Average Accountants and Auditors Salary in Southern Vermont nonmetropolitan area
Accountants and Auditors in Southern Vermont's nonmetropolitan areas earn an average annual salary of $82,580. This figure is notably below the national average of $94,430, reflecting the economic dynamics and potentially lower demand characteristic of nonmetropolitan regions. The specific pay scale in this area is influenced by local industry needs and the overall economic environment of Vermont's rural communities.
Executive Summary
- Average Salary: $82,580 per year.
- Growth Trend: Salaries have shifted 13.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $119,410.
- Outlook: With a total local workforce of 580 Accountants and Auditors, the job market in Southern Vermont's nonmetropolitan areas presents a stable, albeit niche, opportunity. The Location Quotient of 0.73 indicates a slightly lower concentration of these professionals compared to the national average, suggesting a moderate demand that aligns with the existing workforce size. While not a high-growth area in terms of sheer numbers, the consistent presence of these roles points to an enduring need within the local economy.
Salary Overview
The average Accountants and Auditors in Southern Vermont nonmetropolitan area earns-12.5%below the national average.
$39.7
$1,588
$6,882
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Southern Vermont's nonmetropolitan areas 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 shifts and evolving business needs typically drive modest annual increases in compensation for skilled professionals in accounting and auditing roles.
Accountants and Auditors Salary Distribution in Southern Vermont nonmetropolitan area
Career progression for Accountants and Auditors in Southern Vermont nonmetropolitan areas typically involves salary increases tied to experience and specialization. Entry-level positions might start closer to the lower end of the pay scale, while senior roles, requiring extensive expertise and potentially management responsibilities, command significantly higher compensation. The gap between entry-level and senior salaries reflects the value placed on accumulated knowledge and proven performance within the profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $55,630 | $26.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $61,935 | $29.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $76,050 | $36.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $103,225 | $49.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $119,410 | $57.4 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$82,580
Gross Pay
Real Wage (Purchasing Power)
$82,580
Adjusted for COL (100)
The nominal average annual salary of $82,580 in Southern Vermont's nonmetropolitan areas aligns precisely with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that income is effectively equivalent to the national standard. Residents can expect their earnings to cover expenses at a rate comparable to the rest of the country, making the lower nominal salary less of a disadvantage in terms of real economic value.
Job Market Context
580
Total Jobs
6.856
Per 1K Jobs
0.73
Location Quotient
Southern Vermont nonmetropolitan area has 0.73x 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.
The Location Quotient of 0.73 for Accountants and Auditors in Southern Vermont's nonmetropolitan areas suggests that this profession is less concentrated than the national average. This indicates that while there is a steady presence of these roles, the market is not saturated, and opportunities may be more specialized or tied to specific local industries. It implies a balanced job market where demand is consistent but not overwhelmingly high, offering stable employment for qualified individuals.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Burlington-South Burlington, VT Accountants and Auditors Salary | $88,880↑ 8% | 40 mi |
| Glens Falls, NY Accountants and Auditors Salary | $88,790↑ 8% | 69 mi |
| Central New Hampshire nonmetropolitan area Accountants and Auditors Salary | $85,360↑ 3% | 70 mi |
| Northern New Hampshire nonmetropolitan area Accountants and Auditors Salary | $81,220↓ 2% | 70 mi |
| Southwestern New Hampshire nonmetropolitan area Accountants and Auditors Salary | $77,380↓ 6% | 70 mi |
Comparing salaries near Southern Vermont nonmetropolitan area
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Southern Vermont nonmetropolitan area?
The median annual salary for a Accountants and Auditors in Southern Vermont nonmetropolitan area is $82,580. This typically ranges from $55,630 for entry-level positions to $119,410 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southern Vermont nonmetropolitan area is 12.5% lower than the national median of $94,430.
Is Southern Vermont nonmetropolitan area a lucrative place for Accountants and Auditorss?
No, it is not considered a highly lucrative area compared to national standards.The average salary of $82,580 is below the national average, although the cost of living is on par, mitigating the impact on purchasing power.
Is Southern Vermont nonmetropolitan area a good place to live for Accountants and Auditors?
The Cost of Living Index in Southern Vermont nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southern Vermont nonmetropolitan area?
Some top paying nearby cities include Burlington-South Burlington, VT ($88,880) and Glens Falls, NY.
How does the total workforce size affect job prospects?
A local workforce of 580 indicates a stable, established presence of Accountants and Auditors, suggesting consistent demand for their services within the region's economy.
What does a Location Quotient of 0.73 signify?
A Location Quotient below 1.0, such as 0.73, means that Accountants and Auditors are less concentrated in this area compared to the national average, implying a potentially less competitive job market.
How does the Cost of Living Index impact salary perception?
With a Cost of Living Index of 100, the local salary of $82,580 has the same purchasing power as the national average salary, meaning expenses are neither significantly higher nor lower than the national norm.
What are the typical career paths for Accountants and Auditors in this region?
Career paths generally involve progressing from junior to senior roles, with salary increases reflecting accumulated experience, specialized skills, and potentially supervisory responsibilities within local businesses and organizations.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 580 employees in the Southern Vermont nonmetropolitan area area with a job density of 6.856 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 Southern Vermont nonmetropolitan area
- All Occupations Salary in Southern Vermont nonmetropolitan area
- Office and Administrative Support Occupations Salary in Southern Vermont nonmetropolitan area
- Educational Instruction and Library Occupations Salary in Southern Vermont nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in Southern Vermont nonmetropolitan area
- Sales and Related Occupations Salary in Southern Vermont nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in Southern Vermont nonmetropolitan area
- Transportation and Material Moving Occupations Salary in Southern Vermont nonmetropolitan area
- Management Occupations Salary in Southern Vermont nonmetropolitan area
- Production Occupations Salary in Southern Vermont nonmetropolitan area
- Construction and Extraction Occupations Salary in Southern Vermont nonmetropolitan area
- Browse All Jobs in Southern Vermont nonmetropolitan area →
Semantic Salary Analysis for Accountants and Auditors • Data source: BLS OEWS 2024 •Jobs in Southern Vermont nonmetropolitan area