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Average Billing and Posting Clerks Salary in Boston-Cambridge-Newton, MA-NH

Billing and Posting Clerks in the Boston-Cambridge-Newton, MA-NH metropolitan area earn an average annual salary of $56,330, significantly surpassing the national average of $49,470. This higher compensation is often attributed to the region's robust economic landscape and the specialized financial services sector that characterizes the area, demanding a higher caliber of administrative support.

Executive Summary

  • Average Salary: $56,330 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $67,620.
  • Outlook: The Boston-Cambridge-Newton area supports a substantial workforce of 6,310 Billing and Posting Clerks. With a Location Quotient of 0.86, the concentration of these roles is slightly below the national average, suggesting a stable but not overly saturated market. The presence of 2.331 jobs per 1,000 workers indicates consistent demand for these essential administrative functions within the local economy.
2024 Market Data

Salary Overview

$56,330

The average Billing and Posting Clerks in Boston-Cambridge-Newton, MA-NH earns+13.9%above the national average.

BreakdownBased on 40h/week
Hourly

$27.1

Weekly

$1,083

Monthly

$4,694

Billing and Posting Clerks Salary Distribution in Boston-Cambridge-Newton, MA-NH

Career progression for Billing and Posting Clerks typically involves moving from entry-level positions to more senior or specialized roles. As experience accumulates, individuals can expect their salaries to increase, with senior clerks potentially earning significantly more than their junior counterparts. The percentile gaps in salary distribution highlight these opportunities for advancement and increased earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$46,110$22.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$42,248$20.3
ManagerOversees team, compliance, and project delivery.50% (Median)$54,830$26.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$70,413$33.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$67,620$32.5

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$56,330

Gross Pay

Real Wage (Purchasing Power)

$56,330

Adjusted for COL (100)

The average annual salary of $56,330 in Boston-Cambridge-Newton, MA-NH aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is higher than the national average, the purchasing power of that salary is comparable to the national average, indicating that the increased earnings are offset by the cost of living in this major metropolitan area.

Job Market Context

6,310

Total Jobs

2.331

Per 1K Jobs

0.86

Location Quotient

Below Average

Boston-Cambridge-Newton, MA-NH has 0.86x 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 0.86 for Billing and Posting Clerks in Boston-Cambridge-Newton suggests that the job market is slightly less concentrated than the national average. This indicates a healthy demand for these professionals, but perhaps not an overabundance of specialized talent, potentially leading to competitive compensation for qualified candidates.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Boston-Cambridge-Newton, MA-NH

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Boston-Cambridge-Newton, MA-NH?

The median annual salary for a Billing and Posting Clerks in Boston-Cambridge-Newton, MA-NH is $56,330. This typically ranges from $46,110 for entry-level positions to $67,620 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Boston-Cambridge-Newton, MA-NH is 13.9% higher than the national median of $49,470.

Is Boston-Cambridge-Newton, MA-NH a lucrative place for Billing and Posting Clerks?

Yes, with a caveat.The average salary of $56,330 is higher than the national average, but the Cost of Living Index is also at the national average, meaning purchasing power is similar.

Is Boston-Cambridge-Newton, MA-NH a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Boston-Cambridge-Newton, MA-NH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Boston-Cambridge-Newton, MA-NH?

Some top paying nearby cities include Massachusetts nonmetropolitan area ($56,200) and Worcester, MA.

What is the average salary for a Billing and Posting Clerk in Boston?

The average annual salary for a Billing and Posting Clerk in the Boston-Cambridge-Newton, MA-NH area is $56,330.

How does the Boston salary compare to the national average?

The average salary in Boston ($56,330) is higher than the national average ($49,470) by approximately 13.9%.

What is the Cost of Living in Boston-Cambridge-Newton, MA-NH?

The Cost of Living Index for Boston-Cambridge-Newton, MA-NH is 100, which is the national average.

How concentrated is the job market for Billing and Posting Clerks in Boston?

The job market concentration, measured by the Location Quotient, is 0.86, slightly below the national average, indicating a stable demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,310 employees in the Boston-Cambridge-Newton, MA-NH area with a job density of 2.331 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.