Average Accountants and Auditors Salary in Southwest Oklahoma nonmetropolitan area
Accountants and Auditors in the Southwest Oklahoma nonmetropolitan area earn an average annual salary of $83,260. This figure is notably below the national average of $94,430, reflecting regional economic factors and demand specific to this nonmetropolitan setting. The compensation reflects the unique economic landscape and the specific needs of businesses within this area.
Executive Summary
- Average Salary: $83,260 per year.
- Growth Trend: Salaries have shifted 31.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $126,970.
- Outlook: With a local workforce of 750 Accountants and Auditors, and a Location Quotient of 1.27, the job market in Southwest Oklahoma indicates a slightly higher concentration of these professionals than the national average. This suggests a stable, albeit specialized, demand for accounting and auditing services within the region, pointing towards a robust outlook for those in the field.
Salary Overview
The average Accountants and Auditors in Southwest Oklahoma nonmetropolitan area earns-11.8%below the national average.
$40
$1,601
$6,938
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Accountants and Auditors have seen consistent growth over the past four years, driven by inflation and increasing complexity in financial regulations. This upward trend is likely mirrored in Southwest Oklahoma, albeit potentially at a different pace than national averages.
Accountants and Auditors Salary Distribution in Southwest Oklahoma nonmetropolitan area
Salary progression for Accountants and Auditors typically scales significantly with experience. Entry-level positions will command lower salaries, while senior roles, requiring extensive expertise and leadership, will reach higher percentiles. The gap between entry-level and senior salaries signifies clear career advancement opportunities and increased earning potential within the profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $42,210 | $20.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $62,445 | $30 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,080 | $36.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $104,075 | $50 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $126,970 | $61 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$83,260
Gross Pay
Real Wage (Purchasing Power)
$83,260
Adjusted for COL (100)
The average annual salary of $83,260 in Southwest Oklahoma aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary holds its purchasing power directly against the national average, offering a stable financial standing for residents without the added financial strain of a higher cost of living.
Job Market Context
750
Total Jobs
11.965
Per 1K Jobs
1.27
Location Quotient
With a location quotient of 1.27, Southwest Oklahoma nonmetropolitan area has a slightly higher-than-average concentration of Accountants and Auditors roles compared to the national norm.
A Location Quotient of 1.27 signifies that Accountants and Auditors are more concentrated in Southwest Oklahoma than the national average. This suggests a healthy demand for these professionals relative to the general workforce, indicating a competitive market where skilled individuals are valued and sought after by local employers.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Oklahoma City, OK Accountants and Auditors Salary | $87,290↑ 5% | 34 mi |
| Tulsa, OK Accountants and Auditors Salary | $84,650↑ 2% | 69 mi |
| Enid, OK Accountants and Auditors Salary | $79,300↓ 5% | 78 mi |
Comparing salaries near Southwest Oklahoma nonmetropolitan area
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Southwest Oklahoma nonmetropolitan area?
The median annual salary for a Accountants and Auditors in Southwest Oklahoma nonmetropolitan area is $83,260. This typically ranges from $42,210 for entry-level positions to $126,970 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwest Oklahoma nonmetropolitan area is 11.8% lower than the national median of $94,430.
Is Southwest Oklahoma nonmetropolitan area a lucrative place for Accountants and Auditorss?
Moderately lucrative, with excellent cost of living alignment.While the average salary of $83,260 is below the national average, the cost of living is also at the national average, meaning your earnings have strong purchasing power. The higher-than-average concentration of professionals (LQ 1.27) indicates steady demand.
Is Southwest Oklahoma nonmetropolitan area a good place to live for Accountants and Auditors?
The Cost of Living Index in Southwest Oklahoma nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwest Oklahoma nonmetropolitan area?
Some top paying nearby cities include Oklahoma City, OK ($87,290) and Tulsa, OK.
How does the local workforce size affect job prospects?
A local workforce of 750 indicates a substantial, established presence of Accountants and Auditors, suggesting consistent opportunities and a stable job market within the Southwest Oklahoma nonmetropolitan area.
What does a Location Quotient of 1.27 mean for job seekers?
A Location Quotient of 1.27 means there are about 27% more Accountants and Auditors per worker in this region compared to the national average, indicating a strong local demand for these skills.
How does the Cost of Living Index impact the salary of $83,260?
With a Cost of Living Index of 100, the $83,260 salary has the same purchasing power as the national average salary, making it a fair compensation in terms of real value.
Are there significant salary differences based on experience for Accountants and Auditors in this area?
Yes, experience is a major factor; entry-level positions will offer lower salaries, while senior roles with advanced skills and responsibilities command significantly higher compensation, reflecting career growth.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 750 employees in the Southwest Oklahoma nonmetropolitan area area with a job density of 11.965 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 Oklahoma nonmetropolitan area