Average Bookkeeping, Accounting, and Auditing Clerks Salary in District of Columbia
Bookkeeping, Accounting, and Auditing Clerks in the District of Columbia earn an impressive average annual salary of $65,640, significantly surpassing the national average of $51,940. This elevated compensation is largely driven by the unique economic landscape and higher operational costs inherent to the nation's capital.
Executive Summary
- Average Salary: $65,640 per year.
- Growth Trend: Salaries have shifted 13.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $87,510.
- Outlook: With a local workforce of 1,870 professionals in this field and a Location Quotient of 0.28, the market for Bookkeeping, Accounting, and Auditing Clerks in the District of Columbia indicates a specialized but stable demand. While not as concentrated as the national average, the consistent presence of these roles suggests ongoing opportunities within the region's diverse economic sectors.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in District of Columbia earns+26.4%above the national average.
$31.6
$1,262
$5,470
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Bookkeeping, Accounting, and Auditing Clerks in the District of Columbia have experienced steady growth over the past four years, mirroring national trends. This upward trajectory is likely influenced by inflation, increasing demand for financial expertise, and the competitive labor market in the capital.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in District of Columbia
Career progression for Bookkeeping, Accounting, and Auditing Clerks in the District of Columbia typically sees a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior clerks with specialized skills and extensive experience can command salaries well above the average, with substantial percentile gaps illustrating clear career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,670 | $22 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $49,230 | $23.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $62,470 | $30 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $82,050 | $39.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $87,510 | $42.1 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$65,640
Gross Pay
Real Wage (Purchasing Power)
$44,143
Adjusted for COL (148.7)
The nominal average salary of $65,640 in the District of Columbia must be considered alongside its high Cost of Living Index of 148.7. While the salary appears robust, the elevated cost of goods and services means that the purchasing power of this income is somewhat diminished compared to areas with a lower cost of living, requiring careful financial management.
Job Market Context
1,870
Total Jobs
2.637
Per 1K Jobs
0.28
Location Quotient
At 0.28x, District of Columbia has a notably lower concentration of Bookkeeping, Accounting, and Auditing Clerks jobs than the national average. Opportunities in this area are relatively scarce for this profession.
A Location Quotient of 0.28 suggests that Bookkeeping, Accounting, and Auditing Clerk roles are less concentrated in the District of Columbia compared to the national average. This indicates a less saturated job market, potentially offering more opportunities for skilled professionals to find employment, though it also implies that the demand might be more niche or specialized within the local economy.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Maryland nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary | $50,400↓ 23% | 17 mi |
| Baltimore-Columbia-Towson, MD Bookkeeping, Accounting, and Auditing Clerks Salary | $55,900↓ 15% | 35 mi |
| Lexington Park, MD Bookkeeping, Accounting, and Auditing Clerks Salary | $53,920↓ 18% | 55 mi |
| Hagerstown-Martinsburg, MD-WV Bookkeeping, Accounting, and Auditing Clerks Salary | $47,670↓ 27% | 63 mi |
| Winchester, VA-WV Bookkeeping, Accounting, and Auditing Clerks Salary | $48,150↓ 27% | 64 mi |
Comparing salaries near District of Columbia
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in District of Columbia?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in District of Columbia is $65,640. This typically ranges from $45,670 for entry-level positions to $87,510 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in District of Columbia is 26.4% higher than the national median of $51,940.
Is District of Columbia a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, but with considerations for cost of living.The average salary of $65,640 is substantially higher than the national average, indicating strong earning potential. However, the high cost of living in DC means that the real value of this salary should be carefully assessed.
Is District of Columbia a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in District of Columbia is 148.7. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near District of Columbia?
Some top paying nearby cities include Maryland nonmetropolitan area ($50,400) and Baltimore-Columbia-Towson, MD.
How does the DC salary compare to the national average?
Bookkeeping, Accounting, and Auditing Clerks in the District of Columbia earn approximately $13,700 more annually than their national counterparts, reflecting regional economic factors and demand.
What is the concentration of these jobs in DC?
The Location Quotient of 0.28 indicates that these roles are less concentrated in DC compared to the national average, suggesting a potentially less competitive job market for these specific positions.
How does the cost of living affect the salary?
With a Cost of Living Index of 148.7, DC is significantly more expensive than the national average. This means that while the nominal salary is high, the purchasing power is reduced due to higher expenses for housing, transportation, and daily necessities.
What does the number of jobs per 1,000 workers suggest?
The 2.637 jobs per 1,000 workers indicates a moderate presence of Bookkeeping, Accounting, and Auditing Clerk roles within the DC workforce, suggesting steady, consistent employment opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,870 employees in the District of Columbia area with a job density of 2.637 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 District of Columbia