Average Bookkeeping, Accounting, and Auditing Clerks Salary in Toledo, OH
In Toledo, OH, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $49,460. This figure is slightly below the national average of $51,940, reflecting localized economic conditions and demand within the region. Factors such as the local industry mix and the cost of doing business in Toledo contribute to this pay differential.
Executive Summary
- Average Salary: $49,460 per year.
- Growth Trend: Salaries have shifted 18.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $65,510.
- Outlook: With a local workforce of 2,300 individuals in this field, Toledo demonstrates a stable presence for bookkeeping, accounting, and auditing clerks. The Location Quotient of 0.84 suggests that while the concentration is slightly below the national average, there is still a consistent demand for these essential financial roles within the Toledo metropolitan area.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Toledo, OH earns-4.8%below the national average.
$23.8
$951
$4,122
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Toledo is not provided, it is generally assumed that salaries for Bookkeeping, Accounting, and Auditing Clerks have seen modest growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for financial services, and the need for skilled professionals to manage complex financial data.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Toledo, OH
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Toledo typically involves a salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior clerks with specialized skills and years of experience can command salaries in the higher percentiles, reflecting a significant earning potential as expertise grows.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $34,730 | $16.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,095 | $17.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,700 | $22.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $61,825 | $29.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $65,510 | $31.5 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$49,460
Gross Pay
Real Wage (Purchasing Power)
$49,460
Adjusted for COL (100)
The average annual salary of $49,460 in Toledo, OH, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Toledo-based clerk's salary is equivalent to the national average, offering a stable financial standing relative to the rest of the country.
Job Market Context
2,300
Total Jobs
7.901
Per 1K Jobs
0.84
Location Quotient
Toledo, OH has 0.84x 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 0.84 indicates that Toledo has a slightly lower concentration of Bookkeeping, Accounting, and Auditing Clerks compared to the national average. This suggests a moderately competitive job market where demand is present but not overwhelmingly saturated, potentially offering good opportunities for qualified candidates.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Monroe, MI Bookkeeping, Accounting, and Auditing Clerks Salary | $48,430↓ 2% | 20 mi |
| Ann Arbor, MI Bookkeeping, Accounting, and Auditing Clerks Salary | $51,330↑ 4% | 43 mi |
| Sandusky, OH Bookkeeping, Accounting, and Auditing Clerks Salary | $47,220↓ 5% | 48 mi |
| Detroit-Warren-Dearborn, MI Bookkeeping, Accounting, and Auditing Clerks Salary | $52,810↑ 7% | 54 mi |
| Jackson, MI Bookkeeping, Accounting, and Auditing Clerks Salary | $47,470↓ 4% | 58 mi |
Comparing salaries near Toledo, OH
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Toledo, OH?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Toledo, OH is $49,460. This typically ranges from $34,730 for entry-level positions to $65,510 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Toledo, OH is 4.8% lower than the national median of $51,940.
Is Toledo, OH a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Moderately so.The average salary of $49,460 is close to the national average, and the cost of living is also at the national average, indicating a balanced financial landscape for these professionals.
Is Toledo, OH a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Toledo, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Toledo, OH?
Some top paying nearby cities include Monroe, MI ($48,430) and Ann Arbor, MI.
How does Toledo's salary for this role compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Toledo, OH is $49,460, which is slightly lower than the national average of $51,940.
What is the concentration of these jobs in Toledo?
The concentration, measured by the Location Quotient, is 0.84, indicating a slightly lower presence of these roles in Toledo compared to the national average.
How does the cost of living in Toledo affect salary perception?
With a Cost of Living Index of 100, Toledo's cost of living is exactly at the national average, meaning the $49,460 salary offers purchasing power equivalent to the national average.
What is the total number of Bookkeeping, Accounting, and Auditing Clerks in Toledo?
There are approximately 2,300 Bookkeeping, Accounting, and Auditing Clerks employed in the Toledo, OH area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,300 employees in the Toledo, OH area with a job density of 7.901 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 Toledo, OH