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

Bookkeeping, Accounting, and Auditing Clerks in the Northwest Iowa nonmetropolitan area earn an average annual salary of $46,900. This figure is notably below the national average of $51,940, reflecting the economic landscape and potentially lower demand or different industry structures prevalent in nonmetropolitan regions compared to national hubs.

Executive Summary

  • Average Salary: $46,900 per year.
  • Growth Trend: Salaries have shifted 27.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $61,360.
  • Outlook: With a local workforce of 1,550 individuals in this role, Northwest Iowa demonstrates a stable, albeit not overwhelmingly large, presence of accounting clerks. The Location Quotient of 1.12 suggests a slightly higher concentration of these professionals than the national average, indicating a consistent, steady demand within the region's economic framework.
2024 Market Data

Salary Overview

$46,900

The average Bookkeeping, Accounting, and Auditing Clerks in Northwest Iowa nonmetropolitan area earns-9.7%below the national average.

BreakdownBased on 40h/week
Hourly

$22.6

Weekly

$902

Monthly

$3,908

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

Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a salary scale that increases with experience. Entry-level positions will likely fall at the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command salaries significantly higher than the average, with percentile gaps clearly signifying these advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$30,910$14.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$35,175$16.9
ManagerOversees team, compliance, and project delivery.50% (Median)$46,010$22.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$58,625$28.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$61,360$29.5

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$46,900

Gross Pay

Real Wage (Purchasing Power)

$46,900

Adjusted for COL (100)

The average annual salary of $46,900 in Northwest Iowa aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of an accountant's salary in this region is comparable to that of someone in a national average cost-of-living area, suggesting a balanced economic environment for residents.

Job Market Context

1,550

Total Jobs

10.595

Per 1K Jobs

1.12

Location Quotient

Above Average

With a location quotient of 1.12, Northwest Iowa nonmetropolitan area has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

The Location Quotient of 1.12 indicates that Northwest Iowa has a slightly higher concentration of Bookkeeping, Accounting, and Auditing Clerks relative to its overall workforce compared to the national average. This suggests a healthy, perhaps even slightly competitive, job market for these roles, where demand is at least on par with, if not exceeding, the national average.

Nearby Job Markets

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Frequently Asked Questions

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

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Northwest Iowa nonmetropolitan area is $46,900. This typically ranges from $30,910 for entry-level positions to $61,360 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Iowa nonmetropolitan area is 9.7% lower than the national median of $51,940.

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

No, but it offers good value.While the average salary of $46,900 is below the national average, the Cost of Living Index of 100 means your earnings hold comparable purchasing power to the national average.

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

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

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

Some top paying nearby cities include Ames, IA ($48,530) and Des Moines-West Des Moines, IA.

How does the local salary compare to the national average?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Northwest Iowa is $46,900, which is approximately $5,040 less than the national average of $51,940.

What is the concentration of accounting clerks in Northwest Iowa?

The Location Quotient of 1.12 indicates a slightly higher concentration of these roles in Northwest Iowa compared to the national average, suggesting a steady presence and demand for these professionals.

How does the cost of living affect the salary in Northwest Iowa?

With a Cost of Living Index of 100, the same as the national average, the $46,900 salary in Northwest Iowa offers purchasing power equivalent to the national average, making it a balanced financial environment.

What is the total number of accounting clerks in the region?

There are approximately 1,550 Bookkeeping, Accounting, and Auditing Clerks employed in the Northwest Iowa 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 1,550 employees in the Northwest Iowa nonmetropolitan area area with a job density of 10.595 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.