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Average Billing and Posting Clerks Salary in Baltimore-Columbia-Towson, MD

Billing and Posting Clerks in the Baltimore-Columbia-Towson, MD area earn an average annual salary of $53,060. This figure is notably higher than the national average of $49,470, suggesting that local economic factors and demand within this specific metropolitan region contribute to a more favorable compensation landscape for these essential administrative roles.

Executive Summary

  • Average Salary: $53,060 per year.
  • Growth Trend: Salaries have shifted 22.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $70,620.
  • Outlook: The Baltimore-Columbia-Towson, MD area supports a substantial workforce of 3,460 Billing and Posting Clerks. With a Location Quotient of 0.95, the concentration of these roles is nearly on par with the national average, indicating a stable and consistent demand for these professionals within the local job market. The presence of nearly 3 jobs per 1,000 workers further underscores the steady employment opportunities available.
2024 Market Data

Salary Overview

$53,060

The average Billing and Posting Clerks in Baltimore-Columbia-Towson, MD earns+7.3%above the national average.

BreakdownBased on 40h/week
Hourly

$25.5

Weekly

$1,020

Monthly

$4,422

Billing and Posting Clerks Salary Distribution in Baltimore-Columbia-Towson, MD

Career progression for Billing and Posting Clerks typically involves a salary increase tied to experience and responsibility. Entry-level positions may start closer to the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command salaries significantly above the average. The percentile gaps in salary distribution highlight these opportunities for advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$39,130$18.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$39,795$19.1
ManagerOversees team, compliance, and project delivery.50% (Median)$49,690$23.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$66,325$31.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$70,620$34

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$53,060

Gross Pay

Real Wage (Purchasing Power)

$53,060

Adjusted for COL (100)

For professionals considering a move to Baltimore-Columbia-Towson, MD, the average annual salary of $53,060 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, offering a balanced financial outlook for residents.

Job Market Context

3,460

Total Jobs

2.577

Per 1K Jobs

0.95

Location Quotient

Below Average

Baltimore-Columbia-Towson, MD has 0.95x 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.

A Location Quotient of 0.95 indicates that Billing and Posting Clerk roles are present in Baltimore-Columbia-Towson, MD at a concentration very close to the national average. This suggests a healthy, albeit not exceptionally concentrated, job market where demand is consistent with the overall employment landscape, offering stable opportunities without extreme competition.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Baltimore-Columbia-Towson, MD

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Baltimore-Columbia-Towson, MD?

The median annual salary for a Billing and Posting Clerks in Baltimore-Columbia-Towson, MD is $53,060. This typically ranges from $39,130 for entry-level positions to $70,620 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Baltimore-Columbia-Towson, MD is 7.3% higher than the national median of $49,470.

Is Baltimore-Columbia-Towson, MD a lucrative place for Billing and Posting Clerks?

Yes, it offers competitive compensation.The average salary of $53,060 is above the national average, and the cost of living is exactly at the national average, making it a financially sound location.

Is Baltimore-Columbia-Towson, MD a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Baltimore-Columbia-Towson, MD is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Baltimore-Columbia-Towson, MD?

Some top paying nearby cities include Maryland nonmetropolitan area ($44,690) and Washington-Arlington-Alexandria, DC-VA-MD-WV.

How does the Baltimore-Columbia-Towson, MD salary compare to the national average?

Billing and Posting Clerks in Baltimore-Columbia-Towson, MD earn an average of $53,060 annually, which is $3,590 more than the national average of $49,470.

What is the concentration of Billing and Posting Clerks in this area?

The concentration, measured by the Location Quotient, is 0.95, indicating that the proportion of these jobs in the local workforce is very close to the national average.

How does the cost of living affect the salary in Baltimore-Columbia-Towson, MD?

With a Cost of Living Index of 100, the local cost of living is exactly at the national average. This means the $53,060 salary has the same purchasing power as the national average salary.

What is the total number of Billing and Posting Clerks in the Baltimore-Columbia-Towson, MD area?

There are approximately 3,460 Billing and Posting Clerks employed within the Baltimore-Columbia-Towson, MD 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 3,460 employees in the Baltimore-Columbia-Towson, MD area with a job density of 2.577 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.