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Average Billing and Posting Clerks Salary in Mid Michigan nonmetropolitan area

Billing and Posting Clerks in the Mid Michigan nonmetropolitan area earn an average annual salary of $43,970. This figure is notably below the national average of $49,470, reflecting the economic dynamics and potentially lower demand for specialized administrative roles in nonmetropolitan regions. Factors such as the local industry mix and overall economic activity in these areas often influence compensation levels for clerical positions.

Executive Summary

  • Average Salary: $43,970 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $55,440.
  • Outlook: With a total local workforce of 370 Billing and Posting Clerks, the Mid Michigan nonmetropolitan area presents a modest employment landscape for this profession. The Location Quotient of 0.9 indicates a concentration slightly below the national average, suggesting that while the role is present, it is not a dominant sector within the local economy. The rate of 2.438 jobs per 1,000 workers further underscores a stable but not rapidly expanding market for these clerks.
2024 Market Data

Salary Overview

$43,970

The average Billing and Posting Clerks in Mid Michigan nonmetropolitan area earns-11.1%below the national average.

BreakdownBased on 40h/week
Hourly

$21.1

Weekly

$846

Monthly

$3,664

Billing and Posting Clerks Salary Distribution in Mid Michigan nonmetropolitan area

Career progression for Billing and Posting Clerks typically involves a salary increase with accumulated experience. Entry-level positions often start at the lower end of the pay scale, while senior clerks with extensive expertise in billing systems, collections, and financial reconciliation can command significantly higher salaries. The percentile gaps in earnings clearly signify the career trajectory and the financial rewards associated with developing specialized skills and taking on greater responsibilities within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$33,560$16.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$32,978$15.9
ManagerOversees team, compliance, and project delivery.50% (Median)$43,660$21
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$54,963$26.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$55,440$26.7

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$43,970

Gross Pay

Real Wage (Purchasing Power)

$43,970

Adjusted for COL (100)

The nominal average annual salary of $43,970 in the Mid Michigan nonmetropolitan area aligns precisely 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 this region is equivalent to the national average. While the salary is lower than the national average, the cost of living being at par suggests that the real value of the earnings is maintained, making it neither exceptionally advantageous nor disadvantageous from a cost-of-living perspective.

Job Market Context

370

Total Jobs

2.438

Per 1K Jobs

0.9

Location Quotient

Below Average

Mid Michigan nonmetropolitan area 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.

A Location Quotient of 0.9 for Billing and Posting Clerks in the Mid Michigan nonmetropolitan area indicates a job market concentration that is just slightly below the national average. This suggests that the demand for these professionals is relatively balanced with the national trend, neither exceptionally high nor low. The market is neither oversaturated nor critically undersupplied, implying a stable environment for job seekers and employers alike.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Mid Michigan nonmetropolitan area

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

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

The median annual salary for a Billing and Posting Clerks in Mid Michigan nonmetropolitan area is $43,970. This typically ranges from $33,560 for entry-level positions to $55,440 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Mid Michigan nonmetropolitan area is 11.1% lower than the national median of $49,470.

Is Mid Michigan nonmetropolitan area a lucrative place for Billing and Posting Clerks?

No, it is not exceptionally lucrative compared to the national average.The average salary of $43,970 is below the national average, although the cost of living is also at the national average, mitigating the impact on purchasing power.

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

The Cost of Living Index in Mid Michigan nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Mid Michigan nonmetropolitan area?

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

How does the local workforce size affect job prospects?

A local workforce of 370 Billing and Posting Clerks suggests a moderate-sized job market. While not a large concentration, it indicates consistent demand for these roles within the region.

What does a Location Quotient of 0.9 mean for job seekers?

A Location Quotient of 0.9 signifies that Billing and Posting Clerk roles are slightly less concentrated than the national average. This could mean fewer job openings but potentially less competition for available positions.

How does the cost of living impact the $43,970 salary?

With a Cost of Living Index of 100, the $43,970 salary has the same purchasing power as the national average. This means that while the nominal salary is lower, the expenses in Mid Michigan are comparable to the rest of the country.

Are there significant opportunities for career advancement for Billing and Posting Clerks in this area?

While the data doesn't specify advancement opportunities, the presence of a stable workforce and the typical salary progression based on experience suggest that dedicated clerks can advance their careers and earning potential within the region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 370 employees in the Mid Michigan nonmetropolitan area area with a job density of 2.438 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.