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Average Billing and Posting Clerks Salary in Cincinnati, OH-KY-IN

Billing and Posting Clerks in the Cincinnati, OH-KY-IN area earn an average annual salary of $46,160. This figure is slightly below the national average of $49,470, suggesting localized market dynamics and potentially a different demand-supply equilibrium influence pay rates in this region. The specific economic conditions and industry concentration within Cincinnati contribute to this salary variance.

Executive Summary

  • Average Salary: $46,160 per year.
  • Growth Trend: Salaries have shifted 10.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $59,220.
  • Outlook: With a local workforce of 3,970 Billing and Posting Clerks, Cincinnati demonstrates a notable concentration of these roles, indicated by a Location Quotient of 1.34. This suggests that the job market for these professionals is more robust than the national average, implying a steady demand and a potentially stable job outlook for those in this field within the region.
2024 Market Data

Salary Overview

$46,160

The average Billing and Posting Clerks in Cincinnati, OH-KY-IN earns-6.7%below the national average.

BreakdownBased on 40h/week
Hourly

$22.2

Weekly

$888

Monthly

$3,847

Billing and Posting Clerks Salary Distribution in Cincinnati, OH-KY-IN

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. The widening gap between entry-level and senior roles signifies clear opportunities for career advancement and increased earning potential within this occupation.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,160$17.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$34,620$16.6
ManagerOversees team, compliance, and project delivery.50% (Median)$45,220$21.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$57,700$27.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$59,220$28.5

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$46,160

Gross Pay

Real Wage (Purchasing Power)

$46,160

Adjusted for COL (100)

The average annual salary of $46,160 for Billing and Posting Clerks in Cincinnati aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, indicating that the nominal income provides a standard of living comparable to the rest of the country.

Job Market Context

3,970

Total Jobs

3.639

Per 1K Jobs

1.34

Location Quotient

Above Average

With a location quotient of 1.34, Cincinnati, OH-KY-IN has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

A Location Quotient of 1.34 signifies that Billing and Posting Clerks are more concentrated in the Cincinnati, OH-KY-IN area than in the nation overall. This suggests a higher relative demand for these roles within the local economy, making the job market potentially more competitive for employers seeking talent, and offering more opportunities for job seekers.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Cincinnati, OH-KY-IN

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Cincinnati, OH-KY-IN?

The median annual salary for a Billing and Posting Clerks in Cincinnati, OH-KY-IN is $46,160. This typically ranges from $36,160 for entry-level positions to $59,220 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Cincinnati, OH-KY-IN is 6.7% lower than the national median of $49,470.

Is Cincinnati, OH-KY-IN a lucrative place for Billing and Posting Clerks?

No, not significantly more lucrative than the national average.While the local concentration of jobs is higher, the average salary of $46,160 is below the national average, and the cost of living is on par with the national average.

Is Cincinnati, OH-KY-IN a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Cincinnati, OH-KY-IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Cincinnati, OH-KY-IN?

Some top paying nearby cities include Dayton-Kettering-Beavercreek, OH ($46,610) and Springfield, OH.

How does the Cincinnati job market compare to the national average for Billing and Posting Clerks?

The Cincinnati market shows a higher concentration of Billing and Posting Clerks, with a Location Quotient of 1.34, indicating more jobs per worker than the national average.

What is the cost of living impact on a Billing and Posting Clerk's salary in Cincinnati?

With a Cost of Living Index of 100, the $46,160 salary in Cincinnati offers purchasing power equivalent to the national average, meaning it's neither significantly cheaper nor more expensive to live there.

How many Billing and Posting Clerks are there in Cincinnati?

There are approximately 3,970 Billing and Posting Clerks employed in the Cincinnati, OH-KY-IN area.

Does experience significantly impact salary for Billing and Posting Clerks in Cincinnati?

Yes, as with most roles, experience is a key factor. Senior Billing and Posting Clerks typically earn substantially more than entry-level positions, 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 3,970 employees in the Cincinnati, OH-KY-IN area with a job density of 3.639 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.