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The estimated total pay for a Bookkeeper is $47,994 per year in the Indianapolis, IN area, with an average salary of $45,556 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is $2,439 per year. Additional pay could include cash bonus, commission, tips, and profit sharing. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role.
How accurate is this most likely Total Pay range (base + additional) of $40K-$58K/yr?
For Bookkeeper in Indianapolis, IN
Download as data table
Job Title | Salary |
---|---|
Bookkeeper | $47,994 /yr |
Senior Bookkeeper | $60,057 /yr |
Lead Bookkeeper | $56,680 /yr |
For Bookkeeper in Indianapolis, IN
Some related job titles are Accounts Payable Salaries with median pay of $48,240, Full Charge Bookkeeper Salaries with median pay of $63,716, Accountant Salaries with median pay of $70,116, Accounting Salaries with median pay of $61,080.
For Bookkeeper in Indianapolis, IN
Download as data table
Job Title | Salary |
---|---|
Bookkeeper | $47,994 /yr |
Senior Bookkeeper | $60,057 /yr |
Lead Bookkeeper | $56,680 /yr |
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What is the pay outlook for Finance & Accounting?
Jobs in finance and accounting are expected to see continued demand, with employment growth linked to the health of the broader economy. These jobs will continue to offer above average pay but usually require higher education or certification to enter the field. While automation will replace many common tasks, it is not expected to reduce the need for these employees; it will instead allow them to focus on core soft skills like advising clients and analyzing trends.
How does the Bookkeeper salary in Indianapolis, IN compare to the national average salary in US for the same job?
The average salary for a Bookkeeper in US is $40,360 per year based on 2,398 salary contributions, which is 8.34% more than the salary for a Bookkeeper in Indianapolis, IN. The cost of living and the local demand for the work are among the factors affecting wages. The top 3 companies in US where a Bookkeeper gets the highest compensation are CohnReznick, Eide Bailly LLP and Manassas City Public Schools. Bigger companies typically pay 53.29% more than smaller companies for a Bookkeeper.
The average salary for a Bookkeeper is $47,994 per year in Indianapolis, IN. Salaries estimates are based on 7228 salaries submitted anonymously to Glassdoor by a Bookkeeper employees in Indianapolis, IN.
The highest salary for a Bookkeeper in Indianapolis, IN is $57,903 per year.
The lowest salary for a Bookkeeper in Indianapolis, IN is $39,916 per year.
If you are thinking of becoming a Bookkeeper or planning the next step in your career, find details about the role, the career path and salary trajectory of a Bookkeeper.
Bookkeeper roles provide a professional working environment and exposure to corporate financial decision-making to candidates without high barriers to entry. Pay is in line with other office positions that do not require bachelor’s degrees, such as executive assistants and receptionists. Bookkeepers working in urban regions, as well as those with a relevant associate’s degree or more work experience, are typically paid the highest salaries.
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Bookkeepers ranked their salary satisfaction on Glassdoor, and approximately 70% describe themselves as satisfied. It's a profession with growth potential, and a bachelor's degree in accounting, experience, and industry-specific skills boost earnings. Professionals also have the potential to earn $2,438.57 of additional pay every year.
The average bookkeeper career path features an earnings range between $33,836.78 and $68,471.91, with an average of $47,994.43. After gaining a feel for the job and furthering your education with a bachelor's degree, however, you can progress to an upper-level position as a senior bookkeeper, which averages a higher annual salary and total pay.
If you want more money from your career as a bookkeeper, hone the field's most in-demand skills. Your organization, attention to detail, time management, and communication should stand out among other professionals, and you should be well-versed in Microsoft Office Suite, invoicing, accounts payable, spreadsheets, error correction, and numeracy. Choosing a specialty in the field and gaining experience is the most important step, and you can gain additional knowledge through internships, part-time jobs, or remote roles. The more experience you have, the more your salary rises. Earning a bachelor's degree or higher in accounting will also help you stand out to potential employers while scoring you a higher salary.
If you're starting your first job as a bookkeeper, your negotiating power is limited, so focus on similar roles, experience, and education to demonstrate your value. The field places an emphasis on experience, so you earn more negotiating power the longer you remain in the role. Those who work in a major industry and are actively sought out by recruiters can ask for a higher salary. Aim for a range between 5 and 10%, always let them ask first, and bring benefits into the deal. Know the average salary for bookkeepers in your area, and back up why you're worth the raise with research and demonstration of what you've achieved.