Average Accountants and Auditors Salary in St. Louis, MO-IL
Accountants and Auditors in the St. Louis, MO-IL area earn an average annual salary of $84,050. This figure is slightly below the national average of $94,430, suggesting that while St. Louis offers a stable market, compensation may be influenced by local economic factors and the specific industry demands within the region.
Executive Summary
- Average Salary: $84,050 per year.
- Growth Trend: Salaries have shifted 9.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $131,450.
- Outlook: With a local workforce of 12,440 Accountants and Auditors, St. Louis presents a substantial employment base for this profession. The Location Quotient of 0.99 indicates that the concentration of these roles in St. Louis is nearly on par with the national average, suggesting a stable and consistent demand for accounting and auditing services within the metropolitan area.
Salary Overview
The average Accountants and Auditors in St. Louis, MO-IL earns-11.0%below the national average.
$40.4
$1,616
$7,004
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data is not provided, it is generally observed that the accounting and auditing profession has experienced steady salary growth over the past four years, driven by increasing regulatory complexity and the ongoing need for financial oversight. This trend is likely reflected in St. Louis, where professionals can anticipate incremental increases in compensation as they gain experience and the market evolves.
Accountants and Auditors Salary Distribution in St. Louis, MO-IL
Salary progression for Accountants and Auditors in St. Louis typically scales with experience. Entry-level positions might start at a lower percentile, while seasoned professionals with specialized skills or in senior roles can command salaries in the higher percentiles. The widening gap between entry-level and senior salaries signifies clear career advancement opportunities and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,670 | $22.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $63,038 | $30.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $77,770 | $37.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $105,063 | $50.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $131,450 | $63.2 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$84,050
Gross Pay
Real Wage (Purchasing Power)
$84,050
Adjusted for COL (100)
The nominal average salary of $84,050 in St. Louis is directly comparable to the national average cost of living index of 100. This means that the purchasing power of an Accountant and Auditor's salary in St. Louis is effectively aligned with the national standard, offering a balanced lifestyle without significant financial strain related to living expenses.
Job Market Context
12,440
Total Jobs
9.288
Per 1K Jobs
0.99
Location Quotient
St. Louis, MO-IL has 0.99x 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 0.99 for Accountants and Auditors in St. Louis signifies a job market that is closely aligned with the national average in terms of professional concentration. This suggests a healthy, competitive environment where the number of available professionals is well-matched to the demand for their services, indicating stable employment prospects.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Springfield, IL Accountants and Auditors Salary | $88,730↑ 6% | 84 mi |
| Cape Girardeau, MO-IL Accountants and Auditors Salary | $71,170↓ 15% | 97 mi |
Comparing salaries near St. Louis, MO-IL
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in St. Louis, MO-IL?
The median annual salary for a Accountants and Auditors in St. Louis, MO-IL is $84,050. This typically ranges from $47,670 for entry-level positions to $131,450 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in St. Louis, MO-IL is 11.0% lower than the national median of $94,430.
Is St. Louis, MO-IL a lucrative place for Accountants and Auditors?
Yes, with a stable cost of living.While the average salary is slightly below the national average, the cost of living in St. Louis is also at the national average. This alignment ensures that the $84,050 salary offers comparable purchasing power to higher salaries in more expensive regions.
Is St. Louis, MO-IL a good place to live for Accountants and Auditors?
The Cost of Living Index in St. Louis, MO-IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near St. Louis, MO-IL?
Some top paying nearby cities include Springfield, IL ($88,730) and Cape Girardeau, MO-IL.
How does the St. Louis accountant salary compare to the national average?
The average annual salary for Accountants and Auditors in St. Louis, MO-IL is $84,050, which is approximately $10,380 less than the national average of $94,430.
What is the concentration of Accountants and Auditors in St. Louis?
The concentration, measured by the Location Quotient, is 0.99, indicating that the proportion of Accountants and Auditors in St. Louis is very close to the national average.
How many Accountants and Auditors are there in St. Louis?
There are approximately 12,440 Accountants and Auditors employed in the St. Louis, MO-IL area.
Does the cost of living affect the St. Louis accountant salary?
The cost of living in St. Louis is at the national average (100), meaning the $84,050 salary provides purchasing power equivalent to the national average, making it a fair compensation relative to living expenses.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 12,440 employees in the St. Louis, MO-IL area with a job density of 9.288 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Accountants and Auditors Salaries by State
Top Jobs in St. Louis, MO-IL
- All Occupations Salary in St. Louis, MO-IL
- Office and Administrative Support Occupations Salary in St. Louis, MO-IL
- Food Preparation and Serving Related Occupations Salary in St. Louis, MO-IL
- Transportation and Material Moving Occupations Salary in St. Louis, MO-IL
- Sales and Related Occupations Salary in St. Louis, MO-IL
- Management Occupations Salary in St. Louis, MO-IL
- Healthcare Practitioners and Technical Occupations Salary in St. Louis, MO-IL
- Business and Financial Operations Occupations Salary in St. Louis, MO-IL
- Production Occupations Salary in St. Louis, MO-IL
- Educational Instruction and Library Occupations Salary in St. Louis, MO-IL
- Browse All Jobs in St. Louis, MO-IL →
Semantic Salary Analysis for Accountants and Auditors • Data source: BLS OEWS 2024 •Jobs in St. Louis, MO-IL