SalaryNode

Average Bookkeeping, Accounting, and Auditing Clerks Salary in Binghamton, NY

In Binghamton, NY, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $49,780. This figure is slightly below the national average of $51,940, reflecting a localized compensation trend. Factors such as the regional economic landscape and the specific demand within the Binghamton area contribute to this salary differential.

Executive Summary

  • Average Salary: $49,780 per year.
  • Growth Trend: Salaries have shifted 22.6% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $65,870.
  • Outlook: The Binghamton market supports approximately 890 Bookkeeping, Accounting, and Auditing Clerks, with a Location Quotient of 0.98 indicating a presence very close to the national average concentration. With 9.22 jobs per 1,000 workers, the demand for these professionals is stable, suggesting a consistent need within the local economy.
2024 Market Data

Salary Overview

$49,780

The average Bookkeeping, Accounting, and Auditing Clerks in Binghamton, NY earns-4.2%below the national average.

BreakdownBased on 40h/week
Hourly

$23.9

Weekly

$957

Monthly

$4,148

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Binghamton, NY

Career progression for Bookkeeping, Accounting, and Auditing Clerks in Binghamton, as elsewhere, is marked by increasing earning potential with experience. Entry-level positions typically command lower salaries, while senior clerks with specialized skills and extensive experience can achieve significantly higher compensation, often reflected in the upper percentiles of the salary distribution.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,020$17.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$37,335$17.9
ManagerOversees team, compliance, and project delivery.50% (Median)$47,120$22.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$62,225$29.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$65,870$31.7

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$49,780

Gross Pay

Real Wage (Purchasing Power)

$49,780

Adjusted for COL (100)

The average annual salary of $49,780 in Binghamton aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Binghamton-based clerk's salary is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.

Job Market Context

890

Total Jobs

9.22

Per 1K Jobs

0.98

Location Quotient

Below Average

Binghamton, NY has 0.98x 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.

With a Location Quotient of 0.98, Binghamton's market for Bookkeeping, Accounting, and Auditing Clerks is nearly on par with the national average in terms of concentration. This suggests a balanced job market where the number of professionals aligns closely with the demand, indicating moderate competition and a steady availability of opportunities.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

CitySalaryDist.
Ithaca, NY Bookkeeping, Accounting, and Auditing Clerks Salary$52,260↑ 5%39 mi
Elmira, NY Bookkeeping, Accounting, and Auditing Clerks Salary$49,950↑ 0%46 mi
Southwest New York nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$48,900↓ 2%49 mi
Central East New York nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$50,550↑ 2%49 mi
Capital/Northern New York nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$48,930↓ 2%49 mi

Comparing salaries near Binghamton, NY

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

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

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Binghamton, NY is $49,780. This typically ranges from $36,020 for entry-level positions to $65,870 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Binghamton, NY is 4.2% lower than the national median of $51,940.

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

No, not significantly more lucrative than the national average.The average salary of $49,780 is slightly below the national average, and the cost of living is exactly at the national average. This indicates that while stable, the role is not exceptionally high-paying in this specific location compared to the rest of the country.

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

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

Where are the highest paying cities near Binghamton, NY?

Some top paying nearby cities include Ithaca, NY ($52,260) and Elmira, NY.

How does the Binghamton salary compare to the national average?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Binghamton, NY is $49,780, which is slightly lower than the national average of $51,940.

What is the cost of living in Binghamton, NY for these clerks?

Binghamton, NY has a Cost of Living Index of 100, which is precisely the national average. This means the salary of $49,780 has the same purchasing power as the national average salary.

How concentrated is the job market for Bookkeeping, Accounting, and Auditing Clerks in Binghamton?

The job market concentration, measured by the Location Quotient, is 0.98, indicating that the presence of these professionals in Binghamton is very close to the national average.

What is the total number of Bookkeeping, Accounting, and Auditing Clerks in Binghamton?

There are approximately 890 Bookkeeping, Accounting, and Auditing Clerks employed in the Binghamton, NY area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 890 employees in the Binghamton, NY area with a job density of 9.22 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 Binghamton, NY