In the Northern Vermont nonmetropolitan area, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $51,650. This figure is remarkably close to the national average of $51,940, indicating a stable compensation landscape. Local economic factors and the specific demand within this region contribute to this pay parity.
Executive Summary
- Average Salary: $51,650 per year.
- Growth Trend: Salaries have shifted 15.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $65,990.
- Outlook: With a local workforce of 940 individuals in this role, the Northern Vermont nonmetropolitan area demonstrates a solid presence of accounting and bookkeeping professionals. The Location Quotient of 1.11 suggests a slightly higher concentration of these jobs compared to the national average, implying a steady demand that supports the existing workforce.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Northern Vermont nonmetropolitan area earns-0.6%below the national average.
$24.8
$993
$4,304
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is generally observed that roles like Bookkeeping, Accounting, and Auditing Clerks have seen consistent salary growth over the past four years, driven by inflation, increasing complexity of financial regulations, and a persistent need for skilled professionals across various industries.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Northern Vermont nonmetropolitan area
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a significant salary increase with experience. Entry-level positions often start at the lower end of the pay scale, while senior clerks or those with specialized skills can command salaries well above the average, with percentile gaps clearly signifying advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $34,600 | $16.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $38,738 | $18.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $50,310 | $24.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $64,563 | $31 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $65,990 | $31.7 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$51,650
Gross Pay
Real Wage (Purchasing Power)
$51,650
Adjusted for COL (100)
The average annual salary of $51,650 in Northern Vermont aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of an accountant's salary in this region is equivalent to that of someone earning the national average, offering a balanced financial environment for residents.
Job Market Context
940
Total Jobs
10.516
Per 1K Jobs
1.11
Location Quotient
With a location quotient of 1.11, Northern Vermont 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 1.11 signifies that Bookkeeping, Accounting, and Auditing Clerk roles are slightly more concentrated in the Northern Vermont nonmetropolitan area than the national average. This suggests a healthy, albeit not overwhelmingly saturated, job market where demand is consistent with the supply of professionals.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
Comparing salaries near Northern Vermont nonmetropolitan area
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Northern Vermont nonmetropolitan area?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Northern Vermont nonmetropolitan area is $51,650. This typically ranges from $34,600 for entry-level positions to $65,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northern Vermont nonmetropolitan area is 0.6% lower than the national median of $51,940.
Is Northern Vermont nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, it offers competitive compensation.The average salary is nearly on par with the national average, and the cost of living is also at the national average, indicating good earning potential.
Is Northern Vermont nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Northern Vermont nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northern Vermont nonmetropolitan area?
Some top paying nearby cities include Burlington-South Burlington, VT ($55,040) and Glens Falls, NY.
How does the Northern Vermont job market compare to the national average for this role?
The job market in Northern Vermont is slightly more concentrated for Bookkeeping, Accounting, and Auditing Clerks, with a Location Quotient of 1.11, indicating a healthy demand relative to the national landscape.
What is the total number of Bookkeeping, Accounting, and Auditing Clerk jobs in Northern Vermont?
There are approximately 940 individuals employed as Bookkeeping, Accounting, and Auditing Clerks in the Northern Vermont nonmetropolitan area.
Does experience significantly impact salary for these roles in Northern Vermont?
Yes, experience is a key factor in salary progression, with senior roles commanding higher compensation than entry-level positions, reflected in the salary percentile gaps.
How does the cost of living affect the $51,650 salary in Northern Vermont?
With a Cost of Living Index of 100, the $51,650 salary offers purchasing power equivalent to the national average, making it a stable financial proposition.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 940 employees in the Northern Vermont nonmetropolitan area area with a job density of 10.516 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 Vermont nonmetropolitan area