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Average Billing and Posting Clerks Salary in South Arkansas nonmetropolitan area

Billing and Posting Clerks in the South Arkansas nonmetropolitan area earn an average annual salary of $38,680. This figure is notably below the national average of $49,470, reflecting regional economic factors and potentially a lower demand for specialized administrative roles outside of major urban centers. The specific economic landscape and industry concentration within this region directly influence compensation levels for these positions.

Executive Summary

  • Average Salary: $38,680 per year.
  • Growth Trend: Salaries have shifted 30.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $57,530.
  • Outlook: With a local workforce of approximately 500 Billing and Posting Clerks, the job market in South Arkansas nonmetropolitan area indicates a stable, albeit niche, presence for this occupation. The Location Quotient of 1.54 suggests that this role is more concentrated here than the national average, implying a consistent, if not growing, demand within the local economy. While the total workforce size is modest, the relative concentration points to a solid foundation for these positions.
2024 Market Data

Salary Overview

$38,680

The average Billing and Posting Clerks in South Arkansas nonmetropolitan area earns-21.8%below the national average.

BreakdownBased on 40h/week
Hourly

$18.6

Weekly

$744

Monthly

$3,223

Billing and Posting Clerks Salary Distribution in South Arkansas nonmetropolitan area

Career progression for Billing and Posting Clerks typically involves moving from entry-level responsibilities to more senior roles that may include greater oversight, complex account management, or supervisory duties. As experience and proficiency increase, individuals can expect to see their salaries rise, with significant percentile gaps often signifying the transition to senior or lead positions. This upward mobility is a key factor in long-term earning potential within the profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$28,930$13.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$29,010$13.9
ManagerOversees team, compliance, and project delivery.50% (Median)$34,640$16.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$48,350$23.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$57,530$27.7

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$38,680

Gross Pay

Real Wage (Purchasing Power)

$38,680

Adjusted for COL (100)

The nominal average annual salary of $38,680 in the South Arkansas nonmetropolitan area aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, suggesting that while the take-home pay is lower than the national average for this role, the cost of essential goods and services remains comparable. Therefore, the lower salary is offset by a balanced cost of living.

Job Market Context

500

Total Jobs

4.158

Per 1K Jobs

1.54

Location Quotient

Major Hub

South Arkansas nonmetropolitan area has 1.5x 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.

A Location Quotient of 1.54 for Billing and Posting Clerks in the South Arkansas nonmetropolitan area indicates a higher concentration of these jobs relative to the national average. This suggests that the market is more specialized and potentially more competitive for qualified candidates, or conversely, that there is a greater reliance on these roles within the local economic structure. The abundance of jobs per 1,000 workers (4.158) further supports the notion of a focused demand within this region.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near South Arkansas nonmetropolitan area

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in South Arkansas nonmetropolitan area?

The median annual salary for a Billing and Posting Clerks in South Arkansas nonmetropolitan area is $38,680. This typically ranges from $28,930 for entry-level positions to $57,530 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Arkansas nonmetropolitan area is 21.8% lower than the national median of $49,470.

Is South Arkansas nonmetropolitan area a lucrative place for Billing and Posting Clerks?

No, it is not considered lucrative compared to national averages.The average salary of $38,680 is significantly lower than the national average of $49,470. However, the cost of living is also at the national average, meaning the lower salary has equivalent purchasing power locally.

Is South Arkansas nonmetropolitan area a good place to live for Billing and Posting Clerks?

The Cost of Living Index in South Arkansas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near South Arkansas nonmetropolitan area?

Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($42,010) and Hot Springs, AR.

How does the local workforce size affect job prospects?

A local workforce of 500 Billing and Posting Clerks suggests a stable but potentially limited number of opportunities. While the concentration is higher than the national average, the overall size indicates a niche market.

What does a Location Quotient of 1.54 mean for this role?

A Location Quotient of 1.54 signifies that Billing and Posting Clerk roles are 54% more concentrated in the South Arkansas nonmetropolitan area than the national average. This implies a stronger local demand or specialization in this occupation.

How does the cost of living impact the $38,680 salary?

With a Cost of Living Index of 100, the $38,680 salary offers purchasing power equivalent to the national average. This means that while the nominal salary is lower, the local expenses are also at the national average.

What is the typical career path for a Billing and Posting Clerk?

Career paths often involve gaining experience to handle more complex billing tasks, manage accounts receivable, or potentially move into supervisory roles. Increased responsibility typically leads to higher earning potential.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 500 employees in the South Arkansas nonmetropolitan area area with a job density of 4.158 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.