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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Ann Arbor, MI

In Ann Arbor, MI, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $51,330. This figure is slightly below the national average of $51,940, indicating a competitive but stable market. Local economic factors and the specific demand within the Ann Arbor area contribute to this salary positioning.

Executive Summary

  • Average Salary: $51,330 per year.
  • Growth Trend: Salaries have shifted 14.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $68,370.
  • Outlook: With a local workforce of 1,400 individuals in this field and a Location Quotient of 0.68, Ann Arbor presents a moderately concentrated but established job market for bookkeeping and accounting clerks. The presence of 6.443 jobs per 1,000 workers suggests a consistent demand, though not exceeding national concentrations, pointing to a stable employment outlook.
2024 Market Data

Salary Overview

$51,330

The average Bookkeeping, Accounting, and Auditing Clerks in Ann Arbor, MI earns-1.2%below the national average.

BreakdownBased on 40h/week
Hourly

$24.7

Weekly

$987

Monthly

$4,278

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Ann Arbor, MI

Salary progression for Bookkeeping, Accounting, and Auditing Clerks in Ann Arbor typically scales with experience. Entry-level positions may start closer to the lower percentiles, while senior clerks with extensive experience and specialized skills can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,520$17.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$38,498$18.5
ManagerOversees team, compliance, and project delivery.50% (Median)$49,270$23.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$64,163$30.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$68,370$32.9

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$51,330

Gross Pay

Real Wage (Purchasing Power)

$51,330

Adjusted for COL (100)

The average annual salary of $51,330 in Ann Arbor aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an accounting clerk's salary in Ann Arbor is equivalent to the national average, offering a balanced financial landscape for residents.

Job Market Context

1,400

Total Jobs

6.443

Per 1K Jobs

0.68

Location Quotient

Below Average

Ann Arbor, MI has 0.68x 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.

Ann Arbor's Location Quotient of 0.68 indicates that the concentration of Bookkeeping, Accounting, and Auditing Clerks is below the national average. This suggests that while the profession is present and necessary, it is not a dominant industry in the local economy compared to other regions, implying a moderately competitive job market.

Nearby Job Markets

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Ann Arbor, MI?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Ann Arbor, MI is $51,330. This typically ranges from $36,520 for entry-level positions to $68,370 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Ann Arbor, MI is 1.2% lower than the national median of $51,940.

Is Ann Arbor, MI a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

No, it is not significantly more lucrative than the national average.The average salary of $51,330 is slightly below the national average of $51,940, and the cost of living is exactly at the national average, offering no significant financial advantage.

Is Ann Arbor, MI a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in Ann Arbor, MI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Ann Arbor, MI?

Some top paying nearby cities include Monroe, MI ($48,430) and Jackson, MI.

How does Ann Arbor's salary compare to the national average for this role?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Ann Arbor, MI is $51,330, which is slightly lower than the national average of $51,940.

What is the concentration of accounting clerks in Ann Arbor?

Ann Arbor has a Location Quotient of 0.68 for this profession, meaning the concentration of these jobs is below the national average.

How does the cost of living in Ann Arbor affect the salary?

Ann Arbor's Cost of Living Index is 100, which is the national average. Therefore, the nominal salary of $51,330 has the same purchasing power as the national average salary.

What is the total number of accounting clerks in Ann Arbor?

There are approximately 1,400 individuals employed as Bookkeeping, Accounting, and Auditing Clerks in the Ann Arbor, MI area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,400 employees in the Ann Arbor, MI area with a job density of 6.443 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.