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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Salem, OR

Bookkeeping, Accounting, and Auditing Clerks in Salem, OR, earn an average annual salary of $54,810, surpassing the national average of $51,940. This higher compensation in Salem is influenced by a combination of local market demand and the specific economic landscape of the region, which supports a slightly elevated pay scale for these essential financial roles.

Executive Summary

  • Average Salary: $54,810 per year.
  • Growth Trend: Salaries have shifted 23.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $73,490.
  • Outlook: With a total local workforce of 2,230 individuals in this sector, Salem, OR, demonstrates a robust presence of accounting and bookkeeping professionals. The Location Quotient of 1.27 indicates a concentration of these roles that is 27% higher than the national average, suggesting a strong and potentially growing demand for skilled clerks in the local job market.
2024 Market Data

Salary Overview

$54,810

The average Bookkeeping, Accounting, and Auditing Clerks in Salem, OR earns+5.5%above the national average.

BreakdownBased on 40h/week
Hourly

$26.4

Weekly

$1,054

Monthly

$4,568

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Salem, OR

Career progression for Bookkeeping, Accounting, and Auditing Clerks in Salem, OR, is clearly reflected in salary differentials. Entry-level positions typically fall within the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles. These percentile gaps highlight the significant earning potential and career advancement opportunities available as one gains expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,980$18.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$41,108$19.8
ManagerOversees team, compliance, and project delivery.50% (Median)$51,700$24.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$68,513$32.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$73,490$35.3

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$54,810

Gross Pay

Real Wage (Purchasing Power)

$54,810

Adjusted for COL (100)

The average annual salary of $54,810 in Salem, OR, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, providing a stable financial footing for residents without the added pressure of a higher cost of living.

Job Market Context

2,230

Total Jobs

11.965

Per 1K Jobs

1.27

Location Quotient

Above Average

With a location quotient of 1.27, Salem, OR has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

Salem, OR, presents a job market for Bookkeeping, Accounting, and Auditing Clerks that is notably more concentrated than the national average, as indicated by a Location Quotient of 1.27. This suggests that while there are ample opportunities, the competition might be slightly more pronounced due to the higher density of professionals in the field.

Nearby Job Markets

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Salem, OR?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Salem, OR is $54,810. This typically ranges from $37,980 for entry-level positions to $73,490 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Salem, OR is 5.5% higher than the national median of $51,940.

Is Salem, OR a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

Yes, Salem, OR offers a slightly more lucrative environment for these professionals.The average salary is higher than the national average, and the cost of living is on par, meaning your earnings will stretch further locally.

Is Salem, OR a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

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

Where are the highest paying cities near Salem, OR?

Some top paying nearby cities include Albany, OR ($51,170) and Corvallis, OR.

How does Salem's average salary compare to the national average?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Salem, OR is $54,810, which is higher than the national average of $51,940.

What is the significance of the Location Quotient in Salem?

A Location Quotient of 1.27 means that Salem has a 27% higher concentration of Bookkeeping, Accounting, and Auditing Clerk jobs compared to the national average, indicating strong local demand.

How does the cost of living in Salem affect the salary?

Salem's Cost of Living Index is 100, matching the national average. This means the $54,810 salary has the same purchasing power as the national average salary in a typical U.S. city.

What is the total number of Bookkeeping, Accounting, and Auditing Clerks in Salem?

There are approximately 2,230 Bookkeeping, Accounting, and Auditing Clerks employed in Salem, OR.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,230 employees in the Salem, OR area with a job density of 11.965 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.