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Average Billing and Posting Clerks Salary in New York

Billing and Posting Clerks in New York earn an impressive average annual salary of $56,470, significantly outpacing the national average of $49,470. This elevated compensation is largely driven by New York's dynamic economic landscape and the higher operational costs associated with doing business in the state, necessitating competitive pay to attract and retain skilled administrative professionals.

Executive Summary

  • Average Salary: $56,470 per year.
  • Growth Trend: Salaries have shifted 22.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $76,700.
  • Outlook: New York boasts a substantial workforce of 31,720 Billing and Posting Clerks, with a location quotient of 1.23, indicating a higher concentration of these roles compared to the national average. This suggests a robust and active job market for these professionals within the state, pointing towards consistent demand and a healthy ecosystem for administrative support roles.
2024 Market Data

Salary Overview

$56,470

The average Billing and Posting Clerks in New York earns+14.1%above the national average.

BreakdownBased on 40h/week
Hourly

$27.2

Weekly

$1,086

Monthly

$4,706

Billing and Posting Clerks Salary Distribution in New York

Career progression for Billing and Posting Clerks in New York typically sees a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior or lead clerk roles can command salaries well into the higher percentiles, reflecting increased responsibility, specialized knowledge, and proven performance. The gap between entry-level and senior roles signifies a clear path for career advancement and earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$39,150$18.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$42,353$20.4
ManagerOversees team, compliance, and project delivery.50% (Median)$51,620$24.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$70,588$33.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$76,700$36.9

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$56,470

Gross Pay

Real Wage (Purchasing Power)

$45,140

Adjusted for COL (125.1)

The nominal average salary of $56,470 in New York presents a mixed picture when considering the state's cost of living index of 125.1. While the salary is notably higher than the national average, the elevated cost of living means that the purchasing power of this salary may be somewhat diminished compared to lower-cost regions. Careful budgeting is essential for professionals in this role.

Job Market Context

31,720

Total Jobs

3.324

Per 1K Jobs

1.23

Location Quotient

Above Average

With a location quotient of 1.23, New York has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

With a location quotient of 1.23, New York demonstrates a concentration of Billing and Posting Clerk positions that is 23% higher than the national average. This suggests a more competitive job market with potentially more opportunities but also a greater pool of qualified candidates vying for these roles, making it a moderately abundant yet competitive environment.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near New York

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Frequently Asked Questions

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

The median annual salary for a Billing and Posting Clerks in New York is $56,470. This typically ranges from $39,150 for entry-level positions to $76,700 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York is 14.1% higher than the national median of $49,470.

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

Yes, New York offers a lucrative environment for Billing and Posting Clerks.The average salary of $56,470 is substantially higher than the national average, reflecting the state's economic demands. However, the higher cost of living requires careful financial management to maximize this earning potential.

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

The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New York?

Some top paying nearby cities include Binghamton, NY ($46,830) and Kingston, NY.

How many Billing and Posting Clerks are there in New York?

New York employs a significant workforce of 31,720 Billing and Posting Clerks, indicating a substantial presence of this profession within the state's economy.

What does the Location Quotient of 1.23 mean for Billing and Posting Clerks in New York?

A location quotient of 1.23 signifies that Billing and Posting Clerk jobs are 23% more concentrated in New York than the national average, suggesting a stronger demand and a more established presence of these roles.

How does the Cost of Living in New York affect the Billing and Posting Clerk salary?

The cost of living index in New York is 125.1, meaning it's 25.1% more expensive than the national average. This higher cost of living is a key factor contributing to the elevated average salary for Billing and Posting Clerks.

What is the average number of Billing and Posting Clerk jobs per 1,000 workers in New York?

In New York, there are approximately 3.324 Billing and Posting Clerk jobs for every 1,000 workers, highlighting the relative prevalence of these administrative positions within the state's labor market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 31,720 employees in the New York area with a job density of 3.324 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.