In the North Arkansas nonmetropolitan area, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $41,700. This figure is notably below the national average of $51,940, reflecting regional economic factors and the specific demand dynamics within this locale. The lower average pay is often influenced by the cost of living and the overall economic structure of nonmetropolitan regions.
Executive Summary
- Average Salary: $41,700 per year.
- Growth Trend: Salaries have shifted 25.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $56,240.
- Outlook: With a local workforce of 1,090 individuals in this role and a Location Quotient of 0.97, the job market for Bookkeeping, Accounting, and Auditing Clerks in North Arkansas is stable and closely mirrors national concentration levels. The presence of 9.153 jobs per 1,000 workers indicates a consistent, albeit not exceptionally high, demand for these essential financial services professionals within the region.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in North Arkansas nonmetropolitan area earns-19.7%below the national average.
$20.1
$802
$3,475
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for this precise nonmetropolitan area isn't provided, it's reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in North Arkansas have experienced gradual growth over the past four years, aligning with broader economic trends and inflation. This upward trajectory is typical as businesses adapt to evolving market conditions and seek to retain skilled financial personnel.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in North Arkansas nonmetropolitan area
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a significant salary increase with experience. Entry-level positions often represent the lower end of the pay scale, while senior clerks with specialized skills and extensive experience can command substantially higher salaries. The percentile gaps in earnings clearly signify the value placed on accumulated knowledge and responsibility within the profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $26,560 | $12.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $31,275 | $15 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $37,680 | $18.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $52,125 | $25.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $56,240 | $27 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$41,700
Gross Pay
Real Wage (Purchasing Power)
$41,700
Adjusted for COL (100)
The average annual salary of $41,700 in North Arkansas aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a Bookkeeping, Accounting, and Auditing Clerk's salary in this region is comparable to that of their national counterparts, despite the lower nominal wage.
Job Market Context
1,090
Total Jobs
9.153
Per 1K Jobs
0.97
Location Quotient
North Arkansas nonmetropolitan area has 0.97x 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.
A Location Quotient of 0.97 suggests that the concentration of Bookkeeping, Accounting, and Auditing Clerks in the North Arkansas nonmetropolitan area is very close to the national average. This indicates a balanced job market where the supply of these professionals is generally in line with the demand, without significant oversupply or undersupply.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Little Rock-North Little Rock-Conway, AR Bookkeeping, Accounting, and Auditing Clerks Salary | $46,880↑ 12% | 17 mi |
| Hot Springs, AR Bookkeeping, Accounting, and Auditing Clerks Salary | $40,680↓ 2% | 51 mi |
Comparing salaries near North Arkansas nonmetropolitan area
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in North Arkansas nonmetropolitan area?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in North Arkansas nonmetropolitan area is $41,700. This typically ranges from $26,560 for entry-level positions to $56,240 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in North Arkansas nonmetropolitan area is 19.7% lower than the national median of $51,940.
Is North Arkansas nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not particularly lucrative compared to national standards.The average salary of $41,700 is significantly lower than the national average of $51,940, indicating less lucrative earning potential in this specific region.
Is North Arkansas nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in North Arkansas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near North Arkansas nonmetropolitan area?
Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($46,880) and Hot Springs, AR.
How does the local job market compare to the national average for this role?
The local job market in North Arkansas is very similar to the national average in terms of concentration, with a Location Quotient of 0.97, suggesting a balanced supply and demand for Bookkeeping, Accounting, and Auditing Clerks.
What is the impact of the Cost of Living Index on salaries in North Arkansas?
With a Cost of Living Index of 100, the nominal salary of $41,700 offers purchasing power equivalent to the national average, meaning the lower salary is offset by lower living expenses.
How many Bookkeeping, Accounting, and Auditing Clerks are employed in North Arkansas?
There are approximately 1,090 Bookkeeping, Accounting, and Auditing Clerks employed in the North Arkansas nonmetropolitan area.
Does experience significantly affect salary for Bookkeeping, Accounting, and Auditing Clerks in this area?
Yes, as with most roles, experience is a key factor in salary progression, with senior clerks earning considerably more than entry-level professionals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,090 employees in the North Arkansas nonmetropolitan area area with a job density of 9.153 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Bookkeeping, Accounting, and Auditing Clerks • Data source: BLS OEWS 2024 •Jobs in North Arkansas nonmetropolitan area