In Indianapolis-Carmel-Greenwood, IN, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $49,860. This figure is slightly below the national average of $51,940, indicating a localized pay scale influenced by regional economic factors and the specific demand within the metropolitan area. The cost of living in Indianapolis aligns perfectly with the national average, making this salary's purchasing power comparable to the national median.
Executive Summary
- Average Salary: $49,860 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $66,300.
- Outlook: The Indianapolis-Carmel-Greenwood metropolitan area supports a robust workforce of 9,350 Bookkeeping, Accounting, and Auditing Clerks. With a Location Quotient of 0.9, the concentration of these roles is nearly on par with the national average, suggesting a stable and consistent demand for these essential financial support positions within the local economy. The presence of a substantial workforce indicates a mature job market with ongoing opportunities.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Indianapolis-Carmel-Greenwood, IN earns-4.0%below the national average.
$24
$959
$4,155
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for this role in Indianapolis is not provided, it is generally observed that positions within bookkeeping and accounting have seen consistent salary growth over the past four years, driven by inflation, increasing business complexity, and a steady demand for financial record-keeping professionals. This trend is likely reflected in the Indianapolis market, contributing to the current average salary.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Indianapolis-Carmel-Greenwood, IN
Career progression for Bookkeeping, Accounting, and Auditing Clerks 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 salary distribution signify clear opportunities for career advancement and increased earning potential within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $34,780 | $16.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,395 | $18 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $48,060 | $23.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $62,325 | $30 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $66,300 | $31.9 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$49,860
Gross Pay
Real Wage (Purchasing Power)
$49,860
Adjusted for COL (100)
The nominal average annual salary of $49,860 in Indianapolis-Carmel-Greenwood, IN, holds its value effectively due to the local Cost of Living Index being exactly at the national average of 100. This means that the purchasing power of the salary is directly comparable to the national median, making relocation financially neutral from a cost-of-living perspective.
Job Market Context
9,350
Total Jobs
8.526
Per 1K Jobs
0.9
Location Quotient
Indianapolis-Carmel-Greenwood, IN has 0.90x 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 0.9 for Bookkeeping, Accounting, and Auditing Clerks in Indianapolis-Carmel-Greenwood indicates that the concentration of these jobs is slightly below the national average. This suggests that while the job market is substantial, it is not disproportionately concentrated compared to other regions, implying a balanced level of competition and availability for skilled professionals.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
Comparing salaries near Indianapolis-Carmel-Greenwood, IN
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Indianapolis-Carmel-Greenwood, IN?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Indianapolis-Carmel-Greenwood, IN is $49,860. This typically ranges from $34,780 for entry-level positions to $66,300 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Indianapolis-Carmel-Greenwood, IN is 4.0% lower than the national median of $51,940.
Is Indianapolis-Carmel-Greenwood, IN a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, it is slightly below the national average.The average salary of $49,860 is slightly less than the national average of $51,940. However, the cost of living is exactly at the national average, meaning the salary's purchasing power is comparable.
Is Indianapolis-Carmel-Greenwood, IN a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Indianapolis-Carmel-Greenwood, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Indianapolis-Carmel-Greenwood, IN?
Some top paying nearby cities include Northern Indiana nonmetropolitan area ($45,060) and Southern Indiana nonmetropolitan area.
How does the Indianapolis salary compare to the national average?
The average salary for Bookkeeping, Accounting, and Auditing Clerks in Indianapolis is $49,860, which is slightly lower than the national average of $51,940.
What is the cost of living in Indianapolis-Carmel-Greenwood, IN?
The Cost of Living Index for Indianapolis-Carmel-Greenwood, IN is 100, which is exactly the national average.
How many Bookkeeping, Accounting, and Auditing Clerk jobs are there in Indianapolis?
There are approximately 9,350 Bookkeeping, Accounting, and Auditing Clerks in the Indianapolis-Carmel-Greenwood metropolitan area.
Is the job market for Bookkeeping, Accounting, and Auditing Clerks concentrated in Indianapolis?
With a Location Quotient of 0.9, the concentration of these jobs in Indianapolis is slightly below the national average, indicating a balanced market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 9,350 employees in the Indianapolis-Carmel-Greenwood, IN area with a job density of 8.526 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 Indianapolis-Carmel-Greenwood, IN