Average Bookkeeping, Accounting, and Auditing Clerks Salary in Terre Haute, IN
In Terre Haute, IN, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $43,350. This figure is notably below the national average of $51,940, reflecting localized economic conditions and demand specific to the region. Factors such as the local industry mix and the overall economic vitality of Terre Haute contribute to this pay differential.
Executive Summary
- Average Salary: $43,350 per year.
- Growth Trend: Salaries have shifted 12.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $58,300.
- Outlook: The Terre Haute market for Bookkeeping, Accounting, and Auditing Clerks is moderately concentrated, with a Location Quotient of 0.91, indicating a presence close to the national average. The total local workforce of 560 in this sector suggests a stable, albeit not rapidly expanding, job market. With 8.623 jobs per 1,000 workers, the demand is consistent with national trends, pointing to a steady need for these essential financial roles.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Terre Haute, IN earns-16.5%below the national average.
$20.8
$834
$3,613
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Terre Haute is not provided, it is reasonable to assume that salaries for Bookkeeping, Accounting, and Auditing Clerks in the area have experienced gradual growth over the past four years, mirroring national trends. Economic shifts, inflation, and evolving industry demands typically drive incremental increases in compensation for these roles, ensuring that pay remains competitive within the local context.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Terre Haute, IN
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Terre Haute 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 earnings highlight clear opportunities for advancement and increased earning potential as professionals develop their expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $28,810 | $13.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $32,513 | $15.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,040 | $21.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $54,188 | $26.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $58,300 | $28 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$43,350
Gross Pay
Real Wage (Purchasing Power)
$43,350
Adjusted for COL (100)
The average annual salary of $43,350 in Terre Haute, IN, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal income earned by bookkeeping and accounting clerks in Terre Haute holds its purchasing power directly in line with the rest of the country. While the salary is lower than the national average, the equivalent cost of living suggests that the take-home pay offers a comparable lifestyle to other regions.
Job Market Context
560
Total Jobs
8.623
Per 1K Jobs
0.91
Location Quotient
Terre Haute, IN has 0.91x 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.
With a Location Quotient of 0.91, Terre Haute's market for Bookkeeping, Accounting, and Auditing Clerks is slightly less concentrated than the national average. This suggests that while the profession is present and necessary, it is not disproportionately dominant within the local employment landscape. The job market is neither overly saturated nor exceptionally scarce, indicating a balanced environment for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
Comparing salaries near Terre Haute, IN
Hiring Bookkeeping, Accounting, and Auditing Clerkss?
Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Terre Haute, IN?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Terre Haute, IN is $43,350. This typically ranges from $28,810 for entry-level positions to $58,300 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Terre Haute, IN is 16.5% lower than the national median of $51,940.
Is Terre Haute, IN a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not particularly lucrative compared to national averages.While the cost of living is average, the average salary of $43,350 is significantly lower than the national average of $51,940, indicating less lucrative earning potential.
Is Terre Haute, IN a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Terre Haute, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Terre Haute, IN?
Some top paying nearby cities include Bloomington, IN ($46,520) and Northern Indiana nonmetropolitan area.
How does Terre Haute's cost of living compare to the national average?
Terre Haute, IN has a Cost of Living Index of 100, which is exactly the national average. This means that the general cost of goods and services is comparable to the rest of the United States.
What is the concentration of Bookkeeping, Accounting, and Auditing Clerks in Terre Haute?
The concentration, measured by the Location Quotient, is 0.91, which is slightly below the national average of 1.0. This indicates a presence of these roles that is close to, but not exceeding, national levels.
How many Bookkeeping, Accounting, and Auditing Clerk jobs are there per 1,000 workers in Terre Haute?
There are approximately 8.623 jobs per 1,000 workers for Bookkeeping, Accounting, and Auditing Clerks in Terre Haute, IN.
What is the total number of Bookkeeping, Accounting, and Auditing Clerks in Terre Haute?
The total local workforce for Bookkeeping, Accounting, and Auditing Clerks in Terre Haute, IN is approximately 560 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 560 employees in the Terre Haute, IN area with a job density of 8.623 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 Terre Haute, IN
- All Occupations Salary in Terre Haute, IN
- Food Preparation and Serving Related Occupations Salary in Terre Haute, IN
- Production Occupations Salary in Terre Haute, IN
- Office and Administrative Support Occupations Salary in Terre Haute, IN
- Sales and Related Occupations Salary in Terre Haute, IN
- Transportation and Material Moving Occupations Salary in Terre Haute, IN
- Healthcare Practitioners and Technical Occupations Salary in Terre Haute, IN
- Educational Instruction and Library Occupations Salary in Terre Haute, IN
- Construction and Extraction Occupations Salary in Terre Haute, IN
- Installation, Maintenance, and Repair Occupations Salary in Terre Haute, IN
- Browse All Jobs in Terre Haute, IN →
Semantic Salary Analysis for Bookkeeping, Accounting, and Auditing Clerks • Data source: BLS OEWS 2024 •Jobs in Terre Haute, IN