Average Accountants and Auditors Salary in Southern West Virginia nonmetropolitan area
Accountants and Auditors in the Southern West Virginia nonmetropolitan area earn an average annual salary of $69,580. This figure is notably lower than the national average of $94,430, reflecting regional economic factors and a smaller market size. The compensation is directly influenced by the localized demand and the specific economic landscape of this nonmetropolitan region.
Executive Summary
- Average Salary: $69,580 per year.
- Growth Trend: Salaries have shifted 19.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $103,720.
- Outlook: The job market for Accountants and Auditors in Southern West Virginia's nonmetropolitan area, with a total local workforce of 390, indicates a stable but not rapidly expanding demand. The Location Quotient of 0.56 suggests that this profession is less concentrated here compared to the national average, implying a moderate level of opportunity for new entrants and established professionals alike.
Salary Overview
The average Accountants and Auditors in Southern West Virginia nonmetropolitan area earns-26.3%below the national average.
$33.5
$1,338
$5,798
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Accountants and Auditors across the nation, including nonmetropolitan areas, have experienced steady growth over the past four years. This trend is typically driven by inflation, increasing demand for financial expertise, and the evolving complexity of accounting regulations.
Accountants and Auditors Salary Distribution in Southern West Virginia nonmetropolitan area
Career progression for Accountants and Auditors in this region, as elsewhere, is typically marked by increasing salary potential. Entry-level positions will command lower salaries, while senior roles requiring extensive experience, specialized skills, and leadership responsibilities will see significantly higher compensation. The percentile gaps in salary distributions clearly signify these opportunities for career advancement and increased earning power.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,860 | $19.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $52,185 | $25.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $66,960 | $32.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $86,975 | $41.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $103,720 | $49.9 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$69,580
Gross Pay
Real Wage (Purchasing Power)
$69,580
Adjusted for COL (100)
The nominal average annual salary of $69,580 in Southern West Virginia's nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Accountant's salary in this region is equivalent to the national average, suggesting that while the nominal pay is lower, the cost of living does not disproportionately diminish its value.
Job Market Context
390
Total Jobs
5.276
Per 1K Jobs
0.56
Location Quotient
Southern West Virginia nonmetropolitan area has 0.56x 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.
With a Location Quotient of 0.56, the market for Accountants and Auditors in Southern West Virginia's nonmetropolitan area is less concentrated than the national average. This suggests that while there is a consistent need for these professionals, the job market is not oversaturated, offering a balanced competitive environment for skilled individuals seeking employment.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Charlottesville, VA Accountants and Auditors Salary | $88,200↑ 27% | 25 mi |
| Richmond, VA Accountants and Auditors Salary | $88,120↑ 27% | 41 mi |
| Staunton-Stuarts Draft, VA Accountants and Auditors Salary | $78,140↑ 12% | 56 mi |
| Harrisonburg, VA Accountants and Auditors Salary | $80,620↑ 16% | 60 mi |
| Lynchburg, VA Accountants and Auditors Salary | $81,050↑ 16% | 61 mi |
Comparing salaries near Southern West Virginia nonmetropolitan area
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Southern West Virginia nonmetropolitan area?
The median annual salary for a Accountants and Auditors in Southern West Virginia nonmetropolitan area is $69,580. This typically ranges from $39,860 for entry-level positions to $103,720 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southern West Virginia nonmetropolitan area is 26.3% lower than the national median of $94,430.
Is Southern West Virginia nonmetropolitan area a lucrative place for Accountants and Auditorss?
No, it is not exceptionally lucrative compared to national standards.The average salary of $69,580 is significantly below the national average of $94,430. However, the cost of living being at the national average means the salary's purchasing power is comparable.
Is Southern West Virginia nonmetropolitan area a good place to live for Accountants and Auditors?
The Cost of Living Index in Southern West Virginia nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southern West Virginia nonmetropolitan area?
Some top paying nearby cities include Charlottesville, VA ($88,200) and Richmond, VA.
How does the local workforce size affect job prospects for Accountants?
A local workforce of 390 suggests a smaller, more niche market. While this can mean less competition, it also implies fewer overall job openings compared to larger metropolitan areas.
What does a Location Quotient of 0.56 mean for Accountants in this area?
A Location Quotient of 0.56 indicates that Accountants and Auditors are less prevalent in this region than the national average. This could translate to fewer specialized roles but potentially higher demand for generalists.
How does the Cost of Living Index impact the $69,580 salary?
With a Cost of Living Index of 100, the $69,580 salary has the same purchasing power as the national average salary of $94,430 would have nationally. This means your earnings stretch as far as they would anywhere else in the US, despite being a lower nominal amount.
Are there many job opportunities for Accountants in Southern West Virginia?
The number of jobs per 1,000 workers is 5.276, which provides a moderate indicator of employment density for Accountants and Auditors in this nonmetropolitan region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 390 employees in the Southern West Virginia nonmetropolitan area area with a job density of 5.276 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 West Virginia nonmetropolitan area