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Average Billing and Posting Clerks Salary in Hagerstown-Martinsburg, MD-WV

Billing and Posting Clerks in the Hagerstown-Martinsburg, MD-WV area earn an average annual salary of $45,340. This figure is slightly below the national average of $49,470, a common trend in regions with a cost of living that aligns with the national benchmark. Local economic factors and industry demand within the specific Hagerstown-Martinsburg market contribute to this salary differential.

Executive Summary

  • Average Salary: $45,340 per year.
  • Growth Trend: Salaries have shifted 20.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $62,240.
  • Outlook: The Hagerstown-Martinsburg area supports a local workforce of 240 Billing and Posting Clerks, representing 2.268 jobs per 1,000 workers. With a Location Quotient of 0.84, the concentration of these roles is slightly below the national average. While not a major hub for this specific occupation, the stable workforce indicates a consistent, albeit not rapidly expanding, demand for these essential administrative functions.
2024 Market Data

Salary Overview

$45,340

The average Billing and Posting Clerks in Hagerstown-Martinsburg, MD-WV earns-8.3%below the national average.

BreakdownBased on 40h/week
Hourly

$21.8

Weekly

$872

Monthly

$3,778

Billing and Posting Clerks Salary Distribution in Hagerstown-Martinsburg, MD-WV

Career progression for Billing and Posting Clerks typically involves a salary increase with accumulated experience. Entry-level positions might start closer to the lower end of the pay scale, while senior clerks with extensive expertise in complex billing systems and accounts receivable management can command salaries significantly higher than the average. The percentile gaps in salary distribution reflect these opportunities for advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$34,480$16.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$34,005$16.3
ManagerOversees team, compliance, and project delivery.50% (Median)$43,380$20.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$56,675$27.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$62,240$29.9

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$45,340

Gross Pay

Real Wage (Purchasing Power)

$45,340

Adjusted for COL (100)

The average annual salary of $45,340 in Hagerstown-Martinsburg aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary is equivalent to the national average, suggesting that the nominal income provides a comparable standard of living to that experienced elsewhere in the United States.

Job Market Context

240

Total Jobs

2.268

Per 1K Jobs

0.84

Location Quotient

Below Average

Hagerstown-Martinsburg, MD-WV has 0.84x 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 0.84 indicates that Billing and Posting Clerk roles are slightly less concentrated in the Hagerstown-Martinsburg area compared to the national average. This suggests a moderately competitive job market where employers may have a reasonable pool of candidates, but specialized skills or extensive experience could still be highly valued.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Hagerstown-Martinsburg, MD-WV

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Hagerstown-Martinsburg, MD-WV?

The median annual salary for a Billing and Posting Clerks in Hagerstown-Martinsburg, MD-WV is $45,340. This typically ranges from $34,480 for entry-level positions to $62,240 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Hagerstown-Martinsburg, MD-WV is 8.3% lower than the national median of $49,470.

Is Hagerstown-Martinsburg, MD-WV a lucrative place for Billing and Posting Clerks?

No, not exceptionally lucrative.The average salary of $45,340 is below the national average, although the cost of living is also at the national average, making the purchasing power comparable.

Is Hagerstown-Martinsburg, MD-WV a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Hagerstown-Martinsburg, MD-WV is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Hagerstown-Martinsburg, MD-WV?

Some top paying nearby cities include Chambersburg, PA ($45,700) and Gettysburg, PA.

How does the Hagerstown-Martinsburg salary compare to the national average?

The average salary for Billing and Posting Clerks in Hagerstown-Martinsburg is $45,340, which is approximately $4,130 less than the national average of $49,470.

What is the significance of the Location Quotient (LQ) of 0.84?

An LQ of 0.84 means that Billing and Posting Clerk jobs are slightly less prevalent in Hagerstown-Martinsburg per capita than the national average, indicating a slightly lower concentration of these roles.

Does the Cost of Living affect the salary in Hagerstown-Martinsburg?

The Cost of Living Index is 100, matching the national average. This means the $45,340 salary has a purchasing power equivalent to the national average, despite being below the national nominal salary.

What is the total number of Billing and Posting Clerks in the area?

There are approximately 240 Billing and Posting Clerks employed in the Hagerstown-Martinsburg, MD-WV area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Hagerstown-Martinsburg, MD-WV area with a job density of 2.268 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.