Average Billing and Posting Clerks Salary in Champaign-Urbana, IL
Billing and Posting Clerks in Champaign-Urbana, IL earn an average annual salary of $48,540. This figure is slightly below the national average of $49,470, indicating a localized compensation structure influenced by regional economic factors and employer demand within the Champaign-Urbana metropolitan area.
Executive Summary
- Average Salary: $48,540 per year.
- Growth Trend: Salaries have shifted 16.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $63,710.
- Outlook: The Champaign-Urbana job market for Billing and Posting Clerks shows a stable presence, with a total local workforce of 280 individuals. The Location Quotient of 0.99 suggests that this occupation is present in the area at a rate very close to the national average, indicating neither a significant surplus nor a shortage of these professionals.
Salary Overview
The average Billing and Posting Clerks in Champaign-Urbana, IL earns-1.9%below the national average.
$23.3
$933
$4,045
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is generally observed that salaries for Billing and Posting Clerks, like many administrative roles, have experienced steady growth over the past four years, driven by inflation, increased demand for financial record-keeping accuracy, and evolving industry standards.
Billing and Posting Clerks Salary Distribution in Champaign-Urbana, IL
Career progression for Billing and Posting Clerks typically involves a salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior clerks with extensive experience and specialized skills can command salaries in the higher percentiles, reflecting a clear path 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) | $36,870 | $17.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $36,405 | $17.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $45,830 | $22 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $60,675 | $29.2 |
| 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
$48,540
Gross Pay
Real Wage (Purchasing Power)
$48,540
Adjusted for COL (100)
The average annual salary of $48,540 in Champaign-Urbana aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that the cost of essential goods and services is neither a significant advantage nor a disadvantage for residents.
Job Market Context
280
Total Jobs
2.677
Per 1K Jobs
0.99
Location Quotient
Champaign-Urbana, IL has 0.99x 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.
With a Location Quotient of 0.99, the Champaign-Urbana market for Billing and Posting Clerks is nearly on par with the national concentration. This indicates a balanced job market where demand and supply are relatively stable, suggesting moderate competition for open positions and consistent opportunities for qualified candidates.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| Decatur, IL Billing and Posting Clerks Salary | $46,220↓ 5% | 39 mi |
| West Central Illinois nonmetropolitan area Billing and Posting Clerks Salary | $43,970↓ 9% | 41 mi |
| East Central Illinois nonmetropolitan area Billing and Posting Clerks Salary | $46,120↓ 5% | 41 mi |
| Northwest Illinois nonmetropolitan area Billing and Posting Clerks Salary | $45,830↓ 6% | 41 mi |
| South Illinois nonmetropolitan area Billing and Posting Clerks Salary | $43,180↓ 11% | 41 mi |
Comparing salaries near Champaign-Urbana, IL
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Frequently Asked Questions
How much does a Billing and Posting Clerks make in Champaign-Urbana, IL?
The median annual salary for a Billing and Posting Clerks in Champaign-Urbana, IL is $48,540. This typically ranges from $36,870 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 Champaign-Urbana, IL is 1.9% lower than the national median of $49,470.
Is Champaign-Urbana, IL a lucrative place for Billing and Posting Clerks?
No, it is not exceptionally lucrative compared to the national average.The average salary of $48,540 is slightly below the national average, and the cost of living is exactly at the national average, offering standard purchasing power.
Is Champaign-Urbana, IL a good place to live for Billing and Posting Clerks?
The Cost of Living Index in Champaign-Urbana, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Champaign-Urbana, IL?
Some top paying nearby cities include Decatur, IL ($46,220) and West Central Illinois nonmetropolitan area.
How does the number of Billing and Posting Clerks in Champaign-Urbana compare to the national average?
Champaign-Urbana has 2.677 Billing and Posting Clerks per 1,000 workers, which is very close to the national average, as indicated by the Location Quotient of 0.99.
What is the total number of Billing and Posting Clerks in Champaign-Urbana?
There are approximately 280 Billing and Posting Clerks employed within the Champaign-Urbana, IL area.
Does experience significantly impact salary for Billing and Posting Clerks in this area?
Yes, as with most professions, experience typically leads to higher salaries, with senior roles commanding more than entry-level positions.
How does the cost of living affect the value of a Billing and Posting Clerk's salary in Champaign-Urbana?
Since the cost of living is at the national average (100), the average salary of $48,540 provides purchasing power equivalent to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Champaign-Urbana, IL area with a job density of 2.677 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 Champaign-Urbana, IL