In the East Kentucky nonmetropolitan area, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $41,930. This figure falls below the national average of $51,940, a common trend in regions with lower costs of living and different industry concentrations. The localized economic landscape and demand for these specific financial roles significantly influence compensation levels.
Executive Summary
- Average Salary: $41,930 per year.
- Growth Trend: Salaries have shifted 26.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $59,010.
- Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in East Kentucky is moderately concentrated, indicated by a Location Quotient of 1.38, suggesting a slightly higher prevalence of these roles compared to the national average. With a local workforce of 1,200 individuals in this sector, the presence of 13.002 jobs per 1,000 workers points to a stable, albeit not rapidly expanding, demand for these essential financial support positions within the region.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in East Kentucky nonmetropolitan area earns-19.3%below the national average.
$20.2
$806
$3,494
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for this precise region and role is not provided, it is generally assumed that salaries for Bookkeeping, Accounting, and Auditing Clerks in nonmetropolitan areas like East Kentucky have seen modest growth over the past four years. This growth is typically driven by inflation, increasing demand for financial record-keeping, and the need to retain skilled professionals, even in areas with a lower cost of living.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in East Kentucky nonmetropolitan area
Career progression for Bookkeeping, Accounting, and Auditing Clerks in East Kentucky typically involves moving from entry-level positions to more senior roles, which naturally commands higher compensation. While specific percentile data is unavailable, the typical salary range widens significantly with experience, with senior clerks earning considerably more than their junior counterparts. These salary gaps reflect increased responsibility, specialized skills, and a proven track record within the accounting field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $25,750 | $12.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $31,448 | $15.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $39,540 | $19 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $52,413 | $25.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $59,010 | $28.4 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$41,930
Gross Pay
Real Wage (Purchasing Power)
$41,930
Adjusted for COL (100)
The nominal average annual salary of $41,930 in East Kentucky aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of the salary in this region is comparable to the national average. While the absolute salary is lower than the national average, the equivalent cost of living suggests that the take-home pay may offer similar lifestyle affordability as in higher-cost national areas.
Job Market Context
1,200
Total Jobs
13.002
Per 1K Jobs
1.38
Location Quotient
With a location quotient of 1.38, East Kentucky nonmetropolitan area has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
With a Location Quotient of 1.38, the East Kentucky nonmetropolitan area exhibits a concentration of Bookkeeping, Accounting, and Auditing Clerk roles that is 38% higher than the national average. This suggests a relatively robust demand for these professionals within the local economy, indicating that the job market is more favorable for job seekers in this field compared to national averages, though the total workforce size of 1,200 implies a smaller absolute number of opportunities.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Lexington-Fayette, KY Bookkeeping, Accounting, and Auditing Clerks Salary | $49,100↑ 17% | 28 mi |
| Elizabethtown, KY Bookkeeping, Accounting, and Auditing Clerks Salary | $44,210↑ 5% | 66 mi |
| Louisville/Jefferson County, KY-IN Bookkeeping, Accounting, and Auditing Clerks Salary | $50,070↑ 19% | 72 mi |
| Cincinnati, OH-KY-IN Bookkeeping, Accounting, and Auditing Clerks Salary | $51,490↑ 23% | 100 mi |
Comparing salaries near East Kentucky nonmetropolitan area
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in East Kentucky nonmetropolitan area?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in East Kentucky nonmetropolitan area is $41,930. This typically ranges from $25,750 for entry-level positions to $59,010 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in East Kentucky nonmetropolitan area is 19.3% lower than the national median of $51,940.
Is East Kentucky nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not in terms of absolute salary.The average salary of $41,930 is significantly lower than the national average. However, with a Cost of Living Index of 100, the purchasing power is comparable to the national average, making it less about lucrativeness and more about affordability.
Is East Kentucky nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in East Kentucky nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near East Kentucky nonmetropolitan area?
Some top paying nearby cities include Lexington-Fayette, KY ($49,100) and Elizabethtown, KY.
How does the East Kentucky salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in East Kentucky is $41,930, which is $10,010 less than the national average of $51,940.
What is the job concentration for these roles in East Kentucky?
The job concentration, measured by the Location Quotient, is 1.38, indicating that these roles are 38% more prevalent in East Kentucky than the national average.
How does the Cost of Living in East Kentucky affect the salary?
East Kentucky has a Cost of Living Index of 100, which is the national average. This means the $41,930 salary has a purchasing power equivalent to the national average, despite being a lower nominal figure.
What is the total number of Bookkeeping, Accounting, and Auditing Clerks in East Kentucky?
There are approximately 1,200 Bookkeeping, Accounting, and Auditing Clerks employed in the East 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 1,200 employees in the East Kentucky nonmetropolitan area area with a job density of 13.002 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Bookkeeping, Accounting, and Auditing Clerks • Data source: BLS OEWS 2024 •Jobs in East Kentucky nonmetropolitan area