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Average Billing and Posting Clerks Salary in Michigan

Billing and Posting Clerks in Michigan earn an average annual salary of $46,590. This figure is slightly below the national average of $49,470, indicating a localized compensation trend. Factors such as the state's economic landscape and the specific demand for these roles within Michigan contribute to this salary differential.

Executive Summary

  • Average Salary: $46,590 per year.
  • Growth Trend: Salaries have shifted 16.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $59,560.
  • Outlook: With a substantial local workforce of 14,340 Billing and Posting Clerks, Michigan demonstrates a significant presence in this occupational category. The Location Quotient of 1.21 suggests that this role is more concentrated in Michigan than the national average, implying a robust demand and a potentially stable job market for these professionals within the state.
2024 Market Data

Salary Overview

$46,590

The average Billing and Posting Clerks in Michigan earns-5.8%below the national average.

BreakdownBased on 40h/week
Hourly

$22.4

Weekly

$896

Monthly

$3,883

Billing and Posting Clerks Salary Distribution in Michigan

Career progression for Billing and Posting Clerks in Michigan typically involves salary increases tied to experience. Entry-level positions may start at a lower percentile, while senior clerks with extensive experience and specialized skills can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies clear opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,840$17.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$34,943$16.8
ManagerOversees team, compliance, and project delivery.50% (Median)$46,070$22.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$58,238$28
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$59,560$28.6

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$46,590

Gross Pay

Real Wage (Purchasing Power)

$51,424

Adjusted for COL (90.6)

The average annual salary of $46,590 in Michigan presents a favorable financial standing when considering the state's Cost of Living Index of 90.6. This index is below the national average of 100, meaning that the purchasing power of the salary is likely higher than the nominal amount suggests, offering a good quality of life relative to expenses.

Job Market Context

14,340

Total Jobs

3.267

Per 1K Jobs

1.21

Location Quotient

Above Average

With a location quotient of 1.21, Michigan has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

A Location Quotient of 1.21 for Billing and Posting Clerks in Michigan indicates a higher concentration of these jobs compared to the national average. This suggests that the job market in Michigan is more specialized or has a greater demand for these roles relative to its overall workforce size, potentially leading to more opportunities and a competitive environment for skilled professionals.

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Comparing salaries near Michigan

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Frequently Asked Questions

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

The median annual salary for a Billing and Posting Clerks in Michigan is $46,590. This typically ranges from $35,840 for entry-level positions to $59,560 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Michigan is 5.8% lower than the national median of $49,470.

Is Michigan a lucrative place for Billing and Posting Clerks?

Yes, with a favorable cost of living.While the average salary is slightly below the national average, Michigan's lower cost of living index means your earnings can go further. The strong concentration of these roles also suggests good job availability.

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

With a Cost of Living Index of 90.6 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Michigan?

Some top paying nearby cities include Midland, MI ($45,080) and Saginaw, MI.

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

The average annual salary for Billing and Posting Clerks in Michigan is $46,590, which is slightly lower than the national average of $49,470.

What is the concentration of Billing and Posting Clerk jobs in Michigan?

Michigan has a Location Quotient of 1.21 for Billing and Posting Clerks, indicating that the job concentration is higher than the national average.

How does the cost of living in Michigan affect the salary of a Billing and Posting Clerk?

With a Cost of Living Index of 90.6 (below the national average of 100), the $46,590 salary in Michigan offers a relatively good purchasing power.

What is the total number of Billing and Posting Clerks employed in Michigan?

There are approximately 14,340 Billing and Posting Clerks employed in Michigan.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 14,340 employees in the Michigan area with a job density of 3.267 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.