In Fayetteville-Springdale-Rogers, AR, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $46,050. This figure is notably below the national average of $51,940, suggesting that local market dynamics and potentially lower cost of living contribute to this compensation difference. The specific economic landscape of the region plays a crucial role in shaping the earning potential for these vital financial support roles.
Executive Summary
- Average Salary: $46,050 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $60,480.
- Outlook: The Fayetteville-Springdale-Rogers area supports a local workforce of 2,360 individuals in bookkeeping, accounting, and auditing clerk roles. With a location quotient of 0.94, the concentration of these jobs is nearly on par with the national average, indicating a stable and established presence within the regional economy. The presence of 8.84 jobs per 1,000 workers further underscores the consistent demand for these professionals in the local market.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Fayetteville-Springdale-Rogers, AR earns-11.3%below the national average.
$22.1
$886
$3,838
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 Fayetteville-Springdale-Rogers have experienced gradual growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing demand for financial services typically drive modest annual increases in compensation for these roles, reflecting a healthy and evolving job market.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Fayetteville-Springdale-Rogers, AR
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and a proven track record can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies clear opportunities 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) | $31,290 | $15 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,538 | $16.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,250 | $21.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $57,563 | $27.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $60,480 | $29.1 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$46,050
Gross Pay
Real Wage (Purchasing Power)
$46,050
Adjusted for COL (100)
The nominal average salary of $46,050 in Fayetteville-Springdale-Rogers aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary is equivalent to the national average, indicating that while the salary is lower than the national average, the cost of living is also at the national average, resulting in a balanced financial standing for residents.
Job Market Context
2,360
Total Jobs
8.84
Per 1K Jobs
0.94
Location Quotient
Fayetteville-Springdale-Rogers, AR has 0.94x 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 0.94, the job market for Bookkeeping, Accounting, and Auditing Clerks in Fayetteville-Springdale-Rogers is closely aligned with the national average in terms of concentration. This suggests a competitive yet stable market where the demand for these professionals is consistent with broader economic trends, without being overly saturated or significantly underdeveloped.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Fort Smith, AR-OK Bookkeeping, Accounting, and Auditing Clerks Salary | $43,090↓ 6% | 51 mi |
| Joplin, MO-KS Bookkeeping, Accounting, and Auditing Clerks Salary | $45,010↓ 2% | 72 mi |
| Springfield, MO Bookkeeping, Accounting, and Auditing Clerks Salary | $45,800↓ 1% | 91 mi |
| Tulsa, OK Bookkeeping, Accounting, and Auditing Clerks Salary | $48,870↑ 6% | 97 mi |
Comparing salaries near Fayetteville-Springdale-Rogers, AR
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Fayetteville-Springdale-Rogers, AR?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Fayetteville-Springdale-Rogers, AR is $46,050. This typically ranges from $31,290 for entry-level positions to $60,480 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fayetteville-Springdale-Rogers, AR is 11.3% lower than the national median of $51,940.
Is Fayetteville-Springdale-Rogers, AR a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average salary of $46,050 is below the national average of $51,940, indicating less lucrative earning potential in this specific region.
Is Fayetteville-Springdale-Rogers, AR a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Fayetteville-Springdale-Rogers, AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fayetteville-Springdale-Rogers, AR?
Some top paying nearby cities include Fort Smith, AR-OK ($43,090) and Joplin, MO-KS.
How does the local salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Fayetteville-Springdale-Rogers, AR is $46,050, which is lower than the national average of $51,940.
What is the concentration of these jobs in Fayetteville-Springdale-Rogers, AR?
The concentration of Bookkeeping, Accounting, and Auditing Clerk jobs in Fayetteville-Springdale-Rogers, AR is indicated by a Location Quotient of 0.94, which is slightly below the national average.
How does the cost of living affect the salary in Fayetteville-Springdale-Rogers, AR?
The Cost of Living Index in Fayetteville-Springdale-Rogers, AR is 100, which is the national average. This means the $46,050 salary has purchasing power equivalent to the national average, despite being lower than the national salary average.
What is the total number of Bookkeeping, Accounting, and Auditing Clerks in the area?
There are approximately 2,360 Bookkeeping, Accounting, and Auditing Clerks employed in the Fayetteville-Springdale-Rogers, AR 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 2,360 employees in the Fayetteville-Springdale-Rogers, AR area with a job density of 8.84 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 Fayetteville-Springdale-Rogers, AR