Average New Accounts Clerks Salary in Northwestern Region of Texas nonmetropolitan area
New Accounts Clerks in the Northwestern Region of Texas nonmetropolitan area earn an average annual salary of $40,690. This figure is notably below the national average of $47,610, reflecting the economic dynamics and potentially lower demand for specialized administrative roles in nonmetropolitan regions. The specific pay scale in this area is influenced by local market conditions and the overall economic structure of the region.
Executive Summary
- Average Salary: $40,690 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $58,150.
- Outlook: The job market for New Accounts Clerks in this nonmetropolitan area of Texas presents a concentrated demand, as indicated by a robust Location Quotient of 5.21. Despite a modest total local workforce of 240, the high concentration suggests that these roles are a significant component of the local administrative employment landscape, implying a stable, albeit niche, job market.
Salary Overview
The average New Accounts Clerks in Northwestern Region of Texas nonmetropolitan area earns-14.5%below the national average.
$19.6
$783
$3,391
New Accounts Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for New Accounts Clerks across the United States, including in nonmetropolitan areas, have experienced a steady upward trend over the past four years. This growth is typically driven by inflation, increasing operational complexity, and a consistent need for skilled administrative support in businesses.
New Accounts Clerks Salary Distribution in Northwestern Region of Texas nonmetropolitan area
Salary progression for New Accounts Clerks typically correlates with experience and acquired skills. Entry-level positions often start at the lower end of the pay scale, while senior clerks with extensive experience in account management, compliance, and client relations can command significantly higher salaries. The percentile gaps in salary distribution clearly signify opportunities for career advancement and increased earning potential within this role.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,240 | $16.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $30,518 | $14.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $35,810 | $17.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $50,863 | $24.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $58,150 | $28 |
Detailed New Accounts Clerks Market Analysis
Relocation Context
Nominal Salary
$40,690
Gross Pay
Real Wage (Purchasing Power)
$40,690
Adjusted for COL (100)
The nominal salary of $40,690 for New Accounts Clerks in Northwestern Texas aligns precisely with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that salary locally is equivalent to the national average, suggesting that the lower nominal wage is offset by more affordable living expenses.
Job Market Context
240
Total Jobs
1.285
Per 1K Jobs
5.21
Location Quotient
Northwestern Region of Texas nonmetropolitan area has 5.2x 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.
With a Location Quotient of 5.21, the Northwestern Region of Texas nonmetropolitan area exhibits a significantly higher concentration of New Accounts Clerks compared to the national average. This indicates a specialized and potentially competitive market where these roles are more prevalent relative to the overall workforce, suggesting a strong local demand for this specific skill set.
Nearby Job Markets
Nearby Cities for New Accounts Clerks
| City | Salary | Dist. |
|---|---|---|
| Killeen-Temple, TX New Accounts Clerks Salary | $41,990↑ 3% | 10 mi |
| Waco, TX New Accounts Clerks Salary | $41,310↑ 2% | 41 mi |
| College Station-Bryan, TX New Accounts Clerks Salary | $39,780↓ 2% | 82 mi |
Comparing salaries near Northwestern Region of Texas nonmetropolitan area
Hiring New Accounts Clerkss?
Frequently Asked Questions
How much does a New Accounts Clerks make in Northwestern Region of Texas nonmetropolitan area?
The median annual salary for a New Accounts Clerks in Northwestern Region of Texas nonmetropolitan area is $40,690. This typically ranges from $35,240 for entry-level positions to $58,150 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northwestern Region of Texas nonmetropolitan area is 14.5% lower than the national median of $47,610.
Is Northwestern Region of Texas nonmetropolitan area a lucrative place for New Accounts Clerks?
No, it is not considered lucrative compared to national averages.The average salary of $40,690 is substantially lower than the national average of $47,610. However, the cost of living is also at the national average, meaning the lower salary has equivalent purchasing power locally.
Is Northwestern Region of Texas nonmetropolitan area a good place to live for New Accounts Clerks?
The Cost of Living Index in Northwestern Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northwestern Region of Texas nonmetropolitan area?
Some top paying nearby cities include Killeen-Temple, TX ($41,990) and Waco, TX.
How does the job concentration affect career opportunities?
A high Location Quotient of 5.21 suggests a strong local demand for New Accounts Clerks, potentially leading to more job openings relative to the size of the workforce and a more stable career path within the region.
What is the significance of 'Jobs per 1,000 Workers'?
The figure of 1.285 jobs per 1,000 workers indicates that for every thousand individuals employed in the region, approximately 1.3 are New Accounts Clerks, providing a measure of job availability within the local economy.
How does experience impact salary for New Accounts Clerks in this region?
As with most roles, experience is a key driver of salary. Entry-level clerks will earn less, while those with several years of experience and specialized skills can expect to earn more, moving up the salary scale.
Is the cost of living a major factor for New Accounts Clerks in this area?
The cost of living index being at 100 means that expenses are on par with the national average. Therefore, the $40,690 salary offers purchasing power equivalent to the national average, making it a balanced financial proposition.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Northwestern Region of Texas nonmetropolitan area area with a job density of 1.285 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 Northwestern Region of Texas nonmetropolitan area