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Average Billing and Posting Clerks Salary in Colorado Springs, CO

Billing and Posting Clerks in Colorado Springs, CO, earn an average annual salary of $49,720. This figure is slightly above the national average of $49,470, indicating a stable demand for these essential administrative roles within the local economy. Factors such as the specific industry mix and the overall economic health of the region contribute to this compensation.

Executive Summary

  • Average Salary: $49,720 per year.
  • Growth Trend: Salaries have shifted 33.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $64,360.
  • Outlook: With a local workforce of approximately 800 Billing and Posting Clerks and a Location Quotient of 0.93, Colorado Springs presents a market with demand closely mirroring the national average. The presence of 2.524 jobs per 1,000 workers suggests a consistent, albeit not exceptionally concentrated, need for these professionals, indicating a moderately robust job market.
2024 Market Data

Salary Overview

$49,720

The average Billing and Posting Clerks in Colorado Springs, CO earns+0.5%above the national average.

BreakdownBased on 40h/week
Hourly

$23.9

Weekly

$956

Monthly

$4,143

Billing and Posting Clerks Salary Distribution in Colorado Springs, CO

Salary progression for Billing and Posting Clerks typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command significantly higher salaries, often reaching the 75th percentile or above. These percentile gaps clearly signify the career progression and increased earning potential available.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$40,090$19.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$37,290$17.9
ManagerOversees team, compliance, and project delivery.50% (Median)$47,630$22.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$62,150$29.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$64,360$30.9

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$49,720

Gross Pay

Real Wage (Purchasing Power)

$49,720

Adjusted for COL (100)

The average annual salary of $49,720 in Colorado Springs 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 Colorado Springs is equivalent to the national average, offering a stable financial environment for residents.

Job Market Context

800

Total Jobs

2.524

Per 1K Jobs

0.93

Location Quotient

Below Average

Colorado Springs, CO has 0.93x 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 0.93 for Billing and Posting Clerks in Colorado Springs indicates that the concentration of these jobs is slightly below the national average. This suggests that while the profession is present and necessary, the market is not oversaturated, offering a balanced competitive landscape for job seekers and employers alike.

Nearby Job Markets

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Colorado Springs, CO?

The median annual salary for a Billing and Posting Clerks in Colorado Springs, CO is $49,720. This typically ranges from $40,090 for entry-level positions to $64,360 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Colorado Springs, CO is 0.5% higher than the national median of $49,470.

Is Colorado Springs, CO a lucrative place for Billing and Posting Clerks?

Yes, it offers competitive compensation relative to the cost of living.The average salary of $49,720 is on par with the national average, and the cost of living index of 100 means your earnings will have average purchasing power.

Is Colorado Springs, CO a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Colorado Springs, CO is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Colorado Springs, CO?

Some top paying nearby cities include Northwest Colorado nonmetropolitan area ($50,590) and Southwest Colorado nonmetropolitan area.

How does the Colorado Springs job market compare nationally for Billing and Posting Clerks?

The job market in Colorado Springs is very similar to the national average, with a Location Quotient of 0.93 indicating a comparable concentration of these roles.

What is the impact of experience on a Billing and Posting Clerk's salary in Colorado Springs?

Experience significantly impacts earning potential, with senior roles commanding higher salaries than entry-level positions, reflecting increased responsibility and skill.

Is the cost of living high in Colorado Springs for Billing and Posting Clerks?

No, the cost of living in Colorado Springs is exactly at the national average (100), meaning the $49,720 salary offers average purchasing power.

How many Billing and Posting Clerks are there in Colorado Springs?

There are approximately 800 Billing and Posting Clerks employed in the Colorado Springs area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 800 employees in the Colorado Springs, CO area with a job density of 2.524 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.