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Average Billing and Posting Clerks Salary in New Hampshire

Billing and Posting Clerks in New Hampshire earn an average annual salary of $51,080, surpassing the national average of $49,470. This slight pay premium is often influenced by the state's unique economic landscape and potentially higher operational costs for businesses within the region.

Executive Summary

  • Average Salary: $51,080 per year.
  • Growth Trend: Salaries have shifted 19.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $61,690.
  • Outlook: With a local workforce of 1,470 Billing and Posting Clerks, New Hampshire presents a stable, albeit not exceptionally concentrated, job market for this role. The Location Quotient of 0.79 suggests that while the profession is present, it's slightly less concentrated than the national average, indicating a steady demand that aligns with the overall workforce size.
2024 Market Data

Salary Overview

$51,080

The average Billing and Posting Clerks in New Hampshire earns+3.3%above the national average.

BreakdownBased on 40h/week
Hourly

$24.6

Weekly

$982

Monthly

$4,257

Billing and Posting Clerks Salary Distribution in New Hampshire

Career progression for Billing and Posting Clerks in New Hampshire typically involves a salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior clerks with extensive experience and specialized skills can command salaries in the higher percentiles, reflecting increased responsibility and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$39,990$19.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$38,310$18.4
ManagerOversees team, compliance, and project delivery.50% (Median)$49,640$23.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$63,850$30.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$61,690$29.7

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$51,080

Gross Pay

Real Wage (Purchasing Power)

$44,187

Adjusted for COL (115.6)

While the average salary of $51,080 in New Hampshire is favorable compared to the national average, the local Cost of Living Index stands at 115.6, which is 15.6% above the national average. This means that despite earning more nominally, the purchasing power of a Billing and Posting Clerk's salary in New Hampshire may be slightly diminished when accounting for the higher cost of goods and services.

Job Market Context

1,470

Total Jobs

2.147

Per 1K Jobs

0.79

Location Quotient

Below Average

New Hampshire has 0.79x 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 0.79 for Billing and Posting Clerks in New Hampshire indicates that the profession is slightly underrepresented compared to the national average. This suggests a moderately competitive job market where demand is present but not overwhelmingly high, offering potential opportunities for skilled individuals without extreme competition.

Nearby Job Markets

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Frequently Asked Questions

How much does a Billing and Posting Clerks make in New Hampshire?

The median annual salary for a Billing and Posting Clerks in New Hampshire is $51,080. This typically ranges from $39,990 for entry-level positions to $61,690 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Hampshire is 3.3% higher than the national median of $49,470.

Is New Hampshire a lucrative place for Billing and Posting Clerks?

Yes, with caveats.The average salary is higher than the national average, but the cost of living is also significantly above the national average, impacting real purchasing power.

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

The Cost of Living Index in New Hampshire is 115.6. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New Hampshire?

Some top paying nearby cities include Manchester-Nashua, NH ($50,180) and Portland-South Portland, ME.

What is the average salary for a Billing and Posting Clerk in New Hampshire?

The average annual salary for a Billing and Posting Clerk in New Hampshire is $51,080.

How does New Hampshire's salary for this role compare to the national average?

Billing and Posting Clerks in New Hampshire earn approximately $1,610 more per year on average than their national counterparts.

Is the job market for Billing and Posting Clerks strong in New Hampshire?

The market is stable with a workforce of 1,470, and a Location Quotient of 0.79 suggests steady demand without excessive concentration.

How does the cost of living affect the salary in New Hampshire?

New Hampshire's cost of living is 15.6% higher than the national average, meaning the higher nominal salary doesn't translate to proportionally higher purchasing power.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,470 employees in the New Hampshire area with a job density of 2.147 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.