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Average Billing and Posting Clerks Salary in Mississippi

Billing and Posting Clerks in Mississippi earn an average annual salary of $42,420, which is below the national average of $49,470. This disparity is often influenced by regional economic factors and the overall cost of doing business within the state, which can impact compensation levels for various professional roles.

Executive Summary

  • Average Salary: $42,420 per year.
  • Growth Trend: Salaries have shifted 24.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $57,240.
  • Outlook: With a local workforce of 2,990 Billing and Posting Clerks, Mississippi demonstrates a stable presence in this occupation. The Location Quotient of 0.95 suggests that the concentration of these roles in Mississippi is nearly on par with the national average, indicating a steady demand that aligns with the overall employment landscape.
2024 Market Data

Salary Overview

$42,420

The average Billing and Posting Clerks in Mississippi earns-14.3%below the national average.

BreakdownBased on 40h/week
Hourly

$20.4

Weekly

$816

Monthly

$3,535

Billing and Posting Clerks Salary Distribution in Mississippi

Career progression for Billing and Posting Clerks in Mississippi typically involves a salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command salaries significantly higher than the average. The percentile gaps in earnings clearly signify opportunities for advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$30,090$14.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,815$15.3
ManagerOversees team, compliance, and project delivery.50% (Median)$41,440$19.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$53,025$25.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$57,240$27.5

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$42,420

Gross Pay

Real Wage (Purchasing Power)

$48,927

Adjusted for COL (86.7)

The average annual salary of $42,420 in Mississippi presents a favorable financial situation when considering the local Cost of Living Index of 86.7. This index, being below the national average of 100, suggests that the purchasing power of a Mississippi salary is relatively strong, allowing residents to potentially enjoy a higher standard of living compared to areas with higher living costs.

Job Market Context

2,990

Total Jobs

2.58

Per 1K Jobs

0.95

Location Quotient

Below Average

Mississippi has 0.95x 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 0.95 for Billing and Posting Clerks in Mississippi indicates that the employment concentration for this role is very close to the national average. This suggests a balanced job market where the supply of and demand for these professionals are relatively aligned, without significant over- or under-representation compared to other occupations nationwide.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

CitySalaryDist.
Jackson, MS Billing and Posting Clerks Salary$44,030 4%43 mi

Comparing salaries near Mississippi

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Frequently Asked Questions

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

The median annual salary for a Billing and Posting Clerks in Mississippi is $42,420. This typically ranges from $30,090 for entry-level positions to $57,240 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Mississippi is 14.3% lower than the national median of $49,470.

Is Mississippi a lucrative place for Billing and Posting Clerks?

No, not compared to the national average salary.While the average salary is $42,420, it falls short of the national average. However, the lower cost of living in Mississippi may offset this difference for residents.

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

With a Cost of Living Index of 86.7 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Mississippi?

Some top paying nearby cities include Jackson, MS ($44,030) and others.

How does the number of Billing and Posting Clerks in Mississippi compare nationally?

Mississippi employs 2,990 Billing and Posting Clerks, with 2.58 jobs per 1,000 workers, indicating a presence that is closely aligned with national employment patterns for this role.

What is the significance of the Location Quotient (LQ) for this role in Mississippi?

An LQ of 0.95 means that Billing and Posting Clerk jobs are slightly less concentrated in Mississippi than the national average. This suggests a market that is neither saturated nor exceptionally scarce for these professionals.

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

With a Cost of Living Index of 86.7, Mississippi is more affordable than the national average. This means the $42,420 salary may offer a comparable or even better standard of living than a higher salary in a more expensive state.

What are the typical career paths for Billing and Posting Clerks in Mississippi?

Career paths often involve advancing from entry-level roles to senior positions through demonstrated experience and skill development, leading to increased responsibilities and higher compensation within the field.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,990 employees in the Mississippi area with a job density of 2.58 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.