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Average Accountants and Auditors Salary in South Florida nonmetropolitan area

Accountants and Auditors in South Florida's nonmetropolitan areas earn an average annual salary of $86,800. This figure is notably below the national average of $94,430, suggesting that regional economic factors and demand dynamics play a significant role in compensation within this specific locale.

Executive Summary

  • Average Salary: $86,800 per year.
  • Growth Trend: Salaries have shifted 14.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $131,950.
  • Outlook: The South Florida nonmetropolitan area supports a workforce of 490 Accountants and Auditors. With a Location Quotient of 0.61, the concentration of these professionals is below the national average, indicating a less saturated market compared to national benchmarks. This suggests a stable, albeit not booming, demand for accounting services in the region.
2024 Market Data

Salary Overview

$86,800

The average Accountants and Auditors in South Florida nonmetropolitan area earns-8.1%below the national average.

BreakdownBased on 40h/week
Hourly

$41.7

Weekly

$1,669

Monthly

$7,233

Accountants and Auditors Salary Distribution in South Florida nonmetropolitan area

Career progression for Accountants and Auditors typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, while senior roles and specialized positions command higher salaries, reflecting accumulated knowledge, leadership responsibilities, and a proven track record. The widening salary gap between experience levels signifies clear career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$48,100$23.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$65,100$31.3
ManagerOversees team, compliance, and project delivery.50% (Median)$78,940$38
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$108,500$52.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$131,950$63.4

Detailed Accountants and Auditors Market Analysis

Relocation Context

Nominal Salary

$86,800

Gross Pay

Real Wage (Purchasing Power)

$86,800

Adjusted for COL (100)

The average annual salary of $86,800 in South Florida's nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is equivalent to the national average, making the financial aspect of living in this region comparable to the rest of the country.

Job Market Context

490

Total Jobs

5.689

Per 1K Jobs

0.61

Location Quotient

Below Average

South Florida nonmetropolitan area has 0.61x 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.

A Location Quotient of 0.61 indicates that Accountants and Auditors are less concentrated in the South Florida nonmetropolitan area compared to the national average. This suggests that while the profession is present, it is not a dominant industry hub, potentially leading to a more competitive environment for job seekers looking to enter the field, or conversely, indicating a healthy supply of talent relative to demand.

Nearby Job Markets

Nearby Cities for Accountants and Auditors

Comparing salaries near South Florida nonmetropolitan area

Hiring Accountants and Auditorss?

Frequently Asked Questions

How much does a Accountants and Auditors make in South Florida nonmetropolitan area?

The median annual salary for a Accountants and Auditors in South Florida nonmetropolitan area is $86,800. This typically ranges from $48,100 for entry-level positions to $131,950 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Florida nonmetropolitan area is 8.1% lower than the national median of $94,430.

Is South Florida nonmetropolitan area a lucrative place for Accountants and Auditorss?

No, it is not exceptionally lucrative compared to the national average.The average salary of $86,800 is below the national average of $94,430, though the cost of living is on par with the national average.

Is South Florida nonmetropolitan area a good place to live for Accountants and Auditors?

The Cost of Living Index in South Florida nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near South Florida nonmetropolitan area?

Some top paying nearby cities include Sebring, FL ($74,550) and Lakeland-Winter Haven, FL.

How does the local workforce size affect job opportunities?

A local workforce of 490 suggests a moderate-sized market for Accountants and Auditors. While not a major hub, it indicates consistent demand for these professionals within the region.

What does a Location Quotient of 0.61 mean for job seekers?

A Location Quotient below 1.0, like 0.61, signifies that Accountants and Auditors are less prevalent in this area than the national average. This could mean fewer specialized roles but potentially less competition for general accounting positions.

How does the Cost of Living Index impact the salary?

With a Cost of Living Index of 100, the $86,800 salary offers purchasing power equivalent to the national average. This means the lower nominal salary is balanced by a comparable cost of living.

What is the job density for Accountants and Auditors in this region?

There are 5.689 jobs per 1,000 workers for Accountants and Auditors in the South Florida nonmetropolitan area, indicating a steady presence of the profession within the local labor market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 490 employees in the South Florida nonmetropolitan area area with a job density of 5.689 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.