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Average Billing and Posting Clerks Salary in North Arkansas nonmetropolitan area

Billing and Posting Clerks in the North Arkansas nonmetropolitan area earn an average annual salary of $41,530. This figure is notably below the national average of $49,470, reflecting regional economic factors and potentially a different demand structure. The lower average pay is often influenced by the cost of labor and the specific industry mix prevalent in nonmetropolitan regions.

Executive Summary

  • Average Salary: $41,530 per year.
  • Growth Trend: Salaries have shifted 33.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $54,360.
  • Outlook: The job market for Billing and Posting Clerks in North Arkansas appears stable, with a local workforce of 390 individuals. The Location Quotient of 1.2 indicates a slightly higher concentration of these roles compared to the national average, suggesting a consistent, albeit not booming, demand within the region. With 3.262 jobs per 1,000 workers, the presence of these clerks is integral to the local administrative infrastructure.
2024 Market Data

Salary Overview

$41,530

The average Billing and Posting Clerks in North Arkansas nonmetropolitan area earns-16.1%below the national average.

BreakdownBased on 40h/week
Hourly

$20

Weekly

$799

Monthly

$3,461

Billing and Posting Clerks Salary Distribution in North Arkansas nonmetropolitan area

Career progression for Billing and Posting Clerks typically involves a salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command higher salaries. The percentile gaps in salary distribution signify opportunities for advancement and increased earning potential as professionals develop their expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$30,160$14.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,148$15
ManagerOversees team, compliance, and project delivery.50% (Median)$37,760$18.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$51,913$25
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$54,360$26.1

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$41,530

Gross Pay

Real Wage (Purchasing Power)

$41,530

Adjusted for COL (100)

The nominal average salary of $41,530 in North Arkansas aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a Billing and Posting Clerk's salary in this region is equivalent to that of their national counterpart. While the salary is lower than the national average, the stable cost of living suggests that the take-home pay offers comparable living standards.

Job Market Context

390

Total Jobs

3.262

Per 1K Jobs

1.2

Location Quotient

Above Average

With a location quotient of 1.20, North Arkansas nonmetropolitan area has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

With a Location Quotient of 1.2, North Arkansas nonmetropolitan area shows a concentration of Billing and Posting Clerk roles that is 20% higher than the national average. This suggests that the job market here is relatively more robust or specialized in administrative support functions compared to other regions. While not an extremely high concentration, it indicates a steady demand and a slightly more competitive landscape for these positions within the local economy.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near North Arkansas nonmetropolitan area

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in North Arkansas nonmetropolitan area?

The median annual salary for a Billing and Posting Clerks in North Arkansas nonmetropolitan area is $41,530. This typically ranges from $30,160 for entry-level positions to $54,360 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in North Arkansas nonmetropolitan area is 16.1% lower than the national median of $49,470.

Is North Arkansas nonmetropolitan area a lucrative place for Billing and Posting Clerks?

No, not particularly lucrative compared to national averages.The average salary of $41,530 is significantly lower than the national average of $49,470. However, the cost of living is also at the national average, meaning the lower salary offers comparable purchasing power locally.

Is North Arkansas nonmetropolitan area a good place to live for Billing and Posting Clerks?

The Cost of Living Index in North Arkansas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near North Arkansas nonmetropolitan area?

Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($42,010) and Hot Springs, AR.

How does the North Arkansas salary compare to the national average?

The average annual salary for Billing and Posting Clerks in North Arkansas is $41,530, which is below the national average of $49,470.

What is the cost of living in North Arkansas for Billing and Posting Clerks?

The cost of living in the North Arkansas nonmetropolitan area is at the national average of 100, meaning your salary has comparable purchasing power to the national average.

Is there high demand for Billing and Posting Clerks in North Arkansas?

The Location Quotient of 1.2 suggests a slightly higher concentration of these roles than the national average, indicating a stable and consistent demand within the region.

How many Billing and Posting Clerks are there in North Arkansas?

There are approximately 390 Billing and Posting Clerks employed in the North Arkansas nonmetropolitan area, representing 3.262 jobs per 1,000 workers.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 390 employees in the North Arkansas nonmetropolitan area area with a job density of 3.262 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.