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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Lynchburg, VA

In Lynchburg, VA, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $45,520. This figure is slightly below the national average of $51,940, a common trend in many regional economies where localized demand and cost structures influence compensation. The specific economic landscape of Lynchburg shapes the earning potential for these vital financial roles.

Executive Summary

  • Average Salary: $45,520 per year.
  • Growth Trend: Salaries have shifted 26.8% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $60,270.
  • Outlook: Lynchburg, VA supports a workforce of 890 Bookkeeping, Accounting, and Auditing Clerks. With a Location Quotient of 0.97, the concentration of these roles is nearly on par with the national average, indicating a stable and consistent demand within the local job market. The presence of over 9 jobs per 1,000 workers further underscores the steady employment opportunities available for professionals in this field.
2024 Market Data

Salary Overview

$45,520

The average Bookkeeping, Accounting, and Auditing Clerks in Lynchburg, VA earns-12.4%below the national average.

BreakdownBased on 40h/week
Hourly

$21.9

Weekly

$875

Monthly

$3,793

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Lynchburg, VA

Career progression for Bookkeeping, Accounting, and Auditing Clerks in Lynchburg, VA, is typically marked by increasing salary levels. Entry-level positions will naturally command lower salaries, while experienced professionals with specialized skills or those in senior roles can expect significantly higher earnings. The percentile gaps in salary distribution reflect these opportunities for advancement and increased earning potential throughout a career.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$30,780$14.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$34,140$16.4
ManagerOversees team, compliance, and project delivery.50% (Median)$44,790$21.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$56,900$27.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$60,270$29

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$45,520

Gross Pay

Real Wage (Purchasing Power)

$45,520

Adjusted for COL (100)

The average annual salary of $45,520 in Lynchburg, VA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that the cost of essential goods and services in Lynchburg is neither a significant advantage nor a disadvantage compared to the rest of the country.

Job Market Context

890

Total Jobs

9.127

Per 1K Jobs

0.97

Location Quotient

Below Average

Lynchburg, VA has 0.97x 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.

With a Location Quotient of 0.97, the market for Bookkeeping, Accounting, and Auditing Clerks in Lynchburg, VA, is highly representative of the national landscape. This suggests a balanced job market where the number of professionals in this field is closely aligned with national proportions, indicating neither an oversaturation nor a significant shortage of talent.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

CitySalaryDist.
Roanoke, VA Bookkeeping, Accounting, and Auditing Clerks Salary$45,750↑ 1%43 mi
Staunton-Stuarts Draft, VA Bookkeeping, Accounting, and Auditing Clerks Salary$47,420↑ 4%53 mi
Charlottesville, VA Bookkeeping, Accounting, and Auditing Clerks Salary$51,510↑ 13%59 mi
Southside Virginia nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$45,120↓ 1%61 mi
Northern West Virginia nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$40,430↓ 11%61 mi

Comparing salaries near Lynchburg, VA

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Lynchburg, VA?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Lynchburg, VA is $45,520. This typically ranges from $30,780 for entry-level positions to $60,270 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lynchburg, VA is 12.4% lower than the national median of $51,940.

Is Lynchburg, VA a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

No, not exceptionally lucrative compared to the national average.While the salary of $45,520 is stable and the cost of living is average, it falls below the national average for Bookkeeping, Accounting, and Auditing Clerks.

Is Lynchburg, VA a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

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

Where are the highest paying cities near Lynchburg, VA?

Some top paying nearby cities include Roanoke, VA ($45,750) and Staunton-Stuarts Draft, VA.

How does the Lynchburg salary compare to the national average?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Lynchburg, VA is $45,520, which is lower than the national average of $51,940.

What is the cost of living in Lynchburg, VA for these professionals?

The Cost of Living Index in Lynchburg, VA is 100, which is exactly the national average, meaning the purchasing power of the local salary is on par with the national standard.

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

The demand is stable, with a Location Quotient of 0.97 and 9.127 jobs per 1,000 workers, indicating a market that closely mirrors national employment levels for this role.

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

Lynchburg, VA has a local workforce of 890 individuals employed as Bookkeeping, Accounting, and Auditing Clerks.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 890 employees in the Lynchburg, VA area with a job density of 9.127 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Bookkeeping, Accounting, and Auditing Clerks • Data source: BLS OEWS 2024 •Jobs in Lynchburg, VA