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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Bowling Green, KY

In Bowling Green, KY, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $44,000. This figure is notably below the national average of $51,940, suggesting that local economic factors and industry demand play a significant role in compensation within this specific Kentucky market. The cost of living in Bowling Green aligns perfectly with the national average, making this salary comparison particularly relevant for residents.

Executive Summary

  • Average Salary: $44,000 per year.
  • Growth Trend: Salaries have shifted 17.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $60,130.
  • Outlook: With a local workforce of 930 individuals in this role and a Location Quotient of 1.22, Bowling Green exhibits a concentration of these professionals slightly above the national average. This indicates a stable, and perhaps growing, demand for bookkeeping, accounting, and auditing clerks within the region, suggesting a robust job market that supports the existing workforce.
2024 Market Data

Salary Overview

$44,000

The average Bookkeeping, Accounting, and Auditing Clerks in Bowling Green, KY earns-15.3%below the national average.

BreakdownBased on 40h/week
Hourly

$21.2

Weekly

$846

Monthly

$3,667

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Bowling Green, KY

Career progression for Bookkeeping, Accounting, and Auditing Clerks in Bowling Green typically involves salary increases tied to experience and skill development. Entry-level positions will naturally command lower salaries, while senior clerks with specialized knowledge or extensive experience can expect to earn significantly more, with percentile gaps reflecting these advancements and the value of seasoned professionals.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$26,500$12.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$33,000$15.9
ManagerOversees team, compliance, and project delivery.50% (Median)$42,950$20.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$55,000$26.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$60,130$28.9

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$44,000

Gross Pay

Real Wage (Purchasing Power)

$44,000

Adjusted for COL (100)

The nominal average salary of $44,000 in Bowling Green, KY, aligns precisely with the local Cost of Living Index of 100. This means that, on average, the purchasing power of a clerk's salary in Bowling Green is equivalent to the national average, indicating that the salary is neither exceptionally high nor low relative to the cost of essential goods and services in the area.

Job Market Context

930

Total Jobs

11.517

Per 1K Jobs

1.22

Location Quotient

Above Average

With a location quotient of 1.22, Bowling Green, KY has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

A Location Quotient of 1.22 signifies that Bowling Green, KY, has a higher concentration of Bookkeeping, Accounting, and Auditing Clerks than the national average. This suggests a potentially competitive market for new entrants but also indicates a strong presence and established demand for these roles within the local economy, offering good opportunities for those already in the field.

Nearby Job Markets

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Bowling Green, KY?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Bowling Green, KY is $44,000. This typically ranges from $26,500 for entry-level positions to $60,130 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Bowling Green, KY is 15.3% lower than the national median of $51,940.

Is Bowling Green, KY a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average salary of $44,000 is below the national average of $51,940, indicating less lucrative compensation in this specific role.

Is Bowling Green, KY a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in Bowling Green, KY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Bowling Green, KY?

Some top paying nearby cities include Clarksville, TN-KY ($45,850) and Nashville-Davidson--Murfreesboro--Franklin, TN.

How does the local workforce size affect job prospects?

A local workforce of 930 suggests a substantial pool of these professionals, indicating a mature market with established opportunities but also potential competition.

What does a Location Quotient of 1.22 mean for job seekers?

A Location Quotient above 1.0 means the area has a higher concentration of these jobs than the national average, suggesting strong local demand and industry presence.

How does Bowling Green's cost of living compare nationally?

With a Cost of Living Index of 100, Bowling Green's expenses for goods and services are exactly in line with the national average.

Are there significant salary differences based on experience?

Yes, as with most professions, experience is a key driver of salary. Entry-level clerks will earn less than senior professionals with specialized skills and years of experience.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 930 employees in the Bowling Green, KY area with a job density of 11.517 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.