Average Accountants and Auditors Salary in Rocky Mount, NC
Accountants and Auditors in Rocky Mount, NC, earn an average annual salary of $80,040. This figure is notably below the national average of $94,430, suggesting that local market dynamics, such as industry concentration and demand, play a significant role in compensation within this region.
Executive Summary
- Average Salary: $80,040 per year.
- Growth Trend: Salaries have shifted 2.2% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $125,290.
- Outlook: With a local workforce of 350 Accountants and Auditors, Rocky Mount, NC, presents a moderate employment landscape for this profession. The location quotient of 0.68 indicates a slightly lower concentration of these roles compared to the national average, suggesting that while opportunities exist, the market is not saturated, offering a stable environment for professionals.
Salary Overview
The average Accountants and Auditors in Rocky Mount, NC earns-15.2%below the national average.
$38.5
$1,539
$6,670
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Rocky Mount is not provided, it is generally assumed that the accounting and auditing profession has experienced steady salary growth over the past four years, mirroring national trends. Factors such as increasing regulatory complexity and the demand for financial expertise likely contribute to this upward salary trajectory, even in regional markets.
Accountants and Auditors Salary Distribution in Rocky Mount, NC
Salary progression for Accountants and Auditors in Rocky Mount, NC, typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and extensive experience can command salaries in the higher percentiles. The widening gap between entry-level and senior-level salaries reflects significant career advancement opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,620 | $23.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $60,030 | $28.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $73,450 | $35.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $100,050 | $48.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $125,290 | $60.2 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$80,040
Gross Pay
Real Wage (Purchasing Power)
$80,040
Adjusted for COL (100)
The nominal average salary of $80,040 in Rocky Mount, NC, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of an Accountant's salary in Rocky Mount is equivalent to the national average, offering a balanced financial standing for residents.
Job Market Context
350
Total Jobs
6.424
Per 1K Jobs
0.68
Location Quotient
Rocky Mount, NC has 0.68x 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 0.68 for Accountants and Auditors in Rocky Mount, NC, signifies that the profession is less concentrated locally than the national average. This suggests that while the demand might not be exceptionally high, the market is less competitive, potentially offering a more accessible entry point for new professionals or those seeking to relocate.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Greenville, NC Accountants and Auditors Salary | $82,450↑ 3% | 35 mi |
| Goldsboro, NC Accountants and Auditors Salary | $79,020↓ 1% | 42 mi |
| Raleigh-Cary, NC Accountants and Auditors Salary | $92,050↑ 15% | 48 mi |
| Durham-Chapel Hill, NC Accountants and Auditors Salary | $96,370↑ 20% | 61 mi |
| Jacksonville, NC Accountants and Auditors Salary | $73,170↓ 9% | 89 mi |
Comparing salaries near Rocky Mount, NC
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Rocky Mount, NC?
The median annual salary for a Accountants and Auditors in Rocky Mount, NC is $80,040. This typically ranges from $48,620 for entry-level positions to $125,290 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rocky Mount, NC is 15.2% lower than the national median of $94,430.
Is Rocky Mount, NC a lucrative place for Accountants and Auditors?
No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average salary for Accountants and Auditors in Rocky Mount is below the national average. This indicates that while financially stable, it may not be the most lucrative location for maximizing income in this field.
Is Rocky Mount, NC a good place to live for Accountants and Auditors?
The Cost of Living Index in Rocky Mount, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rocky Mount, NC?
Some top paying nearby cities include Greenville, NC ($82,450) and Goldsboro, NC.
How does the Rocky Mount salary compare to the national average?
The average annual salary for Accountants and Auditors in Rocky Mount, NC, is $80,040, which is approximately $14,390 less than the national average of $94,430.
What is the concentration of Accountants and Auditors in Rocky Mount?
The concentration, measured by the location quotient, is 0.68, indicating that the proportion of Accountants and Auditors in Rocky Mount is lower than the national average.
How does the cost of living affect the salary in Rocky Mount?
The cost of living in Rocky Mount is at the national average (index of 100), meaning the $80,040 salary has average purchasing power relative to the rest of the country.
What does the job market look like for Accountants and Auditors in Rocky Mount?
With 6.424 jobs per 1,000 workers and a total local workforce of 350, the market offers steady opportunities, though it is less concentrated than the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Rocky Mount, NC area with a job density of 6.424 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 Rocky Mount, NC