In the West Arkansas nonmetropolitan area, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $41,150. This figure is notably below the national average of $51,940, reflecting regional economic factors and potentially a lower demand for specialized financial roles compared to more urbanized centers.
Executive Summary
- Average Salary: $41,150 per year.
- Growth Trend: Salaries have shifted 23.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $54,950.
- Outlook: The West Arkansas nonmetropolitan area supports a local workforce of 770 individuals in bookkeeping, accounting, and auditing clerk roles. With a Location Quotient of 0.94, the concentration of these jobs is slightly below the national average, suggesting a stable but not rapidly expanding market for these professionals within this specific region.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in West Arkansas nonmetropolitan area earns-20.8%below the national average.
$19.8
$791
$3,429
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is generally assumed that salaries for Bookkeeping, Accounting, and Auditing Clerks across the United States have experienced steady growth over the past four years, driven by inflation and evolving business needs. This trend likely extends to West Arkansas, albeit potentially at a more moderate pace.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in West Arkansas nonmetropolitan area
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a salary increase with experience. Entry-level positions often start at the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command salaries significantly higher than the average. The percentile gaps in salary distributions clearly signify these 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) | $25,990 | $12.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $30,863 | $14.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $38,300 | $18.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $51,438 | $24.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $54,950 | $26.4 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$41,150
Gross Pay
Real Wage (Purchasing Power)
$41,150
Adjusted for COL (100)
The average annual salary of $41,150 in the West Arkansas nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is equivalent to the national average, making the cost of living a neutral factor in assessing the real value of this salary.
Job Market Context
770
Total Jobs
8.873
Per 1K Jobs
0.94
Location Quotient
West Arkansas nonmetropolitan area has 0.94x 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 0.94 indicates that the presence of Bookkeeping, Accounting, and Auditing Clerk jobs in the West Arkansas nonmetropolitan area is nearly on par with the national average. This suggests a balanced job market where demand and supply are relatively stable, without significant oversupply or undersupply of professionals in this field within the region.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Little Rock-North Little Rock-Conway, AR Bookkeeping, Accounting, and Auditing Clerks Salary | $46,880↑ 14% | 17 mi |
| Hot Springs, AR Bookkeeping, Accounting, and Auditing Clerks Salary | $40,680↓ 1% | 51 mi |
Comparing salaries near West Arkansas nonmetropolitan area
Hiring Bookkeeping, Accounting, and Auditing Clerkss?
Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in West Arkansas nonmetropolitan area?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in West Arkansas nonmetropolitan area is $41,150. This typically ranges from $25,990 for entry-level positions to $54,950 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in West Arkansas nonmetropolitan area is 20.8% lower than the national median of $51,940.
Is West Arkansas nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, it is not considered a highly lucrative area.The average salary of $41,150 is significantly lower than the national average, indicating less financial reward for these roles in this region.
Is West Arkansas nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in West Arkansas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near West Arkansas nonmetropolitan area?
Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($46,880) and Hot Springs, AR.
How does the local workforce size affect job prospects?
A local workforce of 770 suggests a moderate-sized pool of professionals, indicating a stable but not overly competitive job market for new entrants.
What does a Location Quotient of 0.94 mean for job seekers?
A Location Quotient of 0.94 implies that the concentration of these jobs is slightly less than the national average, suggesting a steady but not booming demand.
How does the Cost of Living impact the salary?
With a Cost of Living Index of 100, the $41,150 salary has the same purchasing power as the national average, meaning expenses are neither significantly higher nor lower.
Are there opportunities for salary growth in this role?
Yes, like most professions, Bookkeeping, Accounting, and Auditing Clerk roles typically offer salary increases with accumulated experience and skill development.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 770 employees in the West Arkansas nonmetropolitan area area with a job density of 8.873 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 West Arkansas nonmetropolitan area