Average Bookkeeping, Accounting, and Auditing Clerks Salary in Gadsden, AL
In Gadsden, AL, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $40,260. This figure is notably below the national average of $51,940, reflecting localized economic conditions and demand specific to the Gadsden area. Factors such as the regional economic landscape and the concentration of related industries play a significant role in dictating this pay scale.
Executive Summary
- Average Salary: $40,260 per year.
- Growth Trend: Salaries have shifted 12.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $54,670.
- Outlook: The Gadsden, AL market for Bookkeeping, Accounting, and Auditing Clerks appears stable, with a total local workforce of 260 individuals in this role. The Location Quotient of 0.82 suggests a slightly lower concentration of these professionals compared to the national average, indicating a balanced but not overly saturated job market.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Gadsden, AL earns-22.5%below the national average.
$19.4
$774
$3,355
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Gadsden is not provided, it is generally assumed that salaries for Bookkeeping, Accounting, and Auditing Clerks nationwide have experienced steady growth over the past four years, driven by inflation and increasing demand for financial record-keeping services. This trend likely extends to Gadsden, though potentially at a more modest pace influenced by local economic factors.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Gadsden, AL
Within the Gadsden, AL area, career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while senior roles, requiring more specialized skills and a proven track record, command higher compensation. The percentile gaps in salary distribution signify these opportunities for advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $26,540 | $12.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $30,195 | $14.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $38,900 | $18.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $50,325 | $24.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $54,670 | $26.3 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$40,260
Gross Pay
Real Wage (Purchasing Power)
$40,260
Adjusted for COL (100)
The average annual salary of $40,260 in Gadsden, AL, aligns precisely with the national average cost of living (Index 100). This means that the nominal income earned by bookkeeping, accounting, and auditing clerks in Gadsden holds its purchasing power comparably to the national average, offering a stable financial environment for residents.
Job Market Context
260
Total Jobs
7.734
Per 1K Jobs
0.82
Location Quotient
Gadsden, AL has 0.82x 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 0.82, Gadsden, AL, has a slightly lower concentration of Bookkeeping, Accounting, and Auditing Clerks than the national average. This suggests that while the profession is present and necessary, the market is not as saturated as in some other regions, potentially offering a competitive environment for skilled professionals seeking employment.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Anniston-Oxford, AL Bookkeeping, Accounting, and Auditing Clerks Salary | $40,550↑ 1% | 26 mi |
| Rome, GA Bookkeeping, Accounting, and Auditing Clerks Salary | $44,170↑ 10% | 51 mi |
| Birmingham, AL Bookkeeping, Accounting, and Auditing Clerks Salary | $45,940↑ 14% | 56 mi |
| Huntsville, AL Bookkeeping, Accounting, and Auditing Clerks Salary | $45,960↑ 14% | 60 mi |
| Decatur, AL Bookkeeping, Accounting, and Auditing Clerks Salary | $46,120↑ 15% | 68 mi |
Comparing salaries near Gadsden, AL
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Gadsden, AL?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Gadsden, AL is $40,260. This typically ranges from $26,540 for entry-level positions to $54,670 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Gadsden, AL is 22.5% lower than the national median of $51,940.
Is Gadsden, AL a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not particularly lucrative compared to the national average.The average salary of $40,260 is significantly lower than the national average of $51,940, although the cost of living is on par with the national average.
Is Gadsden, AL a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Gadsden, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Gadsden, AL?
Some top paying nearby cities include Anniston-Oxford, AL ($40,550) and Rome, GA.
How does Gadsden's salary for this role compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Gadsden, AL is $40,260, which is considerably lower than the national average of $51,940.
What is the cost of living in Gadsden, AL for these professionals?
Gadsden, AL has a Cost of Living Index of 100, which is exactly the national average. This means that the purchasing power of the local salary is comparable to the national standard.
How concentrated are bookkeeping and accounting jobs in Gadsden, AL?
The Location Quotient of 0.82 indicates that Gadsden has a slightly lower concentration of these roles compared to the national average, suggesting a balanced job market.
What is the total number of bookkeeping and accounting clerks in Gadsden, AL?
There are approximately 260 individuals employed as Bookkeeping, Accounting, and Auditing Clerks in the Gadsden, AL area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Gadsden, AL area with a job density of 7.734 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 Gadsden, AL