Average Bookkeeping, Accounting, and Auditing Clerks Salary in Durham-Chapel Hill, NC
In the vibrant Durham-Chapel Hill, NC area, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $54,490. This figure slightly surpasses the national average of $51,940, indicating a localized demand that influences compensation. The economic landscape and specific industry needs within the Research Triangle region contribute to this favorable pay.
Executive Summary
- Average Salary: $54,490 per year.
- Growth Trend: Salaries have shifted 19.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $75,890.
- Outlook: The Durham-Chapel Hill region supports a robust workforce of 2,990 individuals in bookkeeping, accounting, and auditing roles. With a Location Quotient of 0.92, the concentration of these professionals is nearly on par with the national average, suggesting a stable and well-established job market. The presence of 8.717 jobs per 1,000 workers further underscores consistent demand for these essential financial services.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Durham-Chapel Hill, NC earns+4.9%above the national average.
$26.2
$1,048
$4,541
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 Durham-Chapel Hill have seen steady growth over the past four years. This trend is generally consistent with national patterns, driven by inflation, increasing demand for financial expertise, and the evolving complexity of accounting regulations.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Durham-Chapel Hill, NC
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Durham-Chapel Hill 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 well into 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) | $36,470 | $17.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $40,868 | $19.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $52,640 | $25.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $68,113 | $32.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $75,890 | $36.5 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$54,490
Gross Pay
Real Wage (Purchasing Power)
$54,490
Adjusted for COL (100)
The average annual salary of $54,490 in Durham-Chapel Hill aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power effectively within the region, allowing for a lifestyle comparable to the national standard without significant financial strain.
Job Market Context
2,990
Total Jobs
8.717
Per 1K Jobs
0.92
Location Quotient
Durham-Chapel Hill, NC has 0.92x 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 0.92 for Bookkeeping, Accounting, and Auditing Clerks in Durham-Chapel Hill indicates that the concentration of these roles is slightly below the national average. This suggests a competitive but not overly saturated market, where skilled professionals can find ample opportunities without facing extreme competition for available positions.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
Comparing salaries near Durham-Chapel Hill, NC
Hiring Bookkeeping, Accounting, and Auditing Clerkss?
Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Durham-Chapel Hill, NC?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Durham-Chapel Hill, NC is $54,490. This typically ranges from $36,470 for entry-level positions to $75,890 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Durham-Chapel Hill, NC is 4.9% higher than the national median of $51,940.
Is Durham-Chapel Hill, NC a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, it offers competitive compensation.The average salary of $54,490 slightly exceeds the national average, and with a cost of living at the national benchmark, your earnings maintain strong purchasing power.
Is Durham-Chapel Hill, NC a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Durham-Chapel Hill, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Durham-Chapel Hill, NC?
Some top paying nearby cities include Raleigh-Cary, NC ($50,320) and Burlington, NC.
How does the salary compare to the national average?
The average salary of $54,490 in Durham-Chapel Hill is higher than the national average of $51,940, indicating a slightly more favorable compensation landscape locally.
What is the significance of the Location Quotient (LQ)?
An LQ of 0.92 means that the proportion of Bookkeeping, Accounting, and Auditing Clerks in Durham-Chapel Hill is slightly less than the national average, suggesting a balanced job market.
How does the cost of living affect the salary?
With a Cost of Living Index of 100, the national average, the $54,490 salary in Durham-Chapel Hill offers purchasing power equivalent to the national standard.
What is the total number of these clerks in the area?
There are approximately 2,990 Bookkeeping, Accounting, and Auditing Clerks employed in the Durham-Chapel Hill, NC 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 2,990 employees in the Durham-Chapel Hill, NC area with a job density of 8.717 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Bookkeeping, Accounting, and Auditing Clerks Salaries by State
Top Jobs in Durham-Chapel Hill, NC
- All Occupations Salary in Durham-Chapel Hill, NC
- Office and Administrative Support Occupations Salary in Durham-Chapel Hill, NC
- Healthcare Practitioners and Technical Occupations Salary in Durham-Chapel Hill, NC
- Management Occupations Salary in Durham-Chapel Hill, NC
- Educational Instruction and Library Occupations Salary in Durham-Chapel Hill, NC
- Business and Financial Operations Occupations Salary in Durham-Chapel Hill, NC
- Computer and Mathematical Occupations Salary in Durham-Chapel Hill, NC
- Food Preparation and Serving Related Occupations Salary in Durham-Chapel Hill, NC
- Sales and Related Occupations Salary in Durham-Chapel Hill, NC
- Transportation and Material Moving Occupations Salary in Durham-Chapel Hill, NC
- Browse All Jobs in Durham-Chapel Hill, NC →
Semantic Salary Analysis for Bookkeeping, Accounting, and Auditing Clerks • Data source: BLS OEWS 2024 •Jobs in Durham-Chapel Hill, NC