In the West South Dakota nonmetropolitan area, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $43,240. This figure is notably below the national average of $51,940, a disparity often influenced by the unique economic landscape and lower cost of living prevalent in nonmetropolitan regions. The specific demand and compensation structure within this area shape the local pay rates for these essential financial roles.
Executive Summary
- Average Salary: $43,240 per year.
- Growth Trend: Salaries have shifted 27.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $56,690.
- Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in the West South Dakota nonmetropolitan area appears robust, with a total local workforce of 1,580 individuals. The concentration of these roles, indicated by a Location Quotient of 2.65, suggests a significantly higher presence than the national average, pointing towards a strong and potentially growing demand for these professionals within the region.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in West South Dakota nonmetropolitan area earns-16.8%below the national average.
$20.8
$832
$3,603
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in the West South Dakota nonmetropolitan area have experienced growth over the past four years, mirroring national trends. Economic development and inflation typically drive incremental increases in compensation, ensuring that wages adapt to the evolving economic conditions and maintain their relative value.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in West South Dakota nonmetropolitan area
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a clear salary scaling from entry-level to senior positions. While exact figures vary, individuals starting in these roles can expect lower than average earnings, with significant increases possible as they gain experience, acquire specialized skills, and take on more complex responsibilities. The percentile gaps in salary distributions often signify these distinct levels of expertise and career advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $32,760 | $15.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $32,430 | $15.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $42,490 | $20.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $54,050 | $26 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $56,690 | $27.3 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$43,240
Gross Pay
Real Wage (Purchasing Power)
$43,240
Adjusted for COL (100)
The nominal average annual salary of $43,240 in the West South Dakota nonmetropolitan area aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the take-home pay is lower than the national average, the purchasing power of this salary is equivalent to the national average, making the effective financial standing comparable.
Job Market Context
1,580
Total Jobs
25.046
Per 1K Jobs
2.65
Location Quotient
West South Dakota nonmetropolitan area has 2.6x the national concentration of Bookkeeping, Accounting, and Auditing Clerks jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 2.65, the West South Dakota nonmetropolitan area exhibits a significantly higher concentration of Bookkeeping, Accounting, and Auditing Clerk roles compared to the national average. This indicates a robust and specialized demand for these professionals within the region, suggesting that the job market is relatively abundant with opportunities for those in this field.
Nearby Job Markets
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in West South Dakota nonmetropolitan area?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in West South Dakota nonmetropolitan area is $43,240. This typically ranges from $32,760 for entry-level positions to $56,690 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in West South Dakota nonmetropolitan area is 16.8% lower than the national median of $51,940.
Is West South Dakota nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, but the cost of living offsets the lower salary.The average salary of $43,240 is below the national average, but with a Cost of Living Index of 100, your purchasing power remains equivalent to the national average.
Is West South Dakota nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in West South Dakota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
How does the local salary compare to the national average?
The average salary for Bookkeeping, Accounting, and Auditing Clerks in West South Dakota nonmetropolitan area is $43,240, which is less than the national average of $51,940.
What is the concentration of these jobs in West South Dakota nonmetropolitan area?
The concentration is high, with a Location Quotient of 2.65, meaning these roles are more prevalent locally than the national average.
How many Bookkeeping, Accounting, and Auditing Clerks are there locally?
There are approximately 1,580 Bookkeeping, Accounting, and Auditing Clerks employed in the West South Dakota nonmetropolitan area.
Does the cost of living affect the perceived value of the salary?
Yes, the Cost of Living Index is 100, matching the national average, which means the $43,240 salary has the same purchasing power as the national average salary.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,580 employees in the West South Dakota nonmetropolitan area area with a job density of 25.046 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 South Dakota nonmetropolitan area