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Average Billing and Posting Clerks Salary in Capital/Northern New York nonmetropolitan area

Billing and Posting Clerks in the Capital/Northern New York nonmetropolitan area earn an average annual salary of $47,400. This figure is slightly below the national average of $49,470, a common occurrence in nonmetropolitan regions where localized economic factors and demand can influence compensation levels. The specific economic landscape of this area shapes the earning potential for these essential administrative roles.

Executive Summary

  • Average Salary: $47,400 per year.
  • Growth Trend: Salaries have shifted 12.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $58,100.
  • Outlook: The Capital/Northern New York nonmetropolitan area supports a dedicated workforce of approximately 400 Billing and Posting Clerks. With a Location Quotient of 1.04, this region shows a concentration of these roles that is marginally higher than the national average, suggesting a stable and consistent demand for these professionals within the local economy. The presence of nearly 3 jobs per 1,000 workers indicates a healthy, albeit not rapidly expanding, job market for this occupation.
2024 Market Data

Salary Overview

$47,400

The average Billing and Posting Clerks in Capital/Northern New York nonmetropolitan area earns-4.2%below the national average.

BreakdownBased on 40h/week
Hourly

$22.8

Weekly

$912

Monthly

$3,950

Billing and Posting Clerks Salary Distribution in Capital/Northern New York nonmetropolitan area

Career progression for Billing and Posting Clerks typically involves a clear salary trajectory from entry-level to senior positions. Junior clerks often start at the lower end of the pay scale, gaining experience and developing specialized skills. As professionals advance, taking on more complex tasks and responsibilities, their earning potential increases significantly, with senior clerks commanding higher salaries that reflect their expertise and tenure within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,670$18.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$35,550$17.1
ManagerOversees team, compliance, and project delivery.50% (Median)$46,040$22.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$59,250$28.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$58,100$27.9

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$47,400

Gross Pay

Real Wage (Purchasing Power)

$47,400

Adjusted for COL (100)

The nominal average salary of $47,400 in the Capital/Northern New York nonmetropolitan area 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 that of their national counterparts, offering a stable financial standing relative to the cost of goods and services.

Job Market Context

400

Total Jobs

2.822

Per 1K Jobs

1.04

Location Quotient

Above Average

With a location quotient of 1.04, Capital/Northern New York nonmetropolitan area has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

A Location Quotient of 1.04 for Billing and Posting Clerks in the Capital/Northern New York nonmetropolitan area indicates a job market that is slightly more concentrated than the national average. This suggests that while the demand is present and perhaps even a bit more robust locally, the market is not oversaturated, offering a balanced environment for job seekers and employers alike.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Capital/Northern New York nonmetropolitan area

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Capital/Northern New York nonmetropolitan area?

The median annual salary for a Billing and Posting Clerks in Capital/Northern New York nonmetropolitan area is $47,400. This typically ranges from $38,670 for entry-level positions to $58,100 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Capital/Northern New York nonmetropolitan area is 4.2% lower than the national median of $49,470.

Is Capital/Northern New York nonmetropolitan area a lucrative place for Billing and Posting Clerks?

No, it is slightly below the national average.While the cost of living is on par with the national average, the average salary of $47,400 is slightly less than the national average of $49,470, indicating it's not a particularly lucrative market.

Is Capital/Northern New York nonmetropolitan area a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Capital/Northern New York nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Capital/Northern New York nonmetropolitan area?

Some top paying nearby cities include Binghamton, NY ($46,830) and Kingston, NY.

How does the local workforce size affect job prospects?

A local workforce of 400 Billing and Posting Clerks suggests a stable, established presence of this role, indicating consistent demand without intense competition typically found in larger metropolitan areas.

What does a Location Quotient of 1.04 signify?

A Location Quotient of 1.04 means that Billing and Posting Clerks are slightly more concentrated in this region compared to the national average, suggesting a healthy local demand for these skills.

How does the Cost of Living Index impact salary perception?

With a Cost of Living Index of 100, the $47,400 salary in Capital/Northern New York nonmetropolitan area has the same purchasing power as the national average, making the slightly lower nominal salary more comparable in real terms.

What is the typical career path for a Billing and Posting Clerk?

Career paths usually involve starting in entry-level roles and progressing to senior positions through experience, skill development, and potentially taking on more responsibility in billing and accounts receivable processes.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 400 employees in the Capital/Northern New York nonmetropolitan area area with a job density of 2.822 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.