Average Billing and Posting Clerks Salary in Iowa City, IA
Billing and Posting Clerks in Iowa City, IA, command an average annual salary of $52,530, notably exceeding the national average of $49,470. This favorable compensation is often driven by a localized demand for these essential financial administrative roles within the Iowa City economic landscape.
Executive Summary
- Average Salary: $52,530 per year.
- Growth Trend: Salaries have shifted 15.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $63,790.
- Outlook: With a total local workforce of 510 Billing and Posting Clerks, Iowa City demonstrates a robust presence in this sector. The Location Quotient of 2.03 signifies a concentration of these roles that is more than double the national average, indicating a strong and potentially growing demand for professionals in this field.
Salary Overview
The average Billing and Posting Clerks in Iowa City, IA earns+6.2%above the national average.
$25.3
$1,010
$4,378
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 Iowa City have experienced steady growth over the past four years, mirroring national trends. This upward trajectory is typically influenced by inflation, increasing demand for financial services, and the evolving skill requirements within the profession.
Billing and Posting Clerks Salary Distribution in Iowa City, IA
Career progression for Billing and Posting Clerks in Iowa City typically involves a significant 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 salaries well above the average, reflecting the value of their expertise and tenure.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $43,410 | $20.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $39,398 | $18.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $48,630 | $23.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $65,663 | $31.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $63,790 | $30.7 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$52,530
Gross Pay
Real Wage (Purchasing Power)
$52,530
Adjusted for COL (100)
The average annual salary of $52,530 in Iowa City aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Billing and Posting Clerk's salary in Iowa City is equivalent to the national standard, offering a stable financial environment for residents.
Job Market Context
510
Total Jobs
5.509
Per 1K Jobs
2.03
Location Quotient
Iowa City, IA has 2.0x the national concentration of Billing and Posting Clerks jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 2.03 for Billing and Posting Clerks in Iowa City strongly suggests a highly concentrated job market. This indicates that the demand for these professionals is significantly higher relative to the national average, making Iowa City a potentially advantageous location for job seekers in this occupation.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| Cedar Rapids, IA Billing and Posting Clerks Salary | $47,530↓ 10% | 23 mi |
| Davenport-Moline-Rock Island, IA-IL Billing and Posting Clerks Salary | $46,800↓ 11% | 48 mi |
| Waterloo-Cedar Falls, IA Billing and Posting Clerks Salary | $44,700↓ 15% | 72 mi |
| Dubuque, IA Billing and Posting Clerks Salary | $46,780↓ 11% | 72 mi |
| Southeast Iowa nonmetropolitan area Billing and Posting Clerks Salary | $44,360↓ 16% | 90 mi |
Comparing salaries near Iowa City, IA
Hiring Billing and Posting Clerkss?
Frequently Asked Questions
How much does a Billing and Posting Clerks make in Iowa City, IA?
The median annual salary for a Billing and Posting Clerks in Iowa City, IA is $52,530. This typically ranges from $43,410 for entry-level positions to $63,790 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Iowa City, IA is 6.2% higher than the national median of $49,470.
Is Iowa City, IA a lucrative place for Billing and Posting Clerks?
Yes, Iowa City offers a lucrative environment for Billing and Posting Clerks.The average salary of $52,530 is higher than the national average, and the cost of living is on par with the national average, providing excellent earning potential.
Is Iowa City, IA a good place to live for Billing and Posting Clerks?
The Cost of Living Index in Iowa City, IA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Iowa City, IA?
Some top paying nearby cities include Cedar Rapids, IA ($47,530) and Davenport-Moline-Rock Island, IA-IL.
How does the Iowa City Billing and Posting Clerk salary compare to the national average?
Billing and Posting Clerks in Iowa City earn an average of $52,530 annually, which is approximately $3,060 more than the national average of $49,470.
What does a Location Quotient of 2.03 mean for Billing and Posting Clerks in Iowa City?
A Location Quotient of 2.03 signifies that Billing and Posting Clerk jobs are more than twice as concentrated in Iowa City compared to the national average, indicating a strong local demand.
Is the cost of living in Iowa City, IA high for Billing and Posting Clerks?
No, the cost of living in Iowa City is exactly at the national average (100), meaning your salary of $52,530 will have the same purchasing power as the national average salary.
How many Billing and Posting Clerks are there in Iowa City?
There are approximately 510 Billing and Posting Clerks employed in Iowa City, representing 5.509 jobs per 1,000 workers in the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 510 employees in the Iowa City, IA area with a job density of 5.509 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 Iowa City, IA