Average Bookkeeping, Accounting, and Auditing Clerks Salary in Salisbury, MD
In Salisbury, MD, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $51,380. This figure is slightly below the national average of $51,940, reflecting localized economic conditions and demand within the region. While the pay is comparable, understanding the nuances of the Salisbury job market is key for financial professionals.
Executive Summary
- Average Salary: $51,380 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $67,810.
- Outlook: With a total local workforce of 460 individuals in this role, Salisbury presents a moderately sized employment landscape for bookkeeping, accounting, and auditing clerks. The Location Quotient of 0.9 suggests a concentration of these roles that is nearly on par with the national average, indicating a stable, albeit not exceptionally high, demand for these essential financial positions.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Salisbury, MD earns-1.1%below the national average.
$24.7
$988
$4,282
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Salisbury's bookkeeping, accounting, and auditing clerk salaries over the past four years isn't provided, it's reasonable to assume a general upward trend mirroring national patterns. Economic growth and inflation typically drive salary increases across most sectors, suggesting that professionals in this field in Salisbury have likely seen modest but consistent wage appreciation.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Salisbury, MD
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Salisbury, as elsewhere, is typically marked by increasing salary potential. Entry-level positions will naturally command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to earn significantly more, potentially reaching the higher percentiles of the salary range. These percentile gaps are a clear indicator of the value placed on experience and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,260 | $17.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $38,535 | $18.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $48,900 | $23.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $64,225 | $30.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $67,810 | $32.6 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$51,380
Gross Pay
Real Wage (Purchasing Power)
$51,380
Adjusted for COL (100)
The average annual salary of $51,380 in Salisbury, MD, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a clerk's salary in Salisbury is directly comparable to the national average, offering a stable financial environment for residents without the premium often associated with higher cost-of-living areas.
Job Market Context
460
Total Jobs
8.491
Per 1K Jobs
0.9
Location Quotient
Salisbury, MD has 0.90x 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 0.9 for Bookkeeping, Accounting, and Auditing Clerks in Salisbury indicates that the concentration of these jobs is slightly below the national average. This suggests that while the profession is present and necessary, the market is not oversaturated, offering a balanced environment for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Lexington Park, MD Bookkeeping, Accounting, and Auditing Clerks Salary | $53,920↑ 5% | 47 mi |
| Dover, DE Bookkeeping, Accounting, and Auditing Clerks Salary | $46,820↓ 9% | 54 mi |
| Sussex Delaware nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary | $50,660↓ 1% | 65 mi |
| Maryland nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary | $50,400↓ 2% | 81 mi |
| Vineland, NJ Bookkeeping, Accounting, and Auditing Clerks Salary | $50,790↓ 1% | 82 mi |
Comparing salaries near Salisbury, MD
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Salisbury, MD?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Salisbury, MD is $51,380. This typically ranges from $37,260 for entry-level positions to $67,810 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Salisbury, MD is 1.1% lower than the national median of $51,940.
Is Salisbury, MD a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, Salisbury, MD offers a financially stable environment for Bookkeeping, Accounting, and Auditing Clerks.The average salary is nearly on par with the national average, and the cost of living is also at the national average, providing good purchasing power. The market is stable with a concentration close to the national average.
Is Salisbury, MD a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Salisbury, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Salisbury, MD?
Some top paying nearby cities include Lexington Park, MD ($53,920) and Dover, DE.
How does Salisbury's average salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Salisbury, MD is $51,380, which is slightly lower than the national average of $51,940.
What is the concentration of accounting clerks in Salisbury compared to the nation?
Salisbury has a Location Quotient of 0.9 for these roles, indicating a concentration that is 90% of the national average, suggesting a stable presence in the local job market.
Does the cost of living in Salisbury affect the salary?
No, the cost of living in Salisbury is exactly at the national average (100), meaning the $51,380 salary has the same purchasing power as the national average salary.
How many accounting clerk jobs are there per 1,000 workers in Salisbury?
There are approximately 8.491 jobs per 1,000 workers for Bookkeeping, Accounting, and Auditing Clerks in Salisbury, MD.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 460 employees in the Salisbury, MD area with a job density of 8.491 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 Salisbury, MD