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Average Billing and Posting Clerks Salary in Akron, OH

Billing and Posting Clerks in Akron, OH, earn an average annual salary of $45,320. This figure is slightly below the national average of $49,470, suggesting that local economic factors and demand influence compensation within this specific Ohio market. While the nominal salary is lower, understanding the cost of living is crucial for a complete financial picture.

Executive Summary

  • Average Salary: $45,320 per year.
  • Growth Trend: Salaries have shifted 20.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $57,680.
  • Outlook: Akron, OH, hosts a workforce of 1,150 Billing and Posting Clerks, indicating a stable presence within the local job market. The Location Quotient of 1.33 signifies a higher concentration of these roles compared to the national average, suggesting a moderate but consistent demand for these professionals in the region.
2024 Market Data

Salary Overview

$45,320

The average Billing and Posting Clerks in Akron, OH earns-8.4%below the national average.

BreakdownBased on 40h/week
Hourly

$21.8

Weekly

$872

Monthly

$3,777

Billing and Posting Clerks Salary Distribution in Akron, OH

The career trajectory for Billing and Posting Clerks typically involves salary increases with accumulated experience. Entry-level positions may start at the lower end of the pay scale, while senior clerks with extensive expertise and responsibilities can command significantly higher salaries. The percentile gaps in earnings reflect this progression, rewarding seasoned professionals with greater compensation.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,010$17.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$33,990$16.3
ManagerOversees team, compliance, and project delivery.50% (Median)$44,160$21.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$56,650$27.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$57,680$27.7

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$45,320

Gross Pay

Real Wage (Purchasing Power)

$45,320

Adjusted for COL (100)

With an average annual salary of $45,320 and a Cost of Living Index of 100, the nominal income for Billing and Posting Clerks in Akron, OH, aligns precisely with the national average cost of living. This means that the purchasing power of an Akron-based salary is equivalent to the national average, offering a stable financial foundation.

Job Market Context

1,150

Total Jobs

3.599

Per 1K Jobs

1.33

Location Quotient

Above Average

With a location quotient of 1.33, Akron, OH has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

The Location Quotient of 1.33 for Billing and Posting Clerks in Akron, OH, indicates that this profession is more concentrated in the area than the national average. This suggests a potentially competitive market for job seekers, but also signifies a robust demand and established presence for these roles within the local economy.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Akron, OH

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Akron, OH?

The median annual salary for a Billing and Posting Clerks in Akron, OH is $45,320. This typically ranges from $37,010 for entry-level positions to $57,680 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Akron, OH is 8.4% lower than the national median of $49,470.

Is Akron, OH a lucrative place for Billing and Posting Clerks?

No, but it is competitive.While the average salary of $45,320 is below the national average, the higher concentration of these roles (LQ 1.33) suggests consistent demand. The cost of living being at the national average means the salary's purchasing power is standard.

Is Akron, OH a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Akron, OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Akron, OH?

Some top paying nearby cities include Canton-Massillon, OH ($43,210) and Cleveland, OH.

How does the Akron salary compare to the national average?

The average annual salary for Billing and Posting Clerks in Akron, OH, is $45,320, which is approximately $4,150 lower than the national average of $49,470.

What is the significance of the Location Quotient (LQ) in Akron?

An LQ of 1.33 means that Billing and Posting Clerks are 33% more concentrated in Akron, OH, than the national average, indicating a stronger local presence and demand for this profession.

How does the cost of living in Akron affect salary perception?

Akron's Cost of Living Index is 100, matching the national average. Therefore, the $45,320 salary in Akron offers the same purchasing power as the national average salary in a typical U.S. location.

What is the total number of Billing and Posting Clerks in Akron?

There are approximately 1,150 Billing and Posting Clerks employed in the Akron, OH area, representing a significant portion of the local administrative workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,150 employees in the Akron, OH area with a job density of 3.599 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.