Average Bookkeeping, Accounting, and Auditing Clerks Salary in Maine
In Maine, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $51,530. This figure is slightly below the national average of $51,940, suggesting a nuanced compensation landscape within the state. Factors such as the local economic structure, demand for specialized financial services, and the overall cost of doing business in Maine contribute to this pay rate.
Executive Summary
- Average Salary: $51,530 per year.
- Growth Trend: Salaries have shifted 27.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $64,780.
- Outlook: Maine's market for Bookkeeping, Accounting, and Auditing Clerks is moderately concentrated, indicated by a Location Quotient of 1.38, which is 38% higher than the national average. With a local workforce of 8,310 individuals in this field, the state demonstrates a notable presence and demand for these essential financial roles, suggesting a stable and robust job market.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Maine earns-0.8%below the national average.
$24.8
$991
$4,294
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in Maine have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for financial expertise, and the need for businesses to adapt to evolving regulatory environments.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Maine
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Maine typically involves a significant salary increase with experience. Entry-level positions might start around the lower percentiles, while senior roles and specialized accountants can command salaries well into the upper percentiles, reflecting acquired skills, responsibilities, and expertise. The widening gap between entry-level and senior salaries underscores the opportunities for career advancement within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,450 | $18.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $38,648 | $18.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $49,510 | $23.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $64,413 | $31 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $64,780 | $31.1 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$51,530
Gross Pay
Real Wage (Purchasing Power)
$46,215
Adjusted for COL (111.5)
The average annual salary of $51,530 in Maine needs to be considered alongside its Cost of Living Index of 111.5. This index is 11.5% higher than the national average, meaning that while the nominal salary is close to the national average, the purchasing power of that salary is somewhat diminished due to higher living expenses in the state.
Job Market Context
8,310
Total Jobs
13.073
Per 1K Jobs
1.38
Location Quotient
With a location quotient of 1.38, Maine has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
Maine's Location Quotient of 1.38 signifies a higher concentration of Bookkeeping, Accounting, and Auditing Clerk roles compared to the national average. This suggests that the demand for these professionals is relatively strong within the state, potentially leading to a more competitive job market for employers seeking talent, and offering good opportunities for job seekers.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Bangor, ME Bookkeeping, Accounting, and Auditing Clerks Salary | $50,250↓ 2% | 31 mi |
| Lewiston-Auburn, ME Bookkeeping, Accounting, and Auditing Clerks Salary | $51,000↓ 1% | 57 mi |
| Portland-South Portland, ME Bookkeeping, Accounting, and Auditing Clerks Salary | $54,660↑ 6% | 83 mi |
Comparing salaries near Maine
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Maine?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Maine is $51,530. This typically ranges from $38,450 for entry-level positions to $64,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Maine is 0.8% lower than the national median of $51,940.
Is Maine a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Moderately lucrative, with caveats.While the average salary is close to the national average, Maine's higher cost of living means the purchasing power is slightly reduced. However, the strong concentration of these roles indicates good job availability.
Is Maine a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Maine is 111.5. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Maine?
Some top paying nearby cities include Bangor, ME ($50,250) and Lewiston-Auburn, ME.
How does Maine's salary compare to the national average for this role?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Maine is $51,530, which is slightly lower than the national average of $51,940.
What is the concentration of Bookkeeping, Accounting, and Auditing Clerks in Maine?
Maine has a higher concentration of these roles than the national average, with a Location Quotient of 1.38, indicating a strong presence in the state's job market.
How does the cost of living affect the salary in Maine?
With a Cost of Living Index of 111.5, Maine is more expensive than the national average. This means the $51,530 salary may not stretch as far as it would in a lower cost-of-living area.
What is the total number of Bookkeeping, Accounting, and Auditing Clerks in Maine?
There are approximately 8,310 Bookkeeping, Accounting, and Auditing Clerks employed in Maine, reflecting a significant workforce in this sector.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,310 employees in the Maine area with a job density of 13.073 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Bookkeeping, Accounting, and Auditing Clerks • Data source: BLS OEWS 2024 •Jobs in Maine