Income and benefits
According to the Bureau of Labor Statistics, the median annual wage for bookkeepers in the United States was $42,410 n 2020. The lowest 10 percent earned less than $27,050 and the highest 10 percent earned more than $63,900.
The top paying industry for bookkeepers was the professional, scientific and technical services, where the median annual salary was $44,420. This was followed by the finance and insurance industry ($44,140), then the wholesale trade ($43,370), healthcare and social assistance ($41,100) and finally, the retail trade ($37,230).
Autonomy and flexibility
Bookkeepers don’t have a huge amount of autonomy and flexibility. Often, they are working under the instruction of accountants or business executives and have little control over the decisions surrounding the organization. On top of this, flexibility is low too, as bookkeepers have to work their schedule around the organization they work for.
Locations and commute
According to Zippia, the best states to be a bookkeeper based on average annual salary and number of jobs available, are:
- Delaware, where the average annual salary is $43,531
- New York, where the average annual salary is $43,987
- Connecticut, where the average annual salary is $43,125
- Massachusetts, where the average annual salary is $42,182
- New Jersey, where the average annual salary is $43,345
The worst states to be a bookkeeper, according to Zippia, are Alaska, Arkansas, Louisiana, West Virginia and Mississippi.
The largest employer of bookkeepers in the United States was the professional, scientific and technical services industry, which employed 13% of all bookkeepers in the United States. This was followed by retail trade (8%), wholesale trade (8%), healthcare and social assistants (7%) and, finally, finance and insurance (6%).
Most bookkeepers will work in offices. Bookkeepers who work for multiple firms may visit their clients’ places of business. They often work alone, however sometimes they collaborate with accountants, managers, and auditing clerks from other departments.