Average Billing and Posting Clerks Salary in Raleigh-Cary, NC
In Raleigh-Cary, NC, Billing and Posting Clerks earn an average annual salary of $46,940. This figure is slightly below the national average of $49,470, suggesting that local market dynamics and potentially the specific industry mix within the region influence compensation. While the nominal salary is lower, the cost of living in Raleigh-Cary is precisely at the national average, which is a crucial factor in understanding real purchasing power.
Executive Summary
- Average Salary: $46,940 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $62,340.
- Outlook: The job market for Billing and Posting Clerks in Raleigh-Cary, NC, shows a moderate level of concentration, with a Location Quotient of 0.59, indicating fewer jobs per capita compared to the national average. The local workforce comprises 1,150 professionals in this role, with 1.587 jobs per 1,000 workers. This suggests a stable but not exceptionally high demand for these positions within the immediate area.
Salary Overview
The average Billing and Posting Clerks in Raleigh-Cary, NC earns-5.1%below the national average.
$22.6
$903
$3,912
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data for Raleigh-Cary's Billing and Posting Clerk salaries over the past four years is not provided, it's generally expected that compensation for such roles has seen incremental growth, mirroring broader economic trends and inflation. This upward adjustment is typically driven by increased operational complexity, evolving software demands, and the general need to retain skilled administrative staff in a competitive labor market.
Billing and Posting Clerks Salary Distribution in Raleigh-Cary, NC
Salary progression for Billing and Posting Clerks in Raleigh-Cary, NC, typically scales with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior clerks with extensive experience in complex billing systems and accounts receivable management can command significantly higher salaries. The percentile gaps in salary distribution reflect these opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,590 | $17.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $35,205 | $16.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,630 | $21.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $58,675 | $28.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $62,340 | $30 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$46,940
Gross Pay
Real Wage (Purchasing Power)
$46,940
Adjusted for COL (100)
The average annual salary of $46,940 for Billing and Posting Clerks in Raleigh-Cary, NC, aligns perfectly with the local Cost of Living Index of 100. This means that the nominal income earned translates directly to national average purchasing power, without the added financial strain or benefit typically associated with areas significantly above or below the national cost of living.
Job Market Context
1,150
Total Jobs
1.587
Per 1K Jobs
0.59
Location Quotient
Raleigh-Cary, NC has 0.59x 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 0.59, the market for Billing and Posting Clerks in Raleigh-Cary, NC, is less concentrated than the national average. This suggests that while there is a consistent need for these roles, the job market is not saturated, potentially offering a balanced environment for job seekers and employers alike. The number of jobs per 1,000 workers (1.587) further supports this view of a moderately active market.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| Durham-Chapel Hill, NC Billing and Posting Clerks Salary | $51,840↑ 10% | 18 mi |
| Rocky Mount, NC Billing and Posting Clerks Salary | $43,310↓ 8% | 48 mi |
| Goldsboro, NC Billing and Posting Clerks Salary | $44,570↓ 5% | 49 mi |
| Burlington, NC Billing and Posting Clerks Salary | $44,460↓ 5% | 49 mi |
| Fayetteville, NC Billing and Posting Clerks Salary | $42,610↓ 9% | 55 mi |
Comparing salaries near Raleigh-Cary, NC
Hiring Billing and Posting Clerkss?
Frequently Asked Questions
How much does a Billing and Posting Clerks make in Raleigh-Cary, NC?
The median annual salary for a Billing and Posting Clerks in Raleigh-Cary, NC is $46,940. This typically ranges from $36,590 for entry-level positions to $62,340 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Raleigh-Cary, NC is 5.1% lower than the national median of $49,470.
Is Raleigh-Cary, NC a lucrative place for Billing and Posting Clerks?
No, not exceptionally lucrative compared to the national average.While the cost of living is average, the nominal salary of $46,940 is below the national average of $49,470, indicating less lucrative earning potential in this specific role.
Is Raleigh-Cary, NC a good place to live for Billing and Posting Clerks?
The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Raleigh-Cary, NC?
Some top paying nearby cities include Durham-Chapel Hill, NC ($51,840) and Rocky Mount, NC.
How does the Raleigh-Cary salary compare to the national average?
The average annual salary for Billing and Posting Clerks in Raleigh-Cary, NC, is $46,940, which is approximately 5% lower than the national average of $49,470.
What is the significance of the Location Quotient (LQ) for this role in Raleigh-Cary?
An LQ of 0.59 means that Billing and Posting Clerk jobs are less concentrated in Raleigh-Cary compared to the national average, indicating a smaller proportion of these jobs relative to the overall workforce.
Does the cost of living affect the value of the salary?
No, the cost of living in Raleigh-Cary is exactly at the national average (100), meaning the $46,940 salary has the same purchasing power as the national average salary in a national average cost of living area.
How many Billing and Posting Clerk jobs are there in Raleigh-Cary?
There are approximately 1,150 Billing and Posting Clerks in the Raleigh-Cary, NC area, representing 1.587 jobs per 1,000 workers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,150 employees in the Raleigh-Cary, NC area with a job density of 1.587 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 Raleigh-Cary, NC