Average Bookkeeping, Accounting, and Auditing Clerks Salary in Colorado Springs, CO
In Colorado Springs, CO, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $51,550. This figure is remarkably close to the national average of $51,940, indicating a stable and competitive compensation landscape for these essential financial roles within the region. Local economic factors and the specific demand within Colorado Springs contribute to this near-parity with national benchmarks.
Executive Summary
- Average Salary: $51,550 per year.
- Growth Trend: Salaries have shifted 24.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $70,090.
- Outlook: With a local workforce of 2,660 individuals in this sector and a Location Quotient of 0.88, Colorado Springs presents a moderately concentrated job market for Bookkeeping, Accounting, and Auditing Clerks. While not exceeding the national average concentration, the presence of nearly 8.35 jobs per 1,000 workers suggests a consistent demand for these professionals, underpinning a stable employment outlook.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Colorado Springs, CO earns-0.8%below the national average.
$24.8
$991
$4,296
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 Colorado Springs have experienced growth over the past four years, mirroring national trends. Economic expansion and inflation typically drive upward adjustments in compensation, ensuring that these roles remain competitive and reflective of evolving market conditions.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Colorado Springs, CO
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Colorado Springs is typically marked by increasing salary potential. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with specialized skills and extensive experience can command significantly higher salaries, often reaching the upper percentiles. These percentile gaps clearly signify opportunities for career advancement and increased earning power.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,060 | $16.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $38,663 | $18.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $48,530 | $23.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $64,438 | $31 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $70,090 | $33.7 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$51,550
Gross Pay
Real Wage (Purchasing Power)
$51,550
Adjusted for COL (100)
The average annual salary of $51,550 in Colorado Springs aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Bookkeeping, Accounting, and Auditing Clerk's salary in Colorado Springs is equivalent to the national average, offering a balanced lifestyle without significant financial strain due to living expenses.
Job Market Context
2,660
Total Jobs
8.349
Per 1K Jobs
0.88
Location Quotient
Colorado Springs, CO has 0.88x 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 0.88 for Bookkeeping, Accounting, and Auditing Clerks in Colorado Springs indicates that the concentration of these jobs is slightly below the national average. This suggests that while the profession is well-represented, the market is not oversaturated, potentially offering a balanced level of competition for job seekers and a steady demand from employers.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
Comparing salaries near Colorado Springs, CO
Hiring Bookkeeping, Accounting, and Auditing Clerkss?
Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Colorado Springs, CO?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Colorado Springs, CO is $51,550. This typically ranges from $35,060 for entry-level positions to $70,090 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado Springs, CO is 0.8% lower than the national median of $51,940.
Is Colorado Springs, CO a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, it is a financially stable location for these roles.The average salary of $51,550 is nearly on par with the national average, and the cost of living is also at the national average, indicating good purchasing power.
Is Colorado Springs, CO a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Colorado Springs, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Colorado Springs, CO?
Some top paying nearby cities include Northwest Colorado nonmetropolitan area ($55,630) and Southwest Colorado nonmetropolitan area.
How does the Colorado Springs salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Colorado Springs is $51,550, which is very close to the national average of $51,940.
What is the cost of living in Colorado Springs for these professionals?
Colorado Springs has a Cost of Living Index of 100, which is exactly the national average, meaning the salary offers average purchasing power.
How concentrated is the job market for Bookkeeping, Accounting, and Auditing Clerks in Colorado Springs?
The Location Quotient of 0.88 indicates that the concentration of these jobs is slightly lower than the national average, suggesting a moderately competitive market.
What is the total number of Bookkeeping, Accounting, and Auditing Clerk jobs in Colorado Springs?
There are approximately 2,660 individuals employed as Bookkeeping, Accounting, and Auditing Clerks in Colorado Springs.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,660 employees in the Colorado Springs, CO area with a job density of 8.349 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 Springs, CO