Average Bookkeeping, Accounting, and Auditing Clerks Salary in Hammond, LA
In Hammond, LA, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $41,980. This figure is notably below the national average of $51,940, suggesting that local economic factors and demand within the Hammond area influence compensation for these vital financial roles. The specific pay scales in Hammond are a direct reflection of the regional job market dynamics and the overall economic landscape.
Executive Summary
- Average Salary: $41,980 per year.
- Growth Trend: Salaries have shifted 12.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $59,510.
- Outlook: The local workforce for Bookkeeping, Accounting, and Auditing Clerks in Hammond, LA, comprises approximately 410 professionals. With a Location Quotient of 0.91, the concentration of these roles is slightly below the national average, indicating a stable but not exceptionally high demand. The presence of 8.554 jobs per 1,000 workers suggests a consistent need for these services within the local economy, providing a steady job market for skilled individuals.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Hammond, LA earns-19.2%below the national average.
$20.2
$807
$3,498
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Hammond, LA is not provided, it is reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks have experienced gradual growth over the past four years, mirroring national trends. Economic recovery and evolving business needs typically drive modest increases in compensation for administrative and financial support roles, reflecting both inflation and increased demand for specialized skills.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Hammond, LA
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Hammond, LA, typically involves salary increases tied to experience and skill development. Entry-level positions may start closer to the lower end of the pay scale, while senior clerks with extensive experience and specialized knowledge can command significantly higher salaries. The percentile gaps in salary distribution highlight clear opportunities for career advancement and increased earning potential within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $26,520 | $12.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $31,485 | $15.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $40,050 | $19.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $52,475 | $25.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $59,510 | $28.6 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$41,980
Gross Pay
Real Wage (Purchasing Power)
$41,980
Adjusted for COL (100)
The average annual salary of $41,980 in Hammond, LA, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a bookkeeping clerk's salary in Hammond is equivalent to the national average, making the nominal salary figure a fair representation of the standard of living achievable in the area.
Job Market Context
410
Total Jobs
8.554
Per 1K Jobs
0.91
Location Quotient
Hammond, LA has 0.91x 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 0.91, the market for Bookkeeping, Accounting, and Auditing Clerks in Hammond, LA, is nearly on par with the national average in terms of concentration. This suggests a balanced job market where the number of professionals is closely aligned with the demand for their services, indicating moderate competition and stable employment opportunities.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Baton Rouge, LA Bookkeeping, Accounting, and Auditing Clerks Salary | $47,100↑ 12% | 40 mi |
| Slidell-Mandeville-Covington, LA Bookkeeping, Accounting, and Auditing Clerks Salary | $42,290↑ 1% | 43 mi |
| New Orleans-Metairie, LA Bookkeeping, Accounting, and Auditing Clerks Salary | $47,220↑ 12% | 44 mi |
| Houma-Bayou Cane-Thibodaux, LA Bookkeeping, Accounting, and Auditing Clerks Salary | $44,080↑ 5% | 66 mi |
| Gulfport-Biloxi, MS Bookkeeping, Accounting, and Auditing Clerks Salary | $42,860↑ 2% | 83 mi |
Comparing salaries near Hammond, LA
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Hammond, LA?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Hammond, LA is $41,980. This typically ranges from $26,520 for entry-level positions to $59,510 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hammond, LA is 19.2% lower than the national median of $51,940.
Is Hammond, LA a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not particularly lucrative compared to national averages.While the cost of living is at the national average, the average salary of $41,980 is significantly lower than the national average of $51,940. This indicates that earning potential in this role is less than the national benchmark.
Is Hammond, LA a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Hammond, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hammond, LA?
Some top paying nearby cities include Baton Rouge, LA ($47,100) and Slidell-Mandeville-Covington, LA.
How does the local workforce size affect job prospects?
A local workforce of 410 indicates a moderately sized pool of professionals, suggesting stable demand without overwhelming competition for Bookkeeping, Accounting, and Auditing Clerk positions in Hammond, LA.
What does a Location Quotient of 0.91 mean for this role?
A Location Quotient of 0.91 signifies that the concentration of Bookkeeping, Accounting, and Auditing Clerks in Hammond, LA, is slightly lower than the national average, implying a steady but not exceptionally high demand for these professionals.
How does the Cost of Living in Hammond compare nationally?
Hammond, LA, has a Cost of Living Index of 100, which is exactly the national average. This means that the general expenses for housing, food, and transportation are comparable to the rest of the United States.
Are there many Bookkeeping, Accounting, and Auditing Clerk jobs per capita in Hammond?
With 8.554 jobs per 1,000 workers, Hammond, LA, shows a consistent presence of these roles, indicating a healthy level of employment opportunities for Bookkeeping, Accounting, and Auditing Clerks within the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 410 employees in the Hammond, LA area with a job density of 8.554 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 Hammond, LA