Average Accountants and Auditors Salary in Tuscaloosa, AL
Accountants and Auditors in Tuscaloosa, AL earn an average annual salary of $79,080. This figure is notably below the national average of $94,430, reflecting localized economic factors and demand specific to the Tuscaloosa market. While the nominal salary may seem lower, understanding the local economic landscape is crucial for a complete picture.
Executive Summary
- Average Salary: $79,080 per year.
- Growth Trend: Salaries have shifted 10.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $120,520.
- Outlook: Tuscaloosa supports a local workforce of 990 Accountants and Auditors, with 9.096 jobs per 1,000 workers. The Location Quotient of 0.97 indicates a concentration of these professionals that is nearly on par with the national average, suggesting a stable and established presence of accounting and auditing roles within the city's economy.
Salary Overview
The average Accountants and Auditors in Tuscaloosa, AL earns-16.3%below the national average.
$38
$1,521
$6,590
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for Tuscaloosa is not provided, it is generally assumed that salaries for Accountants and Auditors nationwide have experienced consistent growth over the past four years, driven by inflation, increasing demand for financial expertise, and evolving regulatory landscapes. This national trend likely extends to Tuscaloosa, suggesting a gradual upward trajectory for local compensation.
Accountants and Auditors Salary Distribution in Tuscaloosa, AL
Career progression for Accountants and Auditors in Tuscaloosa, 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 salary distribution, with higher earners in senior roles, reflects the value placed on expertise and responsibility within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,770 | $23.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $59,310 | $28.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $73,390 | $35.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $98,850 | $47.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $120,520 | $57.9 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$79,080
Gross Pay
Real Wage (Purchasing Power)
$79,080
Adjusted for COL (100)
With a Cost of Living Index of 100, Tuscaloosa's cost of living is precisely at the national average. This means the nominal average salary of $79,080 for Accountants and Auditors in Tuscaloosa holds its purchasing power directly in line with the national standard, offering a balanced financial environment for residents.
Job Market Context
990
Total Jobs
9.096
Per 1K Jobs
0.97
Location Quotient
Tuscaloosa, AL has 0.97x 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 0.97 for Accountants and Auditors in Tuscaloosa suggests a job market that is closely aligned with the national average in terms of concentration. This indicates a healthy level of demand and supply for these professionals, without significant over-saturation or scarcity, making it a competitive yet accessible market.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Birmingham, AL Accountants and Auditors Salary | $82,830↑ 5% | 47 mi |
| Northeast Alabama nonmetropolitan area Accountants and Auditors Salary | $70,600↓ 11% | 52 mi |
| Southeast Alabama nonmetropolitan area Accountants and Auditors Salary | $77,050↓ 3% | 52 mi |
| Northwest Alabama nonmetropolitan area Accountants and Auditors Salary | $73,160↓ 7% | 52 mi |
| Southwest Alabama nonmetropolitan area Accountants and Auditors Salary | $74,430↓ 6% | 52 mi |
Comparing salaries near Tuscaloosa, AL
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Tuscaloosa, AL?
The median annual salary for a Accountants and Auditors in Tuscaloosa, AL is $79,080. This typically ranges from $48,770 for entry-level positions to $120,520 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Tuscaloosa, AL is 16.3% lower than the national median of $94,430.
Is Tuscaloosa, AL a lucrative place for Accountants and Auditors?
No, not exceptionally lucrative compared to national averages.While the average salary of $79,080 is solid, it falls below the national average of $94,430. However, the cost of living being at the national average (100) means the purchasing power of the salary is standard.
Is Tuscaloosa, AL a good place to live for Accountants and Auditors?
The Cost of Living Index in Tuscaloosa, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Tuscaloosa, AL?
Some top paying nearby cities include Birmingham, AL ($82,830) and Northeast Alabama nonmetropolitan area.
How does Tuscaloosa's Accountant salary compare to the national average?
The average annual salary for Accountants and Auditors in Tuscaloosa, AL is $79,080, which is lower than the national average of $94,430.
What is the concentration of Accountants and Auditors in Tuscaloosa?
Tuscaloosa has a Location Quotient of 0.97 for Accountants and Auditors, indicating a job market concentration very close to the national average.
How does the cost of living in Tuscaloosa affect salary perception?
Tuscaloosa's Cost of Living Index is 100, meaning it is exactly at the national average. Therefore, the $79,080 salary has standard purchasing power relative to the rest of the country.
What is the total workforce size for Accountants and Auditors in Tuscaloosa?
There are approximately 990 Accountants and Auditors employed in Tuscaloosa, AL.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 990 employees in the Tuscaloosa, AL area with a job density of 9.096 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 Tuscaloosa, AL