Average Bookkeeping, Accounting, and Auditing Clerks Salary in Knoxville, TN
In Knoxville, TN, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $47,200. This figure is slightly below the national average of $51,940, a common occurrence in areas with a cost of living that aligns with the national benchmark. Local economic factors and industry demand within Knoxville contribute to this specific compensation level.
Executive Summary
- Average Salary: $47,200 per year.
- Growth Trend: Salaries have shifted 16.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $62,750.
- Outlook: Knoxville boasts a substantial local workforce of 5,390 individuals in bookkeeping, accounting, and auditing roles, indicating a robust presence of these professions. The location quotient of 1.37 suggests a higher concentration of these jobs in Knoxville compared to the national average, signaling a potentially strong demand and a stable job market for these essential financial support roles within the region.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Knoxville, TN earns-9.1%below the national average.
$22.7
$908
$3,933
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in Knoxville have experienced gradual growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing demand for financial expertise typically drive modest annual salary increases in this sector.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Knoxville, TN
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Knoxville is typically marked by increasing salary levels. Entry-level positions often start at the lower end of the pay scale, while experienced professionals and those with specialized skills can command significantly higher salaries. The percentile gaps in earnings clearly signify the value placed on experience and advanced capabilities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $33,420 | $16.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $35,400 | $17 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $45,910 | $22.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $59,000 | $28.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $62,750 | $30.2 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$47,200
Gross Pay
Real Wage (Purchasing Power)
$47,200
Adjusted for COL (100)
The average annual salary of $47,200 in Knoxville, TN, is directly comparable to the national average cost of living index of 100. This means that the nominal salary holds its purchasing power effectively within the local market, offering a stable financial standing for professionals in this role without the immediate pressure of higher or lower living expenses.
Job Market Context
5,390
Total Jobs
12.89
Per 1K Jobs
1.37
Location Quotient
With a location quotient of 1.37, Knoxville, TN has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
With a location quotient of 1.37, Knoxville demonstrates a notable concentration of Bookkeeping, Accounting, and Auditing Clerk positions relative to the national landscape. This indicates that the job market in Knoxville is more specialized in these roles than the average U.S. city, suggesting a healthy demand and potentially fewer, but more targeted, employment opportunities.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Morristown, TN Bookkeeping, Accounting, and Auditing Clerks Salary | $43,350↓ 8% | 40 mi |
| Cleveland, TN Bookkeeping, Accounting, and Auditing Clerks Salary | $44,200↓ 6% | 75 mi |
| Asheville, NC Bookkeeping, Accounting, and Auditing Clerks Salary | $46,640↓ 1% | 83 mi |
| Kingsport-Bristol, TN-VA Bookkeeping, Accounting, and Auditing Clerks Salary | $44,880↓ 5% | 87 mi |
| Johnson City, TN Bookkeeping, Accounting, and Auditing Clerks Salary | $41,300↓ 13% | 91 mi |
Comparing salaries near Knoxville, TN
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Knoxville, TN?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Knoxville, TN is $47,200. This typically ranges from $33,420 for entry-level positions to $62,750 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Knoxville, TN is 9.1% lower than the national median of $51,940.
Is Knoxville, TN a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Moderately lucrative, with stable purchasing power.While the average salary of $47,200 is below the national average, the cost of living in Knoxville is also at the national average, meaning your earnings maintain their value. The strong local concentration of these roles suggests consistent demand.
Is Knoxville, TN a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Knoxville, TN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Knoxville, TN?
Some top paying nearby cities include Morristown, TN ($43,350) and Cleveland, TN.
How does Knoxville's salary for this role compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Knoxville, TN is $47,200, which is approximately 9.1% lower than the national average of $51,940.
What is the concentration of these jobs in Knoxville?
Knoxville has a location quotient of 1.37, meaning there are about 37% more jobs in this field per worker than the national average, indicating a higher concentration.
How many Bookkeeping, Accounting, and Auditing Clerk jobs are there per 1,000 workers in Knoxville?
There are approximately 12.89 jobs per 1,000 workers for Bookkeeping, Accounting, and Auditing Clerks in Knoxville, TN.
Does the cost of living affect the perceived value of the salary?
No, the cost of living in Knoxville is exactly at the national average (100), so the $47,200 salary has the same purchasing power as the national average salary would in a national-average cost-of-living area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,390 employees in the Knoxville, TN area with a job density of 12.89 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 Knoxville, TN