In the Northern New Mexico nonmetropolitan area, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $47,840. This figure is slightly below the national average of $51,940, a difference often attributed to the unique economic landscape and demand drivers present in nonmetropolitan regions compared to larger urban centers.
Executive Summary
- Average Salary: $47,840 per year.
- Growth Trend: Salaries have shifted 19.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $62,460.
- Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in Northern New Mexico is stable, with a local workforce of 810 individuals. The location quotient of 1.04 suggests a concentration of these roles that is very close to the national average, indicating a steady, if not slightly elevated, demand for these essential financial support positions within the region.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Northern New Mexico nonmetropolitan area earns-7.9%below the national average.
$23
$920
$3,987
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 Northern New Mexico have seen gradual growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for financial services, and the need to retain skilled professionals in the workforce.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Northern New Mexico nonmetropolitan area
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Northern New Mexico typically involves a salary increase with experience. Entry-level positions might hover around the lower percentiles, while senior clerks with specialized skills and extensive experience can command salaries in the higher percentiles, reflecting a clear path for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $33,740 | $16.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $35,880 | $17.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,190 | $22.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $59,800 | $28.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $62,460 | $30 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$47,840
Gross Pay
Real Wage (Purchasing Power)
$47,840
Adjusted for COL (100)
The nominal average salary of $47,840 in Northern New Mexico aligns perfectly with the national average cost of living index of 100. This means that while the take-home pay is slightly lower than the national average, the purchasing power of that salary is equivalent to the national standard, offering a stable financial environment for residents.
Job Market Context
810
Total Jobs
9.775
Per 1K Jobs
1.04
Location Quotient
With a location quotient of 1.04, Northern New Mexico 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 1.04, the market for Bookkeeping, Accounting, and Auditing Clerks in Northern New Mexico is neither significantly saturated nor exceptionally scarce. This indicates a balanced job market where demand closely mirrors national proportions, suggesting consistent opportunities for qualified individuals without overwhelming competition.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Albuquerque, NM Bookkeeping, Accounting, and Auditing Clerks Salary | $48,900↑ 2% | 29 mi |
| Santa Fe, NM Bookkeeping, Accounting, and Auditing Clerks Salary | $52,530↑ 10% | 59 mi |
Comparing salaries near Northern New Mexico nonmetropolitan area
Hiring Bookkeeping, Accounting, and Auditing Clerkss?
Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Northern New Mexico nonmetropolitan area?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Northern New Mexico nonmetropolitan area is $47,840. This typically ranges from $33,740 for entry-level positions to $62,460 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northern New Mexico nonmetropolitan area is 7.9% lower than the national median of $51,940.
Is Northern New Mexico nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not significantly more lucrative than the national average.The average salary of $47,840 is below the national average, though the cost of living is also at the national average, making the purchasing power comparable.
Is Northern New Mexico nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Northern New Mexico nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northern New Mexico nonmetropolitan area?
Some top paying nearby cities include Albuquerque, NM ($48,900) and Santa Fe, NM.
How does the Northern New Mexico salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Northern New Mexico is $47,840, which is approximately $4,100 less than the national average of $51,940.
What is the concentration of Bookkeeping, Accounting, and Auditing Clerk jobs in this region?
The location quotient of 1.04 indicates that the concentration of these jobs in Northern New Mexico is slightly higher than the national average, suggesting a stable demand relative to the workforce size.
How does the cost of living affect the salary in Northern New Mexico?
The cost of living index is 100, which is the national average. This means that despite the slightly lower nominal salary, the purchasing power of $47,840 in Northern New Mexico is equivalent to the national average.
What is the total number of Bookkeeping, Accounting, and Auditing Clerk jobs in Northern New Mexico?
There are approximately 810 Bookkeeping, Accounting, and Auditing Clerks employed in the Northern New Mexico 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 810 employees in the Northern New Mexico nonmetropolitan area area with a job density of 9.775 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 New Mexico nonmetropolitan area