In the Southwest Maine nonmetropolitan area, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $49,400. This figure is slightly below the national average of $51,940, reflecting a common trend where nonmetropolitan regions may offer compensation adjustments compared to larger urban centers. Local economic factors and the specific demand within this region contribute to this salary level.
Executive Summary
- Average Salary: $49,400 per year.
- Growth Trend: Salaries have shifted 26.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $62,510.
- Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in Southwest Maine appears robust, with a total local workforce of 1,810 individuals in this role. The location quotient of 1.35 indicates a higher concentration of these jobs compared to the national average, suggesting a sustained demand and a potentially stable employment landscape for professionals in this field within the region.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Southwest Maine nonmetropolitan area earns-4.9%below the national average.
$23.8
$950
$4,117
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 Southwest Maine have experienced gradual growth over the past four years, mirroring national trends. Economic recovery, inflation, and increasing demand for financial services typically drive modest annual increases in compensation for these essential roles.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Southwest Maine nonmetropolitan area
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a salary scale that increases with experience. Entry-level positions often start at the lower end of the pay scale, while senior clerks with specialized skills and extensive experience can command salaries significantly higher than the average. The percentile gaps in salary distribution signify clear opportunities for advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,030 | $17.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,050 | $17.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,140 | $22.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $61,750 | $29.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $62,510 | $30.1 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$49,400
Gross Pay
Real Wage (Purchasing Power)
$49,400
Adjusted for COL (100)
The average annual salary of $49,400 in Southwest Maine aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is comparable to the national average, suggesting that the nominal income effectively translates to a similar standard of living as experienced elsewhere in the country. This parity in cost of living can make relocation financially neutral.
Job Market Context
1,810
Total Jobs
12.73
Per 1K Jobs
1.35
Location Quotient
With a location quotient of 1.35, Southwest Maine 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 1.35, Southwest Maine exhibits a notable concentration of Bookkeeping, Accounting, and Auditing Clerk positions relative to its overall workforce size when compared to the national average. This suggests that the job market in this nonmetropolitan area is more specialized in this profession than the typical U.S. region, potentially indicating a competitive but also opportunity-rich environment for skilled individuals.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Bangor, ME Bookkeeping, Accounting, and Auditing Clerks Salary | $50,250↑ 2% | 31 mi |
| Lewiston-Auburn, ME Bookkeeping, Accounting, and Auditing Clerks Salary | $51,000↑ 3% | 57 mi |
| Portland-South Portland, ME Bookkeeping, Accounting, and Auditing Clerks Salary | $54,660↑ 11% | 83 mi |
Comparing salaries near Southwest Maine nonmetropolitan area
Hiring Bookkeeping, Accounting, and Auditing Clerkss?
Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Southwest Maine nonmetropolitan area?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Southwest Maine nonmetropolitan area is $49,400. This typically ranges from $36,030 for entry-level positions to $62,510 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwest Maine nonmetropolitan area is 4.9% lower than the national median of $51,940.
Is Southwest Maine nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, it offers competitive compensation relative to its cost of living.While the average salary is slightly below the national average, the cost of living is also at the national average, making the purchasing power comparable. The higher concentration of these roles suggests good job availability.
Is Southwest Maine nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Southwest Maine nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwest Maine nonmetropolitan area?
Some top paying nearby cities include Bangor, ME ($50,250) and Lewiston-Auburn, ME.
How does the local salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Southwest Maine is $49,400, which is slightly lower than the national average of $51,940.
What is the concentration of these jobs in Southwest Maine?
The Location Quotient is 1.35, indicating that these jobs are 35% more concentrated in Southwest Maine than the national average, suggesting a higher demand relative to the workforce.
How does the cost of living affect the salary?
The Cost of Living Index is 100, which is the national average. This means the $49,400 salary has the same purchasing power as the national average salary.
What is the total number of these jobs in the area?
There are approximately 1,810 Bookkeeping, Accounting, and Auditing Clerk positions in the Southwest Maine nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,810 employees in the Southwest Maine nonmetropolitan area area with a job density of 12.73 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 Maine nonmetropolitan area