In Davenport-Moline-Rock Island, IA-IL, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $47,990. This figure is slightly below the national average of $51,940, reflecting regional economic factors and the specific demand within the local market. While the nominal salary is lower, understanding the local cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $47,990 per year.
- Growth Trend: Salaries have shifted 18.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $62,980.
- Outlook: The Davenport-Moline-Rock Island, IA-IL area supports a local workforce of 1,580 individuals in bookkeeping, accounting, and auditing clerk roles. With a Location Quotient of 0.93, the concentration of these jobs is nearly on par with the national average, suggesting a stable and established presence of these essential financial support functions within the regional economy.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Davenport-Moline-Rock Island, IA-IL earns-7.6%below the national average.
$23.1
$923
$3,999
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for this exact role in Davenport-Moline-Rock Island is not provided, it is generally assumed that salaries for bookkeeping, accounting, and auditing clerks nationwide have seen a steady upward trend over the past four years. This growth is typically driven by inflation, increasing demand for financial services, and the evolving complexity of accounting regulations, which often translates to higher compensation across most metropolitan areas.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Davenport-Moline-Rock Island, IA-IL
Career progression for Bookkeeping, Accounting, and Auditing Clerks significantly impacts earning potential. Entry-level positions typically start at the lower end of the pay scale, while experienced professionals with specialized skills or those in senior roles can command substantially higher salaries. The percentile gaps in compensation clearly signify the career trajectory and increased value placed on expertise and tenure within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $33,910 | $16.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $35,993 | $17.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,730 | $22.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $59,988 | $28.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $62,980 | $30.3 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$47,990
Gross Pay
Real Wage (Purchasing Power)
$47,990
Adjusted for COL (100)
The average annual salary of $47,990 in Davenport-Moline-Rock Island, IA-IL aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, making the nominal salary figure a fair representation of the standard of living achievable in the area.
Job Market Context
1,580
Total Jobs
8.802
Per 1K Jobs
0.93
Location Quotient
Davenport-Moline-Rock Island, IA-IL 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 the Davenport-Moline-Rock Island, IA-IL metropolitan area has a slightly lower concentration of Bookkeeping, Accounting, and Auditing Clerks compared to the national average. This suggests that while the job market is robust and stable, it may not be as intensely competitive or saturated as in areas with a higher quotient, potentially offering good opportunities for skilled professionals.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Iowa City, IA Bookkeeping, Accounting, and Auditing Clerks Salary | $49,430↑ 3% | 48 mi |
| Cedar Rapids, IA Bookkeeping, Accounting, and Auditing Clerks Salary | $49,990↑ 4% | 62 mi |
| Dubuque, IA Bookkeeping, Accounting, and Auditing Clerks Salary | $48,370↑ 1% | 65 mi |
| Peoria, IL Bookkeeping, Accounting, and Auditing Clerks Salary | $48,690↑ 1% | 76 mi |
| Rockford, IL Bookkeeping, Accounting, and Auditing Clerks Salary | $48,690↑ 1% | 93 mi |
Comparing salaries near Davenport-Moline-Rock Island, IA-IL
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Davenport-Moline-Rock Island, IA-IL?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Davenport-Moline-Rock Island, IA-IL is $47,990. This typically ranges from $33,910 for entry-level positions to $62,980 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Davenport-Moline-Rock Island, IA-IL is 7.6% lower than the national median of $51,940.
Is Davenport-Moline-Rock Island, IA-IL a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not significantly more lucrative than the national average.The average salary of $47,990 is below the national average, though the cost of living is on par, meaning purchasing power is similar. The job market concentration is also slightly below the national average.
Is Davenport-Moline-Rock Island, IA-IL a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Davenport-Moline-Rock Island, IA-IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Davenport-Moline-Rock Island, IA-IL?
Some top paying nearby cities include Iowa City, IA ($49,430) and Cedar Rapids, IA.
How does the Davenport-Moline-Rock Island salary compare to the national average?
The average salary for Bookkeeping, Accounting, and Auditing Clerks in Davenport-Moline-Rock Island, IA-IL is $47,990, which is approximately $3,950 lower than the national average of $51,940.
What is the Cost of Living in Davenport-Moline-Rock Island, IA-IL?
The Cost of Living Index for Davenport-Moline-Rock Island, IA-IL is 100, which is exactly the same as the national average, indicating that the general cost of goods and services is comparable nationwide.
How many Bookkeeping, Accounting, and Auditing Clerks are there in Davenport-Moline-Rock Island, IA-IL?
There are approximately 1,580 individuals employed as Bookkeeping, Accounting, and Auditing Clerks in the Davenport-Moline-Rock Island, IA-IL metropolitan area.
Is the job market for Bookkeeping, Accounting, and Auditing Clerks strong in Davenport-Moline-Rock Island, IA-IL?
The market is stable, with 8.802 jobs per 1,000 workers and a location quotient of 0.93, indicating a presence that is nearly aligned with the national average concentration.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,580 employees in the Davenport-Moline-Rock Island, IA-IL area with a job density of 8.802 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 Davenport-Moline-Rock Island, IA-IL