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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Laredo, TX

In Laredo, TX, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $42,320. This figure is notably below the national average of $51,940, indicating that local market dynamics and potentially regional economic factors influence compensation for these essential financial roles. The specific economic landscape of Laredo shapes the earning potential for these positions.

Executive Summary

  • Average Salary: $42,320 per year.
  • Growth Trend: Salaries have shifted 36.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $67,350.
  • Outlook: Laredo, TX supports a local workforce of 1,120 individuals in Bookkeeping, Accounting, and Auditing Clerk roles. With a Location Quotient of 1.12, the concentration of these jobs in Laredo is slightly higher than the national average, suggesting a steady demand for these professionals within the local economy. The presence of 10.538 jobs per 1,000 workers indicates a robust, albeit not overwhelmingly saturated, job market for these positions.
2024 Market Data

Salary Overview

$42,320

The average Bookkeeping, Accounting, and Auditing Clerks in Laredo, TX earns-18.5%below the national average.

BreakdownBased on 40h/week
Hourly

$20.4

Weekly

$814

Monthly

$3,527

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Laredo, TX

Career progression for Bookkeeping, Accounting, and Auditing Clerks in Laredo, TX, is typically marked by increasing salary levels. Entry-level positions will naturally command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect significantly higher compensation. The percentile gaps in salary distribution reflect this experience-based scaling, offering clear financial incentives for career advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$26,170$12.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,740$15.3
ManagerOversees team, compliance, and project delivery.50% (Median)$39,360$18.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$52,900$25.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$67,350$32.4

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$42,320

Gross Pay

Real Wage (Purchasing Power)

$42,320

Adjusted for COL (100)

The average annual salary of $42,320 in Laredo, TX, 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 in line with the rest of the country, offering no significant advantage or disadvantage in terms of cost of living adjustments for professionals considering a move to or within Laredo.

Job Market Context

1,120

Total Jobs

10.538

Per 1K Jobs

1.12

Location Quotient

Above Average

With a location quotient of 1.12, Laredo, TX has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

With a Location Quotient of 1.12, Laredo, TX, exhibits a slightly higher concentration of Bookkeeping, Accounting, and Auditing Clerk positions compared to the national average. This suggests that the job market in Laredo is moderately competitive, with a stable demand for these roles. While not an exceptionally high concentration, it indicates that the local economy values and utilizes these financial support services at a rate slightly above the national norm.

Nearby Job Markets

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Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Laredo, TX?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Laredo, TX is $42,320. This typically ranges from $26,170 for entry-level positions to $67,350 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Laredo, TX is 18.5% lower than the national median of $51,940.

Is Laredo, TX a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

No, not significantly more lucrative than the national average.While the concentration of these roles is slightly above the national average, the nominal salary of $42,320 is below the national average of $51,940, and the cost of living is on par.

Is Laredo, TX a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in Laredo, TX is 100. While higher than average, this often correlates with higher wages.

How does the Laredo salary compare to the national average?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Laredo, TX is $42,320, which is lower than the national average of $51,940.

What is the cost of living in Laredo, TX for these roles?

The cost of living in Laredo, TX is at the national average, indicated by an index of 100, meaning your salary's purchasing power is comparable to the national standard.

Is there high demand for Bookkeeping, Accounting, and Auditing Clerks in Laredo?

The demand is moderately high, as indicated by a Location Quotient of 1.12, suggesting a slightly greater concentration of these jobs in Laredo compared to the national average.

How many Bookkeeping, Accounting, and Auditing Clerk jobs are there in Laredo?

There are approximately 1,120 Bookkeeping, Accounting, and Auditing Clerks employed in Laredo, TX, representing about 10.538 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 1,120 employees in the Laredo, TX area with a job density of 10.538 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.