Average Billing and Posting Clerks Salary in Northwest Minnesota nonmetropolitan area
Billing and Posting Clerks in the Northwest Minnesota nonmetropolitan area earn an average annual salary of $51,030. This figure slightly surpasses the national average of $49,470, indicating a competitive compensation landscape for this role in the region. Local economic factors and demand dynamics likely contribute to this slightly elevated pay compared to the national benchmark.
Executive Summary
- Average Salary: $51,030 per year.
- Growth Trend: Salaries have shifted 26.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $64,550.
- Outlook: The job market for Billing and Posting Clerks in Northwest Minnesota appears stable, with a local workforce of approximately 400 individuals. The location quotient of 0.76 suggests a slightly lower concentration of these roles compared to the national average, implying a steady but not overly saturated demand. The presence of 2.056 jobs per 1,000 workers further reinforces a consistent need for these administrative professionals within the region's economic structure.
Salary Overview
The average Billing and Posting Clerks in Northwest Minnesota nonmetropolitan area earns+3.2%above the national average.
$24.5
$981
$4,253
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Billing and Posting Clerks in Northwest Minnesota have experienced gradual growth over the past four years, mirroring national trends. Economic shifts, inflation, and evolving industry demands typically drive incremental increases in compensation for administrative roles, ensuring that pay remains competitive within the local market.
Billing and Posting Clerks Salary Distribution in Northwest Minnesota nonmetropolitan area
Career progression for Billing and Posting Clerks typically involves a salary increase with accumulating experience. Entry-level positions will naturally command lower salaries, while senior clerks with extensive expertise and responsibilities can expect to earn significantly more. The percentile gaps in salary distribution reflect these opportunities for advancement, rewarding seasoned professionals with higher earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,020 | $19.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $38,273 | $18.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $49,200 | $23.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $63,788 | $30.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $64,550 | $31 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$51,030
Gross Pay
Real Wage (Purchasing Power)
$51,030
Adjusted for COL (100)
The nominal average annual salary of $51,030 in Northwest Minnesota 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 equivalent to that of their national counterparts, offering a balanced financial standing without significant advantages or disadvantages related to living expenses.
Job Market Context
400
Total Jobs
2.056
Per 1K Jobs
0.76
Location Quotient
Northwest Minnesota nonmetropolitan area has 0.76x 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 0.76, the market for Billing and Posting Clerks in Northwest Minnesota is less concentrated than the national average. This suggests that while the role is present and necessary, it is not a dominant industry sector within the region. The job market is likely characterized by a steady demand from various local businesses rather than an overabundance of specialized positions.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| St. Cloud, MN Billing and Posting Clerks Salary | $50,780↓ 0% | 17 mi |
| Minneapolis-St. Paul-Bloomington, MN-WI Billing and Posting Clerks Salary | $55,500↑ 9% | 58 mi |
Comparing salaries near Northwest Minnesota nonmetropolitan area
Hiring Billing and Posting Clerkss?
Frequently Asked Questions
How much does a Billing and Posting Clerks make in Northwest Minnesota nonmetropolitan area?
The median annual salary for a Billing and Posting Clerks in Northwest Minnesota nonmetropolitan area is $51,030. This typically ranges from $41,020 for entry-level positions to $64,550 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northwest Minnesota nonmetropolitan area is 3.2% higher than the national median of $49,470.
Is Northwest Minnesota nonmetropolitan area a lucrative place for Billing and Posting Clerks?
Moderately lucrative, offering a slight edge over the national average.The average salary of $51,030 is slightly higher than the national average, and the cost of living is on par, providing a stable financial environment for these professionals.
Is Northwest Minnesota nonmetropolitan area a good place to live for Billing and Posting Clerks?
The Cost of Living Index in Northwest Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northwest Minnesota nonmetropolitan area?
Some top paying nearby cities include St. Cloud, MN ($50,780) and Minneapolis-St. Paul-Bloomington, MN-WI.
How does the salary compare to the national average?
The average annual salary for Billing and Posting Clerks in Northwest Minnesota is $51,030, which is slightly above the national average of $49,470.
What is the cost of living in Northwest Minnesota compared to the national average?
The cost of living in Northwest Minnesota is exactly at the national average, with an index of 100.
How concentrated are Billing and Posting Clerk jobs in this region?
The concentration of Billing and Posting Clerk jobs is slightly below the national average, indicated by a location quotient of 0.76.
What is the total number of Billing and Posting Clerks in Northwest Minnesota?
There are approximately 400 Billing and Posting Clerks employed in the Northwest Minnesota 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 400 employees in the Northwest Minnesota nonmetropolitan area area with a job density of 2.056 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Billing and Posting Clerks • Data source: BLS OEWS 2024 •Jobs in Northwest Minnesota nonmetropolitan area