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Average Billing and Posting Clerks Salary in New York-Newark-Jersey City, NY-NJ

Billing and Posting Clerks in the New York-Newark-Jersey City, NY-NJ metropolitan area earn an impressive average annual salary of $58,670. This figure significantly surpasses the national average of $49,470, indicating a strong demand and higher compensation for these roles within this dynamic economic hub. The robust local economy and concentration of businesses likely contribute to this elevated pay scale.

Executive Summary

  • Average Salary: $58,670 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $78,490.
  • Outlook: With a substantial local workforce of 29,120 Billing and Posting Clerks and a Location Quotient of 1.15, the job market in New York-Newark-Jersey City demonstrates a healthy concentration of these professionals. This indicates that the area is not only a significant employer of these roles but also has a slightly higher prevalence than the national average, suggesting a stable and potentially growing demand for skilled billing and posting personnel.
2024 Market Data

Salary Overview

$58,670

The average Billing and Posting Clerks in New York-Newark-Jersey City, NY-NJ earns+18.6%above the national average.

BreakdownBased on 40h/week
Hourly

$28.2

Weekly

$1,128

Monthly

$4,889

Billing and Posting Clerks Salary Distribution in New York-Newark-Jersey City, NY-NJ

Experience plays a crucial role in the earning potential for Billing and Posting Clerks. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive experience and specialized skills can expect to earn significantly more. The percentile gaps in salary distribution clearly signify opportunities for career progression and increased earning power as one advances in their career.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$41,390$19.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$44,003$21.2
ManagerOversees team, compliance, and project delivery.50% (Median)$55,830$26.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$73,338$35.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$78,490$37.7

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$58,670

Gross Pay

Real Wage (Purchasing Power)

$58,670

Adjusted for COL (100)

The average annual salary of $58,670 for Billing and Posting Clerks in New York-Newark-Jersey City aligns perfectly with the national Cost of Living Index of 100. This means that while the nominal salary is higher than the national average, the purchasing power of that salary is comparable to the national average, as the cost of goods and services in the area is not elevated relative to the rest of the country.

Job Market Context

29,120

Total Jobs

3.11

Per 1K Jobs

1.15

Location Quotient

Above Average

With a location quotient of 1.15, New York-Newark-Jersey City, NY-NJ has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

A Location Quotient of 1.15 signifies that Billing and Posting Clerks are 15% more concentrated in the New York-Newark-Jersey City area than in the nation as a whole. This suggests a competitive yet robust job market where the demand for these skills is slightly higher than the national average, offering ample opportunities for qualified individuals.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

CitySalaryDist.
Kiryas Joel-Poughkeepsie-Newburgh, NY Billing and Posting Clerks Salary$51,850↓ 12%44 mi
Trenton-Princeton, NJ Billing and Posting Clerks Salary$52,510↓ 10%52 mi
Bridgeport-Stamford-Danbury, CT Billing and Posting Clerks Salary$55,160↓ 6%54 mi
New Haven, CT Billing and Posting Clerks Salary$62,420↑ 6%70 mi
Waterbury-Shelton, CT Billing and Posting Clerks Salary$51,400↓ 12%77 mi

Comparing salaries near New York-Newark-Jersey City, NY-NJ

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in New York-Newark-Jersey City, NY-NJ?

The median annual salary for a Billing and Posting Clerks in New York-Newark-Jersey City, NY-NJ is $58,670. This typically ranges from $41,390 for entry-level positions to $78,490 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York-Newark-Jersey City, NY-NJ is 18.6% higher than the national median of $49,470.

Is New York-Newark-Jersey City, NY-NJ a lucrative place for Billing and Posting Clerks?

Yes, it is a lucrative place for Billing and Posting Clerks.The average salary of $58,670 is significantly higher than the national average, and the cost of living is on par with the national average, offering strong purchasing power.

Is New York-Newark-Jersey City, NY-NJ a good place to live for Billing and Posting Clerks?

The Cost of Living Index in New York-Newark-Jersey City, NY-NJ is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New York-Newark-Jersey City, NY-NJ?

Some top paying nearby cities include Kiryas Joel-Poughkeepsie-Newburgh, NY ($51,850) and Trenton-Princeton, NJ.

How does the salary compare to the national average?

The average salary for Billing and Posting Clerks in New York-Newark-Jersey City is $58,670, which is notably higher than the national average of $49,470.

What is the total number of Billing and Posting Clerks in this area?

There are approximately 29,120 Billing and Posting Clerks employed in the New York-Newark-Jersey City metropolitan area.

Is the job market for Billing and Posting Clerks saturated in this region?

With a Location Quotient of 1.15, the market is slightly more concentrated than the national average, indicating a healthy demand rather than saturation.

How does the cost of living affect the salary?

The cost of living in New York-Newark-Jersey City is at the national average (100), meaning the higher nominal salary of $58,670 translates to comparable purchasing power to the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 29,120 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 3.11 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in New York-Newark-Jersey City, NY-NJ

Semantic Salary Analysis for Billing and Posting Clerks • Data source: BLS OEWS 2024 •Jobs in New York-Newark-Jersey City, NY-NJ