Bookkeeping, Accounting, and Auditing Clerks in South Central Kentucky nonmetropolitan area earn an average annual salary of $41,930. This figure is notably below the national average of $51,940, reflecting regional economic factors and potentially a lower cost of doing business. The specific pay scales in this area are influenced by local demand and the overall economic landscape of nonmetropolitan Kentucky.
Executive Summary
- Average Salary: $41,930 per year.
- Growth Trend: Salaries have shifted 9.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $58,840.
- Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in South Central Kentucky nonmetropolitan area appears robust, with a total local workforce of 2,130 individuals. The location quotient of 1.31 indicates a higher concentration of these roles compared to the national average, suggesting a stable or growing demand for these essential financial support positions within the region.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in South Central Kentucky nonmetropolitan area earns-19.3%below the national average.
$20.2
$806
$3,494
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in South Central Kentucky nonmetropolitan area have experienced gradual growth over the past four years, mirroring national trends. Economic development and increasing business activity in the region likely contribute to upward pressure on wages, although the pace may differ from more urbanized areas.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in South Central Kentucky nonmetropolitan area
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a salary increase with experience. Entry-level positions will naturally command lower salaries, while senior clerks with specialized skills and extensive experience can expect to earn significantly more. The percentile gaps in salary data, though not explicitly detailed here, would signify these opportunities for advancement and higher earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $26,730 | $12.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $31,448 | $15.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $39,420 | $19 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $52,413 | $25.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $58,840 | $28.3 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$41,930
Gross Pay
Real Wage (Purchasing Power)
$41,930
Adjusted for COL (100)
The nominal average annual salary of $41,930 in South Central Kentucky nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of the salary in this region is comparable to the national average, suggesting that the lower nominal wage is offset by the local cost of living.
Job Market Context
2,130
Total Jobs
12.404
Per 1K Jobs
1.31
Location Quotient
With a location quotient of 1.31, South Central Kentucky nonmetropolitan area has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
With a location quotient of 1.31, South Central Kentucky nonmetropolitan area exhibits a concentration of Bookkeeping, Accounting, and Auditing Clerk roles that is 31% higher than the national average. This suggests a relatively strong and potentially competitive job market for these professionals, indicating that employers in the region rely more heavily on this specific skill set compared to national averages.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Lexington-Fayette, KY Bookkeeping, Accounting, and Auditing Clerks Salary | $49,100↑ 17% | 28 mi |
| Elizabethtown, KY Bookkeeping, Accounting, and Auditing Clerks Salary | $44,210↑ 5% | 66 mi |
| Louisville/Jefferson County, KY-IN Bookkeeping, Accounting, and Auditing Clerks Salary | $50,070↑ 19% | 72 mi |
| Cincinnati, OH-KY-IN Bookkeeping, Accounting, and Auditing Clerks Salary | $51,490↑ 23% | 100 mi |
Comparing salaries near South Central Kentucky nonmetropolitan area
Hiring Bookkeeping, Accounting, and Auditing Clerkss?
Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in South Central Kentucky nonmetropolitan area?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in South Central Kentucky nonmetropolitan area is $41,930. This typically ranges from $26,730 for entry-level positions to $58,840 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in South Central Kentucky nonmetropolitan area is 19.3% lower than the national median of $51,940.
Is South Central Kentucky nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not in terms of nominal salary.While the concentration of jobs is higher than the national average, the nominal salary of $41,930 is significantly lower than the national average of $51,940.
Is South Central Kentucky nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in South Central Kentucky nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near South Central Kentucky nonmetropolitan area?
Some top paying nearby cities include Lexington-Fayette, KY ($49,100) and Elizabethtown, KY.
How does the local salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in South Central Kentucky nonmetropolitan area is $41,930, which is $10,010 less than the national average of $51,940.
What is the concentration of these jobs in the area?
The location quotient is 1.31, meaning there are 31% more Bookkeeping, Accounting, and Auditing Clerk jobs in this region compared to the national average, indicating a higher demand relative to the workforce.
How does the cost of living affect the salary?
The Cost of Living Index is 100, which is the national average. This suggests that despite the lower nominal salary, the purchasing power of $41,930 in South Central Kentucky nonmetropolitan area is comparable to the national average.
How many Bookkeeping, Accounting, and Auditing Clerks work in this area?
There are approximately 2,130 Bookkeeping, Accounting, and Auditing Clerks employed in the South Central Kentucky nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,130 employees in the South Central Kentucky nonmetropolitan area area with a job density of 12.404 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Bookkeeping, Accounting, and Auditing Clerks Salaries by State
Top Jobs in South Central Kentucky nonmetropolitan area
- All Occupations Salary in South Central Kentucky nonmetropolitan area
- Production Occupations Salary in South Central Kentucky nonmetropolitan area
- Office and Administrative Support Occupations Salary in South Central Kentucky nonmetropolitan area
- Transportation and Material Moving Occupations Salary in South Central Kentucky nonmetropolitan area
- Sales and Related Occupations Salary in South Central Kentucky nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in South Central Kentucky nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in South Central Kentucky nonmetropolitan area
- Educational Instruction and Library Occupations Salary in South Central Kentucky nonmetropolitan area
- Management Occupations Salary in South Central Kentucky nonmetropolitan area
- Healthcare Support Occupations Salary in South Central Kentucky nonmetropolitan area
- Browse All Jobs in South Central Kentucky nonmetropolitan area →
Semantic Salary Analysis for Bookkeeping, Accounting, and Auditing Clerks • Data source: BLS OEWS 2024 •Jobs in South Central Kentucky nonmetropolitan area