Average Bookkeeping, Accounting, and Auditing Clerks Salary in Raleigh-Cary, NC
In Raleigh-Cary, NC, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $50,320. This figure is slightly below the national average of $51,940, indicating a localized compensation structure influenced by regional economic factors and the specific demand within the Research Triangle area.
Executive Summary
- Average Salary: $50,320 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $69,290.
- Outlook: The Raleigh-Cary area supports a substantial workforce of 7,440 individuals in bookkeeping, accounting, and auditing clerk roles. With a Location Quotient of 1.09, this sector is slightly more concentrated here than the national average, suggesting a robust and stable job market with consistent demand for these essential financial professionals.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Raleigh-Cary, NC earns-3.1%below the national average.
$24.2
$968
$4,193
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 Raleigh-Cary have experienced steady growth over the past four years, mirroring national trends. This growth is likely driven by inflation, increased demand for financial services, and the overall economic expansion of the Research Triangle region.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Raleigh-Cary, NC
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Raleigh-Cary typically sees significant salary increases with experience. Entry-level positions might start around the lower percentiles, while senior clerks with specialized skills and extensive experience can command salaries in the upper percentiles, reflecting a clear career trajectory and the value placed on expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $32,070 | $15.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,740 | $18.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $48,990 | $23.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $62,900 | $30.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $69,290 | $33.3 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$50,320
Gross Pay
Real Wage (Purchasing Power)
$50,320
Adjusted for COL (100)
The average annual salary of $50,320 in Raleigh-Cary aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary offers a purchasing power equivalent to the national average, making the financial aspect of living in Raleigh-Cary neither a significant advantage nor a disadvantage compared to the rest of the country.
Job Market Context
7,440
Total Jobs
10.277
Per 1K Jobs
1.09
Location Quotient
With a location quotient of 1.09, Raleigh-Cary, NC has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
A Location Quotient of 1.09 for Bookkeeping, Accounting, and Auditing Clerks in Raleigh-Cary signifies that this profession is 9% more concentrated in this metropolitan area than the national average. This suggests a healthy job market where demand is slightly higher than the national benchmark, potentially offering more opportunities and a competitive environment for professionals in this field.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Durham-Chapel Hill, NC Bookkeeping, Accounting, and Auditing Clerks Salary | $54,490↑ 8% | 18 mi |
| Rocky Mount, NC Bookkeeping, Accounting, and Auditing Clerks Salary | $44,020↓ 13% | 48 mi |
| Goldsboro, NC Bookkeeping, Accounting, and Auditing Clerks Salary | $44,730↓ 11% | 49 mi |
| Burlington, NC Bookkeeping, Accounting, and Auditing Clerks Salary | $46,070↓ 8% | 49 mi |
| Fayetteville, NC Bookkeeping, Accounting, and Auditing Clerks Salary | $44,640↓ 11% | 55 mi |
Comparing salaries near Raleigh-Cary, NC
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Raleigh-Cary, NC?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Raleigh-Cary, NC is $50,320. This typically ranges from $32,070 for entry-level positions to $69,290 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Raleigh-Cary, NC is 3.1% lower than the national median of $51,940.
Is Raleigh-Cary, NC a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, with a caveat. The salary is on par with the national average, and the cost of living is also average.The average salary of $50,320 is very close to the national average, and with a Cost of Living Index of 100, your purchasing power remains stable. The slightly higher concentration of these roles (LQ 1.09) also indicates a healthy job market.
Is Raleigh-Cary, NC a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Raleigh-Cary, NC?
Some top paying nearby cities include Durham-Chapel Hill, NC ($54,490) and Rocky Mount, NC.
How does the Raleigh-Cary salary compare to the national average?
The average salary for Bookkeeping, Accounting, and Auditing Clerks in Raleigh-Cary is $50,320, which is slightly lower than the national average of $51,940.
What is the significance of the Location Quotient in Raleigh-Cary?
A Location Quotient of 1.09 indicates that Bookkeeping, Accounting, and Auditing Clerk roles are 9% more concentrated in Raleigh-Cary compared to the national average, suggesting a slightly higher demand or presence of these jobs in the area.
How does the Cost of Living in Raleigh-Cary affect the salary?
With a Cost of Living Index of 100, Raleigh-Cary is at the national average. This means the $50,320 salary offers purchasing power equivalent to the national average, making it neither exceptionally high nor low in real terms.
What is the total number of Bookkeeping, Accounting, and Auditing Clerks in Raleigh-Cary?
There are approximately 7,440 Bookkeeping, Accounting, and Auditing Clerks employed in the Raleigh-Cary metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,440 employees in the Raleigh-Cary, NC area with a job density of 10.277 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 Raleigh-Cary, NC