SalaryNode

Average Billing and Posting Clerks Salary in Cleveland, OH

Billing and Posting Clerks in Cleveland, OH, earn an average annual salary of $47,160. This figure is slightly below the national average of $49,470, suggesting a localized compensation structure influenced by regional economic factors and the specific demand within the Cleveland metropolitan area. While the nominal salary may be lower, the cost of living in Cleveland is on par with the national average, providing a balanced perspective on purchasing power.

Executive Summary

  • Average Salary: $47,160 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $58,310.
  • Outlook: With a local workforce of 3,620 Billing and Posting Clerks, Cleveland exhibits a notable concentration of these professionals, indicated by a Location Quotient of 1.29. This suggests that the role is more prevalent in Cleveland than the national average, implying a steady demand and a robust job market for individuals in this occupation within the region.
2024 Market Data

Salary Overview

$47,160

The average Billing and Posting Clerks in Cleveland, OH earns-4.7%below the national average.

BreakdownBased on 40h/week
Hourly

$22.7

Weekly

$907

Monthly

$3,930

Billing and Posting Clerks Salary Distribution in Cleveland, OH

Career progression for Billing and Posting Clerks typically involves salary increases tied to experience. Entry-level positions may start at a lower percentile, while senior clerks with extensive experience and specialized skills can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies a clear path for career advancement and increased earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,860$17.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$35,370$17
ManagerOversees team, compliance, and project delivery.50% (Median)$47,010$22.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$58,950$28.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$58,310$28

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$47,160

Gross Pay

Real Wage (Purchasing Power)

$47,160

Adjusted for COL (100)

The average annual salary of $47,160 for Billing and Posting Clerks in Cleveland aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Billing and Posting Clerk's salary in Cleveland is equivalent to that of their counterparts nationwide, offering no significant advantage or disadvantage in terms of affordability.

Job Market Context

3,620

Total Jobs

3.489

Per 1K Jobs

1.29

Location Quotient

Above Average

With a location quotient of 1.29, Cleveland, OH has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

Cleveland's Location Quotient of 1.29 for Billing and Posting Clerks indicates a higher concentration of these jobs compared to the national average. This suggests a competitive yet abundant job market, where employers may have a solid pool of talent to draw from, potentially influencing hiring dynamics and compensation negotiations.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Cleveland, OH

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Cleveland, OH?

The median annual salary for a Billing and Posting Clerks in Cleveland, OH is $47,160. This typically ranges from $36,860 for entry-level positions to $58,310 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Cleveland, OH is 4.7% lower than the national median of $49,470.

Is Cleveland, OH a lucrative place for Billing and Posting Clerks?

It is a stable place with average earning potential.While the average salary of $47,160 is slightly below the national average, the cost of living is also at the national average, making it a balanced market. The higher concentration of these roles suggests consistent opportunities.

Is Cleveland, OH a good place to live for Billing and Posting Clerks?

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

Where are the highest paying cities near Cleveland, OH?

Some top paying nearby cities include Akron, OH ($45,320) and Canton-Massillon, OH.

How does Cleveland's cost of living compare to the national average for Billing and Posting Clerks?

Cleveland's cost of living index is 100, which is exactly the national average. This means that the $47,160 salary offers the same purchasing power as the national average salary.

Is the job market for Billing and Posting Clerks strong in Cleveland?

Yes, the market appears strong with a Location Quotient of 1.29, indicating a higher concentration of these roles than the national average and suggesting consistent demand.

What is the average salary for a Billing and Posting Clerk in Cleveland, OH?

The average annual salary for a Billing and Posting Clerk in Cleveland, OH is $47,160.

How many Billing and Posting Clerks work in Cleveland, OH?

There are approximately 3,620 Billing and Posting Clerks employed in the Cleveland, OH area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,620 employees in the Cleveland, OH area with a job density of 3.489 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.