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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Central Kentucky nonmetropolitan area

In the Central Kentucky nonmetropolitan area, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $44,130. This figure is notably below the national average of $51,940, reflecting regional economic factors and the specific demand within this nonmetropolitan setting. The localized pay structure is influenced by the cost of doing business and the overall economic landscape of the region.

Executive Summary

  • Average Salary: $44,130 per year.
  • Growth Trend: Salaries have shifted 13.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $62,210.
  • Outlook: The Central Kentucky nonmetropolitan area supports a workforce of 1,810 individuals in Bookkeeping, Accounting, and Auditing Clerk roles. With a location quotient of 1.11, indicating a slightly higher concentration of these jobs than the national average, the market shows a steady, albeit not explosive, demand. This suggests a stable job market for these professionals within the region.
2024 Market Data

Salary Overview

$44,130

The average Bookkeeping, Accounting, and Auditing Clerks in Central Kentucky nonmetropolitan area earns-15.0%below the national average.

BreakdownBased on 40h/week
Hourly

$21.2

Weekly

$849

Monthly

$3,678

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Central Kentucky nonmetropolitan area

Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a salary increase with experience. Entry-level positions often fall within the lower percentiles, while senior clerks with specialized skills and extensive experience can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies clear opportunities for career advancement and increased earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$28,350$13.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$33,098$15.9
ManagerOversees team, compliance, and project delivery.50% (Median)$41,840$20.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$55,163$26.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$62,210$29.9

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$44,130

Gross Pay

Real Wage (Purchasing Power)

$44,130

Adjusted for COL (100)

The average annual salary of $44,130 in Central Kentucky aligns precisely with the national average cost of living index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is comparable to that of someone earning the national average salary in a location with a higher cost of living. Therefore, the financial impact of this salary is relatively neutral in terms of cost of living.

Job Market Context

1,810

Total Jobs

10.441

Per 1K Jobs

1.11

Location Quotient

Above Average

With a location quotient of 1.11, Central Kentucky nonmetropolitan area has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

A location quotient of 1.11 suggests that Bookkeeping, Accounting, and Auditing Clerk roles are slightly more concentrated in the Central Kentucky nonmetropolitan area than the national average. This indicates a healthy, slightly above-average presence of these positions, implying a competitive yet accessible job market for skilled professionals in this sector within the region.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

Comparing salaries near Central Kentucky nonmetropolitan area

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Central Kentucky nonmetropolitan area?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Central Kentucky nonmetropolitan area is $44,130. This typically ranges from $28,350 for entry-level positions to $62,210 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Central Kentucky nonmetropolitan area is 15.0% lower than the national median of $51,940.

Is Central Kentucky nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

No, not exceptionally lucrative compared to national averages.While the cost of living is average, the average salary of $44,130 is significantly lower than the national average of $51,940, indicating less lucrative earning potential.

Is Central Kentucky nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in Central Kentucky nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Central Kentucky nonmetropolitan area?

Some top paying nearby cities include Lexington-Fayette, KY ($49,100) and Elizabethtown, KY.

How does the Central Kentucky salary compare to the national average?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Central Kentucky is $44,130, which is approximately $7,810 less than the national average of $51,940.

What is the concentration of Bookkeeping, Accounting, and Auditing Clerk jobs in Central Kentucky?

The location quotient of 1.11 indicates a slightly higher concentration of these jobs in Central Kentucky compared to the national average, suggesting a stable demand.

How does the cost of living affect the salary in Central Kentucky?

With a cost of living index of 100, the purchasing power of the $44,130 salary in Central Kentucky is equivalent to the national average, meaning it is neither particularly high nor low in real terms.

What is the total number of Bookkeeping, Accounting, and Auditing Clerk jobs in Central Kentucky?

There are approximately 1,810 individuals employed as Bookkeeping, Accounting, and Auditing Clerks in the Central Kentucky nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,810 employees in the Central Kentucky nonmetropolitan area area with a job density of 10.441 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.