SalaryNode

Average Bookkeeping, Accounting, and Auditing Clerks Salary in Lafayette, LA

In Lafayette, LA, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $43,610. This figure is notably below the national average of $51,940, suggesting that local economic factors and industry demand play a significant role in compensation within this region. The specific market dynamics of Lafayette influence the earning potential for these essential financial roles.

Executive Summary

  • Average Salary: $43,610 per year.
  • Growth Trend: Salaries have shifted 15.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $61,190.
  • Outlook: The Lafayette job market for Bookkeeping, Accounting, and Auditing Clerks is moderately concentrated, with a total local workforce of 2,180 individuals in this field. The location quotient of 1.32 indicates a higher-than-average presence of these roles compared to the national landscape, suggesting a stable demand for skilled professionals in this sector within the Lafayette area.
2024 Market Data

Salary Overview

$43,610

The average Bookkeeping, Accounting, and Auditing Clerks in Lafayette, LA earns-16.0%below the national average.

BreakdownBased on 40h/week
Hourly

$21

Weekly

$839

Monthly

$3,634

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Lafayette, LA

Career progression for Bookkeeping, Accounting, and Auditing Clerks in Lafayette, LA, typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, while senior roles, often requiring specialized skills and extensive experience, command salaries in the higher percentiles, reflecting a clear path for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$26,750$12.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$32,708$15.7
ManagerOversees team, compliance, and project delivery.50% (Median)$41,920$20.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$54,513$26.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$61,190$29.4

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$43,610

Gross Pay

Real Wage (Purchasing Power)

$43,610

Adjusted for COL (100)

The average annual salary of $43,610 in Lafayette, LA, aligns perfectly with the local cost of living index of 100, which is the national average. This means that the nominal salary holds its purchasing power directly against the national standard, offering a stable financial environment for professionals in this role without the immediate pressure of higher or lower living expenses.

Job Market Context

2,180

Total Jobs

12.418

Per 1K Jobs

1.32

Location Quotient

Above Average

With a location quotient of 1.32, Lafayette, LA has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

With a location quotient of 1.32, Lafayette, LA, demonstrates a concentration of Bookkeeping, Accounting, and Auditing Clerk positions that is 32% higher than the national average. This suggests a robust and relatively competitive market for these professionals, indicating that employers in the area actively seek and value individuals with these financial skills.

Nearby Job Markets

Frequently Asked Questions

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

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Lafayette, LA is $43,610. This typically ranges from $26,750 for entry-level positions to $61,190 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lafayette, LA is 16.0% lower than the national median of $51,940.

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

No, but it offers stable purchasing power.While the average salary of $43,610 is below the national average, the cost of living in Lafayette is also at the national average. This means your earnings will maintain their value locally, offering financial stability.

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

The Cost of Living Index in Lafayette, LA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lafayette, LA?

Some top paying nearby cities include Baton Rouge, LA ($47,100) and Southwest Louisiana nonmetropolitan area.

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

The average salary for Bookkeeping, Accounting, and Auditing Clerks in Lafayette, LA, is $43,610, which is lower than the national average of $51,940.

What is the concentration of these jobs in Lafayette?

Lafayette has a higher concentration of these jobs, indicated by a location quotient of 1.32, meaning there are 32% more such roles per worker than the national average.

How many Bookkeeping, Accounting, and Auditing Clerk jobs are there per 1,000 workers in Lafayette?

There are approximately 12.418 jobs per 1,000 workers in Lafayette for Bookkeeping, Accounting, and Auditing Clerks.

Does the cost of living affect the value of the salary in Lafayette?

No, the cost of living in Lafayette is exactly at the national average (100), meaning the $43,610 salary has the same purchasing power as the national average salary.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,180 employees in the Lafayette, LA area with a job density of 12.418 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.