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Average Accountants and Auditors Salary in Southern Ohio nonmetropolitan area

Accountants and Auditors in Southern Ohio's nonmetropolitan areas earn an average annual salary of $72,010. This figure falls below the national average of $94,430, reflecting regional economic factors and a potentially lower demand for specialized accounting services compared to more urbanized centers. The specific economic landscape and industry concentration within these nonmetropolitan regions directly influence compensation levels for finance professionals.

Executive Summary

  • Average Salary: $72,010 per year.
  • Growth Trend: Salaries have shifted 11.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $103,740.
  • Outlook: The local workforce for Accountants and Auditors in this Southern Ohio nonmetropolitan area comprises approximately 970 professionals. With a Location Quotient of 0.64, the concentration of these roles is below the national average, suggesting a less saturated market but potentially fewer opportunities compared to national hubs. The rate of 6.001 jobs per 1,000 workers indicates a steady, albeit not exceptionally high, presence of these roles within the local economy.
2024 Market Data

Salary Overview

$72,010

The average Accountants and Auditors in Southern Ohio nonmetropolitan area earns-23.7%below the national average.

BreakdownBased on 40h/week
Hourly

$34.6

Weekly

$1,385

Monthly

$6,001

Accountants and Auditors Salary Distribution in Southern Ohio nonmetropolitan area

Salary progression for Accountants and Auditors is typically tied to experience and specialization. Entry-level positions will naturally command lower salaries, while senior roles requiring extensive experience, specialized certifications (like CPA), or management responsibilities will see significantly higher compensation. The percentile gaps in salary data, though not explicitly detailed here, would signify the earning potential as professionals advance through junior, mid-level, and principal accounting or auditing functions.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$39,990$19.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$54,008$26
ManagerOversees team, compliance, and project delivery.50% (Median)$65,300$31.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$90,013$43.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$103,740$49.9

Detailed Accountants and Auditors Market Analysis

Relocation Context

Nominal Salary

$72,010

Gross Pay

Real Wage (Purchasing Power)

$72,010

Adjusted for COL (100)

The average annual salary of $72,010 in Southern Ohio's nonmetropolitan areas aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of an Accountant's or Auditor's salary in this region is equivalent to the national average. While the nominal salary is lower than the national average, the cost of living parity suggests that the take-home pay may offer comparable lifestyle benefits to those in higher-cost national areas.

Job Market Context

970

Total Jobs

6.001

Per 1K Jobs

0.64

Location Quotient

Below Average

Southern Ohio nonmetropolitan area has 0.64x 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 0.64 for Accountants and Auditors in Southern Ohio's nonmetropolitan areas indicates that this profession is less concentrated than the national average. This suggests that while the demand might not be as intense as in major economic centers, the market is not oversaturated either. Professionals in this region may find a stable job market with less direct competition, though the overall number of available positions might be more limited.

Nearby Job Markets

Nearby Cities for Accountants and Auditors

Comparing salaries near Southern Ohio nonmetropolitan area

Hiring Accountants and Auditorss?

Frequently Asked Questions

How much does a Accountants and Auditors make in Southern Ohio nonmetropolitan area?

The median annual salary for a Accountants and Auditors in Southern Ohio nonmetropolitan area is $72,010. This typically ranges from $39,990 for entry-level positions to $103,740 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southern Ohio nonmetropolitan area is 23.7% lower than the national median of $94,430.

Is Southern Ohio nonmetropolitan area a lucrative place for Accountants and Auditorss?

No, not compared to the national average.The average salary of $72,010 is significantly lower than the national average of $94,430. However, the cost of living is also at the national average, meaning the lower salary has equivalent purchasing power locally.

Is Southern Ohio nonmetropolitan area a good place to live for Accountants and Auditors?

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

Where are the highest paying cities near Southern Ohio nonmetropolitan area?

Some top paying nearby cities include Mansfield, OH ($72,330) and Columbus, OH.

How does the local workforce size affect job opportunities?

With a local workforce of 970 Accountants and Auditors, the market is established but not overly large, suggesting a balance between available roles and competition.

What does a Location Quotient of 0.64 mean for job seekers?

A Location Quotient below 1.0 signifies that the profession is less prevalent in this region compared to the national average, potentially leading to fewer specialized roles but also less competition.

How does the cost of living impact the $72,010 salary?

Since the Cost of Living Index is 100 (national average), the $72,010 salary offers purchasing power equivalent to the national average, despite being lower than the national salary figure.

Are there many Accountants and Auditors jobs per capita in this area?

With 6.001 jobs per 1,000 workers, the density of these roles is moderate, indicating a consistent need for accounting and auditing professionals within the local economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 970 employees in the Southern Ohio nonmetropolitan area area with a job density of 6.001 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.