SalaryNode

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.
2024 Market Data

Salary Overview

$51,550

The average Bookkeeping, Accounting, and Auditing Clerks in Colorado Springs, CO earns-0.8%below the national average.

BreakdownBased on 40h/week
Hourly

$24.8

Weekly

$991

Monthly

$4,296

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 LevelMarket PercentileAnnual WageHourly 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

Below Average

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

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.