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

Bookkeeping, Accounting, and Auditing Clerks in the East South Dakota nonmetropolitan area earn an average annual salary of $44,140. This figure is notably below the national average of $51,940, reflecting the economic dynamics and potentially lower demand for specialized financial administrative roles in nonmetropolitan regions compared to urban centers.

Executive Summary

  • Average Salary: $44,140 per year.
  • Growth Trend: Salaries have shifted 25.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $56,590.
  • Outlook: The East South Dakota nonmetropolitan area supports a local workforce of 3,000 individuals in bookkeeping, accounting, and auditing clerk roles. With a Location Quotient of 2.37, this sector is significantly more concentrated than the national average, indicating a robust local presence and potentially higher demand relative to the general workforce, despite the lower average salary.
2024 Market Data

Salary Overview

$44,140

The average Bookkeeping, Accounting, and Auditing Clerks in East South Dakota nonmetropolitan area earns-15.0%below the national average.

BreakdownBased on 40h/week
Hourly

$21.2

Weekly

$849

Monthly

$3,678

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

Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves salary increases with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command salaries significantly higher than the average, with percentile gaps illustrating this upward mobility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$32,890$15.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$33,105$15.9
ManagerOversees team, compliance, and project delivery.50% (Median)$44,310$21.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$55,175$26.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$56,590$27.2

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$44,140

Gross Pay

Real Wage (Purchasing Power)

$44,140

Adjusted for COL (100)

The average annual salary of $44,140 in the East South Dakota nonmetropolitan area aligns perfectly with the national Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary is equivalent to the national average, making the cost of living a neutral factor in assessing the salary's value.

Job Market Context

3,000

Total Jobs

22.389

Per 1K Jobs

2.37

Location Quotient

Major Hub

East South Dakota nonmetropolitan area has 2.4x the national concentration of Bookkeeping, Accounting, and Auditing Clerks jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

A Location Quotient of 2.37 signifies that Bookkeeping, Accounting, and Auditing Clerk roles are more than twice as concentrated in the East South Dakota nonmetropolitan area compared to the national average. This suggests a specialized and potentially competitive market where these roles are a significant component of the local employment landscape.

Nearby Job Markets

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

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

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in East South Dakota nonmetropolitan area is $44,140. This typically ranges from $32,890 for entry-level positions to $56,590 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in East South Dakota nonmetropolitan area is 15.0% lower than the national median of $51,940.

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

No, not compared to the national average.The average salary of $44,140 is below the national average of $51,940, although the cost of living is also at the national average.

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

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

How does the local workforce size impact job availability?

A local workforce of 3,000 suggests a substantial number of positions, but the high Location Quotient indicates these roles are more concentrated, potentially leading to more competition for available positions.

What does a Location Quotient of 2.37 mean for job seekers?

A Location Quotient above 1.0, especially 2.37, indicates a higher prevalence of these jobs in the area than nationally, suggesting a strong local demand or specialization in this field.

How does experience affect salary for these roles in this region?

As with most professions, experience is a key driver of salary. Entry-level clerks will earn less, while seasoned professionals with advanced skills and responsibilities can expect to earn significantly more than the stated average.

Is the cost of living a significant factor for this salary?

No, the cost of living index of 100 means the local expenses are on par with the national average, so the $44,140 salary has average purchasing power.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,000 employees in the East South Dakota nonmetropolitan area area with a job density of 22.389 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.