SalaryNode

Average Bookkeeping, Accounting, and Auditing Clerks Salary in Muncie, IN

In Muncie, IN, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $44,140. This figure is notably below the national average of $51,940, reflecting regional economic factors and local demand dynamics that influence compensation for these essential financial roles.

Executive Summary

  • Average Salary: $44,140 per year.
  • Growth Trend: Salaries have shifted 20.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $58,720.
  • Outlook: Muncie hosts a dedicated workforce of 430 Bookkeeping, Accounting, and Auditing Clerks. With a Location Quotient of 1.02, the concentration of these roles in Muncie is slightly above the national average, suggesting a stable and consistent demand for accounting and bookkeeping professionals within the local job market.
2024 Market Data

Salary Overview

$44,140

The average Bookkeeping, Accounting, and Auditing Clerks in Muncie, IN earns-15.0%below the national average.

BreakdownBased on 40h/week
Hourly

$21.2

Weekly

$849

Monthly

$3,678

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Muncie, IN

Career progression for Bookkeeping, Accounting, and Auditing Clerks in Muncie typically involves salary increases tied to experience and skill development. Entry-level positions may start closer to the lower end of the pay scale, while senior clerks with specialized knowledge or supervisory responsibilities can command significantly higher salaries, with percentile gaps illustrating clear career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$31,390$15.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$33,105$15.9
ManagerOversees team, compliance, and project delivery.50% (Median)$41,640$20
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$55,175$26.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$58,720$28.2

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$44,140

Gross Pay

Real Wage (Purchasing Power)

$44,140

Adjusted for COL (100)

The average annual salary of $44,140 in Muncie aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Muncie-based clerk's salary is equivalent to the national average, indicating a balanced economic environment where the nominal wage effectively translates to real-world affordability.

Job Market Context

430

Total Jobs

9.674

Per 1K Jobs

1.02

Location Quotient

Above Average

With a location quotient of 1.02, Muncie, IN has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

Muncie's Location Quotient of 1.02 indicates that the concentration of Bookkeeping, Accounting, and Auditing Clerks is just slightly higher than the national average. This suggests a healthy, competitive job market where employers are actively seeking these professionals, but the talent pool is also adequately sized to meet demand without significant oversupply or scarcity.

Nearby Job Markets

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Muncie, IN?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Muncie, IN is $44,140. This typically ranges from $31,390 for entry-level positions to $58,720 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Muncie, IN is 15.0% lower than the national median of $51,940.

Is Muncie, IN a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

No, not exceptionally lucrative compared to national averages.While the salary is on par with the local cost of living, the average annual wage of $44,140 is below the national average of $51,940 for this profession.

Is Muncie, IN a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

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

Where are the highest paying cities near Muncie, IN?

Some top paying nearby cities include Kokomo, IN ($45,590) and Indianapolis-Carmel-Greenwood, IN.

How does Muncie's salary compare to the national average?

The average salary for Bookkeeping, Accounting, and Auditing Clerks in Muncie, IN is $44,140, which is lower than the national average of $51,940.

What is the cost of living in Muncie, IN?

Muncie, IN has a Cost of Living Index of 100, which is exactly the national average. This means the general cost of goods and services is comparable to the rest of the country.

How concentrated are accounting clerk jobs in Muncie?

Muncie has a Location Quotient of 1.02 for these roles, indicating a slightly higher concentration of Bookkeeping, Accounting, and Auditing Clerks compared to the national average.

What is the total number of accounting clerks in Muncie?

There are approximately 430 Bookkeeping, Accounting, and Auditing Clerks employed in Muncie, IN.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 430 employees in the Muncie, IN area with a job density of 9.674 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.