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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Chattanooga, TN-GA

Bookkeeping, Accounting, and Auditing Clerks in Chattanooga, TN-GA earn an average annual salary of $46,600. This figure is slightly below the national average of $51,940, reflecting regional economic factors and the specific demand within the local job market. The concentration of these roles in Chattanooga, however, suggests a stable employment landscape for professionals in this field.

Executive Summary

  • Average Salary: $46,600 per year.
  • Growth Trend: Salaries have shifted 15.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $63,130.
  • Outlook: With a total local workforce of 2,960 individuals in this sector, Chattanooga presents a moderately sized but established job market for Bookkeeping, Accounting, and Auditing Clerks. The Location Quotient of 1.16 indicates that this profession is slightly more concentrated in Chattanooga than the national average, suggesting a healthy demand and a robust presence of these roles within the local economy.
2024 Market Data

Salary Overview

$46,600

The average Bookkeeping, Accounting, and Auditing Clerks in Chattanooga, TN-GA earns-10.3%below the national average.

BreakdownBased on 40h/week
Hourly

$22.4

Weekly

$896

Monthly

$3,883

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Chattanooga, TN-GA

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

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$31,820$15.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$34,950$16.8
ManagerOversees team, compliance, and project delivery.50% (Median)$45,740$22
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$58,250$28
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$63,130$30.4

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$46,600

Gross Pay

Real Wage (Purchasing Power)

$46,600

Adjusted for COL (100)

The average annual salary of $46,600 in Chattanooga, TN-GA aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power directly against the national standard, offering a stable financial outlook for residents without the immediate pressure of higher or lower living expenses.

Job Market Context

2,960

Total Jobs

10.994

Per 1K Jobs

1.16

Location Quotient

Above Average

With a location quotient of 1.16, Chattanooga, TN-GA has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

A Location Quotient of 1.16 for Bookkeeping, Accounting, and Auditing Clerks in Chattanooga signifies a slightly higher concentration of these jobs compared to the national average. This suggests that the job market in Chattanooga is relatively robust and potentially more competitive for these roles, with employers actively seeking qualified candidates within the local talent pool.

Nearby Job Markets

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Chattanooga, TN-GA?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Chattanooga, TN-GA is $46,600. This typically ranges from $31,820 for entry-level positions to $63,130 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Chattanooga, TN-GA is 10.3% lower than the national median of $51,940.

Is Chattanooga, TN-GA a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

Moderately. The average salary aligns with the national cost of living.While the average salary of $46,600 is below the national average, it is balanced by a Cost of Living Index of 100. The Location Quotient of 1.16 indicates a stable, slightly above-average presence of these jobs.

Is Chattanooga, TN-GA a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in Chattanooga, TN-GA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Chattanooga, TN-GA?

Some top paying nearby cities include Cleveland, TN ($44,200) and Dalton, GA.

How does Chattanooga's average salary compare to the national average?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Chattanooga, TN-GA is $46,600, which is approximately 10% lower than the national average of $51,940.

What is the significance of the Location Quotient (LQ) in Chattanooga?

An LQ of 1.16 means that Bookkeeping, Accounting, and Auditing Clerk roles are 16% more concentrated in Chattanooga than the national average, indicating a stronger local presence and demand for these professionals.

How does the Cost of Living affect the salary in Chattanooga?

With a Cost of Living Index of 100, Chattanooga's living expenses are on par with the national average. Therefore, the $46,600 salary offers purchasing power equivalent to the national median.

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

There are approximately 2,960 individuals employed as Bookkeeping, Accounting, and Auditing Clerks within the Chattanooga, TN-GA metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,960 employees in the Chattanooga, TN-GA area with a job density of 10.994 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.