Average Accountants and Auditors Salary in Southwest Louisiana nonmetropolitan area
Accountants and Auditors in the Southwest Louisiana nonmetropolitan area earn an average annual salary of $74,160. This figure is notably below the national average of $94,430, reflecting regional economic factors and a potentially lower demand for specialized financial roles compared to larger metropolitan hubs. The unique economic landscape of this area influences compensation levels for finance professionals.
Executive Summary
- Average Salary: $74,160 per year.
- Growth Trend: Salaries have shifted 20.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $122,250.
- Outlook: The local workforce for Accountants and Auditors comprises 490 professionals, indicating a modest but established presence. With a Location Quotient of 0.65, the concentration of these roles is below the national average, suggesting that while opportunities exist, the market is not saturated. The rate of 6.121 jobs per 1,000 workers further supports the notion of a stable, albeit not rapidly expanding, job market for this profession in the region.
Salary Overview
The average Accountants and Auditors in Southwest Louisiana nonmetropolitan area earns-21.5%below the national average.
$35.7
$1,426
$6,180
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area isn't provided, it's 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 financial professionals, even in less urbanized regions.
Accountants and Auditors Salary Distribution in Southwest Louisiana nonmetropolitan area
Career progression for Accountants and Auditors typically involves a significant salary increase with experience. Entry-level positions might start considerably lower than the average, while senior roles, such as Audit Managers or Senior Accountants, can command salaries well above $74,160. The percentile gaps in salary data, though not explicitly shown here, would signify the substantial earning potential as professionals advance through different career stages.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,930 | $19.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $55,620 | $26.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,760 | $30.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $92,700 | $44.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $122,250 | $58.8 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$74,160
Gross Pay
Real Wage (Purchasing Power)
$74,160
Adjusted for COL (100)
The average annual salary of $74,160 in Southwest Louisiana nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is equivalent to the national standard. Therefore, the $74,160 earned locally offers a comparable lifestyle to what a higher salary might provide in a more expensive region.
Job Market Context
490
Total Jobs
6.121
Per 1K Jobs
0.65
Location Quotient
Southwest Louisiana nonmetropolitan area has 0.65x 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 0.65 indicates that Accountants and Auditors are less concentrated in Southwest Louisiana nonmetropolitan areas compared to the national average. This suggests that the job market may be less competitive, potentially offering more opportunities for skilled professionals relative to the number of available candidates. However, it also implies a smaller overall demand for these roles compared to national benchmarks.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Alexandria, LA Accountants and Auditors Salary | $76,480↑ 3% | 37 mi |
| Baton Rouge, LA Accountants and Auditors Salary | $78,280↑ 6% | 67 mi |
| Lafayette, LA Accountants and Auditors Salary | $74,120↓ 0% | 67 mi |
| Monroe, LA Accountants and Auditors Salary | $74,260↑ 0% | 94 mi |
| Hammond, LA Accountants and Auditors Salary | $73,620↓ 1% | 95 mi |
Comparing salaries near Southwest Louisiana nonmetropolitan area
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Southwest Louisiana nonmetropolitan area?
The median annual salary for a Accountants and Auditors in Southwest Louisiana nonmetropolitan area is $74,160. This typically ranges from $40,930 for entry-level positions to $122,250 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwest Louisiana nonmetropolitan area is 21.5% lower than the national median of $94,430.
Is Southwest Louisiana nonmetropolitan area a lucrative place for Accountants and Auditorss?
No, but it offers equivalent purchasing power.The average salary of $74,160 is below the national average, but with a Cost of Living Index of 100, your earnings hold the same purchasing power as the national average.
Is Southwest Louisiana nonmetropolitan area a good place to live for Accountants and Auditors?
The Cost of Living Index in Southwest Louisiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwest Louisiana nonmetropolitan area?
Some top paying nearby cities include Alexandria, LA ($76,480) and Baton Rouge, LA.
How does the local job market compare nationally for Accountants and Auditors?
The local market has a lower concentration of Accountants and Auditors, indicated by a Location Quotient of 0.65, suggesting less competition but also lower overall demand compared to the national average.
What is the significance of the Jobs per 1,000 Workers metric?
With 6.121 jobs per 1,000 workers, this metric shows a steady presence of Accountant and Auditor roles within the local workforce, though not at a level indicating rapid expansion.
How does experience impact an Accountant's salary in this region?
Experience is a key driver of salary growth, with entry-level positions earning less than the $74,160 average, while senior roles can significantly exceed this amount, reflecting career progression.
Is relocating to Southwest Louisiana for an accounting job financially advantageous?
Financially, the lower salary is offset by a national average cost of living, making the $74,160 salary provide equivalent purchasing power to a higher salary in a more expensive area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 490 employees in the Southwest Louisiana nonmetropolitan area area with a job density of 6.121 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 Southwest Louisiana nonmetropolitan area