Average New Accounts Clerks Salary in Southwest New York nonmetropolitan area
New Accounts Clerks in the Southwest New York nonmetropolitan area earn an average annual salary of $45,760. This figure is slightly below the national average of $47,610, indicating a localized compensation structure influenced by regional economic factors and the specific demand within this nonmetropolitan setting. The cost of living being at the national average suggests that while nominal pay is slightly lower, purchasing power may remain relatively stable.
Executive Summary
- Average Salary: $45,760 per year.
- Growth Trend: Salaries have shifted 20.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $55,030.
- Outlook: The job market for New Accounts Clerks in the Southwest New York nonmetropolitan area appears robust, despite a modest local workforce of 220 individuals. The exceptionally high Location Quotient of 5.04 signifies a significantly higher concentration of these roles compared to the national average, suggesting strong local demand relative to the number of available workers. With 1.243 jobs per 1,000 workers, this indicates a notable presence and potential for consistent employment opportunities within this specialized sector.
Salary Overview
The average New Accounts Clerks in Southwest New York nonmetropolitan area earns-3.9%below the national average.
$22
$880
$3,813
New Accounts Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for New Accounts Clerks in the Southwest New York nonmetropolitan area have experienced growth over the past four years, mirroring general economic trends and inflation. This upward trajectory is typically driven by increasing demand for financial administrative roles, evolving industry standards, and the need to retain skilled personnel in a competitive labor market.
New Accounts Clerks Salary Distribution in Southwest New York nonmetropolitan area
Salary progression for New Accounts Clerks typically scales with experience. Entry-level positions often start at the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in compensation clearly signify career progression, with mid-level and senior roles reflecting greater responsibility, expertise, and a proven track record in financial account management.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,320 | $18.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,320 | $16.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,790 | $21.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $57,200 | $27.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $55,030 | $26.5 |
Detailed New Accounts Clerks Market Analysis
Relocation Context
Nominal Salary
$45,760
Gross Pay
Real Wage (Purchasing Power)
$45,760
Adjusted for COL (100)
The nominal average annual salary of $45,760 for New Accounts Clerks in the Southwest New York nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of this salary is expected to be comparable to the national average, making relocation to this area neutral in terms of immediate cost of living impact on disposable income.
Job Market Context
220
Total Jobs
1.243
Per 1K Jobs
5.04
Location Quotient
Southwest New York nonmetropolitan area has 5.0x 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.
The Location Quotient of 5.04 for New Accounts Clerks in the Southwest New York nonmetropolitan area indicates a highly concentrated job market. This suggests that these roles are significantly more prevalent in this region than the national average, implying a specialized demand or a niche industry presence. While this concentration points to abundant opportunities relative to the national landscape, it also suggests a potentially competitive environment for job seekers within this specific locale.
Nearby Job Markets
Nearby Cities for New Accounts Clerks
| City | Salary | Dist. |
|---|---|---|
| Binghamton, NY New Accounts Clerks Salary | $45,140↓ 1% | 49 mi |
| Kingston, NY New Accounts Clerks Salary | $51,020↑ 11% | 51 mi |
| Scranton--Wilkes-Barre, PA New Accounts Clerks Salary | $49,420↑ 8% | 64 mi |
| Utica-Rome, NY New Accounts Clerks Salary | $46,670↑ 2% | 66 mi |
| Albany-Schenectady-Troy, NY New Accounts Clerks Salary | $48,970↑ 7% | 68 mi |
Comparing salaries near Southwest New York nonmetropolitan area
Hiring New Accounts Clerkss?
Frequently Asked Questions
How much does a New Accounts Clerks make in Southwest New York nonmetropolitan area?
The median annual salary for a New Accounts Clerks in Southwest New York nonmetropolitan area is $45,760. This typically ranges from $39,320 for entry-level positions to $55,030 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwest New York nonmetropolitan area is 3.9% lower than the national median of $47,610.
Is Southwest New York nonmetropolitan area a lucrative place for New Accounts Clerks?
No, not significantly more lucrative than the national average.The average salary is slightly below the national average, and the cost of living is on par, meaning there is no substantial financial advantage for New Accounts Clerks in this region compared to the rest of the country.
Is Southwest New York nonmetropolitan area a good place to live for New Accounts Clerks?
The Cost of Living Index in Southwest New York nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwest New York nonmetropolitan area?
Some top paying nearby cities include Binghamton, NY ($45,140) and Kingston, NY.
How does the local workforce size affect job prospects?
A smaller local workforce of 220, combined with a high concentration (LQ of 5.04), suggests that while the total number of jobs might be limited, the demand for New Accounts Clerks is disproportionately high within this specific area, potentially leading to more opportunities relative to the number of available professionals.
What does a Location Quotient of 5.04 mean for job seekers?
A Location Quotient of 5.04 indicates that New Accounts Clerk roles are over five times more concentrated in the Southwest New York nonmetropolitan area than the national average. This signifies a strong local demand and a specialized market for these positions.
Is the cost of living a factor for New Accounts Clerks in this area?
The Cost of Living Index is 100, which is the national average. This means that the $45,760 salary will have purchasing power equivalent to the national average, making it neither a particularly high-cost nor low-cost area relative to national standards.
How does the number of jobs per 1,000 workers compare nationally?
With 1.243 jobs per 1,000 workers, the Southwest New York nonmetropolitan area has a higher density of New Accounts Clerk positions compared to the national average, reinforcing the idea of a concentrated demand for this role in 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 220 employees in the Southwest New York nonmetropolitan area area with a job density of 1.243 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore New Accounts Clerks Salaries by State
Top Jobs in Southwest New York nonmetropolitan area
- All Occupations Salary in Southwest New York nonmetropolitan area
- Office and Administrative Support Occupations Salary in Southwest New York nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in Southwest New York nonmetropolitan area
- Educational Instruction and Library Occupations Salary in Southwest New York nonmetropolitan area
- Production Occupations Salary in Southwest New York nonmetropolitan area
- Sales and Related Occupations Salary in Southwest New York nonmetropolitan area
- Transportation and Material Moving Occupations Salary in Southwest New York nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in Southwest New York nonmetropolitan area
- Management Occupations Salary in Southwest New York nonmetropolitan area
- Installation, Maintenance, and Repair Occupations Salary in Southwest New York nonmetropolitan area
- Browse All Jobs in Southwest New York nonmetropolitan area →
Semantic Salary Analysis for New Accounts Clerks • Data source: BLS OEWS 2024 •Jobs in Southwest New York nonmetropolitan area