Average Billing and Posting Clerks Salary in Albany-Schenectady-Troy, NY
Billing and Posting Clerks in the Albany-Schenectady-Troy, NY area earn an average annual salary of $50,790. This figure slightly surpasses the national average of $49,470, indicating a localized demand that influences compensation. The specific economic drivers and industry needs within this metropolitan region contribute to this favorable pay rate for the role.
Executive Summary
- Average Salary: $50,790 per year.
- Growth Trend: Salaries have shifted 17.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $64,510.
- Outlook: The Albany-Schenectady-Troy, NY metropolitan area supports a robust workforce of 1,230 Billing and Posting Clerks. With a Location Quotient of 1.02, the concentration of these roles is on par with the national average, suggesting a stable and consistent demand for these professionals within the local economy. The presence of nearly 3 jobs per 1,000 workers further underscores the steady employment opportunities available.
Salary Overview
The average Billing and Posting Clerks in Albany-Schenectady-Troy, NY earns+2.7%above the national average.
$24.4
$977
$4,233
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Billing and Posting Clerks in Albany-Schenectady-Troy, NY have experienced gradual growth over the past four years, mirroring national trends. Economic expansion, inflation, and evolving industry demands typically drive incremental increases in compensation for administrative roles like this.
Billing and Posting Clerks Salary Distribution in Albany-Schenectady-Troy, NY
Career progression for Billing and Posting Clerks typically involves a salary increase tied to experience. Entry-level positions may start at a lower percentile, while senior clerks with extensive experience and specialized skills can command salaries significantly above the average. The widening gap between entry-level and senior-level pay reflects the value placed on accumulated expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,740 | $19.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $38,093 | $18.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $48,210 | $23.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $63,488 | $30.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $64,510 | $31 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$50,790
Gross Pay
Real Wage (Purchasing Power)
$50,790
Adjusted for COL (100)
For individuals considering a move to Albany-Schenectady-Troy, NY, the average salary of $50,790 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of the salary is equivalent to the national average, offering a stable financial outlook without the immediate pressure of higher living expenses.
Job Market Context
1,230
Total Jobs
2.772
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Albany-Schenectady-Troy, NY has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.
The Location Quotient of 1.02 for Billing and Posting Clerks in Albany-Schenectady-Troy, NY signifies a market that is closely aligned with the national average in terms of job concentration. This suggests a competitive yet stable job market where opportunities are readily available, but not necessarily in overwhelming abundance compared to national benchmarks.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| Pittsfield, MA Billing and Posting Clerks Salary | $50,560↓ 0% | 31 mi |
| Glens Falls, NY Billing and Posting Clerks Salary | $48,830↓ 4% | 45 mi |
| Kingston, NY Billing and Posting Clerks Salary | $51,300↑ 1% | 52 mi |
| Southwest New York nonmetropolitan area Billing and Posting Clerks Salary | $46,180↓ 9% | 68 mi |
| Central East New York nonmetropolitan area Billing and Posting Clerks Salary | $48,810↓ 4% | 68 mi |
Comparing salaries near Albany-Schenectady-Troy, NY
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Frequently Asked Questions
How much does a Billing and Posting Clerks make in Albany-Schenectady-Troy, NY?
The median annual salary for a Billing and Posting Clerks in Albany-Schenectady-Troy, NY is $50,790. This typically ranges from $39,740 for entry-level positions to $64,510 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albany-Schenectady-Troy, NY is 2.7% higher than the national median of $49,470.
Is Albany-Schenectady-Troy, NY a lucrative place for Billing and Posting Clerks?
Yes, it offers slightly above-average compensation.The average salary of $50,790 is higher than the national average, and the cost of living is at the national average, making it financially favorable.
Is Albany-Schenectady-Troy, NY a good place to live for Billing and Posting Clerks?
The Cost of Living Index in Albany-Schenectady-Troy, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Albany-Schenectady-Troy, NY?
Some top paying nearby cities include Pittsfield, MA ($50,560) and Glens Falls, NY.
What is the average salary for a Billing and Posting Clerk in Albany-Schenectady-Troy, NY?
The average annual salary for a Billing and Posting Clerk in Albany-Schenectady-Troy, NY is $50,790.
How does the Albany-Schenectady-Troy, NY salary compare to the national average?
The average salary in Albany-Schenectady-Troy, NY ($50,790) is slightly higher than the national average ($49,470).
What is the Cost of Living Index in Albany-Schenectady-Troy, NY?
The Cost of Living Index in Albany-Schenectady-Troy, NY is 100, which is the national average.
How many Billing and Posting Clerks are employed in the Albany-Schenectady-Troy, NY area?
There are approximately 1,230 Billing and Posting Clerks employed in the Albany-Schenectady-Troy, NY metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,230 employees in the Albany-Schenectady-Troy, NY area with a job density of 2.772 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Billing and Posting Clerks • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY