Average Billing and Posting Clerks Salary in South Central Kentucky nonmetropolitan area
Billing and Posting Clerks in the South Central Kentucky nonmetropolitan area earn an average annual salary of $37,740. This figure is notably below the national average of $49,470, reflecting the distinct economic landscape and potentially lower operational costs prevalent in nonmetropolitan regions. Localized demand and the specific industry mix within this area contribute to this pay differential.
Executive Summary
- Average Salary: $37,740 per year.
- Growth Trend: Salaries have shifted 21.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $50,080.
- Outlook: With a total local workforce of approximately 500 Billing and Posting Clerks, the job market in South Central Kentucky presents a stable, albeit niche, opportunity. The Location Quotient of 1.07 suggests a concentration of these roles slightly above the national average, indicating a steady demand that aligns with the region's economic activities and business needs.
Salary Overview
The average Billing and Posting Clerks in South Central Kentucky nonmetropolitan area earns-23.7%below the national average.
$18.1
$726
$3,145
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data for this precise region isn't provided, it's reasonable to assume that salaries for Billing and Posting Clerks in South Central Kentucky have experienced gradual growth over the past four years, mirroring broader economic trends. This growth is likely driven by inflation, increasing demand for administrative support, and the need to retain skilled personnel in a competitive labor market.
Billing and Posting Clerks Salary Distribution in South Central Kentucky nonmetropolitan area
Career progression for Billing and Posting Clerks typically involves moving from entry-level positions to more senior roles with increased responsibilities. As experience grows, individuals can expect their salaries to rise, with senior clerks potentially earning significantly more than their junior counterparts. The percentile gaps in salary data often signify these opportunities for advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $28,840 | $13.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $28,305 | $13.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $35,200 | $16.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $47,175 | $22.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $50,080 | $24.1 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$37,740
Gross Pay
Real Wage (Purchasing Power)
$37,740
Adjusted for COL (100)
The average annual salary of $37,740 in South Central Kentucky aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal income earned by Billing and Posting Clerks in this region has the same purchasing power as the national average, suggesting that the cost of essential goods and services is comparable to the rest of the country.
Job Market Context
500
Total Jobs
2.891
Per 1K Jobs
1.07
Location Quotient
With a location quotient of 1.07, South Central Kentucky nonmetropolitan area has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.
A Location Quotient of 1.07 indicates that Billing and Posting Clerk roles are slightly more concentrated in South Central Kentucky than the national average. This suggests a healthy, stable market where the demand for these professionals is consistent with, and slightly exceeds, national proportions, making it a reliable employment sector within the region.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| Lexington-Fayette, KY Billing and Posting Clerks Salary | $43,840↑ 16% | 28 mi |
| Elizabethtown, KY Billing and Posting Clerks Salary | $42,160↑ 12% | 66 mi |
| Louisville/Jefferson County, KY-IN Billing and Posting Clerks Salary | $45,400↑ 20% | 72 mi |
| Cincinnati, OH-KY-IN Billing and Posting Clerks Salary | $46,160↑ 22% | 100 mi |
Comparing salaries near South Central Kentucky nonmetropolitan area
Hiring Billing and Posting Clerkss?
Frequently Asked Questions
How much does a Billing and Posting Clerks make in South Central Kentucky nonmetropolitan area?
The median annual salary for a Billing and Posting Clerks in South Central Kentucky nonmetropolitan area is $37,740. This typically ranges from $28,840 for entry-level positions to $50,080 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in South Central Kentucky nonmetropolitan area is 23.7% lower than the national median of $49,470.
Is South Central Kentucky nonmetropolitan area a lucrative place for Billing and Posting Clerks?
No, not when compared to national averages.While the cost of living is average, the $37,740 salary is significantly lower than the national average of $49,470, indicating less lucrative compensation for this role.
Is South Central Kentucky nonmetropolitan area a good place to live for Billing and Posting Clerks?
The Cost of Living Index in South Central Kentucky nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near South Central Kentucky nonmetropolitan area?
Some top paying nearby cities include Lexington-Fayette, KY ($43,840) and Elizabethtown, KY.
How does the local workforce size affect job prospects?
A local workforce of 500 Billing and Posting Clerks suggests a moderately sized, established job market. While not massive, it indicates consistent demand for these roles within the region's economy.
What does a Location Quotient of 1.07 mean for job seekers?
A Location Quotient of 1.07 signifies that Billing and Posting Clerk positions are slightly more prevalent in South Central Kentucky compared to the national average, suggesting a stable job market with opportunities.
How does the Cost of Living Index impact the salary?
With a Cost of Living Index of 100 (matching the national average), the $37,740 salary offers average purchasing power. This means the lower salary is somewhat offset by typical living expenses in the area.
Are there significant salary increases with experience for Billing and Posting Clerks in this area?
While specific data isn't provided, it's generally expected that experience leads to higher salaries. Career progression from entry-level to senior roles typically results in increased earning potential within this profession.
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 Central Kentucky nonmetropolitan area area with a job density of 2.891 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 South Central Kentucky nonmetropolitan area