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Average Billing and Posting Clerks Salary in South Central Tennessee nonmetropolitan area

Billing and Posting Clerks in the South Central Tennessee nonmetropolitan area earn an average annual salary of $39,390. This figure is notably below the national average of $49,470. Such a disparity is often influenced by regional economic factors, including the cost of doing business and the overall demand within the local market.

Executive Summary

  • Average Salary: $39,390 per year.
  • Growth Trend: Salaries have shifted 11.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $50,550.
  • Outlook: The local job market for Billing and Posting Clerks in South Central Tennessee is stable, with a total workforce of 320 individuals. The Location Quotient of 1.06 suggests a concentration of these roles slightly above the national average, indicating a consistent, albeit not rapidly expanding, demand for these administrative professionals within the region.
2024 Market Data

Salary Overview

$39,390

The average Billing and Posting Clerks in South Central Tennessee nonmetropolitan area earns-20.4%below the national average.

BreakdownBased on 40h/week
Hourly

$18.9

Weekly

$758

Monthly

$3,283

Billing and Posting Clerks Salary Distribution in South Central Tennessee nonmetropolitan area

Career progression for Billing and Posting Clerks typically involves gaining experience and specialized skills. Entry-level positions may start closer to the lower end of the pay scale, while senior clerks with extensive experience and a proven track record can command salaries significantly higher than the average. The percentile gaps in salary distribution highlight these opportunities for advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$31,310$15.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$29,543$14.2
ManagerOversees team, compliance, and project delivery.50% (Median)$35,340$17
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$49,238$23.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$50,550$24.3

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$39,390

Gross Pay

Real Wage (Purchasing Power)

$39,390

Adjusted for COL (100)

The nominal average salary of $39,390 in South Central Tennessee aligns precisely with the national average Cost of Living Index of 100. This means that while the take-home pay is lower than the national average, the purchasing power of that salary within the region is equivalent to the national average, offering a balanced financial outlook for residents.

Job Market Context

320

Total Jobs

2.88

Per 1K Jobs

1.06

Location Quotient

Above Average

With a location quotient of 1.06, South Central Tennessee nonmetropolitan area has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

With a Location Quotient of 1.06, the job market for Billing and Posting Clerks in South Central Tennessee is slightly more concentrated than the national average. This suggests a stable and perhaps slightly more competitive environment for these roles, where the number of available positions is proportionally a bit higher relative to the national workforce distribution.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near South Central Tennessee nonmetropolitan area

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

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

The median annual salary for a Billing and Posting Clerks in South Central Tennessee nonmetropolitan area is $39,390. This typically ranges from $31,310 for entry-level positions to $50,550 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Central Tennessee nonmetropolitan area is 20.4% lower than the national median of $49,470.

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

No, it is not a particularly lucrative area compared to the national average.The average salary of $39,390 is significantly lower than the national average of $49,470. However, the cost of living being at the national average means the purchasing power is comparable.

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

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

Where are the highest paying cities near South Central Tennessee nonmetropolitan area?

Some top paying nearby cities include Nashville-Davidson--Murfreesboro--Franklin, TN ($47,860) and Clarksville, TN-KY.

How does the local workforce size impact job prospects?

A workforce of 320 indicates a moderate local market. While not a large metropolitan hub, it suggests consistent opportunities for Billing and Posting Clerks within the region's businesses.

What does a Location Quotient of 1.06 signify?

A Location Quotient of 1.06 means that Billing and Posting Clerks are employed in this region at a rate 6% higher than the national average. This indicates a slightly stronger presence of this occupation locally.

How does the Cost of Living affect the salary?

With a Cost of Living Index of 100, the local area is on par with the national average. Therefore, the $39,390 salary offers a purchasing power equivalent to the national average, despite being a lower nominal figure.

Are there significant salary increases with experience?

Yes, as with most professions, experience plays a crucial role. Senior Billing and Posting Clerks with specialized skills and a longer tenure typically earn substantially more than entry-level professionals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the South Central Tennessee nonmetropolitan area area with a job density of 2.88 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.