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Average Billing and Posting Clerks Salary in Evansville, IN

Billing and Posting Clerks in Evansville, Indiana, earn an average annual salary of $42,860. This figure is notably below the national average of $49,470, reflecting localized economic factors and demand within the region. While the nominal salary may seem lower, understanding the local cost of living is crucial for a complete financial picture.

Executive Summary

  • Average Salary: $42,860 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $53,040.
  • Outlook: With a local workforce of approximately 500 Billing and Posting Clerks, Evansville presents a concentrated job market. The Location Quotient of 1.36 indicates a higher concentration of these roles compared to the national average, suggesting a stable demand for skilled professionals in this sector within the city.
2024 Market Data

Salary Overview

$42,860

The average Billing and Posting Clerks in Evansville, IN earns-13.4%below the national average.

BreakdownBased on 40h/week
Hourly

$20.6

Weekly

$824

Monthly

$3,572

Billing and Posting Clerks Salary Distribution in Evansville, IN

The career path for Billing and Posting Clerks typically involves salary progression based on experience and skill. Entry-level positions may start at the lower end of the pay scale, while senior clerks with extensive experience and specialized knowledge can command significantly higher salaries, often reflected in the upper percentiles of the salary distribution.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,260$17.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$32,145$15.5
ManagerOversees team, compliance, and project delivery.50% (Median)$40,810$19.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$53,575$25.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$53,040$25.5

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$42,860

Gross Pay

Real Wage (Purchasing Power)

$42,860

Adjusted for COL (100)

The average annual salary of $42,860 in Evansville 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 Evansville is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.

Job Market Context

500

Total Jobs

3.679

Per 1K Jobs

1.36

Location Quotient

Above Average

With a location quotient of 1.36, Evansville, IN has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

A Location Quotient of 1.36 signifies that Billing and Posting Clerks are more concentrated in Evansville than the national average. This suggests a robust local industry that relies on these professionals, potentially leading to more job opportunities and a competitive environment for employers seeking talent.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Evansville, IN

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Evansville, IN?

The median annual salary for a Billing and Posting Clerks in Evansville, IN is $42,860. This typically ranges from $36,260 for entry-level positions to $53,040 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Evansville, IN is 13.4% lower than the national median of $49,470.

Is Evansville, IN a lucrative place for Billing and Posting Clerks?

No, but it offers average purchasing power.The average salary of $42,860 is below the national average. However, with a Cost of Living Index of 100, the salary's purchasing power is equivalent to the national average.

Is Evansville, IN a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Evansville, IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Evansville, IN?

Some top paying nearby cities include Owensboro, KY ($43,870) and Paducah, KY-IL.

How does the number of Billing and Posting Clerks in Evansville compare nationally?

Evansville has approximately 3.68 Billing and Posting Clerk jobs per 1,000 workers, which is higher than the national average, indicated by a Location Quotient of 1.36.

What is the significance of the Location Quotient for this role in Evansville?

A Location Quotient of 1.36 means that Billing and Posting Clerks are 36% more concentrated in Evansville than in the average U.S. location, suggesting a strong local presence of this profession.

Does experience significantly impact salary for Billing and Posting Clerks in Evansville?

Yes, as with most roles, experience is a key factor. Senior Billing and Posting Clerks typically earn more than entry-level staff, with salary differences reflecting the progression through various experience levels.

How does the cost of living in Evansville affect the salary of a Billing and Posting Clerk?

The Cost of Living Index in Evansville is 100, which is the national average. This means the $42,860 salary provides purchasing power equivalent to the national average, making it neither exceptionally high nor low in real terms.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 500 employees in the Evansville, IN area with a job density of 3.679 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.