Average Billing and Posting Clerks Salary in Fayetteville-Springdale-Rogers, AR
Billing and Posting Clerks in the Fayetteville-Springdale-Rogers, AR area earn an average annual salary of $41,750. This figure is notably below the national average of $49,470, suggesting that local market dynamics, such as industry concentration and demand, play a significant role in compensation for this role within the region.
Executive Summary
- Average Salary: $41,750 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $51,250.
- Outlook: With a local workforce of 980 Billing and Posting Clerks, the Fayetteville-Springdale-Rogers metropolitan area demonstrates a substantial presence of this profession. The Location Quotient of 1.36 indicates a higher concentration of these roles compared to the national average, signaling a robust and potentially growing demand for skilled billing and posting professionals within the region's economic landscape.
Salary Overview
The average Billing and Posting Clerks in Fayetteville-Springdale-Rogers, AR earns-15.6%below the national average.
$20.1
$803
$3,479
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Billing and Posting Clerks in Fayetteville-Springdale-Rogers have experienced growth over the past four years, mirroring general economic trends and inflation. This upward trajectory is likely driven by increased demand for financial administrative support and a competitive labor market seeking qualified individuals.
Billing and Posting Clerks Salary Distribution in Fayetteville-Springdale-Rogers, AR
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 significantly higher salaries, often reaching the upper percentiles. The gap between entry-level and senior salaries signifies clear opportunities for career advancement and increased earning potential within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $34,780 | $16.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $31,313 | $15.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $39,310 | $18.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $52,188 | $25.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $51,250 | $24.6 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$41,750
Gross Pay
Real Wage (Purchasing Power)
$41,750
Adjusted for COL (100)
The average annual salary of $41,750 for Billing and Posting Clerks in Fayetteville-Springdale-Rogers aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, providing a stable financial standing for professionals in this area.
Job Market Context
980
Total Jobs
3.675
Per 1K Jobs
1.36
Location Quotient
With a location quotient of 1.36, Fayetteville-Springdale-Rogers, AR has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.
A Location Quotient of 1.36 for Billing and Posting Clerks in Fayetteville-Springdale-Rogers indicates that this profession is more concentrated in this area than the national average. This suggests a potentially competitive job market where employers may actively seek out qualified candidates, but also implies a stable demand for these services within the local economy.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| Fort Smith, AR-OK Billing and Posting Clerks Salary | $40,910↓ 2% | 51 mi |
| Joplin, MO-KS Billing and Posting Clerks Salary | $44,610↑ 7% | 72 mi |
| Springfield, MO Billing and Posting Clerks Salary | $43,040↑ 3% | 91 mi |
| Tulsa, OK Billing and Posting Clerks Salary | $45,270↑ 8% | 97 mi |
Comparing salaries near Fayetteville-Springdale-Rogers, AR
Hiring Billing and Posting Clerkss?
Frequently Asked Questions
How much does a Billing and Posting Clerks make in Fayetteville-Springdale-Rogers, AR?
The median annual salary for a Billing and Posting Clerks in Fayetteville-Springdale-Rogers, AR is $41,750. This typically ranges from $34,780 for entry-level positions to $51,250 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fayetteville-Springdale-Rogers, AR is 15.6% lower than the national median of $49,470.
Is Fayetteville-Springdale-Rogers, AR a lucrative place for Billing and Posting Clerks?
No, but it is stable.While the average salary of $41,750 is below the national average, the cost of living is also at the national average. The strong location quotient suggests consistent demand for the role.
Is Fayetteville-Springdale-Rogers, AR a good place to live for Billing and Posting Clerks?
The Cost of Living Index in Fayetteville-Springdale-Rogers, AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fayetteville-Springdale-Rogers, AR?
Some top paying nearby cities include Fort Smith, AR-OK ($40,910) and Joplin, MO-KS.
How does the local workforce size affect Billing and Posting Clerk jobs?
A local workforce of 980 Billing and Posting Clerks indicates a significant presence of this profession, suggesting a stable job market with ongoing opportunities for new entrants and experienced professionals.
What does a Location Quotient of 1.36 mean for Billing and Posting Clerks in Fayetteville?
A Location Quotient of 1.36 signifies that Billing and Posting Clerks are more prevalent in Fayetteville-Springdale-Rogers than the national average, indicating a higher concentration and potentially stronger local demand for these roles.
How does the Cost of Living in Fayetteville compare to the national average?
The Cost of Living Index in Fayetteville-Springdale-Rogers is 100, which is exactly the national average. This means that the purchasing power of a salary in this area is comparable to the national standard.
What is the average number of Billing and Posting Clerk jobs per 1,000 workers in Fayetteville?
There are approximately 3.675 Billing and Posting Clerk jobs per 1,000 workers in the Fayetteville-Springdale-Rogers area, reflecting the density of this occupation within the local labor market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 980 employees in the Fayetteville-Springdale-Rogers, AR area with a job density of 3.675 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Billing and Posting Clerks • Data source: BLS OEWS 2024 •Jobs in Fayetteville-Springdale-Rogers, AR