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Average Billing and Posting Clerks Salary in Durham-Chapel Hill, NC

Billing and Posting Clerks in the Durham-Chapel Hill, NC area earn an average annual salary of $51,840. This figure slightly surpasses the national average of $49,470, indicating a favorable compensation landscape within this specific metropolitan region. Local economic factors and demand within the administrative support sector likely contribute to this elevated pay.

Executive Summary

  • Average Salary: $51,840 per year.
  • Growth Trend: Salaries have shifted 25.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $69,850.
  • Outlook: The local workforce for Billing and Posting Clerks in Durham-Chapel Hill comprises 330 professionals. With a Location Quotient of 0.35, the concentration of these roles is below the national average, suggesting that while the absolute number of jobs is moderate, the demand relative to other occupations might be less pronounced. However, the presence of 0.96 jobs per 1,000 workers indicates a consistent, albeit not exceptionally high, level of employment for this occupation.
2024 Market Data

Salary Overview

$51,840

The average Billing and Posting Clerks in Durham-Chapel Hill, NC earns+4.8%above the national average.

BreakdownBased on 40h/week
Hourly

$24.9

Weekly

$997

Monthly

$4,320

Billing and Posting Clerks Salary Distribution in Durham-Chapel Hill, NC

Salary progression for Billing and Posting Clerks typically scales with experience. Entry-level positions may start closer to the lower percentiles, while senior clerks with extensive experience and specialized skills can command salaries in the upper percentiles. The widening gap between entry-level and senior roles reflects significant career advancement opportunities and the increased value placed on seasoned professionals within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,920$18.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$38,880$18.7
ManagerOversees team, compliance, and project delivery.50% (Median)$48,140$23.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$64,800$31.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$69,850$33.6

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$51,840

Gross Pay

Real Wage (Purchasing Power)

$51,840

Adjusted for COL (100)

The average annual salary of $51,840 in Durham-Chapel Hill aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Billing and Posting Clerk's salary in this area is equivalent to the national average, offering a stable financial standing without the premium often associated with higher cost-of-living regions.

Job Market Context

330

Total Jobs

0.96

Per 1K Jobs

0.35

Location Quotient

Low Concentration

At 0.35x, Durham-Chapel Hill, NC has a notably lower concentration of Billing and Posting Clerks jobs than the national average. Opportunities in this area are relatively scarce for this profession.

The Location Quotient of 0.35 for Billing and Posting Clerks in Durham-Chapel Hill suggests that this occupation is less concentrated here compared to the national average. This indicates a less competitive market in terms of the sheer number of professionals relative to other job types, potentially offering a more accessible entry point for new professionals or those looking to relocate.

Nearby Job Markets

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Durham-Chapel Hill, NC?

The median annual salary for a Billing and Posting Clerks in Durham-Chapel Hill, NC is $51,840. This typically ranges from $38,920 for entry-level positions to $69,850 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Durham-Chapel Hill, NC is 4.8% higher than the national median of $49,470.

Is Durham-Chapel Hill, NC a lucrative place for Billing and Posting Clerks?

Yes, it is a moderately lucrative place for Billing and Posting Clerks.The average salary of $51,840 is above the national average, and the cost of living is exactly at the national average, offering good purchasing power.

Is Durham-Chapel Hill, NC a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Durham-Chapel Hill, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Durham-Chapel Hill, NC?

Some top paying nearby cities include Raleigh-Cary, NC ($46,940) and Burlington, NC.

How does the salary compare to the national average?

The average annual salary for Billing and Posting Clerks in Durham-Chapel Hill, NC is $51,840, which is higher than the national average of $49,470.

What is the concentration of Billing and Posting Clerks in Durham-Chapel Hill?

The concentration, measured by the Location Quotient, is 0.35, which is below the national average, indicating fewer of these roles relative to other occupations in the area.

How does the cost of living affect the salary?

The Cost of Living Index is 100, meaning it is the same as the national average. Therefore, the $51,840 salary has average purchasing power in Durham-Chapel Hill.

What is the total number of Billing and Posting Clerks in the area?

There are approximately 330 Billing and Posting Clerks employed in the Durham-Chapel Hill, NC region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the Durham-Chapel Hill, NC area with a job density of 0.96 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.