Average Bookkeeping, Accounting, and Auditing Clerks Salary in Monroe, LA
In Monroe, LA, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $45,050. This figure is below the national average of $51,940, reflecting localized economic conditions and demand specific to the Monroe area. Factors such as the regional business landscape and the overall cost of doing business in Louisiana contribute to this salary differential.
Executive Summary
- Average Salary: $45,050 per year.
- Growth Trend: Salaries have shifted 17.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $62,620.
- Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in Monroe, LA, appears stable, with a total local workforce of 910 individuals in this role. The Location Quotient of 1.1 suggests a slightly higher concentration of these professionals compared to the national average, indicating a steady, albeit not overwhelmingly robust, demand within the local economy.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Monroe, LA earns-13.3%below the national average.
$21.7
$866
$3,754
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Monroe is not provided, it is generally assumed that salaries for Bookkeeping, Accounting, and Auditing Clerks nationwide have experienced modest growth over the past four years, driven by inflation and evolving business needs. This trend likely extends to Monroe, LA, with potential for incremental salary increases reflecting broader economic shifts and the persistent need for these essential financial roles.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Monroe, LA
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Monroe, LA, is typically marked by increasing salary levels. Entry-level positions may start closer to the lower percentiles, while senior clerks with extensive experience and specialized skills can command salaries significantly higher, potentially reaching into the upper percentiles. The gap between entry-level and senior roles signifies substantial opportunities for career advancement and earning potential growth.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $28,330 | $13.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $33,788 | $16.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $41,850 | $20.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $56,313 | $27.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $62,620 | $30.1 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$45,050
Gross Pay
Real Wage (Purchasing Power)
$45,050
Adjusted for COL (100)
The average annual salary of $45,050 in Monroe, LA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Bookkeeping, Accounting, and Auditing Clerk's salary in Monroe is equivalent to the national average, offering a stable financial standing relative to the rest of the country.
Job Market Context
910
Total Jobs
10.401
Per 1K Jobs
1.1
Location Quotient
With a location quotient of 1.10, Monroe, LA has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
With a Location Quotient of 1.1, Monroe, LA, shows a slightly higher concentration of Bookkeeping, Accounting, and Auditing Clerks than the national average. This suggests a healthy, established market for these professionals, indicating that while the demand is present and slightly more concentrated than elsewhere, the market is not oversaturated, offering reasonable opportunities for qualified individuals.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
Comparing salaries near Monroe, LA
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Monroe, LA?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Monroe, LA is $45,050. This typically ranges from $28,330 for entry-level positions to $62,620 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Monroe, LA is 13.3% lower than the national median of $51,940.
Is Monroe, LA a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not exceptionally lucrative compared to the national average.While the salary of $45,050 is at the national average for cost of living, it falls below the national average salary for the profession. This indicates that while your earnings will be stable locally, they may not reach the higher earning potential seen in other regions.
Is Monroe, LA a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Monroe, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Monroe, LA?
Some top paying nearby cities include Alexandria, LA ($43,690) and Southwest Louisiana nonmetropolitan area.
How does the Monroe, LA salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Monroe, LA, is $45,050, which is approximately $6,890 less than the national average of $51,940.
What is the concentration of Bookkeeping, Accounting, and Auditing Clerks in Monroe, LA?
Monroe, LA has a Location Quotient of 1.1 for these roles, indicating a slightly higher concentration of these professionals compared to the national average.
How does the cost of living in Monroe, LA affect salary perception?
The cost of living in Monroe, LA, is exactly at the national average (100). This means the $45,050 salary has the same purchasing power as the national average salary, making it a stable, though not high-paying, financial environment.
What is the total number of Bookkeeping, Accounting, and Auditing Clerks in Monroe, LA?
There are approximately 910 Bookkeeping, Accounting, and Auditing Clerks employed in Monroe, LA.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 910 employees in the Monroe, LA area with a job density of 10.401 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 Monroe, LA