SalaryNode

Average Accountants and Auditors Salary in Ponce, PR

Accountants and Auditors in Ponce, Puerto Rico earn an average annual salary of $36,900. This figure is significantly lower than the national average of $94,430, reflecting regional economic factors and the specific demand within the Ponce labor market. The local economic landscape and industry concentration directly influence compensation levels for financial professionals in this area.

Executive Summary

  • Average Salary: $36,900 per year.
  • Growth Trend: Salaries have shifted 9.5% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $56,910.
  • Outlook: With a local workforce of 650 Accountants and Auditors, Ponce exhibits a moderate presence in this sector. The Location Quotient of 1.09 suggests a slightly higher concentration of these professionals compared to the national average, indicating a stable, albeit not rapidly expanding, demand for their services within the region.
2024 Market Data

Salary Overview

$36,900

The average Accountants and Auditors in Ponce, PR earns-60.9%below the national average.

BreakdownBased on 40h/week
Hourly

$17.7

Weekly

$710

Monthly

$3,075

Accountants and Auditors Salary Distribution in Ponce, PR

Salary progression for Accountants and Auditors in Ponce typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while senior roles requiring extensive expertise and a proven track record can command significantly higher compensation. The widening gap between entry-level and senior salaries, often seen across different pay percentiles, signifies clear career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$22,480$10.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$27,675$13.3
ManagerOversees team, compliance, and project delivery.50% (Median)$32,130$15.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$46,125$22.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$56,910$27.4

Detailed Accountants and Auditors Market Analysis

Relocation Context

Nominal Salary

$36,900

Gross Pay

Real Wage (Purchasing Power)

$36,900

Adjusted for COL (100)

The average annual salary of $36,900 in Ponce aligns perfectly with the national Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income in Ponce is comparable to the national average, making the cost of living a neutral factor in assessing the financial viability of relocating.

Job Market Context

650

Total Jobs

10.255

Per 1K Jobs

1.09

Location Quotient

Above Average

With a location quotient of 1.09, Ponce, PR has a slightly higher-than-average concentration of Accountants and Auditors roles compared to the national norm.

A Location Quotient of 1.09 indicates that Ponce has a slightly higher concentration of Accountants and Auditors relative to its general workforce compared to the national average. This suggests a healthy, established market for these professionals, where demand is consistent with the supply, making it a moderately competitive environment for job seekers.

Nearby Job Markets

Nearby Cities for Accountants and Auditors

CitySalaryDist.
Puerto Rico nonmetropolitan area Accountants and Auditors Salary$34,460↓ 7%15 mi
Arecibo, PR Accountants and Auditors Salary$36,900- 0%31 mi
Guayama, PR Accountants and Auditors Salary$37,150↑ 1%34 mi
Mayaguez, PR Accountants and Auditors Salary$39,560↑ 7%34 mi
San Juan-Bayamon-Caguas, PR Accountants and Auditors Salary$44,970↑ 22%45 mi

Comparing salaries near Ponce, PR

Hiring Accountants and Auditorss?

Frequently Asked Questions

How much does a Accountants and Auditors make in Ponce, PR?

The median annual salary for a Accountants and Auditors in Ponce, PR is $36,900. This typically ranges from $22,480 for entry-level positions to $56,910 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Ponce, PR is 60.9% lower than the national median of $94,430.

Is Ponce, PR a lucrative place for Accountants and Auditors?

No, not compared to the national average.While the cost of living is on par with the national average, the average salary for Accountants and Auditors in Ponce is substantially lower than the national benchmark.

Is Ponce, PR a good place to live for Accountants and Auditors?

The Cost of Living Index in Ponce, PR is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Ponce, PR?

Some top paying nearby cities include Puerto Rico nonmetropolitan area ($34,460) and Arecibo, PR.

What is the average salary for an Accountant in Ponce, PR?

The average annual salary for Accountants and Auditors in Ponce, PR is $36,900.

How does Ponce's cost of living compare nationally?

Ponce's cost of living index is 100, which is exactly the national average.

Is there high demand for Accountants in Ponce?

With a Location Quotient of 1.09, there is a slightly higher concentration of Accountants and Auditors in Ponce than the national average, indicating stable demand.

How many Accountants and Auditors work in Ponce?

There are approximately 650 Accountants and Auditors employed in Ponce, PR.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 650 employees in the Ponce, PR area with a job density of 10.255 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Accountants and Auditors • Data source: BLS OEWS 2024 •Jobs in Ponce, PR