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Average Billing and Posting Clerks Salary in Salt Lake City-Murray, UT

Billing and Posting Clerks in Salt Lake City-Murray, UT, earn an average annual salary of $47,930. This figure is slightly below the national average of $49,470, indicating a localized compensation structure influenced by regional economic factors and the specific demand within the Utah market. While the nominal salary is slightly lower, the cost of living parity plays a crucial role in understanding the true purchasing power.

Executive Summary

  • Average Salary: $47,930 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $62,810.
  • Outlook: With a local workforce of 2,050 Billing and Posting Clerks, Salt Lake City-Murray, UT, demonstrates a stable presence in this occupational sector. The Location Quotient of 0.93 suggests that the concentration of these roles is nearly in line with the national average, implying a steady demand that aligns with the broader economic landscape. The presence of 2.514 jobs per 1,000 workers further reinforces the consistent need for these administrative professionals within the region.
2024 Market Data

Salary Overview

$47,930

The average Billing and Posting Clerks in Salt Lake City-Murray, UT earns-3.1%below the national average.

BreakdownBased on 40h/week
Hourly

$23

Weekly

$922

Monthly

$3,994

Billing and Posting Clerks Salary Distribution in Salt Lake City-Murray, UT

The career path for Billing and Posting Clerks typically involves a progression from entry-level to senior positions, with corresponding salary increases. While specific percentile data is unavailable, it's understood that individuals with more experience, specialized skills, and a proven track record in managing complex billing cycles command higher salaries. The gap between entry-level and senior roles signifies substantial career progression opportunities and earning potential within this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,260$17.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$35,948$17.3
ManagerOversees team, compliance, and project delivery.50% (Median)$46,420$22.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$59,913$28.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$62,810$30.2

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$47,930

Gross Pay

Real Wage (Purchasing Power)

$47,930

Adjusted for COL (100)

The average annual salary of $47,930 for Billing and Posting Clerks in Salt Lake City-Murray, UT, aligns perfectly with the local Cost of Living Index of 100. This means that the nominal salary holds its purchasing power at the national average, offering a balanced financial standing for residents. Individuals relocating to this area can expect their earnings to cover expenses at a rate comparable to the typical American lifestyle.

Job Market Context

2,050

Total Jobs

2.514

Per 1K Jobs

0.93

Location Quotient

Below Average

Salt Lake City-Murray, UT has 0.93x 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.

A Location Quotient of 0.93 for Billing and Posting Clerks in Salt Lake City-Murray, UT, indicates a job market that is closely aligned with the national average in terms of occupational concentration. This suggests a healthy and competitive environment where the number of available positions is proportionate to the number of qualified professionals. While not significantly over-represented, the market is robust enough to support a consistent demand for these roles.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Salt Lake City-Murray, UT

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Salt Lake City-Murray, UT?

The median annual salary for a Billing and Posting Clerks in Salt Lake City-Murray, UT is $47,930. This typically ranges from $37,260 for entry-level positions to $62,810 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Salt Lake City-Murray, UT is 3.1% lower than the national median of $49,470.

Is Salt Lake City-Murray, UT a lucrative place for Billing and Posting Clerks?

Yes, it offers a balanced financial standing.The average salary of $47,930 is directly offset by a Cost of Living Index of 100, meaning your earnings have national average purchasing power. The stable job market concentration also ensures consistent opportunities.

Is Salt Lake City-Murray, UT a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Salt Lake City-Murray, UT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Salt Lake City-Murray, UT?

Some top paying nearby cities include Ogden, UT ($45,020) and Provo-Orem-Lehi, UT.

How does the Salt Lake City-Murray, UT salary compare to the national average?

The average salary of $47,930 in Salt Lake City-Murray, UT, is slightly lower than the national average of $49,470, by approximately $1,540 annually.

What is the concentration of Billing and Posting Clerks in Salt Lake City-Murray, UT?

The Location Quotient of 0.93 indicates that the concentration of Billing and Posting Clerks in Salt Lake City-Murray, UT, is very close to the national average, suggesting a stable presence of this profession.

How many Billing and Posting Clerk jobs are there per 1,000 workers in Salt Lake City-Murray, UT?

There are approximately 2.514 Billing and Posting Clerk jobs per 1,000 workers in the Salt Lake City-Murray, UT area.

Does the cost of living affect the salary for Billing and Posting Clerks in Salt Lake City-Murray, UT?

No, the cost of living in Salt Lake City-Murray, UT, is at the national average (100), meaning the nominal salary of $47,930 has equivalent purchasing power to 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 2,050 employees in the Salt Lake City-Murray, UT area with a job density of 2.514 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.