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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Indiana

In Indiana, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $47,930. This figure is slightly below the national average of $51,940, reflecting a combination of regional economic factors and the state's overall compensation landscape. The specific pay rates in Indiana are influenced by the local demand for these essential financial roles and the prevailing economic conditions within the state.

Executive Summary

  • Average Salary: $47,930 per year.
  • Growth Trend: Salaries have shifted 18.5% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $63,870.
  • Outlook: Indiana boasts a substantial workforce of 28,250 individuals employed as Bookkeeping, Accounting, and Auditing Clerks. With a Location Quotient of 0.94, the concentration of these roles in Indiana is nearly on par with the national average, indicating a stable and consistent demand for financial administrative professionals. The presence of nearly 9 out of every 1,000 workers in these positions suggests a robust job market that supports a significant number of these essential roles.
2024 Market Data

Salary Overview

$47,930

The average Bookkeeping, Accounting, and Auditing Clerks in Indiana earns-7.7%below the national average.

BreakdownBased on 40h/week
Hourly

$23.1

Weekly

$922

Monthly

$3,994

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Indiana

Career progression for Bookkeeping, Accounting, and Auditing Clerks in Indiana typically involves a significant salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while senior clerks with specialized skills and extensive experience can command salaries well above the average. The percentile gaps in earnings clearly signify the career trajectory and the financial rewards associated with developing expertise and taking on greater responsibilities in this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$32,600$15.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$35,948$17.3
ManagerOversees team, compliance, and project delivery.50% (Median)$46,880$22.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$59,913$28.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$63,870$30.7

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$47,930

Gross Pay

Real Wage (Purchasing Power)

$53,256

Adjusted for COL (90)

The average annual salary of $47,930 in Indiana presents a favorable financial situation when considered against the state's Cost of Living Index of 90. Since the national average index is 100, Indiana offers a cost of living that is 10% lower than the national average. This means that the nominal salary of $47,930 provides a higher effective purchasing power for residents, allowing their earnings to stretch further for housing, goods, and services compared to living in a higher-cost area.

Job Market Context

28,250

Total Jobs

8.866

Per 1K Jobs

0.94

Location Quotient

Below Average

Indiana has 0.94x 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.

With a Location Quotient of 0.94, the market for Bookkeeping, Accounting, and Auditing Clerks in Indiana is closely aligned with the national average in terms of concentration. This suggests a balanced job market where the number of professionals in these roles is neither significantly oversupplied nor undersupplied relative to the national landscape. Employers can expect a steady pool of qualified candidates, and job seekers will find a competitive but accessible market.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

CitySalaryDist.
Indianapolis-Carmel-Greenwood, IN Bookkeeping, Accounting, and Auditing Clerks Salary$49,860↑ 4%8 mi
Kokomo, IN Bookkeeping, Accounting, and Auditing Clerks Salary$45,590↓ 5%43 mi
Columbus, IN Bookkeeping, Accounting, and Auditing Clerks Salary$44,400↓ 7%48 mi
Bloomington, IN Bookkeeping, Accounting, and Auditing Clerks Salary$46,520↓ 3%49 mi
Lafayette-West Lafayette, IN Bookkeeping, Accounting, and Auditing Clerks Salary$50,340↑ 5%50 mi

Comparing salaries near Indiana

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Indiana?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Indiana is $47,930. This typically ranges from $32,600 for entry-level positions to $63,870 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Indiana is 7.7% lower than the national median of $51,940.

Is Indiana a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

Yes, especially when considering the cost of living.While the average salary is slightly below the national average, Indiana's lower cost of living significantly enhances the purchasing power of these earnings. The stable job market also provides consistent opportunities for financial professionals.

Is Indiana a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

With a Cost of Living Index of 90 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Indiana?

Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($49,860) and Kokomo, IN.

How does Indiana's average salary compare to the national average for this role?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Indiana is $47,930, which is approximately $4,010 less than the national average of $51,940.

What is the concentration of Bookkeeping, Accounting, and Auditing Clerk jobs in Indiana?

Indiana has a Location Quotient of 0.94 for these roles, indicating that the concentration of jobs is very close to the national average, suggesting a stable demand.

How does the cost of living in Indiana affect the salary?

Indiana's Cost of Living Index is 90, meaning it is 10% cheaper than the national average. This makes the $47,930 salary more valuable in terms of real purchasing power.

What is the total number of Bookkeeping, Accounting, and Auditing Clerks in Indiana?

There are approximately 28,250 individuals employed as Bookkeeping, Accounting, and Auditing Clerks in Indiana.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 28,250 employees in the Indiana area with a job density of 8.866 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 Indiana