Average Bookkeeping, Accounting, and Auditing Clerks Salary in Colorado
Bookkeeping, Accounting, and Auditing Clerks in Colorado earn an average annual salary of $56,360, surpassing the national average of $51,940. This higher compensation is influenced by Colorado's robust economic landscape and potentially higher operational costs for businesses within the state.
Executive Summary
- Average Salary: $56,360 per year.
- Growth Trend: Salaries have shifted 25.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $76,440.
- Outlook: With a substantial local workforce of 24,650 individuals in this sector, Colorado demonstrates a significant presence of accounting and bookkeeping professionals. The location quotient of 0.9 suggests a market that is nearly on par with the national average in terms of concentration, indicating a stable and consistent demand for these essential financial roles.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Colorado earns+8.5%above the national average.
$27.1
$1,084
$4,697
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in Colorado have experienced steady growth over the past four years, mirroring national trends. Economic expansion and increasing demand for financial expertise typically drive upward salary adjustments in this field.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Colorado
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Colorado typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior clerks with specialized skills and extensive experience can command salaries well above the average, with percentile gaps clearly signifying this career trajectory.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,930 | $18.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $42,270 | $20.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $54,080 | $26 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $70,450 | $33.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $76,440 | $36.8 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$56,360
Gross Pay
Real Wage (Purchasing Power)
$53,422
Adjusted for COL (105.5)
The average annual salary of $56,360 in Colorado needs to be considered alongside its Cost of Living Index of 105.5. While the salary is above the national average, the cost of living is also 5.5% higher than the national benchmark, meaning the purchasing power of this salary is slightly diminished compared to areas with a lower cost of living.
Job Market Context
24,650
Total Jobs
8.525
Per 1K Jobs
0.9
Location Quotient
Colorado has 0.90x 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 0.9 indicates that Colorado has a slightly lower concentration of Bookkeeping, Accounting, and Auditing Clerks compared to the national average. This suggests that while the market is substantial, it may not be oversaturated, potentially offering good opportunities for skilled professionals seeking employment.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Colorado Springs, CO Bookkeeping, Accounting, and Auditing Clerks Salary | $51,550↓ 9% | 32 mi |
| Denver-Aurora-Centennial, CO Bookkeeping, Accounting, and Auditing Clerks Salary | $59,270↑ 5% | 54 mi |
| Pueblo, CO Bookkeeping, Accounting, and Auditing Clerks Salary | $49,370↓ 12% | 66 mi |
| Boulder, CO Bookkeeping, Accounting, and Auditing Clerks Salary | $58,820↑ 4% | 67 mi |
| Greeley, CO Bookkeeping, Accounting, and Auditing Clerks Salary | $53,780↓ 5% | 98 mi |
Comparing salaries near Colorado
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Colorado?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Colorado is $56,360. This typically ranges from $37,930 for entry-level positions to $76,440 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado is 8.5% higher than the national median of $51,940.
Is Colorado a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, Colorado offers a lucrative environment for these professionals.The average salary of $56,360 is higher than the national average, and the stable job market indicates consistent demand for these roles.
Is Colorado a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Colorado is 105.5. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Colorado?
Some top paying nearby cities include Colorado Springs, CO ($51,550) and Denver-Aurora-Centennial, CO.
How does Colorado's average salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Colorado is $56,360, which is approximately $4,420 higher than the national average of $51,940.
What is the concentration of these roles in Colorado?
Colorado has a location quotient of 0.9 for Bookkeeping, Accounting, and Auditing Clerks, indicating a concentration that is slightly below the national average.
How does the cost of living affect the salary in Colorado?
With a Cost of Living Index of 105.5, Colorado is 5.5% more expensive than the national average. This means that while the salary is higher, the purchasing power is somewhat reduced compared to lower-cost states.
What is the total number of Bookkeeping, Accounting, and Auditing Clerks in Colorado?
There are approximately 24,650 Bookkeeping, Accounting, and Auditing Clerks employed in Colorado.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 24,650 employees in the Colorado area with a job density of 8.525 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 Colorado