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Average Billing and Posting Clerks Salary in East Kentucky nonmetropolitan area

Billing and Posting Clerks in the East Kentucky nonmetropolitan area earn an average annual salary of $35,980. This figure is notably below the national average of $49,470. Regional economic factors and the specific demand within this nonmetropolitan area likely contribute to this pay differential.

Executive Summary

  • Average Salary: $35,980 per year.
  • Growth Trend: Salaries have shifted 17.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $47,160.
  • Outlook: With a local workforce of 200 Billing and Posting Clerks and a Location Quotient of 0.82, the job market in East Kentucky indicates a slightly lower concentration of these roles compared to the national average. While not indicating a shortage, the steady presence suggests a consistent, albeit not rapidly expanding, demand for these essential administrative functions within the region.
2024 Market Data

Salary Overview

$35,980

The average Billing and Posting Clerks in East Kentucky nonmetropolitan area earns-27.3%below the national average.

BreakdownBased on 40h/week
Hourly

$17.3

Weekly

$692

Monthly

$2,998

Billing and Posting Clerks Salary Distribution in East Kentucky nonmetropolitan area

Career progression for Billing and Posting Clerks typically involves a salary increase 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 higher salaries. The percentile gaps in salary distribution signify clear opportunities for advancement and increased earning potential within the profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$25,150$12.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$26,985$13
ManagerOversees team, compliance, and project delivery.50% (Median)$33,980$16.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$44,975$21.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$47,160$22.7

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$35,980

Gross Pay

Real Wage (Purchasing Power)

$35,980

Adjusted for COL (100)

The nominal average salary of $35,980 in East Kentucky aligns precisely with the national average Cost of Living Index of 100. This means that while the take-home pay is lower than the national average, the purchasing power of this salary locally is equivalent to the national average, suggesting that the lower salary is offset by the local cost of goods and services.

Job Market Context

200

Total Jobs

2.216

Per 1K Jobs

0.82

Location Quotient

Below Average

East Kentucky nonmetropolitan area has 0.82x 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 0.82 suggests that Billing and Posting Clerk roles are slightly less concentrated in the East Kentucky nonmetropolitan area than the national average. This indicates a market that is neither oversaturated nor experiencing a significant deficit of these professionals, implying a stable employment landscape for qualified individuals.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near East Kentucky nonmetropolitan area

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

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

The median annual salary for a Billing and Posting Clerks in East Kentucky nonmetropolitan area is $35,980. This typically ranges from $25,150 for entry-level positions to $47,160 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in East Kentucky nonmetropolitan area is 27.3% lower than the national median of $49,470.

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

No, it is not a lucrative place.The average salary of $35,980 is significantly below the national average, although the cost of living is also at the national average, mitigating some of the impact.

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

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

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

Some top paying nearby cities include Lexington-Fayette, KY ($43,840) and Elizabethtown, KY.

How does the local workforce size impact job prospects?

A local workforce of 200 Billing and Posting Clerks suggests a moderate-sized pool of professionals, indicating a stable but potentially competitive job market for new entrants.

What does a Location Quotient of 0.82 mean for job seekers?

A Location Quotient below 1.0, like 0.82, implies that Billing and Posting Clerk positions are less common in East Kentucky compared to the national average, suggesting fewer opportunities relative to other professions.

How does the cost of living affect the perceived salary?

With a Cost of Living Index of 100, the $35,980 salary has the same purchasing power as the national average salary, meaning the lower nominal wage is balanced by lower local expenses.

What is the typical salary range for Billing and Posting Clerks in this area?

While the average is $35,980, actual salaries can vary significantly based on experience, employer, and specific responsibilities, with entry-level roles earning less and senior positions earning more.

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 Kentucky nonmetropolitan area area with a job density of 2.216 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.