Average Bookkeeping, Accounting, and Auditing Clerks Salary in Mississippi
In Mississippi, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $42,860. This figure is notably below the national average of $51,940, reflecting regional economic factors and the overall compensation landscape within the state. The lower average salary is often influenced by the state's cost of living and the prevailing wage scales for administrative support roles.
Executive Summary
- Average Salary: $42,860 per year.
- Growth Trend: Salaries have shifted 9.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $61,490.
- Outlook: With a local workforce of 11,430 individuals in this sector, Mississippi demonstrates a stable presence for Bookkeeping, Accounting, and Auditing Clerks. The Location Quotient of 1.04 suggests a concentration of these roles that is slightly above the national average, indicating a steady demand and a robust job market for professionals in this field within the state.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Mississippi earns-17.5%below the national average.
$20.6
$824
$3,572
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in Mississippi have experienced gradual growth over the past four years, mirroring national trends. Economic development and increased demand for financial record-keeping services likely contribute to a steady upward trajectory in compensation, albeit potentially at a slower pace than in higher-cost regions.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Mississippi
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Mississippi typically involves salary increases with experience. Entry-level positions may start at the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in earnings highlight the potential for substantial career advancement and increased earning capacity as professionals move up the ladder.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $26,870 | $12.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $32,145 | $15.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $40,070 | $19.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $53,575 | $25.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $61,490 | $29.6 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$42,860
Gross Pay
Real Wage (Purchasing Power)
$49,435
Adjusted for COL (86.7)
The average annual salary of $42,860 in Mississippi presents a favorable financial situation when considered against the state's Cost of Living Index of 86.7. This index, which is below the national average of 100, means that the purchasing power of this salary is effectively enhanced, allowing residents to afford more goods and services compared to living in areas with a higher cost of living.
Job Market Context
11,430
Total Jobs
9.859
Per 1K Jobs
1.04
Location Quotient
With a location quotient of 1.04, Mississippi has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
Mississippi's Location Quotient of 1.04 for Bookkeeping, Accounting, and Auditing Clerks indicates a job market that is slightly more concentrated than the national average. This suggests a healthy and competitive environment where the number of available positions is well-aligned with the number of professionals, offering good opportunities for those seeking employment in this field.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Jackson, MS Bookkeeping, Accounting, and Auditing Clerks Salary | $45,290↑ 6% | 43 mi |
Comparing salaries near Mississippi
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Mississippi?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Mississippi is $42,860. This typically ranges from $26,870 for entry-level positions to $61,490 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Mississippi is 17.5% lower than the national median of $51,940.
Is Mississippi a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not in terms of nominal salary compared to the national average.While the nominal salary of $42,860 is below the national average, the lower cost of living in Mississippi ($86.7 vs. 100) can make the effective purchasing power more competitive.
Is Mississippi a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
With a Cost of Living Index of 86.7 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Mississippi?
Some top paying nearby cities include Jackson, MS ($45,290) and others.
How does Mississippi's average salary compare to the national average for this role?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Mississippi is $42,860, which is lower than the national average of $51,940.
What is the concentration of Bookkeeping, Accounting, and Auditing Clerk jobs in Mississippi?
Mississippi has a Location Quotient of 1.04 for these roles, indicating a slightly higher concentration compared to the national average.
How does the cost of living in Mississippi affect the salary for these clerks?
With a Cost of Living Index of 86.7, Mississippi's lower cost of living means that the $42,860 salary can offer a better purchasing power than it might in higher-cost states.
What is the total workforce size for Bookkeeping, Accounting, and Auditing Clerks in Mississippi?
There are approximately 11,430 Bookkeeping, Accounting, and Auditing Clerks employed in Mississippi.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 11,430 employees in the Mississippi area with a job density of 9.859 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 Mississippi