Average Accountants and Auditors Salary in Southern South Carolina nonmetropolitan area
Accountants and Auditors in the Southern South Carolina nonmetropolitan area earn an average annual salary of $79,820. This figure is notably below the national average of $94,430, reflecting regional economic factors and a lower concentration of demand for these specialized financial roles. The specific economic landscape and industry mix within this nonmetropolitan region directly influence compensation levels for financial professionals.
Executive Summary
- Average Salary: $79,820 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $125,590.
- Outlook: The job market for Accountants and Auditors in Southern South Carolina's nonmetropolitan area appears to be stable, though not a major hub. With a total local workforce of 210 professionals in this field and a Location Quotient of 0.41, the concentration of these roles is significantly lower than the national average. This suggests a moderate demand, with opportunities likely tied to local businesses and potentially fewer large-scale corporate employers.
Salary Overview
The average Accountants and Auditors in Southern South Carolina nonmetropolitan area earns-15.5%below the national average.
$38.4
$1,535
$6,652
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for this precise nonmetropolitan region isn't provided, it's reasonable to assume a general trend of salary growth for Accountants and Auditors over the past four years, mirroring national patterns. Economic recovery and increased complexity in financial regulations typically drive up demand and, consequently, compensation for skilled financial professionals, even in less concentrated markets.
Accountants and Auditors Salary Distribution in Southern South Carolina nonmetropolitan area
Salary progression for Accountants and Auditors typically scales with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior roles, requiring extensive expertise and leadership, command significantly higher salaries. The percentile gaps in compensation clearly signify career progression, with experienced professionals often earning 50% or more than their junior counterparts.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,040 | $22.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $59,865 | $28.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $62,770 | $30.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $99,775 | $48 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $125,590 | $60.4 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$79,820
Gross Pay
Real Wage (Purchasing Power)
$79,820
Adjusted for COL (100)
For individuals considering a move to Southern South Carolina's nonmetropolitan area, the nominal salary of $79,820 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of the average salary is equivalent to the national average, offering a stable financial footing without the premium often associated with higher cost-of-living regions.
Job Market Context
210
Total Jobs
3.84
Per 1K Jobs
0.41
Location Quotient
At 0.41x, Southern South Carolina 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.
The Location Quotient of 0.41 indicates that Accountants and Auditors are less concentrated in Southern South Carolina's nonmetropolitan area compared to the national average. This suggests a less competitive market in terms of sheer numbers of professionals, but also potentially fewer specialized roles or opportunities compared to metropolitan hubs. The job market is likely characterized by local demand rather than a high volume of specialized financial services firms.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Columbia, SC Accountants and Auditors Salary | $72,610↓ 9% | 13 mi |
| Sumter, SC Accountants and Auditors Salary | $78,560↓ 2% | 32 mi |
| Florence, SC Accountants and Auditors Salary | $75,150↓ 6% | 70 mi |
| Augusta-Richmond County, GA-SC Accountants and Auditors Salary | $79,770↓ 0% | 73 mi |
| Charleston-North Charleston, SC Accountants and Auditors Salary | $92,060↑ 15% | 91 mi |
Comparing salaries near Southern South Carolina nonmetropolitan area
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Southern South Carolina nonmetropolitan area?
The median annual salary for a Accountants and Auditors in Southern South Carolina nonmetropolitan area is $79,820. This typically ranges from $46,040 for entry-level positions to $125,590 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southern South Carolina nonmetropolitan area is 15.5% lower than the national median of $94,430.
Is Southern South Carolina nonmetropolitan area a lucrative place for Accountants and Auditorss?
No, it is not considered a highly lucrative area for Accountants and Auditors.The average salary of $79,820 is significantly below the national average, and the lower Location Quotient suggests less concentrated demand for these roles.
Is Southern South Carolina nonmetropolitan area a good place to live for Accountants and Auditors?
The Cost of Living Index in Southern South Carolina nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southern South Carolina nonmetropolitan area?
Some top paying nearby cities include Columbia, SC ($72,610) and Sumter, SC.
How does the local salary compare to the national average?
The average salary for Accountants and Auditors in Southern South Carolina's nonmetropolitan area is $79,820, which is substantially lower than the national average of $94,430.
What is the Cost of Living in Southern South Carolina's nonmetropolitan area?
The Cost of Living Index for this region is 100, which is exactly the national average, meaning the cost of goods and services is neither higher nor lower than the typical U.S. location.
How many Accountants and Auditors work in this region?
There are approximately 210 Accountants and Auditors employed in the Southern South Carolina nonmetropolitan area, representing 3.84 jobs per 1,000 workers.
Is there high demand for Accountants and Auditors in this area?
The demand appears moderate, as indicated by a Location Quotient of 0.41, which is well below the national average, suggesting fewer specialized roles and employers compared to national benchmarks.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Southern South Carolina nonmetropolitan area area with a job density of 3.84 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 Southern South Carolina nonmetropolitan area