Average Bookkeeping, Accounting, and Auditing Clerks Salary in Elkhart-Goshen, IN
In Elkhart-Goshen, IN, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $48,410. This figure is slightly below the national average of $51,940, suggesting that local market dynamics and potentially a lower cost of doing business in the region influence compensation for these vital financial roles.
Executive Summary
- Average Salary: $48,410 per year.
- Growth Trend: Salaries have shifted 22.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $62,720.
- Outlook: With a local workforce of 1,040 individuals in this sector and a Location Quotient of 0.85, the Elkhart-Goshen area demonstrates a stable, though slightly less concentrated, presence of bookkeeping and accounting professionals compared to the national landscape. The rate of 8.061 jobs per 1,000 workers indicates a consistent demand for these services within the local economy.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Elkhart-Goshen, IN earns-6.8%below the national average.
$23.3
$931
$4,034
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is generally observed that roles within bookkeeping and accounting have seen steady salary growth over the past four years, driven by increasing complexity in financial regulations and the ongoing need for accurate financial record-keeping across all industries. This trend is likely reflected in Elkhart-Goshen, mirroring national patterns of modest annual increases for experienced professionals.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Elkhart-Goshen, IN
Salary progression for Bookkeeping, Accounting, and Auditing Clerks typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while senior clerks with specialized skills and extensive experience can command salaries well into the upper percentiles, reflecting their increased value and responsibility within an organization. The gap between entry-level and senior roles highlights substantial career growth potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $33,090 | $15.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $36,308 | $17.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,650 | $22.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $60,513 | $29.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $62,720 | $30.2 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$48,410
Gross Pay
Real Wage (Purchasing Power)
$48,410
Adjusted for COL (100)
The nominal average salary of $48,410 in Elkhart-Goshen, IN, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is comparable to the national average, indicating that while the salary is slightly lower than the national average, the cost of living does not present a significant disadvantage for residents.
Job Market Context
1,040
Total Jobs
8.061
Per 1K Jobs
0.85
Location Quotient
Elkhart-Goshen, IN has 0.85x 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 0.85 suggests that Elkhart-Goshen, IN, has a slightly lower concentration of Bookkeeping, Accounting, and Auditing Clerks relative to the national average. This indicates a moderately competitive market where demand is present but not overwhelmingly saturated, offering potential opportunities for skilled professionals without intense competition from a disproportionately large pool of candidates.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| South Bend-Mishawaka, IN-MI Bookkeeping, Accounting, and Auditing Clerks Salary | $47,270↓ 2% | 16 mi |
| Niles, MI Bookkeeping, Accounting, and Auditing Clerks Salary | $47,340↓ 2% | 18 mi |
| Kalamazoo-Portage, MI Bookkeeping, Accounting, and Auditing Clerks Salary | $48,590↑ 0% | 45 mi |
| Michigan City-La Porte, IN Bookkeeping, Accounting, and Auditing Clerks Salary | $46,230↓ 5% | 47 mi |
| Battle Creek, MI Bookkeeping, Accounting, and Auditing Clerks Salary | $47,480↓ 2% | 56 mi |
Comparing salaries near Elkhart-Goshen, IN
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Elkhart-Goshen, IN?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Elkhart-Goshen, IN is $48,410. This typically ranges from $33,090 for entry-level positions to $62,720 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Elkhart-Goshen, IN is 6.8% lower than the national median of $51,940.
Is Elkhart-Goshen, IN a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not exceptionally lucrative compared to the national average.The average salary of $48,410 is below the national average of $51,940, although the cost of living is also at the national average, balancing the financial impact.
Is Elkhart-Goshen, IN a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Elkhart-Goshen, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Elkhart-Goshen, IN?
Some top paying nearby cities include South Bend-Mishawaka, IN-MI ($47,270) and Niles, MI.
How does the Elkhart-Goshen salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Elkhart-Goshen, IN, is $48,410, which is approximately $3,530 less than the national average of $51,940.
What is the Cost of Living in Elkhart-Goshen, IN?
The Cost of Living Index for Elkhart-Goshen, IN, is 100, which is exactly the national average, meaning the cost of goods and services is neither significantly higher nor lower than the typical U.S. city.
How concentrated are bookkeeping jobs in Elkhart-Goshen?
With a Location Quotient of 0.85, bookkeeping and accounting roles are slightly less concentrated in Elkhart-Goshen compared to the national average, suggesting a stable but not overly saturated job market.
What is the total number of bookkeeping and accounting clerks in Elkhart-Goshen?
There are approximately 1,040 individuals employed as Bookkeeping, Accounting, and Auditing Clerks in the Elkhart-Goshen, IN, 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 1,040 employees in the Elkhart-Goshen, IN area with a job density of 8.061 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 Elkhart-Goshen, IN