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Average Billing and Posting Clerks Salary in Maryland

Billing and Posting Clerks in Maryland earn an average annual salary of $52,540, surpassing the national average of $49,470. This higher compensation reflects the state's specific economic drivers and potentially a higher demand for skilled administrative support within its diverse industries.

Executive Summary

  • Average Salary: $52,540 per year.
  • Growth Trend: Salaries have shifted 22.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $70,350.
  • Outlook: With a local workforce of 5,750 Billing and Posting Clerks, Maryland demonstrates a significant presence in this occupational field. The Location Quotient of 0.77 suggests that while the concentration is slightly below the national average, the absolute number of professionals indicates a stable and active job market for these essential administrative roles.
2024 Market Data

Salary Overview

$52,540

The average Billing and Posting Clerks in Maryland earns+6.2%above the national average.

BreakdownBased on 40h/week
Hourly

$25.3

Weekly

$1,010

Monthly

$4,378

Billing and Posting Clerks Salary Distribution in Maryland

Career progression for Billing and Posting Clerks typically involves a salary increase with experience. Entry-level positions may start at a lower percentile, while senior clerks with specialized skills or supervisory responsibilities can command salaries in the higher percentiles, reflecting their accumulated expertise and value to employers.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,240$18.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$39,405$18.9
ManagerOversees team, compliance, and project delivery.50% (Median)$49,620$23.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$65,675$31.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$70,350$33.8

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$52,540

Gross Pay

Real Wage (Purchasing Power)

$41,998

Adjusted for COL (125.1)

The average annual salary of $52,540 in Maryland is offset by a Cost of Living Index of 125.1, which is 25.1% higher than the national average. This means that while the nominal salary is higher, the purchasing power of that income is reduced due to the elevated cost of goods and services in the state.

Job Market Context

5,750

Total Jobs

2.095

Per 1K Jobs

0.77

Location Quotient

Below Average

Maryland has 0.77x 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 0.77 indicates that Billing and Posting Clerks are slightly less concentrated in Maryland compared to the national average. This suggests that while the profession is present, the market may not be oversaturated, potentially offering a balanced environment for job seekers and employers alike.

Nearby Job Markets

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Maryland?

The median annual salary for a Billing and Posting Clerks in Maryland is $52,540. This typically ranges from $38,240 for entry-level positions to $70,350 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Maryland is 6.2% higher than the national median of $49,470.

Is Maryland a lucrative place for Billing and Posting Clerks?

Yes, but with caveats.Maryland offers a higher average salary than the national average for Billing and Posting Clerks. However, this is tempered by a significantly higher cost of living, meaning take-home pay may not stretch as far as in lower-cost areas.

Is Maryland a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Maryland is 125.1. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Maryland?

Some top paying nearby cities include Washington-Arlington-Alexandria, DC-VA-MD-WV ($58,950) and Baltimore-Columbia-Towson, MD.

How does the number of Billing and Posting Clerks in Maryland compare nationally?

Maryland employs approximately 5,750 Billing and Posting Clerks, which represents a notable segment of the workforce, though the concentration (Location Quotient) is slightly below the national average.

What is the significance of the Location Quotient for this role in Maryland?

A Location Quotient of 0.77 suggests that Billing and Posting Clerks are present in Maryland but are not as heavily concentrated as they are on a national scale, indicating a moderate level of market saturation.

How does the Cost of Living Index affect the perceived salary of a Billing and Posting Clerk in Maryland?

The Cost of Living Index of 125.1 means that expenses in Maryland are substantially higher than the national average, reducing the real value of the $52,540 average salary.

What are the typical career paths for Billing and Posting Clerks in Maryland?

Career paths often involve advancing from entry-level roles to senior positions through experience, potentially leading to supervisory or specialized accounting support roles within various industries.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,750 employees in the Maryland area with a job density of 2.095 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.