Average Bookkeeping, Accounting, and Auditing Clerks Salary in Altoona, PA
In Altoona, PA, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $43,370. This figure is notably below the national average of $51,940, reflecting the unique economic landscape and demand specific to the Altoona region. Localized economic factors and industry concentration play a significant role in shaping compensation for these essential financial roles.
Executive Summary
- Average Salary: $43,370 per year.
- Growth Trend: Salaries have shifted 21.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $58,690.
- Outlook: The local job market for Bookkeeping, Accounting, and Auditing Clerks in Altoona, PA, appears stable, with a total workforce of 540 individuals in this sector. A Location Quotient of 0.99 suggests that the concentration of these roles in Altoona is very close to the national average, indicating a balanced demand and supply within the local economy. The presence of 9.312 jobs per 1,000 workers further supports a consistent need for these professionals.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Altoona, PA earns-16.5%below the national average.
$20.9
$834
$3,614
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Altoona is not provided, it is reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in the region have experienced gradual growth over the past four years, mirroring national trends. Economic shifts, inflation, and evolving industry demands typically drive incremental increases in compensation for skilled administrative and financial support roles.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Altoona, PA
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Altoona, PA, is typically marked by increasing salary levels with experience. Entry-level positions will command lower salaries, while senior clerks with extensive experience and specialized skills can expect to earn significantly more. The percentile gaps in salary distribution highlight the opportunities for advancement and increased earning potential as professionals develop their expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $28,690 | $13.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $32,528 | $15.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $41,480 | $19.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $54,213 | $26.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $58,690 | $28.2 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$43,370
Gross Pay
Real Wage (Purchasing Power)
$43,370
Adjusted for COL (100)
The nominal average salary of $43,370 in Altoona, PA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary in Altoona is equivalent to the national average, suggesting that while the salary is below the national average, the cost of living does not disproportionately diminish its value.
Job Market Context
540
Total Jobs
9.312
Per 1K Jobs
0.99
Location Quotient
Altoona, PA has 0.99x the national average concentration of Bookkeeping, Accounting, and Auditing Clerks 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 0.99, the job market for Bookkeeping, Accounting, and Auditing Clerks in Altoona, PA, is nearly on par with the national average in terms of concentration. This indicates a stable and competitive environment where the number of professionals in this field closely matches the national proportion relative to the overall workforce, suggesting steady but not exceptionally high demand.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Johnstown, PA Bookkeeping, Accounting, and Auditing Clerks Salary | $43,040↓ 1% | 30 mi |
| State College, PA Bookkeeping, Accounting, and Auditing Clerks Salary | $47,300↑ 9% | 35 mi |
| Chambersburg, PA Bookkeeping, Accounting, and Auditing Clerks Salary | $46,740↑ 8% | 56 mi |
| Hagerstown-Martinsburg, MD-WV Bookkeeping, Accounting, and Auditing Clerks Salary | $47,670↑ 10% | 70 mi |
| Gettysburg, PA Bookkeeping, Accounting, and Auditing Clerks Salary | $47,230↑ 9% | 77 mi |
Comparing salaries near Altoona, PA
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Altoona, PA?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Altoona, PA is $43,370. This typically ranges from $28,690 for entry-level positions to $58,690 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Altoona, PA is 16.5% lower than the national median of $51,940.
Is Altoona, PA a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not exceptionally lucrative compared to national averages.While the cost of living is average, the average salary of $43,370 is significantly lower than the national average of $51,940, indicating less lucrative earning potential locally.
Is Altoona, PA a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Altoona, PA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Altoona, PA?
Some top paying nearby cities include Johnstown, PA ($43,040) and State College, PA.
How does Altoona's salary for these clerks compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Altoona, PA, is $43,370, which is lower than the national average of $51,940.
What is the concentration of Bookkeeping, Accounting, and Auditing Clerks in Altoona, PA?
The concentration, measured by the Location Quotient, is 0.99, indicating that the presence of these roles in Altoona is very close to the national average.
Does the cost of living in Altoona affect the perceived value of the salary?
No, the cost of living in Altoona is exactly at the national average (100), meaning the $43,370 salary has the same purchasing power locally as the national average salary would have nationally.
How many Bookkeeping, Accounting, and Auditing Clerk jobs are there per 1,000 workers in Altoona?
There are approximately 9.312 jobs per 1,000 workers in Altoona, PA, for Bookkeeping, Accounting, and Auditing Clerks.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 540 employees in the Altoona, PA area with a job density of 9.312 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 Altoona, PA