Average Accountants and Auditors Salary in Southeast Alabama nonmetropolitan area
Accountants and Auditors in the Southeast Alabama nonmetropolitan area earn an average annual salary of $77,050. This figure is notably below the national average of $94,430, reflecting regional economic factors and a potentially smaller demand pool for specialized financial roles. The specific economic landscape and industry concentration within this nonmetropolitan region play a significant role in dictating compensation levels for these professionals.
Executive Summary
- Average Salary: $77,050 per year.
- Growth Trend: Salaries have shifted 11.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $114,080.
- Outlook: With a local workforce of 650 Accountants and Auditors, the job market in Southeast Alabama nonmetropolitan area presents a moderate concentration, indicated by a Location Quotient of 0.84. While not exceeding the national average, this suggests a stable, albeit not rapidly expanding, demand for these professionals. The presence of nearly 8 professionals per 1,000 workers signifies a consistent need within the local economy for accounting and auditing services.
Salary Overview
The average Accountants and Auditors in Southeast Alabama nonmetropolitan area earns-18.4%below the national average.
$37
$1,482
$6,421
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is generally assumed that salaries for Accountants and Auditors across the United States have experienced steady growth over the past four years, driven by inflation and increasing complexity in financial regulations. This trend likely extends to Southeast Alabama, with incremental salary increases reflecting broader economic shifts and the enduring importance of financial expertise.
Accountants and Auditors Salary Distribution in Southeast Alabama nonmetropolitan area
Salary progression for Accountants and Auditors typically scales significantly with experience. Entry-level positions often start at the lower end of the pay scale, while senior roles, requiring extensive expertise and responsibility, command substantially higher compensation. The percentile gaps in salary distributions clearly signify career progression, with seasoned professionals occupying the higher earning brackets due to their accumulated knowledge and proven track record.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,390 | $21.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,788 | $27.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $66,200 | $31.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $96,313 | $46.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $114,080 | $54.8 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$77,050
Gross Pay
Real Wage (Purchasing Power)
$77,050
Adjusted for COL (100)
The nominal average annual salary of $77,050 in Southeast Alabama nonmetropolitan area aligns perfectly with the national average cost of living index of 100. This means that while the take-home pay is lower than the national average, the purchasing power of that salary is equivalent to the national standard, making the region's overall affordability a neutral factor in assessing the true value of the compensation.
Job Market Context
650
Total Jobs
7.886
Per 1K Jobs
0.84
Location Quotient
Southeast Alabama nonmetropolitan area has 0.84x 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 0.84 indicates that Accountants and Auditors are slightly less concentrated in the Southeast Alabama nonmetropolitan area compared to the national average. This suggests a market that is neither oversaturated nor critically undersupplied, implying a competitive but accessible environment for job seekers and employers alike. The job market here is stable, with consistent opportunities available for qualified professionals.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Montgomery, AL Accountants and Auditors Salary | $78,590↑ 2% | 44 mi |
| Birmingham, AL Accountants and Auditors Salary | $82,830↑ 8% | 50 mi |
| Tuscaloosa, AL Accountants and Auditors Salary | $79,080↑ 3% | 52 mi |
| Auburn-Opelika, AL Accountants and Auditors Salary | $75,130↓ 2% | 77 mi |
| Anniston-Oxford, AL Accountants and Auditors Salary | $72,050↓ 6% | 82 mi |
Comparing salaries near Southeast Alabama nonmetropolitan area
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Frequently Asked Questions
How much does a Accountants and Auditors make in Southeast Alabama nonmetropolitan area?
The median annual salary for a Accountants and Auditors in Southeast Alabama nonmetropolitan area is $77,050. This typically ranges from $45,390 for entry-level positions to $114,080 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southeast Alabama nonmetropolitan area is 18.4% lower than the national median of $94,430.
Is Southeast Alabama nonmetropolitan area a lucrative place for Accountants and Auditorss?
No, not compared to the national average.The average salary of $77,050 is significantly lower than the national average of $94,430. However, the cost of living is at the national average, meaning the lower salary has equivalent purchasing power locally.
Is Southeast Alabama nonmetropolitan area a good place to live for Accountants and Auditors?
The Cost of Living Index in Southeast Alabama nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southeast Alabama nonmetropolitan area?
Some top paying nearby cities include Montgomery, AL ($78,590) and Birmingham, AL.
How does the cost of living affect the salary in Southeast Alabama?
The cost of living in Southeast Alabama nonmetropolitan area is exactly at the national average (100). This means the $77,050 salary offers the same purchasing power as a national average salary would in a national average cost of living area.
Is there high demand for Accountants and Auditors in this region?
The demand is moderate, with a Location Quotient of 0.84, indicating a slightly lower concentration than the national average. There are 7.886 jobs per 1,000 workers, suggesting a stable need for these professionals.
What is the total number of Accountants and Auditors in Southeast Alabama?
There are approximately 650 Accountants and Auditors employed in the Southeast Alabama nonmetropolitan area.
How does experience impact an Accountant's salary in this area?
Experience is a key driver of salary growth, with entry-level positions earning less and senior roles commanding higher pay, reflecting increased responsibility and expertise.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 650 employees in the Southeast Alabama nonmetropolitan area area with a job density of 7.886 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 Southeast Alabama nonmetropolitan area