Average Bookkeeping, Accounting, and Auditing Clerks Salary in Connecticut
Bookkeeping, Accounting, and Auditing Clerks in Connecticut earn an average annual salary of $58,600, significantly exceeding the national average of $51,940. This elevated compensation reflects Connecticut's robust economic landscape and the specialized demand for financial administrative professionals within the state.
Executive Summary
- Average Salary: $58,600 per year.
- Growth Trend: Salaries have shifted 16.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $77,450.
- Outlook: With a substantial local workforce of 14,820 individuals in this field, Connecticut demonstrates a solid base of talent. The Location Quotient of 0.93 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 Connecticut earns+12.8%above the national average.
$28.2
$1,127
$4,883
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 Connecticut have experienced steady growth over the past four years, mirroring national trends of increasing wages driven by inflation and evolving industry demands. This suggests a positive trajectory for earning potential in this sector.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Connecticut
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with specialized skills and extensive experience can command salaries in the upper percentiles, reflecting a clear path for advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $42,050 | $20.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $43,950 | $21.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $57,290 | $27.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $73,250 | $35.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $77,450 | $37.2 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$58,600
Gross Pay
Real Wage (Purchasing Power)
$51,813
Adjusted for COL (113.1)
The average annual salary of $58,600 in Connecticut presents a mixed picture when considering the state's Cost of Living Index of 113.1. While the nominal salary is higher than the national average, the cost of living is also above the national average, meaning the purchasing power of this salary may be slightly diminished compared to areas with a lower cost of living.
Job Market Context
14,820
Total Jobs
8.808
Per 1K Jobs
0.93
Location Quotient
Connecticut has 0.93x 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 0.93 indicates that Connecticut 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 is not overly saturated, potentially offering good opportunities for skilled professionals seeking employment.
Nearby Job Markets
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Comparing salaries near Connecticut
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Connecticut?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Connecticut is $58,600. This typically ranges from $42,050 for entry-level positions to $77,450 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Connecticut is 12.8% higher than the national median of $51,940.
Is Connecticut a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, with caveats.Connecticut offers a higher average salary than the national average for these roles. However, the elevated cost of living means that the real value of the salary requires careful consideration.
Is Connecticut a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Connecticut is 113.1. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Connecticut?
Some top paying nearby cities include Hartford-West Hartford-East Hartford, CT ($58,150) and Waterbury-Shelton, CT.
How does Connecticut's average salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Connecticut is $58,600, which is notably higher than the national average of $51,940.
What does the Location Quotient of 0.93 mean for job seekers?
A Location Quotient of 0.93 suggests that the proportion of these clerks in Connecticut's workforce is slightly below the national average, indicating a stable but not exceptionally concentrated job market.
How does the cost of living impact the salary in Connecticut?
With a Cost of Living Index of 113.1, Connecticut is more expensive than the national average. This means that the higher salary of $58,600 may not stretch as far as it would in a lower-cost state.
What is the total workforce size for these roles in Connecticut?
There are approximately 14,820 Bookkeeping, Accounting, and Auditing Clerks employed in Connecticut, indicating a significant presence of these professionals in the state's economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 14,820 employees in the Connecticut area with a job density of 8.808 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 Connecticut