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Average Accountants and Auditors Salary in Southwest New York nonmetropolitan area

Accountants and Auditors in the Southwest New York nonmetropolitan area earn an average annual salary of $89,680. This figure is slightly below the national average of $94,430, reflecting the unique economic dynamics and demand specific to this region. Factors such as local industry concentration and the overall economic landscape of nonmetropolitan areas typically influence these salary benchmarks.

Executive Summary

  • Average Salary: $89,680 per year.
  • Growth Trend: Salaries have shifted 19.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $144,430.
  • Outlook: With a local workforce of 1,210 Accountants and Auditors, the Southwest New York nonmetropolitan area presents a stable, albeit not exceptionally concentrated, job market for these professionals. The Location Quotient of 0.72 indicates a slightly lower presence of these roles compared to the national average, suggesting a moderate level of demand and opportunity within the region.
2024 Market Data

Salary Overview

$89,680

The average Accountants and Auditors in Southwest New York nonmetropolitan area earns-5.0%below the national average.

BreakdownBased on 40h/week
Hourly

$43.1

Weekly

$1,725

Monthly

$7,473

Accountants and Auditors Salary Distribution in Southwest New York nonmetropolitan area

Salary progression for Accountants and Auditors typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with specialized skills and extensive experience can command salaries in the upper percentiles. The widening gap between entry-level and senior roles highlights clear career advancement opportunities and the increasing value placed on expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$50,530$24.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$67,260$32.3
ManagerOversees team, compliance, and project delivery.50% (Median)$78,520$37.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$112,100$53.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$144,430$69.4

Detailed Accountants and Auditors Market Analysis

Relocation Context

Nominal Salary

$89,680

Gross Pay

Real Wage (Purchasing Power)

$89,680

Adjusted for COL (100)

The nominal average annual salary of $89,680 in Southwest New York nonmetropolitan area aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of an Accountant's or Auditor's salary in this region is equivalent to the national average, offering a balanced financial environment for residents.

Job Market Context

1,210

Total Jobs

6.804

Per 1K Jobs

0.72

Location Quotient

Below Average

Southwest New York nonmetropolitan area has 0.72x 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 0.72 for Accountants and Auditors in Southwest New York nonmetropolitan area suggests that the concentration of these professionals is slightly below the national average. This indicates that while the profession is present, it is not a dominant industry hub, potentially leading to a less competitive job market compared to more concentrated metropolitan areas.

Nearby Job Markets

Nearby Cities for Accountants and Auditors

Comparing salaries near Southwest New York nonmetropolitan area

Hiring Accountants and Auditorss?

Frequently Asked Questions

How much does a Accountants and Auditors make in Southwest New York nonmetropolitan area?

The median annual salary for a Accountants and Auditors in Southwest New York nonmetropolitan area is $89,680. This typically ranges from $50,530 for entry-level positions to $144,430 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest New York nonmetropolitan area is 5.0% lower than the national median of $94,430.

Is Southwest New York nonmetropolitan area a lucrative place for Accountants and Auditors?

No, it is not exceptionally lucrative compared to the national average.While the average salary of $89,680 is substantial, it falls short of the national average of $94,430. However, the cost of living is also at the national average, making the effective purchasing power comparable.

Is Southwest New York nonmetropolitan area a good place to live for Accountants and Auditors?

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

Where are the highest paying cities near Southwest New York nonmetropolitan area?

Some top paying nearby cities include Binghamton, NY ($86,560) and Kingston, NY.

How does the local workforce size impact job opportunities?

A local workforce of 1,210 suggests a moderate-sized pool of professionals, indicating a steady but not overwhelming number of available positions for Accountants and Auditors in the region.

What does a Location Quotient of 0.72 mean for Accountants and Auditors?

A Location Quotient of 0.72 signifies that Accountants and Auditors are less concentrated in Southwest New York nonmetropolitan area than the national average, implying potentially fewer specialized roles but also possibly less competition for general positions.

How does the cost of living affect the salary in Southwest New York?

With a Cost of Living Index of 100, the $89,680 salary offers purchasing power equivalent to the national average, meaning the salary effectively stretches as far as it would in most other parts of the country.

Are there many Accountants and Auditors per capita in this region?

With 6.804 jobs per 1,000 workers, the density of Accountants and Auditors is slightly lower than in areas with a higher concentration, suggesting a balanced supply and demand dynamic.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,210 employees in the Southwest New York nonmetropolitan area area with a job density of 6.804 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.