Average Accountants and Auditors Salary in Ocala, FL
Accountants and Auditors in Ocala, FL, earn an average annual salary of $78,270. This figure is notably below the national average of $94,430, suggesting that local market dynamics and potentially a different economic landscape influence compensation in this Florida city. Factors such as the specific industry mix and the overall demand within the Ocala region contribute to this pay differential.
Executive Summary
- Average Salary: $78,270 per year.
- Growth Trend: Salaries have shifted 9.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $130,380.
- Outlook: With a local workforce of approximately 700 Accountants and Auditors, Ocala presents a moderately sized professional community. The Location Quotient of 0.63 indicates that this profession is less concentrated in Ocala compared to the national average, suggesting a stable but not exceptionally high demand for these roles within the immediate area. The presence of nearly 6 jobs per 1,000 workers further supports a consistent, albeit not booming, job market.
Salary Overview
The average Accountants and Auditors in Ocala, FL earns-17.1%below the national average.
$37.6
$1,505
$6,523
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Ocala is not provided, it is reasonable to assume that salaries for Accountants and Auditors in the region have experienced gradual growth over the past four years, mirroring national trends. Economic recovery, inflation, and increasing demand for financial expertise typically drive modest annual salary increases for skilled professionals in this field.
Accountants and Auditors Salary Distribution in Ocala, FL
Career progression for Accountants and Auditors in Ocala is typically marked by significant salary increases with experience. Entry-level positions might start at a lower percentile, but as professionals gain expertise, develop specialized skills, and move into senior or managerial roles, their earning potential escalates considerably. The salary distribution, with higher percentiles representing seasoned professionals, clearly illustrates this upward mobility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,270 | $19.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,703 | $28.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $69,440 | $33.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $97,838 | $47 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $130,380 | $62.7 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$78,270
Gross Pay
Real Wage (Purchasing Power)
$78,270
Adjusted for COL (100)
The average annual salary of $78,270 in Ocala, FL, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Accountant's or Auditor's salary in Ocala is equivalent to the national average, offering a stable financial environment without the added pressure of higher living expenses often found in more expensive metropolitan areas.
Job Market Context
700
Total Jobs
5.879
Per 1K Jobs
0.63
Location Quotient
Ocala, FL has 0.63x 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 0.63 for Accountants and Auditors in Ocala signifies that this profession is less prevalent locally than it is nationwide. This suggests that while there is a demand for these roles, the market is not saturated, potentially offering a competitive edge for skilled professionals seeking employment. It indicates a moderate level of job availability without intense competition from a large pool of local candidates.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Wildwood-The Villages, FL Accountants and Auditors Salary | $77,040↓ 2% | 29 mi |
| Homosassa Springs, FL Accountants and Auditors Salary | $74,000↓ 5% | 34 mi |
| Gainesville, FL Accountants and Auditors Salary | $80,170↑ 2% | 37 mi |
| Deltona-Daytona Beach-Ormond Beach, FL Accountants and Auditors Salary | $79,920↑ 2% | 60 mi |
| Orlando-Kissimmee-Sanford, FL Accountants and Auditors Salary | $88,150↑ 13% | 64 mi |
Comparing salaries near Ocala, FL
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Ocala, FL?
The median annual salary for a Accountants and Auditors in Ocala, FL is $78,270. This typically ranges from $40,270 for entry-level positions to $130,380 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Ocala, FL is 17.1% lower than the national median of $94,430.
Is Ocala, FL a lucrative place for Accountants and Auditors?
No, Ocala, FL is not considered a highly lucrative place for Accountants and Auditors compared to national averages.The average salary of $78,270 is significantly lower than the national average of $94,430, although the cost of living is on par with the national average.
Is Ocala, FL a good place to live for Accountants and Auditors?
The Cost of Living Index in Ocala, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Ocala, FL?
Some top paying nearby cities include Wildwood-The Villages, FL ($77,040) and Homosassa Springs, FL.
How does Ocala's Accountant salary compare to the national average?
Accountants and Auditors in Ocala earn an average of $78,270 annually, which is approximately 17% less than the national average salary of $94,430.
What is the concentration of Accountants and Auditors in Ocala?
The concentration of Accountants and Auditors in Ocala, indicated by a Location Quotient of 0.63, is lower than the national average, meaning the profession is less common in Ocala relative to its presence across the United States.
How does the cost of living in Ocala affect salary perception?
With a Cost of Living Index of 100, Ocala's living expenses are exactly at the national average. Therefore, the $78,270 salary offers purchasing power equivalent to the national average, mitigating the impact of the lower nominal salary.
What is the job market like for Accountants and Auditors in Ocala?
The job market in Ocala for Accountants and Auditors is stable, with approximately 5.88 jobs per 1,000 workers and a total local workforce of 700, indicating consistent demand without extreme competition.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 700 employees in the Ocala, FL area with a job density of 5.879 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 Ocala, FL