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Average New Accounts Clerks Salary in Rochester, NY

New Accounts Clerks in Rochester, NY, command an average annual salary of $49,620, surpassing the national average of $47,610. This elevated compensation is influenced by Rochester's specific economic landscape and the demand for skilled administrative professionals within the region.

Executive Summary

  • Average Salary: $49,620 per year.
  • Growth Trend: Salaries have shifted 31.9% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $61,580.
  • Outlook: With a local workforce of 230 New Accounts Clerks, Rochester presents a concentrated job market for this role. The Location Quotient of 1.88 indicates a significantly higher concentration of these positions compared to the national average, suggesting robust local demand and potential for job security.
2024 Market Data

Salary Overview

$49,620

The average New Accounts Clerks in Rochester, NY earns+4.2%above the national average.

BreakdownBased on 40h/week
Hourly

$23.9

Weekly

$954

Monthly

$4,135

New Accounts Clerks Salary Distribution in Rochester, NY

Career progression for New Accounts Clerks in Rochester typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can expect to earn significantly more, with percentile gaps reflecting this advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$43,420$20.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$37,215$17.9
ManagerOversees team, compliance, and project delivery.50% (Median)$46,740$22.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$62,025$29.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$61,580$29.6

Detailed New Accounts Clerks Market Analysis

Relocation Context

Nominal Salary

$49,620

Gross Pay

Real Wage (Purchasing Power)

$49,620

Adjusted for COL (100)

The average annual salary of $49,620 in Rochester, NY, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a New Accounts Clerk's salary in Rochester is equivalent to the national average, offering stable financial stability without the pressure of higher living expenses.

Job Market Context

230

Total Jobs

0.463

Per 1K Jobs

1.88

Location Quotient

Major Hub

Rochester, NY has 1.9x 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 1.88 signifies that New Accounts Clerks are more than 88% more concentrated in Rochester than the national average. This suggests a competitive yet abundant job market, where employers may actively seek out talent, but a solid pool of qualified candidates also exists.

Nearby Job Markets

Nearby Cities for New Accounts Clerks

CitySalaryDist.
Buffalo-Cheektowaga, NY New Accounts Clerks Salary$47,770↓ 4%65 mi
Syracuse, NY New Accounts Clerks Salary$45,130↓ 9%75 mi
Ithaca, NY New Accounts Clerks Salary$48,550↓ 2%75 mi
Elmira, NY New Accounts Clerks Salary$48,460↓ 2%85 mi

Comparing salaries near Rochester, NY

Hiring New Accounts Clerkss?

Frequently Asked Questions

How much does a New Accounts Clerks make in Rochester, NY?

The median annual salary for a New Accounts Clerks in Rochester, NY is $49,620. This typically ranges from $43,420 for entry-level positions to $61,580 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Rochester, NY is 4.2% higher than the national median of $47,610.

Is Rochester, NY a lucrative place for New Accounts Clerks?

Yes, Rochester, NY offers a lucrative environment for New Accounts Clerks.The average salary exceeds the national average, and the cost of living is on par with the national average, providing strong purchasing power.

Is Rochester, NY a good place to live for New Accounts Clerks?

The Cost of Living Index in Rochester, NY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Rochester, NY?

Some top paying nearby cities include Buffalo-Cheektowaga, NY ($47,770) and Syracuse, NY.

How does the local workforce size impact job opportunities?

A local workforce of 230 New Accounts Clerks indicates a specialized segment of the administrative job market in Rochester, suggesting focused demand from local businesses.

What does a Location Quotient of 1.88 mean for job seekers?

A Location Quotient of 1.88 means Rochester has a significantly higher proportion of New Accounts Clerk jobs than the national average, indicating strong local employer demand.

How does Rochester's cost of living compare nationally?

Rochester's Cost of Living Index is 100, which is exactly the national average, meaning your salary's purchasing power is standard.

Are there many New Accounts Clerk jobs per capita in Rochester?

With 0.463 jobs per 1,000 workers, Rochester shows a steady presence of New Accounts Clerk roles relative to its overall working population.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Rochester, NY area with a job density of 0.463 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 Rochester, NY