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Average Accountants and Auditors Salary in Raleigh-Cary, NC

Accountants and Auditors in the Raleigh-Cary, NC area earn an average annual salary of $92,050. This figure is slightly below the national average of $94,430, suggesting a localized compensation structure influenced by regional economic factors and industry demand within the Research Triangle.

Executive Summary

  • Average Salary: $92,050 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $134,390.
  • Outlook: The Raleigh-Cary region supports a substantial workforce of 7,710 Accountants and Auditors. With a Location Quotient of 1.13, this indicates a concentration of these professionals that is 13% higher than the national average, signaling a robust and potentially growing job market for this profession in the area.
2024 Market Data

Salary Overview

$92,050

The average Accountants and Auditors in Raleigh-Cary, NC earns-2.5%below the national average.

BreakdownBased on 40h/week
Hourly

$44.3

Weekly

$1,770

Monthly

$7,671

Accountants and Auditors Salary Distribution in Raleigh-Cary, NC

Career progression for Accountants and Auditors in Raleigh-Cary is clearly reflected in salary potential. Entry-level positions typically start at a lower percentile, while seasoned professionals with specialized skills and extensive experience can command salaries significantly above the average, reaching higher percentiles and demonstrating substantial earning potential throughout their careers.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$55,300$26.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$69,038$33.2
ManagerOversees team, compliance, and project delivery.50% (Median)$80,650$38.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$115,063$55.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$134,390$64.6

Detailed Accountants and Auditors Market Analysis

Relocation Context

Nominal Salary

$92,050

Gross Pay

Real Wage (Purchasing Power)

$92,050

Adjusted for COL (100)

The average annual salary of $92,050 in Raleigh-Cary aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an Accountant's or Auditor's salary in this area is equivalent to the national standard, making it a financially stable location for professionals.

Job Market Context

7,710

Total Jobs

10.649

Per 1K Jobs

1.13

Location Quotient

Above Average

With a location quotient of 1.13, Raleigh-Cary, NC has a slightly higher-than-average concentration of Accountants and Auditors roles compared to the national norm.

A Location Quotient of 1.13 for Accountants and Auditors in Raleigh-Cary signifies a healthy concentration of talent and job opportunities, exceeding the national average. This suggests that the market is not oversaturated but rather has a strong, established presence of these professionals, indicating good demand relative to the supply.

Nearby Job Markets

Nearby Cities for Accountants and Auditors

CitySalaryDist.
Durham-Chapel Hill, NC Accountants and Auditors Salary$96,370↑ 5%18 mi
Rocky Mount, NC Accountants and Auditors Salary$80,040↓ 13%48 mi
Goldsboro, NC Accountants and Auditors Salary$79,020↓ 14%49 mi
Burlington, NC Accountants and Auditors Salary$84,070↓ 9%49 mi
Fayetteville, NC Accountants and Auditors Salary$86,090↓ 6%55 mi

Comparing salaries near Raleigh-Cary, NC

Hiring Accountants and Auditorss?

Frequently Asked Questions

How much does a Accountants and Auditors make in Raleigh-Cary, NC?

The median annual salary for a Accountants and Auditors in Raleigh-Cary, NC is $92,050. This typically ranges from $55,300 for entry-level positions to $134,390 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Raleigh-Cary, NC is 2.5% lower than the national median of $94,430.

Is Raleigh-Cary, NC a lucrative place for Accountants and Auditors?

Yes, with a stable financial outlook.The average salary of $92,050 is competitive, especially when matched with a Cost of Living Index of 100, offering strong purchasing power. The higher-than-average concentration of these roles (LQ 1.13) also points to a healthy job market.

Is Raleigh-Cary, NC a good place to live for Accountants and Auditors?

The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Raleigh-Cary, NC?

Some top paying nearby cities include Durham-Chapel Hill, NC ($96,370) and Rocky Mount, NC.

How does the Raleigh-Cary salary compare to the national average?

The average salary of $92,050 in Raleigh-Cary is slightly lower than the national average of $94,430, by approximately 2.5%.

What does the Location Quotient of 1.13 mean for job seekers?

A Location Quotient of 1.13 indicates that Raleigh-Cary has a higher concentration of Accountants and Auditors than the national average, suggesting a strong demand and a potentially competitive job market.

How does the cost of living impact the salary in Raleigh-Cary?

With a Cost of Living Index of 100, the national average, the $92,050 salary in Raleigh-Cary offers purchasing power equivalent to the national standard, making it a financially balanced location.

What is the total number of Accountants and Auditors in Raleigh-Cary?

There are approximately 7,710 Accountants and Auditors employed in the Raleigh-Cary, NC area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,710 employees in the Raleigh-Cary, NC area with a job density of 10.649 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 Raleigh-Cary, NC