Average Billing and Posting Clerks Salary in Arkansas
Billing and Posting Clerks in Arkansas earn an average annual salary of $40,720, which is notably below the national average of $49,470. This disparity is often influenced by the state's overall economic landscape and the specific demand for these administrative roles within Arkansas's business sector. Factors such as the cost of doing business and the prevailing wage scales contribute to this localized compensation.
Executive Summary
- Average Salary: $40,720 per year.
- Growth Trend: Salaries have shifted 17.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $53,090.
- Outlook: With a total local workforce of 4,380 Billing and Posting Clerks, Arkansas demonstrates a significant presence of this occupation. The Location Quotient of 1.25 indicates that this role is more concentrated in Arkansas than the national average, suggesting a steady demand and a potentially robust job market for these professionals within the state.
Salary Overview
The average Billing and Posting Clerks in Arkansas earns-17.7%below the national average.
$19.6
$783
$3,393
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data for Arkansas is not provided, it is generally observed that roles like Billing and Posting Clerks experience consistent, albeit modest, salary growth over time. This growth is typically driven by inflation, increasing demand for administrative support, and the need for updated skills in areas like digital record-keeping and billing software.
Billing and Posting Clerks Salary Distribution in Arkansas
The career trajectory for Billing and Posting Clerks in Arkansas typically involves a progression from entry-level positions to more senior or specialized roles. As professionals gain experience and develop expertise in areas such as accounts receivable, payment processing, and complex billing systems, their earning potential increases significantly, with higher percentiles reflecting greater responsibility and skill.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $30,520 | $14.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $30,540 | $14.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $37,860 | $18.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $50,900 | $24.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $53,090 | $25.5 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$40,720
Gross Pay
Real Wage (Purchasing Power)
$45,094
Adjusted for COL (90.3)
The nominal salary of $40,720 in Arkansas needs to be viewed in the context of its Cost of Living Index of 90.3. Since this index is below the national average of 100, the purchasing power of an Arkansas salary is relatively higher than the raw numbers might suggest, meaning the $40,720 can potentially cover more expenses locally compared to a similar salary in a higher cost-of-living area.
Job Market Context
4,380
Total Jobs
3.397
Per 1K Jobs
1.25
Location Quotient
With a location quotient of 1.25, Arkansas has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.
A Location Quotient of 1.25 signifies that Billing and Posting Clerk roles are 25% more concentrated in Arkansas than the national average. This suggests a healthy and potentially competitive job market where employers may actively seek out qualified candidates, and the demand for these skills is well-established within the state's economy.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| Little Rock-North Little Rock-Conway, AR Billing and Posting Clerks Salary | $42,010↑ 3% | 17 mi |
| Hot Springs, AR Billing and Posting Clerks Salary | $37,720↓ 7% | 51 mi |
Comparing salaries near Arkansas
Hiring Billing and Posting Clerkss?
Frequently Asked Questions
How much does a Billing and Posting Clerks make in Arkansas?
The median annual salary for a Billing and Posting Clerks in Arkansas is $40,720. This typically ranges from $30,520 for entry-level positions to $53,090 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Arkansas is 17.7% lower than the national median of $49,470.
Is Arkansas a lucrative place for Billing and Posting Clerks?
No, but cost of living offers some offset.The average salary of $40,720 is below the national average, indicating less lucrative pay. However, the lower cost of living (90.3) means the salary may stretch further than in higher-cost states.
Is Arkansas a good place to live for Billing and Posting Clerks?
With a Cost of Living Index of 90.3 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Arkansas?
Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($42,010) and Hot Springs, AR.
How does the Arkansas salary compare to the national average?
The average annual salary for Billing and Posting Clerks in Arkansas is $40,720, which is $8,750 less than the national average of $49,470.
What is the significance of the Location Quotient in Arkansas?
A Location Quotient of 1.25 indicates that Billing and Posting Clerk jobs are more concentrated in Arkansas compared to the national average, suggesting a stronger presence and demand for this occupation within the state.
How does the cost of living in Arkansas affect the salary?
With a Cost of Living Index of 90.3, Arkansas is more affordable than the national average. This means the $40,720 salary can potentially offer a better standard of living locally than it might in a more expensive state.
Are there many Billing and Posting Clerk jobs in Arkansas?
Arkansas has a total local workforce of 4,380 Billing and Posting Clerks, and the occupation is present at a rate of 3.397 jobs per 1,000 workers, indicating a substantial number of opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,380 employees in the Arkansas area with a job density of 3.397 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 Arkansas