Financial Clerks, All Other Salary

It’s a stretch — at the median salary of $61K, rent takes 59.1% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $2,347/month. The 30% guideline puts the comfortable ceiling at roughly $1,200/month in rent — so roommates or a 1-bedroom would ease the math significantly.

The 10th-percentile wage — what new financial clerks, all others typically earn — is $47K/year. Take-home on that works out to about $2,794/month. At HUD’s $2,347/month FMR, rent would take 84% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.

Local pay is 12% above the national median — $61K here vs. $54K nationally.

Massachusetts pays $61K median vs. the U.S. average of $54K — that’s +12%. After adjusting for local cost of living (RPP 100.09), the purchasing-power equivalent is $60K — still ahead of the national median.

The median is $60,530 a year, that works out to about $29 an hour. But the range is wide: entry-level workers start around $46,570, and experienced financial clerks, all others can clear $80,280. These are BLS numbers, based on employer-reported data, not self-reported surveys.

On that salary, you'd take home roughly $3,971/month after taxes. A 2-bedroom here rents for about $2,347/month, which eats 59.1% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.

Massachusetts has a Regional Price Parity of 100.09 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median financial clerks, all other salary is worth about $60,476 in national-average purchasing power.

The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.