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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Lower East Mississippi nonmetropolitan area

In the Lower East Mississippi nonmetropolitan area, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $42,250. This figure is notably below the national average of $51,940, reflecting the economic dynamics and potentially lower demand for specialized financial roles in nonmetropolitan regions. The local pay scale is influenced by the specific economic drivers and industry concentration within this particular geographic area.

Executive Summary

  • Average Salary: $42,250 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $59,740.
  • Outlook: With a total local workforce of 1,140 individuals in this sector, the presence of Bookkeeping, Accounting, and Auditing Clerks is substantial yet closely aligned with national averages, indicated by a Location Quotient of 0.99. This suggests a stable demand for these professionals, with the number of jobs per 1,000 workers at 9.301, mirroring the national employment landscape for this occupation.
2024 Market Data

Salary Overview

$42,250

The average Bookkeeping, Accounting, and Auditing Clerks in Lower East Mississippi nonmetropolitan area earns-18.7%below the national average.

BreakdownBased on 40h/week
Hourly

$20.3

Weekly

$813

Monthly

$3,521

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Lower East Mississippi nonmetropolitan area

Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a significant salary increase with experience. Entry-level positions often start at the lower end of the pay scale, while senior roles, requiring specialized skills and extensive experience, command higher salaries. The percentile gaps in earnings clearly signify the career trajectory and the value placed on accumulated expertise and responsibility within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$27,860$13.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,688$15.2
ManagerOversees team, compliance, and project delivery.50% (Median)$39,320$18.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$52,813$25.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$59,740$28.7

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$42,250

Gross Pay

Real Wage (Purchasing Power)

$42,250

Adjusted for COL (100)

The nominal average annual salary of $42,250 in the Lower East Mississippi nonmetropolitan area 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 while the absolute salary is lower than the national average, the cost of living does not present a significant disadvantage for residents.

Job Market Context

1,140

Total Jobs

9.301

Per 1K Jobs

0.99

Location Quotient

Below Average

Lower East Mississippi nonmetropolitan area has 0.99x 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.

The Location Quotient of 0.99 for Bookkeeping, Accounting, and Auditing Clerks in the Lower East Mississippi nonmetropolitan area indicates that the concentration of these jobs is nearly identical to the national average. This suggests a balanced job market where the supply of and demand for these professionals are in equilibrium, without significant oversupply or undersupply compared to other regions.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

Comparing salaries near Lower East Mississippi nonmetropolitan area

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Lower East Mississippi nonmetropolitan area?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Lower East Mississippi nonmetropolitan area is $42,250. This typically ranges from $27,860 for entry-level positions to $59,740 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lower East Mississippi nonmetropolitan area is 18.7% lower than the national median of $51,940.

Is Lower East Mississippi nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

No, not particularly lucrative compared to national averages.While the cost of living is on par with the national average, the average salary of $42,250 is significantly lower than the national average of $51,940, indicating less lucrative earning potential.

Is Lower East Mississippi nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in Lower East Mississippi nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lower East Mississippi nonmetropolitan area?

Some top paying nearby cities include Jackson, MS ($45,290) and others.

How does the local salary compare to the national average?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Lower East Mississippi is $42,250, which is below the national average of $51,940.

What is the concentration of Bookkeeping, Accounting, and Auditing Clerk jobs in this area?

The concentration, measured by the Location Quotient, is 0.99, which is very close to the national average of 1.0, indicating a similar level of job presence.

How does the cost of living affect the salary?

The Cost of Living Index is 100, matching the national average. This means the $42,250 salary has the same purchasing power as the national average salary, despite being lower in nominal terms.

What is the total number of Bookkeeping, Accounting, and Auditing Clerks in the area?

There are approximately 1,140 Bookkeeping, Accounting, and Auditing Clerks employed in the Lower East Mississippi nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,140 employees in the Lower East Mississippi nonmetropolitan area area with a job density of 9.301 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.