Average Bookkeeping, Accounting, and Auditing Clerks Salary in Saginaw, MI
In Saginaw, MI, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $45,950. This figure is notably below the national average of $51,940, reflecting localized economic conditions and demand specific to the Saginaw metropolitan area. Factors such as the regional industry mix and the overall cost of labor in Michigan contribute to this pay differential.
Executive Summary
- Average Salary: $45,950 per year.
- Growth Trend: Salaries have shifted 11.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $61,360.
- Outlook: The Saginaw job market for Bookkeeping, Accounting, and Auditing Clerks appears stable, with a local workforce of 720 individuals in this role. The Location Quotient of 0.96 suggests a concentration of these professionals that is very close to the national average, indicating a balanced demand and supply within the region. With 9.057 jobs per 1,000 workers, the presence of these roles is consistent with national employment patterns.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Saginaw, MI earns-11.5%below the national average.
$22.1
$884
$3,829
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Saginaw is not provided, it is generally assumed that salaries for Bookkeeping, Accounting, and Auditing Clerks have experienced modest growth over the past four years, mirroring national trends. Economic recovery and evolving business needs typically drive incremental increases in compensation for essential administrative and financial support roles.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Saginaw, MI
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Saginaw typically involves salary increases tied to experience and skill development. Entry-level positions may start at the lower end of the pay scale, while senior clerks with specialized knowledge or supervisory responsibilities can command significantly higher salaries. The percentile gaps in earnings reflect this clear career ladder, rewarding accumulated expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $32,790 | $15.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,463 | $16.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,320 | $21.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $57,438 | $27.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $61,360 | $29.5 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$45,950
Gross Pay
Real Wage (Purchasing Power)
$45,950
Adjusted for COL (100)
The average annual salary of $45,950 in Saginaw, MI, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Bookkeeping, Accounting, and Auditing Clerk's salary in Saginaw is equivalent to the national average, offering a stable financial standing relative to the rest of the country.
Job Market Context
720
Total Jobs
9.057
Per 1K Jobs
0.96
Location Quotient
Saginaw, MI has 0.96x 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.
With a Location Quotient of 0.96, the market for Bookkeeping, Accounting, and Auditing Clerks in Saginaw, MI, is neither significantly over- nor under-represented compared to the national average. This indicates a healthy and competitive job market where demand for these skills is consistent with the number of professionals available, suggesting steady employment opportunities without extreme saturation or scarcity.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
Comparing salaries near Saginaw, MI
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Saginaw, MI?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Saginaw, MI is $45,950. This typically ranges from $32,790 for entry-level positions to $61,360 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Saginaw, MI is 11.5% lower than the national median of $51,940.
Is Saginaw, MI a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not significantly more lucrative than the national average.While the salary of $45,950 is stable due to a Cost of Living Index of 100, it falls below the national average salary of $51,940 for the role.
Is Saginaw, MI a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Saginaw, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Saginaw, MI?
Some top paying nearby cities include Bay City, MI ($47,130) and Mid Michigan nonmetropolitan area.
How does Saginaw's salary for this role compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Saginaw, MI, is $45,950, which is $5,990 less than the national average of $51,940.
What is the concentration of Bookkeeping, Accounting, and Auditing Clerks in Saginaw?
Saginaw has a Location Quotient of 0.96 for these roles, indicating that the concentration of these professionals is very close to the national average.
Does the cost of living in Saginaw affect the salary?
The Cost of Living Index in Saginaw is 100, matching the national average. This means the $45,950 salary offers purchasing power equivalent to the national average, despite being below the national salary figure.
How many Bookkeeping, Accounting, and Auditing Clerk jobs are there per 1,000 workers in Saginaw?
There are approximately 9.057 jobs per 1,000 workers for Bookkeeping, Accounting, and Auditing Clerks in Saginaw, MI.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 720 employees in the Saginaw, MI area with a job density of 9.057 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 Saginaw, MI