Bookkeeping, Accounting, and Auditing Clerks in the Southern Vermont nonmetropolitan area earn an average annual salary of $52,560, slightly surpassing the national average of $51,940. This favorable compensation is influenced by the region's specific economic landscape and the demand for skilled financial professionals within its unique market structure.
Executive Summary
- Average Salary: $52,560 per year.
- Growth Trend: Salaries have shifted 22.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $66,050.
- Outlook: With a local workforce of 1,070 individuals in this role and a Location Quotient of 1.34, the job market for Bookkeeping, Accounting, and Auditing Clerks in Southern Vermont indicates a concentration higher than the national average. This suggests a robust demand and a potentially stable job outlook for these professionals within the region.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Southern Vermont nonmetropolitan area earns+1.2%above the national average.
$25.3
$1,011
$4,380
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in Southern Vermont 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 need for updated accounting practices.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Southern Vermont nonmetropolitan area
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a salary increase with experience. Entry-level positions may start at lower percentiles, while senior clerks with specialized skills and extensive experience can command salaries in the higher percentiles, reflecting a significant earning potential throughout their career.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,360 | $17 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $39,420 | $19 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $51,410 | $24.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $65,700 | $31.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $66,050 | $31.8 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$52,560
Gross Pay
Real Wage (Purchasing Power)
$52,560
Adjusted for COL (100)
The average annual salary of $52,560 in Southern Vermont aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a clerk's salary in this region is equivalent to the national average, offering a stable financial standing without the premium often associated with higher cost-of-living areas.
Job Market Context
1,070
Total Jobs
12.673
Per 1K Jobs
1.34
Location Quotient
With a location quotient of 1.34, Southern Vermont nonmetropolitan area has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
A Location Quotient of 1.34 signifies that Bookkeeping, Accounting, and Auditing Clerk roles are 34% more concentrated in Southern Vermont than the national average. This indicates a relatively strong presence and potentially higher demand for these professionals compared to other occupations within the region, suggesting a competitive but accessible job market.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
Comparing salaries near Southern Vermont nonmetropolitan area
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Southern Vermont nonmetropolitan area?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Southern Vermont nonmetropolitan area is $52,560. This typically ranges from $35,360 for entry-level positions to $66,050 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southern Vermont nonmetropolitan area is 1.2% higher than the national median of $51,940.
Is Southern Vermont nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, it offers competitive compensation.The average salary slightly exceeds the national average, and the cost of living is on par with the national index, providing good purchasing power.
Is Southern Vermont nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Southern Vermont nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southern Vermont nonmetropolitan area?
Some top paying nearby cities include Burlington-South Burlington, VT ($55,040) and Glens Falls, NY.
How does the local workforce size impact job availability?
A local workforce of 1,070 suggests a substantial pool of professionals, which can indicate both a healthy job market with opportunities and potential competition for roles.
What does a Location Quotient of 1.34 mean for job seekers?
A Location Quotient above 1.0 means the occupation is more concentrated locally than nationally, suggesting a higher relative demand for these skills in Southern Vermont.
How does the cost of living affect the salary?
With a Cost of Living Index of 100, the $52,560 salary holds its value effectively, offering financial stability comparable to the national average.
Are there many accounting clerk jobs per 1,000 workers?
With 12.673 jobs per 1,000 workers, this indicates a significant presence of these roles within the local employment landscape.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,070 employees in the Southern Vermont nonmetropolitan area area with a job density of 12.673 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 Southern Vermont nonmetropolitan area