Average Accountants and Auditors Salary in Upper East Mississippi nonmetropolitan area
Accountants and Auditors in the Upper East Mississippi nonmetropolitan area earn an average annual salary of $69,780. This figure is notably lower than the national average of $94,430, reflecting regional economic factors and a less concentrated demand for specialized financial roles. The specific economic landscape and industry mix within this nonmetropolitan region directly influence compensation levels for these professionals.
Executive Summary
- Average Salary: $69,780 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $101,820.
- Outlook: With a local workforce of 1,020 Accountants and Auditors, the job market in Upper East Mississippi presents a moderate presence. The Location Quotient of 0.5 indicates that this profession is less concentrated here compared to the national average, suggesting a stable but not rapidly expanding demand. The number of jobs per 1,000 workers (4.725) further supports the notion of a steady employment environment for financial professionals in this area.
Salary Overview
The average Accountants and Auditors in Upper East Mississippi nonmetropolitan area earns-26.1%below the national average.
$33.6
$1,342
$5,815
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Accountants and Auditors in Upper East Mississippi have experienced gradual growth over the past four years, mirroring national trends. Economic development and the increasing complexity of financial regulations typically drive modest annual increases in compensation for skilled professionals in this field.
Accountants and Auditors Salary Distribution in Upper East Mississippi nonmetropolitan area
The career trajectory for Accountants and Auditors in Upper East Mississippi, as elsewhere, typically involves salary increases with experience. Entry-level positions will likely command salaries at the lower end of the spectrum, while senior roles, requiring extensive expertise and responsibility, will be compensated at the higher percentiles. The widening gap between entry-level and senior salaries signifies clear opportunities for career progression and increased earning potential within the region.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $42,350 | $20.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $52,335 | $25.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,320 | $30.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $87,225 | $41.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $101,820 | $49 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$69,780
Gross Pay
Real Wage (Purchasing Power)
$69,780
Adjusted for COL (100)
The average annual salary of $69,780 in Upper East Mississippi aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Accountant or Auditor's salary in this region is equivalent to the national average. While the nominal salary is lower than the national average, the cost of living does not present a disadvantage, suggesting that the take-home pay effectively matches the national standard in terms of affordability.
Job Market Context
1,020
Total Jobs
4.725
Per 1K Jobs
0.5
Location Quotient
Upper East Mississippi nonmetropolitan area has 0.50x 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 0.5 for Accountants and Auditors in Upper East Mississippi indicates that the concentration of these professionals is half that of the national average. This suggests a less competitive job market with potentially fewer specialized roles compared to metropolitan areas. While this might mean fewer opportunities for highly specialized positions, it could also imply a greater demand for generalist financial expertise within the local economy.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Jackson, MS Accountants and Auditors Salary | $77,440↑ 11% | 43 mi |
Comparing salaries near Upper East Mississippi nonmetropolitan area
Hiring Accountants and Auditorss?
Frequently Asked Questions
How much does a Accountants and Auditors make in Upper East Mississippi nonmetropolitan area?
The median annual salary for a Accountants and Auditors in Upper East Mississippi nonmetropolitan area is $69,780. This typically ranges from $42,350 for entry-level positions to $101,820 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Upper East Mississippi nonmetropolitan area is 26.1% lower than the national median of $94,430.
Is Upper East Mississippi nonmetropolitan area a lucrative place for Accountants and Auditors?
No, it is not as lucrative as the national average.The average salary of $69,780 is significantly below the national average of $94,430, although the cost of living is also at the national average.
Is Upper East Mississippi nonmetropolitan area a good place to live for Accountants and Auditors?
The Cost of Living Index in Upper East Mississippi nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Upper East Mississippi nonmetropolitan area?
Some top paying nearby cities include Jackson, MS ($77,440) and others.
How does the local salary compare to the national average?
The average salary for Accountants and Auditors in Upper East Mississippi is $69,780, which is substantially lower than the national average of $94,430.
What is the cost of living in Upper East Mississippi for Accountants and Auditors?
The Cost of Living Index in Upper East Mississippi is 100, which is exactly the national average, meaning the cost of goods and services is comparable to the rest of the country.
How concentrated is the job market for Accountants and Auditors in this area?
The job market is less concentrated than the national average, with a Location Quotient of 0.5, indicating fewer professionals relative to the national proportion.
What is the total number of Accountants and Auditors in Upper East Mississippi?
There are approximately 1,020 Accountants and Auditors employed in the Upper East Mississippi nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,020 employees in the Upper East Mississippi nonmetropolitan area area with a job density of 4.725 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 Upper East Mississippi nonmetropolitan area