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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Massachusetts nonmetropolitan area

Bookkeeping, Accounting, and Auditing Clerks in Massachusetts' nonmetropolitan areas earn an average annual salary of $57,890. This figure significantly surpasses the national average of $51,940, indicating a premium for these roles outside major urban centers. The localized demand and specific economic factors within these regions contribute to this elevated compensation.

Executive Summary

  • Average Salary: $57,890 per year.
  • Growth Trend: Salaries have shifted 22.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $77,520.
  • Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in Massachusetts' nonmetropolitan areas appears robust, supported by a local workforce of 450 professionals. The Location Quotient of 1.18 suggests a slightly higher concentration of these roles compared to the national average, implying a steady demand that aligns with or slightly exceeds the typical distribution across the country.
2024 Market Data

Salary Overview

$57,890

The average Bookkeeping, Accounting, and Auditing Clerks in Massachusetts nonmetropolitan area earns+11.5%above the national average.

BreakdownBased on 40h/week
Hourly

$27.8

Weekly

$1,113

Monthly

$4,824

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Massachusetts nonmetropolitan area

Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a salary increase with experience. Entry-level positions might command salaries closer to the lower percentiles, while senior clerks with extensive experience and specialized skills can expect compensation in the higher percentiles. The widening gap between these percentiles signifies the career advancement and increased earning potential available within this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$39,730$19.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$43,418$20.9
ManagerOversees team, compliance, and project delivery.50% (Median)$57,120$27.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$72,363$34.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$77,520$37.3

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$57,890

Gross Pay

Real Wage (Purchasing Power)

$57,890

Adjusted for COL (100)

The average annual salary of $57,890 in Massachusetts' nonmetropolitan areas aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, suggesting that while the nominal pay is higher, the cost of living does not inflate or deflate its real value significantly compared to other regions.

Job Market Context

450

Total Jobs

11.144

Per 1K Jobs

1.18

Location Quotient

Above Average

With a location quotient of 1.18, Massachusetts 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 1.18, Massachusetts' nonmetropolitan areas exhibit a slightly higher concentration of Bookkeeping, Accounting, and Auditing Clerk positions than the national average. This suggests a moderately competitive market where demand is present and potentially growing, offering good opportunities for skilled professionals without the intense competition often found in highly concentrated metropolitan areas.

Nearby Job Markets

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Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Massachusetts nonmetropolitan area?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Massachusetts nonmetropolitan area is $57,890. This typically ranges from $39,730 for entry-level positions to $77,520 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Massachusetts nonmetropolitan area is 11.5% higher than the national median of $51,940.

Is Massachusetts nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

Yes, it offers a lucrative environment for these professionals.The average salary of $57,890 is notably higher than the national average, and the cost of living is on par with the national average, indicating strong earning potential.

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

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

Where are the highest paying cities near Massachusetts nonmetropolitan area?

Some top paying nearby cities include Worcester, MA ($54,590) and Boston-Cambridge-Newton, MA-NH.

How does the total workforce size impact job prospects?

A local workforce of 450 indicates a stable, albeit not massive, pool of professionals, suggesting consistent demand for new talent to fill roles and replace departing workers.

What does a Location Quotient of 1.18 signify?

A Location Quotient of 1.18 means that Bookkeeping, Accounting, and Auditing Clerks are 18% more concentrated in this region than the national average, indicating a slightly higher demand relative to the general workforce.

How does the cost of living affect the salary?

With a Cost of Living Index of 100, the $57,890 salary has the same purchasing power as the national average salary of $51,940 would in a typical US location.

Are there many jobs per 1,000 workers for this role?

With 11.144 jobs per 1,000 workers, this role is well-represented in the nonmetropolitan Massachusetts labor market, suggesting ample opportunities.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 450 employees in the Massachusetts nonmetropolitan area area with a job density of 11.144 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.