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.
Salary Overview
The average Billing and Posting Clerks in Boston-Cambridge-Newton, MA-NH earns+13.9%above the national average.
$27.1
$1,083
$4,694
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data for Billing and Posting Clerks in Boston is not provided, it is reasonable to assume a general upward trend in salaries over the past four years, mirroring national economic patterns. Factors such as inflation, increased demand for administrative efficiency, and the growing complexity of billing processes likely contribute to salary growth in this profession.
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 Level | Market Percentile | Annual Wage | Hourly 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
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
| City | Salary | Dist. |
|---|---|---|
| Massachusetts nonmetropolitan area Billing and Posting Clerks Salary | $56,200↓ 0% | 24 mi |
| Worcester, MA Billing and Posting Clerks Salary | $53,280↓ 5% | 37 mi |
| Providence-Warwick, RI-MA Billing and Posting Clerks Salary | $51,090↓ 9% | 38 mi |
| Manchester-Nashua, NH Billing and Posting Clerks Salary | $50,180↓ 11% | 50 mi |
| Barnstable Town, MA Billing and Posting Clerks Salary | $53,120↓ 6% | 59 mi |
Comparing salaries near Boston-Cambridge-Newton, MA-NH
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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.
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Semantic Salary Analysis for Billing and Posting Clerks • Data source: BLS OEWS 2024 •Jobs in Boston-Cambridge-Newton, MA-NH