Average Bookkeeping, Accounting, and Auditing Clerks Salary in South Bend-Mishawaka, IN-MI
In South Bend-Mishawaka, IN-MI, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $47,270. This figure is slightly below the national average of $51,940, indicating a localized compensation structure influenced by regional economic factors and the specific demand within the South Bend-Mishawaka labor market. The cost of living in this area being at the national average suggests that while nominal wages are lower, purchasing power may remain relatively stable.
Executive Summary
- Average Salary: $47,270 per year.
- Growth Trend: Salaries have shifted 22.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $62,400.
- Outlook: The South Bend-Mishawaka area supports a local workforce of 1,150 individuals in Bookkeeping, Accounting, and Auditing Clerk roles. With a Location Quotient of 0.93, the concentration of these jobs is nearly on par with the national average, suggesting a stable, albeit not exceptionally concentrated, demand for these professionals. The presence of 8.802 jobs per 1,000 workers indicates a consistent need for these essential financial support roles within the local economy.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in South Bend-Mishawaka, IN-MI earns-9.0%below the national average.
$22.7
$909
$3,939
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for South Bend-Mishawaka is not provided, it is generally observed that salaries for Bookkeeping, Accounting, and Auditing Clerks have seen consistent growth over the past four years across the nation. This trend is typically driven by inflation, increasing demand for financial expertise, and the evolving complexity of accounting regulations, suggesting that local wages in South Bend-Mishawaka have likely also experienced upward adjustments.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in South Bend-Mishawaka, IN-MI
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills or supervisory responsibilities can command salaries in the higher percentiles. The widening gap between the 25th and 75th percentiles clearly illustrates the financial rewards associated with accumulating experience and advancing within this career field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $32,110 | $15.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $35,453 | $17 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,580 | $22.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $59,088 | $28.4 |
| 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
$47,270
Gross Pay
Real Wage (Purchasing Power)
$47,270
Adjusted for COL (100)
The average annual salary of $47,270 in South Bend-Mishawaka, IN-MI, aligns precisely with the national average cost of living index of 100. This means that the nominal salary offers a purchasing power that is equivalent to the national average. Individuals relocating to South Bend-Mishawaka can expect their earnings to cover living expenses at a rate comparable to the rest of the country, without significant financial advantage or disadvantage based solely on cost of living.
Job Market Context
1,150
Total Jobs
8.802
Per 1K Jobs
0.93
Location Quotient
South Bend-Mishawaka, IN-MI has 0.93x the national average concentration of Bookkeeping, Accounting, and Auditing Clerks jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.93 for Bookkeeping, Accounting, and Auditing Clerks in South Bend-Mishawaka suggests that the job market for these roles is slightly less concentrated than the national average. This indicates a balanced market where demand is present but not overwhelmingly high, implying a moderate level of competition for available positions. Professionals in this field will find a stable employment landscape without the intense saturation seen in more concentrated metropolitan areas.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Niles, MI Bookkeeping, Accounting, and Auditing Clerks Salary | $47,340↑ 0% | 11 mi |
| Elkhart-Goshen, IN Bookkeeping, Accounting, and Auditing Clerks Salary | $48,410↑ 2% | 16 mi |
| Michigan City-La Porte, IN Bookkeeping, Accounting, and Auditing Clerks Salary | $46,230↓ 2% | 31 mi |
| Kalamazoo-Portage, MI Bookkeeping, Accounting, and Auditing Clerks Salary | $48,590↑ 3% | 54 mi |
| Battle Creek, MI Bookkeeping, Accounting, and Auditing Clerks Salary | $47,480↑ 0% | 69 mi |
Comparing salaries near South Bend-Mishawaka, IN-MI
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in South Bend-Mishawaka, IN-MI?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in South Bend-Mishawaka, IN-MI is $47,270. This typically ranges from $32,110 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 South Bend-Mishawaka, IN-MI is 9.0% lower than the national median of $51,940.
Is South Bend-Mishawaka, IN-MI a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not exceptionally lucrative compared to the national average.The average salary of $47,270 is below the national average of $51,940, although the cost of living is on par with the national average.
Is South Bend-Mishawaka, IN-MI a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in South Bend-Mishawaka, IN-MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near South Bend-Mishawaka, IN-MI?
Some top paying nearby cities include Niles, MI ($47,340) and Elkhart-Goshen, IN.
How does the South Bend-Mishawaka salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in South Bend-Mishawaka is $47,270, which is lower than the national average of $51,940.
What is the cost of living in South Bend-Mishawaka, IN-MI?
The cost of living index for South Bend-Mishawaka, IN-MI is 100, which is exactly the national average.
How concentrated is the job market for Bookkeeping, Accounting, and Auditing Clerks in this area?
The job market is moderately concentrated, with a Location Quotient of 0.93, indicating a presence close to the national average.
What is the total number of Bookkeeping, Accounting, and Auditing Clerk jobs in South Bend-Mishawaka?
There are approximately 1,150 individuals employed as Bookkeeping, Accounting, and Auditing Clerks in the South Bend-Mishawaka area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,150 employees in the South Bend-Mishawaka, IN-MI area with a job density of 8.802 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 South Bend-Mishawaka, IN-MI