Bookkeeping, Accounting, and Auditing Clerks in the Philadelphia-Camden-Wilmington metropolitan area earn an average annual salary of $54,340. This figure slightly surpasses the national average of $51,940, indicating a modest premium for these essential financial roles within the region. Local economic factors and the demand for skilled financial support professionals likely contribute to this slightly elevated compensation.
Executive Summary
- Average Salary: $54,340 per year.
- Growth Trend: Salaries have shifted 17.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $74,350.
- Outlook: With a substantial local workforce of 24,810 individuals in this sector and a Location Quotient of 0.92, the Philadelphia-Camden-Wilmington area demonstrates a robust and stable job market for Bookkeeping, Accounting, and Auditing Clerks. While the concentration is just below the national average, the sheer volume of professionals suggests consistent demand and a healthy ecosystem for these roles.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD earns+4.6%above the national average.
$26.1
$1,045
$4,528
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in the Philadelphia-Camden-Wilmington area have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increasing demand for financial expertise, and the need for compliance likely drive this upward salary trajectory.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with specialized skills and a proven track record can command salaries in the upper percentiles, reflecting their increased value and responsibility within organizations.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,770 | $18.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $40,755 | $19.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $51,290 | $24.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $67,925 | $32.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $74,350 | $35.7 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$54,340
Gross Pay
Real Wage (Purchasing Power)
$54,340
Adjusted for COL (100)
The average annual salary of $54,340 in Philadelphia-Camden-Wilmington aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of this salary is equivalent to the national average, offering a stable financial footing for professionals considering a move to the area.
Job Market Context
24,810
Total Jobs
8.649
Per 1K Jobs
0.92
Location Quotient
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD has 0.92x 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 0.92 suggests that the Philadelphia-Camden-Wilmington area has a slightly lower concentration of Bookkeeping, Accounting, and Auditing Clerks compared to the national average. This indicates that while the market is not over-saturated, there is a solid presence of these professionals, implying a competitive yet accessible job market for skilled individuals.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Trenton-Princeton, NJ Bookkeeping, Accounting, and Auditing Clerks Salary | $56,230↑ 3% | 28 mi |
| Vineland, NJ Bookkeeping, Accounting, and Auditing Clerks Salary | $50,790↓ 7% | 35 mi |
| Allentown-Bethlehem-Easton, PA-NJ Bookkeeping, Accounting, and Auditing Clerks Salary | $49,890↓ 8% | 47 mi |
| Sussex Delaware nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary | $50,660↓ 7% | 47 mi |
| Reading, PA Bookkeeping, Accounting, and Auditing Clerks Salary | $50,590↓ 7% | 48 mi |
Comparing salaries near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Hiring Bookkeeping, Accounting, and Auditing Clerkss?
Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is $54,340. This typically ranges from $37,770 for entry-level positions to $74,350 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 4.6% higher than the national median of $51,940.
Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, it offers slightly above-average compensation.The average salary of $54,340 is higher than the national average, and the cost of living is on par with the national average, indicating good earning potential.
Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?
Some top paying nearby cities include Trenton-Princeton, NJ ($56,230) and Vineland, NJ.
How does the local salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Philadelphia-Camden-Wilmington is $54,340, which is slightly higher than the national average of $51,940.
What is the job market like for these clerks in Philadelphia?
The job market is robust, with a total local workforce of 24,810 and a Location Quotient of 0.92, indicating a significant presence and consistent demand for these professionals.
Does the cost of living affect the salary's value?
No, the cost of living in Philadelphia-Camden-Wilmington is exactly at the national average (100), meaning the $54,340 salary holds its purchasing power effectively.
How many Bookkeeping, Accounting, and Auditing Clerk jobs are there per 1,000 workers locally?
There are approximately 8.649 jobs per 1,000 workers in this field within the Philadelphia-Camden-Wilmington area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 24,810 employees in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area with a job density of 8.649 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 Philadelphia-Camden-Wilmington, PA-NJ-DE-MD