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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Kentucky

Bookkeeping, Accounting, and Auditing Clerks in Kentucky earn an average annual salary of $47,150, which is below the national average of $51,940. This difference is often influenced by the state's overall economic landscape and the specific demand for these financial support roles within Kentucky's industries.

Executive Summary

  • Average Salary: $47,150 per year.
  • Growth Trend: Salaries have shifted 19.1% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $67,050.
  • Outlook: With a substantial local workforce of 22,780 individuals in this field and a Location Quotient of 1.21, Kentucky demonstrates a notable concentration of Bookkeeping, Accounting, and Auditing Clerks. This suggests a robust and established job market for these professionals within the state, indicating consistent demand and a healthy employment ecosystem.
2024 Market Data

Salary Overview

$47,150

The average Bookkeeping, Accounting, and Auditing Clerks in Kentucky earns-9.2%below the national average.

BreakdownBased on 40h/week
Hourly

$22.7

Weekly

$907

Monthly

$3,929

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Kentucky

Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while senior clerks with specialized skills or supervisory responsibilities can command significantly higher salaries, often reflected in the upper percentiles of the salary distribution.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$29,680$14.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$35,363$17
ManagerOversees team, compliance, and project delivery.50% (Median)$45,260$21.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$58,938$28.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$67,050$32.2

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$47,150

Gross Pay

Real Wage (Purchasing Power)

$52,506

Adjusted for COL (89.8)

The average annual salary of $47,150 in Kentucky presents a favorable financial situation when considered against the state's Cost of Living Index of 89.8. This index is below the national average of 100, meaning that the purchasing power of a Kentucky-based salary is likely higher than the nominal figure suggests, allowing for a potentially comfortable lifestyle.

Job Market Context

22,780

Total Jobs

11.427

Per 1K Jobs

1.21

Location Quotient

Above Average

With a location quotient of 1.21, Kentucky has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

A Location Quotient of 1.21 indicates that Kentucky has a higher concentration of Bookkeeping, Accounting, and Auditing Clerk jobs relative to the national average. This suggests that the job market in Kentucky is more specialized or has a greater demand for these roles compared to other states, potentially offering more opportunities for skilled professionals.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

CitySalaryDist.
Lexington-Fayette, KY Bookkeeping, Accounting, and Auditing Clerks Salary$49,100↑ 4%28 mi
Elizabethtown, KY Bookkeeping, Accounting, and Auditing Clerks Salary$44,210↓ 6%66 mi
Louisville/Jefferson County, KY-IN Bookkeeping, Accounting, and Auditing Clerks Salary$50,070↑ 6%72 mi
Cincinnati, OH-KY-IN Bookkeeping, Accounting, and Auditing Clerks Salary$51,490↑ 9%100 mi

Comparing salaries near Kentucky

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

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

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Kentucky is $47,150. This typically ranges from $29,680 for entry-level positions to $67,050 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Kentucky is 9.2% lower than the national median of $51,940.

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

Yes, with a caveat.While the average salary is below the national average, Kentucky's lower cost of living enhances the purchasing power of the $47,150 salary, making it relatively competitive.

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

With a Cost of Living Index of 89.8 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Kentucky?

Some top paying nearby cities include Lexington-Fayette, KY ($49,100) and Elizabethtown, KY.

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

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Kentucky is $47,150, which is approximately $4,790 less than the national average of $51,940.

What is the significance of the Location Quotient in Kentucky?

A Location Quotient of 1.21 signifies that Kentucky has a higher concentration of Bookkeeping, Accounting, and Auditing Clerk jobs than the national average, suggesting a strong local demand for these roles.

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

With a Cost of Living Index of 89.8, Kentucky is more affordable than the national average. This means the $47,150 salary can provide a higher standard of living than the same amount would in a higher-cost state.

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

There are approximately 22,780 Bookkeeping, Accounting, and Auditing Clerks employed in Kentucky.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 22,780 employees in the Kentucky area with a job density of 11.427 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 Kentucky