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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Southwest Montana nonmetropolitan area

In the Southwest Montana nonmetropolitan area, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $44,670. This figure is notably below the national average of $51,940, reflecting the unique economic landscape and potentially lower demand or cost structures prevalent in nonmetropolitan regions compared to national urban centers.

Executive Summary

  • Average Salary: $44,670 per year.
  • Growth Trend: Salaries have shifted 11.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $59,230.
  • Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in Southwest Montana appears moderately robust, with a total local workforce of 570 professionals. The Location Quotient of 1.56 indicates a concentration of these roles that is 56% higher than the national average, suggesting a specialized demand within the region that supports a stable employment environment for these essential financial support roles.
2024 Market Data

Salary Overview

$44,670

The average Bookkeeping, Accounting, and Auditing Clerks in Southwest Montana nonmetropolitan area earns-14.0%below the national average.

BreakdownBased on 40h/week
Hourly

$21.5

Weekly

$859

Monthly

$3,723

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Southwest Montana nonmetropolitan area

Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a significant salary increase with experience. Entry-level positions might hover around the lower percentiles, while senior clerks with extensive experience and specialized skills can command salaries in the higher percentiles, often exceeding the average. The gap between entry-level and senior roles signifies substantial career development and earning potential within this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$29,670$14.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$33,503$16.1
ManagerOversees team, compliance, and project delivery.50% (Median)$44,090$21.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$55,838$26.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$59,230$28.5

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$44,670

Gross Pay

Real Wage (Purchasing Power)

$44,670

Adjusted for COL (100)

The nominal average annual salary of $44,670 in Southwest Montana aligns precisely 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 lower nominal wage is balanced by a comparable cost of living.

Job Market Context

570

Total Jobs

14.752

Per 1K Jobs

1.56

Location Quotient

Major Hub

Southwest Montana nonmetropolitan area has 1.6x the national concentration of Bookkeeping, Accounting, and Auditing Clerks jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

With a Location Quotient of 1.56, Southwest Montana exhibits a higher concentration of Bookkeeping, Accounting, and Auditing Clerk positions relative to its overall workforce compared to the national average. This suggests that while the absolute number of jobs might be modest, the profession is more prevalent and potentially more in demand within this specific nonmetropolitan region, indicating a competitive but accessible market.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

Comparing salaries near Southwest Montana nonmetropolitan area

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Southwest Montana nonmetropolitan area?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Southwest Montana nonmetropolitan area is $44,670. This typically ranges from $29,670 for entry-level positions to $59,230 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Montana nonmetropolitan area is 14.0% lower than the national median of $51,940.

Is Southwest Montana nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

No, not compared to the national average.The average salary of $44,670 is significantly lower than the national average of $51,940. However, the cost of living is also at the national average, meaning purchasing power is comparable.

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

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

Where are the highest paying cities near Southwest Montana nonmetropolitan area?

Some top paying nearby cities include Great Falls, MT ($44,600) and Helena, MT.

How does the number of Bookkeeping, Accounting, and Auditing Clerks compare nationally?

With 14.752 jobs per 1,000 workers, this role is more concentrated in Southwest Montana than the national average, indicating a specialized regional demand.

What is the significance of the Location Quotient (LQ) of 1.56?

An LQ of 1.56 means that the concentration of Bookkeeping, Accounting, and Auditing Clerks in Southwest Montana is 56% higher than the national average, suggesting a stronger presence of this profession in the region.

How does the cost of living affect the salary in Southwest Montana?

The cost of living index is 100, which is the national average. This means the $44,670 salary has the same purchasing power as the national average salary, despite being lower in nominal terms.

What is the total number of Bookkeeping, Accounting, and Auditing Clerks in Southwest Montana?

There are approximately 570 Bookkeeping, Accounting, and Auditing Clerks employed in the Southwest Montana 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 570 employees in the Southwest Montana nonmetropolitan area area with a job density of 14.752 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.