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Average Billing and Posting Clerks Salary in Sioux Falls, SD-MN

Billing and Posting Clerks in Sioux Falls, SD-MN earn an average annual salary of $41,690, which is below the national average of $49,470. This difference is often influenced by regional economic factors and the specific demand within the local market for these essential administrative roles.

Executive Summary

  • Average Salary: $41,690 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $54,790.
  • Outlook: The Sioux Falls, SD-MN area supports a workforce of 440 Billing and Posting Clerks, with a location quotient of 0.92. This indicates a presence that is nearly on par with the national average, suggesting a stable, albeit not exceptionally concentrated, demand for these professionals within the region.
2024 Market Data

Salary Overview

$41,690

The average Billing and Posting Clerks in Sioux Falls, SD-MN earns-15.7%below the national average.

BreakdownBased on 40h/week
Hourly

$20

Weekly

$802

Monthly

$3,474

Billing and Posting Clerks Salary Distribution in Sioux Falls, SD-MN

Salary progression for Billing and Posting Clerks typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command significantly higher salaries, reflecting the growing value and responsibility they bring to an organization.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$30,280$14.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,268$15
ManagerOversees team, compliance, and project delivery.50% (Median)$40,610$19.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$52,113$25.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$54,790$26.3

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$41,690

Gross Pay

Real Wage (Purchasing Power)

$41,690

Adjusted for COL (100)

With an average salary of $41,690 and a Cost of Living Index of 100, the nominal income in Sioux Falls, SD-MN aligns precisely with the national average cost of living. This means that the purchasing power of a Billing and Posting Clerk's salary in Sioux Falls is comparable to that of someone in a similarly priced national average location.

Job Market Context

440

Total Jobs

2.5

Per 1K Jobs

0.92

Location Quotient

Below Average

Sioux Falls, SD-MN has 0.92x 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 0.92 for Billing and Posting Clerks in Sioux Falls, SD-MN suggests that the concentration of these jobs is slightly below the national average. This implies that while the profession is present and necessary, it is not a disproportionately dominant sector within the local job market compared to national trends.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

CitySalaryDist.
Sioux City, IA-NE-SD Billing and Posting Clerks Salary$45,890↑ 10%74 mi

Comparing salaries near Sioux Falls, SD-MN

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Sioux Falls, SD-MN?

The median annual salary for a Billing and Posting Clerks in Sioux Falls, SD-MN is $41,690. This typically ranges from $30,280 for entry-level positions to $54,790 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Sioux Falls, SD-MN is 15.7% lower than the national median of $49,470.

Is Sioux Falls, SD-MN a lucrative place for Billing and Posting Clerks?

No, not particularly lucrative compared to national averages.The average salary of $41,690 is below the national average, and while the cost of living is average, the pay does not offer a significant advantage.

Is Sioux Falls, SD-MN a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Sioux Falls, SD-MN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Sioux Falls, SD-MN?

Some top paying nearby cities include Sioux City, IA-NE-SD ($45,890) and others.

How does the Sioux Falls salary compare to the national average?

The average annual salary for Billing and Posting Clerks in Sioux Falls, SD-MN is $41,690, which is approximately $7,780 less than the national average of $49,470.

What is the concentration of Billing and Posting Clerks in Sioux Falls?

The location quotient of 0.92 indicates that Billing and Posting Clerks are present in Sioux Falls at a rate slightly below the national average concentration.

How does the cost of living affect the salary in Sioux Falls?

With a Cost of Living Index of 100, Sioux Falls is at the national average. This means the $41,690 salary has average purchasing power locally.

How many Billing and Posting Clerks are there in Sioux Falls?

There are approximately 440 Billing and Posting Clerks employed in the Sioux Falls, SD-MN area, representing 2.5 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 440 employees in the Sioux Falls, SD-MN area with a job density of 2.5 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Billing and Posting Clerks • Data source: BLS OEWS 2024 •Jobs in Sioux Falls, SD-MN