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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Ponce, PR

In Ponce, Puerto Rico, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $25,700. This figure is significantly lower than the national average of $51,940, reflecting regional economic factors and the specific demand dynamics within the local market. The cost of living in Ponce aligns precisely with the national average, meaning this salary offers a comparable purchasing power to what might be expected elsewhere.

Executive Summary

  • Average Salary: $25,700 per year.
  • Growth Trend: Salaries have shifted 20.1% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $33,440.
  • Outlook: The local job market for Bookkeeping, Accounting, and Auditing Clerks in Ponce, PR, comprises approximately 260 professionals. With a Location Quotient of 0.44, the concentration of these roles is below the national average, suggesting a less saturated but potentially less robust demand compared to national trends. The presence of 4.154 jobs per 1,000 workers indicates a steady, albeit modest, employment landscape for these positions.
2024 Market Data

Salary Overview

$25,700

The average Bookkeeping, Accounting, and Auditing Clerks in Ponce, PR earns-50.5%below the national average.

BreakdownBased on 40h/week
Hourly

$12.4

Weekly

$494

Monthly

$2,142

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Ponce, PR

Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves salary increases tied to experience and specialization. Entry-level positions often start at the lower end of the pay scale, while senior clerks with extensive experience and specialized knowledge can command significantly higher salaries. The percentile gaps in salary distribution highlight these opportunities for advancement and increased earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$19,760$9.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$19,275$9.3
ManagerOversees team, compliance, and project delivery.50% (Median)$23,060$11.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$32,125$15.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$33,440$16.1

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$25,700

Gross Pay

Real Wage (Purchasing Power)

$25,700

Adjusted for COL (100)

The nominal average salary of $25,700 in Ponce, PR, is directly offset by a Cost of Living Index of 100, which is the national average. This means that while the absolute salary figure may appear lower than in many mainland US cities, the purchasing power of this income in Ponce is equivalent to the national average. Therefore, relocating to Ponce does not present an immediate disadvantage in terms of cost of living relative to income.

Job Market Context

260

Total Jobs

4.154

Per 1K Jobs

0.44

Location Quotient

Low Concentration

At 0.44x, Ponce, PR has a notably lower concentration of Bookkeeping, Accounting, and Auditing Clerks jobs than the national average. Opportunities in this area are relatively scarce for this profession.

A Location Quotient of 0.44 for Bookkeeping, Accounting, and Auditing Clerks in Ponce, PR, indicates that this profession is less concentrated locally than the national average. This suggests that the job market may be less competitive, potentially offering more opportunities for qualified individuals relative to the number of available positions. However, it also implies that the overall demand for these roles might be lower compared to areas with a higher concentration.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

CitySalaryDist.
Puerto Rico nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$24,770↓ 4%15 mi
Arecibo, PR Bookkeeping, Accounting, and Auditing Clerks Salary$24,800↓ 4%31 mi
Guayama, PR Bookkeeping, Accounting, and Auditing Clerks Salary$25,180↓ 2%34 mi
Mayaguez, PR Bookkeeping, Accounting, and Auditing Clerks Salary$24,660↓ 4%34 mi
San Juan-Bayamon-Caguas, PR Bookkeeping, Accounting, and Auditing Clerks Salary$30,170↑ 17%45 mi

Comparing salaries near Ponce, PR

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Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Ponce, PR?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Ponce, PR is $25,700. This typically ranges from $19,760 for entry-level positions to $33,440 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Ponce, PR is 50.5% lower than the national median of $51,940.

Is Ponce, PR a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

No, not in terms of nominal salary.The average salary of $25,700 is substantially below the national average. However, with a Cost of Living Index matching the national average, the real purchasing power is comparable, making it neither exceptionally lucrative nor significantly disadvantageous.

Is Ponce, PR a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in Ponce, PR is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Ponce, PR?

Some top paying nearby cities include Puerto Rico nonmetropolitan area ($24,770) and Arecibo, PR.

How does Ponce's cost of living compare to the national average?

Ponce, PR has a Cost of Living Index of 100, which is exactly the national average. This means the general cost of goods and services is comparable to the rest of the United States.

What is the concentration of Bookkeeping, Accounting, and Auditing Clerks in Ponce?

The concentration, measured by the Location Quotient, is 0.44, which is below the national average. This indicates a lower proportion of these roles in Ponce compared to the rest of the country.

How many Bookkeeping, Accounting, and Auditing Clerk jobs are there per 1,000 workers in Ponce?

There are approximately 4.154 jobs per 1,000 workers for Bookkeeping, Accounting, and Auditing Clerks in Ponce, PR.

Is the job market for these clerks competitive in Ponce?

With a Location Quotient below 1.0, the market is less concentrated than the national average, suggesting potentially less intense competition for available roles.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Ponce, PR area with a job density of 4.154 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Bookkeeping, Accounting, and Auditing Clerks • Data source: BLS OEWS 2024 •Jobs in Ponce, PR