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Average New Accounts Clerks Salary in Raleigh-Cary, NC

New Accounts Clerks in Raleigh-Cary, NC, command an impressive average annual salary of $57,710, significantly surpassing the national average of $47,610. This elevated compensation is driven by the region's robust economic activity and a concentrated demand for financial administrative roles, making Raleigh-Cary a prime location for these professionals.

Executive Summary

  • Average Salary: $57,710 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $77,330.
  • Outlook: The local market for New Accounts Clerks in Raleigh-Cary, NC, appears robust, supported by a total workforce of 280 individuals in this role. A Location Quotient of 1.54 indicates a higher concentration of these jobs compared to the national average, suggesting a healthy demand and a potentially stable job market for skilled clerks in the area.
2024 Market Data

Salary Overview

$57,710

The average New Accounts Clerks in Raleigh-Cary, NC earns+21.2%above the national average.

BreakdownBased on 40h/week
Hourly

$27.8

Weekly

$1,110

Monthly

$4,809

New Accounts Clerks Salary Distribution in Raleigh-Cary, NC

Career progression for New Accounts Clerks typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior clerks with specialized skills and extensive experience can command salaries well above the average, reflecting the value of their expertise and responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$44,160$21.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$43,283$20.8
ManagerOversees team, compliance, and project delivery.50% (Median)$50,710$24.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$72,138$34.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$77,330$37.2

Detailed New Accounts Clerks Market Analysis

Relocation Context

Nominal Salary

$57,710

Gross Pay

Real Wage (Purchasing Power)

$57,710

Adjusted for COL (100)

The average annual salary of $57,710 in Raleigh-Cary, NC, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a New Accounts Clerk's salary in this area is equivalent to the national standard, offering a stable financial footing without the added pressure of higher living expenses.

Job Market Context

280

Total Jobs

0.38

Per 1K Jobs

1.54

Location Quotient

Major Hub

Raleigh-Cary, NC has 1.5x 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 1.54, Raleigh-Cary, NC, demonstrates a notably higher concentration of New Accounts Clerk positions than the national average. This suggests a competitive yet abundant job market where employers actively seek qualified candidates, potentially leading to more opportunities and favorable negotiation leverage for skilled professionals.

Nearby Job Markets

Nearby Cities for New Accounts Clerks

CitySalaryDist.
Rocky Mount, NC New Accounts Clerks Salary$52,110↓ 10%48 mi

Comparing salaries near Raleigh-Cary, NC

Hiring New Accounts Clerkss?

Frequently Asked Questions

How much does a New Accounts Clerks make in Raleigh-Cary, NC?

The median annual salary for a New Accounts Clerks in Raleigh-Cary, NC is $57,710. This typically ranges from $44,160 for entry-level positions to $77,330 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Raleigh-Cary, NC is 21.2% higher than the national median of $47,610.

Is Raleigh-Cary, NC a lucrative place for New Accounts Clerks?

Yes, Raleigh-Cary, NC is a lucrative place for New Accounts Clerks.The average salary is $10,000 above the national average, and the cost of living is on par with the national average, indicating strong earning potential.

Is Raleigh-Cary, NC a good place to live for New Accounts Clerks?

The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Raleigh-Cary, NC?

Some top paying nearby cities include Rocky Mount, NC ($52,110) and others.

How does the Raleigh-Cary salary compare to the national average?

New Accounts Clerks in Raleigh-Cary, NC, earn an average of $57,710 annually, which is $10,000 more than the national average of $47,610.

What is the concentration of New Accounts Clerk jobs in Raleigh-Cary, NC?

The Location Quotient for New Accounts Clerks in Raleigh-Cary, NC, is 1.54, indicating that jobs in this field are 54% more concentrated than the national average.

How does the cost of living affect the salary in Raleigh-Cary, NC?

The cost of living in Raleigh-Cary, NC, is exactly at the national average (100), meaning the higher salary of $57,710 provides purchasing power equivalent to the national median.

What is the total number of New Accounts Clerks in Raleigh-Cary, NC?

There are approximately 280 New Accounts Clerks employed within the Raleigh-Cary, NC, metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Raleigh-Cary, NC area with a job density of 0.38 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for New Accounts Clerks • Data source: BLS OEWS 2024 •Jobs in Raleigh-Cary, NC