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Average Bookkeeping, Accounting, and Auditing Clerks Salary in South Central Tennessee nonmetropolitan area

Bookkeeping, Accounting, and Auditing Clerks in the South Central Tennessee nonmetropolitan area earn an average annual salary of $44,720. This figure is notably below the national average of $51,940. The localized pay reflects the economic dynamics and specific demand within this nonmetropolitan region, which often differs from larger urban centers.

Executive Summary

  • Average Salary: $44,720 per year.
  • Growth Trend: Salaries have shifted 20.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $61,360.
  • Outlook: With a local workforce of 1,160 individuals in this role, the South Central Tennessee nonmetropolitan area demonstrates a stable presence for Bookkeeping, Accounting, and Auditing Clerks. The location quotient of 1.09 suggests a concentration of these jobs that is slightly above the national average, indicating a healthy and potentially growing demand within the region's economic landscape.
2024 Market Data

Salary Overview

$44,720

The average Bookkeeping, Accounting, and Auditing Clerks in South Central Tennessee nonmetropolitan area earns-13.9%below the national average.

BreakdownBased on 40h/week
Hourly

$21.5

Weekly

$860

Monthly

$3,727

Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in South Central Tennessee nonmetropolitan area

Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior clerks with specialized skills and extensive experience can command significantly higher salaries, potentially reaching the upper percentiles. The gap between entry-level and senior roles signifies substantial career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$30,680$14.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$33,540$16.1
ManagerOversees team, compliance, and project delivery.50% (Median)$43,460$20.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$55,900$26.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$61,360$29.5

Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis

Relocation Context

Nominal Salary

$44,720

Gross Pay

Real Wage (Purchasing Power)

$44,720

Adjusted for COL (100)

The average annual salary of $44,720 in the South Central Tennessee nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a clerk's salary in this region is equivalent to the national average, suggesting that the nominal salary provides a comparable standard of living to the rest of the country.

Job Market Context

1,160

Total Jobs

10.299

Per 1K Jobs

1.09

Location Quotient

Above Average

With a location quotient of 1.09, South Central Tennessee nonmetropolitan area has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.

The location quotient of 1.09 for Bookkeeping, Accounting, and Auditing Clerks in South Central Tennessee nonmetropolitan area indicates a job market that is slightly more concentrated than the national average. This suggests that these roles are relatively more prevalent or in higher demand within this specific region compared to the nation as a whole, potentially offering more opportunities for job seekers.

Nearby Job Markets

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Frequently Asked Questions

How much does a Bookkeeping, Accounting, and Auditing Clerks make in South Central Tennessee nonmetropolitan area?

The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in South Central Tennessee nonmetropolitan area is $44,720. This typically ranges from $30,680 for entry-level positions to $61,360 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Central Tennessee nonmetropolitan area is 13.9% lower than the national median of $51,940.

Is South Central Tennessee nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?

No, but it offers comparable living standards.While the average salary of $44,720 is below the national average, the Cost of Living Index of 100 means your earnings have equivalent purchasing power to the national average.

Is South Central Tennessee nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?

The Cost of Living Index in South Central Tennessee nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near South Central Tennessee nonmetropolitan area?

Some top paying nearby cities include Nashville-Davidson--Murfreesboro--Franklin, TN ($50,800) and Clarksville, TN-KY.

How does the local workforce size impact job availability?

A local workforce of 1,160 suggests a moderate pool of professionals, indicating a stable but not overly saturated market for Bookkeeping, Accounting, and Auditing Clerks.

What does a location quotient of 1.09 signify?

A location quotient of 1.09 means that Bookkeeping, Accounting, and Auditing Clerks are 9% more concentrated in this area than the national average, implying a slightly higher demand or availability of these roles.

How does the salary compare to the national average?

The average salary of $44,720 is approximately 13.9% lower than the national average of $51,940 for Bookkeeping, Accounting, and Auditing Clerks.

Is the cost of living high in South Central Tennessee nonmetropolitan area?

No, the Cost of Living Index is 100, which is exactly the national average, meaning the cost of goods and services is neither significantly higher nor lower than the national benchmark.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,160 employees in the South Central Tennessee nonmetropolitan area area with a job density of 10.299 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.