Average Bookkeeping, Accounting, and Auditing Clerks Salary in Lima, OH
In Lima, OH, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $45,810. This figure is notably below the national average of $51,940, reflecting regional economic factors and the specific demand dynamics within the local market. The compensation in Lima is influenced by the overall economic landscape and the concentration of businesses requiring these essential financial roles.
Executive Summary
- Average Salary: $45,810 per year.
- Growth Trend: Salaries have shifted 17.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $63,350.
- Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in Lima, OH, appears stable, with a total local workforce of 410 individuals in this profession. The Location Quotient of 0.87 suggests a concentration slightly below the national average, indicating a balanced but not oversaturated market. With 8.181 jobs per 1,000 workers, there is a consistent presence of these roles, pointing to ongoing demand within the local economy.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Lima, OH earns-11.8%below the national average.
$22
$881
$3,818
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Lima, OH, is not provided, it is reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks have seen gradual growth over the past four years, mirroring national trends. Economic recovery, inflation, and increasing demand for financial expertise typically drive salary increases in this sector, suggesting a positive trajectory for compensation in this field.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Lima, OH
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Lima, OH, is typically marked by increasing salary levels. Entry-level positions will naturally command lower salaries, while experienced professionals with specialized skills and a proven track record can expect to earn significantly more. The percentile gaps in salary distribution, though not detailed here, generally signify the opportunities for advancement from junior to senior roles within the accounting and bookkeeping field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $31,290 | $15 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,358 | $16.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,450 | $21.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $57,263 | $27.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $63,350 | $30.5 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$45,810
Gross Pay
Real Wage (Purchasing Power)
$45,810
Adjusted for COL (100)
The average annual salary of $45,810 in Lima, OH, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that the cost of essential goods and services in Lima is on par with the rest of the country. Therefore, the stated salary provides a standard of living comparable to the national benchmark.
Job Market Context
410
Total Jobs
8.181
Per 1K Jobs
0.87
Location Quotient
Lima, OH has 0.87x 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.
With a Location Quotient of 0.87, the market for Bookkeeping, Accounting, and Auditing Clerks in Lima, OH, is slightly less concentrated than the national average. This suggests that while the profession is present and necessary, it is not a dominant industry in the region compared to other areas. The job market is likely competitive but offers opportunities for skilled professionals without the intense saturation found in areas with a higher concentration.
Nearby Job Markets
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Comparing salaries near Lima, OH
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Lima, OH?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Lima, OH is $45,810. This typically ranges from $31,290 for entry-level positions to $63,350 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lima, OH is 11.8% lower than the national median of $51,940.
Is Lima, OH a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not particularly lucrative compared to the national average.The average salary of $45,810 is below the national average of $51,940, though the cost of living is also at the national average. This indicates that while the cost of living is manageable, the earning potential is somewhat diminished relative to national benchmarks.
Is Lima, OH a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Lima, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lima, OH?
Some top paying nearby cities include Springfield, OH ($46,970) and Fort Wayne, IN.
How does experience affect salary for Bookkeeping, Accounting, and Auditing Clerks in Lima, OH?
Experience is a significant factor in salary determination. Entry-level positions will offer lower compensation, while senior roles requiring extensive experience and specialized skills will command higher salaries, reflecting increased responsibility and expertise.
What is the job market like for these roles in Lima, OH?
The job market is stable with a moderate concentration of these roles. The Location Quotient of 0.87 indicates a balanced market, suggesting consistent demand without excessive competition.
How does Lima, OH's cost of living compare to the national average?
Lima, OH, has a Cost of Living Index of 100, which is exactly the national average. This means that the general cost of goods and services in Lima is comparable to the rest of the United States.
Is the salary for Bookkeeping, Accounting, and Auditing Clerks in Lima, OH sufficient for the local cost of living?
Yes, the average salary of $45,810 is sufficient as it aligns with the national average cost of living. While not exceeding national earning potential, it provides a comparable standard of living to the average American.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 410 employees in the Lima, OH area with a job density of 8.181 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 Lima, OH