Average Bookkeeping, Accounting, and Auditing Clerks Salary in South Dakota
Bookkeeping, accounting, and auditing clerks in South Dakota earn an average annual salary of $44,660. This figure is notably below the national average of $51,940, reflecting regional economic factors and the specific demand within the state's financial sector. The concentration of these roles and the overall economic landscape in South Dakota contribute to this salary differential.
Executive Summary
- Average Salary: $44,660 per year.
- Growth Trend: Salaries have shifted 25.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $57,130.
- Outlook: With a total local workforce of 9,830 individuals in these roles, South Dakota demonstrates a significant presence of bookkeeping, accounting, and auditing clerks. The Location Quotient of 2.3 indicates that these positions are more than twice as concentrated in South Dakota compared to the national average, suggesting a robust and potentially growing demand for these professionals within the state.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in South Dakota earns-14.0%below the national average.
$21.5
$859
$3,722
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for South Dakota is not provided, it is generally assumed that salaries for bookkeeping, accounting, and auditing clerks have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for financial services, and the evolving complexity of accounting regulations, leading to a gradual upward adjustment in compensation across the profession.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in South Dakota
Salary progression for bookkeeping, accounting, and auditing clerks in South Dakota typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in earnings clearly signify career advancement opportunities, rewarding accumulated expertise and responsibility within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $33,580 | $16.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $33,495 | $16.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,780 | $21.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $55,825 | $26.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $57,130 | $27.5 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$44,660
Gross Pay
Real Wage (Purchasing Power)
$48,649
Adjusted for COL (91.8)
The average annual salary of $44,660 in South Dakota presents a favorable financial picture when considered against the state's Cost of Living Index of 91.8. Since this index is below the national average of 100, the nominal salary offers a relatively strong purchasing power, meaning that the cost of goods and services is lower than the national standard, allowing for a comfortable standard of living.
Job Market Context
9,830
Total Jobs
21.71
Per 1K Jobs
2.3
Location Quotient
South Dakota has 2.3x the national concentration of Bookkeeping, Accounting, and Auditing Clerks jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
South Dakota's Location Quotient of 2.3 for bookkeeping, accounting, and auditing clerks signifies a substantial concentration of these roles relative to the national average. This indicates a market where these professionals are in higher demand per capita than in many other states, suggesting a competitive environment for employers seeking talent and potentially favorable opportunities for job seekers.
Nearby Job Markets
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in South Dakota?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in South Dakota is $44,660. This typically ranges from $33,580 for entry-level positions to $57,130 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in South Dakota is 14.0% lower than the national median of $51,940.
Is South Dakota a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, with a caveat regarding national averages.While the average salary is below the national average, the lower cost of living in South Dakota enhances the purchasing power of the $44,660 salary. The high concentration of these roles (LQ of 2.3) also suggests strong local demand.
Is South Dakota a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
With a Cost of Living Index of 91.8 (lower than the national average of 100), your salary goes further here.
How does South Dakota's average salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in South Dakota is $44,660, which is lower than the national average of $51,940.
What is the concentration of bookkeeping jobs in South Dakota?
South Dakota has a Location Quotient of 2.3 for these roles, meaning they are more than twice as concentrated as the national average, indicating a higher relative demand.
How does the cost of living in South Dakota affect salary perception?
With a Cost of Living Index of 91.8 (below the national average of 100), the $44,660 salary in South Dakota offers better purchasing power than it might in a higher cost-of-living state.
What does the total workforce number suggest about the job market?
A total local workforce of 9,830 in these roles indicates a substantial and established presence of bookkeeping, accounting, and auditing clerks in South Dakota.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 9,830 employees in the South Dakota area with a job density of 21.71 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 South Dakota