Average Bookkeeping, Accounting, and Auditing Clerks Salary in Paducah, KY-IL
In Paducah, KY-IL, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $46,450. This figure is notably below the national average of $51,940, suggesting that local market dynamics, such as industry demand and the cost of doing business, play a significant role in compensation within this region.
Executive Summary
- Average Salary: $46,450 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $66,290.
- Outlook: The Paducah, KY-IL area supports a local workforce of 560 individuals in bookkeeping, accounting, and auditing clerk roles. With a Location Quotient of 1.18, the concentration of these professionals is slightly higher than the national average, indicating a stable and present demand for these essential financial services within the local economy.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Paducah, KY-IL earns-10.6%below the national average.
$22.3
$893
$3,871
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Paducah is not provided, it is generally observed that salaries for Bookkeeping, Accounting, and Auditing Clerks nationwide have experienced steady growth over the past four years, driven by inflation and increasing demand for financial record-keeping expertise. This trend is likely reflected to some degree in the Paducah market, though local economic factors may influence the pace of salary increases.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Paducah, KY-IL
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a significant salary increase with experience. Entry-level positions often start at the lower end of the pay scale, while senior clerks with specialized skills and years of experience can command salaries well above the average. The percentile gaps in salary distribution highlight these opportunities for advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $30,110 | $14.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,838 | $16.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,160 | $21.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $58,063 | $27.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $66,290 | $31.9 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$46,450
Gross Pay
Real Wage (Purchasing Power)
$46,450
Adjusted for COL (100)
The average annual salary of $46,450 in Paducah, KY-IL aligns precisely with the national average Cost of Living Index of 100. This means that the nominal income earned by clerks in Paducah offers purchasing power equivalent to the national average, suggesting a balanced economic environment where salaries generally keep pace with the cost of essential goods and services.
Job Market Context
560
Total Jobs
11.11
Per 1K Jobs
1.18
Location Quotient
With a location quotient of 1.18, Paducah, KY-IL has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
With a Location Quotient of 1.18, Paducah, KY-IL demonstrates a slightly higher concentration of Bookkeeping, Accounting, and Auditing Clerks compared to the national average. This suggests a healthy, albeit not overwhelmingly saturated, job market for these professionals, indicating that employers are actively seeking these skills within the region.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Cape Girardeau, MO-IL Bookkeeping, Accounting, and Auditing Clerks Salary | $47,640↑ 3% | 53 mi |
| Clarksville, TN-KY Bookkeeping, Accounting, and Auditing Clerks Salary | $45,850↓ 1% | 80 mi |
| Evansville, IN Bookkeeping, Accounting, and Auditing Clerks Salary | $46,520↑ 0% | 88 mi |
| Owensboro, KY Bookkeeping, Accounting, and Auditing Clerks Salary | $44,740↓ 4% | 96 mi |
| Jackson, TN Bookkeeping, Accounting, and Auditing Clerks Salary | $45,260↓ 3% | 99 mi |
Comparing salaries near Paducah, KY-IL
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Paducah, KY-IL?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Paducah, KY-IL is $46,450. This typically ranges from $30,110 for entry-level positions to $66,290 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Paducah, KY-IL is 10.6% lower than the national median of $51,940.
Is Paducah, KY-IL a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average salary of $46,450 is below the national average of $51,940, indicating less competitive pay in this specific role.
Is Paducah, KY-IL a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Paducah, KY-IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Paducah, KY-IL?
Some top paying nearby cities include Cape Girardeau, MO-IL ($47,640) and Clarksville, TN-KY.
How does the number of jobs per 1,000 workers compare nationally?
Paducah, KY-IL has 11.11 jobs per 1,000 workers for Bookkeeping, Accounting, and Auditing Clerks, which is a solid indicator of local employment opportunities in this field.
What is the total number of Bookkeeping, Accounting, and Auditing Clerks in Paducah, KY-IL?
There are approximately 560 individuals employed as Bookkeeping, Accounting, and Auditing Clerks in the Paducah, KY-IL area.
Does the cost of living affect the salary in Paducah?
The cost of living in Paducah is exactly at the national average (100), meaning the $46,450 salary has average purchasing power locally.
Is the concentration of these roles higher or lower than the national average in Paducah?
The concentration is slightly higher than the national average, with a Location Quotient of 1.18, suggesting a slightly greater demand or presence of these roles in Paducah.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 560 employees in the Paducah, KY-IL area with a job density of 11.11 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 Paducah, KY-IL