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Average Billing and Posting Clerks Salary in Missouri

Billing and Posting Clerks in Missouri earn an average annual salary of $45,670, which is slightly below the national average of $49,470. This difference in compensation is often influenced by regional economic factors, including the overall cost of doing business and the demand for specialized administrative roles within the state's diverse industries.

Executive Summary

  • Average Salary: $45,670 per year.
  • Growth Trend: Salaries have shifted 17.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $60,170.
  • Outlook: With a local workforce of 8,690 Billing and Posting Clerks, Missouri demonstrates a stable presence in this occupational category. The Location Quotient of 1.1 indicates a concentration of these roles slightly above the national average, suggesting a steady demand and a robust job market for skilled professionals in this field within the state.
2024 Market Data

Salary Overview

$45,670

The average Billing and Posting Clerks in Missouri earns-7.7%below the national average.

BreakdownBased on 40h/week
Hourly

$22

Weekly

$878

Monthly

$3,806

Billing and Posting Clerks Salary Distribution in Missouri

Career progression for Billing and Posting Clerks in Missouri typically involves a salary increase with experience. Entry-level positions may 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 career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$34,910$16.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$34,253$16.5
ManagerOversees team, compliance, and project delivery.50% (Median)$43,860$21.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$57,088$27.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$60,170$28.9

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$45,670

Gross Pay

Real Wage (Purchasing Power)

$51,663

Adjusted for COL (88.4)

The average annual salary of $45,670 in Missouri presents a favorable financial outlook when considered against the state's Cost of Living Index of 88.4. This index, which is below the national average of 100, suggests that the nominal salary offers a relatively strong purchasing power, allowing residents to potentially enjoy a higher standard of living compared to more expensive regions.

Job Market Context

8,690

Total Jobs

2.979

Per 1K Jobs

1.1

Location Quotient

Above Average

With a location quotient of 1.10, Missouri has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

Missouri's Location Quotient of 1.1 for Billing and Posting Clerks signifies a job market that is slightly more concentrated than the national average. This suggests that while the profession is well-represented, there may be a competitive landscape for new entrants, but also indicates a healthy demand for these essential administrative functions within the state's economy.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Missouri

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Frequently Asked Questions

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

The median annual salary for a Billing and Posting Clerks in Missouri is $45,670. This typically ranges from $34,910 for entry-level positions to $60,170 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Missouri is 7.7% lower than the national median of $49,470.

Is Missouri a lucrative place for Billing and Posting Clerks?

Yes, with a caveat regarding the cost of living.While the average salary is slightly below the national average, Missouri's lower cost of living means your earnings can stretch further. The stable job market concentration also supports consistent employment opportunities.

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

With a Cost of Living Index of 88.4 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Missouri?

Some top paying nearby cities include Jefferson City, MO ($43,340) and Columbia, MO.

How does the Missouri salary compare to the national average?

Billing and Posting Clerks in Missouri earn an average of $45,670 annually, which is approximately $3,800 less than the national average of $49,470.

What is the concentration of Billing and Posting Clerks in Missouri?

Missouri has a Location Quotient of 1.1 for this role, indicating a slightly higher concentration of Billing and Posting Clerks compared to the national average.

How does the cost of living affect salary perception in Missouri?

With a Cost of Living Index of 88.4, Missouri is more affordable than the national average. This means the $45,670 salary offers better purchasing power than it might in a higher-cost state.

What is the total workforce size for this role in Missouri?

There are approximately 8,690 Billing and Posting Clerks employed in Missouri.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,690 employees in the Missouri area with a job density of 2.979 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.