Average Billing and Posting Clerks Salary in Bangor, ME
Billing and Posting Clerks in Bangor, Maine, earn an average annual salary of $47,050. This figure is slightly below the national average of $49,470, reflecting a localized compensation structure influenced by regional economic factors and the specific demand within the Bangor area. While the nominal salary is a key indicator, understanding the cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $47,050 per year.
- Growth Trend: Salaries have shifted 28.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $57,740.
- Outlook: The job market for Billing and Posting Clerks in Bangor, ME, shows a moderate level of concentration, indicated by a Location Quotient of 1.1, suggesting a presence slightly above the national average. With a local workforce of 210 individuals in this role, and approximately 2.967 jobs per 1,000 workers, the demand appears stable, though not exceptionally high, within this specific metropolitan area.
Salary Overview
The average Billing and Posting Clerks in Bangor, ME earns-4.9%below the national average.
$22.6
$905
$3,921
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data for Billing and Posting Clerks in Bangor is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring national economic patterns. Factors such as inflation, increased demand for administrative support, and evolving business needs likely contribute to incremental increases in compensation for these essential roles.
Billing and Posting Clerks Salary Distribution in Bangor, ME
Career progression for Billing and Posting Clerks typically involves a salary increase 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 compensation clearly signify the career trajectory and reward for developing specialized skills and taking on more complex tasks.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,240 | $18.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $35,288 | $17 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,640 | $22.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $58,813 | $28.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $57,740 | $27.8 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$47,050
Gross Pay
Real Wage (Purchasing Power)
$47,050
Adjusted for COL (100)
The average annual salary of $47,050 in Bangor, ME, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Billing and Posting Clerk's salary in Bangor is equivalent to the national average, offering a stable financial standing relative to the rest of the country.
Job Market Context
210
Total Jobs
2.967
Per 1K Jobs
1.1
Location Quotient
With a location quotient of 1.10, Bangor, ME has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.
With a Location Quotient of 1.1, the market for Billing and Posting Clerks in Bangor, ME, exhibits a concentration that is slightly higher than the national average. This suggests that the role is relatively well-established and perhaps in steady demand within the local economy, though it doesn't indicate an intensely competitive or saturated market.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| Southwest Maine nonmetropolitan area Billing and Posting Clerks Salary | $47,160↑ 0% | 31 mi |
| Northeast Maine nonmetropolitan area Billing and Posting Clerks Salary | $44,020↓ 6% | 31 mi |
| Lewiston-Auburn, ME Billing and Posting Clerks Salary | $46,430↓ 1% | 85 mi |
Comparing salaries near Bangor, ME
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Frequently Asked Questions
How much does a Billing and Posting Clerks make in Bangor, ME?
The median annual salary for a Billing and Posting Clerks in Bangor, ME is $47,050. This typically ranges from $38,240 for entry-level positions to $57,740 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bangor, ME is 4.9% lower than the national median of $49,470.
Is Bangor, ME a lucrative place for Billing and Posting Clerks?
Bangor, ME offers a salary equivalent to the national average in terms of purchasing power.While the average salary of $47,050 is slightly below the national average, the cost of living in Bangor is also at the national average (100). This balance means your earnings will likely stretch as far as they would in most other parts of the country.
Is Bangor, ME a good place to live for Billing and Posting Clerks?
The Cost of Living Index in Bangor, ME is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bangor, ME?
Some top paying nearby cities include Southwest Maine nonmetropolitan area ($47,160) and Northeast Maine nonmetropolitan area.
How does the Bangor salary compare to the national average?
The average annual salary for Billing and Posting Clerks in Bangor, ME, is $47,050, which is slightly lower than the national average of $49,470.
What is the cost of living in Bangor, ME for Billing and Posting Clerks?
The cost of living in Bangor, ME, is exactly at the national average, with an index of 100. This means that the $47,050 salary has the same purchasing power as the national average salary.
Is there high demand for Billing and Posting Clerks in Bangor, ME?
The Location Quotient of 1.1 suggests a slightly higher concentration of Billing and Posting Clerks than the national average, indicating a stable but not exceptionally high demand in the Bangor area.
How many Billing and Posting Clerks are there in Bangor, ME?
There are approximately 210 Billing and Posting Clerks in Bangor, ME, representing about 2.967 jobs per 1,000 workers in the local workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Bangor, ME area with a job density of 2.967 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 Bangor, ME