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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Salt Lake City-Murray, UT

In Salt Lake City-Murray, UT, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $51,820. This figure is remarkably close to the national average of $51,940, indicating a stable and competitive compensation landscape. Local economic factors and the specific demand within the region contribute to this pay rate, aligning closely with broader U.S. trends.

Executive Summary

  • Average Salary: $51,820 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $70,110.
  • Outlook: The Salt Lake City-Murray area supports a substantial workforce of 6,800 individuals in bookkeeping, accounting, and auditing roles. With a Location Quotient of 0.88, the concentration of these professionals is slightly below the national average, suggesting a healthy but not oversaturated job market. The rate of 8.332 jobs per 1,000 workers indicates a consistent presence and demand for these essential financial services within the local economy.
2024 Market Data

Salary Overview

$51,820

The average Bookkeeping, Accounting, and Auditing Clerks in Salt Lake City-Murray, UT earns-0.2%below the national average.

BreakdownBased on 40h/week
Hourly

$24.9

Weekly

$997

Monthly

$4,318

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Salt Lake City-Murray, UT

Salary progression for Bookkeeping, Accounting, and Auditing Clerks in Salt Lake City-Murray, UT, is significantly influenced by experience. Entry-level positions typically command lower salaries, often falling in the lower percentiles, while senior clerks with extensive experience and specialized skills can expect to earn in the higher percentiles. The widening gap between entry-level and senior-level salaries reflects the value placed on expertise and proven performance in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,810$17.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$38,865$18.7
ManagerOversees team, compliance, and project delivery.50% (Median)$49,720$23.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$64,775$31.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$70,110$33.7

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$51,820

Gross Pay

Real Wage (Purchasing Power)

$51,820

Adjusted for COL (100)

The average annual salary of $51,820 in Salt Lake City-Murray, UT, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of this salary is directly comparable to the national average, offering residents a stable financial footing without significant cost-of-living adjustments needed for nominal salary comparisons.

Job Market Context

6,800

Total Jobs

8.332

Per 1K Jobs

0.88

Location Quotient

Below Average

Salt Lake City-Murray, UT has 0.88x 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 0.88, the Salt Lake City-Murray market for Bookkeeping, Accounting, and Auditing Clerks is slightly less concentrated than the national average. This suggests that while the profession is well-established, there may be opportunities for growth and less intense competition compared to areas with higher LQs, potentially benefiting job seekers and those looking to establish a presence 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 Salt Lake City-Murray, UT?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Salt Lake City-Murray, UT is $51,820. This typically ranges from $35,810 for entry-level positions to $70,110 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Salt Lake City-Murray, UT is 0.2% lower than the national median of $51,940.

Is Salt Lake City-Murray, UT a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

Yes, it offers competitive compensation.The average salary of $51,820 is on par with the national average, and the cost of living is also at the national average, indicating good earning potential.

Is Salt Lake City-Murray, UT a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in Salt Lake City-Murray, UT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Salt Lake City-Murray, UT?

Some top paying nearby cities include Ogden, UT ($48,420) and Provo-Orem-Lehi, UT.

How does the local salary compare to the national average?

The average salary of $51,820 in Salt Lake City-Murray, UT, is very close to the national average of $51,940, indicating comparable earning potential.

What is the cost of living in Salt Lake City-Murray, UT?

The cost of living in Salt Lake City-Murray, UT, is exactly at the national average, indexed at 100, meaning your salary's purchasing power is standard.

How many Bookkeeping, Accounting, and Auditing Clerk jobs are there in Salt Lake City-Murray, UT?

There are approximately 6,800 individuals employed in these roles locally, with 8.332 jobs per 1,000 workers.

Is the job market for Bookkeeping, Accounting, and Auditing Clerks strong in Salt Lake City-Murray, UT?

The market is stable with a Location Quotient of 0.88, indicating a solid presence of these roles without being overly saturated compared to national averages.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,800 employees in the Salt Lake City-Murray, UT area with a job density of 8.332 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.