Average Bookkeeping, Accounting, and Auditing Clerks Salary in Medford, OR
In Medford, OR, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $49,600. This figure is slightly below the national average of $51,940, indicating a localized compensation trend. Factors such as the regional economic landscape and the specific demand within the Medford area contribute to this pay differential.
Executive Summary
- Average Salary: $49,600 per year.
- Growth Trend: Salaries have shifted 16.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $65,750.
- Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in Medford, OR, appears robust, with a total local workforce of 1,220 individuals in this role. The Location Quotient of 1.46 signifies a higher concentration of these professionals compared to the national average, suggesting a stable and potentially growing demand for their services within the region.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Medford, OR earns-4.5%below the national average.
$23.9
$954
$4,133
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Medford is not provided, it is reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks have experienced a gradual upward trend over the past four years, mirroring national patterns of wage growth driven by inflation and increasing demand for financial expertise.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Medford, OR
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Medford, OR, typically involves a salary increase with experience. Entry-level positions might start at the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command significantly higher salaries, reflecting the distinct percentile gaps observed in compensation structures.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,760 | $17.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,200 | $17.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,540 | $22.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $62,000 | $29.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $65,750 | $31.6 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$49,600
Gross Pay
Real Wage (Purchasing Power)
$49,600
Adjusted for COL (100)
The average annual salary of $49,600 in Medford, OR, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Medford-based clerk's salary is equivalent to that of a clerk earning the national average, offering a stable financial standing relative to the cost of goods and services.
Job Market Context
1,220
Total Jobs
13.77
Per 1K Jobs
1.46
Location Quotient
With a location quotient of 1.46, Medford, OR has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
With a Location Quotient of 1.46, Medford, OR, demonstrates a notable concentration of Bookkeeping, Accounting, and Auditing Clerks relative to the national average. This suggests that the job market in Medford is more specialized in this field than the typical U.S. city, potentially offering more opportunities but also indicating a competitive environment for new entrants.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Grants Pass, OR Bookkeeping, Accounting, and Auditing Clerks Salary | $49,400↓ 0% | 25 mi |
Comparing salaries near Medford, OR
Hiring Bookkeeping, Accounting, and Auditing Clerkss?
Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Medford, OR?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Medford, OR is $49,600. This typically ranges from $35,760 for entry-level positions to $65,750 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Medford, OR is 4.5% lower than the national median of $51,940.
Is Medford, OR a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Moderately lucrative, with stable purchasing power.While the average salary is slightly below the national average, the cost of living is also at the national average, meaning your earnings hold their value. The strong concentration of these roles suggests consistent demand.
Is Medford, OR a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Medford, OR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Medford, OR?
Some top paying nearby cities include Grants Pass, OR ($49,400) and others.
How does Medford's salary compare to the national average for this role?
The average annual salary in Medford, OR, is $49,600, which is approximately 4.5% lower than the national average of $51,940.
What does the Location Quotient of 1.46 mean for job seekers?
A Location Quotient of 1.46 indicates that Bookkeeping, Accounting, and Auditing Clerks are more concentrated in Medford, OR, than the national average. This suggests a potentially stronger local market for these professionals.
How does the cost of living in Medford affect the salary?
Medford's Cost of Living Index is 100, which is the national average. This means that the $49,600 salary in Medford has the same purchasing power as the national average salary, despite being slightly lower nominally.
Is the job market for accounting clerks growing in Medford?
With a substantial local workforce and a Location Quotient above 1.0, the market shows signs of stability and demand, though specific growth trends would require more historical data.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,220 employees in the Medford, OR area with a job density of 13.77 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 Medford, OR