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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Arkansas

Bookkeeping, Accounting, and Auditing Clerks in Arkansas earn an average annual salary of $43,320. This figure is notably below the national average of $51,940, reflecting the state's unique economic landscape and cost of living. Factors such as regional demand and the overall economic structure of Arkansas play a significant role in shaping compensation for these vital financial roles.

Executive Summary

  • Average Salary: $43,320 per year.
  • Growth Trend: Salaries have shifted 17.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $58,920.
  • Outlook: With a substantial local workforce of 12,560 individuals in this field, Arkansas demonstrates a solid presence of Bookkeeping, Accounting, and Auditing Clerks. The location quotient of 1.03 suggests a concentration of these roles that is slightly above the national average, indicating a stable and perhaps growing demand within the state's economy.
2024 Market Data

Salary Overview

$43,320

The average Bookkeeping, Accounting, and Auditing Clerks in Arkansas earns-16.6%below the national average.

BreakdownBased on 40h/week
Hourly

$20.8

Weekly

$833

Monthly

$3,610

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Arkansas

Career progression for Bookkeeping, Accounting, and Auditing Clerks in Arkansas typically sees significant salary increases with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior clerks with specialized skills and extensive experience can command salaries well above the average, with percentile gaps clearly signifying these advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$26,300$12.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$32,490$15.6
ManagerOversees team, compliance, and project delivery.50% (Median)$40,070$19.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$54,150$26
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$58,920$28.3

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$43,320

Gross Pay

Real Wage (Purchasing Power)

$47,973

Adjusted for COL (90.3)

The average annual salary of $43,320 in Arkansas presents a favorable financial situation when considered against the state's Cost of Living Index of 90.3. This index, being below the national average of 100, means that the nominal salary earned by clerks in Arkansas likely offers a higher purchasing power locally compared to what the same salary would provide in a higher cost-of-living area.

Job Market Context

12,560

Total Jobs

9.742

Per 1K Jobs

1.03

Location Quotient

Above Average

With a location quotient of 1.03, Arkansas has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

Arkansas's location quotient of 1.03 for Bookkeeping, Accounting, and Auditing Clerks indicates a job market that is slightly more concentrated than the national average. This suggests that while the field is well-represented, it may not be overly saturated, offering a balanced environment for job seekers and employers alike.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

CitySalaryDist.
Little Rock-North Little Rock-Conway, AR Bookkeeping, Accounting, and Auditing Clerks Salary$46,880↑ 8%17 mi
Hot Springs, AR Bookkeeping, Accounting, and Auditing Clerks Salary$40,680↓ 6%51 mi

Comparing salaries near Arkansas

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

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

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Arkansas is $43,320. This typically ranges from $26,300 for entry-level positions to $58,920 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Arkansas is 16.6% lower than the national median of $51,940.

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

No, not compared to the national average.While the average salary is $43,320, it falls below the national average of $51,940. However, the lower cost of living in Arkansas may offset some of this difference in purchasing power.

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

With a Cost of Living Index of 90.3 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Arkansas?

Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($46,880) and Hot Springs, AR.

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

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Arkansas is $43,320.

How does the Arkansas salary compare to the national average?

The average salary in Arkansas ($43,320) is lower than the national average ($51,940).

What is the concentration of Bookkeeping, Accounting, and Auditing Clerks in Arkansas?

Arkansas has a location quotient of 1.03 for these roles, indicating a concentration slightly above the national average.

How does the cost of living in Arkansas affect the salary?

With a Cost of Living Index of 90.3, Arkansas is more affordable than the national average, meaning the $43,320 salary may offer better purchasing power locally.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 12,560 employees in the Arkansas area with a job density of 9.742 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Bookkeeping, Accounting, and Auditing Clerks • Data source: BLS OEWS 2024 •Jobs in Arkansas