In the Southern Indiana nonmetropolitan area, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $44,870. This figure is notably below the national average of $51,940, reflecting regional economic factors and the specific demand within this nonmetropolitan setting. The pay scale is often influenced by the local cost of living and the concentration of businesses requiring these essential financial services.
Executive Summary
- Average Salary: $44,870 per year.
- Growth Trend: Salaries have shifted 21.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $59,910.
- Outlook: With a total local workforce of 1,780 individuals in this role, the Southern Indiana nonmetropolitan area demonstrates a stable, albeit not exceptionally concentrated, presence of bookkeeping and accounting professionals. The Location Quotient of 0.96 suggests that the concentration of these jobs is nearly on par with the national average, indicating a steady demand that aligns with the general economic activity of the region, rather than a specialized boom.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Southern Indiana nonmetropolitan area earns-13.6%below the national average.
$21.6
$863
$3,739
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for this precise region isn't provided, it's reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in Southern Indiana have experienced gradual growth over the past four years, mirroring national trends. Economic shifts, inflation, and evolving business needs typically drive modest annual increases in compensation for these vital administrative roles.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Southern Indiana nonmetropolitan area
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves a salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in compensation clearly signify the career trajectory and the value placed on accumulated expertise and responsibility within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $31,190 | $15 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $33,653 | $16.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,560 | $21.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $56,088 | $27 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $59,910 | $28.8 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$44,870
Gross Pay
Real Wage (Purchasing Power)
$44,870
Adjusted for COL (100)
The average annual salary of $44,870 in the Southern Indiana 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 that of a clerk earning the national average salary in a location with a national average cost of living. Therefore, the nominal salary effectively translates to a comparable standard of living.
Job Market Context
1,780
Total Jobs
9.073
Per 1K Jobs
0.96
Location Quotient
Southern Indiana nonmetropolitan area has 0.96x 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 0.96 indicates that Bookkeeping, Accounting, and Auditing Clerk positions are slightly less concentrated in the Southern Indiana nonmetropolitan area compared to the national average. This suggests a market that is neither oversaturated nor experiencing exceptionally high demand relative to other professions, implying a balanced job market where opportunities are present but competition may be moderate.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Indianapolis-Carmel-Greenwood, IN Bookkeeping, Accounting, and Auditing Clerks Salary | $49,860↑ 11% | 8 mi |
| Kokomo, IN Bookkeeping, Accounting, and Auditing Clerks Salary | $45,590↑ 2% | 43 mi |
| Columbus, IN Bookkeeping, Accounting, and Auditing Clerks Salary | $44,400↓ 1% | 48 mi |
| Bloomington, IN Bookkeeping, Accounting, and Auditing Clerks Salary | $46,520↑ 4% | 49 mi |
| Lafayette-West Lafayette, IN Bookkeeping, Accounting, and Auditing Clerks Salary | $50,340↑ 12% | 50 mi |
Comparing salaries near Southern Indiana nonmetropolitan area
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Southern Indiana nonmetropolitan area?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Southern Indiana nonmetropolitan area is $44,870. This typically ranges from $31,190 for entry-level positions to $59,910 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southern Indiana nonmetropolitan area is 13.6% lower than the national median of $51,940.
Is Southern Indiana nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, it is not exceptionally lucrative compared to national averages.The average salary of $44,870 is below the national average, though the cost of living is also at the national average, making the purchasing power comparable.
Is Southern Indiana nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Southern Indiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southern Indiana nonmetropolitan area?
Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($49,860) and Kokomo, IN.
How does the local workforce size impact job availability?
A local workforce of 1,780 suggests a substantial pool of professionals, indicating a consistent need for these roles within the region's businesses.
What does a Location Quotient of 0.96 signify?
It means the concentration of Bookkeeping, Accounting, and Auditing Clerks in this area is very close to the national average, suggesting a stable, but not exceptionally high, demand.
How does the Cost of Living Index affect the perceived salary?
With a Cost of Living Index of 100, the $44,870 salary has the same purchasing power as the national average salary in a national average cost-of-living area.
Are there many job opportunities for Bookkeeping, Accounting, and Auditing Clerks in this region?
The number of jobs per 1,000 workers (9.073) indicates a steady presence of these roles, suggesting consistent opportunities for qualified individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,780 employees in the Southern Indiana nonmetropolitan area area with a job density of 9.073 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 Southern Indiana nonmetropolitan area