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Average Billing and Posting Clerks Salary in Indiana

Billing and Posting Clerks in Indiana earn an average annual salary of $45,770. This figure is slightly below the national average of $49,470, a common trend influenced by regional economic factors and the overall cost of living within the state. Indiana's specific economic landscape shapes compensation for these essential administrative roles.

Executive Summary

  • Average Salary: $45,770 per year.
  • Growth Trend: Salaries have shifted 18.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $59,700.
  • Outlook: With a local workforce of 7,740 Billing and Posting Clerks, Indiana demonstrates a stable presence in this occupational sector. The Location Quotient of 0.9 indicates that the concentration of these roles is nearly on par with the national average, suggesting a consistent demand that aligns with broader economic activity. This steady employment base provides a solid foundation for the profession within the state.
2024 Market Data

Salary Overview

$45,770

The average Billing and Posting Clerks in Indiana earns-7.5%below the national average.

BreakdownBased on 40h/week
Hourly

$22

Weekly

$880

Monthly

$3,814

Billing and Posting Clerks Salary Distribution in Indiana

Salary progression for Billing and Posting Clerks in Indiana 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. The percentile gaps in earnings reflect this career trajectory, rewarding accumulated knowledge and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,300$17
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$34,328$16.5
ManagerOversees team, compliance, and project delivery.50% (Median)$44,720$21.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$57,213$27.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$59,700$28.7

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$45,770

Gross Pay

Real Wage (Purchasing Power)

$50,856

Adjusted for COL (90)

The average annual salary of $45,770 in Indiana presents a favorable financial picture when considered against the state's Cost of Living Index of 90. This index, which is 10% below the national average, means that the nominal income earned by Billing and Posting Clerks in Indiana holds greater purchasing power locally. Consequently, the effective standard of living may be higher than the raw salary figure suggests.

Job Market Context

7,740

Total Jobs

2.43

Per 1K Jobs

0.9

Location Quotient

Below Average

Indiana has 0.90x 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.

Indiana's Location Quotient of 0.9 for Billing and Posting Clerks signifies a job market that is closely aligned with the national distribution of this profession. This suggests a balanced supply and demand dynamic, where the number of available positions is proportionate to the number of qualified individuals. The market is neither oversaturated nor experiencing a significant shortage, offering a stable environment for employment.

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Comparing salaries near Indiana

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Frequently Asked Questions

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

The median annual salary for a Billing and Posting Clerks in Indiana is $45,770. This typically ranges from $35,300 for entry-level positions to $59,700 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Indiana is 7.5% lower than the national median of $49,470.

Is Indiana a lucrative place for Billing and Posting Clerks?

Yes, especially when considering the cost of living.While the average salary is slightly below the national average, Indiana's lower cost of living index means your earnings likely stretch further. This makes the overall financial picture quite favorable for Billing and Posting Clerks in the state.

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

With a Cost of Living Index of 90 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Indiana?

Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($47,370) and Kokomo, IN.

What is the average salary for a Billing and Posting Clerk in Indiana?

The average annual salary for a Billing and Posting Clerk in Indiana is $45,770.

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

Indiana's cost of living is 10% lower than the national average, with an index of 90 compared to the national baseline of 100.

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

Yes, the market is stable with a Location Quotient of 0.9, indicating a concentration of these jobs similar to the national average and a workforce of 7,740.

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

Experience significantly impacts salary, with entry-level positions earning less and senior roles commanding higher pay, reflecting career progression and increased responsibility.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,740 employees in the Indiana area with a job density of 2.43 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.