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Average Billing and Posting Clerks Salary in Davenport-Moline-Rock Island, IA-IL

Billing and Posting Clerks in the Davenport-Moline-Rock Island, IA-IL area earn an average annual salary of $46,800. This figure is slightly below the national average of $49,470, reflecting localized economic conditions and demand within the region. The specific pay rates are influenced by the unique economic landscape and industry concentration in this bi-state metropolitan area.

Executive Summary

  • Average Salary: $46,800 per year.
  • Growth Trend: Salaries have shifted 22.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $58,050.
  • Outlook: The job market for Billing and Posting Clerks in Davenport-Moline-Rock Island, IA-IL appears stable, with a total local workforce of 540 individuals in this role. The Location Quotient of 1.11 indicates a slightly higher concentration of these jobs compared to the national average, suggesting a steady, if not growing, demand for these essential administrative positions within the local economy.
2024 Market Data

Salary Overview

$46,800

The average Billing and Posting Clerks in Davenport-Moline-Rock Island, IA-IL earns-5.4%below the national average.

BreakdownBased on 40h/week
Hourly

$22.5

Weekly

$900

Monthly

$3,900

Billing and Posting Clerks Salary Distribution in Davenport-Moline-Rock Island, IA-IL

Career progression for Billing and Posting Clerks typically involves a salary increase with 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 this occupation.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,430$17.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$35,100$16.9
ManagerOversees team, compliance, and project delivery.50% (Median)$45,220$21.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$58,500$28.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$58,050$27.9

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$46,800

Gross Pay

Real Wage (Purchasing Power)

$46,800

Adjusted for COL (100)

The average annual salary of $46,800 for Billing and Posting Clerks in Davenport-Moline-Rock Island, IA-IL aligns perfectly with the local Cost of Living Index of 100. This means that the nominal salary holds its purchasing power directly against the national average, indicating that the cost of goods and services in the area is neither significantly higher nor lower than the national benchmark.

Job Market Context

540

Total Jobs

3.016

Per 1K Jobs

1.11

Location Quotient

Above Average

With a location quotient of 1.11, Davenport-Moline-Rock Island, IA-IL has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

With a Location Quotient of 1.11, the Davenport-Moline-Rock Island, IA-IL metropolitan area shows a slightly higher concentration of Billing and Posting Clerks than the national average. This suggests that the job market here is moderately competitive, with a demand that slightly outpaces the national ratio, potentially offering more opportunities for skilled professionals in this field.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Davenport-Moline-Rock Island, IA-IL

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Davenport-Moline-Rock Island, IA-IL?

The median annual salary for a Billing and Posting Clerks in Davenport-Moline-Rock Island, IA-IL is $46,800. This typically ranges from $36,430 for entry-level positions to $58,050 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Davenport-Moline-Rock Island, IA-IL is 5.4% lower than the national median of $49,470.

Is Davenport-Moline-Rock Island, IA-IL a lucrative place for Billing and Posting Clerks?

Yes, it offers competitive compensation relative to its cost of living.While the average salary is slightly below the national average, the cost of living is also at the national average, making the purchasing power of the salary equivalent. The slightly higher concentration of jobs (LQ 1.11) also suggests a stable demand.

Is Davenport-Moline-Rock Island, IA-IL a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Davenport-Moline-Rock Island, IA-IL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Davenport-Moline-Rock Island, IA-IL?

Some top paying nearby cities include Iowa City, IA ($52,530) and Cedar Rapids, IA.

How does the Davenport-Moline-Rock Island, IA-IL salary compare to the national average?

The average annual salary of $46,800 in Davenport-Moline-Rock Island, IA-IL is slightly lower than the national average of $49,470.

What is the Cost of Living in Davenport-Moline-Rock Island, IA-IL?

The Cost of Living Index for Davenport-Moline-Rock Island, IA-IL is 100, which is exactly the national average.

How many Billing and Posting Clerks are there in Davenport-Moline-Rock Island, IA-IL?

There are approximately 540 Billing and Posting Clerks employed in the Davenport-Moline-Rock Island, IA-IL area.

Is the job market for Billing and Posting Clerks concentrated in this area?

Yes, the Location Quotient of 1.11 indicates a slightly higher concentration of Billing and Posting Clerk jobs in Davenport-Moline-Rock Island, IA-IL compared 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 540 employees in the Davenport-Moline-Rock Island, IA-IL area with a job density of 3.016 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.