Bookkeeping, Accounting, and Auditing Clerks in the Southwest Colorado nonmetropolitan area earn an average annual salary of $53,720, which is notably higher than the national average of $51,940. This localized premium is often driven by the specific economic landscape and demand dynamics within this region, reflecting a unique balance between workforce needs and compensation strategies.
Executive Summary
- Average Salary: $53,720 per year.
- Growth Trend: Salaries have shifted 37.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $74,990.
- Outlook: With a local workforce of 1,270 individuals in this role and a Location Quotient of 1.24, the Southwest Colorado nonmetropolitan area demonstrates a concentration of these professionals above the national average. This suggests a robust demand and a stable job market for bookkeeping, accounting, and auditing clerks, indicating a healthy environment for both current professionals and those seeking employment in the region.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Southwest Colorado nonmetropolitan area earns+3.4%above the national average.
$25.8
$1,033
$4,477
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in Southwest Colorado have experienced steady growth over the past four years, mirroring national trends. Economic factors such as inflation, increasing demand for financial services, and the need for skilled professionals likely contribute to a positive salary trajectory in this sector.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Southwest Colorado nonmetropolitan area
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a significant salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while senior clerks with specialized skills and extensive experience can command salaries well above the average. The percentile distribution of salaries in Southwest Colorado likely reflects these distinctions, with higher percentiles representing seasoned professionals who have honed their expertise over time.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,170 | $16.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $40,290 | $19.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $48,860 | $23.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $67,150 | $32.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $74,990 | $36.1 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$53,720
Gross Pay
Real Wage (Purchasing Power)
$53,720
Adjusted for COL (100)
The average annual salary of $53,720 in Southwest Colorado nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is equivalent to the national average, offering residents a stable financial standing relative to national benchmarks. While the salary is higher than the national average, the equivalent cost of living suggests that the increased earnings are primarily a reflection of local market demand rather than a significantly lower cost of living advantage.
Job Market Context
1,270
Total Jobs
11.738
Per 1K Jobs
1.24
Location Quotient
With a location quotient of 1.24, Southwest Colorado nonmetropolitan area has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
The Location Quotient of 1.24 for Bookkeeping, Accounting, and Auditing Clerks in Southwest Colorado nonmetropolitan area indicates a higher concentration of these jobs compared to the national average. This suggests that the job market in this region is more specialized and potentially more competitive for these roles, as there are more positions available relative to the overall workforce size than typically found nationwide.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Colorado Springs, CO Bookkeeping, Accounting, and Auditing Clerks Salary | $51,550↓ 4% | 32 mi |
| Denver-Aurora-Centennial, CO Bookkeeping, Accounting, and Auditing Clerks Salary | $59,270↑ 10% | 54 mi |
| Pueblo, CO Bookkeeping, Accounting, and Auditing Clerks Salary | $49,370↓ 8% | 66 mi |
| Boulder, CO Bookkeeping, Accounting, and Auditing Clerks Salary | $58,820↑ 9% | 67 mi |
| Greeley, CO Bookkeeping, Accounting, and Auditing Clerks Salary | $53,780↑ 0% | 98 mi |
Comparing salaries near Southwest Colorado nonmetropolitan area
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Southwest Colorado nonmetropolitan area?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Southwest Colorado nonmetropolitan area is $53,720. This typically ranges from $35,170 for entry-level positions to $74,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwest Colorado nonmetropolitan area is 3.4% higher than the national median of $51,940.
Is Southwest Colorado nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, with a salary exceeding the national average.The average salary of $53,720 is higher than the national average, and the cost of living is on par with the national average, indicating good earning potential.
Is Southwest Colorado nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Southwest Colorado nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwest Colorado nonmetropolitan area?
Some top paying nearby cities include Colorado Springs, CO ($51,550) and Denver-Aurora-Centennial, CO.
How does the total local workforce size impact job prospects?
A total local workforce of 1,270 suggests a moderately sized pool of professionals, indicating a stable but potentially competitive job market for Bookkeeping, Accounting, and Auditing Clerks in the Southwest Colorado nonmetropolitan area.
What does a Location Quotient of 1.24 signify?
A Location Quotient of 1.24 means that Bookkeeping, Accounting, and Auditing Clerks are 24% more concentrated in the Southwest Colorado nonmetropolitan area than the national average, suggesting higher demand or a specialized industry presence.
How does the Cost of Living Index of 100 affect the salary?
An index of 100 signifies that the cost of living in Southwest Colorado nonmetropolitan area is exactly average compared to the nation. Therefore, the higher nominal salary directly translates to equivalent purchasing power nationally.
What is the number of jobs per 1,000 workers for this role?
With 11.738 jobs per 1,000 workers, this indicates a solid presence of Bookkeeping, Accounting, and Auditing Clerk positions within the local economy, reflecting consistent employment opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,270 employees in the Southwest Colorado nonmetropolitan area area with a job density of 11.738 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 Southwest Colorado nonmetropolitan area