In Hartford-West Hartford-East Hartford, CT, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $58,150. This figure notably surpasses the national average of $51,940, indicating a favorable compensation landscape for these professionals in the region. Local economic factors and industry demand likely contribute to this higher pay.
Executive Summary
- Average Salary: $58,150 per year.
- Growth Trend: Salaries have shifted 16.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $75,180.
- Outlook: With a local workforce of 4,760 individuals in this sector and a Location Quotient of 0.85, the Hartford area presents a stable, albeit slightly below national average concentration, job market for bookkeeping, accounting, and auditing clerks. The presence of a substantial workforce suggests consistent demand and opportunities for skilled professionals within the region.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Hartford-West Hartford-East Hartford, CT earns+12.0%above the national average.
$28
$1,118
$4,846
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 Hartford-West Hartford-East Hartford, CT, have experienced steady growth over the past four years, mirroring national trends. This upward trajectory is typically driven by inflation, increasing demand for financial services, and the evolving complexity of accounting regulations.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Hartford-West Hartford-East Hartford, CT
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 specialized skills and extensive experience, command significantly higher compensation. 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) | $42,850 | $20.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $43,613 | $21 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $57,480 | $27.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $72,688 | $34.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $75,180 | $36.1 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$58,150
Gross Pay
Real Wage (Purchasing Power)
$58,150
Adjusted for COL (100)
The average annual salary of $58,150 in Hartford-West Hartford-East Hartford, CT, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power directly against the national standard, offering a balanced financial outlook for residents.
Job Market Context
4,760
Total Jobs
8.036
Per 1K Jobs
0.85
Location Quotient
Hartford-West Hartford-East Hartford, CT has 0.85x 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.
A Location Quotient of 0.85 suggests that Bookkeeping, Accounting, and Auditing Clerk roles are slightly less concentrated in Hartford-West Hartford-East Hartford, CT, compared to the national average. This indicates a moderately competitive market where demand is present but perhaps not as saturated as in other regions, potentially offering good opportunities for qualified candidates.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Connecticut nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary | $55,930↓ 4% | 12 mi |
| Waterbury-Shelton, CT Bookkeeping, Accounting, and Auditing Clerks Salary | $56,090↓ 4% | 23 mi |
| Springfield, MA Bookkeeping, Accounting, and Auditing Clerks Salary | $52,890↓ 9% | 25 mi |
| New Haven, CT Bookkeeping, Accounting, and Auditing Clerks Salary | $58,480↑ 1% | 34 mi |
| Norwich-New London-Willimantic, CT Bookkeeping, Accounting, and Auditing Clerks Salary | $56,700↓ 2% | 34 mi |
Comparing salaries near Hartford-West Hartford-East Hartford, CT
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Hartford-West Hartford-East Hartford, CT?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Hartford-West Hartford-East Hartford, CT is $58,150. This typically ranges from $42,850 for entry-level positions to $75,180 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hartford-West Hartford-East Hartford, CT is 12.0% higher than the national median of $51,940.
Is Hartford-West Hartford-East Hartford, CT a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, it is a moderately lucrative place.The average salary of $58,150 is above the national average, and the cost of living is on par with the national average, indicating good purchasing power.
Is Hartford-West Hartford-East Hartford, CT a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Hartford-West Hartford-East Hartford, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hartford-West Hartford-East Hartford, CT?
Some top paying nearby cities include Connecticut nonmetropolitan area ($55,930) and Waterbury-Shelton, CT.
How does the Hartford area's salary compare to the national average for this role?
Bookkeeping, Accounting, and Auditing Clerks in Hartford-West Hartford-East Hartford, CT, earn approximately $6,210 more annually than the national average, with an average salary of $58,150 compared to $51,940 nationally.
What is the concentration of Bookkeeping, Accounting, and Auditing Clerks in Hartford?
The concentration, measured by the Location Quotient, is 0.85, meaning the jobs are slightly less prevalent than the national average. There are 8.036 jobs per 1,000 workers locally.
How does the cost of living affect the salary in Hartford?
With a Cost of Living Index of 100, the national average, the $58,150 salary in Hartford provides purchasing power equivalent to the national average, making it a stable financial environment.
What is the total number of Bookkeeping, Accounting, and Auditing Clerks in the Hartford area?
The Hartford-West Hartford-East Hartford, CT, metropolitan area employs a total of 4,760 Bookkeeping, Accounting, and Auditing Clerks.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,760 employees in the Hartford-West Hartford-East Hartford, CT area with a job density of 8.036 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 Hartford-West Hartford-East Hartford, CT