Bookkeeping, Accounting, and Auditing Clerks in the West Kentucky nonmetropolitan area earn an average annual salary of $43,680. This figure is notably below the national average of $51,940, reflecting the economic landscape and specific industry demands prevalent in this region. Factors such as local business density and the overall economic output of nonmetropolitan areas often contribute to these regional salary variations.
Executive Summary
- Average Salary: $43,680 per year.
- Growth Trend: Salaries have shifted 12.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $60,650.
- Outlook: The West Kentucky nonmetropolitan area supports a workforce of 1,670 Bookkeeping, Accounting, and Auditing Clerks, with 12.916 jobs per 1,000 workers. The Location Quotient of 1.37 indicates a concentration of these roles that is 37% higher than the national average, suggesting a robust and relatively in-demand job market for these professionals within the region.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in West Kentucky nonmetropolitan area earns-15.9%below the national average.
$21
$840
$3,640
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for this exact role in West Kentucky is not provided, it is generally assumed that salaries for Bookkeeping, Accounting, and Auditing Clerks have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for financial record-keeping, and the evolving complexity of accounting regulations.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in West Kentucky nonmetropolitan area
Career progression for Bookkeeping, Accounting, and Auditing Clerks typically involves salary increases 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, often reaching into the upper percentiles. The widening gap between entry-level and senior salaries signifies clear 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) | $28,810 | $13.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $32,760 | $15.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $42,330 | $20.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $54,600 | $26.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $60,650 | $29.2 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$43,680
Gross Pay
Real Wage (Purchasing Power)
$43,680
Adjusted for COL (100)
The average annual salary of $43,680 in the West Kentucky nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary holds its purchasing power comparably to the national average, suggesting that the lower average salary is offset by a more affordable lifestyle, making the take-home pay's real value competitive.
Job Market Context
1,670
Total Jobs
12.916
Per 1K Jobs
1.37
Location Quotient
With a location quotient of 1.37, West 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 1.37, the West Kentucky nonmetropolitan area demonstrates a higher concentration of Bookkeeping, Accounting, and Auditing Clerk positions compared to the national average. This suggests that the job market in this region is more specialized for these roles, potentially indicating a competitive environment for job seekers but also a greater abundance of opportunities relative to the general workforce.
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↑ 12% | 28 mi |
| Elizabethtown, KY Bookkeeping, Accounting, and Auditing Clerks Salary | $44,210↑ 1% | 66 mi |
| Louisville/Jefferson County, KY-IN Bookkeeping, Accounting, and Auditing Clerks Salary | $50,070↑ 15% | 72 mi |
| Cincinnati, OH-KY-IN Bookkeeping, Accounting, and Auditing Clerks Salary | $51,490↑ 18% | 100 mi |
Comparing salaries near West Kentucky nonmetropolitan area
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in West Kentucky nonmetropolitan area?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in West Kentucky nonmetropolitan area is $43,680. This typically ranges from $28,810 for entry-level positions to $60,650 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in West Kentucky nonmetropolitan area is 15.9% lower than the national median of $51,940.
Is West Kentucky nonmetropolitan area a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not compared to the national average.While the cost of living is on par with the national average, the average salary of $43,680 is significantly lower than the national average of $51,940, indicating less lucrative earning potential.
Is West Kentucky nonmetropolitan area a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in West Kentucky nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near West Kentucky nonmetropolitan area?
Some top paying nearby cities include Lexington-Fayette, KY ($49,100) and Elizabethtown, KY.
How does the local job market compare to the national average for this role?
The local market shows a higher concentration of these roles, with a Location Quotient of 1.37, suggesting more specialized demand than the national average.
What is the impact of the Cost of Living Index on salary perception?
The Cost of Living Index of 100 means the $43,680 salary has the same purchasing power as the national average, mitigating the impact of the lower nominal wage.
How many Bookkeeping, Accounting, and Auditing Clerk jobs are there in West Kentucky?
There are approximately 1,670 Bookkeeping, Accounting, and Auditing Clerks employed in the West Kentucky nonmetropolitan area.
Does experience significantly increase salary for these clerks in West Kentucky?
Yes, as with most roles, experience is a key driver for salary increases, with senior positions commanding higher pay than entry-level roles.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,670 employees in the West Kentucky nonmetropolitan area area with a job density of 12.916 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 West Kentucky nonmetropolitan area