Average Bookkeeping, Accounting, and Auditing Clerks Salary in Staunton-Stuarts Draft, VA
In Staunton-Stuarts Draft, VA, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $47,420. This figure is slightly below the national average of $51,940, a common occurrence in regions with a lower cost of living or a different industry concentration. Local economic factors and the specific demand within the Staunton-Stuarts Draft area play a significant role in shaping this compensation.
Executive Summary
- Average Salary: $47,420 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $64,610.
- Outlook: The Staunton-Stuarts Draft area supports a local workforce of 450 individuals in bookkeeping, accounting, and auditing clerk roles. With a Location Quotient of 0.95, the concentration of these jobs is nearly on par with the national average, indicating a stable and present demand for these professionals within the local economy. The presence of nearly 9 jobs per 1,000 workers further underscores the consistent need for these essential financial support roles.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Staunton-Stuarts Draft, VA earns-8.7%below the national average.
$22.8
$912
$3,952
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Staunton-Stuarts Draft is not provided, it is generally observed that roles in bookkeeping, accounting, and auditing clerks have seen consistent salary growth over the past four years nationwide. This trend is typically driven by inflation, increasing demand for financial expertise, and the evolving complexity of financial regulations, suggesting a positive trajectory for compensation in this field locally as well.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Staunton-Stuarts Draft, VA
Career progression for Bookkeeping, Accounting, and Auditing Clerks is strongly tied to experience. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with specialized skills and a proven track record can command significantly higher earnings. The percentile gaps in salary clearly signify the career ladder, rewarding increased responsibility, expertise, and tenure within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $32,860 | $15.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $35,565 | $17.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $45,620 | $21.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $59,275 | $28.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $64,610 | $31.1 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$47,420
Gross Pay
Real Wage (Purchasing Power)
$47,420
Adjusted for COL (100)
The average annual salary of $47,420 in Staunton-Stuarts Draft, VA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that the cost of goods and services locally is neither a significant advantage nor a disadvantage compared to the rest of the country.
Job Market Context
450
Total Jobs
8.998
Per 1K Jobs
0.95
Location Quotient
Staunton-Stuarts Draft, VA has 0.95x 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 0.95, the Staunton-Stuarts Draft market for Bookkeeping, Accounting, and Auditing Clerks is very close to the national average in terms of job concentration. This suggests a balanced job market where the demand for these professionals is neither exceptionally high nor unusually low relative to other occupations. It indicates a steady, predictable employment landscape for those in this field.
Nearby Job Markets
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Comparing salaries near Staunton-Stuarts Draft, VA
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Staunton-Stuarts Draft, VA?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Staunton-Stuarts Draft, VA is $47,420. This typically ranges from $32,860 for entry-level positions to $64,610 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Staunton-Stuarts Draft, VA is 8.7% lower than the national median of $51,940.
Is Staunton-Stuarts Draft, VA a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not exceptionally lucrative compared to the national average.The average salary of $47,420 is below the national average of $51,940, though the cost of living is also at the national average, making the purchasing power comparable.
Is Staunton-Stuarts Draft, VA a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Staunton-Stuarts Draft, VA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Staunton-Stuarts Draft, VA?
Some top paying nearby cities include Harrisonburg, VA ($46,700) and Charlottesville, VA.
What is the average salary for Bookkeeping, Accounting, and Auditing Clerks in Staunton-Stuarts Draft, VA?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Staunton-Stuarts Draft, VA is $47,420.
How does the Staunton-Stuarts Draft salary compare to the national average?
The average salary in Staunton-Stuarts Draft ($47,420) is slightly lower than the national average ($51,940).
What is the Cost of Living Index in Staunton-Stuarts Draft, VA?
The Cost of Living Index in Staunton-Stuarts Draft, VA is 100, which is exactly the national average.
How concentrated are Bookkeeping, Accounting, and Auditing Clerk jobs in Staunton-Stuarts Draft, VA?
The concentration of these jobs, measured by the Location Quotient, is 0.95, which is very close to the national average of 1.0.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 450 employees in the Staunton-Stuarts Draft, VA area with a job density of 8.998 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 Staunton-Stuarts Draft, VA