Average Billing and Posting Clerks Salary in Lafayette, LA
Billing and Posting Clerks in Lafayette, LA earn an average annual salary of $37,600. This figure is notably below the national average of $49,470. Local economic factors and the specific demand within the Lafayette market contribute to this salary differential.
Executive Summary
- Average Salary: $37,600 per year.
- Growth Trend: Salaries have shifted 5.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $50,400.
- Outlook: With a local workforce of 590 Billing and Posting Clerks, Lafayette presents a moderately concentrated job market, indicated by a Location Quotient of 1.24. This suggests a slightly higher prevalence of these roles compared to the national average, implying a stable, albeit not explosive, demand for skilled professionals in this sector within the region.
Salary Overview
The average Billing and Posting Clerks in Lafayette, LA earns-24.0%below the national average.
$18.1
$723
$3,133
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data for Lafayette is not provided, it is reasonable to assume that salaries for Billing and Posting Clerks have experienced gradual growth over the past four years, mirroring national trends. Economic shifts and inflation typically necessitate upward adjustments in compensation to maintain workforce stability and attract talent.
Billing and Posting Clerks Salary Distribution in Lafayette, LA
Career progression for Billing and Posting Clerks typically involves moving from entry-level positions to more senior roles, which is reflected in salary increases. The gap between the lower and higher salary percentiles signifies the potential for advancement and increased earning capacity as professionals gain experience, develop specialized skills, and take on greater responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $26,300 | $12.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $28,200 | $13.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $36,350 | $17.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $47,000 | $22.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $50,400 | $24.2 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$37,600
Gross Pay
Real Wage (Purchasing Power)
$37,600
Adjusted for COL (100)
The average annual salary of $37,600 in Lafayette, LA, aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is comparable to the national standard, suggesting that the cost of essential goods and services in Lafayette is neither significantly higher nor lower than elsewhere in the US.
Job Market Context
590
Total Jobs
3.365
Per 1K Jobs
1.24
Location Quotient
With a location quotient of 1.24, Lafayette, LA has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.
A Location Quotient of 1.24 indicates that Billing and Posting Clerk roles are 24% more concentrated in Lafayette, LA, than the national average. This suggests a slightly more robust local demand for these professionals relative to the general workforce, making the job market potentially more competitive for new entrants but offering good opportunities for those already established in the field.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| Baton Rouge, LA Billing and Posting Clerks Salary | $43,110↑ 15% | 56 mi |
| Southwest Louisiana nonmetropolitan area Billing and Posting Clerks Salary | $39,820↑ 6% | 67 mi |
| Central Louisiana nonmetropolitan area Billing and Posting Clerks Salary | $40,210↑ 7% | 67 mi |
| Northeast Louisiana nonmetropolitan area Billing and Posting Clerks Salary | $41,900↑ 11% | 67 mi |
| Lake Charles, LA Billing and Posting Clerks Salary | $40,320↑ 7% | 70 mi |
Comparing salaries near Lafayette, LA
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Frequently Asked Questions
How much does a Billing and Posting Clerks make in Lafayette, LA?
The median annual salary for a Billing and Posting Clerks in Lafayette, LA is $37,600. This typically ranges from $26,300 for entry-level positions to $50,400 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lafayette, LA is 24.0% lower than the national median of $49,470.
Is Lafayette, LA 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 $37,600 salary is significantly lower than the national average of $49,470, indicating less lucrative earning potential locally.
Is Lafayette, LA a good place to live for Billing and Posting Clerks?
The Cost of Living Index in Lafayette, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lafayette, LA?
Some top paying nearby cities include Baton Rouge, LA ($43,110) and Southwest Louisiana nonmetropolitan area.
How does experience affect a Billing and Posting Clerk's salary in Lafayette?
As with most professions, experience significantly boosts earning potential. Entry-level clerks will earn at the lower end of the salary spectrum, while senior clerks with extensive experience and specialized skills can command higher salaries, reflecting their value and expertise.
What is the significance of the Location Quotient for this role in Lafayette?
A Location Quotient of 1.24 means Billing and Posting Clerks are more concentrated in Lafayette than nationally. This suggests a slightly higher demand or a more specialized local industry requiring these roles, potentially leading to more job opportunities relative to the overall workforce size.
How does the Cost of Living in Lafayette compare to the national average?
Lafayette's Cost of Living Index is exactly 100, which is the national average. This means that the general cost of goods, services, housing, and transportation is on par with the rest of the United States.
What is the total number of Billing and Posting Clerks in Lafayette, LA?
There are approximately 590 Billing and Posting Clerks employed in Lafayette, LA, contributing to the local workforce in administrative and financial support roles.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 590 employees in the Lafayette, LA area with a job density of 3.365 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 Lafayette, LA