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Average Billing and Posting Clerks Salary in Knoxville, TN

Billing and Posting Clerks in Knoxville, TN, earn an average annual salary of $42,480. This figure is notably below the national average of $49,470, suggesting that local economic factors and market demand play a significant role in compensation within this specific region. The pay scale in Knoxville reflects a unique balance of local industry needs and the cost of doing business.

Executive Summary

  • Average Salary: $42,480 per year.
  • Growth Trend: Salaries have shifted 16.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $56,510.
  • Outlook: With a total local workforce of 1,160 Billing and Posting Clerks, Knoxville presents a stable, albeit not overwhelmingly large, employment landscape for this profession. The Location Quotient of 1.03 indicates a concentration of these roles that is slightly above the national average, suggesting a steady demand and a healthy presence of these positions within the local economy.
2024 Market Data

Salary Overview

$42,480

The average Billing and Posting Clerks in Knoxville, TN earns-14.1%below the national average.

BreakdownBased on 40h/week
Hourly

$20.4

Weekly

$817

Monthly

$3,540

Billing and Posting Clerks Salary Distribution in Knoxville, TN

Career progression for Billing and Posting Clerks in Knoxville typically involves moving from entry-level positions to more senior roles, which naturally commands higher salaries. While specific percentile data isn't available, the salary range generally expands significantly with experience, with senior clerks potentially earning considerably more than the average, reflecting increased responsibility and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$32,960$15.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,860$15.3
ManagerOversees team, compliance, and project delivery.50% (Median)$40,250$19.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$53,100$25.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$56,510$27.2

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$42,480

Gross Pay

Real Wage (Purchasing Power)

$42,480

Adjusted for COL (100)

The nominal average salary of $42,480 in Knoxville aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Billing and Posting Clerk's salary in Knoxville is equivalent to the national average, indicating a balanced economic environment where wages generally match the expenses of daily life.

Job Market Context

1,160

Total Jobs

2.783

Per 1K Jobs

1.03

Location Quotient

Above Average

With a location quotient of 1.03, Knoxville, TN has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

Knoxville's Location Quotient of 1.03 for Billing and Posting Clerks signifies a job market that is slightly more concentrated than the national average. This suggests that while the demand is present and perhaps even a bit stronger locally, the market is not saturated, offering a competitive but accessible environment for professionals in this field.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Knoxville, TN

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Knoxville, TN?

The median annual salary for a Billing and Posting Clerks in Knoxville, TN is $42,480. This typically ranges from $32,960 for entry-level positions to $56,510 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Knoxville, TN is 14.1% lower than the national median of $49,470.

Is Knoxville, TN a lucrative place for Billing and Posting Clerks?

No, not exceptionally lucrative compared to the national average.While the Cost of Living is average, the nominal salary of $42,480 is below the national average of $49,470. The slightly above-average concentration of jobs suggests stable demand, but not necessarily premium compensation.

Is Knoxville, TN a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Knoxville, TN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Knoxville, TN?

Some top paying nearby cities include Morristown, TN ($44,110) and Cleveland, TN.

How does Knoxville's job market compare nationally for Billing and Posting Clerks?

Knoxville's market is slightly more concentrated than the national average, with a Location Quotient of 1.03, indicating a steady presence of these roles.

What is the average salary for a Billing and Posting Clerk in Knoxville, TN?

The average annual salary for a Billing and Posting Clerk in Knoxville, TN is $42,480.

How does the Cost of Living in Knoxville affect salary perception?

With a Cost of Living Index of 100 (matching the national average), the $42,480 salary offers purchasing power equivalent to the national average.

Is there strong demand for Billing and Posting Clerks in Knoxville?

The Location Quotient of 1.03 and 2.783 jobs per 1,000 workers suggest a stable and slightly above-average demand for these professionals in Knoxville.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,160 employees in the Knoxville, TN area with a job density of 2.783 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.