Average Accountants and Auditors Salary in Utica-Rome, NY
Accountants and Auditors in the Utica-Rome, NY area earn an average annual salary of $85,140. This figure is notably below the national average of $94,430, suggesting that local market dynamics, such as industry concentration and demand, play a significant role in compensation levels within this region.
Executive Summary
- Average Salary: $85,140 per year.
- Growth Trend: Salaries have shifted 25.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $125,970.
- Outlook: The Utica-Rome area supports a local workforce of 1,010 Accountants and Auditors. With a Location Quotient of 0.92, the concentration of these professionals is slightly below the national average, indicating a stable but not hyper-competitive job market. The presence of 8.611 jobs per 1,000 workers suggests a consistent demand for accounting and auditing services within the region.
Salary Overview
The average Accountants and Auditors in Utica-Rome, NY earns-9.8%below the national average.
$40.9
$1,637
$7,095
Accountants and Auditors Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that the accounting and auditing profession has experienced steady growth over the past four years, mirroring national trends. This growth likely translates to modest salary increases for Accountants and Auditors in Utica-Rome, NY, as demand for financial expertise continues to evolve.
Accountants and Auditors Salary Distribution in Utica-Rome, NY
Salary progression for Accountants and Auditors in Utica-Rome, NY, typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and a proven track record can command salaries in the higher percentiles. The increasing salary gaps observed across different experience levels signify clear career advancement opportunities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,260 | $23.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $63,855 | $30.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $76,730 | $36.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $106,425 | $51.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $125,970 | $60.6 |
Detailed Accountants and Auditors Market Analysis
Relocation Context
Nominal Salary
$85,140
Gross Pay
Real Wage (Purchasing Power)
$85,140
Adjusted for COL (100)
The average annual salary of $85,140 in Utica-Rome, NY, aligns precisely with the national average cost of living (index of 100). This means that the purchasing power of an Accountant and Auditor's salary in this region is comparable to the national standard, offering a balanced lifestyle without significant financial strain related to living expenses.
Job Market Context
1,010
Total Jobs
8.611
Per 1K Jobs
0.92
Location Quotient
Utica-Rome, NY has 0.92x 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 0.92, the Utica-Rome, NY market for Accountants and Auditors is nearly on par with the national average in terms of professional concentration. This suggests a healthy and competitive job market where demand is met by a comparable supply of talent, offering opportunities for skilled professionals without extreme saturation.
Nearby Job Markets
Nearby Cities for Accountants and Auditors
| City | Salary | Dist. |
|---|---|---|
| Syracuse, NY Accountants and Auditors Salary | $89,860↑ 6% | 46 mi |
| Southwest New York nonmetropolitan area Accountants and Auditors Salary | $89,680↑ 5% | 66 mi |
| Central East New York nonmetropolitan area Accountants and Auditors Salary | $87,370↑ 3% | 66 mi |
| Capital/Northern New York nonmetropolitan area Accountants and Auditors Salary | $83,730↓ 2% | 66 mi |
| Watertown-Fort Drum, NY Accountants and Auditors Salary | $84,850↓ 0% | 70 mi |
Comparing salaries near Utica-Rome, NY
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Frequently Asked Questions
How much does a Accountants and Auditors make in Utica-Rome, NY?
The median annual salary for a Accountants and Auditors in Utica-Rome, NY is $85,140. This typically ranges from $49,260 for entry-level positions to $125,970 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Utica-Rome, NY is 9.8% lower than the national median of $94,430.
Is Utica-Rome, NY a lucrative place for Accountants and Auditorss?
No, not exceptionally lucrative compared to the national average.While the average salary of $85,140 is substantial, it falls below the national average of $94,430. However, the cost of living being at the national average means the salary's purchasing power is equivalent.
Is Utica-Rome, NY a good place to live for Accountants and Auditors?
The Cost of Living Index in Utica-Rome, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Utica-Rome, NY?
Some top paying nearby cities include Syracuse, NY ($89,860) and Southwest New York nonmetropolitan area.
How does the Utica-Rome accountant salary compare to the national average?
The average salary for Accountants and Auditors in Utica-Rome, NY is $85,140, which is lower than the national average of $94,430.
What is the cost of living in Utica-Rome, NY for professionals?
The cost of living in Utica-Rome, NY is at the national average, with an index of 100, meaning expenses are neither significantly higher nor lower than the typical US city.
Is there high demand for Accountants and Auditors in Utica-Rome, NY?
The region has 8.611 jobs per 1,000 workers in this field, indicating a steady demand, though the Location Quotient of 0.92 suggests it's not a significantly concentrated hub for these professionals.
How does experience affect an Accountant's salary in Utica-Rome, NY?
Experience is a key factor in salary growth, with entry-level positions earning less and senior roles commanding higher salaries, reflecting a typical career progression path.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,010 employees in the Utica-Rome, NY area with a job density of 8.611 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 Utica-Rome, NY