Average Bookkeeping, Accounting, and Auditing Clerks Salary in Hagerstown-Martinsburg, MD-WV
In the Hagerstown-Martinsburg, MD-WV area, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $47,670. This figure is slightly below the national average of $51,940, suggesting that local market dynamics and economic factors may influence compensation levels. The cost of living in Hagerstown-Martinsburg is at the national average, which provides context for this salary.
Executive Summary
- Average Salary: $47,670 per year.
- Growth Trend: Salaries have shifted 14.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $63,950.
- Outlook: The Hagerstown-Martinsburg region supports a local workforce of 780 individuals in bookkeeping, accounting, and auditing clerk roles. With a location quotient of 0.78, the concentration of these jobs is slightly below the national average, indicating a stable but not exceptionally concentrated market. The presence of 7.382 jobs per 1,000 workers suggests a consistent demand for these essential financial support roles within the local economy.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Hagerstown-Martinsburg, MD-WV earns-8.2%below the national average.
$22.9
$917
$3,973
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for the Hagerstown-Martinsburg area is not provided, it is reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks have experienced a gradual upward trend over the past four years, mirroring national patterns. This growth is typically driven by inflation, increasing demand for financial services, and the need for skilled professionals to manage complex accounting tasks.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Hagerstown-Martinsburg, MD-WV
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Hagerstown-Martinsburg, as elsewhere, is typically marked by increasing salary levels with experience. Entry-level positions will likely command salaries at the lower end of the spectrum, while senior clerks with extensive experience and specialized skills can expect to earn significantly more. The percentile gaps in salary distribution reflect 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) | $31,620 | $15.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $35,753 | $17.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,700 | $22.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $59,588 | $28.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $63,950 | $30.7 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$47,670
Gross Pay
Real Wage (Purchasing Power)
$47,670
Adjusted for COL (100)
The average annual salary of $47,670 in Hagerstown-Martinsburg aligns precisely with the national average cost of living index of 100. This means that the nominal salary offers a purchasing power that is comparable to the national average. While not offering a significant cost-of-living advantage, it suggests that the local salary is sufficient to maintain a standard of living equivalent to that of the average American.
Job Market Context
780
Total Jobs
7.382
Per 1K Jobs
0.78
Location Quotient
Hagerstown-Martinsburg, MD-WV has 0.78x 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 0.78, the Hagerstown-Martinsburg, MD-WV market for Bookkeeping, Accounting, and Auditing Clerks is slightly less concentrated than the national average. This suggests that while the profession is present and necessary, it may not be a dominant industry sector within the region. The job market is likely competitive, with employers seeking qualified candidates, but perhaps without the intense saturation found in more specialized or larger metropolitan areas.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Chambersburg, PA Bookkeeping, Accounting, and Auditing Clerks Salary | $46,740↓ 2% | 20 mi |
| Gettysburg, PA Bookkeeping, Accounting, and Auditing Clerks Salary | $47,230↓ 1% | 29 mi |
| Winchester, VA-WV Bookkeeping, Accounting, and Auditing Clerks Salary | $48,150↑ 1% | 40 mi |
| York-Hanover, PA Bookkeeping, Accounting, and Auditing Clerks Salary | $48,280↑ 1% | 57 mi |
| Harrisburg-Carlisle, PA Bookkeeping, Accounting, and Auditing Clerks Salary | $50,410↑ 6% | 62 mi |
Comparing salaries near Hagerstown-Martinsburg, MD-WV
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Hagerstown-Martinsburg, MD-WV?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Hagerstown-Martinsburg, MD-WV is $47,670. This typically ranges from $31,620 for entry-level positions to $63,950 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hagerstown-Martinsburg, MD-WV is 8.2% lower than the national median of $51,940.
Is Hagerstown-Martinsburg, MD-WV a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not exceptionally lucrative.The average salary of $47,670 is below the national average, and while the cost of living is also at the national average, it does not offer a significant financial advantage.
Is Hagerstown-Martinsburg, MD-WV a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Hagerstown-Martinsburg, MD-WV is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hagerstown-Martinsburg, MD-WV?
Some top paying nearby cities include Chambersburg, PA ($46,740) and Gettysburg, PA.
How does the Hagerstown-Martinsburg salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Hagerstown-Martinsburg is $47,670, which is approximately $4,270 less than the national average of $51,940.
What is the significance of the Location Quotient (LQ) in Hagerstown-Martinsburg?
An LQ of 0.78 indicates that the concentration of Bookkeeping, Accounting, and Auditing Clerk jobs in Hagerstown-Martinsburg is slightly lower than the national average, suggesting a moderately sized but not overly saturated job market for these roles.
Does the Cost of Living affect the perceived value of the salary?
The Cost of Living Index in Hagerstown-Martinsburg is 100, which is the national average. This means the $47,670 salary has purchasing power equivalent to the national average, offering no significant advantage or disadvantage due to living expenses.
What does the total local workforce size imply for job seekers?
With 780 individuals employed in these roles locally, the workforce size suggests a stable demand for bookkeeping, accounting, and auditing clerks within the Hagerstown-Martinsburg region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 780 employees in the Hagerstown-Martinsburg, MD-WV area with a job density of 7.382 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 Hagerstown-Martinsburg, MD-WV