SalaryNode

Average Bookkeeping, Accounting, and Auditing Clerks Salary in Lansing-East Lansing, MI

In Lansing-East Lansing, MI, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $50,200. This figure is slightly below the national average of $51,940. Local economic factors and the specific demand within the Lansing-East Lansing metropolitan area contribute to this compensation level.

Executive Summary

  • Average Salary: $50,200 per year.
  • Growth Trend: Salaries have shifted 16.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $65,950.
  • Outlook: The Lansing-East Lansing area supports a robust workforce of 2,130 individuals in bookkeeping, accounting, and auditing clerk roles. With a Location Quotient of 1.06, this indicates a slightly higher concentration of these professionals compared to the national average, suggesting a stable and present demand for their services within the local economy.
2024 Market Data

Salary Overview

$50,200

The average Bookkeeping, Accounting, and Auditing Clerks in Lansing-East Lansing, MI earns-3.4%below the national average.

BreakdownBased on 40h/week
Hourly

$24.1

Weekly

$965

Monthly

$4,183

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Lansing-East Lansing, MI

Career progression for Bookkeeping, Accounting, and Auditing Clerks in Lansing-East Lansing typically involves a significant salary increase with experience. Entry-level positions might start at a lower percentile, while senior roles, often requiring specialized skills or certifications, command higher salaries, reflecting increased responsibility and expertise. The widening gap between entry-level and senior salaries signifies a clear career ladder.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,820$17.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$37,650$18.1
ManagerOversees team, compliance, and project delivery.50% (Median)$48,320$23.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$62,750$30.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$65,950$31.7

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$50,200

Gross Pay

Real Wage (Purchasing Power)

$50,200

Adjusted for COL (100)

The nominal average salary of $50,200 in Lansing-East Lansing aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Bookkeeping, Accounting, and Auditing Clerk's salary in this region is comparable to the national average, offering a stable financial standing relative to the cost of goods and services.

Job Market Context

2,130

Total Jobs

9.969

Per 1K Jobs

1.06

Location Quotient

Above Average

With a location quotient of 1.06, Lansing-East Lansing, MI has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

A Location Quotient of 1.06 for Bookkeeping, Accounting, and Auditing Clerks in Lansing-East Lansing suggests that this profession is slightly more concentrated in this metropolitan area than the national average. This indicates a healthy, albeit not overwhelmingly dominant, market for these roles, implying a competitive but accessible landscape for job seekers and employers alike.

Nearby Job Markets

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Lansing-East Lansing, MI?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Lansing-East Lansing, MI is $50,200. This typically ranges from $35,820 for entry-level positions to $65,950 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lansing-East Lansing, MI is 3.4% lower than the national median of $51,940.

Is Lansing-East Lansing, MI a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

Yes, it is a stable market for these roles.The average salary is competitive with the national average, and the cost of living is also at the national average, offering good purchasing power. The slightly higher concentration of these roles indicates consistent local demand.

Is Lansing-East Lansing, MI a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in Lansing-East Lansing, MI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lansing-East Lansing, MI?

Some top paying nearby cities include Jackson, MI ($47,470) and Mid Michigan nonmetropolitan area.

How does the Lansing-East Lansing salary compare to the national average?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Lansing-East Lansing is $50,200, which is slightly lower than the national average of $51,940.

What is the concentration of Bookkeeping, Accounting, and Auditing Clerks in Lansing-East Lansing?

The Location Quotient is 1.06, indicating a slightly higher concentration of these professionals in Lansing-East Lansing compared to the national average.

How does the cost of living in Lansing-East Lansing affect salary perception?

With a Cost of Living Index of 100, the local cost of living is on par with the national average. Therefore, the $50,200 salary offers a purchasing power equivalent to the national average.

What is the total number of Bookkeeping, Accounting, and Auditing Clerks in Lansing-East Lansing?

There are approximately 2,130 Bookkeeping, Accounting, and Auditing Clerks employed in the Lansing-East Lansing metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,130 employees in the Lansing-East Lansing, MI area with a job density of 9.969 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.