Average Bookkeeping, Accounting, and Auditing Clerks Salary in Missouri
In Missouri, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $51,050. This figure is slightly below the national average of $51,940, reflecting a nuanced interplay of local economic factors and industry demand within the state. While the nominal pay is close to the national benchmark, understanding the cost of living is crucial for assessing its true value.
Executive Summary
- Average Salary: $51,050 per year.
- Growth Trend: Salaries have shifted 23.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $69,850.
- Outlook: With a substantial local workforce of 22,700 individuals in this field, Missouri demonstrates a significant presence for bookkeeping, accounting, and auditing clerks. The location quotient of 0.82 suggests a concentration slightly below the national average, indicating a stable but not overly saturated market. The rate of 7.779 jobs per 1,000 workers further underscores the consistent demand for these essential financial roles across the state.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Missouri earns-1.7%below the national average.
$24.6
$982
$4,254
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in Missouri have experienced growth over the past four years, mirroring national trends. Economic shifts, inflation, and evolving industry needs typically drive incremental salary increases, ensuring that compensation remains competitive within the state's economic landscape.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Missouri
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Missouri typically involves a salary increase with experience. Entry-level positions might start at the lower end of the pay scale, while senior clerks with specialized skills and extensive experience can command significantly higher salaries, potentially reaching the upper percentiles. These percentile gaps are a clear indicator of the career ladder and the rewards associated with advancing expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $34,320 | $16.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $38,288 | $18.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,990 | $22.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $63,813 | $30.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $69,850 | $33.6 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$51,050
Gross Pay
Real Wage (Purchasing Power)
$57,749
Adjusted for COL (88.4)
The average annual salary of $51,050 in Missouri presents a favorable financial standing when considered against the state's Cost of Living Index of 88.4. This index is notably below the national average of 100, meaning that the purchasing power of the salary is enhanced. Residents can expect their earnings to go further in Missouri compared to more expensive regions, making the nominal salary more attractive in real terms.
Job Market Context
22,700
Total Jobs
7.779
Per 1K Jobs
0.82
Location Quotient
Missouri has 0.82x 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.
Missouri's location quotient of 0.82 for Bookkeeping, Accounting, and Auditing Clerks indicates a job market that is slightly less concentrated than the national average. This suggests that while the profession is well-established, there isn't an overabundance of these roles relative to the national distribution. This equilibrium can translate into a moderately competitive job market, offering opportunities without extreme saturation.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Jefferson City, MO Bookkeeping, Accounting, and Auditing Clerks Salary | $43,960↓ 14% | 10 mi |
| Columbia, MO Bookkeeping, Accounting, and Auditing Clerks Salary | $48,990↓ 4% | 34 mi |
Comparing salaries near Missouri
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Missouri?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Missouri is $51,050. This typically ranges from $34,320 for entry-level positions to $69,850 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Missouri is 1.7% lower than the national median of $51,940.
Is Missouri a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, with a strong cost of living advantage.While the average salary is slightly below the national average, Missouri's lower cost of living significantly boosts the purchasing power of these earnings. The stable job market also provides consistent opportunities.
Is Missouri a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
With a Cost of Living Index of 88.4 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Missouri?
Some top paying nearby cities include Jefferson City, MO ($43,960) and Columbia, MO.
How does Missouri's average salary for this role compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Missouri is $51,050, which is slightly lower than the national average of $51,940.
What is the cost of living in Missouri compared to the rest of the US?
Missouri has a Cost of Living Index of 88.4, which is below the national average of 100, indicating that goods and services are generally more affordable in the state.
How many Bookkeeping, Accounting, and Auditing Clerks are there in Missouri?
There are approximately 22,700 Bookkeeping, Accounting, and Auditing Clerks employed in Missouri.
Is the job market for these clerks competitive in Missouri?
With a location quotient of 0.82, the market is slightly less concentrated than the national average, suggesting a balanced and moderately competitive environment for these professionals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 22,700 employees in the Missouri area with a job density of 7.779 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 Missouri