Average Accountants and Auditors Salary in Salem, OR
Accountants and Auditors in Salem, Oregon, earn an average annual salary of $87,640. This figure is slightly below the national average of $94,430, reflecting a localized compensation structure influenced by regional economic factors and the specific demand within the Salem metropolitan area.
Executive Summary
- Average Salary: $87,640 per year.
- Growth Trend: Salaries have shifted 18.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $120,680.
- Outlook: With a local workforce of 1,520 Accountants and Auditors, Salem, OR, presents a stable, albeit not hyper-concentrated, job market for these professionals. The location quotient of 0.87 suggests that the concentration of these roles is slightly below the national average, indicating a balanced demand that is neither saturated nor exceptionally scarce.
Salary Overview
The average Accountants and Auditors in Salem, OR earns-7.2%below the national average.
$42.1
$1,685
$7,303
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Salem is not provided, it is reasonable to assume that the salary landscape for Accountants and Auditors in Salem, OR, has mirrored national trends over the past four years, likely experiencing steady growth. This growth is typically driven by inflation, increasing demand for financial expertise, and the evolving complexities of financial regulations.
Accountants and Auditors Salary Distribution in Salem, OR
Career progression for Accountants and Auditors in Salem, OR, is typically marked by significant salary increases with experience. Entry-level positions may start at a lower percentile, but as professionals gain expertise and move into senior or specialized roles, their earning potential can climb substantially, with senior accountants often commanding salaries well above the average.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $61,020 | $29.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $65,730 | $31.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $81,140 | $39 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $109,550 | $52.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $120,680 | $58 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$87,640
Gross Pay
Real Wage (Purchasing Power)
$87,640
Adjusted for COL (100)
The average annual salary of $87,640 in Salem, OR, 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 Salem is equivalent to the national standard, offering a stable financial footing for residents.
Job Market Context
1,520
Total Jobs
8.171
Per 1K Jobs
0.87
Location Quotient
Salem, OR has 0.87x 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 0.87 for Accountants and Auditors in Salem, OR, indicates a slightly lower concentration of these professionals compared to the national average. This suggests a healthy job market where demand is present but not overwhelmingly competitive, offering good opportunities for skilled individuals without intense market saturation.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Albany, OR Accountants and Auditors Salary | $83,860↓ 4% | 21 mi |
| Corvallis, OR Accountants and Auditors Salary | $81,230↓ 7% | 27 mi |
| Portland-Vancouver-Hillsboro, OR-WA Accountants and Auditors Salary | $93,500↑ 7% | 44 mi |
| Coast Oregon nonmetropolitan area Accountants and Auditors Salary | $80,410↓ 8% | 53 mi |
| Eastern Oregon nonmetropolitan area Accountants and Auditors Salary | $79,510↓ 9% | 53 mi |
Comparing salaries near Salem, OR
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Salem, OR?
The median annual salary for a Accountants and Auditors in Salem, OR is $87,640. This typically ranges from $61,020 for entry-level positions to $120,680 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Salem, OR is 7.2% lower than the national median of $94,430.
Is Salem, OR a lucrative place for Accountants and Auditors?
Yes, with a stable financial outlook.Salem, OR offers an average salary of $87,640, which, when matched with a cost of living index of 100, provides purchasing power equivalent to the national average.
Is Salem, OR a good place to live for Accountants and Auditors?
The Cost of Living Index in Salem, OR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Salem, OR?
Some top paying nearby cities include Albany, OR ($83,860) and Corvallis, OR.
How does Salem's Accountant salary compare to the national average?
The average annual salary for Accountants and Auditors in Salem, OR, is $87,640, which is approximately 7.1% lower than the national average of $94,430.
What is the concentration of Accountants and Auditors in Salem, OR?
Salem, OR has a location quotient of 0.87 for Accountants and Auditors, meaning the profession is slightly less concentrated than the national average.
How does the cost of living in Salem, OR affect salary perception?
With a cost of living index of 100, Salem's cost of living is exactly at the national average, making the $87,640 salary offer comparable purchasing power to the national average salary.
What is the total number of Accountants and Auditors in Salem, OR?
There are approximately 1,520 Accountants and Auditors employed within the Salem, OR metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,520 employees in the Salem, OR area with a job density of 8.171 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 Salem, OR