Average Billing and Posting Clerks Salary in Memphis, TN-MS-AR
Billing and Posting Clerks in the Memphis, TN-MS-AR metropolitan area earn an average annual salary of $45,620. This figure is slightly below the national average of $49,470, indicating that local market dynamics and economic factors specific to the region play a role in compensation levels. While the cost of living in Memphis aligns with the national average, this salary difference suggests a nuanced employment landscape for these professionals.
Executive Summary
- Average Salary: $45,620 per year.
- Growth Trend: Salaries have shifted 28.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $60,640.
- Outlook: The Memphis area supports a local workforce of 1,510 Billing and Posting Clerks, with a jobs-per-1,000-workers ratio of 2.435. The Location Quotient of 0.9 suggests that this profession is slightly less concentrated in Memphis compared to the national average. While not indicating an exceptionally high demand, the substantial workforce size points to a stable and established presence of these roles within the local economy.
Salary Overview
The average Billing and Posting Clerks in Memphis, TN-MS-AR earns-7.8%below the national average.
$21.9
$877
$3,802
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data for the Memphis area 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 recovery, inflation, and evolving business needs likely contribute to incremental increases in compensation for these essential administrative roles.
Billing and Posting Clerks Salary Distribution in Memphis, TN-MS-AR
Career progression for Billing and Posting Clerks typically involves moving from entry-level positions to more senior or specialized roles. As experience accumulates, individuals can expect to see their salaries increase, reflecting greater responsibility, efficiency, and expertise. The percentile gaps in salary data, though not detailed here, would signify this upward trajectory from junior to seasoned professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $34,180 | $16.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,215 | $16.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $45,330 | $21.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $57,025 | $27.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $60,640 | $29.2 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$45,620
Gross Pay
Real Wage (Purchasing Power)
$45,620
Adjusted for COL (100)
The average annual salary of $45,620 for Billing and Posting Clerks in Memphis, TN-MS-AR, is directly comparable to the national average cost of living, which stands at an index of 100. This means that the purchasing power of this salary in Memphis is generally equivalent to the national average, offering a stable financial foundation without significant cost-of-living advantages or disadvantages.
Job Market Context
1,510
Total Jobs
2.435
Per 1K Jobs
0.9
Location Quotient
Memphis, TN-MS-AR has 0.90x 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.
With a Location Quotient of 0.9, the job market for Billing and Posting Clerks in Memphis is nearly on par with the national average in terms of concentration. This suggests a balanced market where the profession is neither exceptionally scarce nor overly saturated. Professionals can expect a moderate level of competition for available positions, with opportunities generally reflecting the national employment landscape for this role.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| Jonesboro, AR Billing and Posting Clerks Salary | $40,100↓ 12% | 64 mi |
| Jackson, TN Billing and Posting Clerks Salary | $41,120↓ 10% | 74 mi |
Comparing salaries near Memphis, TN-MS-AR
Hiring Billing and Posting Clerkss?
Frequently Asked Questions
How much does a Billing and Posting Clerks make in Memphis, TN-MS-AR?
The median annual salary for a Billing and Posting Clerks in Memphis, TN-MS-AR is $45,620. This typically ranges from $34,180 for entry-level positions to $60,640 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Memphis, TN-MS-AR is 7.8% lower than the national median of $49,470.
Is Memphis, TN-MS-AR a lucrative place for Billing and Posting Clerks?
No, it is slightly below the national average.The average salary of $45,620 is less than the national average of $49,470. However, the cost of living is at the national average, meaning the salary's purchasing power is comparable.
Is Memphis, TN-MS-AR a good place to live for Billing and Posting Clerks?
The Cost of Living Index in Memphis, TN-MS-AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Memphis, TN-MS-AR?
Some top paying nearby cities include Jonesboro, AR ($40,100) and Jackson, TN.
How does the Memphis salary compare to the national average?
The average salary for Billing and Posting Clerks in Memphis is $45,620, which is approximately $3,850 less than the national average of $49,470.
What is the cost of living in Memphis, TN-MS-AR?
The cost of living index in Memphis is 100, which is exactly the national average. This means that the general cost of goods and services is neither higher nor lower than the national benchmark.
How many Billing and Posting Clerks are there in Memphis?
There are approximately 1,510 Billing and Posting Clerks employed in the Memphis, TN-MS-AR metropolitan area.
Is the job market for Billing and Posting Clerks strong in Memphis?
The market is stable, with a Location Quotient of 0.9 indicating a concentration slightly below the national average. This suggests a balanced job market with moderate competition.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,510 employees in the Memphis, TN-MS-AR area with a job density of 2.435 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Billing and Posting Clerks Salaries by State
Top Jobs in Memphis, TN-MS-AR
- All Occupations Salary in Memphis, TN-MS-AR
- Transportation and Material Moving Occupations Salary in Memphis, TN-MS-AR
- Office and Administrative Support Occupations Salary in Memphis, TN-MS-AR
- Food Preparation and Serving Related Occupations Salary in Memphis, TN-MS-AR
- Sales and Related Occupations Salary in Memphis, TN-MS-AR
- Healthcare Practitioners and Technical Occupations Salary in Memphis, TN-MS-AR
- Laborers and Freight, Stock, and Material Movers, Hand Salary in Memphis, TN-MS-AR
- Management Occupations Salary in Memphis, TN-MS-AR
- Production Occupations Salary in Memphis, TN-MS-AR
- Business and Financial Operations Occupations Salary in Memphis, TN-MS-AR
- Browse All Jobs in Memphis, TN-MS-AR →
Semantic Salary Analysis for Billing and Posting Clerks • Data source: BLS OEWS 2024 •Jobs in Memphis, TN-MS-AR