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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Washington-Arlington-Alexandria, DC-VA-MD-WV

Bookkeeping, Accounting, and Auditing Clerks in the Washington-Arlington-Alexandria, DC-VA-MD-WV metropolitan area earn an average annual salary of $58,760. This figure significantly surpasses the national average of $51,940, indicating a premium for these roles in this specific region. The higher compensation is likely driven by the area's robust economic activity and the concentration of businesses requiring specialized financial support.

Executive Summary

  • Average Salary: $58,760 per year.
  • Growth Trend: Salaries have shifted 13.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $79,570.
  • Outlook: With a local workforce of 17,990 individuals in this profession and a Location Quotient of 0.61, the Washington-Arlington-Alexandria area exhibits a slightly lower concentration of these clerks compared to the national average. However, the presence of nearly 18,000 professionals suggests a substantial and active job market, implying consistent demand for skilled bookkeeping, accounting, and auditing clerks.
2024 Market Data

Salary Overview

$58,760

The average Bookkeeping, Accounting, and Auditing Clerks in Washington-Arlington-Alexandria, DC-VA-MD-WV earns+13.1%above the national average.

BreakdownBased on 40h/week
Hourly

$28.3

Weekly

$1,130

Monthly

$4,897

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Washington-Arlington-Alexandria, DC-VA-MD-WV

Salary progression for Bookkeeping, Accounting, and Auditing Clerks is typically tied to experience and skill development. Entry-level positions may start closer to the lower end of the pay scale, while senior clerks with extensive experience and specialized knowledge can command significantly higher salaries, potentially reaching the upper percentiles. The gap between entry-level and senior roles highlights clear opportunities for career advancement and increased earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$39,250$18.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$44,070$21.2
ManagerOversees team, compliance, and project delivery.50% (Median)$57,010$27.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$73,450$35.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$79,570$38.3

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$58,760

Gross Pay

Real Wage (Purchasing Power)

$58,760

Adjusted for COL (100)

The average annual salary of $58,760 in Washington-Arlington-Alexandria aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary earned by these clerks has the same purchasing power as the national average salary in a location with average living expenses. Therefore, the higher nominal pay effectively translates to a comparable standard of living when compared to the national benchmark.

Job Market Context

17,990

Total Jobs

5.769

Per 1K Jobs

0.61

Location Quotient

Below Average

Washington-Arlington-Alexandria, DC-VA-MD-WV has 0.61x 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.

The Location Quotient of 0.61 for Bookkeeping, Accounting, and Auditing Clerks in Washington-Arlington-Alexandria suggests that this profession is less concentrated in this area compared to the national average. This could indicate a more competitive job market for these roles, or it might mean that the demand is met by a slightly smaller, yet skilled, workforce. Employers may find a good pool of talent, but the lower concentration doesn't necessarily imply an oversupply.

Nearby Job Markets

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Washington-Arlington-Alexandria, DC-VA-MD-WV?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Washington-Arlington-Alexandria, DC-VA-MD-WV is $58,760. This typically ranges from $39,250 for entry-level positions to $79,570 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Washington-Arlington-Alexandria, DC-VA-MD-WV is 13.1% higher than the national median of $51,940.

Is Washington-Arlington-Alexandria, DC-VA-MD-WV a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

Yes, it offers above-average compensation.The average salary of $58,760 is notably higher than the national average of $51,940. Coupled with a Cost of Living Index at the national average, this indicates a strong earning potential for these professionals in the region.

Is Washington-Arlington-Alexandria, DC-VA-MD-WV a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in Washington-Arlington-Alexandria, DC-VA-MD-WV is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Washington-Arlington-Alexandria, DC-VA-MD-WV?

Some top paying nearby cities include Maryland nonmetropolitan area ($50,400) and Baltimore-Columbia-Towson, MD.

How does the local salary compare to the national average?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Washington-Arlington-Alexandria is $58,760, which is $6,820 higher than the national average of $51,940.

What is the concentration of Bookkeeping, Accounting, and Auditing Clerks in this area?

The Location Quotient is 0.61, meaning the concentration of these clerks is 39% lower than the national average. There are 5.769 jobs per 1,000 workers in this profession locally.

How does the cost of living affect the salary?

The Cost of Living Index is 100, which is the national average. This means the higher nominal salary of $58,760 provides a purchasing power equivalent to the national average.

What is the total number of Bookkeeping, Accounting, and Auditing Clerks in the area?

There are 17,990 Bookkeeping, Accounting, and Auditing Clerks employed in the Washington-Arlington-Alexandria, DC-VA-MD-WV metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 17,990 employees in the Washington-Arlington-Alexandria, DC-VA-MD-WV area with a job density of 5.769 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.