Average Bookkeeping, Accounting, and Auditing Clerks Salary in Daphne-Fairhope-Foley, AL
In Daphne-Fairhope-Foley, AL, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $41,830. This figure is notably below the national average of $51,940, suggesting that local market dynamics and potentially a different economic structure influence compensation in this region. While the nominal salary may seem lower, understanding the local cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $41,830 per year.
- Growth Trend: Salaries have shifted 8.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $57,160.
- Outlook: The Daphne-Fairhope-Foley area supports a local workforce of 890 individuals in Bookkeeping, Accounting, and Auditing Clerk roles. With a Location Quotient of 1.12, this sector shows a slightly higher concentration than the national average, indicating a stable, albeit not overwhelmingly dominant, demand for these professionals within the local economy. The presence of 10.563 jobs per 1,000 workers further underscores a consistent need for these essential financial support roles.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Daphne-Fairhope-Foley, AL earns-19.5%below the national average.
$20.1
$804
$3,486
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Daphne-Fairhope-Foley is not provided, it is reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in this region 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 positions.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Daphne-Fairhope-Foley, AL
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Daphne-Fairhope-Foley, AL, typically involves a salary increase tied to experience and specialization. Entry-level positions will naturally command lower salaries, while seasoned professionals with extensive experience and advanced skills in areas like auditing or specialized accounting software can expect significantly higher earnings. The percentile gaps in salary distribution reflect these opportunities for advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $25,740 | $12.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $31,373 | $15.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $40,230 | $19.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $52,288 | $25.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $57,160 | $27.5 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$41,830
Gross Pay
Real Wage (Purchasing Power)
$41,830
Adjusted for COL (100)
The average annual salary of $41,830 for Bookkeeping, Accounting, and Auditing Clerks in Daphne-Fairhope-Foley, AL, aligns precisely with the national average cost of living (Index 100). This means that the purchasing power of this salary is equivalent to the national average, offering a balanced financial standing for residents in terms of everyday expenses.
Job Market Context
890
Total Jobs
10.563
Per 1K Jobs
1.12
Location Quotient
With a location quotient of 1.12, Daphne-Fairhope-Foley, AL has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
A Location Quotient of 1.12 for Bookkeeping, Accounting, and Auditing Clerks in Daphne-Fairhope-Foley, AL, indicates that this profession is slightly more concentrated in this area compared to the national average. This suggests a healthy, slightly above-average presence of these roles, implying a competitive but accessible job market for qualified individuals.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Mobile, AL Bookkeeping, Accounting, and Auditing Clerks Salary | $41,270↓ 1% | 14 mi |
| Pensacola-Ferry Pass-Brent, FL Bookkeeping, Accounting, and Auditing Clerks Salary | $47,880↑ 14% | 43 mi |
| Gulfport-Biloxi, MS Bookkeeping, Accounting, and Auditing Clerks Salary | $42,860↑ 2% | 72 mi |
| Crestview-Fort Walton Beach-Destin, FL Bookkeeping, Accounting, and Auditing Clerks Salary | $50,980↑ 22% | 78 mi |
| Hattiesburg, MS Bookkeeping, Accounting, and Auditing Clerks Salary | $41,190↓ 2% | 97 mi |
Comparing salaries near Daphne-Fairhope-Foley, AL
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Daphne-Fairhope-Foley, AL?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Daphne-Fairhope-Foley, AL is $41,830. This typically ranges from $25,740 for entry-level positions to $57,160 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Daphne-Fairhope-Foley, AL is 19.5% lower than the national median of $51,940.
Is Daphne-Fairhope-Foley, AL a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not significantly more lucrative than the national average.While the cost of living is on par with the national average, the average salary of $41,830 is substantially lower than the national average of $51,940, indicating less lucrative compensation.
Is Daphne-Fairhope-Foley, AL a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Daphne-Fairhope-Foley, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Daphne-Fairhope-Foley, AL?
Some top paying nearby cities include Mobile, AL ($41,270) and Pensacola-Ferry Pass-Brent, FL.
How does the Daphne-Fairhope-Foley salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Daphne-Fairhope-Foley, AL, is $41,830, which is below the national average of $51,940.
What is the cost of living in Daphne-Fairhope-Foley, AL for these clerks?
The cost of living index in Daphne-Fairhope-Foley, AL, is 100, which is exactly the national average, meaning expenses are neither higher nor lower than the typical US city.
How many Bookkeeping, Accounting, and Auditing Clerk jobs are there in Daphne-Fairhope-Foley, AL?
There are approximately 890 individuals employed as Bookkeeping, Accounting, and Auditing Clerks in the Daphne-Fairhope-Foley, AL area, representing 10.563 jobs per 1,000 workers.
Is the concentration of Bookkeeping, Accounting, and Auditing Clerk jobs high in Daphne-Fairhope-Foley, AL?
Yes, the Location Quotient of 1.12 suggests a slightly higher concentration of these roles in Daphne-Fairhope-Foley, AL, compared to 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 890 employees in the Daphne-Fairhope-Foley, AL area with a job density of 10.563 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 Daphne-Fairhope-Foley, AL