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Average Bookkeeping, Accounting, and Auditing Clerks Salary in Nashville-Davidson--Murfreesboro--Franklin, TN

In the Nashville-Davidson--Murfreesboro--Franklin, TN area, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $50,800. This figure is slightly below the national average of $51,940, suggesting that while the demand is present, the local market dynamics and potentially other contributing factors influence compensation. The cost of living in this region aligns perfectly with the national average, making the nominal salary a direct reflection of purchasing power.

Executive Summary

  • Average Salary: $50,800 per year.
  • Growth Trend: Salaries have shifted 13.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $68,490.
  • Outlook: The Nashville metropolitan area boasts a significant workforce of 14,710 individuals employed as Bookkeeping, Accounting, and Auditing Clerks. With a Location Quotient of 1.42, this indicates a concentration of these roles that is 42% higher than the national average. This elevated quotient, coupled with 13.419 jobs per 1,000 workers, points to a robust and potentially growing job market for these essential financial professionals.
2024 Market Data

Salary Overview

$50,800

The average Bookkeeping, Accounting, and Auditing Clerks in Nashville-Davidson--Murfreesboro--Franklin, TN earns-2.2%below the national average.

BreakdownBased on 40h/week
Hourly

$24.4

Weekly

$977

Monthly

$4,233

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Nashville-Davidson--Murfreesboro--Franklin, TN

Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower percentiles of the pay scale, while senior clerks with specialized skills and extensive experience can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies clear opportunities for career advancement and increased earning potential within the profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,480$17.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$38,100$18.3
ManagerOversees team, compliance, and project delivery.50% (Median)$48,160$23.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$63,500$30.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$68,490$32.9

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$50,800

Gross Pay

Real Wage (Purchasing Power)

$50,800

Adjusted for COL (100)

The average annual salary of $50,800 in Nashville-Davidson--Murfreesboro--Franklin, TN, is directly comparable to the national average, as the local Cost of Living Index is precisely 100. This means that the purchasing power of the $50,800 salary in this region is equivalent to the national average, offering a stable financial outlook for professionals without the immediate need to adjust expectations based on living expenses.

Job Market Context

14,710

Total Jobs

13.419

Per 1K Jobs

1.42

Location Quotient

Above Average

With a location quotient of 1.42, Nashville-Davidson--Murfreesboro--Franklin, TN has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

A Location Quotient of 1.42 for Bookkeeping, Accounting, and Auditing Clerks in the Nashville area signifies a notable concentration of these roles compared to the national average. This suggests a higher demand or a more specialized industry presence that favors these positions, potentially leading to increased competition among job seekers but also indicating a dynamic and active job market for these professionals.

Nearby Job Markets

Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks

CitySalaryDist.
East Tennessee nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$44,510↓ 12%29 mi
South Central Tennessee nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$44,720↓ 12%29 mi
West Tennessee nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$43,670↓ 14%29 mi
North Central Tennessee nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary$43,880↓ 14%29 mi
Clarksville, TN-KY Bookkeeping, Accounting, and Auditing Clerks Salary$45,850↓ 10%42 mi

Comparing salaries near Nashville-Davidson--Murfreesboro--Franklin, TN

Hiring Bookkeeping, Accounting, and Auditing Clerkss?

Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in Nashville-Davidson--Murfreesboro--Franklin, TN?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Nashville-Davidson--Murfreesboro--Franklin, TN is $50,800. This typically ranges from $36,480 for entry-level positions to $68,490 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Nashville-Davidson--Murfreesboro--Franklin, TN is 2.2% lower than the national median of $51,940.

Is Nashville-Davidson--Murfreesboro--Franklin, TN a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

Yes, with caveats.The average salary is slightly below the national average, but the cost of living is also at the national average, making it competitive. The high concentration of these roles (LQ of 1.42) indicates strong local demand.

Is Nashville-Davidson--Murfreesboro--Franklin, TN a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in Nashville-Davidson--Murfreesboro--Franklin, TN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Nashville-Davidson--Murfreesboro--Franklin, TN?

Some top paying nearby cities include East Tennessee nonmetropolitan area ($44,510) and South Central Tennessee nonmetropolitan area.

How does the Nashville salary compare to the national average?

The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Nashville is $50,800, which is slightly lower than the national average of $51,940.

What is the Cost of Living in Nashville-Davidson--Murfreesboro--Franklin, TN?

The Cost of Living Index for this region is 100, which is exactly the national average, indicating that the cost of goods and services is comparable to the rest of the country.

Is there high demand for Bookkeeping, Accounting, and Auditing Clerks in Nashville?

Yes, the Location Quotient of 1.42 suggests a higher concentration of these jobs than the national average, indicating strong local demand.

How many Bookkeeping, Accounting, and Auditing Clerks work in Nashville?

There are approximately 14,710 Bookkeeping, Accounting, and Auditing Clerks employed in the Nashville-Davidson--Murfreesboro--Franklin, TN area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 14,710 employees in the Nashville-Davidson--Murfreesboro--Franklin, TN area with a job density of 13.419 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Nashville-Davidson--Murfreesboro--Franklin, TN

Semantic Salary Analysis for Bookkeeping, Accounting, and Auditing Clerks • Data source: BLS OEWS 2024 •Jobs in Nashville-Davidson--Murfreesboro--Franklin, TN