In the Northern Michigan nonmetropolitan area, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $46,390. This figure is notably below the national average of $51,940, reflecting the economic dynamics and potentially lower demand characteristic of nonmetropolitan regions. The specific pay scales in this area are influenced by local industry needs and the overall economic landscape of Northern Michigan.
Executive Summary
- Average Salary: $46,390 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $61,270.
- Outlook: With a total local workforce of 1,270 individuals in this role, the Northern Michigan nonmetropolitan area demonstrates a stable, albeit not exceptionally large, employment base for Bookkeeping, Accounting, and Auditing Clerks. The Location Quotient of 1.13 suggests a slightly higher concentration of these professionals compared to the national average, indicating a moderate but present demand for their services within the region's economic structure.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Northern Michigan nonmetropolitan area earns-10.7%below the national average.
$22.3
$892
$3,866
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for this precise region isn't provided, it's reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in Northern Michigan have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for financial record-keeping, and the need for skilled professionals to manage business operations effectively.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Northern Michigan nonmetropolitan area
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Northern Michigan nonmetropolitan areas typically involves a salary increase with experience. Entry-level positions might start at the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command significantly higher salaries, often reaching into the upper percentiles of the local wage distribution, reflecting their increased value and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $32,870 | $15.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,793 | $16.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,890 | $21.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $57,988 | $27.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $61,270 | $29.5 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$46,390
Gross Pay
Real Wage (Purchasing Power)
$46,390
Adjusted for COL (100)
The average annual salary of $46,390 in Northern Michigan nonmetropolitan areas aligns perfectly with the national 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 equivalent to that of a clerk earning the national average salary in a national average cost of living area. Therefore, the nominal salary effectively translates to a comparable standard of living.
Job Market Context
1,270
Total Jobs
10.708
Per 1K Jobs
1.13
Location Quotient
With a location quotient of 1.13, Northern Michigan nonmetropolitan area has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
A Location Quotient of 1.13 indicates that Bookkeeping, Accounting, and Auditing Clerks are slightly more concentrated in the Northern Michigan nonmetropolitan area than the national average. This suggests a healthy, slightly above-average demand for these roles relative to the general workforce, implying a competitive but accessible job market for qualified individuals in this sector within the region.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Saginaw, MI Bookkeeping, Accounting, and Auditing Clerks Salary | $45,950↓ 1% | 30 mi |
| Bay City, MI Bookkeeping, Accounting, and Auditing Clerks Salary | $47,130↑ 2% | 37 mi |
| Lansing-East Lansing, MI Bookkeeping, Accounting, and Auditing Clerks Salary | $50,200↑ 8% | 42 mi |
| Flint, MI Bookkeeping, Accounting, and Auditing Clerks Salary | $46,530↑ 0% | 47 mi |
Comparing salaries near Northern Michigan nonmetropolitan area
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Northern Michigan nonmetropolitan area?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Northern Michigan nonmetropolitan area is $46,390. This typically ranges from $32,870 for entry-level positions to $61,270 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northern Michigan nonmetropolitan area is 10.7% lower than the national median of $51,940.
Is Northern Michigan nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not exceptionally lucrative compared to national averages.While the average salary of $46,390 is on par with the national cost of living, it falls below the national average salary for the role. The market shows a slightly higher concentration of these jobs, but not necessarily higher pay.
Is Northern Michigan nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Northern Michigan nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northern Michigan nonmetropolitan area?
Some top paying nearby cities include Saginaw, MI ($45,950) and Bay City, MI.
How does the Northern Michigan salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Northern Michigan nonmetropolitan areas is $46,390, which is approximately $5,550 less than the national average of $51,940.
What is the concentration of Bookkeeping, Accounting, and Auditing Clerks in this region?
The Location Quotient of 1.13 indicates that these roles are slightly more concentrated in Northern Michigan nonmetropolitan areas compared to the national average, suggesting a moderate presence in the local job market.
Does the cost of living affect the perceived value of the salary?
No, the cost of living in Northern Michigan nonmetropolitan areas is exactly at the national average (100). This means the $46,390 salary has the same purchasing power as the national average salary in a national average cost of living area.
How many Bookkeeping, Accounting, and Auditing Clerks work in Northern Michigan?
There are approximately 1,270 Bookkeeping, Accounting, and Auditing Clerks employed in the Northern Michigan 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 1,270 employees in the Northern Michigan nonmetropolitan area area with a job density of 10.708 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 Northern Michigan nonmetropolitan area