Average Bookkeeping, Accounting, and Auditing Clerks Salary in Springfield, OH
In Springfield, OH, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $46,970. This figure is slightly below the national average of $51,940, a difference often attributable to regional economic factors and the specific demand within the local market. Understanding these localized pay scales is crucial for financial professionals.
Executive Summary
- Average Salary: $46,970 per year.
- Growth Trend: Salaries have shifted 17.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $65,500.
- Outlook: Springfield, OH supports a dedicated workforce of approximately 600 individuals in bookkeeping, accounting, and auditing clerk roles. With a Location Quotient of 1.35, this sector shows a concentration higher than the national average, indicating a robust local demand and a potentially stable job market for these professionals within the region.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Springfield, OH earns-9.6%below the national average.
$22.6
$903
$3,914
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Springfield, OH is not provided, it is generally assumed that salaries for Bookkeeping, Accounting, and Auditing Clerks have seen consistent growth over the past four years, mirroring national trends. This upward trajectory is driven by inflation, increasing demand for financial services, and the evolving complexity of accounting regulations.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Springfield, OH
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Springfield, OH, typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior clerks with specialized skills and years of experience can command salaries considerably higher than the average, reflecting their increased value and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $33,330 | $16 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $35,228 | $16.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,930 | $21.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $58,713 | $28.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $65,500 | $31.5 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$46,970
Gross Pay
Real Wage (Purchasing Power)
$46,970
Adjusted for COL (100)
The average annual salary of $46,970 in Springfield, OH aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary is equivalent to the national standard, offering a stable financial footing for professionals considering a move to or within the area.
Job Market Context
600
Total Jobs
12.703
Per 1K Jobs
1.35
Location Quotient
With a location quotient of 1.35, Springfield, OH has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
A Location Quotient of 1.35 for Bookkeeping, Accounting, and Auditing Clerks in Springfield, OH, signifies that this profession is more concentrated in the area than the national average. This suggests a healthy demand for these roles and potentially fewer professionals competing for each opening compared to national benchmarks, making it a favorable market for job seekers.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
Comparing salaries near Springfield, OH
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Springfield, OH?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Springfield, OH is $46,970. This typically ranges from $33,330 for entry-level positions to $65,500 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Springfield, OH is 9.6% lower than the national median of $51,940.
Is Springfield, OH 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 effective purchasing power comparable. The higher-than-average concentration of these roles indicates strong local demand.
Is Springfield, OH a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Springfield, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Springfield, OH?
Some top paying nearby cities include Dayton-Kettering-Beavercreek, OH ($50,100) and Columbus, OH.
How does the local salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Springfield, OH is $46,970, which is approximately $5,000 less than the national average of $51,940.
What is the significance of the Location Quotient (LQ) in Springfield, OH?
An LQ of 1.35 means that Bookkeeping, Accounting, and Auditing Clerk roles are 35% more concentrated in Springfield, OH, than the national average, indicating a stronger local industry presence and demand.
Does experience impact salary for these roles in Springfield, OH?
Yes, like most professions, experience significantly influences salary. Entry-level clerks will earn less, while senior clerks with extensive experience and specialized skills can expect higher compensation.
How does the cost of living affect the salary in Springfield, OH?
With a Cost of Living Index of 100, Springfield, OH, matches the national average. This means the $46,970 salary offers a purchasing power equivalent to the national standard, making it a stable financial environment.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 600 employees in the Springfield, OH area with a job density of 12.703 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, OH