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Average Accountants and Auditors Salary in Wasatch Front Fringe Utah nonmetropolitan area

Accountants and Auditors in the Wasatch Front Fringe nonmetropolitan area of Utah earn an average annual salary of $78,570. This figure is notably below the national average of $94,430, reflecting the economic dynamics and potentially lower demand for specialized financial roles in nonmetropolitan regions compared to larger urban centers.

Executive Summary

  • Average Salary: $78,570 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $126,080.
  • Outlook: With a local workforce of 580 Accountants and Auditors, the job market in the Wasatch Front Fringe area presents a stable, albeit not rapidly expanding, opportunity. The Location Quotient of 0.94 suggests a concentration of these professionals that is nearly in line with the national average, indicating a steady presence rather than a surge in demand.
2024 Market Data

Salary Overview

$78,570

The average Accountants and Auditors in Wasatch Front Fringe Utah nonmetropolitan area earns-16.8%below the national average.

BreakdownBased on 40h/week
Hourly

$37.8

Weekly

$1,511

Monthly

$6,548

Accountants and Auditors Salary Distribution in Wasatch Front Fringe Utah nonmetropolitan area

Career progression for Accountants and Auditors in the Wasatch Front Fringe is marked by a significant salary increase with experience. Entry-level positions may start closer to the lower percentiles, while senior roles, demanding greater expertise and responsibility, command salaries in the higher percentiles, reflecting the value of accumulated knowledge and leadership.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$39,620$19
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$58,928$28.3
ManagerOversees team, compliance, and project delivery.50% (Median)$72,570$34.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$98,213$47.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$126,080$60.6

Detailed Accountants and Auditors Market Analysis

Relocation Context

Nominal Salary

$78,570

Gross Pay

Real Wage (Purchasing Power)

$78,570

Adjusted for COL (100)

The nominal average salary of $78,570 in the Wasatch Front Fringe aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of an Accountant's or Auditor's salary in this area is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.

Job Market Context

580

Total Jobs

8.876

Per 1K Jobs

0.94

Location Quotient

Below Average

Wasatch Front Fringe Utah nonmetropolitan area has 0.94x 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 0.94 for Accountants and Auditors in the Wasatch Front Fringe indicates a job market that is almost as concentrated as the national average. This suggests a balanced supply and demand, where the number of professionals aligns closely with the needs of local businesses, implying moderate competition for roles.

Nearby Job Markets

Nearby Cities for Accountants and Auditors

Comparing salaries near Wasatch Front Fringe Utah nonmetropolitan area

Hiring Accountants and Auditorss?

Frequently Asked Questions

How much does a Accountants and Auditors make in Wasatch Front Fringe Utah nonmetropolitan area?

The median annual salary for a Accountants and Auditors in Wasatch Front Fringe Utah nonmetropolitan area is $78,570. This typically ranges from $39,620 for entry-level positions to $126,080 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Wasatch Front Fringe Utah nonmetropolitan area is 16.8% lower than the national median of $94,430.

Is Wasatch Front Fringe Utah nonmetropolitan area a lucrative place for Accountants and Auditors?

No, it is not exceptionally lucrative compared to national averages.While the average salary of $78,570 is respectable, it falls significantly short of the national average of $94,430. The cost of living being at the national average means the lower nominal salary translates to lower real wages compared to national benchmarks.

Is Wasatch Front Fringe Utah nonmetropolitan area a good place to live for Accountants and Auditors?

The Cost of Living Index in Wasatch Front Fringe Utah nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Wasatch Front Fringe Utah nonmetropolitan area?

Some top paying nearby cities include Provo-Orem-Lehi, UT ($79,290) and Salt Lake City-Murray, UT.

How does the local workforce size impact job opportunities?

A local workforce of 580 suggests a moderately sized pool of professionals, indicating a stable but not overly saturated job market for Accountants and Auditors in the Wasatch Front Fringe area.

What does a Location Quotient of 0.94 signify?

A Location Quotient of 0.94 means that the concentration of Accountants and Auditors in the Wasatch Front Fringe is slightly below the national average, suggesting a balanced job market with neither an oversupply nor a significant shortage of professionals.

How does the Cost of Living affect the salary?

With a Cost of Living Index of 100, the $78,570 salary in Wasatch Front Fringe offers purchasing power equivalent to the national average, meaning expenses are neither significantly higher nor lower than elsewhere in the country.

What are the job prospects for Accountants and Auditors in this region?

Job prospects appear stable, with a consistent presence of professionals and a cost of living that matches the national average, making it a steady, though not high-paying, environment for Accountants and Auditors.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 580 employees in the Wasatch Front Fringe Utah nonmetropolitan area area with a job density of 8.876 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.