Average Bookkeeping, Accounting, and Auditing Clerks Salary in Cedar Rapids, IA
In Cedar Rapids, IA, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $49,990. This figure is slightly below the national average of $51,940, reflecting a localized compensation structure influenced by regional economic factors and the specific demand within the Cedar Rapids market. While the nominal salary may be lower than the national benchmark, the cost of living in Cedar Rapids plays a crucial role in understanding the true purchasing power of this income.
Executive Summary
- Average Salary: $49,990 per year.
- Growth Trend: Salaries have shifted 22.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $66,450.
- Outlook: Cedar Rapids, IA supports a local workforce of 1,120 individuals in Bookkeeping, Accounting, and Auditing Clerk roles. With a Location Quotient of 0.85, the concentration of these jobs is slightly below the national average, suggesting a stable but not exceptionally concentrated market. The presence of 8.038 jobs per 1,000 workers indicates a consistent demand for these essential financial support roles within the local economy.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Cedar Rapids, IA earns-3.8%below the national average.
$24
$961
$4,166
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Cedar Rapids is not provided, it is reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in the area have experienced gradual growth over the past four years, mirroring national trends. Economic shifts, inflation, and evolving industry demands typically drive incremental increases in compensation for skilled administrative and financial support professionals.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Cedar Rapids, IA
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Cedar Rapids, IA, is typically marked by increasing salary levels with experience. Entry-level positions will command lower salaries, while senior clerks with extensive experience and specialized skills can expect to earn significantly more. The salary distribution, often represented by percentiles, clearly illustrates this upward trajectory, with higher percentiles reflecting greater expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $33,580 | $16.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,493 | $18 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $48,260 | $23.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $62,488 | $30 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $66,450 | $31.9 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$49,990
Gross Pay
Real Wage (Purchasing Power)
$49,990
Adjusted for COL (100)
The average annual salary of $49,990 in Cedar Rapids, IA, 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 in Cedar Rapids is equivalent to the national average, offering a balanced financial landscape for professionals in this field.
Job Market Context
1,120
Total Jobs
8.038
Per 1K Jobs
0.85
Location Quotient
Cedar Rapids, IA has 0.85x 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.
A Location Quotient of 0.85 for Bookkeeping, Accounting, and Auditing Clerks in Cedar Rapids indicates that the industry is slightly less concentrated than the national average. This suggests that while there is a solid presence of these roles, the market may not be saturated, potentially offering good opportunities for skilled professionals without an overwhelming level of competition compared to more concentrated areas.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Iowa City, IA Bookkeeping, Accounting, and Auditing Clerks Salary | $49,430↓ 1% | 23 mi |
| Waterloo-Cedar Falls, IA Bookkeeping, Accounting, and Auditing Clerks Salary | $47,920↓ 4% | 50 mi |
| Dubuque, IA Bookkeeping, Accounting, and Auditing Clerks Salary | $48,370↓ 3% | 62 mi |
| Davenport-Moline-Rock Island, IA-IL Bookkeeping, Accounting, and Auditing Clerks Salary | $47,990↓ 4% | 62 mi |
| Southeast Iowa nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary | $46,510↓ 7% | 79 mi |
Comparing salaries near Cedar Rapids, IA
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Cedar Rapids, IA?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Cedar Rapids, IA is $49,990. This typically ranges from $33,580 for entry-level positions to $66,450 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Cedar Rapids, IA is 3.8% lower than the national median of $51,940.
Is Cedar Rapids, IA a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, with a balanced financial outlook.While the average salary is slightly below the national average, Cedar Rapids offers a cost of living that matches the national average, making the nominal salary's purchasing power equivalent to the national standard.
Is Cedar Rapids, IA a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Cedar Rapids, IA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Cedar Rapids, IA?
Some top paying nearby cities include Iowa City, IA ($49,430) and Waterloo-Cedar Falls, IA.
What is the average salary for a Bookkeeping, Accounting, and Auditing Clerk in Cedar Rapids, IA?
The average annual salary for a Bookkeeping, Accounting, and Auditing Clerk in Cedar Rapids, IA is $49,990.
How does the Cedar Rapids salary compare to the national average?
The average salary in Cedar Rapids ($49,990) is slightly lower than the national average ($51,940).
What is the cost of living in Cedar Rapids, IA?
Cedar Rapids, IA has a Cost of Living Index of 100, which is exactly the national average.
How concentrated are Bookkeeping, Accounting, and Auditing Clerk jobs in Cedar Rapids?
The concentration of these jobs in Cedar Rapids, indicated by a Location Quotient of 0.85, is slightly below 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 1,120 employees in the Cedar Rapids, IA area with a job density of 8.038 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 Cedar Rapids, IA