Average Bookkeeping, Accounting, and Auditing Clerks Salary in Detroit-Warren-Dearborn, MI
In Detroit-Warren-Dearborn, MI, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $52,810. This figure slightly surpasses the national average of $51,940, indicating a competitive compensation landscape. Local economic factors and the specific demand within the Detroit metropolitan area contribute to this slightly elevated pay.
Executive Summary
- Average Salary: $52,810 per year.
- Growth Trend: Salaries have shifted 27.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $70,710.
- Outlook: The Detroit-Warren-Dearborn area supports a substantial workforce of 16,440 individuals in bookkeeping, accounting, and auditing clerk roles. With a Location Quotient of 0.91, the concentration of these jobs is nearly on par with the national average, suggesting a stable and consistent demand for these essential financial professionals within the region.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Detroit-Warren-Dearborn, MI earns+1.7%above the national average.
$25.4
$1,016
$4,401
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in Detroit-Warren-Dearborn have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for financial services, and the need to attract and retain skilled professionals in the accounting field.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Detroit-Warren-Dearborn, MI
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Detroit-Warren-Dearborn typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior clerks with specialized skills and extensive experience can command salaries in the higher percentiles, reflecting a clear path for career and financial advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,010 | $17.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $39,608 | $19 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $49,980 | $24 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $66,013 | $31.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $70,710 | $34 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$52,810
Gross Pay
Real Wage (Purchasing Power)
$52,810
Adjusted for COL (100)
The average annual salary of $52,810 in Detroit-Warren-Dearborn aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a clerk's salary in this metropolitan area is equivalent to the national average, offering a stable financial footing without significant cost-of-living advantages or disadvantages.
Job Market Context
16,440
Total Jobs
8.613
Per 1K Jobs
0.91
Location Quotient
Detroit-Warren-Dearborn, MI has 0.91x 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 0.91 indicates that the Detroit-Warren-Dearborn area has a slightly lower concentration of Bookkeeping, Accounting, and Auditing Clerk jobs compared to the national average. This suggests a moderately competitive market, where opportunities are present but perhaps not as densely populated as in some other major metropolitan hubs.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Monroe, MI Bookkeeping, Accounting, and Auditing Clerks Salary | $48,430↓ 8% | 34 mi |
| Ann Arbor, MI Bookkeeping, Accounting, and Auditing Clerks Salary | $51,330↓ 3% | 35 mi |
| Toledo, OH Bookkeeping, Accounting, and Auditing Clerks Salary | $49,460↓ 6% | 54 mi |
| Flint, MI Bookkeeping, Accounting, and Auditing Clerks Salary | $46,530↓ 12% | 58 mi |
| Sandusky, OH Bookkeeping, Accounting, and Auditing Clerks Salary | $47,220↓ 11% | 64 mi |
Comparing salaries near Detroit-Warren-Dearborn, MI
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Detroit-Warren-Dearborn, MI?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Detroit-Warren-Dearborn, MI is $52,810. This typically ranges from $37,010 for entry-level positions to $70,710 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Detroit-Warren-Dearborn, MI is 1.7% higher than the national median of $51,940.
Is Detroit-Warren-Dearborn, MI a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, it offers competitive compensation.The average salary of $52,810 slightly exceeds the national average, and the cost of living is on par with the national average, providing good purchasing power.
Is Detroit-Warren-Dearborn, MI a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Detroit-Warren-Dearborn, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Detroit-Warren-Dearborn, MI?
Some top paying nearby cities include Monroe, MI ($48,430) and Ann Arbor, MI.
How does the Detroit salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Detroit-Warren-Dearborn is $52,810, which is slightly higher than the national average of $51,940.
What is the concentration of accounting clerks in Detroit?
The concentration, measured by the Location Quotient, is 0.91, indicating that the proportion of these jobs in Detroit is slightly below the national average.
Does the cost of living affect the salary in Detroit?
No, the cost of living in Detroit-Warren-Dearborn is exactly at the national average (100), meaning the $52,810 salary has average purchasing power.
How many accounting clerks are employed in the Detroit area?
There are approximately 16,440 Bookkeeping, Accounting, and Auditing Clerks employed in the Detroit-Warren-Dearborn metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 16,440 employees in the Detroit-Warren-Dearborn, MI area with a job density of 8.613 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 Detroit-Warren-Dearborn, MI