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Average Bookkeeping, Accounting, and Auditing Clerks Salary in New York-Newark-Jersey City, NY-NJ

In the bustling New York-Newark-Jersey City metropolitan area, Bookkeeping, Accounting, and Auditing Clerks earn an impressive average annual salary of $60,540. This figure significantly surpasses the national average of $51,940, reflecting the region's robust economic activity and higher demand for skilled financial professionals. The concentration of businesses and financial institutions in this key economic hub naturally drives up compensation for these essential roles.

Executive Summary

  • Average Salary: $60,540 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $81,490.
  • Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in the New York-Newark-Jersey City area appears stable and well-established. With a substantial local workforce of 87,860 individuals in this field and a Location Quotient of 0.99, the demand closely mirrors the national average, indicating a consistent need for these professionals. The presence of 9.383 jobs per 1,000 workers further underscores the steady employment opportunities available within this sector.
2024 Market Data

Salary Overview

$60,540

The average Bookkeeping, Accounting, and Auditing Clerks in New York-Newark-Jersey City, NY-NJ earns+16.6%above the national average.

BreakdownBased on 40h/week
Hourly

$29.1

Weekly

$1,164

Monthly

$5,045

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in New York-Newark-Jersey City, NY-NJ

Career progression for Bookkeeping, Accounting, and Auditing Clerks is closely tied to experience and skill acquisition. Entry-level positions typically command salaries at the lower end of the pay scale, while senior clerks with extensive experience and specialized knowledge can earn significantly more. The percentile gaps in salary distribution highlight clear opportunities for career advancement and increased earning potential as professionals move from junior to more advanced roles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$40,320$19.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$45,405$21.8
ManagerOversees team, compliance, and project delivery.50% (Median)$59,170$28.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$75,675$36.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$81,490$39.2

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$60,540

Gross Pay

Real Wage (Purchasing Power)

$60,540

Adjusted for COL (100)

The average annual salary of $60,540 for Bookkeeping, Accounting, and Auditing Clerks in New York-Newark-Jersey City aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the nominal salary is higher than the national average, the purchasing power of this income is comparable to the national standard, indicating that the increased earnings are offset by the cost of living in this high-demand region.

Job Market Context

87,860

Total Jobs

9.383

Per 1K Jobs

0.99

Location Quotient

Below Average

New York-Newark-Jersey City, NY-NJ has 0.99x the national average concentration of Bookkeeping, Accounting, and Auditing Clerks jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

With a Location Quotient of 0.99, the job market for Bookkeeping, Accounting, and Auditing Clerks in New York-Newark-Jersey City is neither significantly more nor less concentrated than the national average. This suggests a balanced market where demand and supply are relatively stable, indicating a competitive but accessible environment for both employers seeking talent and professionals seeking employment.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

CitySalaryDist.
Kiryas Joel-Poughkeepsie-Newburgh, NY Bookkeeping, Accounting, and Auditing Clerks Salary$54,870↓ 9%44 mi
Trenton-Princeton, NJ Bookkeeping, Accounting, and Auditing Clerks Salary$56,230↓ 7%52 mi
Bridgeport-Stamford-Danbury, CT Bookkeeping, Accounting, and Auditing Clerks Salary$61,300↑ 1%54 mi
New Haven, CT Bookkeeping, Accounting, and Auditing Clerks Salary$58,480↓ 3%70 mi
Waterbury-Shelton, CT Bookkeeping, Accounting, and Auditing Clerks Salary$56,090↓ 7%77 mi

Comparing salaries near New York-Newark-Jersey City, NY-NJ

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in New York-Newark-Jersey City, NY-NJ?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in New York-Newark-Jersey City, NY-NJ is $60,540. This typically ranges from $40,320 for entry-level positions to $81,490 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York-Newark-Jersey City, NY-NJ is 16.6% higher than the national median of $51,940.

Is New York-Newark-Jersey City, NY-NJ a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

Yes, it offers competitive compensation.The average salary of $60,540 is notably higher than the national average, providing strong earning potential. While the cost of living is at the national average, the higher nominal wage offers a good financial standing.

Is New York-Newark-Jersey City, NY-NJ a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in New York-Newark-Jersey City, NY-NJ is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New York-Newark-Jersey City, NY-NJ?

Some top paying nearby cities include Kiryas Joel-Poughkeepsie-Newburgh, NY ($54,870) and Trenton-Princeton, NJ.

How does the local workforce size impact job availability?

The substantial local workforce of 87,860 indicates a significant pool of professionals, suggesting a mature market with consistent demand for skilled individuals in bookkeeping, accounting, and auditing roles.

What does a Location Quotient of 0.99 mean for this role?

A Location Quotient of 0.99 signifies that the concentration of Bookkeeping, Accounting, and Auditing Clerks in this area is very close to the national average, implying a stable and predictable job market.

How does the Cost of Living Index affect the perceived salary?

With a Cost of Living Index of 100, the $60,540 salary has the same purchasing power as the national average salary of $51,940 would have nationally. This means the higher salary is balanced by the local expenses.

Are there many job opportunities for these clerks in the region?

The metric of 9.383 jobs per 1,000 workers suggests a healthy number of opportunities, indicating that employers are actively hiring for these essential financial support roles within the region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 87,860 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 9.383 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in New York-Newark-Jersey City, NY-NJ

Semantic Salary Analysis for Bookkeeping, Accounting, and Auditing Clerks • Data source: BLS OEWS 2024 •Jobs in New York-Newark-Jersey City, NY-NJ