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Average Billing and Posting Clerks Salary in Providence-Warwick, RI-MA

Billing and Posting Clerks in the Providence-Warwick, RI-MA area earn an average annual salary of $51,090. This figure slightly surpasses the national average of $49,470, indicating a localized premium for these essential administrative roles. The specific economic landscape and demand within the Providence metropolitan area contribute to this favorable compensation.

Executive Summary

  • Average Salary: $51,090 per year.
  • Growth Trend: Salaries have shifted 15.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $61,420.
  • Outlook: With a local workforce of 2,220 Billing and Posting Clerks and a Location Quotient of 1.16, the Providence-Warwick area demonstrates a notable concentration of these positions compared to the national average. This suggests a robust and potentially growing job market for these professionals, indicating healthy demand that supports the current employment levels.
2024 Market Data

Salary Overview

$51,090

The average Billing and Posting Clerks in Providence-Warwick, RI-MA earns+3.3%above the national average.

BreakdownBased on 40h/week
Hourly

$24.6

Weekly

$983

Monthly

$4,258

Billing and Posting Clerks Salary Distribution in Providence-Warwick, RI-MA

Career progression for Billing and Posting Clerks typically involves a significant salary increase from entry-level to senior positions. While specific percentile data is unavailable, the typical salary range often sees substantial jumps as experience and responsibilities grow, with senior clerks commanding higher compensation due to their expertise and proven track record.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$39,120$18.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$38,318$18.4
ManagerOversees team, compliance, and project delivery.50% (Median)$50,060$24.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$63,863$30.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$61,420$29.5

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$51,090

Gross Pay

Real Wage (Purchasing Power)

$51,090

Adjusted for COL (100)

The average annual salary of $51,090 in Providence-Warwick aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Billing and Posting Clerk's salary in this region is equivalent to the national standard, offering stability for those relocating or residing locally.

Job Market Context

2,220

Total Jobs

3.144

Per 1K Jobs

1.16

Location Quotient

Above Average

With a location quotient of 1.16, Providence-Warwick, RI-MA has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

The Location Quotient of 1.16 for Billing and Posting Clerks in Providence-Warwick signifies a higher concentration of these jobs than the national average. This suggests that the job market here is more active and potentially more competitive for these roles, offering more opportunities relative to the overall workforce compared to other regions.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Providence-Warwick, RI-MA

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Providence-Warwick, RI-MA?

The median annual salary for a Billing and Posting Clerks in Providence-Warwick, RI-MA is $51,090. This typically ranges from $39,120 for entry-level positions to $61,420 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Providence-Warwick, RI-MA is 3.3% higher than the national median of $49,470.

Is Providence-Warwick, RI-MA a lucrative place for Billing and Posting Clerks?

Yes, it offers slightly above-average compensation.Billing and Posting Clerks in Providence-Warwick earn $51,090 annually, exceeding the national average. Coupled with a cost of living index matching the national average, this makes the area financially favorable for these professionals.

Is Providence-Warwick, RI-MA a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Providence-Warwick, RI-MA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Providence-Warwick, RI-MA?

Some top paying nearby cities include Massachusetts nonmetropolitan area ($56,200) and Worcester, MA.

What is the average salary for a Billing and Posting Clerk in Providence-Warwick, RI-MA?

The average annual salary for a Billing and Posting Clerk in Providence-Warwick, RI-MA is $51,090.

How does the Providence-Warwick salary compare to the national average?

The average salary in Providence-Warwick ($51,090) is higher than the national average ($49,470).

Is the job market for Billing and Posting Clerks strong in Providence-Warwick?

Yes, the Location Quotient of 1.16 indicates a higher concentration of these jobs than the national average, suggesting a robust market.

How does the cost of living in Providence-Warwick affect salary value?

The Cost of Living Index is 100, matching the national average, meaning the $51,090 salary has the same purchasing power as the national average salary.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,220 employees in the Providence-Warwick, RI-MA area with a job density of 3.144 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.