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

In the Southwest Virginia nonmetropolitan area, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $44,420. This figure is notably below the national average of $51,940, reflecting regional economic factors and the specific demand within this nonmetropolitan setting. The localized pay structure is a direct consequence of the area's economic landscape and the prevailing wage scales for administrative support roles.

Executive Summary

  • Average Salary: $44,420 per year.
  • Growth Trend: Salaries have shifted 35.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $59,030.
  • Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in Southwest Virginia appears stable, with a local workforce of 1,100 individuals in this role. The Location Quotient of 0.99 suggests a concentration of these jobs that is very close to the national average, indicating a consistent, albeit not exceptionally high, demand. With 9.35 jobs per 1,000 workers, the presence of these roles is well-established within the region's employment structure.
2024 Market Data

Salary Overview

$44,420

The average Bookkeeping, Accounting, and Auditing Clerks in Southwest Virginia nonmetropolitan area earns-14.5%below the national average.

BreakdownBased on 40h/week
Hourly

$21.4

Weekly

$854

Monthly

$3,702

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

Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a salary increase with experience. Entry-level positions will likely fall at the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command higher salaries. The percentile gaps in salary distribution signify the opportunities for advancement and increased earning potential as professionals develop their expertise and take on more complex responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$30,720$14.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$33,315$16
ManagerOversees team, compliance, and project delivery.50% (Median)$44,110$21.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$55,525$26.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$59,030$28.4

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$44,420

Gross Pay

Real Wage (Purchasing Power)

$44,420

Adjusted for COL (100)

The nominal average annual salary of $44,420 in Southwest Virginia aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of the salary in this region is equivalent to the national average. Therefore, individuals relocating to Southwest Virginia can expect their earnings to cover living expenses at a standard comparable to the rest of the country, without significant financial strain or advantage due to cost of living.

Job Market Context

1,100

Total Jobs

9.35

Per 1K Jobs

0.99

Location Quotient

Below Average

Southwest Virginia nonmetropolitan area has 0.99x the national average concentration of Bookkeeping, Accounting, and Auditing Clerks jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

With a Location Quotient of 0.99, the job market for Bookkeeping, Accounting, and Auditing Clerks in Southwest Virginia is neither significantly more nor less concentrated than the national average. This suggests a balanced market where the number of these professionals is proportionate to the overall workforce. The competition for roles is likely moderate, with opportunities available for qualified candidates without an oversupply or scarcity of talent.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

Comparing salaries near Southwest Virginia nonmetropolitan area

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

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

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Southwest Virginia nonmetropolitan area is $44,420. This typically ranges from $30,720 for entry-level positions to $59,030 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Virginia nonmetropolitan area is 14.5% lower than the national median of $51,940.

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

No, it is not exceptionally lucrative compared to national averages.The average salary of $44,420 is below the national average of $51,940, though the cost of living is on par nationally. This indicates that while expenses are average, the earning potential is somewhat diminished.

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

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

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

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

How does the local salary compare to the national average?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Southwest Virginia is $44,420, which is lower than the national average of $51,940.

What is the concentration of these jobs in Southwest Virginia?

The concentration, measured by the Location Quotient, is 0.99, indicating that the number of these jobs is very close to the national average relative to the total 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 $44,420 salary has purchasing power equivalent to the national average, despite being below the national salary average.

What is the total number of Bookkeeping, Accounting, and Auditing Clerk jobs in the area?

There are approximately 1,100 individuals employed as Bookkeeping, Accounting, and Auditing Clerks in the Southwest Virginia 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 1,100 employees in the Southwest Virginia nonmetropolitan area area with a job density of 9.35 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.