Average Bookkeeping, Accounting, and Auditing Clerks Salary in Portland-South Portland, ME
Bookkeeping, Accounting, and Auditing Clerks in Portland-South Portland, ME earn an impressive average annual salary of $54,660. This figure surpasses the national average of $51,940, indicating a favorable compensation landscape in the region. Local economic factors and demand likely contribute to this higher pay.
Executive Summary
- Average Salary: $54,660 per year.
- Growth Trend: Salaries have shifted 23.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $69,280.
- Outlook: The Portland-South Portland, ME area supports a robust workforce of 3,400 Bookkeeping, Accounting, and Auditing Clerks. With a Location Quotient of 1.27, the concentration of these roles is notably higher than the national average, suggesting strong and potentially growing demand for these professionals in the local market.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Portland-South Portland, ME earns+5.2%above the national average.
$26.3
$1,051
$4,555
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 Portland-South Portland, ME have experienced steady growth over the past four years, mirroring national trends. This upward trajectory is likely driven by inflation, increased demand for financial services, and the evolving complexity of accounting practices.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Portland-South Portland, ME
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a significant salary increase with experience. Entry-level positions may start at lower percentiles, while senior roles command higher salaries, reflecting accumulated expertise, responsibility, and specialized skills. The gap between entry-level and senior salaries signifies a clear path for career advancement and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,580 | $20 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $40,995 | $19.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $51,720 | $24.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $68,325 | $32.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $69,280 | $33.3 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$54,660
Gross Pay
Real Wage (Purchasing Power)
$54,660
Adjusted for COL (100)
The average annual salary of $54,660 in Portland-South Portland, ME aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary holds its purchasing power comparably to the national average, offering a stable financial footing for residents.
Job Market Context
3,400
Total Jobs
11.975
Per 1K Jobs
1.27
Location Quotient
With a location quotient of 1.27, Portland-South Portland, ME has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
A Location Quotient of 1.27 for Bookkeeping, Accounting, and Auditing Clerks in Portland-South Portland, ME signifies a market where these roles are more concentrated than the national average. This suggests a healthy demand and a potentially competitive environment for both employers seeking talent and professionals seeking opportunities.
Nearby Job Markets
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Portland-South Portland, ME?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Portland-South Portland, ME is $54,660. This typically ranges from $41,580 for entry-level positions to $69,280 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Portland-South Portland, ME is 5.2% higher than the national median of $51,940.
Is Portland-South Portland, ME a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, it is a lucrative place.The average salary of $54,660 exceeds the national average, and the cost of living is on par with the national average, indicating strong purchasing power.
Is Portland-South Portland, ME a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Portland-South Portland, ME is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Portland-South Portland, ME?
Some top paying nearby cities include Lewiston-Auburn, ME ($51,000) and Central New Hampshire nonmetropolitan area.
How does the Portland-South Portland, ME salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Portland-South Portland, ME is $54,660, which is higher than the national average of $51,940.
What is the concentration of Bookkeeping, Accounting, and Auditing Clerk jobs in Portland-South Portland, ME?
The concentration, measured by the Location Quotient, is 1.27, indicating that these jobs are more prevalent in Portland-South Portland, ME than the national average.
How does the cost of living in Portland-South Portland, ME affect the salary?
The Cost of Living Index is 100, which is the national average. This means the $54,660 salary has purchasing power equivalent to the national average.
What is the total number of Bookkeeping, Accounting, and Auditing Clerk jobs in the area?
There are approximately 3,400 Bookkeeping, Accounting, and Auditing Clerks employed in the Portland-South Portland, ME area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,400 employees in the Portland-South Portland, ME area with a job density of 11.975 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 Portland-South Portland, ME