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Average Billing and Posting Clerks Salary in Northeast Iowa nonmetropolitan area

Billing and Posting Clerks in Northeast Iowa's nonmetropolitan area earn an average annual salary of $41,870. This figure is notably below the national average of $49,470, reflecting regional economic factors and potentially a lower demand for specialized administrative roles in less densely populated areas. The local pay scale is thus influenced by the specific economic landscape of this part of Iowa.

Executive Summary

  • Average Salary: $41,870 per year.
  • Growth Trend: Salaries have shifted 5.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $53,120.
  • Outlook: With a local workforce of 270 Billing and Posting Clerks, the job market in Northeast Iowa's nonmetropolitan area shows a stable, albeit modest, presence. The Location Quotient of 1.0 indicates that the concentration of these roles aligns precisely with the national average, suggesting neither an oversupply nor a significant undersupply of professionals in this sector within the region.
2024 Market Data

Salary Overview

$41,870

The average Billing and Posting Clerks in Northeast Iowa nonmetropolitan area earns-15.4%below the national average.

BreakdownBased on 40h/week
Hourly

$20.1

Weekly

$805

Monthly

$3,489

Billing and Posting Clerks Salary Distribution in Northeast Iowa nonmetropolitan area

Career progression for Billing and Posting Clerks typically involves moving from entry-level positions to more senior roles, which naturally commands higher compensation. While specific percentile data isn't available, the salary spectrum likely widens significantly for experienced professionals who possess advanced skills in billing systems, account reconciliation, and financial reporting, with higher percentiles reflecting greater expertise and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$20,800$10
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,403$15.1
ManagerOversees team, compliance, and project delivery.50% (Median)$40,930$19.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$52,338$25.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$53,120$25.5

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$41,870

Gross Pay

Real Wage (Purchasing Power)

$41,870

Adjusted for COL (100)

The average annual salary of $41,870 in Northeast Iowa's nonmetropolitan area is positioned directly against a Cost of Living Index of 100, which represents the national average. This means that while the nominal income is lower than the national average, the purchasing power of that income locally is equivalent to the national standard, suggesting that the lower salary is balanced by more affordable living expenses.

Job Market Context

270

Total Jobs

2.709

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Northeast Iowa nonmetropolitan area has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

A Location Quotient of 1.0 for Billing and Posting Clerks in Northeast Iowa's nonmetropolitan area signifies that the proportion of these jobs relative to the total workforce is exactly in line with the national average. This suggests a balanced market where the demand for these professionals is neither exceptionally high nor particularly low compared to the rest of the country, indicating a stable employment environment.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Northeast Iowa nonmetropolitan area

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Northeast Iowa nonmetropolitan area?

The median annual salary for a Billing and Posting Clerks in Northeast Iowa nonmetropolitan area is $41,870. This typically ranges from $20,800 for entry-level positions to $53,120 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northeast Iowa nonmetropolitan area is 15.4% lower than the national median of $49,470.

Is Northeast Iowa nonmetropolitan area a lucrative place for Billing and Posting Clerks?

No, it is not a particularly lucrative place for Billing and Posting Clerks.The average salary of $41,870 is significantly below the national average, although the cost of living is on par with the national average. This indicates that while expenses are manageable, the earning potential is lower compared to national benchmarks.

Is Northeast Iowa nonmetropolitan area a good place to live for Billing and Posting Clerks?

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

Where are the highest paying cities near Northeast Iowa nonmetropolitan area?

Some top paying nearby cities include Ames, IA ($45,530) and Des Moines-West Des Moines, IA.

How does the local salary compare to the national average?

The average annual salary for Billing and Posting Clerks in Northeast Iowa's nonmetropolitan area is $41,870, which is $7,600 less than the national average of $49,470.

What is the concentration of Billing and Posting Clerks in this region?

The concentration, measured by the Location Quotient, is 1.0, indicating that the proportion of Billing and Posting Clerks in Northeast Iowa's nonmetropolitan area is the same as the national average.

How does the cost of living affect the salary?

With a Cost of Living Index of 100, the local cost of living is exactly at the national average. This means the $41,870 salary offers purchasing power equivalent to the national average, despite being a lower nominal figure.

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

There are approximately 270 Billing and Posting Clerks employed in the Northeast Iowa nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the Northeast Iowa nonmetropolitan area area with a job density of 2.709 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.