Average Bookkeeping, Accounting, and Auditing Clerks Salary in Billings, MT
Bookkeeping, Accounting, and Auditing Clerks in Billings, MT earn an average annual salary of $46,780. This figure is notably below the national average of $51,940, suggesting that local economic factors and demand play a significant role in compensation within this Montana city. While the nominal salary is lower, understanding the local cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $46,780 per year.
- Growth Trend: Salaries have shifted 18.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $62,720.
- Outlook: With a local workforce of 1,320 individuals in this role and a Location Quotient of 1.49, Billings exhibits a concentration of bookkeeping, accounting, and auditing clerks that is 49% higher than the national average. This indicates a robust demand and a well-established presence of these professionals within the local job market, suggesting a stable environment for those in the field.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Billings, MT earns-9.9%below the national average.
$22.5
$900
$3,898
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data 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 broader economic trends and inflation. This upward trajectory is likely influenced by increasing business activity and the ongoing need for skilled financial support professionals.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Billings, MT
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a significant salary increase with experience. Entry-level positions will command lower salaries, while senior clerks with extensive experience and specialized skills can expect to earn considerably more, often reaching higher salary percentiles. These percentile gaps clearly signify the career advancement opportunities available within this profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $31,190 | $15 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $35,085 | $16.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $45,370 | $21.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $58,475 | $28.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $62,720 | $30.2 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$46,780
Gross Pay
Real Wage (Purchasing Power)
$46,780
Adjusted for COL (100)
The average annual salary of $46,780 in Billings, MT, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal income earned by bookkeeping, accounting, and auditing clerks in Billings has the same purchasing power as the national average salary in a location with an average cost of living.
Job Market Context
1,320
Total Jobs
14.065
Per 1K Jobs
1.49
Location Quotient
With a location quotient of 1.49, Billings, MT has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
The Location Quotient of 1.49 for Bookkeeping, Accounting, and Auditing Clerks in Billings signifies a market where these roles are more concentrated than the national average. This suggests a potentially competitive environment for job seekers, but also indicates a strong and established demand for these essential financial services within the local economy.
Nearby Job Markets
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Billings, MT?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Billings, MT is $46,780. This typically ranges from $31,190 for entry-level positions to $62,720 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Billings, MT is 9.9% lower than the national median of $51,940.
Is Billings, MT a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Moderately. The salary is below the national average, but the cost of living is also at the national average.While the average salary of $46,780 is lower than the national average, the cost of living in Billings is precisely at the national average. This means your earnings will have average purchasing power locally.
Is Billings, MT a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Billings, MT is 100. While higher than average, this often correlates with higher wages.
How does the local workforce size affect job prospects?
A local workforce of 1,320 indicates a substantial pool of professionals, suggesting a mature market. While this means opportunities exist, it could also imply a competitive landscape for new entrants.
What does a Location Quotient of 1.49 mean for this role?
A Location Quotient of 1.49 means that Billings has 49% more Bookkeeping, Accounting, and Auditing Clerks per worker than the national average, indicating a higher concentration and potentially stronger local demand.
How does the cost of living in Billings compare nationally?
Billings, MT, has a Cost of Living Index of 100, which is exactly the national average. This means that the general expenses for goods and services are comparable to the rest of the country.
What is the average number of bookkeeping jobs per 1,000 workers in Billings?
In Billings, MT, there are approximately 14.065 bookkeeping, accounting, and auditing clerk jobs per 1,000 workers, which is a key metric for understanding local job density.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,320 employees in the Billings, MT area with a job density of 14.065 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 Billings, MT