Average Bookkeeping, Accounting, and Auditing Clerks Salary in Morristown, TN
In Morristown, TN, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $43,350. This figure is below the national average of $51,940, reflecting localized economic conditions and demand specific to the Morristown area. Factors such as the regional cost of doing business and the concentration of relevant industries play a significant role in shaping compensation for these essential financial roles.
Executive Summary
- Average Salary: $43,350 per year.
- Growth Trend: Salaries have shifted 16.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $59,150.
- Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in Morristown, TN, appears stable, with a total local workforce of 470 individuals in this role. The location quotient of 1.04 suggests a concentration of these positions that is slightly above the national average, indicating a steady, if not growing, demand within the local economy for these specialized skills.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Morristown, TN earns-16.5%below the national average.
$20.8
$834
$3,613
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Morristown is not provided, it is reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in the region have experienced a gradual upward trend over the past four years, mirroring national patterns. This growth is typically driven by inflation, increasing demand for financial expertise, and the need for businesses to adapt to evolving regulatory landscapes.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Morristown, TN
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Morristown, TN, typically involves a salary increase with experience. Entry-level positions will likely fall at the lower end of the pay scale, while senior clerks with extensive experience and specialized knowledge can command significantly higher salaries, often reaching into the upper percentiles of the salary range. These percentile gaps highlight the tangible rewards of career development and skill acquisition in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $31,200 | $15 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $32,513 | $15.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $42,390 | $20.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $54,188 | $26.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $59,150 | $28.4 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$43,350
Gross Pay
Real Wage (Purchasing Power)
$43,350
Adjusted for COL (100)
The nominal average salary of $43,350 in Morristown, TN, aligns perfectly with the national average cost of living index of 100. This suggests that the purchasing power of an accountant's salary in Morristown is comparable to the national average, meaning that while the take-home pay is lower than the national average, the cost of essential goods and services is also at parity, offering a balanced financial outlook.
Job Market Context
470
Total Jobs
9.863
Per 1K Jobs
1.04
Location Quotient
With a location quotient of 1.04, Morristown, 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 1.04, Morristown, TN, demonstrates a slightly higher concentration of Bookkeeping, Accounting, and Auditing Clerk positions compared to the national average. This indicates that the job market in Morristown is marginally more robust or specialized in this sector than the typical U.S. city, suggesting a healthy demand for these professionals within the local business community.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Knoxville, TN Bookkeeping, Accounting, and Auditing Clerks Salary | $47,200↑ 9% | 40 mi |
| Kingsport-Bristol, TN-VA Bookkeeping, Accounting, and Auditing Clerks Salary | $44,880↑ 4% | 47 mi |
| Johnson City, TN Bookkeeping, Accounting, and Auditing Clerks Salary | $41,300↓ 5% | 52 mi |
| Asheville, NC Bookkeeping, Accounting, and Auditing Clerks Salary | $46,640↑ 8% | 61 mi |
Comparing salaries near Morristown, TN
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Morristown, TN?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Morristown, TN is $43,350. This typically ranges from $31,200 for entry-level positions to $59,150 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Morristown, TN is 16.5% lower than the national median of $51,940.
Is Morristown, TN a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not exceptionally lucrative compared to the national average.While the salary of $43,350 is competitive within the local market, it falls below the national average. However, the cost of living is also at the national average, making the effective purchasing power comparable.
Is Morristown, TN a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Morristown, TN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Morristown, TN?
Some top paying nearby cities include Knoxville, TN ($47,200) and Kingsport-Bristol, TN-VA.
How does Morristown's average salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Morristown, TN, is $43,350, which is lower than the national average of $51,940.
What is the concentration of accounting clerks in Morristown, TN?
Morristown, TN has a location quotient of 1.04 for Bookkeeping, Accounting, and Auditing Clerks, indicating a concentration slightly above the national average.
How does the cost of living in Morristown, TN affect salary perception?
The cost of living in Morristown, TN, is exactly at the national average (100). This means the lower nominal salary of $43,350 has a purchasing power equivalent to the national average salary in a higher cost-of-living area.
What does the total local workforce number suggest about the job market?
With 470 Bookkeeping, Accounting, and Auditing Clerks employed locally, it indicates a substantial presence of these roles, supporting the slightly above-average location quotient.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 470 employees in the Morristown, TN area with a job density of 9.863 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 Morristown, TN