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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Northeast Iowa nonmetropolitan area

In Northeast Iowa's nonmetropolitan areas, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $48,000. This figure is slightly below the national average of $51,940, reflecting the economic dynamics and specific industry demands of this region. Localized economic factors and the concentration of businesses play a significant role in shaping compensation for these essential financial roles.

Executive Summary

  • Average Salary: $48,000 per year.
  • Growth Trend: Salaries have shifted 27.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $61,730.
  • Outlook: With a local workforce of 1,130 individuals in this sector and a Location Quotient of 1.21, Northeast Iowa demonstrates a notable concentration of bookkeeping, accounting, and auditing clerks relative to the national average. This suggests a stable, and potentially growing, demand for these professionals within the region's economic landscape, indicating a robust job market for skilled individuals.
2024 Market Data

Salary Overview

$48,000

The average Bookkeeping, Accounting, and Auditing Clerks in Northeast Iowa nonmetropolitan area earns-7.6%below the national average.

BreakdownBased on 40h/week
Hourly

$23.1

Weekly

$923

Monthly

$4,000

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Northeast Iowa nonmetropolitan area

Career progression for Bookkeeping, Accounting, and Auditing Clerks in Northeast Iowa typically involves salary increases tied to experience and specialization. Entry-level positions may start at the lower end of the pay scale, while senior clerks with extensive experience and advanced skills can command significantly higher salaries, often reflected in the upper percentiles of the salary distribution.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$29,550$14.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$36,000$17.3
ManagerOversees team, compliance, and project delivery.50% (Median)$45,260$21.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$60,000$28.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$61,730$29.7

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$48,000

Gross Pay

Real Wage (Purchasing Power)

$48,000

Adjusted for COL (100)

The average annual salary of $48,000 in Northeast Iowa aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal income earned by bookkeeping, accounting, and auditing clerks in this region offers purchasing power equivalent to the national standard, making it a financially stable location for these professionals.

Job Market Context

1,130

Total Jobs

11.439

Per 1K Jobs

1.21

Location Quotient

Above Average

With a location quotient of 1.21, Northeast Iowa nonmetropolitan area has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

The Location Quotient of 1.21 for Bookkeeping, Accounting, and Auditing Clerks in Northeast Iowa indicates a higher concentration of these roles compared to the national average. This suggests that the job market in this region is relatively robust and potentially more competitive for employers seeking talent, while offering ample opportunities for job seekers in this specialized field.

Nearby Job Markets

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Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Northeast Iowa nonmetropolitan area?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Northeast Iowa nonmetropolitan area is $48,000. This typically ranges from $29,550 for entry-level positions to $61,730 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northeast Iowa nonmetropolitan area is 7.6% lower than the national median of $51,940.

Is Northeast Iowa nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

Moderately lucrative, with average pay matching the national cost of living.The average salary of $48,000 is slightly below the national average but is balanced by a cost of living index that is also at the national average.

Is Northeast Iowa nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in Northeast Iowa nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northeast Iowa nonmetropolitan area?

Some top paying nearby cities include Ames, IA ($48,530) and Des Moines-West Des Moines, IA.

How does the Northeast Iowa salary compare to the national average?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Northeast Iowa is $48,000, which is slightly lower than the national average of $51,940.

What is the significance of the Location Quotient (LQ) in Northeast Iowa?

An LQ of 1.21 signifies that Northeast Iowa has a higher concentration of Bookkeeping, Accounting, and Auditing Clerks than the national average, suggesting a strong local demand for these roles.

How does the Cost of Living Index affect the $48,000 salary?

With a Cost of Living Index of 100 (the national average), the $48,000 salary in Northeast Iowa provides purchasing power equivalent to the national average, indicating good financial stability.

What is the total number of Bookkeeping, Accounting, and Auditing Clerks in Northeast Iowa?

There are approximately 1,130 Bookkeeping, Accounting, and Auditing Clerks employed in the Northeast Iowa nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,130 employees in the Northeast Iowa nonmetropolitan area area with a job density of 11.439 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.