Average Billing and Posting Clerks Salary in Lynchburg, VA
Billing and Posting Clerks in Lynchburg, VA, earn an average annual salary of $46,310. This figure is slightly below the national average of $49,470, a common trend in areas with a lower cost of living and a more localized job market. The specific economic landscape and demand within Lynchburg directly influence this compensation level.
Executive Summary
- Average Salary: $46,310 per year.
- Growth Trend: Salaries have shifted 49.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $65,860.
- Outlook: With a total local workforce of 210 Billing and Posting Clerks, Lynchburg, VA, presents a stable, albeit niche, employment environment for this profession. The Location Quotient of 0.81 suggests a concentration slightly below the national average, indicating that while the role is present, it is not disproportionately dominant compared to other areas.
Salary Overview
The average Billing and Posting Clerks in Lynchburg, VA earns-6.4%below the national average.
$22.3
$891
$3,859
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data for Lynchburg is not provided, it's reasonable to assume that salaries for Billing and Posting Clerks have seen gradual growth over the past four years, mirroring national trends. Economic shifts and inflation typically drive modest increases in compensation for administrative roles across most U.S. markets.
Billing and Posting Clerks Salary Distribution in Lynchburg, VA
The career path for Billing and Posting Clerks typically involves salary progression based on 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. These percentile gaps highlight the opportunities for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,370 | $17.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,733 | $16.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,130 | $21.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $57,888 | $27.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $65,860 | $31.7 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$46,310
Gross Pay
Real Wage (Purchasing Power)
$46,310
Adjusted for COL (100)
The average annual salary of $46,310 in Lynchburg, VA, 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 Lynchburg is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.
Job Market Context
210
Total Jobs
2.198
Per 1K Jobs
0.81
Location Quotient
Lynchburg, VA has 0.81x 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.
A Location Quotient of 0.81 for Billing and Posting Clerks in Lynchburg, VA, indicates that the concentration of these roles is slightly lower than the national average. This suggests a moderately competitive job market where demand is steady but not overwhelmingly high, offering a balanced environment for job seekers and employers.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| Roanoke, VA Billing and Posting Clerks Salary | $44,730↓ 3% | 43 mi |
| Staunton-Stuarts Draft, VA Billing and Posting Clerks Salary | $44,580↓ 4% | 53 mi |
| Charlottesville, VA Billing and Posting Clerks Salary | $51,950↑ 12% | 59 mi |
| Southside Virginia nonmetropolitan area Billing and Posting Clerks Salary | $46,260↓ 0% | 61 mi |
| Northern West Virginia nonmetropolitan area Billing and Posting Clerks Salary | $39,310↓ 15% | 61 mi |
Comparing salaries near Lynchburg, VA
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Frequently Asked Questions
How much does a Billing and Posting Clerks make in Lynchburg, VA?
The median annual salary for a Billing and Posting Clerks in Lynchburg, VA is $46,310. This typically ranges from $36,370 for entry-level positions to $65,860 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lynchburg, VA is 6.4% lower than the national median of $49,470.
Is Lynchburg, VA a lucrative place for Billing and Posting Clerks?
No, not exceptionally lucrative compared to the national average.The average salary of $46,310 is below the national average of $49,470, although the cost of living is also at the national average. This indicates that while the pay is standard, it does not offer a significant financial advantage over other regions.
Is Lynchburg, VA a good place to live for Billing and Posting Clerks?
The Cost of Living Index in Lynchburg, VA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lynchburg, VA?
Some top paying nearby cities include Roanoke, VA ($44,730) and Staunton-Stuarts Draft, VA.
How does the number of Billing and Posting Clerks in Lynchburg compare nationally?
Lynchburg has a total of 210 Billing and Posting Clerks, with 2.198 jobs per 1,000 workers, which is slightly below the national average concentration.
What is the significance of the Location Quotient (LQ) for this role in Lynchburg?
An LQ of 0.81 means that Billing and Posting Clerks are slightly less concentrated in Lynchburg compared to the national average, suggesting a stable but not overly saturated job market for this profession.
Does experience impact salary for Billing and Posting Clerks in Lynchburg?
Yes, like most professions, experience plays a crucial role. Entry-level positions will likely offer lower salaries, while senior clerks with proven expertise can expect to earn more, reflecting career progression.
How does the cost of living affect the perceived value of the salary?
With a Cost of Living Index of 100, the national average, the $46,310 salary in Lynchburg offers purchasing power equivalent to the national average, making it a standard financial standing.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Lynchburg, VA area with a job density of 2.198 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 Lynchburg, VA