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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Vermont

Bookkeeping, Accounting, and Auditing Clerks in Vermont earn an average annual salary of $53,250, slightly surpassing the national average of $51,940. This favorable compensation is influenced by Vermont's unique economic landscape and a localized demand that supports higher pay rates for these essential financial roles.

Executive Summary

  • Average Salary: $53,250 per year.
  • Growth Trend: Salaries have shifted 19.0% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $68,490.
  • Outlook: With a local workforce of 3,260 professionals in this field, Vermont demonstrates a solid presence of Bookkeeping, Accounting, and Auditing Clerks. The Location Quotient of 1.13 indicates a concentration of these roles that is 13% higher than the national average, suggesting a robust and potentially growing demand within the state's economy.
2024 Market Data

Salary Overview

$53,250

The average Bookkeeping, Accounting, and Auditing Clerks in Vermont earns+2.5%above the national average.

BreakdownBased on 40h/week
Hourly

$25.6

Weekly

$1,024

Monthly

$4,438

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Vermont

Career progression for Bookkeeping, Accounting, and Auditing Clerks in Vermont typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and a proven track record can command salaries in the upper percentiles, reflecting a clear and rewarding career ladder within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,310$18.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$39,938$19.2
ManagerOversees team, compliance, and project delivery.50% (Median)$51,510$24.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$66,563$32
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$68,490$32.9

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$53,250

Gross Pay

Real Wage (Purchasing Power)

$46,345

Adjusted for COL (114.9)

Vermont's Cost of Living Index stands at 114.9, meaning it is 14.9% more expensive than the national average. While the average salary of $53,250 is above the national average, residents will find that their purchasing power is somewhat diminished due to the higher cost of goods and services in the state.

Job Market Context

3,260

Total Jobs

10.711

Per 1K Jobs

1.13

Location Quotient

Above Average

With a location quotient of 1.13, Vermont has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

The Location Quotient of 1.13 signifies that Bookkeeping, Accounting, and Auditing Clerk roles are more concentrated in Vermont than the national average. This suggests a healthy market where employers may actively seek these professionals, potentially leading to more job opportunities and competitive compensation compared to regions with a lower concentration.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

CitySalaryDist.
Burlington-South Burlington, VT Bookkeeping, Accounting, and Auditing Clerks Salary$55,040↑ 3%40 mi
Glens Falls, NY Bookkeeping, Accounting, and Auditing Clerks Salary$49,540↓ 7%69 mi
Central New Hampshire nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$51,240↓ 4%70 mi
Northern New Hampshire nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$50,020↓ 6%70 mi
Southwestern New Hampshire nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$51,040↓ 4%70 mi

Comparing salaries near Vermont

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Vermont?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Vermont is $53,250. This typically ranges from $38,310 for entry-level positions to $68,490 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Vermont is 2.5% higher than the national median of $51,940.

Is Vermont a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

Yes, Vermont offers a slightly above-average earning potential for these roles.The average salary in Vermont ($53,250) exceeds the national average ($51,940), and the higher concentration of these jobs (LQ 1.13) indicates strong local demand.

Is Vermont a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in Vermont is 114.9. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Vermont?

Some top paying nearby cities include Burlington-South Burlington, VT ($55,040) and Glens Falls, NY.

How does Vermont's average salary compare to the national average for this role?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Vermont is $53,250, which is slightly higher than the national average of $51,940.

What is the concentration of Bookkeeping, Accounting, and Auditing Clerk jobs in Vermont?

Vermont has a Location Quotient of 1.13 for these roles, indicating that they are 13% more concentrated in the state compared to the national average.

How does the cost of living in Vermont affect the salary?

With a Cost of Living Index of 114.9, Vermont is more expensive than the national average. This means that the $53,250 salary may have less purchasing power than it would in a lower-cost area.

What does the total local workforce number signify?

A total local workforce of 3,260 indicates a substantial number of professionals in this field within Vermont, suggesting a stable and established job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,260 employees in the Vermont area with a job density of 10.711 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 Vermont