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Average Billing and Posting Clerks Salary in Merced, CA

Billing and Posting Clerks in Merced, CA, earn an average annual salary of $48,370. This figure is slightly below the national average of $49,470, suggesting that local economic factors and the specific demand within the Merced area influence compensation for this role. While the difference is marginal, it highlights the importance of understanding regional market dynamics.

Executive Summary

  • Average Salary: $48,370 per year.
  • Growth Trend: Salaries have shifted 13.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $61,500.
  • Outlook: With a total local workforce of 220 Billing and Posting Clerks, Merced, CA, presents a stable, albeit not exceptionally large, employment landscape for this profession. The Location Quotient of 1.04 indicates a concentration of these roles that is very close to the national average, suggesting a balanced demand relative to the national distribution of this occupation.
2024 Market Data

Salary Overview

$48,370

The average Billing and Posting Clerks in Merced, CA earns-2.2%below the national average.

BreakdownBased on 40h/week
Hourly

$23.3

Weekly

$930

Monthly

$4,031

Billing and Posting Clerks Salary Distribution in Merced, CA

Career progression for Billing and Posting Clerks typically involves moving from entry-level positions, which command lower salaries, to more senior roles with greater responsibilities and higher pay. The salary distribution, with experienced professionals earning significantly more than novices, reflects this upward mobility and the value placed on accumulated expertise and efficiency in billing and posting processes.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,070$17.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$36,278$17.4
ManagerOversees team, compliance, and project delivery.50% (Median)$47,420$22.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$60,463$29.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$61,500$29.6

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$48,370

Gross Pay

Real Wage (Purchasing Power)

$48,370

Adjusted for COL (100)

The average annual salary of $48,370 in Merced, CA, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Billing and Posting Clerk's salary in Merced is equivalent to that of their national counterparts, offering a stable financial standing relative to the cost of goods and services.

Job Market Context

220

Total Jobs

2.809

Per 1K Jobs

1.04

Location Quotient

Above Average

With a location quotient of 1.04, Merced, CA has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

A Location Quotient of 1.04 for Billing and Posting Clerks in Merced, CA, signifies that the concentration of these jobs in the area is slightly above the national average. This suggests a healthy, well-established market for these professionals, indicating consistent demand without an overwhelming surplus of candidates, making it a moderately competitive environment.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Merced, CA

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Merced, CA?

The median annual salary for a Billing and Posting Clerks in Merced, CA is $48,370. This typically ranges from $36,070 for entry-level positions to $61,500 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Merced, CA is 2.2% lower than the national median of $49,470.

Is Merced, CA a lucrative place for Billing and Posting Clerks?

Yes, it offers comparable earning potential to the national average.Merced, CA, provides an average salary of $48,370, which is nearly on par with the national average, and a Cost of Living Index of 100, indicating that your earnings will have equivalent purchasing power.

Is Merced, CA a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Merced, CA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Merced, CA?

Some top paying nearby cities include Modesto, CA ($48,630) and Fresno, CA.

How does Merced's salary for Billing and Posting Clerks compare to the national average?

The average annual salary for Billing and Posting Clerks in Merced, CA, is $48,370, which is slightly lower than the national average of $49,470.

What is the concentration of Billing and Posting Clerks in Merced, CA?

Merced, CA, has a Location Quotient of 1.04 for Billing and Posting Clerks, indicating a concentration that is slightly higher than the national average.

How does the Cost of Living in Merced, CA affect salary perception?

With a Cost of Living Index of 100, Merced's cost of living is exactly at the national average, meaning the $48,370 salary offers purchasing power equivalent to the national average.

What does the workforce size of 220 imply for job seekers?

A workforce of 220 suggests a stable job market for Billing and Posting Clerks in Merced, CA, with consistent opportunities available without extreme competition.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Merced, CA area with a job density of 2.809 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.