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

Bookkeeping, Accounting, and Auditing Clerks in New York earn an impressive average annual salary of $57,950, significantly exceeding the national average of $51,940. This higher compensation is largely driven by New York's robust economic landscape and the specialized financial services sector that demands skilled administrative support. The concentration of businesses and the higher cost of doing business in the state naturally translate to more competitive salary offerings for these essential roles.

Executive Summary

  • Average Salary: $57,950 per year.
  • Growth Trend: Salaries have shifted 18.2% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $80,130.
  • Outlook: With a substantial local workforce of 93,920 individuals in this field and a Location Quotient of 1.04, New York demonstrates a healthy and slightly above-average concentration of Bookkeeping, Accounting, and Auditing Clerks. This indicates a stable and potentially growing demand for these professionals, suggesting a robust job market where their skills are valued and consistently needed to support the state's diverse industries.
2024 Market Data

Salary Overview

$57,950

The average Bookkeeping, Accounting, and Auditing Clerks in New York earns+11.6%above the national average.

BreakdownBased on 40h/week
Hourly

$27.9

Weekly

$1,114

Monthly

$4,829

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

Salary progression for Bookkeeping, Accounting, and Auditing Clerks in New York is strongly tied to experience and specialization. Entry-level positions typically start at the lower end of the pay scale, while senior clerks with extensive experience, advanced certifications, or specialized knowledge in areas like forensic accounting or tax preparation can command significantly higher salaries. The percentile gaps in earnings clearly signify the career progression and increased earning potential available within this occupational field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,010$18.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$43,463$20.9
ManagerOversees team, compliance, and project delivery.50% (Median)$55,880$26.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$72,438$34.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$80,130$38.5

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$57,950

Gross Pay

Real Wage (Purchasing Power)

$46,323

Adjusted for COL (125.1)

While the average annual salary of $57,950 in New York is attractive, it's crucial to consider the local Cost of Living Index of 125.1. This index, which is 25.1% higher than the national average, means that the purchasing power of this salary is somewhat diminished compared to lower-cost states. Therefore, while the nominal salary is higher, the effective disposable income may be closer to, or even less than, what one might earn in a more affordable region with a lower salary.

Job Market Context

93,920

Total Jobs

9.843

Per 1K Jobs

1.04

Location Quotient

Above Average

With a location quotient of 1.04, New York has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

A Location Quotient of 1.04 indicates that Bookkeeping, Accounting, and Auditing Clerks are slightly more concentrated in New York than the national average. This suggests a competitive but not overly saturated market. The presence of a slightly higher concentration implies that businesses in New York recognize the importance of these roles and actively seek qualified candidates, making it a favorable environment for job seekers in this profession.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

CitySalaryDist.
Binghamton, NY Bookkeeping, Accounting, and Auditing Clerks Salary$49,780↓ 14%49 mi
Kingston, NY Bookkeeping, Accounting, and Auditing Clerks Salary$53,750↓ 7%51 mi
Scranton--Wilkes-Barre, PA Bookkeeping, Accounting, and Auditing Clerks Salary$47,820↓ 17%64 mi
Utica-Rome, NY Bookkeeping, Accounting, and Auditing Clerks Salary$49,100↓ 15%66 mi
Albany-Schenectady-Troy, NY Bookkeeping, Accounting, and Auditing Clerks Salary$53,410↓ 8%68 mi

Comparing salaries near New York

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Frequently Asked Questions

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

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in New York is $57,950. This typically ranges from $38,010 for entry-level positions to $80,130 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York is 11.6% higher than the national median of $51,940.

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

Yes, New York offers lucrative opportunities for Bookkeeping, Accounting, and Auditing Clerks.The average salary of $57,950 significantly surpasses the national average, reflecting the state's strong economy and demand for financial administrative roles.

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

The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New York?

Some top paying nearby cities include Binghamton, NY ($49,780) and Kingston, NY.

How does the New York salary compare to the national average?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in New York is $57,950, which is notably higher than the national average of $51,940.

What is the job market like for these clerks in New York?

New York has a robust job market for these clerks, with a total local workforce of 93,920 and a concentration (Location Quotient) slightly above the national average at 1.04.

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

With a Cost of Living Index of 125.1, New York's higher cost of living means that the $57,950 salary has less purchasing power than it would in a lower-cost state, despite being a higher nominal wage.

What factors contribute to the higher salaries in New York?

Higher salaries in New York are driven by the state's strong economic activity, the presence of a large financial services sector, and the generally higher cost of doing business and living.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 93,920 employees in the New York area with a job density of 9.843 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 York