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Average Billing and Posting Clerks Salary in Northwest Colorado nonmetropolitan area

Billing and Posting Clerks in the Northwest Colorado nonmetropolitan area earn an average annual salary of $50,590, slightly exceeding the national average of $49,470. This marginal premium is often influenced by the unique economic dynamics and potentially higher operational costs associated with nonmetropolitan regions, which can necessitate competitive compensation to attract and retain skilled administrative professionals.

Executive Summary

  • Average Salary: $50,590 per year.
  • Growth Trend: Salaries have shifted 18.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $64,560.
  • Outlook: With a local workforce of 390 Billing and Posting Clerks and a Location Quotient of 1.08, the job market in Northwest Colorado demonstrates a healthy concentration of these roles, indicating a stable demand. The concentration slightly above the national average suggests that this region is a key area for this profession relative to its overall employment landscape.
2024 Market Data

Salary Overview

$50,590

The average Billing and Posting Clerks in Northwest Colorado nonmetropolitan area earns+2.3%above the national average.

BreakdownBased on 40h/week
Hourly

$24.3

Weekly

$973

Monthly

$4,216

Billing and Posting Clerks Salary Distribution in Northwest Colorado nonmetropolitan area

Career progression for Billing and Posting Clerks typically involves moving from entry-level positions to more senior or specialized roles. As experience and proficiency increase, individuals can expect their salaries to rise, with significant percentile gaps often observed between junior and senior staff, reflecting increased responsibility and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$41,460$19.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$37,943$18.2
ManagerOversees team, compliance, and project delivery.50% (Median)$46,800$22.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$63,238$30.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$64,560$31

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$50,590

Gross Pay

Real Wage (Purchasing Power)

$50,590

Adjusted for COL (100)

The average annual salary of $50,590 in Northwest Colorado aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Billing and Posting Clerk's salary in this region is comparable to that of their national counterparts, offering a stable financial standing without significant cost-of-living advantages or disadvantages.

Job Market Context

390

Total Jobs

2.925

Per 1K Jobs

1.08

Location Quotient

Above Average

With a location quotient of 1.08, Northwest Colorado nonmetropolitan area has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

The Location Quotient of 1.08 signifies that Billing and Posting Clerk roles are slightly more concentrated in Northwest Colorado than the national average. This suggests a robust and perhaps slightly more competitive market for these professionals, where their skills are in demand relative to the broader job market within the region.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Northwest Colorado nonmetropolitan area

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Northwest Colorado nonmetropolitan area?

The median annual salary for a Billing and Posting Clerks in Northwest Colorado nonmetropolitan area is $50,590. This typically ranges from $41,460 for entry-level positions to $64,560 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Colorado nonmetropolitan area is 2.3% higher than the national median of $49,470.

Is Northwest Colorado nonmetropolitan area a lucrative place for Billing and Posting Clerks?

Yes, it offers a slightly above-average salary.The average salary of $50,590 is higher than the national average, and the cost of living is on par, indicating good earning potential.

Is Northwest Colorado nonmetropolitan area a good place to live for Billing and Posting Clerks?

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

Where are the highest paying cities near Northwest Colorado nonmetropolitan area?

Some top paying nearby cities include Colorado Springs, CO ($49,720) and Pueblo, CO.

How does the local workforce size impact job availability?

A local workforce of 390 Billing and Posting Clerks suggests a substantial presence of these roles, indicating consistent opportunities within the region.

What does a Location Quotient of 1.08 mean for Billing and Posting Clerks?

A Location Quotient of 1.08 indicates that Billing and Posting Clerks are slightly more concentrated in Northwest Colorado compared to the national average, suggesting a healthy demand for their skills.

How does the cost of living affect the salary in Northwest Colorado?

With a Cost of Living Index of 100, the salary of $50,590 has the same purchasing power as the national average, meaning the compensation is fair relative to local expenses.

Are there significant salary differences based on experience for Billing and Posting Clerks in this area?

While not detailed in the data, experience typically leads to higher salaries, with percentile gaps reflecting the progression from entry-level to senior positions.

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 Northwest Colorado nonmetropolitan area area with a job density of 2.925 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.