In the Central Indiana nonmetropolitan area, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $43,780. This figure falls below the national average of $51,940, reflecting regional economic factors and the specific demand within this locale. The lower average pay is often tied to the cost of living and the overall economic structure of nonmetropolitan regions.
Executive Summary
- Average Salary: $43,780 per year.
- Growth Trend: Salaries have shifted 18.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $58,970.
- Outlook: The Central Indiana nonmetropolitan area supports a workforce of 1,460 individuals in bookkeeping, accounting, and auditing clerk roles. With a Location Quotient of 0.96, the concentration of these jobs is nearly on par with the national average, suggesting a stable, albeit not exceptionally concentrated, demand for these professionals. The presence of over 9 jobs per 1,000 workers indicates a consistent need for these essential financial support roles within the local economy.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Central Indiana nonmetropolitan area earns-15.7%below the national average.
$21.1
$842
$3,648
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for this precise region isn't provided, it's reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in Central Indiana have experienced gradual growth over the past four years, mirroring national trends. Economic shifts and inflation typically drive modest increases in compensation for such roles, aiming to keep pace with the cost of living and retain skilled workers.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Central Indiana nonmetropolitan area
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves salary increases tied to experience and skill development. Entry-level positions often represent the lower end of the pay scale, while senior clerks with extensive experience and specialized knowledge can command significantly higher salaries. The percentile gaps in earnings clearly signify this career trajectory, rewarding accumulated expertise and responsibility within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $30,110 | $14.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $32,835 | $15.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $43,830 | $21.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $54,725 | $26.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $58,970 | $28.4 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$43,780
Gross Pay
Real Wage (Purchasing Power)
$43,780
Adjusted for COL (100)
The average annual salary of $43,780 in the Central Indiana nonmetropolitan area aligns perfectly with the national Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that income is equivalent to the national average, making the effective financial standing comparable.
Job Market Context
1,460
Total Jobs
9.048
Per 1K Jobs
0.96
Location Quotient
Central Indiana nonmetropolitan area has 0.96x 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.
With a Location Quotient of 0.96, the job market for Bookkeeping, Accounting, and Auditing Clerks in Central Indiana is very close to the national average in terms of concentration. This suggests a balanced market where the number of professionals aligns well with the number of available positions, indicating moderate competition and a steady demand for qualified individuals.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Indianapolis-Carmel-Greenwood, IN Bookkeeping, Accounting, and Auditing Clerks Salary | $49,860↑ 14% | 8 mi |
| Kokomo, IN Bookkeeping, Accounting, and Auditing Clerks Salary | $45,590↑ 4% | 43 mi |
| Columbus, IN Bookkeeping, Accounting, and Auditing Clerks Salary | $44,400↑ 1% | 48 mi |
| Bloomington, IN Bookkeeping, Accounting, and Auditing Clerks Salary | $46,520↑ 6% | 49 mi |
| Lafayette-West Lafayette, IN Bookkeeping, Accounting, and Auditing Clerks Salary | $50,340↑ 15% | 50 mi |
Comparing salaries near Central Indiana nonmetropolitan area
Hiring Bookkeeping, Accounting, and Auditing Clerkss?
Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Central Indiana nonmetropolitan area?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Central Indiana nonmetropolitan area is $43,780. This typically ranges from $30,110 for entry-level positions to $58,970 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Central Indiana nonmetropolitan area is 15.7% lower than the national median of $51,940.
Is Central Indiana nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not particularly lucrative compared to national standards.While the cost of living is average, the nominal salary for these roles is below the national average. The market is stable but not characterized by exceptionally high compensation.
Is Central Indiana nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Central Indiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Central Indiana nonmetropolitan area?
Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($49,860) and Kokomo, IN.
How does the cost of living in Central Indiana compare to the national average?
The cost of living in the Central Indiana nonmetropolitan area is exactly at the national average, indicated by a Cost of Living Index of 100.
What is the concentration of Bookkeeping, Accounting, and Auditing Clerks in this region?
The concentration, measured by the Location Quotient, is 0.96, which is slightly below the national average, indicating a near-average presence of these roles.
How many Bookkeeping, Accounting, and Auditing Clerk jobs are there per 1,000 workers in Central Indiana?
There are approximately 9.048 jobs per 1,000 workers in this category within the Central Indiana nonmetropolitan area.
Does experience significantly impact salary for these roles in Central Indiana?
Yes, like most fields, experience is a key driver of salary increases, with senior clerks earning substantially more than entry-level positions.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,460 employees in the Central Indiana nonmetropolitan area area with a job density of 9.048 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Bookkeeping, Accounting, and Auditing Clerks Salaries by State
Top Jobs in Central Indiana nonmetropolitan area
- All Occupations Salary in Central Indiana nonmetropolitan area
- Production Occupations Salary in Central Indiana nonmetropolitan area
- Transportation and Material Moving Occupations Salary in Central Indiana nonmetropolitan area
- Office and Administrative Support Occupations Salary in Central Indiana nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in Central Indiana nonmetropolitan area
- Sales and Related Occupations Salary in Central Indiana nonmetropolitan area
- Educational Instruction and Library Occupations Salary in Central Indiana nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in Central Indiana nonmetropolitan area
- Installation, Maintenance, and Repair Occupations Salary in Central Indiana nonmetropolitan area
- Miscellaneous Assemblers and Fabricators Salary in Central Indiana nonmetropolitan area
- Browse All Jobs in Central Indiana nonmetropolitan area →
Semantic Salary Analysis for Bookkeeping, Accounting, and Auditing Clerks • Data source: BLS OEWS 2024 •Jobs in Central Indiana nonmetropolitan area