SalaryNode

Average Accountants and Auditors Salary in Watertown-Fort Drum, NY

Accountants and Auditors in Watertown-Fort Drum, NY, earn an average annual salary of $84,850. This figure is notably below the national average of $94,430, suggesting that local market dynamics and potentially a different economic landscape influence compensation in this region. Factors such as the specific industry mix and the demand for accounting services within the Watertown-Fort Drum area likely contribute to this salary differential.

Executive Summary

  • Average Salary: $84,850 per year.
  • Growth Trend: Salaries have shifted 24.7% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $128,020.
  • Outlook: With a local workforce of 200 Accountants and Auditors, the Watertown-Fort Drum area presents a modest but stable employment base for these professionals. The location quotient of 0.54 indicates a lower concentration of these roles compared to the national average, suggesting that while opportunities exist, the market is not saturated. The presence of 5.112 jobs per 1,000 workers points to a consistent, albeit not booming, demand for accounting and auditing expertise within the local economy.
2024 Market Data

Salary Overview

$84,850

The average Accountants and Auditors in Watertown-Fort Drum, NY earns-10.1%below the national average.

BreakdownBased on 40h/week
Hourly

$40.8

Weekly

$1,632

Monthly

$7,071

Accountants and Auditors Salary Distribution in Watertown-Fort Drum, NY

The career path for Accountants and Auditors typically involves significant salary progression with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with specialized skills and extensive experience can command salaries well above the average. The percentile gaps in salary distribution, though not detailed here, generally signify the substantial earning potential for senior accountants and auditors who have honed their expertise and taken on greater responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$51,270$24.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$63,638$30.6
ManagerOversees team, compliance, and project delivery.50% (Median)$76,050$36.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$106,063$51
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$128,020$61.5

Detailed Accountants and Auditors Market Analysis

Relocation Context

Nominal Salary

$84,850

Gross Pay

Real Wage (Purchasing Power)

$84,850

Adjusted for COL (100)

The average annual salary of $84,850 in Watertown-Fort Drum, NY, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average. While the salary is lower than the national average, the cost of living being on par suggests that the take-home pay in Watertown-Fort Drum offers a comparable standard of living to many other parts of the country.

Job Market Context

200

Total Jobs

5.112

Per 1K Jobs

0.54

Location Quotient

Below Average

Watertown-Fort Drum, NY has 0.54x 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.

A location quotient of 0.54 for Accountants and Auditors in Watertown-Fort Drum, NY, indicates that this profession is less concentrated in the area compared to the national average. This suggests that the job market for these roles is not overly competitive, and there may be a steady demand for qualified individuals. While not a hub for accounting professionals, the lower concentration implies that skilled accountants may find a more accessible entry point and potentially greater opportunities for advancement without facing intense competition.

Nearby Job Markets

Nearby Cities for Accountants and Auditors

CitySalaryDist.
Syracuse, NY Accountants and Auditors Salary$89,860↑ 6%66 mi
Utica-Rome, NY Accountants and Auditors Salary$85,140↑ 0%70 mi

Comparing salaries near Watertown-Fort Drum, NY

Hiring Accountants and Auditorss?

Frequently Asked Questions

How much does a Accountants and Auditors make in Watertown-Fort Drum, NY?

The median annual salary for a Accountants and Auditors in Watertown-Fort Drum, NY is $84,850. This typically ranges from $51,270 for entry-level positions to $128,020 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Watertown-Fort Drum, NY is 10.1% lower than the national median of $94,430.

Is Watertown-Fort Drum, NY a lucrative place for Accountants and Auditorss?

No, but it offers good value.The average salary of $84,850 is below the national average, but with a Cost of Living Index of 100, your purchasing power is equivalent to the national average, making it a stable financial environment.

Is Watertown-Fort Drum, NY a good place to live for Accountants and Auditors?

The Cost of Living Index in Watertown-Fort Drum, NY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Watertown-Fort Drum, NY?

Some top paying nearby cities include Syracuse, NY ($89,860) and Utica-Rome, NY.

How does the Watertown-Fort Drum salary compare to the national average?

The average annual salary for Accountants and Auditors in Watertown-Fort Drum, NY, is $84,850, which is lower than the national average of $94,430.

What is the concentration of Accountants and Auditors in Watertown-Fort Drum, NY?

The concentration, measured by the location quotient, is 0.54, indicating that Accountants and Auditors are less prevalent in Watertown-Fort Drum compared to the national average.

Does the Cost of Living affect the Watertown-Fort Drum salary?

The Cost of Living Index in Watertown-Fort Drum is 100, matching the national average. This means the $84,850 salary has purchasing power equivalent to the national average, offsetting the lower nominal wage.

How many Accountants and Auditors work in Watertown-Fort Drum, NY?

There are approximately 200 Accountants and Auditors employed in the Watertown-Fort Drum, NY area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Watertown-Fort Drum, NY area with a job density of 5.112 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Watertown-Fort Drum, NY

Semantic Salary Analysis for Accountants and Auditors • Data source: BLS OEWS 2024 •Jobs in Watertown-Fort Drum, NY