Bookkeeping, Accounting, and Auditing Clerks in the Northeast Minnesota nonmetropolitan area earn an average annual salary of $48,440. This figure is slightly below the national average of $51,940, a common occurrence in nonmetropolitan regions where localized economic factors and industry demand can influence compensation levels. The specific economic landscape of this area shapes the earning potential for these vital financial roles.
Executive Summary
- Average Salary: $48,440 per year.
- Growth Trend: Salaries have shifted 30.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $63,160.
- Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in Northeast Minnesota nonmetropolitan area appears stable, with a total local workforce of 440 individuals in this role. The Location Quotient of 1.07 indicates a slightly higher concentration of these professionals compared to the national average, suggesting a consistent, if not growing, demand for their services within the region's economic structure.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Northeast Minnesota nonmetropolitan area earns-6.7%below the national average.
$23.3
$932
$4,037
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in Northeast Minnesota nonmetropolitan area have seen gradual growth over the past four years, mirroring national trends. Economic shifts, inflation, and evolving industry needs typically drive incremental increases in compensation for skilled administrative and financial support roles.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Northeast Minnesota nonmetropolitan area
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a salary scale that increases with experience and specialization. Entry-level positions will naturally command lower salaries, while senior clerks with extensive experience, advanced certifications, or supervisory responsibilities can expect to earn significantly more, often reaching into higher salary percentiles, reflecting their accumulated expertise and value.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $30,530 | $14.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $36,330 | $17.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $48,040 | $23.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $60,550 | $29.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $63,160 | $30.4 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$48,440
Gross Pay
Real Wage (Purchasing Power)
$48,440
Adjusted for COL (100)
The average annual salary of $48,440 in Northeast Minnesota nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, suggesting that while the nominal pay is slightly lower than the national average for the role, the cost of living does not present a disadvantage in terms of affordability.
Job Market Context
440
Total Jobs
10.088
Per 1K Jobs
1.07
Location Quotient
With a location quotient of 1.07, Northeast Minnesota nonmetropolitan area has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
With a Location Quotient of 1.07, Northeast Minnesota nonmetropolitan area exhibits a slightly higher concentration of Bookkeeping, Accounting, and Auditing Clerks than the national average. This suggests a healthy and perhaps slightly more competitive market for these professionals, indicating that businesses in the region rely on a robust presence of these roles to manage their financial operations effectively.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| St. Cloud, MN Bookkeeping, Accounting, and Auditing Clerks Salary | $52,630↑ 9% | 17 mi |
| Minneapolis-St. Paul-Bloomington, MN-WI Bookkeeping, Accounting, and Auditing Clerks Salary | $55,920↑ 15% | 58 mi |
Comparing salaries near Northeast Minnesota nonmetropolitan area
Hiring Bookkeeping, Accounting, and Auditing Clerkss?
Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Northeast Minnesota nonmetropolitan area?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Northeast Minnesota nonmetropolitan area is $48,440. This typically ranges from $30,530 for entry-level positions to $63,160 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northeast Minnesota nonmetropolitan area is 6.7% lower than the national median of $51,940.
Is Northeast Minnesota nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Moderately lucrative, with average pay aligning with national living costs.The average salary of $48,440 is slightly below the national average, but the Cost of Living Index of 100 means your earnings have equivalent purchasing power. The slightly higher concentration of these roles suggests steady demand.
Is Northeast Minnesota nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Northeast Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northeast Minnesota nonmetropolitan area?
Some top paying nearby cities include St. Cloud, MN ($52,630) and Minneapolis-St. Paul-Bloomington, MN-WI.
How does the salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Northeast Minnesota nonmetropolitan area is $48,440, which is slightly lower than the national average of $51,940.
What is the Cost of Living in Northeast Minnesota nonmetropolitan area?
The Cost of Living Index for Northeast Minnesota nonmetropolitan area is 100, which is exactly the national average, indicating average living expenses.
How concentrated are Bookkeeping, Accounting, and Auditing Clerk jobs in this region?
The Location Quotient of 1.07 indicates that these roles are slightly more concentrated in Northeast Minnesota nonmetropolitan area than the national average, suggesting a healthy local job market for these positions.
What is the total number of Bookkeeping, Accounting, and Auditing Clerks in this area?
There are approximately 440 Bookkeeping, Accounting, and Auditing Clerks employed in the Northeast Minnesota 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 440 employees in the Northeast Minnesota nonmetropolitan area area with a job density of 10.088 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Bookkeeping, Accounting, and Auditing Clerks Salaries by State
Top Jobs in Northeast Minnesota nonmetropolitan area
- All Occupations Salary in Northeast Minnesota nonmetropolitan area
- Office and Administrative Support Occupations Salary in Northeast Minnesota nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in Northeast Minnesota nonmetropolitan area
- Sales and Related Occupations Salary in Northeast Minnesota nonmetropolitan area
- Educational Instruction and Library Occupations Salary in Northeast Minnesota nonmetropolitan area
- Transportation and Material Moving Occupations Salary in Northeast Minnesota nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in Northeast Minnesota nonmetropolitan area
- Healthcare Support Occupations Salary in Northeast Minnesota nonmetropolitan area
- Construction and Extraction Occupations Salary in Northeast Minnesota nonmetropolitan area
- Management Occupations Salary in Northeast Minnesota nonmetropolitan area
- Browse All Jobs in Northeast Minnesota nonmetropolitan area →
Semantic Salary Analysis for Bookkeeping, Accounting, and Auditing Clerks • Data source: BLS OEWS 2024 •Jobs in Northeast Minnesota nonmetropolitan area