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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Spartanburg, SC

In Spartanburg, SC, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $47,920. This figure is slightly below the national average of $51,940, reflecting localized economic conditions and demand within the region. While the nominal pay is lower, understanding the cost of living is crucial for a complete financial picture.

Executive Summary

  • Average Salary: $47,920 per year.
  • Growth Trend: Salaries have shifted 9.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $64,600.
  • Outlook: With a local workforce of 1,270 individuals in this sector and a Location Quotient of 0.82, Spartanburg presents a stable, albeit slightly less concentrated, job market for bookkeeping, accounting, and auditing clerks compared to national averages. The presence of nearly 8 professionals per 1,000 workers indicates a consistent demand for these essential financial roles within the local economy.
2024 Market Data

Salary Overview

$47,920

The average Bookkeeping, Accounting, and Auditing Clerks in Spartanburg, SC earns-7.7%below the national average.

BreakdownBased on 40h/week
Hourly

$23

Weekly

$922

Monthly

$3,993

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Spartanburg, SC

Career progression for Bookkeeping, Accounting, and Auditing Clerks in Spartanburg, SC, typically involves a 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 significantly higher salaries, often reaching into the upper percentiles of the local pay range, reflecting their increased value and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$31,430$15.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$35,940$17.3
ManagerOversees team, compliance, and project delivery.50% (Median)$47,180$22.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$59,900$28.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$64,600$31.1

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$47,920

Gross Pay

Real Wage (Purchasing Power)

$47,920

Adjusted for COL (100)

The average annual salary of $47,920 in Spartanburg, SC, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Spartanburg-based clerk's salary is equivalent to that of a clerk earning the national average in a location with a national average cost of living, offering a stable financial foundation.

Job Market Context

1,270

Total Jobs

7.762

Per 1K Jobs

0.82

Location Quotient

Below Average

Spartanburg, SC has 0.82x 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.

A Location Quotient of 0.82 suggests that Spartanburg, SC, has a slightly lower concentration of Bookkeeping, Accounting, and Auditing Clerks relative to the national average. This indicates that while the profession is present and necessary, the market may be less saturated than in other, more heavily concentrated metropolitan areas, potentially offering good opportunities for skilled professionals.

Nearby Job Markets

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Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Spartanburg, SC?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Spartanburg, SC is $47,920. This typically ranges from $31,430 for entry-level positions to $64,600 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Spartanburg, SC is 7.7% lower than the national median of $51,940.

Is Spartanburg, SC a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

No, but it offers stable value.The average salary of $47,920 is below the national average, but the cost of living is also at the national average, making the nominal salary hold its value.

Is Spartanburg, SC a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in Spartanburg, SC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Spartanburg, SC?

Some top paying nearby cities include Greenville-Anderson-Greer, SC ($48,950) and Asheville, NC.

How does Spartanburg's average salary compare to the national average?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Spartanburg, SC is $47,920, which is approximately $4,020 less than the national average of $51,940.

What is the Cost of Living in Spartanburg, SC?

Spartanburg, SC has a Cost of Living Index of 100, which is exactly the national average. This means that the general cost of goods and services is comparable to the rest of the United States.

How many Bookkeeping, Accounting, and Auditing Clerks are there in Spartanburg, SC?

There are approximately 1,270 Bookkeeping, Accounting, and Auditing Clerks employed in Spartanburg, SC, representing 7.762 jobs per 1,000 workers.

Is the job market for clerks competitive in Spartanburg?

With a Location Quotient of 0.82, the market is slightly less concentrated than the national average, suggesting a moderately competitive environment with steady demand for skilled professionals.

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 Spartanburg, SC area with a job density of 7.762 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.