SalaryNode

Average Accountants and Auditors Salary in Springfield, MO

Accountants and Auditors in Springfield, MO, earn an average annual salary of $73,170. This figure is notably below the national average of $94,430, suggesting that local market dynamics, such as industry demand and the cost of doing business, play a significant role in compensation levels within this Midwestern city.

Executive Summary

  • Average Salary: $73,170 per year.
  • Growth Trend: Salaries have shifted 31.5% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $121,070.
  • Outlook: With a local workforce of 1,700 Accountants and Auditors, Springfield, MO, presents a stable, albeit not exceptionally concentrated, job market for these professionals. The Location Quotient of 0.82 indicates a presence that is slightly below the national average in terms of concentration, suggesting a moderate but consistent demand for accounting and auditing services within the region.
2024 Market Data

Salary Overview

$73,170

The average Accountants and Auditors in Springfield, MO earns-22.5%below the national average.

BreakdownBased on 40h/week
Hourly

$35.2

Weekly

$1,407

Monthly

$6,098

Accountants and Auditors Salary Distribution in Springfield, MO

Salary progression for Accountants and Auditors in Springfield, MO, is strongly tied to experience and specialization. Entry-level positions typically command lower salaries, while senior roles, those with specialized certifications (like CPA), or those in management positions can significantly exceed the average. The increasing salary percentiles reflect the accumulation of expertise, responsibility, and proven value to employers.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$43,120$20.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$54,878$26.4
ManagerOversees team, compliance, and project delivery.50% (Median)$63,490$30.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$91,463$44
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$121,070$58.2

Detailed Accountants and Auditors Market Analysis

Relocation Context

Nominal Salary

$73,170

Gross Pay

Real Wage (Purchasing Power)

$73,170

Adjusted for COL (100)

The average annual salary of $73,170 in Springfield, MO, aligns precisely 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 an Accountant or Auditor's earnings in Springfield is equivalent to that of their national counterparts, offering a balanced financial landscape.

Job Market Context

1,700

Total Jobs

7.673

Per 1K Jobs

0.82

Location Quotient

Below Average

Springfield, MO has 0.82x 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 0.82 for Accountants and Auditors in Springfield, MO, suggests that the profession is slightly less concentrated than the national average. This implies that while the demand exists, the market may not be oversaturated, potentially offering good opportunities for skilled professionals without facing intense competition from a disproportionately large pool of local talent.

Nearby Job Markets

Nearby Cities for Accountants and Auditors

CitySalaryDist.
Joplin, MO-KS Accountants and Auditors Salary$73,440↑ 0%67 mi
Fayetteville-Springdale-Rogers, AR Accountants and Auditors Salary$84,750↑ 16%91 mi

Comparing salaries near Springfield, MO

Hiring Accountants and Auditorss?

Frequently Asked Questions

How much does a Accountants and Auditors make in Springfield, MO?

The median annual salary for a Accountants and Auditors in Springfield, MO is $73,170. This typically ranges from $43,120 for entry-level positions to $121,070 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Springfield, MO is 22.5% lower than the national median of $94,430.

Is Springfield, MO a lucrative place for Accountants and Auditorss?

No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average salary of $73,170 is significantly lower than the national average of $94,430, indicating less lucrative compensation.

Is Springfield, MO a good place to live for Accountants and Auditors?

The Cost of Living Index in Springfield, MO is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Springfield, MO?

Some top paying nearby cities include Joplin, MO-KS ($73,440) and Fayetteville-Springdale-Rogers, AR.

What is the average salary for Accountants and Auditors in Springfield, MO?

The average annual salary for Accountants and Auditors in Springfield, MO, is $73,170.

How does Springfield, MO's cost of living compare to the national average?

Springfield, MO, has a Cost of Living Index of 100, which is exactly the national average.

How concentrated is the Accountant and Auditor job market in Springfield, MO?

The job market for Accountants and Auditors in Springfield, MO, is slightly less concentrated than the national average, with a Location Quotient of 0.82.

What is the total number of Accountants and Auditors in Springfield, MO?

There are approximately 1,700 Accountants and Auditors employed in Springfield, MO.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,700 employees in the Springfield, MO area with a job density of 7.673 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Accountants and Auditors • Data source: BLS OEWS 2024 •Jobs in Springfield, MO