Average Billing and Posting Clerks Salary in Cedar Rapids, IA
Billing and Posting Clerks in Cedar Rapids, IA, earn an average annual salary of $47,530. This figure is slightly below the national average of $49,470, reflecting regional economic factors and the specific demand within the local market. While the nominal salary may seem lower, understanding the local cost of living is crucial for a complete picture.
Executive Summary
- Average Salary: $47,530 per year.
- Growth Trend: Salaries have shifted 10.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $63,710.
- Outlook: With a total local workforce of 330 Billing and Posting Clerks, Cedar Rapids presents a stable, albeit not exceptionally concentrated, job market for this role. The Location Quotient of 0.88 indicates a presence that is slightly below the national average concentration, suggesting a moderate but consistent demand for these essential administrative positions within the city's economic landscape.
Salary Overview
The average Billing and Posting Clerks in Cedar Rapids, IA earns-3.9%below the national average.
$22.9
$914
$3,961
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data for Cedar Rapids is not provided, it is reasonable to assume that salaries for Billing and Posting Clerks have seen incremental growth over the past four years, mirroring general economic trends and inflation. This suggests a slowly appreciating earning potential for professionals in this field within the region.
Billing and Posting Clerks Salary Distribution in Cedar Rapids, IA
Career progression for Billing and Posting Clerks typically involves moving from entry-level positions to more senior or specialized roles. As experience increases, so does earning potential, with significant percentile gaps often observed between junior and senior staff, reflecting acquired skills, responsibilities, and a deeper understanding of financial processes.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,780 | $18.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $35,648 | $17.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,350 | $21.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $59,413 | $28.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $63,710 | $30.6 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$47,530
Gross Pay
Real Wage (Purchasing Power)
$47,530
Adjusted for COL (100)
The average annual salary of $47,530 in Cedar Rapids 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 Cedar Rapids is equivalent to the national average, making the nominal salary's value stable in terms of local affordability.
Job Market Context
330
Total Jobs
2.381
Per 1K Jobs
0.88
Location Quotient
Cedar Rapids, IA has 0.88x 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 0.88 for Billing and Posting Clerks in Cedar Rapids suggests that the profession is slightly less concentrated here compared to the national average. This indicates a balanced market where demand exists but is not overwhelmingly high, offering a steady environment for job seekers without intense competition.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| Iowa City, IA Billing and Posting Clerks Salary | $52,530↑ 11% | 23 mi |
| Waterloo-Cedar Falls, IA Billing and Posting Clerks Salary | $44,700↓ 6% | 50 mi |
| Dubuque, IA Billing and Posting Clerks Salary | $46,780↓ 2% | 62 mi |
| Davenport-Moline-Rock Island, IA-IL Billing and Posting Clerks Salary | $46,800↓ 2% | 62 mi |
| Southeast Iowa nonmetropolitan area Billing and Posting Clerks Salary | $44,360↓ 7% | 79 mi |
Comparing salaries near Cedar Rapids, IA
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Frequently Asked Questions
How much does a Billing and Posting Clerks make in Cedar Rapids, IA?
The median annual salary for a Billing and Posting Clerks in Cedar Rapids, IA is $47,530. This typically ranges from $38,780 for entry-level positions to $63,710 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Cedar Rapids, IA is 3.9% lower than the national median of $49,470.
Is Cedar Rapids, IA a lucrative place for Billing and Posting Clerks?
No, not exceptionally lucrative compared to the national average.While the cost of living is average, the nominal salary of $47,530 is slightly below the national average of $49,470. The market is stable but not characterized by high demand or pay premiums.
Is Cedar Rapids, IA a good place to live for Billing and Posting Clerks?
The Cost of Living Index in Cedar Rapids, IA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Cedar Rapids, IA?
Some top paying nearby cities include Iowa City, IA ($52,530) and Waterloo-Cedar Falls, IA.
How does Cedar Rapids' cost of living compare nationally?
Cedar Rapids, IA, has a Cost of Living Index of 100, which is exactly the national average. This means the general cost of goods and services is comparable to the rest of the United States.
What is the job concentration for Billing and Posting Clerks in Cedar Rapids?
The job concentration, measured by the Location Quotient, is 0.88. This indicates that Billing and Posting Clerks are slightly less prevalent in Cedar Rapids compared to the national average.
How many Billing and Posting Clerk jobs are there per 1,000 workers in Cedar Rapids?
There are approximately 2.381 Billing and Posting Clerk jobs per 1,000 workers in Cedar Rapids, IA.
Does experience significantly impact salary for Billing and Posting Clerks in Cedar Rapids?
Yes, experience is a key factor in salary progression. As Billing and Posting Clerks gain more experience, they typically move into roles with greater responsibility, leading to higher earning potential and wider percentile gaps.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the Cedar Rapids, IA area with a job density of 2.381 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 Cedar Rapids, IA