Average Accountants and Auditors Salary in Reading, PA
Accountants and Auditors in Reading, PA earn an average annual salary of $84,230. This figure is notably below the national average of $94,430, suggesting that local market dynamics, such as industry demand and the specific economic landscape of Reading, play a significant role in compensation levels.
Executive Summary
- Average Salary: $84,230 per year.
- Growth Trend: Salaries have shifted 16.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $123,570.
- Outlook: With a local workforce of 1,290 Accountants and Auditors, Reading, PA presents a stable, albeit not exceptionally concentrated, job market for these professionals. The Location Quotient of 0.8 indicates a presence that is slightly below the national average in terms of concentration, suggesting a steady demand that aligns with the general economic activity of the region rather than a specialized boom.
Salary Overview
The average Accountants and Auditors in Reading, PA earns-10.8%below the national average.
$40.5
$1,620
$7,019
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Reading, PA is not provided, it is reasonable to assume that salaries for Accountants and Auditors in the area have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for financial expertise, and the evolving complexity of accounting regulations.
Accountants and Auditors Salary Distribution in Reading, PA
Salary progression for Accountants and Auditors in Reading, PA, like elsewhere, is strongly tied to experience. Entry-level positions typically fall within the lower percentiles, while seasoned professionals with specialized skills and extensive experience can command salaries in the upper percentiles. The increasing salary gaps between experience levels highlight clear pathways for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,970 | $24 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $63,173 | $30.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,700 | $36.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $105,288 | $50.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $123,570 | $59.4 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$84,230
Gross Pay
Real Wage (Purchasing Power)
$84,230
Adjusted for COL (100)
The nominal average salary of $84,230 in Reading, PA, 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 Reading is equivalent to the national average, offering a balanced financial environment where income effectively meets expenses.
Job Market Context
1,290
Total Jobs
7.516
Per 1K Jobs
0.8
Location Quotient
Reading, PA has 0.80x 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 0.8 for Accountants and Auditors in Reading, PA, signifies that the profession is slightly less concentrated here compared to the national average. This suggests that while the job market is present and functional, it may not be saturated, potentially offering a moderate level of competition for skilled professionals seeking employment in the area.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Lebanon, PA Accountants and Auditors Salary | $75,610↓ 10% | 26 mi |
| Lancaster, PA Accountants and Auditors Salary | $77,890↓ 8% | 29 mi |
| Allentown-Bethlehem-Easton, PA-NJ Accountants and Auditors Salary | $84,670↑ 1% | 30 mi |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Accountants and Auditors Salary | $96,390↑ 14% | 48 mi |
| York-Hanover, PA Accountants and Auditors Salary | $81,910↓ 3% | 50 mi |
Comparing salaries near Reading, PA
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Frequently Asked Questions
How much does a Accountants and Auditors make in Reading, PA?
The median annual salary for a Accountants and Auditors in Reading, PA is $84,230. This typically ranges from $49,970 for entry-level positions to $123,570 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Reading, PA is 10.8% lower than the national median of $94,430.
Is Reading, PA a lucrative place for Accountants and Auditors?
No, Reading, PA is not a particularly lucrative place for Accountants and Auditors compared to the national average.The average salary of $84,230 is below the national average, although the cost of living is on par with the national average.
Is Reading, PA a good place to live for Accountants and Auditors?
The Cost of Living Index in Reading, PA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Reading, PA?
Some top paying nearby cities include Lebanon, PA ($75,610) and Lancaster, PA.
How does the Reading, PA salary compare to the national average?
The average annual salary for Accountants and Auditors in Reading, PA is $84,230, which is approximately $10,200 less than the national average of $94,430.
What is the job market like for Accountants and Auditors in Reading, PA?
The job market is stable with a local workforce of 1,290 professionals. The Location Quotient of 0.8 suggests a slightly lower concentration than the national average, indicating steady but not exceptionally high demand.
Does the cost of living in Reading, PA affect salary expectations?
No, the cost of living in Reading, PA is exactly at the national average (100). This means the $84,230 salary has the same purchasing power as the national average salary.
How many Accountants and Auditors are there per 1,000 workers in Reading, PA?
There are approximately 7.516 Accountants and Auditors per 1,000 workers in Reading, PA, reflecting the local employment landscape for this profession.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,290 employees in the Reading, PA area with a job density of 7.516 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 Reading, PA