Average Bookkeeping, Accounting, and Auditing Clerks Salary in Maryland nonmetropolitan area
Bookkeeping, Accounting, and Auditing Clerks in Maryland's nonmetropolitan areas earn an average annual salary of $50,400. This figure is slightly below the national average of $51,940, suggesting a nuanced compensation landscape in these regions. Local economic factors and the specific demand within these communities likely influence this pay rate, creating a distinct market for these essential financial roles.
Executive Summary
- Average Salary: $50,400 per year.
- Growth Trend: Salaries have shifted 19.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $67,720.
- Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in Maryland's nonmetropolitan areas appears stable, with a total local workforce of 1,070 individuals in this role. A Location Quotient of 1.01 indicates a concentration of these jobs that is very close to the national average, suggesting a balanced demand and supply within the region. The presence of approximately 9.5 jobs per 1,000 workers further reinforces the steady, albeit not exceptionally high, demand for these professionals.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Maryland nonmetropolitan area earns-3.0%below the national average.
$24.2
$969
$4,200
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 Maryland's nonmetropolitan areas have experienced gradual growth over the past four years, mirroring national trends. Economic shifts, inflation, and evolving business needs typically drive incremental increases in compensation for such roles, ensuring that pay remains competitive within the local market.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Maryland 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 clerks or those with specialized skills can command higher salaries. The percentile gaps between entry-level and senior roles signify substantial career growth opportunities and increased earning potential as professionals gain expertise and take on more complex responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,230 | $16.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,800 | $18.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,600 | $22.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $63,000 | $30.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $67,720 | $32.6 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$50,400
Gross Pay
Real Wage (Purchasing Power)
$50,400
Adjusted for COL (100)
The average annual salary of $50,400 in Maryland's nonmetropolitan areas aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a clerk's salary in these regions is comparable to the national standard. While not offering a cost-of-living advantage, the salary provides a stable financial footing for individuals and families residing in these communities.
Job Market Context
1,070
Total Jobs
9.515
Per 1K Jobs
1.01
Location Quotient
With a location quotient of 1.01, Maryland 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 1.01, the market for Bookkeeping, Accounting, and Auditing Clerks in Maryland's nonmetropolitan areas is nearly on par with the national average in terms of job concentration. This suggests a healthy and competitive job market where opportunities are readily available but not necessarily abundant. Employers are likely to find a sufficient pool of qualified candidates, while job seekers can expect a reasonable number of openings.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV Bookkeeping, Accounting, and Auditing Clerks Salary | $58,760↑ 17% | 17 mi |
| Baltimore-Columbia-Towson, MD Bookkeeping, Accounting, and Auditing Clerks Salary | $55,900↑ 11% | 19 mi |
| Gettysburg, PA Bookkeeping, Accounting, and Auditing Clerks Salary | $47,230↓ 6% | 58 mi |
| Lexington Park, MD Bookkeeping, Accounting, and Auditing Clerks Salary | $53,920↑ 7% | 59 mi |
| York-Hanover, PA Bookkeeping, Accounting, and Auditing Clerks Salary | $48,280↓ 4% | 62 mi |
Comparing salaries near Maryland nonmetropolitan area
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Maryland nonmetropolitan area?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Maryland nonmetropolitan area is $50,400. This typically ranges from $35,230 for entry-level positions to $67,720 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Maryland nonmetropolitan area is 3.0% lower than the national median of $51,940.
Is Maryland nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Moderately. The average salary is slightly below the national average, but the cost of living is also at the national average.While the average salary of $50,400 is slightly lower than the national average, the cost of living being exactly at the national average means your earnings will have comparable purchasing power. The job market is stable with a concentration of roles similar to the national average.
Is Maryland nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Maryland nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Maryland nonmetropolitan area?
Some top paying nearby cities include Washington-Arlington-Alexandria, DC-VA-MD-WV ($58,760) and Baltimore-Columbia-Towson, MD.
How does the total workforce size affect job opportunities?
A local workforce of 1,070 indicates a substantial presence of these roles, suggesting consistent demand and a stable job market for Bookkeeping, Accounting, and Auditing Clerks in Maryland's nonmetropolitan areas.
What does a Location Quotient of 1.01 signify?
A Location Quotient of 1.01 means that the concentration of Bookkeeping, Accounting, and Auditing Clerk jobs in Maryland's nonmetropolitan areas is very similar to the national average, indicating a balanced job market.
How does the cost of living impact the $50,400 salary?
With a cost of living index of 100, the $50,400 salary offers purchasing power equivalent to the national average, meaning expenses for housing, goods, and services are neither significantly cheaper nor more expensive than elsewhere in the country.
Are there many job openings for Bookkeeping, Accounting, and Auditing Clerks in this region?
With 9.515 jobs per 1,000 workers, there is a steady presence of these roles, suggesting consistent opportunities for qualified individuals in Maryland's nonmetropolitan areas.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,070 employees in the Maryland nonmetropolitan area area with a job density of 9.515 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 Maryland nonmetropolitan area