Average Bookkeeping, Accounting, and Auditing Clerks Salary in Mayaguez, PR
In Mayaguez, Puerto Rico, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $24,660. This figure is significantly lower than the national average of $51,940, reflecting regional economic factors and the specific demand within the local market. The cost of living in Mayaguez aligns with the national average, suggesting that while nominal wages are lower, purchasing power may be relatively stable.
Executive Summary
- Average Salary: $24,660 per year.
- Growth Trend: Salaries have shifted 18.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $32,350.
- Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in Mayaguez, PR, shows a modest presence with a total local workforce of 260 individuals. The Location Quotient of 0.53 indicates that this profession is less concentrated in Mayaguez compared to the national average, suggesting a potentially less competitive but also less robust demand for these roles within the immediate area.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Mayaguez, PR earns-52.5%below the national average.
$11.9
$474
$2,055
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Mayaguez is not provided, it is generally assumed that salaries for bookkeeping, accounting, and auditing clerks have seen incremental growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for financial services, and the need for skilled professionals to manage complex financial operations.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Mayaguez, PR
Salary progression for Bookkeeping, Accounting, and Auditing Clerks in Mayaguez, as elsewhere, is strongly tied to experience and specialization. Entry-level positions typically command lower salaries, while senior clerks with extensive experience, specialized certifications, or supervisory responsibilities can expect significantly higher compensation. The percentile gaps in earnings clearly signify the career advancement opportunities available within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $19,760 | $9.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $18,495 | $8.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $22,920 | $11 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $30,825 | $14.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $32,350 | $15.6 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$24,660
Gross Pay
Real Wage (Purchasing Power)
$24,660
Adjusted for COL (100)
The nominal average salary of $24,660 in Mayaguez, PR, is directly comparable to the local Cost of Living Index of 100, which represents the national average. This alignment suggests that while the take-home pay is lower than the national average for this role, the cost of essential goods and services in Mayaguez is also at par with the national benchmark, potentially balancing out the lower salary in terms of real purchasing power.
Job Market Context
260
Total Jobs
5.041
Per 1K Jobs
0.53
Location Quotient
Mayaguez, PR has 0.53x 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 0.53, the market for Bookkeeping, Accounting, and Auditing Clerks in Mayaguez is less concentrated than the national average. This indicates that while there are dedicated professionals in this field, the overall demand or prevalence of these roles is lower compared to other regions. This could translate to fewer job openings but potentially less competition for available positions.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Aguadilla, PR Bookkeeping, Accounting, and Auditing Clerks Salary | $24,250↓ 2% | 16 mi |
| Arecibo, PR Bookkeeping, Accounting, and Auditing Clerks Salary | $24,800↑ 1% | 29 mi |
| Puerto Rico nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary | $24,770↑ 0% | 33 mi |
| Ponce, PR Bookkeeping, Accounting, and Auditing Clerks Salary | $25,700↑ 4% | 34 mi |
| Guayama, PR Bookkeeping, Accounting, and Auditing Clerks Salary | $25,180↑ 2% | 67 mi |
Comparing salaries near Mayaguez, PR
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Mayaguez, PR?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Mayaguez, PR is $24,660. This typically ranges from $19,760 for entry-level positions to $32,350 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Mayaguez, PR is 52.5% lower than the national median of $51,940.
Is Mayaguez, PR a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, Mayaguez, PR is not a particularly lucrative place for these roles based on average salary.The average annual salary of $24,660 is substantially below the national average, even though the cost of living is comparable. This suggests lower earning potential in this specific location for this profession.
Is Mayaguez, PR a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Mayaguez, PR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Mayaguez, PR?
Some top paying nearby cities include Aguadilla, PR ($24,250) and Arecibo, PR.
How does the Mayaguez salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Mayaguez, PR, is $24,660, which is less than half of the national average of $51,940.
What is the significance of the Location Quotient in Mayaguez?
A Location Quotient of 0.53 means that the concentration of Bookkeeping, Accounting, and Auditing Clerks in Mayaguez is about half of the national average, indicating a less prevalent job market for this role.
Does the cost of living in Mayaguez affect the salary perception?
Yes, the Cost of Living Index in Mayaguez is 100 (national average), meaning that despite the lower salary, the purchasing power might be relatively stable compared to higher-cost areas.
How many Bookkeeping, Accounting, and Auditing Clerk jobs are there in Mayaguez?
There are approximately 5.041 jobs per 1,000 workers in Mayaguez, PR, for Bookkeeping, Accounting, and Auditing Clerks, with a total local workforce of 260 in this profession.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Mayaguez, PR area with a job density of 5.041 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 Mayaguez, PR