Average Bookkeeping, Accounting, and Auditing Clerks Salary in Olympia-Lacey-Tumwater, WA
Bookkeeping, Accounting, and Auditing Clerks in the Olympia-Lacey-Tumwater, WA area earn an average annual salary of $56,160. This figure is notably higher than the national average of $51,940, suggesting that local economic factors and demand contribute to a more favorable compensation landscape for these essential financial roles within the region.
Executive Summary
- Average Salary: $56,160 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $74,890.
- Outlook: With a local workforce of approximately 1,100 individuals in this sector and a Location Quotient of 0.91, the Olympia-Lacey-Tumwater area demonstrates a stable, albeit slightly below national average, concentration of these roles. The presence of 8.609 jobs per 1,000 workers indicates a consistent demand for bookkeeping, accounting, and auditing clerks, underscoring a healthy job market for professionals in this field within the region.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Olympia-Lacey-Tumwater, WA earns+8.1%above the national average.
$27
$1,080
$4,680
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in Olympia-Lacey-Tumwater, WA, have experienced gradual growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing demand for financial expertise typically drive upward salary adjustments in most professional fields.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Olympia-Lacey-Tumwater, WA
Career progression for Bookkeeping, Accounting, and Auditing Clerks is typically marked by increasing salary levels. Entry-level positions often start at the lower end of the pay scale, while experienced professionals with specialized skills or supervisory responsibilities can command significantly higher salaries. The percentile gaps in salary distributions clearly signify the potential for substantial career and financial advancement within this occupation.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,640 | $20 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $42,120 | $20.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $54,130 | $26 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $70,200 | $33.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $74,890 | $36 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$56,160
Gross Pay
Real Wage (Purchasing Power)
$56,160
Adjusted for COL (100)
The average annual salary of $56,160 in Olympia-Lacey-Tumwater, WA, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the salary in this region is equivalent to the national average, offering a balanced financial standing for residents without significant adjustments needed for daily expenses compared to the rest of the country.
Job Market Context
1,100
Total Jobs
8.609
Per 1K Jobs
0.91
Location Quotient
Olympia-Lacey-Tumwater, WA has 0.91x 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.
A Location Quotient of 0.91 indicates that the concentration of Bookkeeping, Accounting, and Auditing Clerks in Olympia-Lacey-Tumwater, WA, is slightly below the national average. This suggests that while the profession is well-represented, the market is not oversaturated, potentially offering good opportunities for skilled professionals without intense competition compared to more concentrated national hubs.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
Comparing salaries near Olympia-Lacey-Tumwater, WA
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Olympia-Lacey-Tumwater, WA?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Olympia-Lacey-Tumwater, WA is $56,160. This typically ranges from $41,640 for entry-level positions to $74,890 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Olympia-Lacey-Tumwater, WA is 8.1% higher than the national median of $51,940.
Is Olympia-Lacey-Tumwater, WA a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, it offers above-average compensation.The average salary of $56,160 is higher than the national average, and the cost of living is on par with the national average, indicating good earning potential.
Is Olympia-Lacey-Tumwater, WA a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Olympia-Lacey-Tumwater, WA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Olympia-Lacey-Tumwater, WA?
Some top paying nearby cities include Bremerton-Silverdale-Port Orchard, WA ($58,150) and Seattle-Tacoma-Bellevue, WA.
How does the Olympia-Lacey-Tumwater salary compare to the national average?
The average salary of $56,160 in Olympia-Lacey-Tumwater is approximately 8% higher than the national average of $51,940 for Bookkeeping, Accounting, and Auditing Clerks.
What is the significance of the Location Quotient (LQ) of 0.91?
An LQ of 0.91 means that the proportion of Bookkeeping, Accounting, and Auditing Clerks in the Olympia-Lacey-Tumwater workforce is slightly lower than the national average. This suggests a stable, but not overly concentrated, job market for these roles.
How does the Cost of Living Index affect the salary?
With a Cost of Living Index of 100, the $56,160 salary in Olympia-Lacey-Tumwater has the same purchasing power as the national average. This indicates a balanced financial environment for residents.
What does 'Jobs per 1,000 Workers' tell us about the market?
The figure of 8.609 jobs per 1,000 workers indicates the prevalence of bookkeeping, accounting, and auditing clerk positions within the local economy, suggesting consistent employment opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,100 employees in the Olympia-Lacey-Tumwater, WA area with a job density of 8.609 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 Olympia-Lacey-Tumwater, WA