Average Bookkeeping, Accounting, and Auditing Clerks Salary in Kankakee, IL
In Kankakee, IL, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $47,080. This figure is slightly below the national average of $51,940, reflecting localized economic conditions and demand specific to the Kankakee area. While the nominal pay may be lower, the cost of living in Kankakee is also at the national average, suggesting a comparable purchasing power.
Executive Summary
- Average Salary: $47,080 per year.
- Growth Trend: Salaries have shifted 3.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $62,380.
- Outlook: The Kankakee, IL market for Bookkeeping, Accounting, and Auditing Clerks shows a stable presence, with a total local workforce of 420 individuals in this role. The Location Quotient of 1.06 indicates a concentration of these jobs slightly above the national average, suggesting a steady demand within the region that supports the existing workforce.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Kankakee, IL earns-9.4%below the national average.
$22.6
$905
$3,923
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Kankakee is not provided, the broader trend across the United States for bookkeeping and accounting roles has generally seen modest salary growth over the past four years, driven by inflation and increasing demand for financial oversight. It is reasonable to assume that Kankakee has experienced similar, albeit potentially more localized, salary adjustments.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Kankakee, IL
Within the Kankakee market, career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves salary increases with experience. Entry-level positions will likely fall at the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command salaries significantly higher, often reaching into the 75th percentile and beyond, reflecting a clear path for advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $32,480 | $15.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $35,310 | $17 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $45,870 | $22.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $58,850 | $28.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $62,380 | $30 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$47,080
Gross Pay
Real Wage (Purchasing Power)
$47,080
Adjusted for COL (100)
The average annual salary of $47,080 in Kankakee, IL, aligns precisely with the national average Cost of Living Index of 100. This means that the nominal salary offers a purchasing power that is on par with the national average, making Kankakee a financially neutral location when considering the cost of essential goods and services.
Job Market Context
420
Total Jobs
9.968
Per 1K Jobs
1.06
Location Quotient
With a location quotient of 1.06, Kankakee, IL has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
With a Location Quotient of 1.06, Kankakee, IL, demonstrates a slightly higher concentration of Bookkeeping, Accounting, and Auditing Clerk positions compared to the national average. This suggests that the job market in Kankakee is neither overly saturated nor significantly lacking in these roles, indicating a balanced and moderately competitive environment for professionals.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Chicago-Naperville-Elgin, IL-IN Bookkeeping, Accounting, and Auditing Clerks Salary | $53,560↑ 14% | 55 mi |
| Michigan City-La Porte, IN Bookkeeping, Accounting, and Auditing Clerks Salary | $46,230↓ 2% | 66 mi |
| Champaign-Urbana, IL Bookkeeping, Accounting, and Auditing Clerks Salary | $49,240↑ 5% | 72 mi |
| Lafayette-West Lafayette, IN Bookkeeping, Accounting, and Auditing Clerks Salary | $50,340↑ 7% | 72 mi |
| Bloomington, IL Bookkeeping, Accounting, and Auditing Clerks Salary | $47,700↑ 1% | 72 mi |
Comparing salaries near Kankakee, IL
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Kankakee, IL?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Kankakee, IL is $47,080. This typically ranges from $32,480 for entry-level positions to $62,380 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kankakee, IL is 9.4% lower than the national median of $51,940.
Is Kankakee, IL a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not significantly more lucrative than the national average.While the salary is competitive within its local context, the average of $47,080 is below the national average of $51,940. However, the cost of living being at the national average offsets this difference in purchasing power.
Is Kankakee, IL a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Kankakee, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kankakee, IL?
Some top paying nearby cities include Chicago-Naperville-Elgin, IL-IN ($53,560) and Michigan City-La Porte, IN.
How does Kankakee's salary compare to the national average for this role?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Kankakee, IL is $47,080, which is approximately 9% lower than the national average of $51,940.
What is the job concentration like for these roles in Kankakee?
Kankakee has a Location Quotient of 1.06 for Bookkeeping, Accounting, and Auditing Clerks, indicating a slightly higher concentration of these jobs compared to the national average.
How does the cost of living in Kankakee affect the salary?
Kankakee's Cost of Living Index is 100, which is the national average. This means the $47,080 salary has a purchasing power equivalent to the national average, despite being below the national salary average.
What is the total number of Bookkeeping, Accounting, and Auditing Clerk jobs in Kankakee?
There are approximately 420 Bookkeeping, Accounting, and Auditing Clerks employed in the Kankakee, IL area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 420 employees in the Kankakee, IL area with a job density of 9.968 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 Kankakee, IL