Average Accountants and Auditors Salary in Staunton-Stuarts Draft, VA
Accountants and Auditors in Staunton-Stuarts Draft, VA earn an average annual salary of $78,140. This figure is notably below the national average of $94,430, reflecting localized economic factors and demand within the region. The specific pay scales in Staunton-Stuarts Draft are thus influenced by the area's unique market dynamics rather than broader national trends.
Executive Summary
- Average Salary: $78,140 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $119,610.
- Outlook: With a total local workforce of 380 individuals in this profession, the Staunton-Stuarts Draft area presents a moderately sized market for Accountants and Auditors. The Location Quotient of 0.79 suggests a slightly lower concentration of these roles compared to the national average, indicating a stable but not exceptionally robust demand.
Salary Overview
The average Accountants and Auditors in Staunton-Stuarts Draft, VA earns-17.3%below the national average.
$37.6
$1,503
$6,512
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Staunton-Stuarts Draft is not provided, it is generally assumed that salaries for Accountants and Auditors nationwide have seen consistent growth over the past four years, driven by inflation and increasing demand for financial expertise. This upward trend is likely mirrored to some extent in the local market, though potentially at a different pace.
Accountants and Auditors Salary Distribution in Staunton-Stuarts Draft, VA
Salary progression for Accountants and Auditors in Staunton-Stuarts Draft typically scales with experience. Entry-level positions will command lower salaries, while seasoned professionals with specialized skills and a proven track record can expect to earn significantly more. The percentile gaps in salary distribution clearly signify the career advancement opportunities available within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,400 | $23.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,605 | $28.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $70,780 | $34 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $97,675 | $47 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $119,610 | $57.5 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$78,140
Gross Pay
Real Wage (Purchasing Power)
$78,140
Adjusted for COL (100)
The average annual salary of $78,140 in Staunton-Stuarts Draft 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, making the local compensation relatively stable in terms of real value.
Job Market Context
380
Total Jobs
7.438
Per 1K Jobs
0.79
Location Quotient
Staunton-Stuarts Draft, VA has 0.79x 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 0.79 indicates that Accountants and Auditors are slightly less concentrated in Staunton-Stuarts Draft compared to the national average. This suggests that while the profession is present and necessary, the job market may be less saturated, potentially offering a balanced environment for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Harrisonburg, VA Accountants and Auditors Salary | $80,620↑ 3% | 22 mi |
| Charlottesville, VA Accountants and Auditors Salary | $88,200↑ 13% | 32 mi |
| Lynchburg, VA Accountants and Auditors Salary | $81,050↑ 4% | 53 mi |
| Southside Virginia nonmetropolitan area Accountants and Auditors Salary | $77,120↓ 1% | 56 mi |
| Northern West Virginia nonmetropolitan area Accountants and Auditors Salary | $71,080↓ 9% | 56 mi |
Comparing salaries near Staunton-Stuarts Draft, VA
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Staunton-Stuarts Draft, VA?
The median annual salary for a Accountants and Auditors in Staunton-Stuarts Draft, VA is $78,140. This typically ranges from $48,400 for entry-level positions to $119,610 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Staunton-Stuarts Draft, VA is 17.3% lower than the national median of $94,430.
Is Staunton-Stuarts Draft, VA a lucrative place for Accountants and Auditorss?
No, not significantly more lucrative than the national average.The average salary of $78,140 is below the national average, although the cost of living is also at the national average. This indicates comparable purchasing power but not higher earning potential.
Is Staunton-Stuarts Draft, VA a good place to live for Accountants and Auditors?
The Cost of Living Index in Staunton-Stuarts Draft, VA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Staunton-Stuarts Draft, VA?
Some top paying nearby cities include Harrisonburg, VA ($80,620) and Charlottesville, VA.
How does the Staunton-Stuarts Draft salary compare to the national average?
The average salary for Accountants and Auditors in Staunton-Stuarts Draft is $78,140, which is lower than the national average of $94,430.
What is the Cost of Living in Staunton-Stuarts Draft, VA?
The Cost of Living Index in Staunton-Stuarts Draft is 100, which is exactly the national average.
How concentrated are Accountants and Auditors in Staunton-Stuarts Draft?
The concentration, measured by the Location Quotient, is 0.79, indicating a slightly lower presence of these professionals compared to the national average.
How many Accountants and Auditors are there in Staunton-Stuarts Draft?
There are approximately 380 Accountants and Auditors in the Staunton-Stuarts Draft local workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 380 employees in the Staunton-Stuarts Draft, VA area with a job density of 7.438 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 Staunton-Stuarts Draft, VA
- All Occupations Salary in Staunton-Stuarts Draft, VA
- Transportation and Material Moving Occupations Salary in Staunton-Stuarts Draft, VA
- Production Occupations Salary in Staunton-Stuarts Draft, VA
- Office and Administrative Support Occupations Salary in Staunton-Stuarts Draft, VA
- Sales and Related Occupations Salary in Staunton-Stuarts Draft, VA
- Food Preparation and Serving Related Occupations Salary in Staunton-Stuarts Draft, VA
- Healthcare Practitioners and Technical Occupations Salary in Staunton-Stuarts Draft, VA
- Educational Instruction and Library Occupations Salary in Staunton-Stuarts Draft, VA
- Installation, Maintenance, and Repair Occupations Salary in Staunton-Stuarts Draft, VA
- Healthcare Support Occupations Salary in Staunton-Stuarts Draft, VA
- Browse All Jobs in Staunton-Stuarts Draft, VA →
Semantic Salary Analysis for Accountants and Auditors • Data source: BLS OEWS 2024 •Jobs in Staunton-Stuarts Draft, VA