Average Bookkeeping, Accounting, and Auditing Clerks Salary in Bloomington, IN
In Bloomington, IN, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $46,520. This figure is slightly below the national average of $51,940, reflecting localized economic factors and demand within the region. While the nominal salary may appear lower, understanding the cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $46,520 per year.
- Growth Trend: Salaries have shifted 18.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $61,090.
- Outlook: With a local workforce of 720 individuals in this specific role and a Location Quotient of 1.05, Bloomington exhibits a concentration of these positions that is slightly above the national average. This suggests a stable, if not slightly growing, demand for bookkeeping, accounting, and auditing clerks within the local market, indicating a robust job environment for these professionals.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Bloomington, IN earns-10.4%below the national average.
$22.4
$895
$3,877
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Bloomington is not provided, it is generally assumed that salaries for Bookkeeping, Accounting, and Auditing Clerks have seen consistent growth over the past four years, mirroring national trends. This upward trajectory is driven by inflation, increasing demand for financial services, and the evolving complexity of accounting regulations.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Bloomington, IN
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a significant salary increase with experience. Entry-level positions might start at the lower end of the pay scale, while senior clerks with specialized skills and years of experience can command salaries well above the average. The percentile gaps in salary distribution clearly signify the potential for substantial career and financial advancement within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $32,590 | $15.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,890 | $16.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,220 | $22.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $58,150 | $28 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $61,090 | $29.4 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$46,520
Gross Pay
Real Wage (Purchasing Power)
$46,520
Adjusted for COL (100)
The average annual salary of $46,520 in Bloomington, IN, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary is equivalent to the national average, suggesting that the nominal salary provides a comparable standard of living to that experienced across the United States.
Job Market Context
720
Total Jobs
9.876
Per 1K Jobs
1.05
Location Quotient
With a location quotient of 1.05, Bloomington, IN has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
Bloomington's Location Quotient of 1.05 indicates that the concentration of Bookkeeping, Accounting, and Auditing Clerk positions is slightly higher than the national average. This suggests a healthy and competitive job market where demand is met by a slightly more abundant supply of professionals compared to the rest of the country, offering good opportunities for both employers and job seekers.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
Comparing salaries near Bloomington, IN
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Bloomington, IN?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Bloomington, IN is $46,520. This typically ranges from $32,590 for entry-level positions to $61,090 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bloomington, IN is 10.4% lower than the national median of $51,940.
Is Bloomington, IN a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, with a comparable standard of living.While the average salary is slightly below the national average, the cost of living is also at the national average, meaning your earnings hold equivalent purchasing power. The slightly above-average concentration of these roles also suggests stable demand.
Is Bloomington, IN a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Bloomington, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bloomington, IN?
Some top paying nearby cities include Columbus, IN ($44,400) and Indianapolis-Carmel-Greenwood, IN.
How does Bloomington's salary compare to the national average?
Bookkeeping, Accounting, and Auditing Clerks in Bloomington earn an average of $46,520 annually, which is approximately 10% less than the national average of $51,940.
What is the cost of living in Bloomington, IN?
Bloomington, IN has a Cost of Living Index of 100, which is exactly the national average, indicating that the general cost of goods and services is comparable to the rest of the United States.
Is there high demand for accounting clerks in Bloomington?
With a Location Quotient of 1.05, Bloomington shows a slightly higher concentration of these roles than the national average, suggesting a stable to moderately high demand within the local job market.
How much can experience increase a Bookkeeping Clerk's salary in Bloomington?
While specific figures vary, experienced Bookkeeping, Accounting, and Auditing Clerks can expect significantly higher salaries than entry-level professionals, with senior roles often commanding pay well above the $46,520 average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 720 employees in the Bloomington, IN area with a job density of 9.876 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Bookkeeping, Accounting, and Auditing Clerks • Data source: BLS OEWS 2024 •Jobs in Bloomington, IN