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Average New Accounts Clerks Salary in Houston-Pasadena-The Woodlands, TX

New Accounts Clerks in the Houston-Pasadena-The Woodlands, TX area earn an average annual salary of $43,510. This figure is slightly below the national average of $47,610, indicating localized market dynamics at play. Factors such as regional demand, the cost of doing business, and the overall economic landscape of Texas contribute to this pay differential.

Executive Summary

  • Average Salary: $43,510 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $60,100.
  • Outlook: The local job market for New Accounts Clerks in Houston-Pasadena-The Woodlands, TX, comprises approximately 480 professionals. With a Location Quotient of 0.6, the concentration of these roles is below the national average, suggesting a potentially less saturated but also less robust demand compared to national trends. The presence of 0.148 jobs per 1,000 workers further underscores the moderate employment landscape for this specific occupation within the region.
2024 Market Data

Salary Overview

$43,510

The average New Accounts Clerks in Houston-Pasadena-The Woodlands, TX earns-8.6%below the national average.

BreakdownBased on 40h/week
Hourly

$20.9

Weekly

$837

Monthly

$3,626

New Accounts Clerks Salary Distribution in Houston-Pasadena-The Woodlands, TX

The salary progression for New Accounts Clerks typically scales with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive experience in account management, financial software, and client relations can command significantly higher salaries. The percentile gaps in compensation clearly signify career progression, rewarding accumulated expertise and responsibility within the role.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$32,520$15.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$32,633$15.7
ManagerOversees team, compliance, and project delivery.50% (Median)$41,850$20.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$54,388$26.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$60,100$28.9

Detailed New Accounts Clerks Market Analysis

Relocation Context

Nominal Salary

$43,510

Gross Pay

Real Wage (Purchasing Power)

$43,510

Adjusted for COL (100)

For individuals considering a move to Houston-Pasadena-The Woodlands, TX, the nominal salary of $43,510 aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of the average New Accounts Clerk's salary in this region is comparable to the national average, offering neither a significant financial advantage nor disadvantage in terms of day-to-day expenses.

Job Market Context

480

Total Jobs

0.148

Per 1K Jobs

0.6

Location Quotient

Below Average

Houston-Pasadena-The Woodlands, TX has 0.60x the national average concentration of New Accounts 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 0.6 for New Accounts Clerks in Houston-Pasadena-The Woodlands, TX, indicates that this occupation is less concentrated in this metropolitan area than it is nationally. This suggests that while the job market may not be as densely populated with these professionals as in other regions, there might be fewer specialized opportunities or a lower overall demand relative to the national average, making the market moderately competitive.

Nearby Job Markets

Nearby Cities for New Accounts Clerks

Comparing salaries near Houston-Pasadena-The Woodlands, TX

Hiring New Accounts Clerkss?

Frequently Asked Questions

How much does a New Accounts Clerks make in Houston-Pasadena-The Woodlands, TX?

The median annual salary for a New Accounts Clerks in Houston-Pasadena-The Woodlands, TX is $43,510. This typically ranges from $32,520 for entry-level positions to $60,100 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Houston-Pasadena-The Woodlands, TX is 8.6% lower than the national median of $47,610.

Is Houston-Pasadena-The Woodlands, TX a lucrative place for New Accounts Clerks?

No, it is not significantly lucrative compared to the national average.The average salary of $43,510 is below the national average of $47,610, and the cost of living is at the national average, offering no additional purchasing power advantage.

Is Houston-Pasadena-The Woodlands, TX a good place to live for New Accounts Clerks?

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

Where are the highest paying cities near Houston-Pasadena-The Woodlands, TX?

Some top paying nearby cities include Beaumont-Port Arthur, TX ($39,320) and College Station-Bryan, TX.

How does the Houston salary compare to the national average?

The average annual salary for New Accounts Clerks in Houston-Pasadena-The Woodlands, TX is $43,510, which is $4,100 less than the national average of $47,610.

What is the concentration of New Accounts Clerks in Houston?

The concentration, measured by the Location Quotient, is 0.6, meaning there are fewer New Accounts Clerks per worker in Houston compared to the national average.

Does the cost of living affect the salary's value?

No, the local Cost of Living Index is 100, which is the national average. Therefore, the $43,510 salary has the same purchasing power as the national average salary.

How many New Accounts Clerks are there in Houston?

The total local workforce for New Accounts Clerks in the Houston-Pasadena-The Woodlands, TX area is approximately 480 individuals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 480 employees in the Houston-Pasadena-The Woodlands, TX area with a job density of 0.148 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.