Average Billing and Posting Clerks Salary in Kentucky
Billing and Posting Clerks in Kentucky earn an average annual salary of $42,680. This figure is notably lower than the national average of $49,470, reflecting regional economic factors and the specific demand within the state's job market. Understanding these local nuances is crucial for career planning and salary negotiation.
Executive Summary
- Average Salary: $42,680 per year.
- Growth Trend: Salaries have shifted 17.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $54,950.
- Outlook: With a local workforce of approximately 6,500 Billing and Posting Clerks, Kentucky demonstrates a stable presence in this sector. The location quotient of 1.2 suggests a slightly higher concentration of these roles compared to the national average, indicating a moderate but consistent demand for these essential administrative functions within the state.
Salary Overview
The average Billing and Posting Clerks in Kentucky earns-13.7%below the national average.
$20.5
$821
$3,557
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Billing and Posting Clerks in Kentucky, like in many other regions, have experienced gradual growth over the past four years. This trend is typically driven by inflation, increasing demand for administrative support, and the evolving complexity of billing and posting processes.
Billing and Posting Clerks Salary Distribution in Kentucky
Salary progression for Billing and Posting Clerks in Kentucky typically correlates 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 significantly higher than the average. The percentile gaps in earnings clearly signify opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $32,300 | $15.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $32,010 | $15.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $40,400 | $19.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $53,350 | $25.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $54,950 | $26.4 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$42,680
Gross Pay
Real Wage (Purchasing Power)
$47,528
Adjusted for COL (89.8)
The average annual salary of $42,680 in Kentucky presents a favorable financial situation when considered against the state's Cost of Living Index of 89.8. This index, being below the national average of 100, suggests that the purchasing power of a Billing and Posting Clerk's salary in Kentucky is relatively strong, allowing for a comfortable standard of living.
Job Market Context
6,500
Total Jobs
3.261
Per 1K Jobs
1.2
Location Quotient
With a location quotient of 1.20, Kentucky has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.
Kentucky's location quotient of 1.2 for Billing and Posting Clerks indicates a concentration of these roles that is 20% higher than the national average. This suggests that the job market in Kentucky is relatively robust for this profession, potentially offering more opportunities and a slightly more competitive environment compared to areas with a lower concentration.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| Lexington-Fayette, KY Billing and Posting Clerks Salary | $43,840↑ 3% | 28 mi |
| Elizabethtown, KY Billing and Posting Clerks Salary | $42,160↓ 1% | 66 mi |
| Louisville/Jefferson County, KY-IN Billing and Posting Clerks Salary | $45,400↑ 6% | 72 mi |
| Cincinnati, OH-KY-IN Billing and Posting Clerks Salary | $46,160↑ 8% | 100 mi |
Comparing salaries near Kentucky
Hiring Billing and Posting Clerkss?
Frequently Asked Questions
How much does a Billing and Posting Clerks make in Kentucky?
The median annual salary for a Billing and Posting Clerks in Kentucky is $42,680. This typically ranges from $32,300 for entry-level positions to $54,950 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kentucky is 13.7% lower than the national median of $49,470.
Is Kentucky a lucrative place for Billing and Posting Clerks?
Yes, especially considering the cost of living.While the nominal salary is below the national average, Kentucky's lower cost of living means your earnings can go further. The slightly higher concentration of jobs also suggests a healthy demand for the role.
Is Kentucky a good place to live for Billing and Posting Clerks?
With a Cost of Living Index of 89.8 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Kentucky?
Some top paying nearby cities include Lexington-Fayette, KY ($43,840) and Elizabethtown, KY.
How does experience affect a Billing and Posting Clerk's salary in Kentucky?
Experience significantly impacts earnings. Entry-level clerks earn less, while senior clerks with specialized skills and a proven track record can earn substantially more than the $42,680 average.
What is the job outlook for Billing and Posting Clerks in Kentucky?
The outlook appears stable, with a workforce of 6,500 and a location quotient slightly above the national average, indicating consistent demand for these administrative roles.
How does Kentucky's cost of living compare to the national average?
Kentucky's cost of living is below the national average, with an index of 89.8 compared to the national benchmark of 100, making salaries stretch further.
Are there more Billing and Posting Clerk jobs in Kentucky than the national average?
Yes, the location quotient of 1.2 suggests a higher concentration of these jobs in Kentucky relative to the national distribution.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,500 employees in the Kentucky area with a job density of 3.261 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 Kentucky