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Average Bookkeeping, Accounting, and Auditing Clerks Salary in New Hampshire

Bookkeeping, Accounting, and Auditing Clerks in New Hampshire earn an average annual salary of $52,070, slightly surpassing the national average of $51,940. This marginal advantage is often influenced by the state's economic landscape and the specific demands within its financial sectors, reflecting a stable, albeit slightly elevated, compensation environment for these essential roles.

Executive Summary

  • Average Salary: $52,070 per year.
  • Growth Trend: Salaries have shifted 20.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $70,100.
  • Outlook: With a local workforce of 7,620 individuals in this sector, New Hampshire demonstrates a solid presence of accounting and bookkeeping professionals. The Location Quotient of 1.18 indicates a concentration of these roles that is 18% higher than the national average, suggesting a robust and potentially growing demand for skilled clerks within the state's economy.
2024 Market Data

Salary Overview

$52,070

The average Bookkeeping, Accounting, and Auditing Clerks in New Hampshire earns+0.3%above the national average.

BreakdownBased on 40h/week
Hourly

$25

Weekly

$1,001

Monthly

$4,339

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in New Hampshire

Career progression for Bookkeeping, Accounting, and Auditing Clerks in New Hampshire typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior clerks with specialized skills and extensive experience can command salaries in the upper percentiles, reflecting a clear career ladder and the value placed on expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,000$16.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$39,053$18.8
ManagerOversees team, compliance, and project delivery.50% (Median)$50,410$24.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$65,088$31.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$70,100$33.7

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$52,070

Gross Pay

Real Wage (Purchasing Power)

$45,043

Adjusted for COL (115.6)

The nominal average salary of $52,070 in New Hampshire needs to be considered alongside its Cost of Living Index of 115.6. This index, which is 15.6% above the national average, suggests that while the salary is slightly higher than the national average, the increased cost of living may offset some of that advantage, requiring careful budgeting for residents.

Job Market Context

7,620

Total Jobs

11.161

Per 1K Jobs

1.18

Location Quotient

Above Average

With a location quotient of 1.18, New Hampshire has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

A Location Quotient of 1.18 signifies that New Hampshire has a higher concentration of Bookkeeping, Accounting, and Auditing Clerk positions relative to its overall workforce compared to the national average. This suggests a healthy job market with potentially more opportunities and a slightly more competitive environment for employers seeking talent in this field.

Nearby Job Markets

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in New Hampshire?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in New Hampshire is $52,070. This typically ranges from $35,000 for entry-level positions to $70,100 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Hampshire is 0.3% higher than the national median of $51,940.

Is New Hampshire a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

Yes, with caveats.The average salary slightly exceeds the national average, and the job concentration is higher than the national average. However, the cost of living is also notably above the national average, which impacts the real value of the salary.

Is New Hampshire a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in New Hampshire is 115.6. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New Hampshire?

Some top paying nearby cities include Manchester-Nashua, NH ($52,840) and Portland-South Portland, ME.

What is the average salary for Bookkeeping, Accounting, and Auditing Clerks in New Hampshire?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in New Hampshire is $52,070.

How does New Hampshire's salary compare to the national average?

New Hampshire's average salary of $52,070 is slightly higher than the national average of $51,940.

Is the job market for these clerks strong in New Hampshire?

Yes, the Location Quotient of 1.18 indicates a higher concentration of these jobs in New Hampshire compared to the national average, suggesting a robust market.

How does the cost of living in New Hampshire affect the salary?

New Hampshire's Cost of Living Index is 115.6, meaning it's 15.6% more expensive than the national average. This higher cost of living can diminish the purchasing power of the slightly above-average salary.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,620 employees in the New Hampshire area with a job density of 11.161 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.