SalaryNode

Average Billing and Posting Clerks Salary in Fort Smith, AR-OK

Billing and Posting Clerks in Fort Smith, AR-OK earn an average annual salary of $40,910. This figure is notably below the national average of $49,470, reflecting regional economic factors and local demand for these administrative roles. The specific economic landscape of the Fort Smith area influences compensation levels for specialized positions.

Executive Summary

  • Average Salary: $40,910 per year.
  • Growth Trend: Salaries have shifted 33.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $49,530.
  • Outlook: The Fort Smith, AR-OK market for Billing and Posting Clerks is characterized by a local workforce of 260 individuals. With a Location Quotient of 1, the concentration of these roles aligns with the national average, suggesting a stable but not exceptionally high demand. The presence of 2.712 jobs per 1,000 workers indicates a consistent need for these professionals within the local economy.
2024 Market Data

Salary Overview

$40,910

The average Billing and Posting Clerks in Fort Smith, AR-OK earns-17.3%below the national average.

BreakdownBased on 40h/week
Hourly

$19.7

Weekly

$787

Monthly

$3,409

Billing and Posting Clerks Salary Distribution in Fort Smith, AR-OK

Career progression for Billing and Posting Clerks in Fort Smith, AR-OK, 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 higher salaries. The percentile gaps in earnings signify clear 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)$30,870$14.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$30,683$14.8
ManagerOversees team, compliance, and project delivery.50% (Median)$39,120$18.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$51,138$24.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$49,530$23.8

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$40,910

Gross Pay

Real Wage (Purchasing Power)

$40,910

Adjusted for COL (100)

The average annual salary of $40,910 in Fort Smith, AR-OK, is directly comparable to the national average cost of living, which stands at an index of 100. This means that the purchasing power of a Billing and Posting Clerk's salary in Fort Smith is effectively aligned with the national standard, indicating that the nominal salary provides a comparable lifestyle to that of the average American.

Job Market Context

260

Total Jobs

2.712

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Fort Smith, AR-OK has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

A Location Quotient of 1 for Billing and Posting Clerks in Fort Smith, AR-OK, signifies that the concentration of these jobs in the area is precisely at the national average. This suggests a balanced job market where the number of available positions is neither significantly higher nor lower than what would be expected based on the national distribution of this occupation. The market is neither oversaturated nor experiencing a pronounced shortage.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Fort Smith, AR-OK

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Fort Smith, AR-OK?

The median annual salary for a Billing and Posting Clerks in Fort Smith, AR-OK is $40,910. This typically ranges from $30,870 for entry-level positions to $49,530 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Fort Smith, AR-OK is 17.3% lower than the national median of $49,470.

Is Fort Smith, AR-OK a lucrative place for Billing and Posting Clerks?

No, it is not particularly lucrative.The average salary of $40,910 is below the national average, and while the cost of living is average, the compensation does not offer a significant financial advantage.

Is Fort Smith, AR-OK a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Fort Smith, AR-OK is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Fort Smith, AR-OK?

Some top paying nearby cities include Fayetteville-Springdale-Rogers, AR ($41,750) and Hot Springs, AR.

How does the cost of living in Fort Smith, AR-OK affect the Billing and Posting Clerk salary?

With a Cost of Living Index of 100, Fort Smith's cost of living is exactly at the national average. This means the $40,910 salary provides purchasing power equivalent to the national average, without the added benefit of a lower cost of living to stretch earnings further.

What is the job market like for Billing and Posting Clerks in Fort Smith, AR-OK?

The market is stable, with a Location Quotient of 1 indicating a concentration of jobs matching the national average. The total local workforce of 260 suggests a moderate presence of these roles.

Can I expect salary increases as a Billing and Posting Clerk in Fort Smith, AR-OK?

Yes, as with most professions, experience and skill development typically lead to higher salaries. While the average is $40,910, senior positions will command more, reflecting career progression.

How does Fort Smith's Billing and Posting Clerk employment compare nationally?

The concentration of Billing and Posting Clerks in Fort Smith is on par with the national average, as indicated by a Location Quotient of 1. This suggests the job market here is neither exceptionally dense nor sparse compared to the rest of the country.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Fort Smith, AR-OK area with a job density of 2.712 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.