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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Mid Michigan nonmetropolitan area

In the Mid Michigan nonmetropolitan area, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $46,510. This figure is notably below the national average of $51,940, reflecting the distinct economic landscape and compensation structures prevalent in nonmetropolitan regions. Factors such as local industry demand and the cost of doing business often influence these regional pay scales.

Executive Summary

  • Average Salary: $46,510 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $62,320.
  • Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in the Mid Michigan nonmetropolitan area appears stable, with a total local workforce of 1,540 individuals in this role. The location quotient of 1.07 suggests a concentration of these jobs that is slightly above the national average, indicating a steady, albeit not overwhelmingly robust, demand within the region.
2024 Market Data

Salary Overview

$46,510

The average Bookkeeping, Accounting, and Auditing Clerks in Mid Michigan nonmetropolitan area earns-10.5%below the national average.

BreakdownBased on 40h/week
Hourly

$22.4

Weekly

$894

Monthly

$3,876

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Mid Michigan nonmetropolitan area

Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command salaries well above the average. The percentile gaps in earnings clearly signify opportunities for substantial career and financial advancement within this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$34,460$16.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$34,883$16.8
ManagerOversees team, compliance, and project delivery.50% (Median)$44,810$21.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$58,138$28
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$62,320$30

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$46,510

Gross Pay

Real Wage (Purchasing Power)

$46,510

Adjusted for COL (100)

The nominal average annual salary of $46,510 in the Mid Michigan nonmetropolitan area aligns perfectly with the national average cost of living index of 100. This means that while the take-home pay is lower than the national average, the purchasing power of that salary is effectively equivalent to the national average, offering a balanced financial outlook for residents.

Job Market Context

1,540

Total Jobs

10.084

Per 1K Jobs

1.07

Location Quotient

Above Average

With a location quotient of 1.07, Mid Michigan 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 1.07, the Mid Michigan nonmetropolitan area exhibits a slightly higher concentration of Bookkeeping, Accounting, and Auditing Clerk positions compared to the national average. This suggests a moderately competitive market where the demand for these professionals is present and perhaps slightly more pronounced than in other nonmetropolitan areas, though not indicative of an oversaturated job pool.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

Comparing salaries near Mid Michigan nonmetropolitan area

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Frequently Asked Questions

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

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Mid Michigan nonmetropolitan area is $46,510. This typically ranges from $34,460 for entry-level positions to $62,320 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Mid Michigan nonmetropolitan area is 10.5% lower than the national median of $51,940.

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

No, not exceptionally lucrative compared to the national average.While the cost of living is on par with the national average, the average salary of $46,510 is below the national average of $51,940. The job market shows a slight concentration but not an overwhelming demand that would drive significantly higher wages.

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

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

Where are the highest paying cities near Mid Michigan nonmetropolitan area?

Some top paying nearby cities include Saginaw, MI ($45,950) and Bay City, MI.

How does the Mid Michigan salary compare to the national average?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in the Mid Michigan nonmetropolitan area is $46,510, which is lower than the national average of $51,940.

What is the cost of living in Mid Michigan nonmetropolitan area?

The cost of living index for the Mid Michigan nonmetropolitan area is 100, which is exactly the national average.

How concentrated are bookkeeping jobs in this region?

The location quotient of 1.07 indicates that bookkeeping, accounting, and auditing clerk jobs are slightly more concentrated in this region than the national average.

How many bookkeeping jobs are there per 1,000 workers in Mid Michigan?

There are approximately 10.084 bookkeeping, accounting, and auditing clerk jobs per 1,000 workers in the Mid Michigan nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,540 employees in the Mid Michigan nonmetropolitan area area with a job density of 10.084 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.