Average Accountants and Auditors Salary in Sussex Delaware nonmetropolitan area
Accountants and Auditors in the Sussex, Delaware nonmetropolitan area earn an average annual salary of $78,590. This figure is notably below the national average of $94,430, suggesting that regional economic factors and demand specific to this area influence compensation. The pay differential reflects the unique economic landscape and industry concentration within this particular nonmetropolitan region.
Executive Summary
- Average Salary: $78,590 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $113,000.
- Outlook: The job market for Accountants and Auditors in the Sussex, Delaware nonmetropolitan area appears stable, with a total local workforce of 610 professionals. The Location Quotient of 0.7 indicates a slightly lower concentration of these roles compared to the national average, suggesting a moderate but not oversaturated demand for accounting and auditing expertise within this specific locale.
Salary Overview
The average Accountants and Auditors in Sussex Delaware nonmetropolitan area earns-16.8%below the national average.
$37.8
$1,511
$6,549
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for the Sussex, Delaware nonmetropolitan area is not provided, it is reasonable to assume that salaries for Accountants and Auditors have experienced gradual growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing demand for financial oversight typically drive upward salary adjustments in professional fields.
Accountants and Auditors Salary Distribution in Sussex Delaware nonmetropolitan area
Career progression for Accountants and Auditors in Sussex, Delaware, as elsewhere, is typically marked by increasing compensation. Entry-level positions will command lower salaries, while seasoned professionals with specialized skills and extensive experience can expect to earn significantly more. The percentile gaps in salary distribution reflect these opportunities for advancement and the value placed on expertise and tenure.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,780 | $24.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,943 | $28.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $69,040 | $33.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $98,238 | $47.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $113,000 | $54.3 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$78,590
Gross Pay
Real Wage (Purchasing Power)
$78,590
Adjusted for COL (100)
The average annual salary of $78,590 in the Sussex, Delaware nonmetropolitan area aligns precisely 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 standing relative to living expenses.
Job Market Context
610
Total Jobs
6.529
Per 1K Jobs
0.7
Location Quotient
Sussex Delaware nonmetropolitan area has 0.70x 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.
With a Location Quotient of 0.7, the market for Accountants and Auditors in the Sussex, Delaware nonmetropolitan area is less concentrated than the national average. This suggests that while the demand exists, the field is not as saturated, potentially offering good opportunities for skilled professionals to find employment without facing intense competition from a large pool of local candidates.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Dover, DE Accountants and Auditors Salary | $74,950↓ 5% | 11 mi |
| Vineland, NJ Accountants and Auditors Salary | $95,170↑ 21% | 29 mi |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Accountants and Auditors Salary | $96,390↑ 23% | 47 mi |
| Atlantic City-Hammonton, NJ Accountants and Auditors Salary | $90,810↑ 16% | 56 mi |
| Baltimore-Columbia-Towson, MD Accountants and Auditors Salary | $93,520↑ 19% | 59 mi |
Comparing salaries near Sussex Delaware nonmetropolitan area
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Sussex Delaware nonmetropolitan area?
The median annual salary for a Accountants and Auditors in Sussex Delaware nonmetropolitan area is $78,590. This typically ranges from $51,780 for entry-level positions to $113,000 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Sussex Delaware nonmetropolitan area is 16.8% lower than the national median of $94,430.
Is Sussex Delaware nonmetropolitan area a lucrative place for Accountants and Auditorss?
No, it is not considered particularly lucrative compared to national averages.The average salary of $78,590 is significantly lower than the national average of $94,430, although the cost of living is on par with the national average.
Is Sussex Delaware nonmetropolitan area a good place to live for Accountants and Auditors?
The Cost of Living Index in Sussex Delaware nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Sussex Delaware nonmetropolitan area?
Some top paying nearby cities include Dover, DE ($74,950) and Vineland, NJ.
How does the local workforce size affect job prospects?
A local workforce of 610 indicates a moderate-sized professional community, suggesting a steady but not overwhelming number of job openings for Accountants and Auditors in the Sussex, Delaware nonmetropolitan area.
What does a Location Quotient of 0.7 mean for Accountants and Auditors?
A Location Quotient of 0.7 signifies that the concentration of Accountants and Auditors in Sussex, Delaware is 30% lower than the national average, implying a potentially less competitive job market for these professionals.
How does the Cost of Living in Sussex, DE compare nationally?
The Cost of Living Index is 100, meaning that the expenses for housing, goods, and services in Sussex, Delaware are exactly in line with the national average.
Are there many Accountants and Auditors jobs per 1,000 workers in Sussex, DE?
With 6.529 jobs per 1,000 workers, the density of Accountant and Auditor roles is present, indicating consistent demand within the local economy relative to its overall workforce size.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 610 employees in the Sussex Delaware nonmetropolitan area area with a job density of 6.529 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 Sussex Delaware nonmetropolitan area