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Average New Accounts Clerks Salary in Wisconsin

New Accounts Clerks in Wisconsin earn an average annual salary of $47,780, slightly above the national average of $47,610. This marginal difference suggests that while the role is valued, local economic factors and industry demand within Wisconsin play a significant role in shaping compensation for these crucial financial support positions.

Executive Summary

  • Average Salary: $47,780 per year.
  • Growth Trend: Salaries have shifted 21.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $57,870.
  • Outlook: With a local workforce of 1,970 New Accounts Clerks, Wisconsin demonstrates a notable concentration of these professionals, indicated by a Location Quotient of 2.74. This suggests a robust demand and a well-established presence of this occupation within the state's economy, implying a stable job market for skilled individuals.
2024 Market Data

Salary Overview

$47,780

The average New Accounts Clerks in Wisconsin earns+0.4%above the national average.

BreakdownBased on 40h/week
Hourly

$23

Weekly

$919

Monthly

$3,982

New Accounts Clerks Salary Distribution in Wisconsin

Career progression for New Accounts Clerks in Wisconsin typically involves a salary increase from entry-level to senior positions. While specific percentile data is unavailable, the typical salary range often sees entry-level clerks earning closer to the lower end, while experienced professionals with specialized skills or supervisory duties command salaries in the higher percentiles, reflecting accumulated expertise and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,840$18.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$35,835$17.2
ManagerOversees team, compliance, and project delivery.50% (Median)$47,150$22.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$59,725$28.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$57,870$27.8

Detailed New Accounts Clerks Market Analysis

Relocation Context

Nominal Salary

$47,780

Gross Pay

Real Wage (Purchasing Power)

$51,991

Adjusted for COL (91.9)

The average annual salary of $47,780 in Wisconsin presents a favorable financial standing when considered against the state's Cost of Living Index of 91.9. This index, being below the national average of 100, indicates that the purchasing power of a New Accounts Clerk's salary in Wisconsin is likely higher than the national average, making the nominal salary translate into a better quality of life.

Job Market Context

1,970

Total Jobs

0.675

Per 1K Jobs

2.74

Location Quotient

Major Hub

Wisconsin has 2.7x 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.

Wisconsin's Location Quotient of 2.74 for New Accounts Clerks signifies a significantly higher concentration of these roles compared to the national average. This indicates a strong and specialized market within the state, suggesting that employers may actively seek out candidates with specific local experience or that the industry is a key employer in the region.

Nearby Job Markets

Nearby Cities for New Accounts Clerks

Comparing salaries near Wisconsin

Hiring New Accounts Clerkss?

Frequently Asked Questions

How much does a New Accounts Clerks make in Wisconsin?

The median annual salary for a New Accounts Clerks in Wisconsin is $47,780. This typically ranges from $38,840 for entry-level positions to $57,870 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Wisconsin is 0.4% higher than the national median of $47,610.

Is Wisconsin a lucrative place for New Accounts Clerks?

Yes, Wisconsin offers a slightly above-average salary and a lower cost of living for New Accounts Clerks.The average salary of $47,780 is marginally higher than the national average, and the cost of living index of 91.9 means your earnings will likely have greater purchasing power.

Is Wisconsin a good place to live for New Accounts Clerks?

With a Cost of Living Index of 91.9 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Wisconsin?

Some top paying nearby cities include Wausau, WI ($46,080) and Oshkosh-Neenah, WI.

How does the Wisconsin job market compare nationally for New Accounts Clerks?

Wisconsin has a significantly higher concentration of New Accounts Clerks than the national average, with a Location Quotient of 2.74, indicating a strong local demand.

What is the typical salary range for New Accounts Clerks in Wisconsin?

While the average is $47,780, salaries can vary based on experience, with entry-level positions typically earning less and senior roles commanding higher compensation.

Is the cost of living in Wisconsin affordable for New Accounts Clerks?

Yes, with a Cost of Living Index of 91.9, Wisconsin is more affordable than the national average, meaning the $47,780 salary offers good purchasing power.

How many New Accounts Clerks are employed in Wisconsin?

There are approximately 1,970 New Accounts Clerks employed in Wisconsin, representing 0.675 jobs per 1,000 workers in the state.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,970 employees in the Wisconsin area with a job density of 0.675 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.