In the Northwest Virginia nonmetropolitan area, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $45,570. This figure is notably below the national average of $51,940, reflecting the economic dynamics and potentially lower demand for these specialized roles outside of major metropolitan hubs. The specific economic landscape of this region plays a significant role in shaping compensation levels for these essential financial support positions.
Executive Summary
- Average Salary: $45,570 per year.
- Growth Trend: Salaries have shifted 30.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $58,850.
- Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in Northwest Virginia appears stable, with a local workforce of 670 professionals. The Location Quotient of 1.08 suggests a slightly higher concentration of these roles compared to the national average, indicating a steady, albeit not booming, demand within the region's economic structure.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Northwest Virginia nonmetropolitan area earns-12.3%below the national average.
$21.9
$876
$3,798
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it's reasonable to assume a general trend of salary growth for Bookkeeping, Accounting, and Auditing Clerks over the past four years, mirroring national patterns. Economic shifts and inflation typically drive modest increases in compensation for established roles, ensuring that salaries adapt to the evolving economic climate.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Northwest Virginia nonmetropolitan area
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a salary increase with experience. Entry-level positions often start 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. The percentile gaps in earnings clearly signify the career trajectory and the financial rewards associated with advancing expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $31,200 | $15 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,178 | $16.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $45,270 | $21.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $56,963 | $27.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $58,850 | $28.3 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$45,570
Gross Pay
Real Wage (Purchasing Power)
$45,570
Adjusted for COL (100)
The average annual salary of $45,570 in Northwest Virginia nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is comparable to the national standard, suggesting that while the nominal income is lower than the national average, the cost of living does not significantly diminish its real value within the region.
Job Market Context
670
Total Jobs
10.228
Per 1K Jobs
1.08
Location Quotient
With a location quotient of 1.08, Northwest Virginia 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 1.08, Northwest Virginia nonmetropolitan area shows a slightly higher concentration of Bookkeeping, Accounting, and Auditing Clerk positions than the national average. This indicates a moderately competitive market where the demand is present and slightly more pronounced relative to the general workforce, suggesting a stable employment landscape for professionals in this field.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Charlottesville, VA Bookkeeping, Accounting, and Auditing Clerks Salary | $51,510↑ 13% | 25 mi |
| Richmond, VA Bookkeeping, Accounting, and Auditing Clerks Salary | $50,610↑ 11% | 41 mi |
| Staunton-Stuarts Draft, VA Bookkeeping, Accounting, and Auditing Clerks Salary | $47,420↑ 4% | 56 mi |
| Harrisonburg, VA Bookkeeping, Accounting, and Auditing Clerks Salary | $46,700↑ 2% | 60 mi |
| Lynchburg, VA Bookkeeping, Accounting, and Auditing Clerks Salary | $45,520↓ 0% | 61 mi |
Comparing salaries near Northwest Virginia nonmetropolitan area
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Northwest Virginia nonmetropolitan area?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Northwest Virginia nonmetropolitan area is $45,570. This typically ranges from $31,200 for entry-level positions to $58,850 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northwest Virginia nonmetropolitan area is 12.3% lower than the national median of $51,940.
Is Northwest Virginia nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not particularly lucrative compared to national averages.The average salary of $45,570 is below the national average of $51,940, although the cost of living is on par with the national average.
Is Northwest Virginia nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Northwest Virginia nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northwest Virginia nonmetropolitan area?
Some top paying nearby cities include Charlottesville, VA ($51,510) and Richmond, VA.
How does the local salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Northwest Virginia nonmetropolitan area is $45,570, which is lower than the national average of $51,940.
What is the concentration of these jobs in Northwest Virginia?
The Location Quotient of 1.08 indicates a slightly higher concentration of Bookkeeping, Accounting, and Auditing Clerk roles in this region compared to the national average.
How does the cost of living affect the salary?
With a Cost of Living Index of 100, the salary of $45,570 has a purchasing power equivalent to the national average, meaning the lower nominal salary is offset by a comparable cost of living.
What is the total number of these clerks in the region?
There are approximately 670 Bookkeeping, Accounting, and Auditing Clerks employed in the Northwest Virginia 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 670 employees in the Northwest Virginia nonmetropolitan area area with a job density of 10.228 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 Northwest Virginia nonmetropolitan area