Average Accountants and Auditors Salary in Rochester, NY
Accountants and Auditors in Rochester, NY, earn an average annual salary of $91,330. This figure is slightly below the national average of $94,430, indicating a localized compensation structure influenced by regional economic factors and the specific demand within the Rochester area. The presence of a substantial local workforce contributes to this dynamic.
Executive Summary
- Average Salary: $91,330 per year.
- Growth Trend: Salaries have shifted 26.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $136,390.
- Outlook: With a total local workforce of 4,710 Accountants and Auditors, Rochester, NY, presents a moderately sized but stable job market for these professionals. The Location Quotient of 1.02 suggests a concentration of these roles that is very close to the national average, indicating a healthy and consistent demand that aligns with broader industry trends.
Salary Overview
The average Accountants and Auditors in Rochester, NY earns-3.3%below the national average.
$43.9
$1,756
$7,611
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that the demand for skilled Accountants and Auditors in Rochester has seen steady growth over the past four years, mirroring national trends. This sustained demand likely translates to incremental salary increases, reflecting the evolving responsibilities and the ongoing need for financial expertise in the region.
Accountants and Auditors Salary Distribution in Rochester, NY
Salary progression for Accountants and Auditors in Rochester, NY, typically scales significantly with experience. Entry-level positions may start at a lower percentile, but with accumulated expertise and demonstrated proficiency, professionals can advance to senior roles commanding higher salaries. The widening gap between entry-level and senior-level earnings underscores the value of experience and specialization in career advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $56,360 | $27.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $68,498 | $32.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $80,390 | $38.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $114,163 | $54.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $136,390 | $65.6 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$91,330
Gross Pay
Real Wage (Purchasing Power)
$91,330
Adjusted for COL (100)
The nominal average salary of $91,330 in Rochester, NY, is perfectly aligned with the national average cost of living, which stands at an index of 100. This means that the purchasing power of an Accountant's or Auditor's salary in Rochester is equivalent to the national average, suggesting a balanced economic environment where income effectively covers expenses.
Job Market Context
4,710
Total Jobs
9.594
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Rochester, NY has a slightly higher-than-average concentration of Accountants and Auditors roles compared to the national norm.
Rochester, NY, exhibits a Location Quotient of 1.02 for Accountants and Auditors, indicating a job market that is almost perfectly aligned with the national average in terms of professional concentration. This suggests a competitive yet stable environment where the number of professionals is proportionate to the available opportunities, making it neither overly saturated nor exceptionally scarce.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Buffalo-Cheektowaga, NY Accountants and Auditors Salary | $91,260↓ 0% | 65 mi |
| Syracuse, NY Accountants and Auditors Salary | $89,860↓ 2% | 75 mi |
| Ithaca, NY Accountants and Auditors Salary | $88,760↓ 3% | 75 mi |
| Elmira, NY Accountants and Auditors Salary | $88,310↓ 3% | 85 mi |
Comparing salaries near Rochester, NY
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Rochester, NY?
The median annual salary for a Accountants and Auditors in Rochester, NY is $91,330. This typically ranges from $56,360 for entry-level positions to $136,390 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rochester, NY is 3.3% lower than the national median of $94,430.
Is Rochester, NY a lucrative place for Accountants and Auditors?
Yes, Rochester, NY offers a competitive salary for Accountants and Auditors.The average salary of $91,330 is robust, and with a cost of living index of 100, it provides strong purchasing power equivalent to the national average.
Is Rochester, NY a good place to live for Accountants and Auditors?
The Cost of Living Index in Rochester, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rochester, NY?
Some top paying nearby cities include Buffalo-Cheektowaga, NY ($91,260) and Syracuse, NY.
How does Rochester's Accountant salary compare to the national average?
The average annual salary for Accountants and Auditors in Rochester, NY, is $91,330, which is slightly below the national average of $94,430.
What is the concentration of Accountants and Auditors in Rochester, NY?
Rochester, NY has a Location Quotient of 1.02 for Accountants and Auditors, indicating a concentration that is very close to the national average.
How does the cost of living in Rochester, NY affect salary value?
With a Cost of Living Index of 100, Rochester's cost of living is exactly at the national average, meaning the $91,330 salary offers purchasing power equivalent to the national median.
What is the total number of Accountants and Auditors in Rochester, NY?
There are approximately 4,710 Accountants and Auditors employed in the Rochester, NY area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,710 employees in the Rochester, NY area with a job density of 9.594 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 Rochester, NY