Average Bookkeeping, Accounting, and Auditing Clerks Salary in Boston-Cambridge-Newton, MA-NH
In the bustling economic hub of Boston-Cambridge-Newton, MA-NH, Bookkeeping, Accounting, and Auditing Clerks command an average annual salary of $59,300. This figure significantly surpasses the national average of $51,940, reflecting the region's robust demand for financial administrative professionals and the higher cost of doing business in this metropolitan area.
Executive Summary
- Average Salary: $59,300 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $78,740.
- Outlook: The local job market for Bookkeeping, Accounting, and Auditing Clerks in Boston-Cambridge-Newton is substantial, with a total workforce of 22,660 individuals in these roles. While the Location Quotient of 0.89 suggests a slightly lower concentration compared to the national average, the sheer volume of jobs available, represented by 8.367 per 1,000 workers, indicates a steady and consistent demand for these essential financial support positions.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Boston-Cambridge-Newton, MA-NH earns+14.2%above the national average.
$28.5
$1,140
$4,942
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in the dynamic Boston-Cambridge-Newton area have experienced consistent growth over the past four years. Economic expansion, inflation, and increasing demand for skilled financial professionals typically drive upward salary trends in major metropolitan markets like this one.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Boston-Cambridge-Newton, MA-NH
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Boston-Cambridge-Newton is typically marked by increasing compensation. Entry-level positions will naturally fall at the lower end of the salary spectrum, while experienced professionals with specialized skills or supervisory responsibilities can expect to earn significantly more. The percentile gaps in salary distribution highlight clear opportunities for advancement and increased earning potential as one gains experience and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,340 | $19.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $44,475 | $21.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $58,400 | $28.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $74,125 | $35.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $78,740 | $37.9 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$59,300
Gross Pay
Real Wage (Purchasing Power)
$59,300
Adjusted for COL (100)
The average annual salary of $59,300 for Bookkeeping, Accounting, and Auditing Clerks in Boston-Cambridge-Newton aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary earned by these professionals holds its purchasing power directly in line with the rest of the country, offering a stable financial footing within this high-cost-of-living region.
Job Market Context
22,660
Total Jobs
8.367
Per 1K Jobs
0.89
Location Quotient
Boston-Cambridge-Newton, MA-NH has 0.89x 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 0.89, the Boston-Cambridge-Newton area exhibits a job market for Bookkeeping, Accounting, and Auditing Clerks that is slightly less concentrated than the national average. This suggests that while the profession is well-represented, there isn't an overwhelming surplus of these roles relative to the general workforce, indicating a potentially competitive but stable employment landscape for qualified individuals.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Massachusetts nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary | $57,890↓ 2% | 24 mi |
| Worcester, MA Bookkeeping, Accounting, and Auditing Clerks Salary | $54,590↓ 8% | 37 mi |
| Providence-Warwick, RI-MA Bookkeeping, Accounting, and Auditing Clerks Salary | $54,500↓ 8% | 38 mi |
| Manchester-Nashua, NH Bookkeeping, Accounting, and Auditing Clerks Salary | $52,840↓ 11% | 50 mi |
| Barnstable Town, MA Bookkeeping, Accounting, and Auditing Clerks Salary | $56,380↓ 5% | 59 mi |
Comparing salaries near Boston-Cambridge-Newton, MA-NH
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Boston-Cambridge-Newton, MA-NH?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Boston-Cambridge-Newton, MA-NH is $59,300. This typically ranges from $40,340 for entry-level positions to $78,740 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Boston-Cambridge-Newton, MA-NH is 14.2% higher than the national median of $51,940.
Is Boston-Cambridge-Newton, MA-NH a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, it is a lucrative place for these professionals.The average salary of $59,300 significantly exceeds the national average, and the Cost of Living is at the national average, indicating strong earning potential.
Is Boston-Cambridge-Newton, MA-NH a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Boston-Cambridge-Newton, MA-NH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Boston-Cambridge-Newton, MA-NH?
Some top paying nearby cities include Massachusetts nonmetropolitan area ($57,890) and Worcester, MA.
How does the Boston-Cambridge-Newton salary compare to the national average?
Bookkeeping, Accounting, and Auditing Clerks in Boston-Cambridge-Newton earn an average of $59,300 annually, which is $7,360 more than the national average of $51,940.
What is the concentration of Bookkeeping, Accounting, and Auditing Clerks in Boston-Cambridge-Newton?
The Location Quotient is 0.89, indicating that the concentration of these roles is slightly below the national average, suggesting a balanced market.
How many Bookkeeping, Accounting, and Auditing Clerk jobs are there per 1,000 workers in Boston-Cambridge-Newton?
There are approximately 8.367 jobs per 1,000 workers for Bookkeeping, Accounting, and Auditing Clerks in the Boston-Cambridge-Newton area.
Does the Cost of Living in Boston-Cambridge-Newton affect the salary for these clerks?
The Cost of Living Index is 100, matching the national average. Therefore, the nominal salary of $59,300 has purchasing power equivalent to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 22,660 employees in the Boston-Cambridge-Newton, MA-NH area with a job density of 8.367 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 Boston-Cambridge-Newton, MA-NH