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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Waco, TX

In Waco, TX, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $46,340. This figure is slightly below the national average of $51,940, a common occurrence in areas with a cost of living that aligns with the national benchmark. Local economic factors and industry demand within Waco specifically influence this compensation.

Executive Summary

  • Average Salary: $46,340 per year.
  • Growth Trend: Salaries have shifted 21.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $64,820.
  • Outlook: Waco, TX supports a local workforce of 1,120 individuals in bookkeeping, accounting, and auditing clerk roles. With a Location Quotient of 0.91, the concentration of these professionals is nearly on par with the national average, suggesting a stable, albeit not exceptionally concentrated, demand for these services within the region.
2024 Market Data

Salary Overview

$46,340

The average Bookkeeping, Accounting, and Auditing Clerks in Waco, TX earns-10.8%below the national average.

BreakdownBased on 40h/week
Hourly

$22.3

Weekly

$891

Monthly

$3,862

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Waco, TX

Career progression for Bookkeeping, Accounting, and Auditing Clerks in Waco, TX, is typically marked by increasing salary levels. Entry-level positions may start at the lower end of the pay scale, while experienced professionals with specialized skills or senior responsibilities can command significantly higher salaries, reflecting the broader percentile gaps seen in the national market.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$30,550$14.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$34,755$16.7
ManagerOversees team, compliance, and project delivery.50% (Median)$45,250$21.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$57,925$27.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$64,820$31.2

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$46,340

Gross Pay

Real Wage (Purchasing Power)

$46,340

Adjusted for COL (100)

The nominal average salary of $46,340 in Waco, TX, holds its value effectively due to the local Cost of Living Index being exactly at the national average of 100. This means that the purchasing power of an accountant's salary in Waco is comparable to that of someone earning the national average in a similarly priced region.

Job Market Context

1,120

Total Jobs

8.613

Per 1K Jobs

0.91

Location Quotient

Below Average

Waco, TX has 0.91x 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 0.91 indicates that Waco, TX, has a job market for Bookkeeping, Accounting, and Auditing Clerks that is very close to the national average in terms of concentration. This suggests a moderately competitive environment where the number of available professionals aligns closely with the industry's needs, without significant oversupply or undersupply.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

CitySalaryDist.
North Region of Texas nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$44,000↓ 5%41 mi
Northwestern Region of Texas nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$44,760↓ 3%41 mi
Hill Country Region of Texas nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$43,930↓ 5%41 mi
Coastal Plains Region of Texas nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$43,920↓ 5%41 mi
Eastern Region of Texas nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$43,340↓ 6%41 mi

Comparing salaries near Waco, TX

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

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

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Waco, TX is $46,340. This typically ranges from $30,550 for entry-level positions to $64,820 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Waco, TX is 10.8% lower than the national median of $51,940.

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

No, not exceptionally lucrative compared to the national average.While the salary of $46,340 is stable, it falls below the national average of $51,940. However, the cost of living being at the national average means the salary's purchasing power is comparable.

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

The Cost of Living Index in Waco, TX is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Waco, TX?

Some top paying nearby cities include North Region of Texas nonmetropolitan area ($44,000) and Northwestern Region of Texas nonmetropolitan area.

How does Waco's bookkeeping salary compare to the national average?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Waco, TX is $46,340, which is approximately 11% lower than the national average of $51,940.

What is the cost of living in Waco, TX for accounting professionals?

Waco, TX has a Cost of Living Index of 100, which is precisely the national average. This means the cost of goods and services is neither significantly higher nor lower than the typical U.S. city.

How concentrated are bookkeeping jobs in Waco, TX?

The concentration of bookkeeping, accounting, and auditing clerk jobs in Waco, TX, is indicated by a Location Quotient of 0.91, meaning it is slightly less concentrated than the national average.

What is the total number of bookkeeping, accounting, and auditing clerks in Waco, TX?

Waco, TX has a total local workforce of 1,120 individuals employed as Bookkeeping, Accounting, and Auditing Clerks.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,120 employees in the Waco, TX area with a job density of 8.613 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 Waco, TX