Average Billing and Posting Clerks Salary in Albuquerque, NM
In Albuquerque, NM, Billing and Posting Clerks earn an average annual salary of $44,850. This figure is slightly below the national average of $49,470, reflecting localized economic conditions and demand within the region. While the nominal salary may be lower, it's crucial to consider the cost of living when evaluating compensation.
Executive Summary
- Average Salary: $44,850 per year.
- Growth Trend: Salaries have shifted 15.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $55,630.
- Outlook: With a local workforce of 940 Billing and Posting Clerks, Albuquerque presents a moderately sized employment pool for this role. The Location Quotient of 0.87 suggests that this profession is slightly less concentrated in Albuquerque compared to the national average, indicating a stable but not exceptionally high demand. The presence of 2.344 jobs per 1,000 workers points to consistent opportunities within the city's economy.
Salary Overview
The average Billing and Posting Clerks in Albuquerque, NM earns-9.3%below the national average.
$21.6
$863
$3,738
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data for Billing and Posting Clerks in Albuquerque is not provided, it's reasonable to assume a general trend of salary growth mirroring national patterns over the past four years. Economic shifts and inflation typically drive modest increases in compensation for administrative roles, suggesting that salaries have likely seen an upward trajectory, albeit potentially at a different pace than the national average.
Billing and Posting Clerks Salary Distribution in Albuquerque, NM
The career path for Billing and Posting Clerks typically involves salary progression based on experience and skill acquisition. Entry-level positions may start at the lower end of the pay scale, while senior clerks with extensive experience in complex billing systems and accounts receivable management can command significantly higher salaries. The percentile gaps in salary distribution highlight these opportunities for advancement and increased earning potential within the profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,350 | $17 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $33,638 | $16.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,660 | $21.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $56,063 | $27 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $55,630 | $26.7 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$44,850
Gross Pay
Real Wage (Purchasing Power)
$44,850
Adjusted for COL (100)
The average annual salary of $44,850 for Billing and Posting Clerks in Albuquerque, NM, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary in Albuquerque is equivalent to the national average, suggesting that the nominal salary effectively covers the cost of goods and services at a national benchmark level.
Job Market Context
940
Total Jobs
2.344
Per 1K Jobs
0.87
Location Quotient
Albuquerque, NM has 0.87x the national average concentration of Billing and Posting Clerks jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
Albuquerque's Location Quotient of 0.87 for Billing and Posting Clerks indicates that the profession is present in the local market at a slightly lower concentration than the national average. This suggests that while the role is established, it may not be as dominant a sector as in other regions. The job market is likely competitive, with opportunities available but perhaps not as abundant as in areas with a higher concentration of these roles.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| Eastern New Mexico nonmetropolitan area Billing and Posting Clerks Salary | $43,780↓ 2% | 29 mi |
| Northern New Mexico nonmetropolitan area Billing and Posting Clerks Salary | $43,730↓ 2% | 29 mi |
| Santa Fe, NM Billing and Posting Clerks Salary | $46,680↑ 4% | 54 mi |
Comparing salaries near Albuquerque, NM
Hiring Billing and Posting Clerkss?
Frequently Asked Questions
How much does a Billing and Posting Clerks make in Albuquerque, NM?
The median annual salary for a Billing and Posting Clerks in Albuquerque, NM is $44,850. This typically ranges from $35,350 for entry-level positions to $55,630 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albuquerque, NM is 9.3% lower than the national median of $49,470.
Is Albuquerque, NM a lucrative place for Billing and Posting Clerks?
No, not exceptionally lucrative compared to the national average.While the cost of living is at the national average, the average salary for Billing and Posting Clerks in Albuquerque is below the national average. The slightly lower Location Quotient also suggests less concentrated demand.
Is Albuquerque, NM a good place to live for Billing and Posting Clerks?
The Cost of Living Index in Albuquerque, NM is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Albuquerque, NM?
Some top paying nearby cities include Eastern New Mexico nonmetropolitan area ($43,780) and Northern New Mexico nonmetropolitan area.
How does Albuquerque's cost of living compare to the national average for Billing and Posting Clerks?
Albuquerque's cost of living index is exactly 100, meaning it is precisely at the national average. This indicates that the purchasing power of a salary in Albuquerque is equivalent to the national average.
What is the concentration of Billing and Posting Clerks in Albuquerque?
The Location Quotient for Billing and Posting Clerks in Albuquerque is 0.87. This signifies that the profession is slightly less concentrated in Albuquerque compared to the national average.
How many Billing and Posting Clerk jobs are there per 1,000 workers in Albuquerque?
There are approximately 2.344 Billing and Posting Clerk jobs per 1,000 workers in Albuquerque, NM.
What is the total number of Billing and Posting Clerks in Albuquerque?
The total local workforce for Billing and Posting Clerks in Albuquerque, NM, is estimated to be 940 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 940 employees in the Albuquerque, NM area with a job density of 2.344 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 Albuquerque, NM