Average Bookkeeping, Accounting, and Auditing Clerks Salary in Fairbanks-College, AK
Bookkeeping, Accounting, and Auditing Clerks in Fairbanks-College, AK, command an impressive average annual salary of $58,550. This figure significantly surpasses the national average of $51,940, indicating a premium placed on these essential financial roles within the local economy. The higher compensation likely reflects a combination of regional economic factors and the specialized skills required for financial record-keeping in this Alaskan locale.
Executive Summary
- Average Salary: $58,550 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $80,580.
- Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in Fairbanks-College, AK, appears robust, with a total local workforce of 470 individuals in this profession. The concentration, measured by a Location Quotient of 1.39, suggests that this role is more prevalent here than the national average, implying a steady demand for these services within the community.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Fairbanks-College, AK earns+12.7%above the national average.
$28.2
$1,126
$4,879
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in Fairbanks-College, AK, have experienced steady growth over the past four years, mirroring national trends. Economic development and the increasing complexity of financial regulations typically drive upward pressure on wages for skilled financial professionals.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Fairbanks-College, AK
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Fairbanks-College, AK, is typically marked by increasing salary levels. Entry-level positions will naturally fall at the lower end of the pay scale, while senior clerks with extensive experience and specialized knowledge can command significantly higher salaries, often reaching into the upper percentiles of the reported average. These percentile gaps clearly signify opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $42,430 | $20.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $43,913 | $21.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $56,100 | $27 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $73,188 | $35.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $80,580 | $38.7 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$58,550
Gross Pay
Real Wage (Purchasing Power)
$58,550
Adjusted for COL (100)
The average annual salary of $58,550 in Fairbanks-College, AK, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary translates directly to purchasing power equivalent to the national average, offering a stable financial foundation for residents without the added burden of a higher cost of living.
Job Market Context
470
Total Jobs
13.086
Per 1K Jobs
1.39
Location Quotient
With a location quotient of 1.39, Fairbanks-College, AK has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
With a Location Quotient of 1.39, Fairbanks-College, AK, demonstrates a higher concentration of Bookkeeping, Accounting, and Auditing Clerks compared to the national average. This suggests a healthy and potentially competitive job market where employers actively seek these professionals, indicating good opportunities for both job seekers and those looking to advance their careers in this field within the region.
Nearby Job Markets
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Fairbanks-College, AK?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Fairbanks-College, AK is $58,550. This typically ranges from $42,430 for entry-level positions to $80,580 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fairbanks-College, AK is 12.7% higher than the national median of $51,940.
Is Fairbanks-College, AK a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, Fairbanks-College, AK offers lucrative opportunities for Bookkeeping, Accounting, and Auditing Clerks.The average salary of $58,550 significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong purchasing power for these professionals.
Is Fairbanks-College, AK a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Fairbanks-College, AK is 100. While higher than average, this often correlates with higher wages.
How does the salary in Fairbanks-College compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Fairbanks-College, AK is $58,550, which is notably higher than the national average of $51,940.
What is the significance of the Location Quotient (LQ) in Fairbanks-College?
A Location Quotient of 1.39 indicates that Bookkeeping, Accounting, and Auditing Clerks are 39% more concentrated in Fairbanks-College than the national average, suggesting a higher demand or prevalence of these roles in the area.
Does the cost of living affect the real value of the salary in Fairbanks-College?
No, the cost of living in Fairbanks-College is exactly at the national average (100), meaning the nominal salary of $58,550 holds its purchasing power equivalent to the national average.
How many Bookkeeping, Accounting, and Auditing Clerk jobs are there per 1,000 workers in Fairbanks-College?
There are approximately 13.086 jobs per 1,000 workers for Bookkeeping, Accounting, and Auditing Clerks in Fairbanks-College, AK, reflecting the local employment landscape for this profession.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 470 employees in the Fairbanks-College, AK area with a job density of 13.086 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 Fairbanks-College, AK