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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Arecibo, PR

In Arecibo, PR, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $24,800. This figure is significantly lower than the national average of $51,940, reflecting regional economic factors and the specific demand within the local market. The cost of living in Arecibo aligns with the national average, making this salary comparison particularly important for financial planning.

Executive Summary

  • Average Salary: $24,800 per year.
  • Growth Trend: Salaries have shifted 18.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $30,430.
  • Outlook: The local workforce for Bookkeeping, Accounting, and Auditing Clerks in Arecibo comprises approximately 200 individuals. With a Location Quotient of 0.6, the concentration of these roles is below the national average, suggesting a moderate but not exceptionally high demand. The presence of nearly 6 jobs per 1,000 workers indicates a stable, albeit not rapidly expanding, job market for these professionals.
2024 Market Data

Salary Overview

$24,800

The average Bookkeeping, Accounting, and Auditing Clerks in Arecibo, PR earns-52.3%below the national average.

BreakdownBased on 40h/week
Hourly

$11.9

Weekly

$477

Monthly

$2,067

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Arecibo, PR

Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves moving from entry-level data entry and transaction processing to more complex tasks like financial statement preparation and auditing support. As professionals gain experience, their responsibilities expand, leading to higher earning potential. The salary distribution, though not detailed here, would show a widening gap between entry-level and senior positions, signifying substantial career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$19,760$9.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$18,600$8.9
ManagerOversees team, compliance, and project delivery.50% (Median)$22,880$11
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$31,000$14.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$30,430$14.6

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$24,800

Gross Pay

Real Wage (Purchasing Power)

$24,800

Adjusted for COL (100)

The average annual salary of $24,800 in Arecibo, PR, is directly comparable to the national Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is likely on par with the national average, as the cost of goods and services is not elevated locally.

Job Market Context

200

Total Jobs

5.687

Per 1K Jobs

0.6

Location Quotient

Below Average

Arecibo, PR has 0.60x 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.

A Location Quotient of 0.6 for Bookkeeping, Accounting, and Auditing Clerks in Arecibo indicates that this profession is less concentrated than the national average. This suggests that while there is a consistent need for these roles, the market is not saturated, potentially offering stable employment opportunities for qualified individuals without intense competition.

Nearby Job Markets

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Arecibo, PR?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Arecibo, PR is $24,800. This typically ranges from $19,760 for entry-level positions to $30,430 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Arecibo, PR is 52.3% lower than the national median of $51,940.

Is Arecibo, PR a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

No, not when compared to national averages.The average salary of $24,800 is significantly below the national average of $51,940. However, the local cost of living aligns with the national average, mitigating some of the disparity in purchasing power.

Is Arecibo, PR a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in Arecibo, PR is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Arecibo, PR?

Some top paying nearby cities include Puerto Rico nonmetropolitan area ($24,770) and Aguadilla, PR.

What is the average salary for Bookkeeping, Accounting, and Auditing Clerks in Arecibo, PR?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Arecibo, PR, is $24,800.

How does the Arecibo salary compare to the national average?

The average salary in Arecibo ($24,800) is considerably lower than the national average of $51,940.

What is the Cost of Living Index in Arecibo, PR?

Arecibo, PR, has a Cost of Living Index of 100, which is equivalent to the national average.

Is there high demand for Bookkeeping, Accounting, and Auditing Clerks in Arecibo?

With a Location Quotient of 0.6, the concentration of these roles is below the national average, indicating moderate demand rather than exceptionally high demand.

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 Arecibo, PR area with a job density of 5.687 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.