In Louisville/Jefferson County, KY-IN, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $50,070. This figure is slightly below the national average of $51,940, indicating a localized compensation structure influenced by regional economic factors and the specific demand within the area's business landscape. The cost of living in Louisville/Jefferson County aligns perfectly with the national average, making this salary competitive within its immediate economic context.
Executive Summary
- Average Salary: $50,070 per year.
- Growth Trend: Salaries have shifted 22.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $69,860.
- Outlook: The Louisville/Jefferson County, KY-IN region supports a substantial workforce of 7,330 individuals in Bookkeeping, Accounting, and Auditing Clerk roles. With a Location Quotient of 1.13, this sector shows a concentration slightly above the national average, suggesting a robust and stable demand for these professionals within the local economy. The number of jobs per 1,000 workers further underscores the presence and importance of these roles in the regional job market.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Louisville/Jefferson County, KY-IN earns-3.6%below the national average.
$24.1
$963
$4,173
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for this role in Louisville/Jefferson County is not provided, it is reasonable to assume a general upward trend in salaries for Bookkeeping, Accounting, and Auditing Clerks over the past four years, mirroring national trends. Economic growth, inflation, and increasing demand for financial expertise typically drive salary increases in this sector, suggesting that compensation has likely kept pace with or exceeded inflation in recent years.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Louisville/Jefferson County, KY-IN
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Louisville/Jefferson County, KY-IN typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, but as professionals gain expertise, develop specialized skills, and take on more complex responsibilities, their earning potential grows substantially. The salary distribution across different experience levels, often reflected in percentile gaps, clearly signifies the rewards of career advancement and accumulated knowledge in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $32,910 | $15.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,553 | $18.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,690 | $22.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $62,588 | $30.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $69,860 | $33.6 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$50,070
Gross Pay
Real Wage (Purchasing Power)
$50,070
Adjusted for COL (100)
The average annual salary of $50,070 in Louisville/Jefferson County, KY-IN is perfectly balanced by a Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power directly in line with the rest of the country, offering no significant advantage or disadvantage in terms of affordability for those relocating or living locally. Your earnings will stretch as far as they would in a typical American city.
Job Market Context
7,330
Total Jobs
10.691
Per 1K Jobs
1.13
Location Quotient
With a location quotient of 1.13, Louisville/Jefferson County, KY-IN has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
With a Location Quotient of 1.13, the market for Bookkeeping, Accounting, and Auditing Clerks in Louisville/Jefferson County, KY-IN is slightly more concentrated than the national average. This suggests that the demand for these roles is relatively strong and that the local economy has a higher proportion of these jobs compared to the nation as a whole, indicating a healthy and potentially competitive job market for skilled professionals in this field.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
Comparing salaries near Louisville/Jefferson County, KY-IN
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Louisville/Jefferson County, KY-IN?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Louisville/Jefferson County, KY-IN is $50,070. This typically ranges from $32,910 for entry-level positions to $69,860 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Louisville/Jefferson County, KY-IN is 3.6% lower than the national median of $51,940.
Is Louisville/Jefferson County, KY-IN a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, it offers competitive compensation relative to the cost of living.The average salary of $50,070 aligns perfectly with the national average cost of living (100), making it a financially stable location. Furthermore, the slightly above-average concentration of these roles (LQ 1.13) suggests consistent demand.
Is Louisville/Jefferson County, KY-IN a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Louisville/Jefferson County, KY-IN?
Some top paying nearby cities include Elizabethtown, KY ($44,210) and Columbus, IN.
How does the Louisville/Jefferson County salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Louisville/Jefferson County, KY-IN is $50,070, which is slightly lower than the national average of $51,940.
What is the Cost of Living in Louisville/Jefferson County, KY-IN?
The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100, which is exactly the national average, indicating that the general cost of goods and services is comparable to the rest of the United States.
How concentrated are Bookkeeping, Accounting, and Auditing Clerk jobs in Louisville/Jefferson County?
The Location Quotient (LQ) for these roles is 1.13, meaning they are 13% more concentrated in Louisville/Jefferson County than the national average, suggesting a strong local presence and demand.
What is the total number of Bookkeeping, Accounting, and Auditing Clerk jobs in the area?
There are approximately 7,330 individuals employed as Bookkeeping, Accounting, and Auditing Clerks in the Louisville/Jefferson County, KY-IN region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,330 employees in the Louisville/Jefferson County, KY-IN area with a job density of 10.691 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 Louisville/Jefferson County, KY-IN