Average Bookkeeping, Accounting, and Auditing Clerks Salary in Illinois
Bookkeeping, Accounting, and Auditing Clerks in Illinois earn an average annual salary of $51,180. This figure is slightly below the national average of $51,940, a common occurrence in states with a lower cost of living. Local economic factors and the specific demand within Illinois's diverse industries contribute to this nuanced compensation landscape.
Executive Summary
- Average Salary: $51,180 per year.
- Growth Trend: Salaries have shifted 13.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $68,430.
- Outlook: With a substantial local workforce of 53,340 individuals in this role, Illinois demonstrates a significant presence in the bookkeeping and accounting sector. The Location Quotient of 0.93 suggests a market that is nearly on par with the national concentration, indicating a stable and robust demand for these essential financial professionals.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Illinois earns-1.5%below the national average.
$24.6
$984
$4,265
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in Illinois have seen steady growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing demand for financial expertise typically drive upward salary adjustments in this field.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Illinois
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Illinois typically involves a significant salary increase with experience. Entry-level positions might start at a lower percentile, but as professionals gain expertise and take on more complex responsibilities, their earning potential can rise substantially, with senior roles commanding significantly higher salaries, reflected in the widening percentile gaps.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,120 | $16.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $38,385 | $18.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $48,840 | $23.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $63,975 | $30.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $68,430 | $32.9 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$51,180
Gross Pay
Real Wage (Purchasing Power)
$55,752
Adjusted for COL (91.8)
The average annual salary of $51,180 in Illinois presents a favorable financial situation when considering the local Cost of Living Index of 91.8. This index, being below the national average of 100, means that the nominal salary earned by clerks in Illinois holds greater purchasing power, allowing for a potentially higher standard of living compared to more expensive regions.
Job Market Context
53,340
Total Jobs
8.794
Per 1K Jobs
0.93
Location Quotient
Illinois has 0.93x 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.
Illinois's Location Quotient of 0.93 indicates that the concentration of Bookkeeping, Accounting, and Auditing Clerks is very close to the national average. This suggests a competitive yet balanced job market, where the supply of skilled professionals aligns well with the demand from businesses across the state, offering good opportunities without extreme saturation.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Bookkeeping, Accounting, and Auditing Clerks Salary | $47,700↓ 7% | 9 mi |
| Decatur, IL Bookkeeping, Accounting, and Auditing Clerks Salary | $49,670↓ 3% | 34 mi |
| Champaign-Urbana, IL Bookkeeping, Accounting, and Auditing Clerks Salary | $49,240↓ 4% | 41 mi |
| Peoria, IL Bookkeeping, Accounting, and Auditing Clerks Salary | $48,690↓ 5% | 43 mi |
| Springfield, IL Bookkeeping, Accounting, and Auditing Clerks Salary | $49,990↓ 2% | 53 mi |
Comparing salaries near Illinois
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Illinois?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Illinois is $51,180. This typically ranges from $35,120 for entry-level positions to $68,430 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Illinois is 1.5% lower than the national median of $51,940.
Is Illinois a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, with a favorable cost of living.While the average salary is slightly below the national average, Illinois's lower cost of living means your earnings can provide a strong standard of living. The stable job market also offers good career prospects.
Is Illinois a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
With a Cost of Living Index of 91.8 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Illinois?
Some top paying nearby cities include Bloomington, IL ($47,700) and Decatur, IL.
How does Illinois's cost of living compare to the national average?
Illinois has a Cost of Living Index of 91.8, which is 8.2% lower than the national average of 100, making it a more affordable state to live in.
Is the job market for Bookkeeping Clerks strong in Illinois?
Yes, with a large workforce and a Location Quotient near the national average (0.93), the job market is stable and shows consistent demand for these roles.
Will my salary increase with experience in Illinois?
Absolutely. Like most fields, experience is a key driver of salary growth for Bookkeeping, Accounting, and Auditing Clerks, with senior positions offering significantly higher compensation.
How many Bookkeeping, Accounting, and Auditing Clerk jobs are there per 1,000 workers in Illinois?
There are approximately 8.794 jobs per 1,000 workers in Illinois for Bookkeeping, Accounting, and Auditing Clerks, indicating a healthy presence in the state's employment landscape.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 53,340 employees in the Illinois area with a job density of 8.794 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 Illinois