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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Amherst Town-Northampton, MA

In Amherst Town-Northampton, MA, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $55,440. This figure surpasses the national average of $51,940, indicating a slightly more favorable compensation landscape in this specific region. Local economic factors and demand dynamics likely contribute to this elevated pay scale.

Executive Summary

  • Average Salary: $55,440 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $73,890.
  • Outlook: The local job market for Bookkeeping, Accounting, and Auditing Clerks in Amherst Town-Northampton, MA, appears stable with a total workforce of 530 individuals in this role. A Location Quotient of 0.8 suggests that while the concentration of these roles is slightly below the national average, the presence of 7.54 jobs per 1,000 workers indicates a consistent demand within the local economy.
2024 Market Data

Salary Overview

$55,440

The average Bookkeeping, Accounting, and Auditing Clerks in Amherst Town-Northampton, MA earns+6.7%above the national average.

BreakdownBased on 40h/week
Hourly

$26.7

Weekly

$1,066

Monthly

$4,620

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Amherst Town-Northampton, MA

Career progression significantly impacts earnings for Bookkeeping, Accounting, and Auditing Clerks. Entry-level positions typically start at the lower end of the salary spectrum, while senior clerks with extensive experience and specialized skills can command salaries well above the average. The percentile gaps in salary distribution clearly signify the potential for substantial career and financial advancement within this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,490$18.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$41,580$20
ManagerOversees team, compliance, and project delivery.50% (Median)$54,200$26.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$69,300$33.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$73,890$35.5

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$55,440

Gross Pay

Real Wage (Purchasing Power)

$55,440

Adjusted for COL (100)

The average annual salary of $55,440 in Amherst Town-Northampton, MA, aligns perfectly with the local Cost of Living Index of 100, which represents the national average. This means that the purchasing power of this salary is equivalent to the national average, suggesting that the nominal wage effectively covers the cost of living without a significant premium or deficit.

Job Market Context

530

Total Jobs

7.54

Per 1K Jobs

0.8

Location Quotient

Below Average

Amherst Town-Northampton, MA has 0.80x 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 0.8, Amherst Town-Northampton, MA, has a slightly lower concentration of Bookkeeping, Accounting, and Auditing Clerks compared to the national average. This suggests that the job market is not oversaturated, potentially offering a balanced environment for job seekers where demand is present but competition might be less intense than in areas with a higher concentration.

Nearby Job Markets

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Amherst Town-Northampton, MA?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Amherst Town-Northampton, MA is $55,440. This typically ranges from $38,490 for entry-level positions to $73,890 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Amherst Town-Northampton, MA is 6.7% higher than the national median of $51,940.

Is Amherst Town-Northampton, MA a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

Yes, it offers slightly above-average compensation.The average salary of $55,440 is higher than the national average, and the cost of living is on par with the national average, indicating good earning potential.

Is Amherst Town-Northampton, MA a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in Amherst Town-Northampton, MA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Amherst Town-Northampton, MA?

Some top paying nearby cities include Springfield, MA ($52,890) and Worcester, MA.

How does the Amherst Town-Northampton salary compare to the national average?

The average salary for Bookkeeping, Accounting, and Auditing Clerks in Amherst Town-Northampton, MA, is $55,440, which is $3,500 higher than the national average of $51,940.

What is the significance of the Location Quotient (LQ) in Amherst Town-Northampton?

An LQ of 0.8 means that the concentration of Bookkeeping, Accounting, and Auditing Clerks in Amherst Town-Northampton is slightly lower than the national average, suggesting a moderately competitive job market.

How does the Cost of Living affect the salary in Amherst Town-Northampton?

With a Cost of Living Index of 100, the $55,440 salary in Amherst Town-Northampton has the same purchasing power as the national average salary, indicating a balanced economic environment.

What is the total number of Bookkeeping, Accounting, and Auditing Clerk jobs in Amherst Town-Northampton?

There are approximately 530 Bookkeeping, Accounting, and Auditing Clerks employed in the Amherst Town-Northampton area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 530 employees in the Amherst Town-Northampton, MA area with a job density of 7.54 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.