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Average Billing and Posting Clerks Salary in Illinois

Billing and Posting Clerks in Illinois earn an average annual salary of $50,270, slightly exceeding the national average of $49,470. This favorable compensation is influenced by a combination of factors specific to the state's economic landscape and demand for these essential administrative roles.

Executive Summary

  • Average Salary: $50,270 per year.
  • Growth Trend: Salaries have shifted 13.8% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $64,770.
  • Outlook: With a substantial local workforce of 17,280 Billing and Posting Clerks, Illinois demonstrates a significant concentration of these professionals. The Location Quotient of 1.05 indicates a presence slightly above the national average, suggesting a robust and stable demand for these roles within the state's economy.
2024 Market Data

Salary Overview

$50,270

The average Billing and Posting Clerks in Illinois earns+1.6%above the national average.

BreakdownBased on 40h/week
Hourly

$24.2

Weekly

$967

Monthly

$4,189

Billing and Posting Clerks Salary Distribution in Illinois

Salary progression for Billing and Posting Clerks in Illinois typically scales 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 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)$37,770$18.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$37,703$18.1
ManagerOversees team, compliance, and project delivery.50% (Median)$48,030$23.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$62,838$30.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$64,770$31.1

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$50,270

Gross Pay

Real Wage (Purchasing Power)

$54,760

Adjusted for COL (91.8)

The average annual salary of $50,270 in Illinois presents a strong purchasing power, especially when considered against the state's Cost of Living Index of 91.8. This index is below the national average of 100, meaning that the nominal salary translates to a higher real income and greater financial flexibility for Billing and Posting Clerks residing in Illinois.

Job Market Context

17,280

Total Jobs

2.849

Per 1K Jobs

1.05

Location Quotient

Above Average

With a location quotient of 1.05, Illinois has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

Illinois's Location Quotient of 1.05 for Billing and Posting Clerks suggests a market that is slightly more concentrated than the national average. This indicates a healthy demand for these professionals, making the job market competitive yet offering ample opportunities for skilled individuals to find employment.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

CitySalaryDist.
Bloomington, IL Billing and Posting Clerks Salary$45,510↓ 9%9 mi
Decatur, IL Billing and Posting Clerks Salary$46,220↓ 8%34 mi
Champaign-Urbana, IL Billing and Posting Clerks Salary$48,540↓ 3%41 mi
Peoria, IL Billing and Posting Clerks Salary$47,570↓ 5%43 mi
Springfield, IL Billing and Posting Clerks Salary$46,130↓ 8%53 mi

Comparing salaries near Illinois

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Illinois?

The median annual salary for a Billing and Posting Clerks in Illinois is $50,270. This typically ranges from $37,770 for entry-level positions to $64,770 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Illinois is 1.6% higher than the national median of $49,470.

Is Illinois a lucrative place for Billing and Posting Clerks?

Yes, Illinois offers a slightly more lucrative environment for Billing and Posting Clerks compared to the national average.The average salary in Illinois is higher than the national average, and the cost of living is lower, enhancing overall financial well-being.

Is Illinois a good place to live for Billing and Posting Clerks?

With a Cost of Living Index of 91.8 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Illinois?

Some top paying nearby cities include Bloomington, IL ($45,510) and Decatur, IL.

How does the Illinois job market compare to the national average for this role?

Illinois has a slightly higher concentration of Billing and Posting Clerks, with a Location Quotient of 1.05, indicating a robust local market.

What is the impact of the cost of living on a Billing and Posting Clerk's salary in Illinois?

With a Cost of Living Index of 91.8, Illinois offers a lower cost of living than the national average, making the $50,270 salary more valuable.

How many Billing and Posting Clerks are employed in Illinois?

There are approximately 17,280 Billing and Posting Clerks employed in Illinois, reflecting a significant presence in the state's workforce.

Are there more job openings for Billing and Posting Clerks in Illinois than the national average?

The data suggests a slightly higher concentration of jobs per capita (2.849 jobs per 1,000 workers) compared to the national average, implying a healthy demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 17,280 employees in the Illinois area with a job density of 2.849 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 Illinois