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Average New Accounts Clerks Salary in Waco, TX

The average salary for New Accounts Clerkss in Waco, TX is $41,310. While this is lower than the national average, the cost of living in Waco, TX may offset the difference, preserving real purchasing power. Notably, Waco, TX is a key hub for this profession, with a job concentration 2.53x higher than average.

Executive Summary

  • Average Salary: $41,310 per year.
  • Growth Trend: Salaries have shifted 0.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $52,310.
  • Outlook: The current demand for New Accounts Clerkss is stable, with a local workforce of approximately 80 professionals. This role remains a specialized component of the broader Waco, TX economy.
2024 Market Data

Salary Overview

$41,310

The average New Accounts Clerks in Waco, TX earns-13.2%below the national average.

BreakdownBased on 40h/week
Hourly

$19.9

Weekly

$794

Monthly

$3,443

New Accounts Clerks Salary Distribution in Waco, TX

The earning potential for New Accounts Clerkss in Waco, TX varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $34,500, while highly experienced professionals can command wages upwards of $52,310.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$34,500$16.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$30,983$14.9
ManagerOversees team, compliance, and project delivery.50% (Median)$39,520$19
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$51,638$24.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$52,310$25.1

Detailed New Accounts Clerks Market Analysis

Relocation Context

Nominal Salary

$41,310

Gross Pay

Real Wage (Purchasing Power)

$41,310

Adjusted for COL (100)

In Waco, TX, the Cost of Living Index is 100. This increases your effective purchasing power from $41,310 to $41,310.

Job Market Context

80

Total Jobs

0.623

Per 1K Jobs

2.53

Location Quotient

Major Hub

Waco, TX has 2.5x 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.

80 people work as New Accounts Clerks in Waco, TX.

Only 0.623 out of every 1,000 local jobs are New Accounts Clerks roles — this is a niche profession in the area.

Nearby Job Markets

Frequently Asked Questions

How much does a New Accounts Clerks make in Waco, TX?

The median annual salary for a New Accounts Clerks in Waco, TX is $41,310. This typically ranges from $34,500 for entry-level positions to $52,310 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Waco, TX is 13.2% lower than the national median of $47,610.

Is Waco, TX a good place for New Accounts Clerkss?

Yes, Waco, TX is highly recommended due to strong job demand. While salaries are competitive ($41,310), the area is particularly notable for its high job density for New Accounts Clerkss. See distinct detailed breakdown below.

Is Waco, TX a good place to live for New Accounts Clerks?

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

Where are the highest paying cities near Waco, TX?

Some top paying nearby cities include North Region of Texas nonmetropolitan area ($38,400) and Northwestern Region of Texas nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 80 employees in the Waco, TX area with a job density of 0.623 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.