs of businesses operating within this region.

Executive Summary

  • Average Salary: $80,090 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $124,850.
  • Outlook: The job market for Accountants and Auditors in Northwestern South Carolina's nonmetropolitan areas, with a total local workforce of 430 professionals, indicates a relatively niche presence. The Location Quotient of 0.49 suggests that this occupation is less concentrated here compared to the national average, implying a stable but not rapidly expanding demand. While the absolute number of jobs per 1,000 workers (4.611) is modest, it points to a consistent need for these services within the existing economic structure.
2024 Market Data

Salary Overview

$80,090

The average Accountants and Auditors in Northwestern South Carolina nonmetropolitan area earns-15.2%below the national average.

BreakdownBased on 40h/week
Hourly

$38.5

Weekly

$1,540

Monthly

$6,674

Accountants and Auditors Salary Distribution in Northwestern South Carolina nonmetropolitan area

Salary progression for Accountants and Auditors is significantly tied to experience. Entry-level positions typically 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. The widening gap between the 25th and 75th percentiles of earnings within this dataset signifies the clear career ladder and the financial rewards associated with advancing to senior or specialized accounting and auditing roles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$46,670$22.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$60,068$28.9
ManagerOversees team, compliance, and project delivery.50% (Median)$74,990$36.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$100,113$48.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$124,850$60

Detailed Accountants and Auditors Market Analysis

Relocation Context

Nominal Salary

$80,090

Gross Pay

Real Wage (Purchasing Power)

$80,090

Adjusted for COL (100)

With an average annual salary of $80,090 and a Cost of Living Index precisely at the national average of 100, Accountants and Auditors in Northwestern South Carolina's nonmetropolitan areas experience purchasing power that aligns with the typical American standard. This means that while the nominal salary is lower than the national average, the cost of essential goods and services does not present an additional financial burden relative to the rest of the country.

Job Market Context

430

Total Jobs

4.611

Per 1K Jobs

0.49

Location Quotient

Low Concentration

At 0.49x, Northwestern 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.

The Location Quotient of 0.49 for Accountants and Auditors in Northwestern South Carolina's nonmetropolitan areas indicates that this profession is less concentrated than the national average. This suggests that the job market may be less competitive, with fewer professionals vying for available positions. While this could mean greater opportunities for skilled individuals, it also implies that the demand might be more specialized or limited compared to more densely populated or economically diverse regions.

Nearby Job Markets

Nearby Cities for Accountants and Auditors

Comparing salaries near Northwestern South Carolina nonmetropolitan area

Hiring Accountants and Auditorss?

Frequently Asked Questions

How much does a Accountants and Auditors make in Northwestern South Carolina nonmetropolitan area?

The median annual salary for a Accountants and Auditors in Northwestern South Carolina nonmetropolitan area is $80,090. This typically ranges from $46,670 for entry-level positions to $124,850 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwestern South Carolina nonmetropolitan area is 15.2% lower than the national median of $94,430.

Is Northwestern South Carolina nonmetropolitan area a lucrative place for Accountants and Auditors?

No, it is not considered particularly lucrative compared to the national average.The average salary of $80,090 is significantly lower than the national average of $94,430, despite a cost of living that is on par with the national average.

Is Northwestern South Carolina nonmetropolitan area a good place to live for Accountants and Auditors?

The Cost of Living Index in Northwestern South Carolina nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northwestern 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 430 suggests a smaller, more specialized market. While this can lead to less competition, it also means fewer overall opportunities compared to larger metropolitan areas.

What does a Location Quotient of 0.49 mean for Accountants and Auditors?

A Location Quotient below 1.0, such as 0.49, signifies that Accountants and Auditors are less prevalent in Northwestern South Carolina's nonmetropolitan areas than the national average, indicating a lower concentration of these roles.

How does the Cost of Living Index impact the $80,090 salary?

With a Cost of Living Index of 100, the $80,090 salary offers purchasing power equivalent to the national average. This means the lower nominal salary is offset by lower living expenses relative to the national standard.

Are there many job openings for Accountants and Auditors in this region?

The data suggests a steady but not abundant number of openings, with 4.611 jobs per 1,000 workers. This indicates a consistent demand that aligns with the size of the local economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 430 employees in the Northwestern South Carolina nonmetropolitan area area with a job density of 4.611 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.