Average Accountants and Auditors Salary in Racine-Mount Pleasant, WI
Accountants and Auditors in Racine-Mount Pleasant, WI, earn an average annual salary of $84,600. This figure is notably below the national average of $94,430, suggesting that local market dynamics and potentially regional demand influence compensation levels. While the cost of living aligns with the national benchmark, the slightly lower average salary indicates a less competitive hiring landscape compared to other areas.
Executive Summary
- Average Salary: $84,600 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $124,470.
- Outlook: The Accountant and Auditor job market in Racine-Mount Pleasant, WI, is characterized by a local workforce of 560 professionals. With a Location Quotient of 0.78, the concentration of these roles is slightly below the national average, indicating a stable but not exceptionally high demand. The presence of 7.328 jobs per 1,000 workers suggests a consistent need for accounting and auditing services within the region's economic structure.
Salary Overview
The average Accountants and Auditors in Racine-Mount Pleasant, WI earns-10.4%below the national average.
$40.7
$1,627
$7,050
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Accountants and Auditors in Racine-Mount Pleasant, WI, have experienced growth over the past four years, mirroring national trends. Economic expansion, evolving regulatory landscapes, and the increasing complexity of financial reporting likely contribute to upward pressure on compensation, even if the rate of growth may vary regionally.
Accountants and Auditors Salary Distribution in Racine-Mount Pleasant, WI
Salary progression for Accountants and Auditors is typically tied to experience and specialization. Entry-level positions will command salaries at the lower end of the spectrum, while senior accountants and auditors with specialized knowledge or management responsibilities can expect significantly higher earnings. The percentile gaps in salary distribution reflect this career trajectory, with experienced professionals occupying the higher earning brackets.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $54,840 | $26.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $63,450 | $30.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $78,260 | $37.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $105,750 | $50.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $124,470 | $59.8 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$84,600
Gross Pay
Real Wage (Purchasing Power)
$84,600
Adjusted for COL (100)
The average annual salary of $84,600 in Racine-Mount Pleasant, WI, is directly comparable to the national average cost of living, which stands at 100. This means that the nominal income earned by accountants and auditors in this area holds its purchasing power at the national standard. While the salary is below the national average for the profession, the equivalent cost of living suggests that the take-home pay is not significantly disadvantaged in terms of real value.
Job Market Context
560
Total Jobs
7.328
Per 1K Jobs
0.78
Location Quotient
Racine-Mount Pleasant, WI 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.
With a Location Quotient of 0.78, Racine-Mount Pleasant, WI, has a slightly lower concentration of Accountants and Auditors compared to the national average. This suggests that while the profession is present and necessary, the market may not be saturated. This could present opportunities for skilled professionals, but also indicates that the demand might not be as robust as in areas with a higher concentration, potentially leading to more moderate salary growth.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Kenosha, WI Accountants and Auditors Salary | $85,940↑ 2% | 10 mi |
| Milwaukee-Waukesha, WI Accountants and Auditors Salary | $90,070↑ 6% | 25 mi |
| Chicago-Naperville-Elgin, IL-IN Accountants and Auditors Salary | $92,100↑ 9% | 59 mi |
| Janesville-Beloit, WI Accountants and Auditors Salary | $83,990↓ 1% | 61 mi |
| Sheboygan, WI Accountants and Auditors Salary | $89,240↑ 5% | 70 mi |
Comparing salaries near Racine-Mount Pleasant, WI
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Racine-Mount Pleasant, WI?
The median annual salary for a Accountants and Auditors in Racine-Mount Pleasant, WI is $84,600. This typically ranges from $54,840 for entry-level positions to $124,470 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Racine-Mount Pleasant, WI is 10.4% lower than the national median of $94,430.
Is Racine-Mount Pleasant, WI a lucrative place for Accountants and Auditorss?
No, not exceptionally lucrative compared to the national average.The average salary of $84,600 is below the national average of $94,430, although the cost of living is on par with the national average. This indicates that while purchasing power is maintained, the absolute earning potential is lower than the national benchmark.
Is Racine-Mount Pleasant, WI a good place to live for Accountants and Auditors?
The Cost of Living Index in Racine-Mount Pleasant, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Racine-Mount Pleasant, WI?
Some top paying nearby cities include Kenosha, WI ($85,940) and Milwaukee-Waukesha, WI.
How does the cost of living in Racine-Mount Pleasant, WI affect Accountant salaries?
The cost of living in Racine-Mount Pleasant, WI, is exactly at the national average (100). This means that the average salary of $84,600 has the same purchasing power as it would in a typical US city, making the nominal salary's value directly comparable to national standards.
What is the job market like for Accountants and Auditors in Racine-Mount Pleasant, WI?
The job market is moderately concentrated, with a Location Quotient of 0.78, indicating fewer accountants and auditors per capita than the national average. This suggests a stable demand without being overly competitive.
How does Racine-Mount Pleasant, WI compare to the national average for Accountant salaries?
Accountants and Auditors in Racine-Mount Pleasant, WI, earn an average of $84,600 annually, which is approximately $9,830 less than the national average of $94,430.
What is the total number of Accountants and Auditors in Racine-Mount Pleasant, WI?
There are approximately 560 Accountants and Auditors employed in the Racine-Mount Pleasant, WI area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 560 employees in the Racine-Mount Pleasant, WI area with a job density of 7.328 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 Racine-Mount Pleasant, WI