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

In the Southern West Virginia nonmetropolitan area, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $40,460. This figure is notably below the national average of $51,940, reflecting regional economic factors and a potentially different demand structure for these essential financial roles. The specific economic landscape and industry concentration within this nonmetropolitan region significantly influence compensation levels.

Executive Summary

  • Average Salary: $40,460 per year.
  • Growth Trend: Salaries have shifted 20.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $55,140.
  • Outlook: The local job market for Bookkeeping, Accounting, and Auditing Clerks in Southern West Virginia is moderately concentrated, with a total workforce of approximately 900 individuals in this role. The location quotient of 1.27 suggests a slightly higher prevalence of these positions compared to the national average, indicating a stable, albeit not booming, demand within the region's economic framework.
2024 Market Data

Salary Overview

$40,460

The average Bookkeeping, Accounting, and Auditing Clerks in Southern West Virginia nonmetropolitan area earns-22.1%below the national average.

BreakdownBased on 40h/week
Hourly

$19.5

Weekly

$778

Monthly

$3,372

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

Career progression for Bookkeeping, Accounting, and Auditing Clerks in Southern West Virginia typically involves salary increases tied to experience and specialization. Entry-level positions will likely fall at the lower end of the pay scale, while senior clerks with extensive experience and advanced skills can command higher salaries, often reflected in the upper percentiles of the salary distribution, signifying significant career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$28,050$13.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$30,345$14.6
ManagerOversees team, compliance, and project delivery.50% (Median)$38,800$18.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$50,575$24.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$55,140$26.5

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$40,460

Gross Pay

Real Wage (Purchasing Power)

$40,460

Adjusted for COL (100)

The nominal average annual salary of $40,460 in Southern West Virginia aligns perfectly 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 cost of goods and services locally is not a significant detractor from the salary's value.

Job Market Context

900

Total Jobs

12.006

Per 1K Jobs

1.27

Location Quotient

Above Average

With a location quotient of 1.27, Southern West Virginia nonmetropolitan area has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

With a location quotient of 1.27, the job market for Bookkeeping, Accounting, and Auditing Clerks in Southern West Virginia is slightly more concentrated than the national average. This indicates a modestly higher demand or a greater number of these roles relative to the overall workforce compared to the rest of the country, suggesting a stable employment environment for professionals in this field.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

Comparing salaries near Southern West Virginia nonmetropolitan area

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

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

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Southern West Virginia nonmetropolitan area is $40,460. This typically ranges from $28,050 for entry-level positions to $55,140 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southern West Virginia nonmetropolitan area is 22.1% lower than the national median of $51,940.

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

No, not when compared to national averages.The average salary of $40,460 is significantly lower than the national average of $51,940. However, the cost of living is also at the national average, meaning the lower salary has equivalent purchasing power locally.

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

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

Where are the highest paying cities near Southern West Virginia nonmetropolitan area?

Some top paying nearby cities include Charlottesville, VA ($51,510) and Richmond, VA.

How does the local workforce size impact job prospects?

A local workforce of 900 in this role suggests a substantial presence, indicating consistent opportunities, though the nonmetropolitan nature might mean fewer large firms seeking these services.

What does a Location Quotient of 1.27 mean for job seekers?

A Location Quotient above 1.0 signifies that this occupation is more concentrated in Southern West Virginia than the national average, implying a slightly stronger local demand relative to other professions.

How does experience affect salary for Bookkeeping, Accounting, and Auditing Clerks in this region?

As with most professions, experience is a key driver of salary. Entry-level clerks will earn less, while those with several years of experience and specialized skills will command higher compensation, moving into the upper salary percentiles.

Is the cost of living a major factor for Bookkeeping, Accounting, and Auditing Clerks in Southern West Virginia?

With a Cost of Living Index of 100, the cost of living is average nationally. This means the $40,460 salary provides average purchasing power, making it neither exceptionally high nor low in terms of real value.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 900 employees in the Southern West Virginia nonmetropolitan area area with a job density of 12.006 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.