In the South Arkansas nonmetropolitan area, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $42,320. This figure falls below the national average of $51,940, a common trend in regions with a lower cost of living and potentially fewer large corporate entities driving higher compensation benchmarks.
Executive Summary
- Average Salary: $42,320 per year.
- Growth Trend: Salaries have shifted 27.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $56,240.
- Outlook: With a local workforce of 980 individuals in this sector, the concentration, indicated by a Location Quotient of 0.87, suggests a slightly lower presence of these roles compared to the national average. While not indicating a shortage, this level of concentration implies a stable, albeit not booming, job market for bookkeeping professionals in the region.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in South Arkansas nonmetropolitan area earns-18.5%below the national average.
$20.4
$814
$3,527
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for this precise nonmetropolitan area isn't provided, it's reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in South Arkansas have seen gradual growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for financial services, and the need to retain skilled professionals.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in South Arkansas nonmetropolitan area
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command salaries significantly higher than the average. The percentile gaps in salary distributions highlight these opportunities for advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $28,260 | $13.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $31,740 | $15.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $40,050 | $19.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $52,900 | $25.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $56,240 | $27 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$42,320
Gross Pay
Real Wage (Purchasing Power)
$42,320
Adjusted for COL (100)
The nominal average annual salary of $42,320 in South Arkansas aligns precisely with the national average Cost of Living Index of 100. This means that while the take-home pay is lower than the national average, the purchasing power of that salary is equivalent to the national average, suggesting that the lower nominal wage is balanced by the local cost of goods and services.
Job Market Context
980
Total Jobs
8.186
Per 1K Jobs
0.87
Location Quotient
South Arkansas nonmetropolitan area has 0.87x 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 0.87 indicates that Bookkeeping, Accounting, and Auditing Clerk roles are slightly less concentrated in the South Arkansas nonmetropolitan area than the national average. This suggests a moderately competitive market where demand is present but not overwhelmingly high, offering a stable environment for professionals seeking employment in this field.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Little Rock-North Little Rock-Conway, AR Bookkeeping, Accounting, and Auditing Clerks Salary | $46,880↑ 11% | 17 mi |
| Hot Springs, AR Bookkeeping, Accounting, and Auditing Clerks Salary | $40,680↓ 4% | 51 mi |
Comparing salaries near South Arkansas nonmetropolitan area
Hiring Bookkeeping, Accounting, and Auditing Clerkss?
Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in South Arkansas nonmetropolitan area?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in South Arkansas nonmetropolitan area is $42,320. This typically ranges from $28,260 for entry-level positions to $56,240 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in South Arkansas nonmetropolitan area is 18.5% lower than the national median of $51,940.
Is South Arkansas nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, it is not considered highly lucrative compared to national standards.The average salary of $42,320 is notably lower than the national average, although the cost of living is also at the national average, balancing purchasing power.
Is South Arkansas nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in South Arkansas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near South Arkansas nonmetropolitan area?
Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($46,880) and Hot Springs, AR.
How does the local workforce size affect job prospects?
A local workforce of 980 in this field indicates a substantial pool of professionals, suggesting a stable job market but potentially higher competition for open positions.
What does a Location Quotient of 0.87 mean for job seekers?
A Location Quotient below 1.0 signifies that the occupation is less concentrated locally than nationally, implying steady but not exceptionally high demand for these roles.
How does the Cost of Living Index impact the salary?
With a Cost of Living Index of 100, the $42,320 salary has the same purchasing power as the national average salary, meaning expenses are comparable to the national average.
Are there opportunities for career growth in this role in South Arkansas?
Yes, like most fields, experience typically leads to higher salaries, with senior clerks earning more than entry-level positions, reflecting standard career progression.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 980 employees in the South Arkansas nonmetropolitan area area with a job density of 8.186 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Bookkeeping, Accounting, and Auditing Clerks Salaries by State
Top Jobs in South Arkansas nonmetropolitan area
- All Occupations Salary in South Arkansas nonmetropolitan area
- Production Occupations Salary in South Arkansas nonmetropolitan area
- Office and Administrative Support Occupations Salary in South Arkansas nonmetropolitan area
- Transportation and Material Moving Occupations Salary in South Arkansas nonmetropolitan area
- Sales and Related Occupations Salary in South Arkansas nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in South Arkansas nonmetropolitan area
- Educational Instruction and Library Occupations Salary in South Arkansas nonmetropolitan area
- Management Occupations Salary in South Arkansas nonmetropolitan area
- Installation, Maintenance, and Repair Occupations Salary in South Arkansas nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in South Arkansas nonmetropolitan area
- Browse All Jobs in South Arkansas nonmetropolitan area →
Semantic Salary Analysis for Bookkeeping, Accounting, and Auditing Clerks • Data source: BLS OEWS 2024 •Jobs in South Arkansas nonmetropolitan area