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Average Billing and Posting Clerks Salary in Northwest Oklahoma nonmetropolitan area

Billing and Posting Clerks in the Northwest Oklahoma nonmetropolitan area earn an average annual salary of $41,640. This figure is notably below the national average of $49,470, reflecting regional economic factors and the specific demand for these administrative roles outside major urban centers. The compensation structure in this area is influenced by local industry needs and the overall economic landscape.

Executive Summary

  • Average Salary: $41,640 per year.
  • Growth Trend: Salaries have shifted 19.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $58,100.
  • Outlook: The job market for Billing and Posting Clerks in Northwest Oklahoma is characterized by a local workforce of 230 individuals. With a Location Quotient of 0.88, the concentration of these roles is slightly below the national average, suggesting a stable but not exceptionally high demand. The presence of 2.39 jobs per 1,000 workers indicates a consistent need for these professionals within the region's economic framework.
2024 Market Data

Salary Overview

$41,640

The average Billing and Posting Clerks in Northwest Oklahoma nonmetropolitan area earns-15.8%below the national average.

BreakdownBased on 40h/week
Hourly

$20

Weekly

$801

Monthly

$3,470

Billing and Posting Clerks Salary Distribution in Northwest Oklahoma nonmetropolitan area

Career progression for Billing and Posting Clerks typically involves a salary increase with experience. Entry-level positions will likely fall at 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 the potential for advancement and increased earning capacity as professionals develop their expertise in billing and posting functions.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$28,860$13.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,230$15
ManagerOversees team, compliance, and project delivery.50% (Median)$39,650$19.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$52,050$25
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$58,100$27.9

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$41,640

Gross Pay

Real Wage (Purchasing Power)

$41,640

Adjusted for COL (100)

The average annual salary of $41,640 in Northwest Oklahoma aligns directly with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is comparable to the national average, suggesting that while the nominal income is lower than the national average, the cost of essential goods and services does not present a significant disadvantage for residents.

Job Market Context

230

Total Jobs

2.39

Per 1K Jobs

0.88

Location Quotient

Below Average

Northwest Oklahoma nonmetropolitan area has 0.88x 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.

A Location Quotient of 0.88 indicates that Billing and Posting Clerk roles are slightly less concentrated in Northwest Oklahoma compared to the national average. This suggests that while the profession is present and necessary, the job market may not be saturated, potentially offering a balanced environment for job seekers. The market is neither overly competitive nor exceptionally abundant, presenting moderate opportunities.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Northwest Oklahoma nonmetropolitan area

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

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

The median annual salary for a Billing and Posting Clerks in Northwest Oklahoma nonmetropolitan area is $41,640. This typically ranges from $28,860 for entry-level positions to $58,100 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Oklahoma nonmetropolitan area is 15.8% lower than the national median of $49,470.

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

No, it is not considered a highly lucrative area.The average salary of $41,640 is below the national average, and while the cost of living is average, the overall compensation is not exceptionally high.

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

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

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

Some top paying nearby cities include Oklahoma City, OK ($45,160) and Tulsa, OK.

How does the local salary compare to the national average?

The average annual salary for Billing and Posting Clerks in Northwest Oklahoma is $41,640, which is $7,830 less than the national average of $49,470.

What is the significance of the Location Quotient?

A Location Quotient of 0.88 means that Billing and Posting Clerk jobs are slightly less concentrated in Northwest Oklahoma compared to the national average, indicating a stable but not overly robust demand for these roles.

How does the cost of living affect the salary?

With a Cost of Living Index of 100, the local cost of living is on par with the national average. Therefore, the $41,640 salary offers purchasing power equivalent to the national average, despite being lower in nominal terms.

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

There are approximately 230 Billing and Posting Clerks employed in the Northwest Oklahoma 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 230 employees in the Northwest Oklahoma nonmetropolitan area area with a job density of 2.39 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.