Average Accountants and Auditors Salary in Redding, CA
Accountants and Auditors in Redding, California, earn an average annual salary of $86,940. This figure is notably below the national average of $94,430, suggesting that local market dynamics and potentially a lower demand for specialized accounting services influence compensation in this region. The specific economic landscape of Redding shapes the earning potential for these finance professionals.
Executive Summary
- Average Salary: $86,940 per year.
- Growth Trend: Salaries have shifted 30.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $127,420.
- Outlook: The accounting and auditing job market in Redding, CA, is characterized by a local workforce of 460 professionals. With a Location Quotient of 0.71, the concentration of these roles is slightly below the national average, indicating a moderate but not exceptionally high demand relative to other occupations. The presence of 6.65 jobs per 1,000 workers suggests a stable, albeit not rapidly expanding, employment environment for accountants and auditors in the area.
Salary Overview
The average Accountants and Auditors in Redding, CA earns-7.9%below the national average.
$41.8
$1,672
$7,245
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Redding is not provided, it is generally observed that salaries for Accountants and Auditors nationwide have experienced consistent growth over the past four years, driven by inflation, increasing complexity of financial regulations, and a persistent need for skilled professionals. It is reasonable to assume that Redding's market has followed a similar, albeit potentially more modest, upward trend in compensation.
Accountants and Auditors Salary Distribution in Redding, CA
Career progression for Accountants and Auditors in Redding, CA, typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and a proven track record can command salaries in the upper percentiles. The widening gap between entry-level and senior roles reflects the value placed on expertise, strategic financial management, and leadership capabilities within the profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,700 | $24.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $65,205 | $31.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $79,100 | $38 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $108,675 | $52.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $127,420 | $61.3 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$86,940
Gross Pay
Real Wage (Purchasing Power)
$86,940
Adjusted for COL (100)
The average annual salary of $86,940 for Accountants and Auditors in Redding, CA, aligns perfectly with the national average cost of living, as indicated by the Cost of Living Index of 100. This means that the purchasing power of an accountant's salary in Redding is equivalent to that of an accountant earning the national average in a typical U.S. city, making relocation financially neutral from a cost-of-living perspective.
Job Market Context
460
Total Jobs
6.65
Per 1K Jobs
0.71
Location Quotient
Redding, CA has 0.71x 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 0.71, Redding, CA, 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 job market may not be as saturated as in larger metropolitan areas. This could translate to a more competitive landscape for job seekers, but also potentially more opportunities for those with in-demand skills to stand out.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Chico, CA Accountants and Auditors Salary | $86,520↓ 0% | 63 mi |
Comparing salaries near Redding, CA
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Redding, CA?
The median annual salary for a Accountants and Auditors in Redding, CA is $86,940. This typically ranges from $50,700 for entry-level positions to $127,420 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Redding, CA is 7.9% lower than the national median of $94,430.
Is Redding, CA a lucrative place for Accountants and Auditors?
No, not exceptionally lucrative compared to the national average.While the average salary of $86,940 is substantial, it falls below the national average of $94,430. However, the cost of living is also at the national average, meaning the salary's purchasing power is equivalent.
Is Redding, CA a good place to live for Accountants and Auditors?
The Cost of Living Index in Redding, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Redding, CA?
Some top paying nearby cities include Chico, CA ($86,520) and others.
How does the Redding Accountant salary compare to the national average?
The average annual salary for Accountants and Auditors in Redding, CA, is $86,940, which is lower than the national average of $94,430.
What is the concentration of Accountants and Auditors in Redding, CA?
The concentration, measured by the Location Quotient, is 0.71, indicating that the proportion of Accountants and Auditors in Redding is slightly lower than the national average.
How does the cost of living in Redding affect the salary?
Redding's Cost of Living Index is 100, which is the national average. Therefore, the $86,940 salary in Redding has the same purchasing power as the national average salary in a typical U.S. city.
What does the job market look like for Accountants and Auditors in Redding?
There are approximately 460 Accountants and Auditors in Redding, with 6.65 jobs per 1,000 workers, suggesting a stable but not overly dense job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 460 employees in the Redding, CA area with a job density of 6.65 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 Redding, CA