Average Accountants and Auditors Salary in South Arkansas nonmetropolitan area
Accountants and Auditors in the South Arkansas nonmetropolitan area earn an average annual salary of $69,030. This figure is notably lower than the national average of $94,430, reflecting regional economic factors and a less concentrated demand for these specialized roles. The specific economic landscape and industry presence within South Arkansas directly influence compensation levels for financial professionals.
Executive Summary
- Average Salary: $69,030 per year.
- Growth Trend: Salaries have shifted 11.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $118,730.
- Outlook: The job market for Accountants and Auditors in South Arkansas appears stable, with a local workforce of 520 professionals. The Location Quotient of 0.46 suggests that while the profession is present, it is less concentrated than the national average, indicating a moderate but not exceptionally high demand relative to other occupations in the region.
Salary Overview
The average Accountants and Auditors in South Arkansas nonmetropolitan area earns-26.9%below the national average.
$33.2
$1,328
$5,753
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Accountants and Auditors have experienced gradual growth over the past four years, mirroring national trends. Economic recovery and increasing business complexity typically drive modest annual increases in compensation for skilled financial professionals.
Accountants and Auditors Salary Distribution in South Arkansas nonmetropolitan area
Career progression for Accountants and Auditors typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior roles, those with specialized certifications, or those in management positions can command substantially higher salaries, often reaching into the upper percentiles of the reported average.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,590 | $18.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $51,773 | $24.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $62,230 | $29.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $86,288 | $41.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $118,730 | $57.1 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$69,030
Gross Pay
Real Wage (Purchasing Power)
$69,030
Adjusted for COL (100)
The nominal average salary of $69,030 in South Arkansas is positioned directly against a Cost of Living Index of 100, which is the national average. This means that the purchasing power of an Accountant's salary in this region is equivalent to the national average, offering a balanced financial standing relative to the cost of goods and services.
Job Market Context
520
Total Jobs
4.345
Per 1K Jobs
0.46
Location Quotient
At 0.46x, South Arkansas nonmetropolitan area has a notably lower concentration of Accountants and Auditors jobs than the national average. Opportunities in this area are relatively scarce for this profession.
With a Location Quotient of 0.46, the market for Accountants and Auditors in South Arkansas is less concentrated than the national average. This suggests that while opportunities exist, the field is not as saturated, potentially offering a more accessible entry point for new professionals compared to highly concentrated metropolitan areas, but also indicating a potentially smaller pool of advanced roles.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Little Rock-North Little Rock-Conway, AR Accountants and Auditors Salary | $75,210↑ 9% | 17 mi |
| Hot Springs, AR Accountants and Auditors Salary | $79,070↑ 15% | 51 mi |
Comparing salaries near South Arkansas nonmetropolitan area
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in South Arkansas nonmetropolitan area?
The median annual salary for a Accountants and Auditors in South Arkansas nonmetropolitan area is $69,030. This typically ranges from $38,590 for entry-level positions to $118,730 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in South Arkansas nonmetropolitan area is 26.9% lower than the national median of $94,430.
Is South Arkansas nonmetropolitan area a lucrative place for Accountants and Auditors?
No, it is not considered lucrative compared to national averages.The average salary of $69,030 is significantly below the national average of $94,430, indicating lower earning potential in this region.
Is South Arkansas nonmetropolitan area a good place to live for Accountants and Auditors?
The Cost of Living Index in South Arkansas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near South Arkansas nonmetropolitan area?
Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($75,210) and Hot Springs, AR.
How does the local salary compare to the national average?
The average salary for Accountants and Auditors in South Arkansas is $69,030, which is considerably lower than the national average of $94,430.
What is the concentration of Accountants and Auditors in South Arkansas?
The Location Quotient of 0.46 indicates that Accountants and Auditors are less concentrated in South Arkansas compared to the national average, suggesting a smaller presence relative to other professions.
How does the cost of living affect the salary in South Arkansas?
With a Cost of Living Index of 100 (the national average), the $69,030 salary in South Arkansas offers purchasing power equivalent to the national average, despite being a lower nominal figure.
What is the total number of Accountants and Auditors in South Arkansas?
There are approximately 520 Accountants and Auditors employed in the South Arkansas nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 520 employees in the South Arkansas nonmetropolitan area area with a job density of 4.345 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Accountants and Auditors Salaries by State
Top Jobs in South Arkansas nonmetropolitan area
- All Occupations Salary in South Arkansas nonmetropolitan area
- Production Occupations Salary in South Arkansas nonmetropolitan area
- Office and Administrative Support Occupations Salary in South Arkansas nonmetropolitan area
- Transportation and Material Moving Occupations Salary in South Arkansas nonmetropolitan area
- Sales and Related Occupations Salary in South Arkansas nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in South Arkansas nonmetropolitan area
- Educational Instruction and Library Occupations Salary in South Arkansas nonmetropolitan area
- Management Occupations Salary in South Arkansas nonmetropolitan area
- Installation, Maintenance, and Repair Occupations Salary in South Arkansas nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in South Arkansas nonmetropolitan area
- Browse All Jobs in South Arkansas nonmetropolitan area →
Semantic Salary Analysis for Accountants and Auditors • Data source: BLS OEWS 2024 •Jobs in South Arkansas nonmetropolitan area