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

In the Lower West Mississippi nonmetropolitan area, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $42,530. This figure is notably below the national average of $51,940, reflecting regional economic factors and potentially a lower demand for specialized financial roles compared to larger metropolitan hubs. The local economic landscape directly influences compensation levels for these essential administrative positions.

Executive Summary

  • Average Salary: $42,530 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $63,270.
  • Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in the Lower West Mississippi nonmetropolitan area appears stable, with a total local workforce of 860 individuals in this role. The Location Quotient of 1.14 suggests a slightly higher concentration of these jobs compared to the national average, indicating a consistent, albeit not overwhelmingly robust, demand within the region.
2024 Market Data

Salary Overview

$42,530

The average Bookkeeping, Accounting, and Auditing Clerks in Lower West Mississippi nonmetropolitan area earns-18.1%below the national average.

BreakdownBased on 40h/week
Hourly

$20.5

Weekly

$818

Monthly

$3,544

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

Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves salary increases tied to experience and skill development. Entry-level positions often start at the lower end of the pay scale, while senior clerks with extensive experience and specialized knowledge can command significantly higher salaries, often reaching into the upper percentiles. The gap between entry-level and senior roles signifies substantial career growth potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$26,980$13
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,898$15.3
ManagerOversees team, compliance, and project delivery.50% (Median)$40,350$19.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$53,163$25.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$63,270$30.4

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$42,530

Gross Pay

Real Wage (Purchasing Power)

$42,530

Adjusted for COL (100)

The nominal average annual salary of $42,530 in the Lower West Mississippi nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that income is equivalent to the national average, suggesting that the cost of essential goods and services is balanced with the local pay rates.

Job Market Context

860

Total Jobs

10.722

Per 1K Jobs

1.14

Location Quotient

Above Average

With a location quotient of 1.14, Lower West Mississippi nonmetropolitan area has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

With a Location Quotient of 1.14, the Lower West Mississippi nonmetropolitan area exhibits a slightly higher concentration of Bookkeeping, Accounting, and Auditing Clerk positions than the national average. This indicates a moderately competitive market where demand is present and perhaps slightly more pronounced relative to the general workforce, but not to the extent of being oversaturated.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

Comparing salaries near Lower West Mississippi nonmetropolitan area

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

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

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Lower West Mississippi nonmetropolitan area is $42,530. This typically ranges from $26,980 for entry-level positions to $63,270 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lower West Mississippi nonmetropolitan area is 18.1% lower than the national median of $51,940.

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

No, it is not considered a lucrative place.The average salary of $42,530 is significantly lower than the national average of $51,940. While the cost of living is average, the lower pay scale indicates less financial reward compared to national benchmarks.

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

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

Where are the highest paying cities near Lower West 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 West Mississippi is $42,530, which is substantially lower than the national average of $51,940.

What is the cost of living in Lower West Mississippi nonmetropolitan area?

The Cost of Living Index for this area is 100, which is exactly the national average, meaning the cost of goods and services is comparable to the rest of the country.

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

There are approximately 860 individuals employed as Bookkeeping, Accounting, and Auditing Clerks in the Lower West Mississippi nonmetropolitan area.

Is there high demand for these roles in this region?

The Location Quotient of 1.14 suggests a slightly higher concentration of these jobs compared to the national average, indicating a stable but not exceptionally high demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 860 employees in the Lower West Mississippi nonmetropolitan area area with a job density of 10.722 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.