Average Bookkeeping, Accounting, and Auditing Clerks Salary in Springfield, MO
In Springfield, MO, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $45,800. This figure is notably below the national average of $51,940, reflecting localized economic factors and demand within the Springfield market. The specific pay rates in this region are influenced by the overall economic landscape and the concentration of businesses requiring these essential financial roles.
Executive Summary
- Average Salary: $45,800 per year.
- Growth Trend: Salaries have shifted 31.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $60,310.
- Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in Springfield, MO, appears stable with a local workforce of 1,430 individuals in this role. The Location Quotient of 0.68 suggests a slightly lower concentration compared to the national average, indicating a moderate but not oversaturated demand for these professionals within the city.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Springfield, MO earns-11.8%below the national average.
$22
$881
$3,817
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Springfield, MO is not provided, it is reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks have seen gradual growth over the past four years, mirroring national trends. Economic recovery and the increasing complexity of financial regulations typically drive modest annual increases in compensation for these roles.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Springfield, MO
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Springfield, MO, typically involves a salary increase with experience. Entry-level positions may start at a lower percentile, while senior clerks with extensive experience and specialized skills can command salaries in the higher percentiles, reflecting a clear career trajectory and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $32,870 | $15.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,350 | $16.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,470 | $21.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $57,250 | $27.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $60,310 | $29 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$45,800
Gross Pay
Real Wage (Purchasing Power)
$45,800
Adjusted for COL (100)
With an average annual salary of $45,800 and a Cost of Living Index of 100, the nominal income in Springfield, MO, aligns precisely with the national average cost of living. This means that while the salary is below the national average for this role, the purchasing power of that salary is equivalent to the national average, suggesting a balanced financial environment for residents.
Job Market Context
1,430
Total Jobs
6.449
Per 1K Jobs
0.68
Location Quotient
Springfield, MO has 0.68x 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.
The Location Quotient of 0.68 for Bookkeeping, Accounting, and Auditing Clerks in Springfield, MO, indicates that this profession is less concentrated locally than the national average. This suggests that while there is a steady presence of these roles, the market is not saturated, potentially offering good opportunities for skilled individuals entering the workforce or seeking new positions.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Joplin, MO-KS Bookkeeping, Accounting, and Auditing Clerks Salary | $45,010↓ 2% | 67 mi |
| Fayetteville-Springdale-Rogers, AR Bookkeeping, Accounting, and Auditing Clerks Salary | $46,050↑ 1% | 91 mi |
Comparing salaries near Springfield, MO
Hiring Bookkeeping, Accounting, and Auditing Clerkss?
Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Springfield, MO?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Springfield, MO is $45,800. This typically ranges from $32,870 for entry-level positions to $60,310 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Springfield, MO is 11.8% lower than the national median of $51,940.
Is Springfield, MO a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not particularly lucrative compared to national averages.The average salary of $45,800 is below the national average, although the cost of living is also at the national average, making the purchasing power equivalent.
Is Springfield, MO a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Springfield, MO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Springfield, MO?
Some top paying nearby cities include Joplin, MO-KS ($45,010) and Fayetteville-Springdale-Rogers, AR.
How does the Springfield, MO salary compare to the national average?
Bookkeeping, Accounting, and Auditing Clerks in Springfield, MO, earn an average of $45,800 annually, which is lower than the national average of $51,940.
What is the Cost of Living in Springfield, MO?
Springfield, MO has a Cost of Living Index of 100, which is exactly the national average.
How many Bookkeeping, Accounting, and Auditing Clerks are there in Springfield, MO?
There are approximately 1,430 Bookkeeping, Accounting, and Auditing Clerks employed in Springfield, MO.
Is the job market for Bookkeeping, Accounting, and Auditing Clerks competitive in Springfield, MO?
With a Location Quotient of 0.68, the market is less concentrated than the national average, suggesting moderate competition and potential opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,430 employees in the Springfield, MO area with a job density of 6.449 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 Springfield, MO