Average Bookkeeping, Accounting, and Auditing Clerks Salary in Ithaca, NY
In Ithaca, NY, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $52,260. This figure slightly surpasses the national average of $51,940, indicating a stable demand for these essential financial roles within the local economy. The specific economic drivers and industry composition of Ithaca contribute to this competitive compensation.
Executive Summary
- Average Salary: $52,260 per year.
- Growth Trend: Salaries have shifted 13.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $67,280.
- Outlook: The Ithaca job market for Bookkeeping, Accounting, and Auditing Clerks appears robust, evidenced by a local workforce of 540 professionals. A Location Quotient of 1.19 suggests a slightly higher concentration of these roles compared to the national average, implying consistent demand and a healthy job environment for skilled individuals in this sector.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Ithaca, NY earns+0.6%above the national average.
$25.1
$1,005
$4,355
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 Ithaca have seen gradual growth over the past four years, mirroring national trends. This upward trajectory 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 Ithaca, NY
Career progression significantly impacts earning potential for Bookkeeping, Accounting, and Auditing Clerks. Entry-level positions typically start at the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command considerably higher salaries. The percentile gaps in salary distribution clearly signify opportunities for career advancement and increased earning capacity.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,440 | $18 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $39,195 | $18.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $49,920 | $24 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $65,325 | $31.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $67,280 | $32.3 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$52,260
Gross Pay
Real Wage (Purchasing Power)
$52,260
Adjusted for COL (100)
The nominal average salary of $52,260 in Ithaca, NY, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an Ithaca-based clerk's salary is equivalent to the national average, offering a stable financial standing without the added pressure of a higher cost of living.
Job Market Context
540
Total Jobs
11.236
Per 1K Jobs
1.19
Location Quotient
With a location quotient of 1.19, Ithaca, NY has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
With a Location Quotient of 1.19, Ithaca exhibits a slightly higher concentration of Bookkeeping, Accounting, and Auditing Clerk positions than the national average. This suggests a moderately competitive market where demand is present and perhaps slightly outpaces the national average, offering good opportunities for those seeking employment in this field.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Elmira, NY Bookkeeping, Accounting, and Auditing Clerks Salary | $49,950↓ 4% | 29 mi |
| Binghamton, NY Bookkeeping, Accounting, and Auditing Clerks Salary | $49,780↓ 5% | 39 mi |
| Syracuse, NY Bookkeeping, Accounting, and Auditing Clerks Salary | $53,120↑ 2% | 45 mi |
| Rochester, NY Bookkeeping, Accounting, and Auditing Clerks Salary | $51,170↓ 2% | 75 mi |
| Utica-Rome, NY Bookkeeping, Accounting, and Auditing Clerks Salary | $49,100↓ 6% | 79 mi |
Comparing salaries near Ithaca, NY
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Ithaca, NY?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Ithaca, NY is $52,260. This typically ranges from $37,440 for entry-level positions to $67,280 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Ithaca, NY is 0.6% higher than the national median of $51,940.
Is Ithaca, NY a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, Ithaca, NY offers competitive compensation for Bookkeeping, Accounting, and Auditing Clerks.The average salary of $52,260 is slightly above the national average, and the cost of living is on par with the national average, making it a financially stable location for these professionals.
Is Ithaca, NY a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Ithaca, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Ithaca, NY?
Some top paying nearby cities include Elmira, NY ($49,950) and Binghamton, NY.
How does Ithaca's salary compare to the national average for this role?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Ithaca, NY is $52,260, which is slightly higher than the national average of $51,940.
What is the significance of the Location Quotient in Ithaca?
A Location Quotient of 1.19 indicates that Ithaca has a slightly higher concentration of Bookkeeping, Accounting, and Auditing Clerk jobs relative to the national average, suggesting a favorable job market.
Does the cost of living in Ithaca affect the value of the salary?
No, the cost of living in Ithaca is exactly at the national average (index of 100), meaning the $52,260 salary has the same purchasing power as the national average salary.
How many Bookkeeping, Accounting, and Auditing Clerk jobs are there in Ithaca?
There are approximately 540 Bookkeeping, Accounting, and Auditing Clerks employed in Ithaca, NY, representing about 11.236 jobs per 1,000 workers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 540 employees in the Ithaca, NY area with a job density of 11.236 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 Ithaca, NY