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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Southern Michigan nonmetropolitan area

In Southern Michigan's nonmetropolitan areas, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $47,530. This figure is slightly below the national average of $51,940, reflecting the economic dynamics and cost of living specific to non-urban regions. Localized demand and the overall economic structure of these areas play a significant role in shaping compensation for these essential financial roles.

Executive Summary

  • Average Salary: $47,530 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $63,590.
  • Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in Southern Michigan's nonmetropolitan areas appears stable, with a total local workforce of 1,190 individuals in this field. The Location Quotient of 0.94 suggests that the concentration of these roles is nearly on par with the national average, indicating a consistent, albeit not exceptionally high, demand for these professionals within the region.
2024 Market Data

Salary Overview

$47,530

The average Bookkeeping, Accounting, and Auditing Clerks in Southern Michigan nonmetropolitan area earns-8.5%below the national average.

BreakdownBased on 40h/week
Hourly

$22.9

Weekly

$914

Monthly

$3,961

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Southern Michigan nonmetropolitan area

Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a salary increase 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 the opportunities for career advancement and increased earning potential as professionals develop their expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$32,870$15.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$35,648$17.1
ManagerOversees team, compliance, and project delivery.50% (Median)$45,550$21.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$59,413$28.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$63,590$30.6

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$47,530

Gross Pay

Real Wage (Purchasing Power)

$47,530

Adjusted for COL (100)

The average annual salary of $47,530 in Southern Michigan's nonmetropolitan areas aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, suggesting that the nominal income provides a comparable standard of living to that found across the United States.

Job Market Context

1,190

Total Jobs

8.888

Per 1K Jobs

0.94

Location Quotient

Below Average

Southern Michigan nonmetropolitan area has 0.94x 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 0.94, the market for Bookkeeping, Accounting, and Auditing Clerks in Southern Michigan's nonmetropolitan areas is neither exceptionally concentrated nor scarce compared to the national landscape. This indicates a balanced job market where demand is present and steady, but perhaps not as robust as in areas with a higher concentration of financial services or larger business hubs.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

Comparing salaries near Southern Michigan nonmetropolitan area

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Southern Michigan nonmetropolitan area?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Southern Michigan nonmetropolitan area is $47,530. This typically ranges from $32,870 for entry-level positions to $63,590 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southern Michigan nonmetropolitan area is 8.5% lower than the national median of $51,940.

Is Southern Michigan nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

No, not exceptionally lucrative compared to the national average.While the average salary of $47,530 is stable and aligns with the national cost of living, it falls below the national average salary for the role. The market concentration is also very close to the national average, suggesting steady but not outstanding opportunities.

Is Southern Michigan nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in Southern Michigan nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southern Michigan nonmetropolitan area?

Some top paying nearby cities include Saginaw, MI ($45,950) and Bay City, MI.

How does the local salary compare to the national average?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Southern Michigan's nonmetropolitan areas is $47,530, which is approximately 8.5% lower than the national average of $51,940.

What is the concentration of these jobs in Southern Michigan's nonmetropolitan areas?

The Location Quotient is 0.94, indicating that the concentration of Bookkeeping, Accounting, and Auditing Clerk positions in this region is slightly lower than the national average.

How does the cost of living affect the salary?

The Cost of Living Index is 100, which is the national average. This means that the $47,530 salary in Southern Michigan's nonmetropolitan areas offers purchasing power equivalent to the national average.

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

There are approximately 1,190 Bookkeeping, Accounting, and Auditing Clerks employed in Southern Michigan's nonmetropolitan areas.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,190 employees in the Southern Michigan nonmetropolitan area area with a job density of 8.888 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.