Average New Accounts Clerks Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
New Accounts Clerks in the Kiryas Joel-Poughkeepsie-Newburgh, NY area earn an average annual salary of $50,700. This figure is notably higher than the national average of $47,610, suggesting that local economic factors and demand within this specific region contribute to a more favorable compensation package for these professionals.
Executive Summary
- Average Salary: $50,700 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $58,350.
- Outlook: The local job market for New Accounts Clerks in Kiryas Joel-Poughkeepsie-Newburgh, NY, shows a healthy concentration, indicated by a Location Quotient of 3.09, significantly above the national average. With a total local workforce of 200 individuals in this role, and 0.763 jobs per 1,000 workers, the demand appears robust and well-established within the region's economic landscape.
Salary Overview
The average New Accounts Clerks in Kiryas Joel-Poughkeepsie-Newburgh, NY earns+6.5%above the national average.
$24.4
$975
$4,225
New Accounts Clerks Salary Trends (2020-2024)
While specific historical data for New Accounts Clerk salary trends in Kiryas Joel-Poughkeepsie-Newburgh, NY, is not provided, it is reasonable to assume a consistent upward trajectory over the past four years, mirroring general economic growth and inflation. This suggests that the average salary of $50,700 is likely a result of steady appreciation, reflecting increased responsibilities and market value.
New Accounts Clerks Salary Distribution in Kiryas Joel-Poughkeepsie-Newburgh, NY
Salary progression for New Accounts Clerks typically scales with experience. Entry-level positions may start closer to the lower percentiles, while senior or lead roles command salaries in the higher percentiles. The salary distribution within Kiryas Joel-Poughkeepsie-Newburgh, NY, would reflect these differences, with significant gaps between junior and experienced professionals indicating clear career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $42,820 | $20.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $38,025 | $18.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $49,790 | $23.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $63,375 | $30.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $58,350 | $28.1 |
Detailed New Accounts Clerks Market Analysis
Relocation Context
Nominal Salary
$50,700
Gross Pay
Real Wage (Purchasing Power)
$50,700
Adjusted for COL (100)
The average annual salary of $50,700 for New Accounts Clerks in Kiryas Joel-Poughkeepsie-Newburgh, NY, aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary earned by a New Accounts Clerk in this area has purchasing power equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.
Job Market Context
200
Total Jobs
0.763
Per 1K Jobs
3.09
Location Quotient
Kiryas Joel-Poughkeepsie-Newburgh, NY has 3.1x the national concentration of New Accounts Clerks jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
A Location Quotient of 3.09 for New Accounts Clerks in Kiryas Joel-Poughkeepsie-Newburgh, NY, signifies a market that is over three times more concentrated than the national average. This indicates a strong local demand and a potentially competitive environment for both employers seeking talent and professionals seeking opportunities within this specialized field.
Nearby Job Markets
Nearby Cities for New Accounts Clerks
| City | Salary | Dist. |
|---|---|---|
| Kingston, NY New Accounts Clerks Salary | $51,020↑ 1% | 42 mi |
| New York-Newark-Jersey City, NY-NJ New Accounts Clerks Salary | $57,190↑ 13% | 44 mi |
| Waterbury-Shelton, CT New Accounts Clerks Salary | $62,040↑ 22% | 60 mi |
Comparing salaries near Kiryas Joel-Poughkeepsie-Newburgh, NY
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Frequently Asked Questions
How much does a New Accounts Clerks make in Kiryas Joel-Poughkeepsie-Newburgh, NY?
The median annual salary for a New Accounts Clerks in Kiryas Joel-Poughkeepsie-Newburgh, NY is $50,700. This typically ranges from $42,820 for entry-level positions to $58,350 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kiryas Joel-Poughkeepsie-Newburgh, NY is 6.5% higher than the national median of $47,610.
Is Kiryas Joel-Poughkeepsie-Newburgh, NY a lucrative place for New Accounts Clerks?
Yes, it offers a lucrative environment for New Accounts Clerks.The average salary of $50,700 significantly exceeds the national average, and the high concentration of these roles (LQ of 3.09) points to strong local demand.
Is Kiryas Joel-Poughkeepsie-Newburgh, NY a good place to live for New Accounts Clerks?
The Cost of Living Index in Kiryas Joel-Poughkeepsie-Newburgh, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kiryas Joel-Poughkeepsie-Newburgh, NY?
Some top paying nearby cities include Kingston, NY ($51,020) and New York-Newark-Jersey City, NY-NJ.
How does the salary compare to the national average?
New Accounts Clerks in Kiryas Joel-Poughkeepsie-Newburgh, NY, earn an average of $50,700 annually, which is higher than the national average of $47,610.
What is the Cost of Living in Kiryas Joel-Poughkeepsie-Newburgh, NY?
The Cost of Living Index in Kiryas Joel-Poughkeepsie-Newburgh, NY, is 100, which is exactly the national average.
How concentrated is the job market for New Accounts Clerks in this area?
The job market is highly concentrated, with a Location Quotient of 3.09, indicating a significantly higher presence of New Accounts Clerks compared to the national average.
What does the Local Workforce size suggest about job availability?
With a local workforce of 200 New Accounts Clerks, and 0.763 jobs per 1,000 workers, the data suggests a stable and established presence of these roles within the region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Kiryas Joel-Poughkeepsie-Newburgh, NY area with a job density of 0.763 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for New Accounts Clerks • Data source: BLS OEWS 2024 •Jobs in Kiryas Joel-Poughkeepsie-Newburgh, NY