Average Bookkeeping, Accounting, and Auditing Clerks Salary in Burlington-South Burlington, VT
In Burlington-South Burlington, VT, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $55,040. This figure slightly surpasses the national average of $51,940, suggesting a localized premium for these essential financial roles. The specific economic conditions and demand within the Burlington-South Burlington area likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $55,040 per year.
- Growth Trend: Salaries have shifted 18.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $72,300.
- Outlook: The Burlington-South Burlington area supports a workforce of 1,190 individuals in Bookkeeping, Accounting, and Auditing Clerk positions. With a Location Quotient of 1.04, the concentration of these roles is slightly above the national average, indicating a stable and potentially growing demand for these professionals within the local economy. The presence of nearly 10 jobs per 1,000 workers further underscores the consistent need for skilled financial clerks.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Burlington-South Burlington, VT earns+6.0%above the national average.
$26.5
$1,058
$4,587
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 Burlington-South Burlington have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increasing demand for financial services, and the need to attract and retain talent likely contribute to an upward trajectory in compensation for these roles.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Burlington-South Burlington, VT
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a salary increase with experience. Entry-level positions may start at a lower percentile, while senior clerks with extensive experience and specialized skills can command salaries in the higher percentiles. The widening gap between entry-level and senior salaries signifies clear opportunities for career advancement and increased earning potential within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,230 | $19.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $41,280 | $19.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $52,160 | $25.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $68,800 | $33.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $72,300 | $34.8 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$55,040
Gross Pay
Real Wage (Purchasing Power)
$55,040
Adjusted for COL (100)
The average annual salary of $55,040 in Burlington-South Burlington, VT, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a clerk's salary in this region is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to the cost of goods and services.
Job Market Context
1,190
Total Jobs
9.798
Per 1K Jobs
1.04
Location Quotient
With a location quotient of 1.04, Burlington-South Burlington, VT has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
With a Location Quotient of 1.04, the Burlington-South Burlington market shows a slightly higher concentration of Bookkeeping, Accounting, and Auditing Clerks compared to the national average. This suggests a healthy and competitive job market where demand is at least on par with, if not slightly exceeding, the national level, offering good opportunities for employment.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Northern Vermont nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary | $51,650↓ 6% | 40 mi |
| Southern Vermont nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary | $52,560↓ 5% | 40 mi |
| Glens Falls, NY Bookkeeping, Accounting, and Auditing Clerks Salary | $49,540↓ 10% | 84 mi |
Comparing salaries near Burlington-South Burlington, VT
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Burlington-South Burlington, VT?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Burlington-South Burlington, VT is $55,040. This typically ranges from $40,230 for entry-level positions to $72,300 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Burlington-South Burlington, VT is 6.0% higher than the national median of $51,940.
Is Burlington-South Burlington, VT a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, it offers a slightly above-average earning potential.The average salary of $55,040 is higher than the national average, and the cost of living is on par with the national average, indicating good purchasing power for these professionals.
Is Burlington-South Burlington, VT a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Burlington-South Burlington, VT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Burlington-South Burlington, VT?
Some top paying nearby cities include Northern Vermont nonmetropolitan area ($51,650) and Southern Vermont nonmetropolitan area.
How does the Burlington-South Burlington salary compare to the national average?
Bookkeeping, Accounting, and Auditing Clerks in Burlington-South Burlington earn an average of $55,040 annually, which is slightly higher than the national average of $51,940.
What is the concentration of Bookkeeping, Accounting, and Auditing Clerks in Burlington-South Burlington?
The Location Quotient is 1.04, indicating a slightly higher concentration of these roles in Burlington-South Burlington compared to the national average.
Does the cost of living affect the salary in Burlington-South Burlington?
No, the Cost of Living Index is 100, which is the national average. This means the $55,040 salary has purchasing power equivalent to the national average.
How many Bookkeeping, Accounting, and Auditing Clerks are there in Burlington-South Burlington?
There are approximately 1,190 Bookkeeping, Accounting, and Auditing Clerks employed in the Burlington-South Burlington area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,190 employees in the Burlington-South Burlington, VT area with a job density of 9.798 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 Burlington-South Burlington, VT