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Average Bookkeeping, Accounting, and Auditing Clerks Salary in St. Cloud, MN

In St. Cloud, MN, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $52,630. This figure is slightly above the national average of $51,940, indicating a competitive compensation landscape in the region. Local economic factors and the specific demand within St. Cloud's business environment likely contribute to this favorable pay.

Executive Summary

  • Average Salary: $52,630 per year.
  • Growth Trend: Salaries have shifted 21.1% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $70,710.
  • Outlook: With a local workforce of 910 individuals in this role and a Location Quotient of 0.93, St. Cloud presents a stable, albeit slightly below national concentration, job market for bookkeeping, accounting, and auditing clerks. The presence of nearly 9 professionals per 1,000 workers suggests a consistent demand that supports the existing workforce, indicating a robust environment for these professionals.
2024 Market Data

Salary Overview

$52,630

The average Bookkeeping, Accounting, and Auditing Clerks in St. Cloud, MN earns+1.3%above the national average.

BreakdownBased on 40h/week
Hourly

$25.3

Weekly

$1,012

Monthly

$4,386

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in St. Cloud, MN

Career progression for Bookkeeping, Accounting, and Auditing Clerks in St. Cloud typically involves salary increases tied to experience and specialization. Entry-level positions will command lower salaries, while senior clerks with extensive experience and specialized skills, such as advanced auditing or complex accounting software proficiency, can expect significantly higher compensation, reflecting the value of their expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,950$17.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$39,473$19
ManagerOversees team, compliance, and project delivery.50% (Median)$49,420$23.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$65,788$31.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$70,710$34

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$52,630

Gross Pay

Real Wage (Purchasing Power)

$52,630

Adjusted for COL (100)

The average annual salary of $52,630 in St. Cloud, MN, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers a purchasing power equivalent to the national average, suggesting that the cost of living does not significantly erode the value of the earnings for these professionals in St. Cloud.

Job Market Context

910

Total Jobs

8.778

Per 1K Jobs

0.93

Location Quotient

Below Average

St. Cloud, MN has 0.93x 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 0.93 for Bookkeeping, Accounting, and Auditing Clerks in St. Cloud indicates that the concentration of these jobs is just slightly below the national average. This suggests a market that is neither oversaturated nor experiencing a significant shortage, offering a balanced environment for job seekers and employers alike, with opportunities likely to be consistent.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

CitySalaryDist.
Northwest Minnesota nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$50,580↓ 4%17 mi
Southeast Minnesota nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$50,090↓ 5%17 mi
Southwest Minnesota nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$50,630↓ 4%17 mi
Northeast Minnesota nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$48,440↓ 8%17 mi
Minneapolis-St. Paul-Bloomington, MN-WI Bookkeeping, Accounting, and Auditing Clerks Salary$55,920↑ 6%59 mi

Comparing salaries near St. Cloud, MN

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in St. Cloud, MN?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in St. Cloud, MN is $52,630. This typically ranges from $36,950 for entry-level positions to $70,710 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in St. Cloud, MN is 1.3% higher than the national median of $51,940.

Is St. Cloud, MN a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

Yes, St. Cloud, MN offers competitive compensation for these roles.The average salary of $52,630 slightly exceeds the national average, and the cost of living is on par with the national average, indicating good purchasing power for these professionals.

Is St. Cloud, MN a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in St. Cloud, MN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near St. Cloud, MN?

Some top paying nearby cities include Northwest Minnesota nonmetropolitan area ($50,580) and Southeast Minnesota nonmetropolitan area.

How does the St. Cloud salary compare to the national average?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in St. Cloud, MN is $52,630, which is slightly higher than the national average of $51,940.

What is the concentration of these jobs in St. Cloud?

St. Cloud has a Location Quotient of 0.93 for Bookkeeping, Accounting, and Auditing Clerks, meaning the concentration of these jobs is slightly below the national average.

How does the cost of living affect the salary in St. Cloud?

With a Cost of Living Index of 100, St. Cloud's cost of living is exactly at the national average. This means the $52,630 salary holds its value effectively compared to national standards.

What is the total number of Bookkeeping, Accounting, and Auditing Clerk jobs in St. Cloud?

There are approximately 910 Bookkeeping, Accounting, and Auditing Clerks employed in the St. Cloud, MN area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 910 employees in the St. Cloud, MN area with a job density of 8.778 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Bookkeeping, Accounting, and Auditing Clerks • Data source: BLS OEWS 2024 •Jobs in St. Cloud, MN