Average Bookkeeping, Accounting, and Auditing Clerks Salary in Iowa
In Iowa, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $48,980. This figure is slightly below the national average of $51,940, a difference often influenced by regional economic factors and the specific demand within the state's industries. The cost of living in Iowa also plays a significant role in understanding the true value of this compensation.
Executive Summary
- Average Salary: $48,980 per year.
- Growth Trend: Salaries have shifted 18.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $64,190.
- Outlook: With a local workforce of 14,150 individuals in this sector, Iowa demonstrates a substantial presence of accounting and bookkeeping professionals. The location quotient of 0.96 suggests that the concentration of these roles in Iowa is nearly on par with the national average, indicating a stable and consistent demand for these essential financial services within the state's economy.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Iowa earns-5.7%below the national average.
$23.6
$942
$4,082
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in Iowa have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for financial expertise, and the evolving complexity of accounting regulations.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Iowa
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Iowa typically involves a noticeable salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior clerks with specialized skills and extensive experience can command salaries significantly higher than the average, reflecting the value of their expertise and responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $32,100 | $15.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $36,735 | $17.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,150 | $22.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $61,225 | $29.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $64,190 | $30.9 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$48,980
Gross Pay
Real Wage (Purchasing Power)
$54,604
Adjusted for COL (89.7)
The average annual salary of $48,980 in Iowa is quite advantageous when considering the local cost of living index of 89.7. This index, being below the national average of 100, means that the purchasing power of an Iowa-based salary is generally higher, allowing residents to afford more goods and services compared to areas with a higher cost of living.
Job Market Context
14,150
Total Jobs
9.064
Per 1K Jobs
0.96
Location Quotient
Iowa has 0.96x 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 0.96 indicates that Iowa has a job market for Bookkeeping, Accounting, and Auditing Clerks that is very closely aligned with the national average in terms of concentration. This suggests a balanced market where the number of professionals is proportionate to the demand, implying moderate competition and steady employment opportunities.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Ames, IA Bookkeeping, Accounting, and Auditing Clerks Salary | $48,530↓ 1% | 21 mi |
| Des Moines-West Des Moines, IA Bookkeeping, Accounting, and Auditing Clerks Salary | $51,260↑ 5% | 37 mi |
| Waterloo-Cedar Falls, IA Bookkeeping, Accounting, and Auditing Clerks Salary | $47,920↓ 2% | 55 mi |
| Cedar Rapids, IA Bookkeeping, Accounting, and Auditing Clerks Salary | $49,990↑ 2% | 79 mi |
| Iowa City, IA Bookkeeping, Accounting, and Auditing Clerks Salary | $49,430↑ 1% | 90 mi |
Comparing salaries near Iowa
Hiring Bookkeeping, Accounting, and Auditing Clerkss?
Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Iowa?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Iowa is $48,980. This typically ranges from $32,100 for entry-level positions to $64,190 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Iowa is 5.7% lower than the national median of $51,940.
Is Iowa a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, with a caveat regarding national averages.Iowa offers a competitive salary for these roles, which, when combined with a lower cost of living, provides strong purchasing power. While the average salary is slightly below the national median, the affordability of living in Iowa makes it an attractive location.
Is Iowa a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
With a Cost of Living Index of 89.7 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Iowa?
Some top paying nearby cities include Ames, IA ($48,530) and Des Moines-West Des Moines, IA.
How does Iowa's average salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Iowa is $48,980, which is slightly lower than the national average of $51,940.
What is the cost of living in Iowa compared to the national average?
Iowa has a cost of living index of 89.7, which is 10.3% lower than the national average index of 100, making it a more affordable state to live in.
How concentrated are accounting and bookkeeping jobs in Iowa?
Iowa's location quotient for these roles is 0.96, indicating that the concentration of these jobs is very close to the national average, suggesting a stable job market.
How many Bookkeeping, Accounting, and Auditing Clerks are there in Iowa?
There are approximately 14,150 individuals employed as Bookkeeping, Accounting, and Auditing Clerks in Iowa.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 14,150 employees in the Iowa area with a job density of 9.064 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Bookkeeping, Accounting, and Auditing Clerks Salaries by State
Top Jobs in Iowa
- All Occupations Salary in Iowa
- Office and Administrative Support Occupations Salary in Iowa
- Transportation and Material Moving Occupations Salary in Iowa
- Production Occupations Salary in Iowa
- Sales and Related Occupations Salary in Iowa
- Food Preparation and Serving Related Occupations Salary in Iowa
- Educational Instruction and Library Occupations Salary in Iowa
- Management Occupations Salary in Iowa
- Business and Financial Operations Occupations Salary in Iowa
- Healthcare Practitioners and Technical Occupations Salary in Iowa
- Browse All Jobs in Iowa →
Semantic Salary Analysis for Bookkeeping, Accounting, and Auditing Clerks • Data source: BLS OEWS 2024 •Jobs in Iowa