Average Accountants and Auditors Salary in Scranton--Wilkes-Barre, PA
Accountants and Auditors in the Scranton--Wilkes-Barre, PA area earn an average annual salary of $74,310. This figure is notably below the national average of $94,430, suggesting that local economic factors and industry demand play a significant role in compensation within this region. While the nominal salary may seem lower, understanding the local economic landscape is crucial for a complete picture.
Executive Summary
- Average Salary: $74,310 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $116,870.
- Outlook: The Scranton--Wilkes-Barre area supports a local workforce of 1,560 Accountants and Auditors. With a Location Quotient of 0.66, the concentration of these professionals is below the national average, indicating a potentially less saturated market compared to other regions. The presence of 6.155 jobs per 1,000 workers suggests a steady, albeit not exceptionally high, demand for accounting and auditing services in the area.
Salary Overview
The average Accountants and Auditors in Scranton--Wilkes-Barre, PA earns-21.3%below the national average.
$35.7
$1,429
$6,193
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Scranton--Wilkes-Barre is not provided, it is generally observed that salaries for Accountants and Auditors across the nation have seen consistent growth over the past four years. This trend is typically driven by increasing regulatory complexity, evolving business needs, and a persistent demand for skilled financial professionals. It's reasonable to assume that the Scranton--Wilkes-Barre market has also experienced some level of salary appreciation, though potentially at a different pace than national averages.
Accountants and Auditors Salary Distribution in Scranton--Wilkes-Barre, PA
Salary progression for Accountants and Auditors is strongly tied to experience and specialization. Entry-level positions typically fall within the lower percentiles, while seasoned professionals with specialized skills, such as forensic accounting or advanced auditing techniques, command significantly higher salaries, often reaching the upper percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities and the increasing value placed on expertise within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,460 | $21.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $55,733 | $26.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $67,530 | $32.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $92,888 | $44.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $116,870 | $56.2 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$74,310
Gross Pay
Real Wage (Purchasing Power)
$74,310
Adjusted for COL (100)
The average annual salary of $74,310 in Scranton--Wilkes-Barre, PA, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Accountant and Auditor's salary in this region is directly comparable to the national average. While the nominal salary is lower than the national average, the equivalent cost of living suggests that the take-home pay effectively stretches as far as it would in a typical U.S. city.
Job Market Context
1,560
Total Jobs
6.155
Per 1K Jobs
0.66
Location Quotient
Scranton--Wilkes-Barre, PA has 0.66x 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 0.66 for Accountants and Auditors in Scranton--Wilkes-Barre indicates that this profession is less concentrated in the area compared to the national average. This suggests that while there is a stable workforce, the demand might not be overwhelmingly high, or the supply of professionals is relatively balanced with the needs of local businesses. It implies a moderately competitive market where skilled professionals can find opportunities without facing extreme competition.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Binghamton, NY Accountants and Auditors Salary | $86,560↑ 16% | 50 mi |
| Allentown-Bethlehem-Easton, PA-NJ Accountants and Auditors Salary | $84,670↑ 14% | 57 mi |
| Southwest New York nonmetropolitan area Accountants and Auditors Salary | $89,680↑ 21% | 64 mi |
| Central East New York nonmetropolitan area Accountants and Auditors Salary | $87,370↑ 18% | 64 mi |
| Capital/Northern New York nonmetropolitan area Accountants and Auditors Salary | $83,730↑ 13% | 64 mi |
Comparing salaries near Scranton--Wilkes-Barre, PA
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Frequently Asked Questions
How much does a Accountants and Auditors make in Scranton--Wilkes-Barre, PA?
The median annual salary for a Accountants and Auditors in Scranton--Wilkes-Barre, PA is $74,310. This typically ranges from $44,460 for entry-level positions to $116,870 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Scranton--Wilkes-Barre, PA is 21.3% lower than the national median of $94,430.
Is Scranton--Wilkes-Barre, PA a lucrative place for Accountants and Auditorss?
No, not exceptionally lucrative compared to national averages.The average salary of $74,310 is below the national average, though the cost of living is also at the national average, making the effective purchasing power comparable. The market concentration is also below the national average.
Is Scranton--Wilkes-Barre, PA a good place to live for Accountants and Auditors?
The Cost of Living Index in Scranton--Wilkes-Barre, PA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Scranton--Wilkes-Barre, PA?
Some top paying nearby cities include Binghamton, NY ($86,560) and Allentown-Bethlehem-Easton, PA-NJ.
How does the Scranton--Wilkes-Barre salary compare to the national average?
The average annual salary for Accountants and Auditors in Scranton--Wilkes-Barre, PA is $74,310, which is significantly lower than the national average of $94,430.
What is the Cost of Living in Scranton--Wilkes-Barre, PA for Accountants and Auditors?
The Cost of Living Index in Scranton--Wilkes-Barre, PA is 100, which is exactly the national average. This means your salary has average purchasing power.
How concentrated is the Accountant and Auditor job market in Scranton--Wilkes-Barre, PA?
The job market for Accountants and Auditors is less concentrated than the national average, with a Location Quotient of 0.66, indicating a moderate level of competition.
What is the total workforce of Accountants and Auditors in Scranton--Wilkes-Barre, PA?
There are approximately 1,560 Accountants and Auditors employed in the Scranton--Wilkes-Barre, PA area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,560 employees in the Scranton--Wilkes-Barre, PA area with a job density of 6.155 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 Scranton--Wilkes-Barre, PA