Average Billing and Posting Clerks Salary in Bloomington, IL
Billing and Posting Clerks in Bloomington, IL, earn an average annual salary of $45,510. This figure is slightly below the national average of $49,470, a common occurrence in markets where local economic factors and demand influence compensation structures. The specific pay rates in Bloomington are shaped by the regional economic landscape and the concentration of businesses requiring these essential administrative roles.
Executive Summary
- Average Salary: $45,510 per year.
- Growth Trend: Salaries have shifted 20.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $58,350.
- Outlook: The Bloomington, IL market for Billing and Posting Clerks presents a stable employment environment, evidenced by a local workforce of 230 professionals. With a Location Quotient of 0.93, the concentration of these roles is nearly on par with the national average, suggesting a consistent, albeit not exceptionally high, demand. The presence of 2.518 jobs per 1,000 workers indicates a steady need for these positions within the local economy.
Salary Overview
The average Billing and Posting Clerks in Bloomington, IL earns-8.0%below the national average.
$21.9
$875
$3,793
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data for Bloomington's Billing and Posting Clerk salaries is not provided, it is reasonable to assume a trend of gradual salary growth over the past four years, mirroring national economic trends. Factors such as inflation, increasing demand for administrative efficiency, and the evolving nature of billing systems likely contribute to incremental increases in compensation for these roles.
Billing and Posting Clerks Salary Distribution in Bloomington, IL
Career progression for Billing and Posting Clerks in Bloomington, IL, typically involves a salary increase tied to experience. 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 higher than the average. The percentile gaps in salary distribution reflect these opportunities for advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,590 | $17.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,133 | $16.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $45,820 | $22 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $56,888 | $27.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $58,350 | $28.1 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$45,510
Gross Pay
Real Wage (Purchasing Power)
$45,510
Adjusted for COL (100)
The nominal average annual salary of $45,510 for Billing and Posting Clerks in Bloomington, IL, 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 Bloomington is equivalent to the national average, offering a stable financial standing for residents without the added pressure of a higher cost of living.
Job Market Context
230
Total Jobs
2.518
Per 1K Jobs
0.93
Location Quotient
Bloomington, IL has 0.93x 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.
Bloomington, IL, exhibits a Billing and Posting Clerk job market with a Location Quotient of 0.93, indicating a concentration of these roles that is very close to the national average. This suggests a balanced market where the demand for these professionals is neither exceptionally high nor particularly low relative to other occupations. The job market is competitive but offers steady opportunities for qualified individuals.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| West Central Illinois nonmetropolitan area Billing and Posting Clerks Salary | $43,970↓ 3% | 9 mi |
| East Central Illinois nonmetropolitan area Billing and Posting Clerks Salary | $46,120↑ 1% | 9 mi |
| Northwest Illinois nonmetropolitan area Billing and Posting Clerks Salary | $45,830↑ 1% | 9 mi |
| South Illinois nonmetropolitan area Billing and Posting Clerks Salary | $43,180↓ 5% | 9 mi |
| Peoria, IL Billing and Posting Clerks Salary | $47,570↑ 5% | 39 mi |
Comparing salaries near Bloomington, IL
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Frequently Asked Questions
How much does a Billing and Posting Clerks make in Bloomington, IL?
The median annual salary for a Billing and Posting Clerks in Bloomington, IL is $45,510. This typically ranges from $35,590 for entry-level positions to $58,350 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bloomington, IL is 8.0% lower than the national median of $49,470.
Is Bloomington, IL a lucrative place for Billing and Posting Clerks?
No, not exceptionally lucrative, but stable.While the average salary of $45,510 is slightly below the national average, the cost of living is also at the national average, making the purchasing power comparable. The market is stable with consistent demand.
Is Bloomington, IL a good place to live for Billing and Posting Clerks?
The Cost of Living Index in Bloomington, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bloomington, IL?
Some top paying nearby cities include West Central Illinois nonmetropolitan area ($43,970) and East Central Illinois nonmetropolitan area.
How does the Bloomington, IL salary compare to the national average?
The average annual salary for Billing and Posting Clerks in Bloomington, IL is $45,510, which is approximately $3,960 less than the national average of $49,470.
What is the significance of the Location Quotient (LQ) for this role in Bloomington?
An LQ of 0.93 means that Billing and Posting Clerks are slightly less concentrated in Bloomington compared to the national average. This indicates a stable but not overly saturated job market for this profession.
Does the cost of living in Bloomington affect the perceived value of the salary?
No, the cost of living in Bloomington is exactly at the national average (100). Therefore, the average salary of $45,510 offers purchasing power equivalent to the national average.
What does 'Jobs per 1,000 Workers' tell us about the Billing and Posting Clerk market in Bloomington?
With 2.518 jobs per 1,000 workers, this metric indicates a moderate presence of Billing and Posting Clerk roles within the overall Bloomington workforce, suggesting consistent employment opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Bloomington, IL area with a job density of 2.518 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 Bloomington, IL