SalaryNode

Average Bookkeeping, Accounting, and Auditing Clerks Salary in Janesville-Beloit, WI

In Janesville-Beloit, WI, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $47,770. This figure is slightly below the national average of $51,940, indicating that local market dynamics and potentially regional economic factors influence compensation for these essential financial roles.

Executive Summary

  • Average Salary: $47,770 per year.
  • Growth Trend: Salaries have shifted 20.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $61,590.
  • Outlook: The Janesville-Beloit area supports a local workforce of 660 individuals in bookkeeping, accounting, and auditing clerk positions. With a Location Quotient of 1.01, the concentration of these roles is very close to the national average, suggesting a stable and consistent demand for these professionals within the region's economic landscape.
2024 Market Data

Salary Overview

$47,770

The average Bookkeeping, Accounting, and Auditing Clerks in Janesville-Beloit, WI earns-8.0%below the national average.

BreakdownBased on 40h/week
Hourly

$23

Weekly

$919

Monthly

$3,981

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Janesville-Beloit, WI

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 clerks with specialized skills and extensive experience can command significantly higher salaries, often reflected in the upper percentiles of the salary distribution.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$32,370$15.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$35,828$17.2
ManagerOversees team, compliance, and project delivery.50% (Median)$47,460$22.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$59,713$28.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$61,590$29.6

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$47,770

Gross Pay

Real Wage (Purchasing Power)

$47,770

Adjusted for COL (100)

The average annual salary of $47,770 in Janesville-Beloit aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, suggesting that the nominal income translates directly to a comparable standard of living without significant financial strain or advantage compared to the rest of the country.

Job Market Context

660

Total Jobs

9.52

Per 1K Jobs

1.01

Location Quotient

Above Average

With a location quotient of 1.01, Janesville-Beloit, WI has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

A Location Quotient of 1.01 for Bookkeeping, Accounting, and Auditing Clerks in Janesville-Beloit indicates that the industry's presence in the region is almost exactly at the national average concentration. This suggests a balanced job market where the number of available professionals closely matches the demand, implying a moderately competitive environment for job seekers and employers alike.

Nearby Job Markets

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Janesville-Beloit, WI?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Janesville-Beloit, WI is $47,770. This typically ranges from $32,370 for entry-level positions to $61,590 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Janesville-Beloit, WI is 8.0% lower than the national median of $51,940.

Is Janesville-Beloit, WI a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

No, not particularly lucrative compared to the national average.The average salary of $47,770 is below the national average, though the cost of living is also at the national average, making the purchasing power comparable.

Is Janesville-Beloit, WI a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in Janesville-Beloit, WI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Janesville-Beloit, WI?

Some top paying nearby cities include Rockford, IL ($48,690) and Madison, WI.

What is the average salary for Bookkeeping, Accounting, and Auditing Clerks in Janesville-Beloit, WI?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Janesville-Beloit, WI is $47,770.

How does the Janesville-Beloit salary compare to the national average?

The average salary in Janesville-Beloit ($47,770) is slightly lower than the national average ($51,940).

What is the Cost of Living in Janesville-Beloit, WI?

The Cost of Living Index in Janesville-Beloit, WI is 100, which is the national average.

How concentrated are Bookkeeping, Accounting, and Auditing Clerk jobs in Janesville-Beloit?

The concentration of these jobs, indicated by a Location Quotient of 1.01, is very close to the national average, suggesting a stable presence in the local job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 660 employees in the Janesville-Beloit, WI area with a job density of 9.52 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.