SalaryNode

Average Bookkeeping, Accounting, and Auditing Clerks Salary in Niles, MI

In Niles, MI, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $47,340. This figure is slightly below the national average of $51,940, a common occurrence in markets where local economic factors and industry demand shape compensation. The specific needs and financial landscape of the Niles area directly influence the pay scales for these essential financial roles.

Executive Summary

  • Average Salary: $47,340 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $62,460.
  • Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in Niles, MI, is moderately concentrated, with a Location Quotient of 0.87, indicating a presence close to the national average. The total local workforce of 490 professionals in this field, alongside 8.174 jobs per 1,000 workers, suggests a stable, albeit not exceptionally high, demand for these skills within the community.
2024 Market Data

Salary Overview

$47,340

The average Bookkeeping, Accounting, and Auditing Clerks in Niles, MI earns-8.9%below the national average.

BreakdownBased on 40h/week
Hourly

$22.8

Weekly

$910

Monthly

$3,945

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Niles, MI

Career progression for Bookkeeping, Accounting, and Auditing Clerks in Niles, MI, is typically marked by increasing salary levels. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries, often reaching into the upper percentiles. The salary gap between junior and senior roles highlights the value placed on accumulated expertise and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$32,880$15.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$35,505$17.1
ManagerOversees team, compliance, and project delivery.50% (Median)$45,770$22
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$59,175$28.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$62,460$30

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$47,340

Gross Pay

Real Wage (Purchasing Power)

$47,340

Adjusted for COL (100)

The nominal average salary of $47,340 in Niles, MI, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Bookkeeping, Accounting, and Auditing Clerk's salary in Niles is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.

Job Market Context

490

Total Jobs

8.174

Per 1K Jobs

0.87

Location Quotient

Below Average

Niles, MI has 0.87x 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 0.87, the market for Bookkeeping, Accounting, and Auditing Clerks in Niles, MI, is slightly less concentrated than the national average. This suggests that while the profession is present and valued, there may be fewer specialized roles or a slightly smaller pool of candidates compared to national hubs, potentially offering opportunities for skilled individuals to stand out.

Nearby Job Markets

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Niles, MI?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Niles, MI is $47,340. This typically ranges from $32,880 for entry-level positions to $62,460 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Niles, MI is 8.9% lower than the national median of $51,940.

Is Niles, MI a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

No, not exceptionally lucrative compared to the national average.The average salary of $47,340 is below the national average of $51,940, although the cost of living is on par with the national average.

Is Niles, MI a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

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

Where are the highest paying cities near Niles, MI?

Some top paying nearby cities include South Bend-Mishawaka, IN-MI ($47,270) and Elkhart-Goshen, IN.

How does the Niles, MI salary compare to the national average?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Niles, MI, is $47,340, which is approximately 8.8% lower than the national average of $51,940.

What is the cost of living in Niles, MI for these clerks?

The cost of living in Niles, MI, is exactly at the national average, indicated by an index of 100. This means that the purchasing power of the local salary is equivalent to the national average.

How concentrated is the job market for these clerks in Niles, MI?

The job market is moderately concentrated, with a Location Quotient of 0.87. This suggests that the presence of these roles in Niles is slightly below the national average concentration.

What does the total local workforce size indicate for this role in Niles, MI?

A local workforce of 490 individuals in this field indicates a stable and established presence of Bookkeeping, Accounting, and Auditing Clerks within Niles, MI, supporting consistent demand for their services.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 490 employees in the Niles, MI area with a job density of 8.174 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.