Average Bookkeeping, Accounting, and Auditing Clerks Salary in Tennessee
In Tennessee, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $48,150. This figure is slightly below the national average of $51,940, a common trend in regions with a lower cost of living. The economic landscape and demand within the state directly influence compensation for these vital financial roles.
Executive Summary
- Average Salary: $48,150 per year.
- Growth Trend: Salaries have shifted 15.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $64,020.
- Outlook: With a substantial local workforce of 40,360 individuals in this sector and a Location Quotient of 1.31, Tennessee demonstrates a notable concentration of bookkeeping, accounting, and auditing clerk positions relative to the national average. This suggests a robust and potentially growing demand for these professionals within the state's economy.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Tennessee earns-7.3%below the national average.
$23.2
$926
$4,013
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in Tennessee have seen steady growth over the past four years, mirroring national trends. Economic expansion and evolving business needs likely contribute to incremental increases in compensation for these essential financial roles.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Tennessee
Salary progression for Bookkeeping, Accounting, and Auditing Clerks in Tennessee typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior roles, requiring extensive expertise and responsibility, command higher salaries. The percentile gaps in earnings clearly signify opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $32,870 | $15.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $36,113 | $17.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,540 | $22.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $60,188 | $28.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $64,020 | $30.8 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$48,150
Gross Pay
Real Wage (Purchasing Power)
$53,263
Adjusted for COL (90.4)
The average annual salary of $48,150 in Tennessee presents a favorable financial standing when considered against the state's Cost of Living Index of 90.4. This indicates that the nominal income earned by these clerks likely holds greater purchasing power locally compared to the national average, making Tennessee an attractive location for financial professionals.
Job Market Context
40,360
Total Jobs
12.326
Per 1K Jobs
1.31
Location Quotient
With a location quotient of 1.31, Tennessee has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
A Location Quotient of 1.31 for Bookkeeping, Accounting, and Auditing Clerks in Tennessee signifies a higher concentration of these jobs than the national average. This suggests that the job market in Tennessee is relatively abundant with opportunities in this field, potentially offering more competitive hiring environments for employers and a good selection for job seekers.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Nashville-Davidson--Murfreesboro--Franklin, TN Bookkeeping, Accounting, and Auditing Clerks Salary | $50,800↑ 6% | 29 mi |
| Clarksville, TN-KY Bookkeeping, Accounting, and Auditing Clerks Salary | $45,850↓ 5% | 67 mi |
| Huntsville, AL Bookkeeping, Accounting, and Auditing Clerks Salary | $45,960↓ 5% | 73 mi |
| Decatur, AL Bookkeeping, Accounting, and Auditing Clerks Salary | $46,120↓ 4% | 83 mi |
| Florence-Muscle Shoals, AL Bookkeeping, Accounting, and Auditing Clerks Salary | $41,360↓ 14% | 84 mi |
Comparing salaries near Tennessee
Hiring Bookkeeping, Accounting, and Auditing Clerkss?
Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Tennessee?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Tennessee is $48,150. This typically ranges from $32,870 for entry-level positions to $64,020 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Tennessee is 7.3% lower than the national median of $51,940.
Is Tennessee a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
Yes, with a caveat.While the average salary is slightly below the national average, Tennessee's lower cost of living means your earnings can go further. The strong concentration of jobs also indicates good market demand.
Is Tennessee a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
With a Cost of Living Index of 90.4 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Tennessee?
Some top paying nearby cities include Nashville-Davidson--Murfreesboro--Franklin, TN ($50,800) and Clarksville, TN-KY.
How does Tennessee's average salary compare to the national average for this role?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Tennessee is $48,150, which is approximately $3,790 less than the national average of $51,940.
What is the job concentration for these clerks in Tennessee?
Tennessee has a Location Quotient of 1.31 for this profession, meaning there are about 31% more jobs per worker than the national average, indicating a strong presence in the state.
How does the cost of living in Tennessee affect the salary?
With a Cost of Living Index of 90.4 (100 being the national average), Tennessee's lower cost of living means that the $48,150 salary offers a better purchasing power than it might in a higher-cost state.
How many bookkeeping, accounting, and auditing clerk jobs are there per 1,000 workers in Tennessee?
There are approximately 12.326 jobs per 1,000 workers for Bookkeeping, Accounting, and Auditing Clerks in Tennessee, reflecting a solid presence in the state's labor market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 40,360 employees in the Tennessee area with a job density of 12.326 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 Tennessee