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Average Bookkeeping, Accounting, and Auditing Clerks Salary in East Arkansas nonmetropolitan area

In the East Arkansas nonmetropolitan area, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $42,820. This figure falls below the national average of $51,940, reflecting the economic landscape and specific industry demands of this region. Localized economic factors and the concentration of businesses play a significant role in shaping compensation for these essential financial roles.

Executive Summary

  • Average Salary: $42,820 per year.
  • Growth Trend: Salaries have shifted 19.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $57,680.
  • Outlook: The East Arkansas nonmetropolitan area supports a workforce of 620 Bookkeeping, Accounting, and Auditing Clerks. With a Location Quotient of 0.96, the concentration of these roles is nearly on par with the national average, suggesting a stable, albeit not exceptionally high, demand for these professionals. The presence of approximately 9.051 jobs per 1,000 workers indicates a consistent need for bookkeeping and accounting services within the local economy.
2024 Market Data

Salary Overview

$42,820

The average Bookkeeping, Accounting, and Auditing Clerks in East Arkansas nonmetropolitan area earns-17.6%below the national average.

BreakdownBased on 40h/week
Hourly

$20.6

Weekly

$823

Monthly

$3,568

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in East Arkansas nonmetropolitan area

Career progression for Bookkeeping, Accounting, and Auditing Clerks in East Arkansas nonmetropolitan area typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command salaries well above the average. The percentile gaps in earnings clearly signify opportunities for career advancement and increased earning potential as professionals develop their expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$29,060$14
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$32,115$15.4
ManagerOversees team, compliance, and project delivery.50% (Median)$38,330$18.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$53,525$25.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$57,680$27.7

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$42,820

Gross Pay

Real Wage (Purchasing Power)

$42,820

Adjusted for COL (100)

The average annual salary of $42,820 in the East Arkansas nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal income earned by bookkeeping and accounting clerks in this region has the same purchasing power as the national average. Consequently, the salary offers a comparable standard of living to that experienced in many other parts of the country, making it a financially neutral location in terms of cost of living.

Job Market Context

620

Total Jobs

9.051

Per 1K Jobs

0.96

Location Quotient

Below Average

East Arkansas nonmetropolitan area has 0.96x 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.

With a Location Quotient of 0.96, the job market for Bookkeeping, Accounting, and Auditing Clerks in the East Arkansas nonmetropolitan area is very close to the national average in terms of concentration. This suggests a balanced market where the number of professionals in this field is neither significantly over- nor under-represented compared to the rest of the country. It indicates a healthy level of competition and availability of talent within the region.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

Comparing salaries near East Arkansas nonmetropolitan area

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in East Arkansas nonmetropolitan area?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in East Arkansas nonmetropolitan area is $42,820. This typically ranges from $29,060 for entry-level positions to $57,680 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in East Arkansas nonmetropolitan area is 17.6% lower than the national median of $51,940.

Is East Arkansas nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

No, not exceptionally lucrative compared to national averages.While the salary is stable and the cost of living is average, the $42,820 annual income is notably lower than the national average of $51,940 for these roles.

Is East Arkansas nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in East Arkansas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near East Arkansas nonmetropolitan area?

Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($46,880) and Hot Springs, AR.

How does the local salary compare to the national average?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in East Arkansas nonmetropolitan area is $42,820, which is less than the national average of $51,940.

What is the cost of living in East Arkansas nonmetropolitan area?

The Cost of Living Index for East Arkansas nonmetropolitan area is 100, which is exactly the national average.

How concentrated are bookkeeping and accounting jobs in this area?

The concentration of these jobs, measured by the Location Quotient, is 0.96, indicating a presence very close to the national average.

What is the total number of bookkeeping and accounting clerks in this region?

There are approximately 620 Bookkeeping, Accounting, and Auditing Clerks employed in the East Arkansas nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 620 employees in the East Arkansas nonmetropolitan area area with a job density of 9.051 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.