Average Bookkeeping, Accounting, and Auditing Clerks Salary in Duluth, MN-WI
Bookkeeping, Accounting, and Auditing Clerks in Duluth, MN-WI earn an average annual salary of $50,040. This figure is slightly below the national average of $51,940, indicating a localized compensation structure influenced by regional economic factors and demand within the Duluth metropolitan area. The specific pay rates reflect the balance between the cost of living and the concentration of these essential financial roles.
Executive Summary
- Average Salary: $50,040 per year.
- Growth Trend: Salaries have shifted 27.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $65,360.
- Outlook: With a local workforce of 1,140 individuals in this sector and a Location Quotient of 0.97, the market for Bookkeeping, Accounting, and Auditing Clerks in Duluth, MN-WI is stable and closely mirrors national employment concentrations. This suggests a consistent, albeit not exceptionally high, demand for these professionals, indicating a robust job market that can support the existing workforce while offering opportunities for new entrants.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Duluth, MN-WI earns-3.7%below the national average.
$24.1
$962
$4,170
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 Duluth, MN-WI have experienced gradual growth over the past four years, aligning with general economic trends and inflation. This upward trajectory is typical for roles requiring specialized financial skills, reflecting an increasing demand for accurate financial record-keeping and reporting.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Duluth, MN-WI
Salary progression for Bookkeeping, Accounting, and Auditing Clerks is strongly tied to experience and skill development. Entry-level positions typically command lower salaries, while senior clerks with extensive experience and specialized knowledge can earn significantly more, often reaching the higher percentiles of the pay scale. The increasing salary gaps between different experience levels highlight clear pathways for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $33,990 | $16.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,530 | $18 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $48,450 | $23.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $62,550 | $30.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $65,360 | $31.4 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$50,040
Gross Pay
Real Wage (Purchasing Power)
$50,040
Adjusted for COL (100)
The average annual salary of $50,040 in Duluth, MN-WI aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Bookkeeping, Accounting, and Auditing Clerk's salary in Duluth is equivalent to that of their national counterparts, making it a financially neutral location for relocation in terms of everyday expenses.
Job Market Context
1,140
Total Jobs
9.175
Per 1K Jobs
0.97
Location Quotient
Duluth, MN-WI has 0.97x 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 0.97 for Bookkeeping, Accounting, and Auditing Clerks in Duluth, MN-WI signifies that the concentration of these jobs in the area is very close to the national average. This indicates a balanced job market where the demand for these professionals is neither exceptionally high nor particularly low, suggesting a competitive yet accessible environment for both employers and job seekers.
Nearby Job Markets
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Duluth, MN-WI?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Duluth, MN-WI is $50,040. This typically ranges from $33,990 for entry-level positions to $65,360 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Duluth, MN-WI is 3.7% lower than the national median of $51,940.
Is Duluth, MN-WI a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not exceptionally lucrative compared to the national average.While the average salary of $50,040 is competitive with the local cost of living, it falls slightly below the national average for the role. The market concentration is also at the national average, suggesting stable but not high-growth earning potential.
Is Duluth, MN-WI a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Duluth, MN-WI is 100. While higher than average, this often correlates with higher wages.
How does the Duluth salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Duluth, MN-WI is $50,040, which is slightly lower than the national average of $51,940.
What is the cost of living in Duluth, MN-WI for these clerks?
The cost of living in Duluth, MN-WI is exactly at the national average, indicated by an index of 100. This means your salary will have comparable purchasing power to the national average.
How concentrated are bookkeeping jobs in Duluth?
The concentration of Bookkeeping, Accounting, and Auditing Clerk jobs in Duluth, MN-WI, measured by a Location Quotient of 0.97, is very close to the national average, indicating a stable job market.
What is the total number of Bookkeeping, Accounting, and Auditing Clerks in Duluth?
There are approximately 1,140 Bookkeeping, Accounting, and Auditing Clerks employed within the Duluth, MN-WI 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 1,140 employees in the Duluth, MN-WI area with a job density of 9.175 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 Duluth, MN-WI