SalaryNode

Average Bookkeeping, Accounting, and Auditing Clerks Salary in Champaign-Urbana, IL

In Champaign-Urbana, IL, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $49,240. This figure is slightly below the national average of $51,940, a difference often attributed to regional economic factors and the specific demand within the local market. While the nominal pay may be lower, understanding the cost of living is crucial for a complete financial picture.

Executive Summary

  • Average Salary: $49,240 per year.
  • Growth Trend: Salaries have shifted 9.8% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $65,960.
  • Outlook: The Champaign-Urbana area supports a local workforce of 760 individuals in Bookkeeping, Accounting, and Auditing Clerk roles. With a Location Quotient of 0.77, the concentration of these jobs is slightly below the national average, suggesting a stable but not exceptionally concentrated market. The presence of 7.271 jobs per 1,000 workers indicates a consistent, albeit moderate, demand for these essential financial administrative professionals.
2024 Market Data

Salary Overview

$49,240

The average Bookkeeping, Accounting, and Auditing Clerks in Champaign-Urbana, IL earns-5.2%below the national average.

BreakdownBased on 40h/week
Hourly

$23.7

Weekly

$947

Monthly

$4,103

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Champaign-Urbana, IL

Career progression for Bookkeeping, Accounting, and Auditing Clerks is typically marked by increasing salary levels. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in compensation clearly signify the career trajectory and the financial rewards associated with advancing expertise and responsibility within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$33,840$16.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$36,930$17.8
ManagerOversees team, compliance, and project delivery.50% (Median)$47,260$22.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$61,550$29.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$65,960$31.7

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$49,240

Gross Pay

Real Wage (Purchasing Power)

$49,240

Adjusted for COL (100)

The average annual salary of $49,240 in Champaign-Urbana aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal income earned by a Bookkeeping, Accounting, and Auditing Clerk in this area has purchasing power equivalent to the national average. Therefore, the salary is well-positioned to maintain a standard of living comparable to the rest of the country.

Job Market Context

760

Total Jobs

7.271

Per 1K Jobs

0.77

Location Quotient

Below Average

Champaign-Urbana, IL has 0.77x 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 0.77 for Bookkeeping, Accounting, and Auditing Clerks in Champaign-Urbana indicates that this profession is slightly less concentrated than the national average. This suggests that while the job market is not oversaturated, there may be fewer specialized opportunities compared to larger metropolitan areas. However, it also implies a steady demand that aligns with the local economic landscape.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

CitySalaryDist.
Decatur, IL Bookkeeping, Accounting, and Auditing Clerks Salary$49,670↑ 1%39 mi
West Central Illinois nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$47,010↓ 5%41 mi
East Central Illinois nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$46,410↓ 6%41 mi
Northwest Illinois nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$46,860↓ 5%41 mi
South Illinois nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$47,400↓ 4%41 mi

Comparing salaries near Champaign-Urbana, IL

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Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Champaign-Urbana, IL?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Champaign-Urbana, IL is $49,240. This typically ranges from $33,840 for entry-level positions to $65,960 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Champaign-Urbana, IL is 5.2% lower than the national median of $51,940.

Is Champaign-Urbana, IL a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

No, not exceptionally lucrative compared to the national average.While the salary is competitive with the local cost of living, the average annual pay of $49,240 is below the national average of $51,940, and the job concentration is slightly lower.

Is Champaign-Urbana, IL a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

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

Where are the highest paying cities near Champaign-Urbana, IL?

Some top paying nearby cities include Decatur, IL ($49,670) and West Central Illinois nonmetropolitan area.

How does the salary compare to the national average?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Champaign-Urbana, IL is $49,240, which is approximately 5.2% lower than the national average of $51,940.

What is the cost of living in Champaign-Urbana, IL?

Champaign-Urbana, IL has a Cost of Living Index of 100, which is exactly the national average. This means the general expenses for goods and services are comparable to the rest of the United States.

How many Bookkeeping, Accounting, and Auditing Clerks are there in Champaign-Urbana, IL?

There are approximately 760 Bookkeeping, Accounting, and Auditing Clerks employed in the Champaign-Urbana, IL area.

Is there high demand for these roles in Champaign-Urbana, IL?

The demand is moderate, with 7.271 jobs per 1,000 workers and a Location Quotient of 0.77, indicating a slightly lower concentration of these roles compared to 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 760 employees in the Champaign-Urbana, IL area with a job density of 7.271 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Bookkeeping, Accounting, and Auditing Clerks • Data source: BLS OEWS 2024 •Jobs in Champaign-Urbana, IL