Average Billing and Posting Clerks Salary in Binghamton, NY
Billing and Posting Clerks in Binghamton, NY, earn an average annual salary of $46,830. This figure is slightly below the national average of $49,470, a common occurrence in markets where local economic factors and industry demand influence compensation structures. While the nominal salary may appear lower, understanding the local cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $46,830 per year.
- Growth Trend: Salaries have shifted 25.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $62,100.
- Outlook: Binghamton, NY, hosts a concentrated workforce of Billing and Posting Clerks, with a Location Quotient of 1.64, indicating a significantly higher presence than the national average. This suggests a robust local demand for these professionals, supported by 4.43 jobs per 1,000 workers. The substantial local workforce of 430 individuals points to a stable and established job market for this role within the region.
Salary Overview
The average Billing and Posting Clerks in Binghamton, NY earns-5.3%below the national average.
$22.5
$901
$3,903
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data for Billing and Posting Clerks in Binghamton 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 industry needs typically drive incremental salary increases for roles like Billing and Posting Clerks.
Billing and Posting Clerks Salary Distribution in Binghamton, NY
Career progression for Billing and Posting Clerks in Binghamton, NY, typically involves a salary increase tied to experience and skill development. Entry-level positions may start closer to the lower end of the pay scale, while senior clerks with extensive experience and specialized knowledge can command significantly higher salaries, reflecting the typical percentile gaps seen in most professional fields.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,470 | $18 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $35,123 | $16.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $42,680 | $20.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $58,538 | $28.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $62,100 | $29.9 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$46,830
Gross Pay
Real Wage (Purchasing Power)
$46,830
Adjusted for COL (100)
The average annual salary of $46,830 for Billing and Posting Clerks in Binghamton, NY, aligns precisely with the national average cost of living, which stands at an index of 100. This means that the purchasing power of the Binghamton salary is comparable to the national average, suggesting that the nominal salary effectively covers essential expenses without a significant premium or discount due to location.
Job Market Context
430
Total Jobs
4.43
Per 1K Jobs
1.64
Location Quotient
Binghamton, NY has 1.6x the national concentration of Billing and Posting Clerks jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 1.64, Binghamton, NY, exhibits a notable concentration of Billing and Posting Clerk positions relative to the national average. This suggests that the job market in Binghamton is more specialized or has a higher demand for these roles compared to other areas, potentially offering more opportunities or a more competitive environment for job seekers in this field.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| Ithaca, NY Billing and Posting Clerks Salary | $49,160↑ 5% | 39 mi |
| Elmira, NY Billing and Posting Clerks Salary | $44,210↓ 6% | 46 mi |
| Southwest New York nonmetropolitan area Billing and Posting Clerks Salary | $46,180↓ 1% | 49 mi |
| Central East New York nonmetropolitan area Billing and Posting Clerks Salary | $48,810↑ 4% | 49 mi |
| Capital/Northern New York nonmetropolitan area Billing and Posting Clerks Salary | $47,400↑ 1% | 49 mi |
Comparing salaries near Binghamton, NY
Hiring Billing and Posting Clerkss?
Frequently Asked Questions
How much does a Billing and Posting Clerks make in Binghamton, NY?
The median annual salary for a Billing and Posting Clerks in Binghamton, NY is $46,830. This typically ranges from $37,470 for entry-level positions to $62,100 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Binghamton, NY is 5.3% lower than the national median of $49,470.
Is Binghamton, NY a lucrative place for Billing and Posting Clerks?
Yes, with caveats.While the average salary is slightly below the national average, the cost of living is also at the national average, making the effective purchasing power comparable. The high concentration of these roles (LQ 1.64) suggests strong local demand.
Is Binghamton, NY a good place to live for Billing and Posting Clerks?
The Cost of Living Index in Binghamton, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Binghamton, NY?
Some top paying nearby cities include Ithaca, NY ($49,160) and Elmira, NY.
How does the Binghamton salary compare to the national average?
The average annual salary for Billing and Posting Clerks in Binghamton, NY, is $46,830, which is slightly lower than the national average of $49,470.
What is the cost of living in Binghamton, NY?
Binghamton, NY, has a cost of living index of 100, which is exactly the national average.
Is there high demand for Billing and Posting Clerks in Binghamton?
Yes, the Location Quotient of 1.64 indicates a higher concentration of these jobs in Binghamton compared to the national average, suggesting strong local demand.
How many Billing and Posting Clerks are there in Binghamton?
The total local workforce for Billing and Posting Clerks in Binghamton, NY, is approximately 430 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 430 employees in the Binghamton, NY area with a job density of 4.43 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 Binghamton, NY