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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Roanoke, VA

In Roanoke, VA, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $45,750. This figure is notably below the national average of $51,940, suggesting that local economic factors and market demand play a significant role in compensation within this specific region. Understanding these regional nuances is crucial for professionals in the field.

Executive Summary

  • Average Salary: $45,750 per year.
  • Growth Trend: Salaries have shifted 23.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $59,990.
  • Outlook: With a local workforce of 1,490 individuals in this sector and a Location Quotient of 1.04, Roanoke presents a stable, albeit slightly concentrated, job market for Bookkeeping, Accounting, and Auditing Clerks. The concentration indicates a demand that is marginally higher than the national average, suggesting a robust presence of these roles within the local economy.
2024 Market Data

Salary Overview

$45,750

The average Bookkeeping, Accounting, and Auditing Clerks in Roanoke, VA earns-11.9%below the national average.

BreakdownBased on 40h/week
Hourly

$22

Weekly

$880

Monthly

$3,813

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Roanoke, VA

Career progression for Bookkeeping, Accounting, and Auditing Clerks in Roanoke typically involves a salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior clerks with extensive experience and specialized skills can command salaries in the higher percentiles, reflecting a significant salary gap that signifies substantial career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$30,510$14.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$34,313$16.5
ManagerOversees team, compliance, and project delivery.50% (Median)$45,060$21.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$57,188$27.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$59,990$28.8

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$45,750

Gross Pay

Real Wage (Purchasing Power)

$45,750

Adjusted for COL (100)

The average annual salary of $45,750 in Roanoke aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Bookkeeping, Accounting, and Auditing Clerk's salary in Roanoke is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to living expenses.

Job Market Context

1,490

Total Jobs

9.8

Per 1K Jobs

1.04

Location Quotient

Above Average

With a location quotient of 1.04, Roanoke, VA has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

A Location Quotient of 1.04 for Bookkeeping, Accounting, and Auditing Clerks in Roanoke indicates that this profession is slightly more concentrated in Roanoke than the national average. This suggests a healthy demand for these roles, making the job market competitive but also offering ample opportunities for skilled professionals.

Nearby Job Markets

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Roanoke, VA?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Roanoke, VA is $45,750. This typically ranges from $30,510 for entry-level positions to $59,990 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Roanoke, VA is 11.9% lower than the national median of $51,940.

Is Roanoke, VA a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

No, not exceptionally lucrative compared to the national average.While the salary of $45,750 is standard for the area, it falls below the national average of $51,940. However, the cost of living being at the national average means the salary's purchasing power is equivalent.

Is Roanoke, VA a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

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

Where are the highest paying cities near Roanoke, VA?

Some top paying nearby cities include Blacksburg-Christiansburg-Radford, VA ($48,610) and Lynchburg, VA.

How does Roanoke's salary for this role compare to the national average?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Roanoke is $45,750, which is lower than the national average of $51,940.

What is the job market like for these clerks in Roanoke?

Roanoke has a slightly higher concentration of these roles than the national average, with 9.8 jobs per 1,000 workers and a total local workforce of 1,490, indicating a stable and slightly in-demand market.

Does the cost of living in Roanoke affect the salary's value?

No, the cost of living in Roanoke is exactly at the national average (100), meaning the $45,750 salary has the same purchasing power as the national average salary.

How much does experience impact salary for these clerks in Roanoke?

Experience significantly impacts salary, with entry-level positions earning less and senior roles commanding higher salaries, reflecting typical career progression and increased earning potential.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,490 employees in the Roanoke, VA area with a job density of 9.8 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.