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Average Billing and Posting Clerks Salary in Fargo, ND-MN

Billing and Posting Clerks in Fargo, ND-MN earn an average annual salary of $52,660, surpassing the national average of $49,470. This localized premium is influenced by a unique blend of regional economic factors and the specific demand within the Fargo metropolitan area for these essential financial support roles.

Executive Summary

  • Average Salary: $52,660 per year.
  • Growth Trend: Salaries have shifted 29.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $66,780.
  • Outlook: The Fargo, ND-MN market for Billing and Posting Clerks, while not exceptionally concentrated with a Location Quotient of 0.49, supports a stable workforce of approximately 200 individuals. The presence of 1.33 jobs per 1,000 workers suggests a consistent, albeit not rapidly expanding, demand for these professionals within the region.
2024 Market Data

Salary Overview

$52,660

The average Billing and Posting Clerks in Fargo, ND-MN earns+6.4%above the national average.

BreakdownBased on 40h/week
Hourly

$25.3

Weekly

$1,013

Monthly

$4,388

Billing and Posting Clerks Salary Distribution in Fargo, ND-MN

Career progression for Billing and Posting Clerks in Fargo, ND-MN typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command salaries significantly above the average, reflecting the value of their expertise and tenure.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$40,710$19.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$39,495$19
ManagerOversees team, compliance, and project delivery.50% (Median)$49,510$23.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$65,825$31.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$66,780$32.1

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$52,660

Gross Pay

Real Wage (Purchasing Power)

$52,660

Adjusted for COL (100)

With an average annual salary of $52,660 and a Cost of Living Index of 100, Billing and Posting Clerks in Fargo, ND-MN find their nominal earnings align precisely with the national average cost of living. This means that the purchasing power of their salary in Fargo is equivalent to the national average, offering a stable financial foundation.

Job Market Context

200

Total Jobs

1.33

Per 1K Jobs

0.49

Location Quotient

Low Concentration

At 0.49x, Fargo, ND-MN 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 0.49 indicates that Billing and Posting Clerk roles are less concentrated in Fargo, ND-MN compared to the national average. This suggests that while the job market is stable, it may be less competitive for employers seeking to fill these positions, potentially offering good opportunities for job seekers.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

CitySalaryDist.
Grand Forks, ND-MN Billing and Posting Clerks Salary$52,020↓ 1%74 mi

Comparing salaries near Fargo, ND-MN

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Frequently Asked Questions

How much does a Billing and Posting Clerks make in Fargo, ND-MN?

The median annual salary for a Billing and Posting Clerks in Fargo, ND-MN is $52,660. This typically ranges from $40,710 for entry-level positions to $66,780 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Fargo, ND-MN is 6.4% higher than the national median of $49,470.

Is Fargo, ND-MN a lucrative place for Billing and Posting Clerks?

Yes, it offers a competitive salary.Billing and Posting Clerks in Fargo earn above the national average salary. Coupled with a cost of living at the national average, this makes the region financially attractive for these professionals.

Is Fargo, ND-MN a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Fargo, ND-MN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Fargo, ND-MN?

Some top paying nearby cities include Grand Forks, ND-MN ($52,020) and others.

What is the average salary for a Billing and Posting Clerk in Fargo, ND-MN?

The average annual salary for a Billing and Posting Clerk in Fargo, ND-MN is $52,660.

How does Fargo's cost of living compare to the national average?

Fargo, ND-MN has a Cost of Living Index of 100, which is exactly the national average.

Is the job market for Billing and Posting Clerks strong in Fargo?

The market is stable with a consistent demand, indicated by 1.33 jobs per 1,000 workers, though the concentration (LQ of 0.49) suggests it's not a dominant industry locally.

How does experience affect salary for Billing and Posting Clerks in Fargo?

Experience is a key factor; senior clerks with specialized skills will earn more than entry-level positions, reflecting a clear career progression path.

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 Fargo, ND-MN area with a job density of 1.33 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Billing and Posting Clerks • Data source: BLS OEWS 2024 •Jobs in Fargo, ND-MN