Bookkeeping, Accounting, and Auditing Clerks in the North Missouri nonmetropolitan area earn an average annual salary of $42,360. This figure is notably below the national average of $51,940, reflecting the economic dynamics and potentially lower demand for these specialized roles outside of major metropolitan hubs. The compensation is largely dictated by the regional economic landscape and the specific needs of local businesses.
Executive Summary
- Average Salary: $42,360 per year.
- Growth Trend: Salaries have shifted 26.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $58,010.
- Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in North Missouri appears stable, with a total local workforce of 840 individuals in this profession. The Location Quotient of 0.84 suggests a slightly lower concentration of these roles compared to the national average, indicating a moderate but not overwhelmingly saturated market. With 7.937 jobs per 1,000 workers, the demand is present, though not as robust as in more densely populated or economically diverse regions.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in North Missouri nonmetropolitan area earns-18.4%below the national average.
$20.4
$815
$3,530
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it's reasonable to assume a general upward trend in salaries for Bookkeeping, Accounting, and Auditing Clerks over the past four years, mirroring national trends. Economic shifts and inflation typically drive incremental salary increases across most professions, including administrative and financial support roles, as businesses adapt to changing economic conditions and strive to retain skilled personnel.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in North Missouri nonmetropolitan area
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a salary increase with experience. Entry-level positions often represent the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in salary distribution, though not detailed here, would signify the earning potential as one moves from a junior to a more experienced or supervisory role within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $29,390 | $14.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $31,770 | $15.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $39,820 | $19.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $52,950 | $25.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $58,010 | $27.9 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$42,360
Gross Pay
Real Wage (Purchasing Power)
$42,360
Adjusted for COL (100)
The nominal average annual salary of $42,360 in North Missouri nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that while the take-home pay is lower than the national average for this profession, the purchasing power of that salary is equivalent to the national average. Therefore, the lower nominal salary is effectively offset by the comparable cost of living, suggesting a balanced financial standing for residents.
Job Market Context
840
Total Jobs
7.937
Per 1K Jobs
0.84
Location Quotient
North Missouri nonmetropolitan area has 0.84x 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 0.84, the market for Bookkeeping, Accounting, and Auditing Clerks in North Missouri nonmetropolitan area is slightly less concentrated than the national average. This indicates that while the profession is present and necessary, it is not a dominant industry or a primary driver of the local economy. The job market is neither overly competitive nor exceptionally abundant, suggesting a steady, albeit moderate, demand for qualified individuals.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Jefferson City, MO Bookkeeping, Accounting, and Auditing Clerks Salary | $43,960↑ 4% | 10 mi |
| Columbia, MO Bookkeeping, Accounting, and Auditing Clerks Salary | $48,990↑ 16% | 34 mi |
Comparing salaries near North Missouri nonmetropolitan area
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in North Missouri nonmetropolitan area?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in North Missouri nonmetropolitan area is $42,360. This typically ranges from $29,390 for entry-level positions to $58,010 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in North Missouri nonmetropolitan area is 18.4% lower than the national median of $51,940.
Is North Missouri nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not particularly lucrative compared to national averages.The average salary of $42,360 is significantly lower than the national average of $51,940, indicating less lucrative earning potential. However, the cost of living being at the national average means the lower salary has equivalent purchasing power locally.
Is North Missouri nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in North Missouri nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near North Missouri nonmetropolitan area?
Some top paying nearby cities include Jefferson City, MO ($43,960) and Columbia, MO.
How does the total workforce size affect job prospects?
A total local workforce of 840 suggests a moderately sized pool of professionals in this field within the region, indicating a stable but not exceptionally large job market.
What does a Location Quotient of 0.84 mean for job seekers?
A Location Quotient below 1.0, like 0.84, implies that this profession is slightly less common in North Missouri compared to the national average, suggesting a potentially less competitive but also less abundant job market.
How does the cost of living impact the perceived salary?
With a Cost of Living Index of 100, the local purchasing power of the $42,360 salary is equivalent to the national average, meaning the lower nominal salary is balanced by lower (or average) expenses.
Are there many accounting and bookkeeping jobs per capita in this area?
With 7.937 jobs per 1,000 workers, there is a consistent presence of these roles, indicating steady demand that aligns with the general needs of businesses in a nonmetropolitan setting.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 840 employees in the North Missouri nonmetropolitan area area with a job density of 7.937 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 Missouri nonmetropolitan area