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Average Billing and Posting Clerks Salary in Northern Indiana nonmetropolitan area

Billing and Posting Clerks in Northern Indiana's nonmetropolitan area earn an average annual salary of $42,900. This figure is notably below the national average of $49,470, reflecting regional economic factors and a lower concentration of these specialized roles. The specific pay scale in this area is influenced by the local demand and the overall economic landscape outside of major metropolitan hubs.

Executive Summary

  • Average Salary: $42,900 per year.
  • Growth Trend: Salaries have shifted 15.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $58,000.
  • Outlook: The job market for Billing and Posting Clerks in Northern Indiana's nonmetropolitan area appears stable, with a local workforce of 340 professionals. The Location Quotient of 0.59 indicates a lower concentration of these roles compared to the national average, suggesting a potentially less saturated but also less robust demand. While the number of jobs per 1,000 workers (1.604) provides a baseline, the lower LQ points to a market that may not be rapidly expanding for this specific occupation.
2024 Market Data

Salary Overview

$42,900

The average Billing and Posting Clerks in Northern Indiana nonmetropolitan area earns-13.3%below the national average.

BreakdownBased on 40h/week
Hourly

$20.6

Weekly

$825

Monthly

$3,575

Billing and Posting Clerks Salary Distribution in Northern Indiana nonmetropolitan area

Career progression for Billing and Posting Clerks typically involves increased responsibility and specialized skills, leading to higher compensation. Entry-level positions often start at the lower end of the salary spectrum, while senior clerks with extensive experience and a proven track record can command significantly higher pay. The percentile gaps in salary distribution, though not explicitly detailed here, would signify the earning potential as one advances from a junior to a lead or supervisory role within the billing and posting function.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$31,420$15.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$32,175$15.5
ManagerOversees team, compliance, and project delivery.50% (Median)$41,350$19.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$53,625$25.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$58,000$27.9

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$42,900

Gross Pay

Real Wage (Purchasing Power)

$42,900

Adjusted for COL (100)

The average annual salary of $42,900 in Northern Indiana's nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal income earned by Billing and Posting Clerks in this region offers purchasing power equivalent to the national average. While the salary is lower than the national average, the cost of living being at par suggests that the real value of the earnings is maintained, making it a financially neutral relocation from a cost perspective.

Job Market Context

340

Total Jobs

1.604

Per 1K Jobs

0.59

Location Quotient

Below Average

Northern Indiana nonmetropolitan area has 0.59x 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.

With a Location Quotient of 0.59, the market for Billing and Posting Clerks in Northern Indiana's nonmetropolitan area is less concentrated than the national average. This suggests that while there is a presence of these roles, they are not as prevalent as in other regions. This could translate to a more specialized or niche job market, potentially offering fewer opportunities but also less competition for experienced professionals.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Northern Indiana nonmetropolitan area

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Northern Indiana nonmetropolitan area?

The median annual salary for a Billing and Posting Clerks in Northern Indiana nonmetropolitan area is $42,900. This typically ranges from $31,420 for entry-level positions to $58,000 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northern Indiana nonmetropolitan area is 13.3% lower than the national median of $49,470.

Is Northern Indiana nonmetropolitan area a lucrative place for Billing and Posting Clerks?

No, it is not considered a particularly lucrative area.The average salary of $42,900 is significantly below the national average, and the lower concentration of roles (LQ of 0.59) indicates less demand.

Is Northern Indiana nonmetropolitan area a good place to live for Billing and Posting Clerks?

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

Where are the highest paying cities near Northern Indiana nonmetropolitan area?

Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($47,370) and Kokomo, IN.

How does the Northern Indiana salary compare to the national average?

The average salary for Billing and Posting Clerks in Northern Indiana's nonmetropolitan area is $42,900, which is $6,570 less than the national average of $49,470.

What is the significance of the Location Quotient (LQ) in this area?

An LQ of 0.59 means that Billing and Posting Clerk roles are less than half as common in this region compared to the national average, indicating lower concentration and potentially less job market saturation.

Does the Cost of Living affect the value of the salary?

No, the Cost of Living Index is 100, which is the national average. This means the $42,900 salary has the same purchasing power as the national average salary.

How many Billing and Posting Clerks are there in this region?

There are approximately 340 Billing and Posting Clerks employed in the Northern Indiana 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 340 employees in the Northern Indiana nonmetropolitan area area with a job density of 1.604 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.