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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Northern Vermont nonmetropolitan area

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.
2024 Market Data

Salary Overview

$51,650

The average Bookkeeping, Accounting, and Auditing Clerks in Northern Vermont nonmetropolitan area earns-0.6%below the national average.

BreakdownBased on 40h/week
Hourly

$24.8

Weekly

$993

Monthly

$4,304

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 LevelMarket PercentileAnnual WageHourly 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

Above Average

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

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

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.