Average Billing and Posting Clerks Salary in Palm Bay-Melbourne-Titusville, FL
Billing and Posting Clerks in the Palm Bay-Melbourne-Titusville, FL area earn an average annual salary of $46,590. This figure is slightly below the national average of $49,470, indicating localized economic factors and demand influence compensation within this Florida region. The specific economic landscape and industry concentration in Palm Bay-Melbourne-Titusville contribute to this pay differential.
Executive Summary
- Average Salary: $46,590 per year.
- Growth Trend: Salaries have shifted 28.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $65,700.
- Outlook: With a local workforce of 490 Billing and Posting Clerks, the job market in Palm Bay-Melbourne-Titusville, FL, shows a moderate concentration, as indicated by a Location Quotient of 0.74. While not a hub of high demand compared to national averages, the presence of 2.016 jobs per 1,000 workers suggests a stable, albeit not rapidly expanding, employment landscape for these professionals.
Salary Overview
The average Billing and Posting Clerks in Palm Bay-Melbourne-Titusville, FL earns-5.8%below the national average.
$22.4
$896
$3,883
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data for Billing and Posting Clerks in Palm Bay-Melbourne-Titusville, FL is not provided, it is generally assumed that salaries for such roles have experienced incremental growth over the past four years, mirroring broader economic trends and inflation adjustments. This typical upward trajectory in compensation is often driven by evolving industry standards and the need to retain skilled administrative staff.
Billing and Posting Clerks Salary Distribution in Palm Bay-Melbourne-Titusville, FL
Career progression for Billing and Posting Clerks typically involves moving from entry-level positions to more senior roles, which naturally commands higher salaries. As professionals gain experience, develop specialized skills, and take on greater responsibilities, their earning potential increases significantly. The percentile gaps in salary data, though not detailed here, would reflect this scaling, with senior clerks earning substantially more than their junior counterparts.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,420 | $17 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,943 | $16.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $45,240 | $21.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $58,238 | $28 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $65,700 | $31.6 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$46,590
Gross Pay
Real Wage (Purchasing Power)
$46,590
Adjusted for COL (100)
The nominal average annual salary of $46,590 for Billing and Posting Clerks in Palm Bay-Melbourne-Titusville, FL, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, suggesting that the slightly lower nominal pay is balanced by the cost of living, making it neither exceptionally advantageous nor disadvantageous for relocation from a cost perspective.
Job Market Context
490
Total Jobs
2.016
Per 1K Jobs
0.74
Location Quotient
Palm Bay-Melbourne-Titusville, FL has 0.74x 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.
The Location Quotient of 0.74 for Billing and Posting Clerks in Palm Bay-Melbourne-Titusville, FL, indicates that this occupation is less concentrated in the local area compared to the national average. This suggests that while there is a steady presence of these roles, the market is not saturated, and opportunities may exist, but the overall demand is not exceptionally high relative to other professions or regions.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| Sebastian-Vero Beach-West Vero Corridor, FL Billing and Posting Clerks Salary | $44,010↓ 6% | 17 mi |
| Port St. Lucie, FL Billing and Posting Clerks Salary | $45,510↓ 2% | 50 mi |
| Sebring, FL Billing and Posting Clerks Salary | $41,410↓ 11% | 59 mi |
| Orlando-Kissimmee-Sanford, FL Billing and Posting Clerks Salary | $48,250↑ 4% | 59 mi |
| North Florida nonmetropolitan area Billing and Posting Clerks Salary | $44,710↓ 4% | 64 mi |
Comparing salaries near Palm Bay-Melbourne-Titusville, FL
Hiring Billing and Posting Clerkss?
Frequently Asked Questions
How much does a Billing and Posting Clerks make in Palm Bay-Melbourne-Titusville, FL?
The median annual salary for a Billing and Posting Clerks in Palm Bay-Melbourne-Titusville, FL is $46,590. This typically ranges from $35,420 for entry-level positions to $65,700 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Palm Bay-Melbourne-Titusville, FL is 5.8% lower than the national median of $49,470.
Is Palm Bay-Melbourne-Titusville, FL a lucrative place for Billing and Posting Clerks?
No, not particularly lucrative compared to the national average.The average salary of $46,590 is below the national average of $49,470, and the cost of living is at the national average, offering no significant financial advantage.
Is Palm Bay-Melbourne-Titusville, FL a good place to live for Billing and Posting Clerks?
The Cost of Living Index in Palm Bay-Melbourne-Titusville, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Palm Bay-Melbourne-Titusville, FL?
Some top paying nearby cities include Sebastian-Vero Beach-West Vero Corridor, FL ($44,010) and Port St. Lucie, FL.
How does the local salary compare to the national average?
The average annual salary for Billing and Posting Clerks in Palm Bay-Melbourne-Titusville, FL is $46,590, which is $2,880 less than the national average of $49,470.
What is the concentration of Billing and Posting Clerks in this area?
The Location Quotient of 0.74 indicates that Billing and Posting Clerks are less concentrated in Palm Bay-Melbourne-Titusville, FL, compared to the national average.
How many Billing and Posting Clerks are there in Palm Bay-Melbourne-Titusville, FL?
There are approximately 490 Billing and Posting Clerks employed in the Palm Bay-Melbourne-Titusville, FL area.
Does the cost of living affect the value of the salary?
With a Cost of Living Index of 100, the local salary's purchasing power is equivalent to the national average, meaning the slightly lower salary is offset by average living expenses.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 490 employees in the Palm Bay-Melbourne-Titusville, FL area with a job density of 2.016 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 Palm Bay-Melbourne-Titusville, FL