Average Bookkeeping, Accounting, and Auditing Clerks Salary in Albany, OR
In Albany, OR, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $51,170. This figure is slightly below the national average of $51,940, suggesting a localized compensation structure influenced by regional economic factors and the specific demand within the Albany area. The cost of living in Albany is at the national average, making this salary competitive within its immediate economic landscape.
Executive Summary
- Average Salary: $51,170 per year.
- Growth Trend: Salaries have shifted 29.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $67,600.
- Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in Albany, OR, appears robust, with a total local workforce of 590 individuals in this role. The Location Quotient of 1.35 indicates a higher concentration of these professionals compared to the national average, suggesting a steady demand and a well-established presence of these essential financial support roles within the local economy.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Albany, OR earns-1.5%below the national average.
$24.6
$984
$4,264
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Albany, OR is not provided, it is reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks have experienced growth over the past four years, mirroring national trends. Economic recovery, inflation, and increasing demand for financial services typically drive upward salary adjustments for these roles, ensuring compensation remains competitive and reflective of evolving market conditions.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Albany, OR
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a salary increase with experience. Entry-level positions will likely fall at the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command significantly higher salaries, often reaching the 75th percentile or beyond. These percentile gaps clearly signify the career advancement opportunities available within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,750 | $17.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $38,378 | $18.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $48,860 | $23.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $63,963 | $30.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $67,600 | $32.5 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$51,170
Gross Pay
Real Wage (Purchasing Power)
$51,170
Adjusted for COL (100)
With an average annual salary of $51,170 and a Cost of Living Index of 100 (matching the national average), the nominal salary in Albany, OR, holds its purchasing power effectively. This means that the $51,170 earned by bookkeeping clerks in Albany provides a standard of living equivalent to the national average, offering stability for residents and making relocation financially neutral from a cost-of-living perspective.
Job Market Context
590
Total Jobs
12.778
Per 1K Jobs
1.35
Location Quotient
With a location quotient of 1.35, Albany, OR has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
The Location Quotient of 1.35 for Bookkeeping, Accounting, and Auditing Clerks in Albany, OR, signifies a notable concentration of these roles relative to the national average. This suggests that the market is more specialized or has a higher demand for these skills within Albany than in many other regions, potentially leading to a more competitive environment for job seekers but also indicating a stable and established industry presence.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Corvallis, OR Bookkeeping, Accounting, and Auditing Clerks Salary | $50,330↓ 2% | 10 mi |
| Salem, OR Bookkeeping, Accounting, and Auditing Clerks Salary | $54,810↑ 7% | 21 mi |
| Eugene-Springfield, OR Bookkeeping, Accounting, and Auditing Clerks Salary | $49,850↓ 3% | 39 mi |
| Coast Oregon nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary | $49,460↓ 3% | 51 mi |
| Eastern Oregon nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary | $49,880↓ 3% | 51 mi |
Comparing salaries near Albany, OR
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Albany, OR?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Albany, OR is $51,170. This typically ranges from $35,750 for entry-level positions to $67,600 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albany, OR is 1.5% lower than the national median of $51,940.
Is Albany, OR a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, it offers competitive compensation relative to its cost of living.The average salary of $51,170 aligns perfectly with the national average cost of living, providing strong purchasing power. Furthermore, a Location Quotient above 1.0 indicates a healthy concentration and demand for these roles locally.
Is Albany, OR a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Albany, OR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Albany, OR?
Some top paying nearby cities include Corvallis, OR ($50,330) and Salem, OR.
How does Albany's average salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Albany, OR is $51,170, which is slightly lower than the national average of $51,940.
What is the significance of the Location Quotient in Albany?
A Location Quotient of 1.35 means that Albany has 35% more Bookkeeping, Accounting, and Auditing Clerks per worker than the national average, indicating a higher concentration and potentially stronger local demand for these professionals.
How does the cost of living in Albany affect the salary?
Albany's Cost of Living Index is 100, which is the national average. This means the $51,170 salary has the same purchasing power in Albany as the national average salary does nationally.
What is the total number of Bookkeeping, Accounting, and Auditing Clerks in Albany?
There are approximately 590 Bookkeeping, Accounting, and Auditing Clerks employed in the Albany, OR area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 590 employees in the Albany, OR area with a job density of 12.778 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Bookkeeping, Accounting, and Auditing Clerks • Data source: BLS OEWS 2024 •Jobs in Albany, OR