Average Accountants and Auditors Salary in Puerto Rico nonmetropolitan area
Accountants and Auditors in Puerto Rico's nonmetropolitan areas earn an average annual salary of $34,460. This figure is significantly lower than the national average of $94,430, reflecting regional economic factors and potentially a different market demand for these specialized financial roles outside major urban centers.
Executive Summary
- Average Salary: $34,460 per year.
- Growth Trend: Salaries have shifted 8.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $49,290.
- Outlook: With a local workforce of 230 Accountants and Auditors, the job market in Puerto Rico's nonmetropolitan areas presents a modest scale. The Location Quotient of 0.78 suggests a slightly lower concentration of these professionals compared to the national average, indicating a stable but not rapidly expanding demand within this specific geographic segment.
Salary Overview
The average Accountants and Auditors in Puerto Rico nonmetropolitan area earns-63.5%below the national average.
$16.6
$663
$2,872
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Accountants and Auditors across most regions, including Puerto Rico's nonmetropolitan areas, have experienced a steady upward trend over the past four years, driven by inflation and evolving industry needs.
Accountants and Auditors Salary Distribution in Puerto Rico nonmetropolitan area
Career progression for Accountants and Auditors typically involves salary increases with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior roles, with their added responsibilities and expertise, command higher compensation. The percentile gaps in salary distributions signify clear opportunities for advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $21,870 | $10.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $25,845 | $12.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $29,740 | $14.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $43,075 | $20.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $49,290 | $23.7 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$34,460
Gross Pay
Real Wage (Purchasing Power)
$34,460
Adjusted for COL (100)
The average annual salary of $34,460 in Puerto Rico's nonmetropolitan areas aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is considerably lower than the national average, the purchasing power of this income is comparable to that of someone earning the national average salary in a location with a higher cost of living.
Job Market Context
230
Total Jobs
7.367
Per 1K Jobs
0.78
Location Quotient
Puerto Rico nonmetropolitan area has 0.78x 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.
A Location Quotient of 0.78 indicates that Accountants and Auditors are slightly less concentrated in Puerto Rico's nonmetropolitan areas compared to the national average. This suggests that while the profession is present, it is not a dominant sector, potentially offering a competitive environment for skilled professionals seeking opportunities.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Ponce, PR Accountants and Auditors Salary | $36,900↑ 7% | 15 mi |
| Arecibo, PR Accountants and Auditors Salary | $36,900↑ 7% | 19 mi |
| Mayaguez, PR Accountants and Auditors Salary | $39,560↑ 15% | 33 mi |
| Guayama, PR Accountants and Auditors Salary | $37,150↑ 8% | 36 mi |
| San Juan-Bayamon-Caguas, PR Accountants and Auditors Salary | $44,970↑ 30% | 37 mi |
Comparing salaries near Puerto Rico nonmetropolitan area
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Puerto Rico nonmetropolitan area?
The median annual salary for a Accountants and Auditors in Puerto Rico nonmetropolitan area is $34,460. This typically ranges from $21,870 for entry-level positions to $49,290 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Puerto Rico nonmetropolitan area is 63.5% lower than the national median of $94,430.
Is Puerto Rico nonmetropolitan area a lucrative place for Accountants and Auditors?
No, not in terms of nominal salary.The average salary of $34,460 is substantially lower than the national average of $94,430. However, the cost of living being at the national average means the purchasing power is relatively stable.
Is Puerto Rico nonmetropolitan area a good place to live for Accountants and Auditors?
The Cost of Living Index in Puerto Rico nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Puerto Rico nonmetropolitan area?
Some top paying nearby cities include Ponce, PR ($36,900) and Arecibo, PR.
How does the total workforce size affect job opportunities?
A total local workforce of 230 suggests a smaller, more niche market for Accountants and Auditors in Puerto Rico's nonmetropolitan areas, which could mean fewer openings but potentially less competition for specialized roles.
What does a Location Quotient of 0.78 mean for job seekers?
A Location Quotient below 1.0, like 0.78, indicates that Accountants and Auditors are less prevalent in this region compared to the national average, suggesting a potentially less saturated job market.
How does the cost of living impact the salary perception?
With a Cost of Living Index of 100, the $34,460 salary has the same purchasing power as the national average salary in a national average cost-of-living area, making the lower nominal wage more understandable.
What is the ratio of Accountants and Auditors to the general workforce?
There are approximately 7.367 Accountants and Auditors per 1,000 workers in Puerto Rico's nonmetropolitan areas, providing a benchmark for the profession's presence within the broader economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Puerto Rico nonmetropolitan area area with a job density of 7.367 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Accountants and Auditors Salaries by State
Top Jobs in Puerto Rico nonmetropolitan area
- All Occupations Salary in Puerto Rico nonmetropolitan area
- Production Occupations Salary in Puerto Rico nonmetropolitan area
- Office and Administrative Support Occupations Salary in Puerto Rico nonmetropolitan area
- Sales and Related Occupations Salary in Puerto Rico nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in Puerto Rico nonmetropolitan area
- Educational Instruction and Library Occupations Salary in Puerto Rico nonmetropolitan area
- Transportation and Material Moving Occupations Salary in Puerto Rico nonmetropolitan area
- Sewing Machine Operators Salary in Puerto Rico nonmetropolitan area
- Construction and Extraction Occupations Salary in Puerto Rico nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in Puerto Rico nonmetropolitan area
- Browse All Jobs in Puerto Rico nonmetropolitan area →
Semantic Salary Analysis for Accountants and Auditors • Data source: BLS OEWS 2024 •Jobs in Puerto Rico nonmetropolitan area