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Average Billing and Posting Clerks Salary in Montana

Billing and Posting Clerks in Montana earn an average annual salary of $45,610, which is slightly below the national average of $49,470. This regional variation in pay is often influenced by a combination of local economic factors, industry demand, and the overall cost of doing business within the state.

Executive Summary

  • Average Salary: $45,610 per year.
  • Growth Trend: Salaries have shifted 23.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $58,070.
  • Outlook: With a local workforce of 1,760 Billing and Posting Clerks, Montana demonstrates a notable concentration of these roles, as indicated by a Location Quotient of 1.27. This suggests that the demand for these administrative positions is higher in Montana relative to the national average, pointing towards a stable and potentially growing job market for these professionals within the state.
2024 Market Data

Salary Overview

$45,610

The average Billing and Posting Clerks in Montana earns-7.8%below the national average.

BreakdownBased on 40h/week
Hourly

$21.9

Weekly

$877

Monthly

$3,801

Billing and Posting Clerks Salary Distribution in Montana

The career trajectory for Billing and Posting Clerks typically involves salary increases with accumulated experience. Entry-level positions may start at a lower percentile, while senior clerks with extensive expertise and specialized skills can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies significant opportunities for career progression and increased earning potential within this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,860$17.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$34,208$16.4
ManagerOversees team, compliance, and project delivery.50% (Median)$45,360$21.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$57,013$27.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$58,070$27.9

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$45,610

Gross Pay

Real Wage (Purchasing Power)

$42,666

Adjusted for COL (106.9)

A nominal salary of $45,610 in Montana needs to be viewed in the context of its Cost of Living Index of 106.9. This index, being slightly above the national average of 100, suggests that while the salary is below the national average, the cost of living is also only marginally higher. Therefore, the purchasing power of a Billing and Posting Clerk's salary in Montana is likely to be relatively stable compared to national benchmarks.

Job Market Context

1,760

Total Jobs

3.451

Per 1K Jobs

1.27

Location Quotient

Above Average

With a location quotient of 1.27, Montana has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

The Location Quotient of 1.27 for Billing and Posting Clerks in Montana indicates a higher concentration of these jobs compared to the national average. This suggests that the job market in Montana is more specialized or has a greater demand for these roles relative to its overall workforce size, potentially offering more opportunities and a competitive environment for skilled professionals.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Montana

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Frequently Asked Questions

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

The median annual salary for a Billing and Posting Clerks in Montana is $45,610. This typically ranges from $35,860 for entry-level positions to $58,070 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Montana is 7.8% lower than the national median of $49,470.

Is Montana a lucrative place for Billing and Posting Clerks?

No, not significantly more lucrative than the national average.While Montana has a higher concentration of these roles, the average salary is below the national average, and the cost of living is only slightly higher, making it comparable rather than exceptionally lucrative.

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

The Cost of Living Index in Montana is 106.9. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Montana?

Some top paying nearby cities include Great Falls, MT ($44,960) and Helena, MT.

How does Montana's cost of living affect Billing and Posting Clerk salaries?

Montana's Cost of Living Index is 106.9, slightly above the national average. This means that the $45,610 average salary for Billing and Posting Clerks may have slightly less purchasing power than a similar salary in a lower-cost state, but it is relatively in line with the cost of living.

What is the job outlook for Billing and Posting Clerks in Montana?

The job outlook appears stable to positive, with a Location Quotient of 1.27 indicating a higher concentration of these roles than the national average. This suggests consistent demand within the state.

How many Billing and Posting Clerks are there in Montana?

There are approximately 1,760 Billing and Posting Clerks employed in Montana, representing 3.451 jobs per 1,000 workers in the state.

Does experience significantly impact a Billing and Posting Clerk's salary in Montana?

Yes, experience is a key factor in salary progression. Entry-level positions will earn less, while senior Billing and Posting Clerks with extensive experience and specialized skills can expect to earn considerably more, moving into higher salary percentiles.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,760 employees in the Montana area with a job density of 3.451 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.