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Average Billing and Posting Clerks Salary in Rhode Island

Billing and Posting Clerks in Rhode Island earn an average annual salary of $51,720, surpassing the national average of $49,470. This higher compensation in the Ocean State is influenced by a combination of local economic factors and a slightly elevated cost of living, making the role more financially rewarding for professionals in the region.

Executive Summary

  • Average Salary: $51,720 per year.
  • Growth Trend: Salaries have shifted 15.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $63,310.
  • Outlook: With a total local workforce of 1,800 Billing and Posting Clerks, Rhode Island demonstrates a notable concentration of these roles, indicated by a Location Quotient of 1.35. This suggests a robust demand and a specialized market for these administrative professionals, implying a stable and potentially growing job market within the state.
2024 Market Data

Salary Overview

$51,720

The average Billing and Posting Clerks in Rhode Island earns+4.5%above the national average.

BreakdownBased on 40h/week
Hourly

$24.9

Weekly

$995

Monthly

$4,310

Billing and Posting Clerks Salary Distribution in Rhode Island

Career progression for Billing and Posting Clerks in Rhode Island typically involves salary increases with experience. Entry-level positions may start at a lower percentile, while senior clerks with extensive experience and specialized skills can command salaries in the higher percentiles. The gap between entry-level and senior salaries signifies clear opportunities for career advancement and increased earning potential.

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)$38,790$18.6
ManagerOversees team, compliance, and project delivery.50% (Median)$52,310$25.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$64,650$31.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$63,310$30.4

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$51,720

Gross Pay

Real Wage (Purchasing Power)

$46,179

Adjusted for COL (112)

The average annual salary of $51,720 in Rhode Island presents a solid financial standing when considered against the state's Cost of Living Index of 112. While the cost of living is 12% higher than the national average, the above-average salary for Billing and Posting Clerks helps to offset this, suggesting that the nominal income provides a comparable, if not slightly better, purchasing power.

Job Market Context

1,800

Total Jobs

3.646

Per 1K Jobs

1.35

Location Quotient

Above Average

With a location quotient of 1.35, Rhode Island has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

Rhode Island's Location Quotient of 1.35 for Billing and Posting Clerks indicates a higher concentration of these jobs compared to the national average. This suggests that the job market in Rhode Island is relatively more abundant or specialized for this profession, potentially leading to more opportunities and a competitive environment for employers seeking qualified candidates.

Nearby Job Markets

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Frequently Asked Questions

How much does a Billing and Posting Clerks make in Rhode Island?

The median annual salary for a Billing and Posting Clerks in Rhode Island is $51,720. This typically ranges from $39,120 for entry-level positions to $63,310 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Rhode Island is 4.5% higher than the national median of $49,470.

Is Rhode Island a lucrative place for Billing and Posting Clerks?

Yes, Rhode Island offers a lucrative environment for Billing and Posting Clerks.The average salary of $51,720 exceeds the national average, and while the cost of living is slightly higher, the compensation adequately reflects this.

Is Rhode Island a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Rhode Island is 112. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Rhode Island?

Some top paying nearby cities include Providence-Warwick, RI-MA ($51,090) and Norwich-New London-Willimantic, CT.

How does Rhode Island's average salary compare to the national average for this role?

Billing and Posting Clerks in Rhode Island earn an average of $51,720 annually, which is higher than the national average of $49,470.

What is the concentration of Billing and Posting Clerk jobs in Rhode Island?

Rhode Island has a higher concentration of Billing and Posting Clerk jobs, with a Location Quotient of 1.35, indicating more jobs per capita than the national average.

How does the cost of living in Rhode Island affect the salary for Billing and Posting Clerks?

Rhode Island's Cost of Living Index is 112, meaning it's 12% more expensive than the national average. The higher average salary of $51,720 helps to compensate for this increased cost.

What does the total workforce number suggest about job availability?

With 1,800 Billing and Posting Clerks in the state, it suggests a significant presence and potential for consistent job opportunities within this sector in Rhode Island.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,800 employees in the Rhode Island area with a job density of 3.646 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.