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Average Billing and Posting Clerks Salary in South Bend-Mishawaka, IN-MI

Billing and Posting Clerks in the South Bend-Mishawaka, IN-MI area earn an average annual salary of $45,620. This figure is slightly below the national average of $49,470, reflecting regional economic factors and the specific demand within this metropolitan area. The local market dynamics, including the concentration of related industries and the overall economic health of the region, play a significant role in shaping compensation for these essential administrative roles.

Executive Summary

  • Average Salary: $45,620 per year.
  • Growth Trend: Salaries have shifted 7.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $58,580.
  • Outlook: The South Bend-Mishawaka, IN-MI area supports a local workforce of 310 Billing and Posting Clerks. With a Location Quotient of 0.87, the concentration of these roles is slightly below the national average, suggesting a stable but not exceptionally concentrated job market. The rate of 2.345 jobs per 1,000 workers indicates a consistent presence of these positions, pointing to a steady demand for skilled billing and posting professionals within the region.
2024 Market Data

Salary Overview

$45,620

The average Billing and Posting Clerks in South Bend-Mishawaka, IN-MI earns-7.8%below the national average.

BreakdownBased on 40h/week
Hourly

$21.9

Weekly

$877

Monthly

$3,802

Billing and Posting Clerks Salary Distribution in South Bend-Mishawaka, IN-MI

The salary range for Billing and Posting Clerks in South Bend-Mishawaka, IN-MI typically expands significantly with experience. Entry-level positions may start closer to the lower percentiles, while senior clerks with extensive experience and specialized skills can command salaries in the upper percentiles. These percentile gaps are a clear indicator of career progression, rewarding accumulated knowledge, efficiency, and responsibility within the role.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,330$17
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$34,215$16.4
ManagerOversees team, compliance, and project delivery.50% (Median)$44,430$21.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$57,025$27.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$58,580$28.2

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$45,620

Gross Pay

Real Wage (Purchasing Power)

$45,620

Adjusted for COL (100)

The average annual salary of $45,620 in South Bend-Mishawaka, IN-MI aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Billing and Posting Clerk's salary in this area is comparable to the national standard, offering a balanced lifestyle without significant financial strain related to everyday expenses.

Job Market Context

310

Total Jobs

2.345

Per 1K Jobs

0.87

Location Quotient

Below Average

South Bend-Mishawaka, IN-MI has 0.87x 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.

With a Location Quotient of 0.87, the South Bend-Mishawaka, IN-MI market for Billing and Posting Clerks is slightly less concentrated than the national average. This suggests that while the profession is present and necessary, it is not a dominant industry sector within the region. The job market is likely competitive, with opportunities available but perhaps not as abundant as in areas with a higher concentration of finance and administrative services.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near South Bend-Mishawaka, IN-MI

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in South Bend-Mishawaka, IN-MI?

The median annual salary for a Billing and Posting Clerks in South Bend-Mishawaka, IN-MI is $45,620. This typically ranges from $35,330 for entry-level positions to $58,580 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Bend-Mishawaka, IN-MI is 7.8% lower than the national median of $49,470.

Is South Bend-Mishawaka, IN-MI a lucrative place for Billing and Posting Clerks?

No, it is not exceptionally lucrative compared to the national average.The average salary of $45,620 is below the national average, though the cost of living is also at the national average. This indicates a standard earning potential rather than a highly lucrative market.

Is South Bend-Mishawaka, IN-MI a good place to live for Billing and Posting Clerks?

The Cost of Living Index in South Bend-Mishawaka, IN-MI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near South Bend-Mishawaka, IN-MI?

Some top paying nearby cities include Niles, MI ($45,800) and Elkhart-Goshen, IN.

How does the South Bend-Mishawaka salary compare to the national average?

The average annual salary for Billing and Posting Clerks in South Bend-Mishawaka, IN-MI is $45,620, which is approximately $3,850 less than the national average of $49,470.

What is the significance of the Location Quotient (LQ) for this role in South Bend-Mishawaka?

An LQ of 0.87 indicates that Billing and Posting Clerk jobs are slightly less concentrated in South Bend-Mishawaka compared to the national average. This suggests a stable but not overly saturated job market for this profession.

How does the Cost of Living Index affect the salary in South Bend-Mishawaka?

With a Cost of Living Index of 100 (the national average), the $45,620 salary in South Bend-Mishawaka offers purchasing power equivalent to the national average. This means the salary effectively covers typical living expenses without a significant premium or discount.

What does 'Jobs per 1,000 Workers' tell us about the Billing and Posting Clerk market in South Bend-Mishawaka?

The figure of 2.345 jobs per 1,000 workers indicates the prevalence of Billing and Posting Clerk positions within the local workforce. It suggests a consistent demand for these roles relative to the overall employment landscape in the area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 310 employees in the South Bend-Mishawaka, IN-MI area with a job density of 2.345 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.