New Accounts Clerks Salary in Massachusetts
Official Bureau of Labor Statistics Data - May 2024 - MA
Median Annual Salary in Massachusetts
$49,349
$23.73 / hour
▲ 22.0% above national avg
National Median
$40,450
$19.45 / hour nationally
COL-Adjusted Purchasing Power
$34,704
Missouri equivalent (COL: 142.2)
New Accounts Clerks Salary in Massachusetts
| Percentile | Annual Salary |
|---|---|
| 10th (Entry Level) | $26,155 |
| 25th Percentile | $35,531 |
| 50th (Median) | $49,349 |
| 75th Percentile | $68,102 |
| 90th (Top Earners) | $84,880 |
| Source: U.S. Bureau of Labor Statistics OEWS, May 2024 | |
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Cost of Living Adjusted Salary
The Massachusetts median salary of $49,349 for New Accounts Clerks has the purchasing power of approximately $34,704 in Missouri (the COL baseline state with index 100).
Massachusetts's higher cost of living (COL index: 142.2) reduces the real purchasing power of wages compared to lower-cost states.
COL data: MERIC 2024 State Cost of Living Index. Missouri = 100 baseline.
Frequently Asked Questions
How much do New Accounts Clerks make in Massachusetts?
New Accounts Clerks in Massachusetts earn a median annual salary of $49,349 per year ($23.73/hr) according to BLS OEWS data (May 2024). This is above the national median of $40,450.
Is Massachusetts a good state for New Accounts Clerks?
Massachusetts pays above the national average for new accounts clerks, making it a competitive market for this occupation. Cost of living in Massachusetts is higher average (COL index: 142.2).
What is the cost-of-living adjusted salary for New Accounts Clerks in Massachusetts?
After adjusting for cost of living (COL index: 142.2 vs. Missouri baseline of 100), the $49,349 salary in Massachusetts has the purchasing power of approximately $34,704 in Missouri. Higher living costs in Massachusetts reduce real purchasing power.
How does Massachusetts compare to neighboring states for New Accounts Clerks salaries?
For detailed comparison across all states, see the full New Accounts Clerks salary page at the national level, which includes a complete 50-state salary table.
Top Paying Jobs in Massachusetts
| # | Job Title | Median Annual |
|---|---|---|
| 1 | Radiologists | $378,102 |
| 2 | Orthopedic Surgeons, Except Pediatric | $373,588 |
| 3 | Neurologists | $360,632 |
| 4 | Surgeons, All Other | $359,314 |
| 5 | Ophthalmologists, Except Pediatric | $331,694 |
| 6 | Psychiatrists | $304,754 |
| 7 | Physicians, Pathologists | $297,582 |
| 8 | General Internal Medicine Physicians | $296,875 |
| Source: BLS OEWS May 2024 | ||
About New Accounts Clerks in Massachusetts
New Accounts Clerks work in their specialized field applying expertise and skills to deliver value in their organization. This occupation is part of the administrative sector of the U.S. economy.
Education Required: High school diploma