Average Bookkeeping, Accounting, and Auditing Clerks Salary in Michigan City-La Porte, IN
In Michigan City-La Porte, IN, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $46,230. This figure is notably below the national average of $51,940, suggesting that local economic factors and demand dynamics play a significant role in compensation within this region. The specific economic landscape of Michigan City-La Porte influences the earning potential for these essential financial roles.
Executive Summary
- Average Salary: $46,230 per year.
- Growth Trend: Salaries have shifted 28.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $62,290.
- Outlook: The local market for Bookkeeping, Accounting, and Auditing Clerks in Michigan City-La Porte, IN, appears stable, with a total workforce of 360 individuals in this role. The Location Quotient of 0.92 indicates a concentration slightly below the national average, suggesting that while the profession is present, it is not disproportionately dominant compared to other areas. The rate of 8.719 jobs per 1,000 workers further contextualizes the steady, albeit not exceptionally high, demand for these services in the region.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Michigan City-La Porte, IN earns-11.0%below the national average.
$22.2
$889
$3,853
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for the past four years is not provided, it is a general economic trend that salaries for skilled positions like Bookkeeping, Accounting, and Auditing Clerks tend to experience incremental growth over time. This growth is typically driven by inflation, increasing demand for financial expertise, and the evolving complexity of accounting regulations. Therefore, it is reasonable to assume that clerks in Michigan City-La Porte have likely seen a modest upward trend in their earnings over the last four years, mirroring broader economic patterns.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Michigan City-La Porte, IN
Career progression for Bookkeeping, Accounting, and Auditing Clerks significantly impacts earning potential. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive experience and specialized skills can achieve substantially higher compensation. The percentile gaps in salary distribution reflect these differences, with senior clerks often earning well above the average, showcasing a clear career trajectory and the financial rewards associated with accumulating expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $31,230 | $15 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,673 | $16.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,120 | $22.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $57,788 | $27.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $62,290 | $29.9 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$46,230
Gross Pay
Real Wage (Purchasing Power)
$46,230
Adjusted for COL (100)
The average annual salary of $46,230 for Bookkeeping, Accounting, and Auditing Clerks in Michigan City-La Porte, IN, 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, indicating that the cost of essential goods and services is neither a significant advantage nor a disadvantage for professionals in this role when relocating to or residing in this area.
Job Market Context
360
Total Jobs
8.719
Per 1K Jobs
0.92
Location Quotient
Michigan City-La Porte, IN has 0.92x 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 0.92, the Michigan City-La Porte, IN market for Bookkeeping, Accounting, and Auditing Clerks is slightly less concentrated than the national average. This suggests a competitive but not oversaturated job market; while there are ample opportunities, the demand is relatively in line with the national distribution of these roles. Professionals may find a balanced environment where their skills are valued, but the sheer volume of available positions might not be as high as in areas with a higher concentration.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| South Bend-Mishawaka, IN-MI Bookkeeping, Accounting, and Auditing Clerks Salary | $47,270↑ 2% | 31 mi |
| Niles, MI Bookkeeping, Accounting, and Auditing Clerks Salary | $47,340↑ 2% | 33 mi |
| Chicago-Naperville-Elgin, IL-IN Bookkeeping, Accounting, and Auditing Clerks Salary | $53,560↑ 16% | 41 mi |
| Elkhart-Goshen, IN Bookkeeping, Accounting, and Auditing Clerks Salary | $48,410↑ 5% | 47 mi |
| Kankakee, IL Bookkeeping, Accounting, and Auditing Clerks Salary | $47,080↑ 2% | 66 mi |
Comparing salaries near Michigan City-La Porte, IN
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Michigan City-La Porte, IN?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Michigan City-La Porte, IN is $46,230. This typically ranges from $31,230 for entry-level positions to $62,290 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Michigan City-La Porte, IN is 11.0% lower than the national median of $51,940.
Is Michigan City-La Porte, IN a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, it is not exceptionally lucrative compared to the national average.The average salary of $46,230 is below the national average of $51,940, although the cost of living is on par with the national average.
Is Michigan City-La Porte, IN a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Michigan City-La Porte, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Michigan City-La Porte, IN?
Some top paying nearby cities include South Bend-Mishawaka, IN-MI ($47,270) and Niles, MI.
How does the Michigan City-La Porte salary compare to the national average?
Bookkeeping, Accounting, and Auditing Clerks in Michigan City-La Porte, IN, earn an average of $46,230 annually, which is less than the national average of $51,940.
What is the cost of living in Michigan City-La Porte, IN?
The Cost of Living Index for Michigan City-La Porte, IN, is 100, which is exactly the national average, meaning it is neither more nor less expensive to live there compared to the rest of the country.
How concentrated is the job market for Bookkeeping, Accounting, and Auditing Clerks in this area?
The job market has a Location Quotient of 0.92, indicating it is slightly less concentrated than the national average, suggesting a stable but not overly saturated employment landscape.
What is the total number of Bookkeeping, Accounting, and Auditing Clerks in Michigan City-La Porte, IN?
There are approximately 360 Bookkeeping, Accounting, and Auditing Clerks employed in the Michigan City-La Porte, IN area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the Michigan City-La Porte, IN area with a job density of 8.719 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 Michigan City-La Porte, IN