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Average Billing and Posting Clerks Salary in Central Louisiana nonmetropolitan area

Billing and Posting Clerks in the Central Louisiana nonmetropolitan area earn an average annual salary of $40,210. This figure is notably below the national average of $49,470. The localized pay reflects the economic dynamics and specific industry demands characteristic of nonmetropolitan regions, which often feature different compensation structures compared to larger urban centers.

Executive Summary

  • Average Salary: $40,210 per year.
  • Growth Trend: Salaries have shifted 22.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $54,950.
  • Outlook: The job market for Billing and Posting Clerks in Central Louisiana appears stable, with a local workforce of 250 individuals. The Location Quotient of 1.18 suggests a slightly higher concentration of these roles compared to the national average, indicating a steady, albeit not booming, demand within the region's economic landscape.
2024 Market Data

Salary Overview

$40,210

The average Billing and Posting Clerks in Central Louisiana nonmetropolitan area earns-18.7%below the national average.

BreakdownBased on 40h/week
Hourly

$19.3

Weekly

$773

Monthly

$3,351

Billing and Posting Clerks Salary Distribution in Central Louisiana nonmetropolitan area

Career progression for Billing and Posting Clerks typically involves a salary increase with 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 higher than the average. The percentile gaps in salary distribution highlight these opportunities for advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$24,720$11.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$30,158$14.5
ManagerOversees team, compliance, and project delivery.50% (Median)$38,560$18.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$50,263$24.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$54,950$26.4

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$40,210

Gross Pay

Real Wage (Purchasing Power)

$40,210

Adjusted for COL (100)

The average annual salary of $40,210 in Central Louisiana aligns perfectly with the national average cost of living, indicated by an index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is comparable to the national standard, making the compensation relatively stable in terms of real value.

Job Market Context

250

Total Jobs

3.198

Per 1K Jobs

1.18

Location Quotient

Above Average

With a location quotient of 1.18, Central Louisiana nonmetropolitan area has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

With a Location Quotient of 1.18, the Central Louisiana nonmetropolitan area shows a slightly higher concentration of Billing and Posting Clerk positions than the national average. This suggests that the job market is moderately competitive, with a stable presence of these roles relative to the overall employment landscape in the region.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Central Louisiana nonmetropolitan area

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Central Louisiana nonmetropolitan area?

The median annual salary for a Billing and Posting Clerks in Central Louisiana nonmetropolitan area is $40,210. This typically ranges from $24,720 for entry-level positions to $54,950 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Central Louisiana nonmetropolitan area is 18.7% lower than the national median of $49,470.

Is Central Louisiana nonmetropolitan area a lucrative place for Billing and Posting Clerks?

No, it is not considered lucrative compared to national averages.The average salary of $40,210 is significantly lower than the national average of $49,470. However, the cost of living is also at the national average, meaning the lower salary has comparable purchasing power locally.

Is Central Louisiana nonmetropolitan area a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Central Louisiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Central Louisiana nonmetropolitan area?

Some top paying nearby cities include Alexandria, LA ($42,020) and Baton Rouge, LA.

How does the local workforce size affect job prospects?

A local workforce of 250 Billing and Posting Clerks indicates a defined, but not overly saturated, job market. This size suggests consistent opportunities for those entering or established in the field within the region.

What does a Location Quotient of 1.18 mean for Billing and Posting Clerks?

A Location Quotient of 1.18 signifies that Billing and Posting Clerk roles are 18% more concentrated in Central Louisiana than the national average. This implies a slightly higher demand or a greater prevalence of these positions relative to other job types in the area.

How does the cost of living impact the $40,210 salary?

With a Cost of Living Index of 100, the $40,210 salary offers purchasing power equivalent to the national average. This means that despite being below the national salary average, the income's real value is maintained within the local economic context.

Are there significant salary increases with experience for this role in Central Louisiana?

Yes, as with most administrative roles, experience typically leads to higher earning potential. Senior Billing and Posting Clerks can expect to earn more than the stated average, reflecting increased responsibility and expertise.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Central Louisiana nonmetropolitan area area with a job density of 3.198 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.