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

Bookkeeping, Accounting, and Auditing Clerks in New Jersey earn an average annual salary of $57,480, surpassing the national average of $51,940. This elevated compensation is often driven by the state's robust economic landscape and higher operational costs, which necessitate competitive pay to attract and retain skilled professionals in financial roles.

Executive Summary

  • Average Salary: $57,480 per year.
  • Growth Trend: Salaries have shifted 19.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $76,610.
  • Outlook: With a substantial local workforce of 40,560 individuals and a Location Quotient of 1.01, the job market for Bookkeeping, Accounting, and Auditing Clerks in New Jersey indicates a healthy and stable demand. The concentration is nearly on par with the national average, suggesting a well-established presence of these roles within the state's economy, without being overly saturated.
2024 Market Data

Salary Overview

$57,480

The average Bookkeeping, Accounting, and Auditing Clerks in New Jersey earns+10.7%above the national average.

BreakdownBased on 40h/week
Hourly

$27.6

Weekly

$1,105

Monthly

$4,790

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

Career progression for Bookkeeping, Accounting, and Auditing Clerks in New Jersey 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 years of experience can command salaries well into the higher percentiles, reflecting their increased value and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$39,260$18.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$43,110$20.7
ManagerOversees team, compliance, and project delivery.50% (Median)$56,730$27.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$71,850$34.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$76,610$36.8

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$57,480

Gross Pay

Real Wage (Purchasing Power)

$51,139

Adjusted for COL (112.4)

The average annual salary of $57,480 in New Jersey presents a moderate financial standing when considered against the state's Cost of Living Index of 112.4. While the salary is above the national average, the cost of living is also higher, meaning the purchasing power of this salary is somewhat tempered by the increased expenses associated with living in the Garden State.

Job Market Context

40,560

Total Jobs

9.542

Per 1K Jobs

1.01

Location Quotient

Above Average

With a location quotient of 1.01, New Jersey has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

A Location Quotient of 1.01 for Bookkeeping, Accounting, and Auditing Clerks in New Jersey signifies that the concentration of these jobs in the state is very close to the national average. This suggests a balanced job market where the demand for these professionals is consistent with national trends, offering a stable environment for job seekers and employers alike.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

CitySalaryDist.
Trenton-Princeton, NJ Bookkeeping, Accounting, and Auditing Clerks Salary$56,230↓ 2%14 mi
New York-Newark-Jersey City, NY-NJ Bookkeeping, Accounting, and Auditing Clerks Salary$60,540↑ 5%39 mi
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Bookkeeping, Accounting, and Auditing Clerks Salary$54,340↓ 5%42 mi
Allentown-Bethlehem-Easton, PA-NJ Bookkeeping, Accounting, and Auditing Clerks Salary$49,890↓ 13%54 mi
Vineland, NJ Bookkeeping, Accounting, and Auditing Clerks Salary$50,790↓ 12%63 mi

Comparing salaries near New Jersey

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

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

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in New Jersey is $57,480. This typically ranges from $39,260 for entry-level positions to $76,610 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Jersey is 10.7% higher than the national median of $51,940.

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

Yes, New Jersey offers a lucrative environment for these professionals.The average salary of $57,480 is notably higher than the national average, indicating strong earning potential. However, the higher cost of living means that while pay is good, expenses are also elevated.

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

The Cost of Living Index in New Jersey is 112.4. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New Jersey?

Some top paying nearby cities include Trenton-Princeton, NJ ($56,230) and New York-Newark-Jersey City, NY-NJ.

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

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in New Jersey is $57,480, which is approximately $5,540 higher than the national average of $51,940.

What is the total number of Bookkeeping, Accounting, and Auditing Clerks in New Jersey?

There are approximately 40,560 Bookkeeping, Accounting, and Auditing Clerks employed in New Jersey.

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

New Jersey's Cost of Living Index is 112.4, meaning it is 12.4% more expensive than the national average. This higher cost of living offsets some of the benefit of the higher average salary.

Is the job market for these clerks concentrated in New Jersey?

With a Location Quotient of 1.01, the concentration of Bookkeeping, Accounting, and Auditing Clerk jobs in New Jersey is very close to the national average, indicating a stable and typical market presence.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 40,560 employees in the New Jersey area with a job density of 9.542 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Bookkeeping, Accounting, and Auditing Clerks • Data source: BLS OEWS 2024 •Jobs in New Jersey