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Average Billing and Posting Clerks Salary in Bridgeport-Stamford-Danbury, CT

Billing and Posting Clerks in the Bridgeport-Stamford-Danbury, CT area earn an average annual salary of $55,160, significantly exceeding the national average of $49,470. This higher compensation is likely influenced by the region's economic landscape and the specific demands of local industries that require meticulous financial record-keeping.

Executive Summary

  • Average Salary: $55,160 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $71,550.
  • Outlook: With a total local workforce of 710 Billing and Posting Clerks, the Bridgeport-Stamford-Danbury area demonstrates a stable presence in this occupational field. The location quotient of 0.65 suggests that while the profession is present, it is slightly less concentrated than the national average, indicating a potentially balanced job market with consistent opportunities.
2024 Market Data

Salary Overview

$55,160

The average Billing and Posting Clerks in Bridgeport-Stamford-Danbury, CT earns+11.5%above the national average.

BreakdownBased on 40h/week
Hourly

$26.5

Weekly

$1,061

Monthly

$4,597

Billing and Posting Clerks Salary Distribution in Bridgeport-Stamford-Danbury, CT

Career progression for Billing and Posting Clerks 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 above the average. The percentile gaps in salary distribution highlight these opportunities for advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$42,490$20.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$41,370$19.9
ManagerOversees team, compliance, and project delivery.50% (Median)$52,450$25.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$68,950$33.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$71,550$34.4

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$55,160

Gross Pay

Real Wage (Purchasing Power)

$55,160

Adjusted for COL (100)

The average annual salary of $55,160 in Bridgeport-Stamford-Danbury, CT, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Billing and Posting Clerk's salary in this region is equivalent to the national standard, offering a stable financial foundation without the added pressure of a significantly higher cost of living.

Job Market Context

710

Total Jobs

1.757

Per 1K Jobs

0.65

Location Quotient

Below Average

Bridgeport-Stamford-Danbury, CT has 0.65x 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.

The location quotient of 0.65 for Billing and Posting Clerks in Bridgeport-Stamford-Danbury, CT, indicates that this profession is employed at a rate slightly below the national average concentration. This suggests a market that is neither oversaturated nor exceptionally scarce, implying a steady demand for qualified professionals without intense competition for available roles.

Nearby Job Markets

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Frequently Asked Questions

How much does a Billing and Posting Clerks make in Bridgeport-Stamford-Danbury, CT?

The median annual salary for a Billing and Posting Clerks in Bridgeport-Stamford-Danbury, CT is $55,160. This typically ranges from $42,490 for entry-level positions to $71,550 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Bridgeport-Stamford-Danbury, CT is 11.5% higher than the national median of $49,470.

Is Bridgeport-Stamford-Danbury, CT a lucrative place for Billing and Posting Clerks?

Yes, it offers above-average compensation.Billing and Posting Clerks in this region earn $55,160 annually, which is higher than the national average. Coupled with a cost of living that matches the national average, this makes the area financially attractive for the role.

Is Bridgeport-Stamford-Danbury, CT a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Bridgeport-Stamford-Danbury, CT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Bridgeport-Stamford-Danbury, CT?

Some top paying nearby cities include New Haven, CT ($62,420) and Waterbury-Shelton, CT.

How does the Bridgeport-Stamford-Danbury salary compare to the national average?

The average salary for Billing and Posting Clerks in Bridgeport-Stamford-Danbury, CT is $55,160, which is $5,690 higher than the national average of $49,470.

What is the cost of living in Bridgeport-Stamford-Danbury, CT?

The cost of living index in Bridgeport-Stamford-Danbury, CT is 100, which is exactly the national average, meaning it is neither significantly more nor less expensive to live there compared to the rest of the country.

How concentrated is the Billing and Posting Clerk job market in this area?

The location quotient of 0.65 suggests that Billing and Posting Clerks are employed at a slightly lower rate per worker in Bridgeport-Stamford-Danbury, CT compared to the national average.

How many Billing and Posting Clerks are there in Bridgeport-Stamford-Danbury, CT?

There are approximately 710 Billing and Posting Clerks employed in the Bridgeport-Stamford-Danbury, CT area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 710 employees in the Bridgeport-Stamford-Danbury, CT area with a job density of 1.757 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.