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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Northwest Alabama nonmetropolitan area

In the Northwest Alabama nonmetropolitan area, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $40,410. This figure is notably below the national average of $51,940, reflecting the economic landscape and specific industry demands of this region. Localized economic factors and a smaller market size often contribute to these pay differentials compared to national benchmarks.

Executive Summary

  • Average Salary: $40,410 per year.
  • Growth Trend: Salaries have shifted 12.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $56,310.
  • Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in Northwest Alabama appears stable, with a total local workforce of 560 individuals in this role. The location quotient of 0.89 suggests a concentration slightly below the national average, indicating a moderate but not overwhelmingly saturated market. The presence of 8.356 jobs per 1,000 workers signifies a consistent demand for these essential financial services within the region.
2024 Market Data

Salary Overview

$40,410

The average Bookkeeping, Accounting, and Auditing Clerks in Northwest Alabama nonmetropolitan area earns-22.2%below the national average.

BreakdownBased on 40h/week
Hourly

$19.4

Weekly

$777

Monthly

$3,368

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Northwest Alabama nonmetropolitan area

Career progression for Bookkeeping, Accounting, and Auditing Clerks in Northwest Alabama typically involves a salary increase with accumulated experience. Entry-level positions will likely fall at the lower end of the pay scale, while senior clerks with extensive expertise and specialized skills can command higher salaries. The percentile gaps between different experience levels signify clear opportunities for career advancement and increased earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$26,920$12.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$30,308$14.6
ManagerOversees team, compliance, and project delivery.50% (Median)$38,950$18.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$50,513$24.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$56,310$27.1

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$40,410

Gross Pay

Real Wage (Purchasing Power)

$40,410

Adjusted for COL (100)

The average annual salary of $40,410 in Northwest Alabama aligns precisely with the national average Cost of Living Index of 100. This means that the nominal income earned by bookkeeping clerks in this region has purchasing power equivalent to the national average. While the salary is lower than the national average, the cost of living does not present a disadvantage, suggesting that the take-home pay is relatively balanced with local expenses.

Job Market Context

560

Total Jobs

8.356

Per 1K Jobs

0.89

Location Quotient

Below Average

Northwest Alabama nonmetropolitan area has 0.89x the national average concentration of Bookkeeping, Accounting, and Auditing Clerks jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

With a location quotient of 0.89, the market for Bookkeeping, Accounting, and Auditing Clerks in Northwest Alabama is slightly less concentrated than the national average. This suggests that while the profession is present and necessary, it is not a dominant industry in the region. The job market is neither overly competitive nor scarce, offering a balanced environment for professionals seeking employment in this sector.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

Comparing salaries near Northwest Alabama nonmetropolitan area

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Northwest Alabama nonmetropolitan area?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Northwest Alabama nonmetropolitan area is $40,410. This typically ranges from $26,920 for entry-level positions to $56,310 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Alabama nonmetropolitan area is 22.2% lower than the national median of $51,940.

Is Northwest Alabama nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

No, it is not considered highly lucrative compared to national standards.The average salary of $40,410 is significantly lower than the national average of $51,940. However, the cost of living being at the national average means the purchasing power is equivalent, mitigating some of the salary disparity.

Is Northwest Alabama nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in Northwest Alabama nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northwest Alabama nonmetropolitan area?

Some top paying nearby cities include Montgomery, AL ($42,660) and Birmingham, AL.

How does the local workforce size affect job prospects?

A local workforce of 560 indicates a moderate-sized pool of professionals in this field, suggesting a stable but not overly saturated job market for new entrants.

What does a Location Quotient of 0.89 mean for job seekers?

A location quotient below 1.0 signifies that this profession is slightly less prevalent in Northwest Alabama compared to the national average, implying a balanced demand and supply dynamic.

How does the Cost of Living Index impact the $40,410 salary?

With a Cost of Living Index of 100, the $40,410 salary has the same purchasing power as the national average, meaning local expenses are neither significantly higher nor lower than the national norm.

Are there many accounting clerk jobs per capita in this area?

With 8.356 jobs per 1,000 workers, there is a consistent presence of bookkeeping, accounting, and auditing clerk roles relative to the general population, indicating ongoing need.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 560 employees in the Northwest Alabama nonmetropolitan area area with a job density of 8.356 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.