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Average Billing and Posting Clerks Salary in Massachusetts

Billing and Posting Clerks in Massachusetts earn an average annual salary of $55,240, significantly exceeding the national average of $49,470. This higher compensation is often driven by the state's robust economic landscape and the specialized administrative needs within its diverse industries, reflecting a localized demand for these crucial financial support roles.

Executive Summary

  • Average Salary: $55,240 per year.
  • Growth Trend: Salaries have shifted 10.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $66,550.
  • Outlook: With a total local workforce of 8,320 Billing and Posting Clerks, Massachusetts demonstrates a substantial presence of these professionals. The Location Quotient of 0.84 suggests a concentration slightly below the national average, indicating a stable but not overly saturated job market. The rate of 2.284 jobs per 1,000 workers further underscores a consistent demand for skilled billing and posting personnel within the state.
2024 Market Data

Salary Overview

$55,240

The average Billing and Posting Clerks in Massachusetts earns+11.7%above the national average.

BreakdownBased on 40h/week
Hourly

$26.6

Weekly

$1,062

Monthly

$4,603

Billing and Posting Clerks Salary Distribution in Massachusetts

Career progression for Billing and Posting Clerks typically involves a salary increase tied to experience. Entry-level positions may start closer to the lower percentiles, while senior clerks with extensive experience and specialized skills can command salaries in the upper percentiles. The widening gap between entry-level and senior roles reflects the value placed on accumulated expertise, efficiency, and responsibility within the billing and posting function.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$45,190$21.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$41,430$19.9
ManagerOversees team, compliance, and project delivery.50% (Median)$52,870$25.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$69,050$33.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$66,550$32

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$55,240

Gross Pay

Real Wage (Purchasing Power)

$37,224

Adjusted for COL (148.4)

The average annual salary of $55,240 in Massachusetts must be considered alongside its high Cost of Living Index of 148.4. While the nominal salary is attractive compared to the national average, the elevated cost of goods and services means that the purchasing power of this salary is somewhat diminished. Prospective residents should carefully weigh the higher income against the increased expenses associated with living in the state.

Job Market Context

8,320

Total Jobs

2.284

Per 1K Jobs

0.84

Location Quotient

Below Average

Massachusetts has 0.84x 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 0.84 indicates that Billing and Posting Clerks are slightly less concentrated in Massachusetts compared to the national average. This suggests that while the profession is well-established, the job market may offer a good balance between available positions and the number of professionals, potentially leading to competitive opportunities for qualified candidates without extreme saturation.

Nearby Job Markets

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Frequently Asked Questions

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

The median annual salary for a Billing and Posting Clerks in Massachusetts is $55,240. This typically ranges from $45,190 for entry-level positions to $66,550 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Massachusetts is 11.7% higher than the national median of $49,470.

Is Massachusetts a lucrative place for Billing and Posting Clerks?

Yes, but with caveats.Billing and Posting Clerks in Massachusetts earn a higher average salary than the national average. However, the state's significantly higher cost of living means that take-home purchasing power should be carefully evaluated.

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

The Cost of Living Index in Massachusetts is 148.4. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Massachusetts?

Some top paying nearby cities include Worcester, MA ($53,280) and Boston-Cambridge-Newton, MA-NH.

How does the Massachusetts salary compare to the national average?

The average annual salary for Billing and Posting Clerks in Massachusetts is $55,240, which is notably higher than the national average of $49,470.

What is the job market like for Billing and Posting Clerks in Massachusetts?

The job market appears stable, with a total workforce of 8,320 and a jobs-per-1,000-workers rate of 2.284, indicating consistent demand.

Does experience significantly impact a Billing and Posting Clerk's salary in Massachusetts?

Yes, experience is a key factor, with senior roles commanding higher salaries than entry-level positions, reflecting increased responsibility and expertise.

How does the cost of living affect the salary for Billing and Posting Clerks in Massachusetts?

The high cost of living in Massachusetts (148.4 index) offsets some of the benefit of the higher average salary, requiring careful financial planning.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,320 employees in the Massachusetts area with a job density of 2.284 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.