SalaryNode

Average Bookkeeping, Accounting, and Auditing Clerks Salary in Bloomington, IL

In Bloomington, IL, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $47,700. This figure is approximately 8% below the national average of $51,940, indicating that local market dynamics and economic factors in Bloomington influence compensation for these essential financial roles.

Executive Summary

  • Average Salary: $47,700 per year.
  • Growth Trend: Salaries have shifted 14.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $62,660.
  • Outlook: Bloomington, IL supports a local workforce of 570 individuals in bookkeeping, accounting, and auditing clerk positions. With a Location Quotient of 0.66, the concentration of these roles is slightly below the national average, suggesting a stable but not overly saturated job market within the region.
2024 Market Data

Salary Overview

$47,700

The average Bookkeeping, Accounting, and Auditing Clerks in Bloomington, IL earns-8.2%below the national average.

BreakdownBased on 40h/week
Hourly

$22.9

Weekly

$917

Monthly

$3,975

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Bloomington, IL

Career progression for Bookkeeping, Accounting, and Auditing Clerks in Bloomington, IL, typically involves a salary increase with experience. Entry-level positions may start closer to the lower percentiles, while senior clerks with specialized skills and extensive experience can command salaries significantly higher, reflecting their value and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$34,030$16.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$35,775$17.2
ManagerOversees team, compliance, and project delivery.50% (Median)$45,480$21.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$59,625$28.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$62,660$30.1

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$47,700

Gross Pay

Real Wage (Purchasing Power)

$47,700

Adjusted for COL (100)

The nominal average salary of $47,700 in Bloomington, IL, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of this salary is comparable to the national average, offering a balanced financial landscape for professionals in this field.

Job Market Context

570

Total Jobs

6.268

Per 1K Jobs

0.66

Location Quotient

Below Average

Bloomington, IL has 0.66x the national average concentration of Bookkeeping, Accounting, and Auditing Clerks jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.66 indicates that Bloomington, IL has a lower concentration of bookkeeping, accounting, and auditing clerks compared to the national average. This suggests that while the demand exists, the market may be less competitive than in larger metropolitan areas, potentially offering opportunities for skilled professionals.

Nearby Job Markets

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Bloomington, IL?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Bloomington, IL is $47,700. This typically ranges from $34,030 for entry-level positions to $62,660 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Bloomington, IL is 8.2% lower than the national median of $51,940.

Is Bloomington, IL a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

No, not particularly lucrative compared to the national average.The average salary of $47,700 is below the national average of $51,940, although the cost of living is on par with the national average.

Is Bloomington, IL a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

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

Where are the highest paying cities near Bloomington, IL?

Some top paying nearby cities include West Central Illinois nonmetropolitan area ($47,010) and East Central Illinois nonmetropolitan area.

What is the average salary for Bookkeeping, Accounting, and Auditing Clerks in Bloomington, IL?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Bloomington, IL is $47,700.

How does the Bloomington, IL salary compare to the national average?

The average salary in Bloomington, IL ($47,700) is lower than the national average salary of $51,940.

What is the Cost of Living in Bloomington, IL?

Bloomington, IL has a Cost of Living Index of 100, which is equal to the national average.

How concentrated are Bookkeeping, Accounting, and Auditing Clerk jobs in Bloomington, IL?

The concentration of these jobs in Bloomington, IL, measured by the Location Quotient, is 0.66, which is below the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 570 employees in the Bloomington, IL area with a job density of 6.268 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.