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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Morgantown, WV

In Morgantown, WV, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $42,340. This figure is notably below the national average of $51,940, reflecting regional economic factors and the specific demand within the local market. The cost of living in Morgantown aligns with the national average, suggesting that while nominal wages are lower, purchasing power may be relatively stable.

Executive Summary

  • Average Salary: $42,340 per year.
  • Growth Trend: Salaries have shifted 3.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $56,110.
  • Outlook: The local market for Bookkeeping, Accounting, and Auditing Clerks in Morgantown, WV, supports a workforce of approximately 650 individuals. With a Location Quotient of 1.03, the concentration of these roles is slightly above the national average, indicating a stable, albeit not exceptionally high, demand for these professionals within the region. The presence of nearly 10 jobs per 1,000 workers further underscores the consistent need for these essential financial support roles.
2024 Market Data

Salary Overview

$42,340

The average Bookkeeping, Accounting, and Auditing Clerks in Morgantown, WV earns-18.5%below the national average.

BreakdownBased on 40h/week
Hourly

$20.4

Weekly

$814

Monthly

$3,528

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Morgantown, WV

Career progression for Bookkeeping, Accounting, and Auditing Clerks in Morgantown 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 specialized skills and extensive experience can command salaries considerably higher than the average. The percentile gaps in earnings signify clear opportunities for career advancement and increased earning potential as professionals develop their expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$28,930$13.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,755$15.3
ManagerOversees team, compliance, and project delivery.50% (Median)$42,490$20.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$52,925$25.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$56,110$27

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$42,340

Gross Pay

Real Wage (Purchasing Power)

$42,340

Adjusted for COL (100)

The average annual salary of $42,340 for Bookkeeping, Accounting, and Auditing Clerks in Morgantown, WV, is directly comparable to the national average cost of living (index of 100). This means that the nominal income earned locally holds purchasing power equivalent to the national average. While the salary is lower than the national average for the role, the stable cost of living suggests that the real value of this income is not significantly diminished.

Job Market Context

650

Total Jobs

9.718

Per 1K Jobs

1.03

Location Quotient

Above Average

With a location quotient of 1.03, Morgantown, WV has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

Morgantown, WV, exhibits a Location Quotient of 1.03 for Bookkeeping, Accounting, and Auditing Clerks, indicating a job market concentration that is very close to the national average. This suggests that the demand for these professionals is neither exceptionally high nor particularly low relative to other occupations in the area. The market can be considered moderately competitive, with a steady, consistent need for skilled individuals in these roles.

Nearby Job Markets

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Morgantown, WV?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Morgantown, WV is $42,340. This typically ranges from $28,930 for entry-level positions to $56,110 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Morgantown, WV is 18.5% lower than the national median of $51,940.

Is Morgantown, WV a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

No, not exceptionally lucrative compared to national averages.The average salary of $42,340 is below the national average of $51,940, although the cost of living is on par with the national average.

Is Morgantown, WV a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in Morgantown, WV is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Morgantown, WV?

Some top paying nearby cities include Wheeling, WV-OH ($41,850) and Pittsburgh, PA.

How does Morgantown's cost of living affect the salary for clerks?

Morgantown's cost of living index is 100, which is the national average. This means the $42,340 salary has purchasing power equivalent to the national average, mitigating the impact of the lower nominal wage.

Is there high demand for bookkeeping clerks in Morgantown?

The Location Quotient of 1.03 suggests a demand that is slightly above the national average, indicating a stable but not booming market for these professionals.

What is the total number of bookkeeping clerks in Morgantown?

There are approximately 650 Bookkeeping, Accounting, and Auditing Clerks employed in Morgantown, WV.

Can experience significantly increase a clerk's salary in Morgantown?

Yes, career progression typically leads to higher salaries, with senior roles commanding significantly more than the entry-level positions, reflecting increased responsibility and expertise.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 650 employees in the Morgantown, WV area with a job density of 9.718 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.