Average Billing and Posting Clerks Salary in Minneapolis-St. Paul-Bloomington, MN-WI
Billing and Posting Clerks in the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area earn an average annual salary of $55,500. This figure is notably higher than the national average of $49,470, suggesting that the specific economic conditions and demand within this region contribute to a more favorable compensation landscape for these professionals.
Executive Summary
- Average Salary: $55,500 per year.
- Growth Trend: Salaries have shifted 22.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $70,270.
- Outlook: With a local workforce of 4,570 Billing and Posting Clerks, the Minneapolis-St. Paul area demonstrates a substantial presence of these roles. The Location Quotient of 0.87 indicates a concentration slightly below the national average, implying a stable but not overly saturated market. This suggests a consistent demand for skilled professionals in this sector within the region.
Salary Overview
The average Billing and Posting Clerks in Minneapolis-St. Paul-Bloomington, MN-WI earns+12.2%above the national average.
$26.7
$1,067
$4,625
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Billing and Posting Clerks in Minneapolis-St. Paul have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for administrative support, and the evolving complexity of billing systems.
Billing and Posting Clerks Salary Distribution in Minneapolis-St. Paul-Bloomington, MN-WI
Career progression for Billing and Posting Clerks typically involves a salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior or lead roles command salaries in the higher percentiles. The gap between these salary ranges signifies the value placed on accumulated knowledge, efficiency, and responsibility within the profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $43,700 | $21 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $41,625 | $20 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $55,440 | $26.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $69,375 | $33.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $70,270 | $33.8 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$55,500
Gross Pay
Real Wage (Purchasing Power)
$55,500
Adjusted for COL (100)
The average annual salary of $55,500 in Minneapolis-St. Paul-Bloomington aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power effectively within the region, offering a balanced financial standing for Billing and Posting Clerks.
Job Market Context
4,570
Total Jobs
2.365
Per 1K Jobs
0.87
Location Quotient
Minneapolis-St. Paul-Bloomington, MN-WI has 0.87x 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.
The Location Quotient of 0.87 for Billing and Posting Clerks in Minneapolis-St. Paul-Bloomington suggests that the job market is slightly less concentrated than the national average. This indicates a healthy balance where there are enough professionals to meet demand without an overwhelming surplus, potentially leading to competitive opportunities for qualified candidates.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| Northwest Minnesota nonmetropolitan area Billing and Posting Clerks Salary | $51,030↓ 8% | 58 mi |
| Southeast Minnesota nonmetropolitan area Billing and Posting Clerks Salary | $49,380↓ 11% | 58 mi |
| Southwest Minnesota nonmetropolitan area Billing and Posting Clerks Salary | $49,350↓ 11% | 58 mi |
| Northeast Minnesota nonmetropolitan area Billing and Posting Clerks Salary | $48,840↓ 12% | 58 mi |
| St. Cloud, MN Billing and Posting Clerks Salary | $50,780↓ 9% | 59 mi |
Comparing salaries near Minneapolis-St. Paul-Bloomington, MN-WI
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Frequently Asked Questions
How much does a Billing and Posting Clerks make in Minneapolis-St. Paul-Bloomington, MN-WI?
The median annual salary for a Billing and Posting Clerks in Minneapolis-St. Paul-Bloomington, MN-WI is $55,500. This typically ranges from $43,700 for entry-level positions to $70,270 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Minneapolis-St. Paul-Bloomington, MN-WI is 12.2% higher than the national median of $49,470.
Is Minneapolis-St. Paul-Bloomington, MN-WI a lucrative place for Billing and Posting Clerks?
Yes, it offers competitive compensation.The average salary of $55,500 significantly exceeds the national average, and with a cost of living at the national benchmark, earnings retain strong purchasing power.
Is Minneapolis-St. Paul-Bloomington, MN-WI a good place to live for Billing and Posting Clerks?
The Cost of Living Index in Minneapolis-St. Paul-Bloomington, MN-WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Minneapolis-St. Paul-Bloomington, MN-WI?
Some top paying nearby cities include Northwest Minnesota nonmetropolitan area ($51,030) and Southeast Minnesota nonmetropolitan area.
How does the Minneapolis-St. Paul salary compare to the national average?
Billing and Posting Clerks in Minneapolis-St. Paul earn an average of $55,500 annually, which is approximately $6,030 more than the national average of $49,470.
What is the concentration of Billing and Posting Clerks in this area?
The Location Quotient of 0.87 indicates that Billing and Posting Clerks are slightly less concentrated in Minneapolis-St. Paul compared to the national average, suggesting a stable job market.
How does the cost of living affect the salary in Minneapolis-St. Paul?
With a Cost of Living Index of 100, the Minneapolis-St. Paul area is at the national average. This means the $55,500 salary provides purchasing power equivalent to the national average.
What is the total number of Billing and Posting Clerks in Minneapolis-St. Paul?
There are approximately 4,570 Billing and Posting Clerks employed within the Minneapolis-St. Paul-Bloomington metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,570 employees in the Minneapolis-St. Paul-Bloomington, MN-WI area with a job density of 2.365 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Billing and Posting Clerks • Data source: BLS OEWS 2024 •Jobs in Minneapolis-St. Paul-Bloomington, MN-WI