Average Bookkeeping, Accounting, and Auditing Clerks Salary in Providence-Warwick, RI-MA
In Providence-Warwick, RI-MA, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $54,500. This figure slightly surpasses the national average of $51,940, indicating a localized premium for these essential financial roles. The specific economic landscape and demand within the Providence metropolitan area likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $54,500 per year.
- Growth Trend: Salaries have shifted 15.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $73,050.
- Outlook: The Providence-Warwick area supports a substantial workforce of 6,360 Bookkeeping, Accounting, and Auditing Clerks. With a Location Quotient of 0.95, the concentration of these roles is nearly on par with the national average, suggesting a stable and consistent demand for professionals in this field within the region.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Providence-Warwick, RI-MA earns+4.9%above the national average.
$26.2
$1,048
$4,542
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 Providence-Warwick, RI-MA have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for financial services, and the evolving complexity of accounting regulations.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Providence-Warwick, RI-MA
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Providence-Warwick, RI-MA is marked by increasing earning potential. Entry-level positions typically start at lower percentiles, while experienced professionals with specialized skills or supervisory responsibilities can command salaries in the higher percentiles, reflecting a significant salary gap that signifies substantial career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,920 | $17.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $40,875 | $19.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $52,580 | $25.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $68,125 | $32.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $73,050 | $35.1 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$54,500
Gross Pay
Real Wage (Purchasing Power)
$54,500
Adjusted for COL (100)
The average annual salary of $54,500 in Providence-Warwick, RI-MA aligns perfectly with the local Cost of Living Index of 100, which represents the national average. This means that the purchasing power of a Bookkeeping, Accounting, and Auditing Clerk's salary in this region is equivalent to the national standard, offering a stable financial footing for residents.
Job Market Context
6,360
Total Jobs
9.008
Per 1K Jobs
0.95
Location Quotient
Providence-Warwick, RI-MA has 0.95x 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 0.95 for Bookkeeping, Accounting, and Auditing Clerks in Providence-Warwick, RI-MA indicates that the job market is very close to the national average in terms of concentration. This suggests a balanced market where the number of available positions is proportionate to the number of professionals, implying moderate competition and steady employment opportunities.
Nearby Job Markets
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Providence-Warwick, RI-MA?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Providence-Warwick, RI-MA is $54,500. This typically ranges from $36,920 for entry-level positions to $73,050 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Providence-Warwick, RI-MA is 4.9% higher than the national median of $51,940.
Is Providence-Warwick, RI-MA a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, it offers a competitive salary.The average salary of $54,500 is above the national average, and the cost of living is at the national average, providing good purchasing power.
Is Providence-Warwick, RI-MA a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Providence-Warwick, RI-MA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Providence-Warwick, RI-MA?
Some top paying nearby cities include Massachusetts nonmetropolitan area ($57,890) and Worcester, MA.
How does the Providence-Warwick salary compare to the national average?
The average salary for Bookkeeping, Accounting, and Auditing Clerks in Providence-Warwick, RI-MA is $54,500, which is slightly higher than the national average of $51,940.
What is the Cost of Living in Providence-Warwick, RI-MA?
The Cost of Living Index in Providence-Warwick, RI-MA is 100, which is exactly the national average.
How many Bookkeeping, Accounting, and Auditing Clerk jobs are there in Providence-Warwick, RI-MA?
There are approximately 9.008 jobs per 1,000 workers in this field within the Providence-Warwick metropolitan area, with a total local workforce of 6,360.
Is the job market for Bookkeeping, Accounting, and Auditing Clerks saturated in Providence-Warwick, RI-MA?
With a Location Quotient of 0.95, the market is very close to the national average concentration, suggesting a balanced market with steady demand rather than saturation.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,360 employees in the Providence-Warwick, RI-MA area with a job density of 9.008 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 Providence-Warwick, RI-MA