Average Bookkeeping, Accounting, and Auditing Clerks Salary in Bangor, ME
In Bangor, ME, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $50,250. This figure is slightly below the national average of $51,940, indicating a localized pay structure influenced by regional economic factors and the specific demand within the Bangor area. While not reaching the national benchmark, this salary is competitive within the local market.
Executive Summary
- Average Salary: $50,250 per year.
- Growth Trend: Salaries have shifted 22.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $62,860.
- Outlook: With a local workforce of 830 individuals in this sector and a Location Quotient of 1.23, Bangor, ME demonstrates a notable concentration of bookkeeping, accounting, and auditing clerk roles relative to the national average. This suggests a stable and potentially growing demand for these professionals within the region, indicating a robust job market for skilled individuals.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Bangor, ME earns-3.3%below the national average.
$24.2
$966
$4,188
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Bangor, ME is not provided, it is generally assumed that salaries for Bookkeeping, Accounting, and Auditing Clerks have seen consistent growth over the past four years, mirroring national trends. This upward trajectory is typically driven by inflation, increasing demand for financial services, and the need for specialized accounting skills.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Bangor, ME
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Bangor, ME, typically involves a salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior roles, requiring extensive experience and specialized knowledge, can command significantly higher salaries, reflecting the percentile gaps in earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,340 | $18.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,688 | $18.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,640 | $22.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $62,813 | $30.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $62,860 | $30.2 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$50,250
Gross Pay
Real Wage (Purchasing Power)
$50,250
Adjusted for COL (100)
The average annual salary of $50,250 in Bangor, ME 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 is equivalent to the national average, suggesting that the nominal income effectively covers the cost of living without significant strain or surplus compared to the rest of the country.
Job Market Context
830
Total Jobs
11.592
Per 1K Jobs
1.23
Location Quotient
With a location quotient of 1.23, Bangor, ME has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
Bangor, ME's Location Quotient of 1.23 signifies a higher concentration of Bookkeeping, Accounting, and Auditing Clerk jobs than the national average. This suggests that the job market in Bangor is relatively more abundant in these roles compared to other professions, potentially leading to increased competition for open positions but also indicating a strong local industry presence.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Southwest Maine nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary | $49,400↓ 2% | 31 mi |
| Northeast Maine nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary | $48,400↓ 4% | 31 mi |
| Lewiston-Auburn, ME Bookkeeping, Accounting, and Auditing Clerks Salary | $51,000↑ 1% | 85 mi |
Comparing salaries near Bangor, ME
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Bangor, ME?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Bangor, ME is $50,250. This typically ranges from $38,340 for entry-level positions to $62,860 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bangor, ME is 3.3% lower than the national median of $51,940.
Is Bangor, ME a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, it offers competitive compensation relative to its cost of living.The average salary of $50,250 is on par with the national average cost of living, making it a financially stable location for these professionals. The higher-than-average concentration of jobs also indicates good local demand.
Is Bangor, ME a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Bangor, ME is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bangor, ME?
Some top paying nearby cities include Southwest Maine nonmetropolitan area ($49,400) and Northeast Maine nonmetropolitan area.
How does the Bangor salary compare to the national average?
The average salary for Bookkeeping, Accounting, and Auditing Clerks in Bangor, ME is $50,250, which is slightly lower than the national average of $51,940.
What is the concentration of these jobs in Bangor, ME?
Bangor, ME has a Location Quotient of 1.23 for Bookkeeping, Accounting, and Auditing Clerks, meaning the concentration of these jobs is 23% higher than the national average.
How does the cost of living in Bangor affect the salary?
With a Cost of Living Index of 100, the national average, the $50,250 salary in Bangor provides purchasing power equivalent to the national average, making it neither exceptionally high nor low in real terms.
What does the number of jobs per 1,000 workers indicate?
The 11.592 jobs per 1,000 workers indicates the prevalence of these roles within the local workforce, suggesting a steady demand for bookkeeping, accounting, and auditing services in Bangor.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 830 employees in the Bangor, ME area with a job density of 11.592 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 Bangor, ME