Average Billing and Posting Clerks Salary in Saginaw, MI
Billing and Posting Clerks in Saginaw, MI, earn an average annual salary of $42,950. This figure is notably below the national average of $49,470, reflecting localized economic factors and demand within the Saginaw metropolitan area. The specific compensation for these roles is often influenced by the regional economic climate and the concentration of businesses requiring these essential administrative functions.
Executive Summary
- Average Salary: $42,950 per year.
- Growth Trend: Salaries have shifted 8.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $52,340.
- Outlook: Saginaw, MI, hosts a dedicated workforce of 370 Billing and Posting Clerks, indicating a stable, albeit niche, employment landscape for this profession. The Location Quotient of 1.73 suggests a higher concentration of these roles in Saginaw compared to the national average, implying a consistent demand that supports the existing workforce size. While not a massive sector, the presence of this concentration points to a resilient job market for these clerks.
Salary Overview
The average Billing and Posting Clerks in Saginaw, MI earns-13.2%below the national average.
$20.7
$826
$3,579
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data for Saginaw's Billing and Posting Clerk salaries is not provided, it is reasonable to assume a general upward trend in compensation over the past four years, mirroring national economic patterns. Salary growth in administrative roles typically keeps pace with inflation and evolving industry demands, suggesting that clerks in Saginaw have likely seen modest increases in their earnings.
Billing and Posting Clerks Salary Distribution in Saginaw, MI
Career progression for Billing and Posting Clerks in Saginaw, MI, typically involves moving from entry-level positions to more senior roles with increased responsibilities and expertise. As clerks gain experience, their salaries can significantly increase, with senior-level professionals often commanding higher pay than their junior counterparts. The percentile gaps in salary data, though not explicitly detailed here, would signify these opportunities for advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $33,290 | $16 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $32,213 | $15.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $42,320 | $20.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $53,688 | $25.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $52,340 | $25.2 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$42,950
Gross Pay
Real Wage (Purchasing Power)
$42,950
Adjusted for COL (100)
The average annual salary of $42,950 for Billing and Posting Clerks in Saginaw, MI, aligns perfectly with the national average cost of living, as indicated by the Cost of Living Index of 100. This means that the purchasing power of a Saginaw-based clerk's salary is equivalent to that of a clerk earning the national average in a location with a national average cost of living, offering stable financial footing.
Job Market Context
370
Total Jobs
4.694
Per 1K Jobs
1.73
Location Quotient
Saginaw, MI has 1.7x the national concentration of Billing and Posting Clerks jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 1.73, Saginaw, MI, exhibits a significantly higher concentration of Billing and Posting Clerks than the national average. This suggests that the job market in Saginaw is relatively more abundant with opportunities for these professionals compared to other regions. While this concentration indicates demand, it also implies a potentially competitive environment for new entrants seeking these positions.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| Bay City, MI Billing and Posting Clerks Salary | $45,300↑ 5% | 12 mi |
| Midland, MI Billing and Posting Clerks Salary | $45,080↑ 5% | 20 mi |
| Mid Michigan nonmetropolitan area Billing and Posting Clerks Salary | $43,970↑ 2% | 30 mi |
| Southern Michigan nonmetropolitan area Billing and Posting Clerks Salary | $44,810↑ 4% | 30 mi |
| Northern Michigan nonmetropolitan area Billing and Posting Clerks Salary | $43,610↑ 2% | 30 mi |
Comparing salaries near Saginaw, MI
Hiring Billing and Posting Clerkss?
Frequently Asked Questions
How much does a Billing and Posting Clerks make in Saginaw, MI?
The median annual salary for a Billing and Posting Clerks in Saginaw, MI is $42,950. This typically ranges from $33,290 for entry-level positions to $52,340 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Saginaw, MI is 13.2% lower than the national median of $49,470.
Is Saginaw, MI a lucrative place for Billing and Posting Clerks?
No, not more lucrative than the national average.The average salary of $42,950 is below the national average of $49,470, although the cost of living is on par with the national average.
Is Saginaw, MI a good place to live for Billing and Posting Clerks?
The Cost of Living Index in Saginaw, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Saginaw, MI?
Some top paying nearby cities include Bay City, MI ($45,300) and Midland, MI.
How does the Saginaw Billing and Posting Clerk salary compare to the national average?
Billing and Posting Clerks in Saginaw, MI, earn an average of $42,950 annually, which is less than the national average of $49,470.
What is the cost of living in Saginaw, MI for Billing and Posting Clerks?
Saginaw, MI, has a Cost of Living Index of 100, meaning it is exactly on par with the national average cost of living.
Is there high demand for Billing and Posting Clerks in Saginaw, MI?
The Location Quotient of 1.73 indicates a higher concentration of Billing and Posting Clerks in Saginaw compared to the national average, suggesting consistent local demand.
How many Billing and Posting Clerks are there in Saginaw, MI?
Saginaw, MI, has a total local workforce of 370 Billing and Posting Clerks.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 370 employees in the Saginaw, MI area with a job density of 4.694 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 Saginaw, MI