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Average Billing and Posting Clerks Salary in East Arkansas nonmetropolitan area

Billing and Posting Clerks in the East Arkansas nonmetropolitan area earn an average annual salary of $39,370. This figure is notably below the national average of $49,470, reflecting regional economic factors and the specific demand dynamics within this nonmetropolitan setting. The compensation structure in this area is influenced by local industry needs and the overall economic landscape.

Executive Summary

  • Average Salary: $39,370 per year.
  • Growth Trend: Salaries have shifted 19.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $54,420.
  • Outlook: The local job market for Billing and Posting Clerks in East Arkansas comprises a workforce of approximately 200 individuals. With a Location Quotient of 1.06, the concentration of these roles is slightly above the national average, suggesting a stable, albeit not rapidly expanding, demand for these professionals within the region. The presence of 2.873 jobs per 1,000 workers indicates a consistent need for these administrative functions.
2024 Market Data

Salary Overview

$39,370

The average Billing and Posting Clerks in East Arkansas nonmetropolitan area earns-20.4%below the national average.

BreakdownBased on 40h/week
Hourly

$18.9

Weekly

$757

Monthly

$3,281

Billing and Posting Clerks Salary Distribution in East Arkansas nonmetropolitan area

Career progression for Billing and Posting Clerks typically involves a salary increase tied to experience. Entry-level positions will likely fall at the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command higher salaries. The percentile gaps in earnings signify the opportunities for advancement and increased earning potential as professionals develop their expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$29,540$14.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$29,528$14.2
ManagerOversees team, compliance, and project delivery.50% (Median)$36,320$17.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$49,213$23.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$54,420$26.2

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$39,370

Gross Pay

Real Wage (Purchasing Power)

$39,370

Adjusted for COL (100)

The average annual salary of $39,370 in East Arkansas's nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a Billing and Posting Clerk's salary in this region is equivalent to that of someone earning the national average salary in a location with average living costs.

Job Market Context

200

Total Jobs

2.873

Per 1K Jobs

1.06

Location Quotient

Above Average

With a location quotient of 1.06, East Arkansas nonmetropolitan area has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

With a Location Quotient of 1.06, the East Arkansas nonmetropolitan area shows a slightly higher concentration of Billing and Posting Clerk roles compared to the national average. This suggests that the job market is neither oversaturated nor exceptionally scarce, indicating a balanced level of competition and availability for qualified candidates in this specific sector.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near East Arkansas nonmetropolitan area

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in East Arkansas nonmetropolitan area?

The median annual salary for a Billing and Posting Clerks in East Arkansas nonmetropolitan area is $39,370. This typically ranges from $29,540 for entry-level positions to $54,420 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in East Arkansas nonmetropolitan area is 20.4% lower than the national median of $49,470.

Is East Arkansas nonmetropolitan area a lucrative place for Billing and Posting Clerks?

No, it is not considered a particularly lucrative area.The average salary of $39,370 is significantly lower than the national average, despite a cost of living that is on par with the national average.

Is East Arkansas nonmetropolitan area a good place to live for Billing and Posting Clerks?

The Cost of Living Index in East Arkansas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near East Arkansas nonmetropolitan area?

Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($42,010) and Hot Springs, AR.

How does the East Arkansas salary compare to the national average?

The average salary for Billing and Posting Clerks in East Arkansas is $39,370, which is approximately $10,000 less than the national average of $49,470.

What is the significance of the Location Quotient in East Arkansas?

A Location Quotient of 1.06 indicates that Billing and Posting Clerk roles are slightly more concentrated in East Arkansas compared to the national average, suggesting a stable local demand.

Does the Cost of Living in East Arkansas affect the salary's value?

No, the Cost of Living Index is 100, meaning it matches the national average. Therefore, the $39,370 salary has the same purchasing power as the national average salary in a location with average living costs.

What is the total workforce size for Billing and Posting Clerks in this region?

The total local workforce for Billing and Posting Clerks in the East Arkansas nonmetropolitan area is approximately 200 individuals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the East Arkansas nonmetropolitan area area with a job density of 2.873 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.