Average Bookkeeping, Accounting, and Auditing Clerks Salary in Owensboro, KY
In Owensboro, KY, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $44,740. This figure is notably below the national average of $51,940, reflecting localized economic conditions and demand specific to the Owensboro metropolitan area. Factors such as the regional business landscape and the overall cost of labor contribute to this pay differential.
Executive Summary
- Average Salary: $44,740 per year.
- Growth Trend: Salaries have shifted 13.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $62,400.
- Outlook: The local job market for Bookkeeping, Accounting, and Auditing Clerks in Owensboro, KY, appears stable with a total workforce of 510 individuals in this role. The Location Quotient of 1.12 suggests a slightly higher concentration of these professionals compared to the national average, indicating a steady, albeit not overwhelmingly robust, demand within the region.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Owensboro, KY earns-13.9%below the national average.
$21.5
$860
$3,728
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Owensboro is not provided, it's reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for financial services, and the need for skilled professionals to manage complex financial operations.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Owensboro, KY
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Owensboro, KY, typically involves salary increases tied to experience and specialization. Entry-level positions may start closer to the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command salaries significantly higher than the average, with percentile gaps clearly indicating opportunities for advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $27,840 | $13.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $33,555 | $16.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $43,490 | $20.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $55,925 | $26.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $62,400 | $30 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$44,740
Gross Pay
Real Wage (Purchasing Power)
$44,740
Adjusted for COL (100)
With a Cost of Living Index of 100, Owensboro, KY, is perfectly aligned with the national average. This means the nominal salary of $44,740 for Bookkeeping, Accounting, and Auditing Clerks holds its purchasing power comparably to the national average, suggesting that the take-home pay is neither significantly enhanced nor diminished by the local cost of living.
Job Market Context
510
Total Jobs
10.581
Per 1K Jobs
1.12
Location Quotient
With a location quotient of 1.12, Owensboro, KY has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
The Location Quotient of 1.12 for Bookkeeping, Accounting, and Auditing Clerks in Owensboro, KY, indicates a slightly higher concentration of these roles than the national average. This suggests a moderately competitive market where demand is present and perhaps slightly outstrips the national average supply, offering potential opportunities for skilled professionals.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Evansville, IN Bookkeeping, Accounting, and Auditing Clerks Salary | $46,520↑ 4% | 28 mi |
| Bowling Green, KY Bookkeeping, Accounting, and Auditing Clerks Salary | $44,000↓ 2% | 66 mi |
| Elizabethtown, KY Bookkeeping, Accounting, and Auditing Clerks Salary | $44,210↓ 1% | 68 mi |
| Louisville/Jefferson County, KY-IN Bookkeeping, Accounting, and Auditing Clerks Salary | $50,070↑ 12% | 82 mi |
| Clarksville, TN-KY Bookkeeping, Accounting, and Auditing Clerks Salary | $45,850↑ 2% | 83 mi |
Comparing salaries near Owensboro, KY
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Owensboro, KY?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Owensboro, KY is $44,740. This typically ranges from $27,840 for entry-level positions to $62,400 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Owensboro, KY is 13.9% lower than the national median of $51,940.
Is Owensboro, KY a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not exceptionally lucrative compared to national averages.While the cost of living is average, the average salary of $44,740 is below the national average of $51,940, indicating less lucrative earning potential in this specific role.
Is Owensboro, KY a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Owensboro, KY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Owensboro, KY?
Some top paying nearby cities include Evansville, IN ($46,520) and Bowling Green, KY.
How does Owensboro's cost of living compare nationally?
Owensboro, KY, 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 United States.
Are there many bookkeeping jobs in Owensboro?
With 10.581 jobs per 1,000 workers, there is a steady presence of bookkeeping, accounting, and auditing clerk positions in Owensboro, slightly above the national average concentration.
What is the concentration of accounting clerks in Owensboro?
The Location Quotient of 1.12 signifies that Owensboro has a slightly higher concentration of Bookkeeping, Accounting, and Auditing Clerks compared to the national average.
How does the average salary compare to the national average?
The average annual salary for these roles in Owensboro ($44,740) is lower than the national average ($51,940), suggesting a difference in regional compensation trends.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 510 employees in the Owensboro, KY area with a job density of 10.581 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 Owensboro, KY