Average Bookkeeping, Accounting, and Auditing Clerks Salary in Trenton-Princeton, NJ
Bookkeeping, Accounting, and Auditing Clerks in the Trenton-Princeton, NJ area earn an average annual salary of $56,230. This figure notably surpasses the national average of $51,940, indicating a premium for these roles within this specific metropolitan region. The localized economic factors and demand within Trenton-Princeton contribute to this elevated compensation.
Executive Summary
- Average Salary: $56,230 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $74,770.
- Outlook: With a local workforce of 1,800 individuals in this sector, and a Location Quotient of 0.8, the Trenton-Princeton area shows a slightly below-average concentration of these roles compared to the national landscape. While not a hub of extreme concentration, the presence of 7.541 jobs per 1,000 workers suggests a stable and consistent demand for bookkeeping, accounting, and auditing clerks.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Trenton-Princeton, NJ earns+8.3%above the national average.
$27
$1,081
$4,686
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for the Trenton-Princeton area is not provided, it is generally assumed that salaries for Bookkeeping, Accounting, and Auditing Clerks have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for financial services, and the evolving complexity of accounting regulations.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Trenton-Princeton, NJ
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command salaries significantly above the average. The percentile gaps in salary distribution clearly signify opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,220 | $18.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $42,173 | $20.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $55,690 | $26.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $70,288 | $33.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $74,770 | $35.9 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$56,230
Gross Pay
Real Wage (Purchasing Power)
$56,230
Adjusted for COL (100)
The average annual salary of $56,230 in Trenton-Princeton aligns perfectly with the national Cost of Living Index of 100. This means that the nominal salary holds its purchasing power directly in line with the national average, offering no significant advantage or disadvantage in terms of real income when relocating to this area.
Job Market Context
1,800
Total Jobs
7.541
Per 1K Jobs
0.8
Location Quotient
Trenton-Princeton, NJ has 0.80x 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 0.8 suggests that the Trenton-Princeton area has a slightly lower concentration of Bookkeeping, Accounting, and Auditing Clerks compared to the national average. This indicates a moderately competitive job market, where demand is present but not overwhelmingly saturated, potentially offering good opportunities for skilled professionals.
Nearby Job Markets
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Trenton-Princeton, NJ?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Trenton-Princeton, NJ is $56,230. This typically ranges from $39,220 for entry-level positions to $74,770 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Trenton-Princeton, NJ is 8.3% higher than the national median of $51,940.
Is Trenton-Princeton, NJ a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, it is slightly more lucrative than the national average.The average salary of $56,230 is higher than the national average of $51,940, and the cost of living is on par with the national average, making it a financially favorable location.
Is Trenton-Princeton, NJ a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Trenton-Princeton, NJ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Trenton-Princeton, NJ?
Some top paying nearby cities include Philadelphia-Camden-Wilmington, PA-NJ-DE-MD ($54,340) and Allentown-Bethlehem-Easton, PA-NJ.
How does the local workforce size impact job availability?
A local workforce of 1,800 suggests a substantial pool of professionals in this field within the Trenton-Princeton area, indicating a mature market with consistent opportunities.
What does a Location Quotient of 0.8 mean for job seekers?
A Location Quotient of 0.8 implies that while the profession is present, it's not as concentrated as the national average, suggesting a balanced job market with potential for skilled individuals.
How does the Cost of Living Index affect the salary's value?
With a Cost of Living Index of 100, the $56,230 salary in Trenton-Princeton has the same purchasing power as the national average salary, meaning your earnings go as far as they would nationally.
Are there many accounting and bookkeeping jobs per capita in Trenton-Princeton?
The rate of 7.541 jobs per 1,000 workers indicates a solid presence of these roles relative to the general workforce, reflecting steady demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,800 employees in the Trenton-Princeton, NJ area with a job density of 7.541 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 Trenton-Princeton, NJ