Average Bookkeeping, Accounting, and Auditing Clerks Salary in McAllen-Edinburg-Mission, TX
In McAllen-Edinburg-Mission, TX, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $41,200. This figure is notably below the national average of $51,940, suggesting that local economic factors and market demand play a significant role in compensation within this region.
Executive Summary
- Average Salary: $41,200 per year.
- Growth Trend: Salaries have shifted 18.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $58,130.
- Outlook: With a local workforce of approximately 2,200 individuals in this sector and a Location Quotient of 0.8, the job market for Bookkeeping, Accounting, and Auditing Clerks in McAllen-Edinburg-Mission, TX, indicates a slightly lower concentration compared to the national average. While not indicating a shortage, this suggests a stable, albeit not booming, demand for these essential financial roles within the local economy.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in McAllen-Edinburg-Mission, TX earns-20.7%below the national average.
$19.8
$792
$3,433
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for McAllen is not provided, it is generally assumed that the salaries for Bookkeeping, Accounting, and Auditing Clerks nationwide have seen a steady upward trend over the past four years, driven by inflation, increased demand for financial services, and evolving regulatory landscapes. This national trend likely influences local compensation, even if regional economic conditions moderate the pace of growth.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in McAllen-Edinburg-Mission, TX
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 with specialized skills and extensive experience can command salaries well above the average. The percentile gaps in salary distributions clearly signify the opportunities for career advancement and increased earning potential within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $25,490 | $12.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $30,900 | $14.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $40,560 | $19.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $51,500 | $24.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $58,130 | $27.9 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$41,200
Gross Pay
Real Wage (Purchasing Power)
$41,200
Adjusted for COL (100)
The average annual salary of $41,200 in McAllen-Edinburg-Mission, TX, aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary locally is equivalent to the national average, offering a balanced financial standing for residents.
Job Market Context
2,200
Total Jobs
7.58
Per 1K Jobs
0.8
Location Quotient
McAllen-Edinburg-Mission, TX has 0.80x 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.
A Location Quotient of 0.8 for Bookkeeping, Accounting, and Auditing Clerks in McAllen-Edinburg-Mission, TX, indicates that this profession is slightly less concentrated in the area compared to the national average. This suggests a moderately competitive job market where demand is present but not overwhelmingly high, offering a reasonable number of opportunities for qualified professionals.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Brownsville-Harlingen, TX Bookkeeping, Accounting, and Auditing Clerks Salary | $40,870↓ 1% | 51 mi |
Comparing salaries near McAllen-Edinburg-Mission, TX
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in McAllen-Edinburg-Mission, TX?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in McAllen-Edinburg-Mission, TX is $41,200. This typically ranges from $25,490 for entry-level positions to $58,130 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in McAllen-Edinburg-Mission, TX is 20.7% lower than the national median of $51,940.
Is McAllen-Edinburg-Mission, TX a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not particularly lucrative compared to national standards.The average salary of $41,200 is significantly lower than the national average, although the cost of living is on par, meaning purchasing power is similar.
Is McAllen-Edinburg-Mission, TX a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in McAllen-Edinburg-Mission, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near McAllen-Edinburg-Mission, TX?
Some top paying nearby cities include Brownsville-Harlingen, TX ($40,870) and others.
What is the average salary for Bookkeeping, Accounting, and Auditing Clerks in McAllen, TX?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in McAllen-Edinburg-Mission, TX, is $41,200.
How does the McAllen salary compare to the national average?
The average salary in McAllen ($41,200) is lower than the national average ($51,940).
What is the Cost of Living in McAllen, TX?
The Cost of Living Index in McAllen-Edinburg-Mission, TX, is 100, which is the same as the national average.
How concentrated are Bookkeeping, Accounting, and Auditing Clerk jobs in McAllen?
The concentration, measured by Location Quotient, is 0.8, indicating slightly less concentration than the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,200 employees in the McAllen-Edinburg-Mission, TX area with a job density of 7.58 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 McAllen-Edinburg-Mission, TX