Average Billing and Posting Clerks Salary in South Dakota
Billing and Posting Clerks in South Dakota earn an average annual salary of $43,370, which is below the national average of $49,470. This disparity is often influenced by regional economic factors, the overall demand for administrative support roles, and the prevailing wage scales within the state's specific industries.
Executive Summary
- Average Salary: $43,370 per year.
- Growth Trend: Salaries have shifted 25.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $54,090.
- Outlook: With a local workforce of 820 Billing and Posting Clerks, South Dakota presents a moderately sized employment landscape for this profession. The Location Quotient of 0.66 indicates that this role is less concentrated in South Dakota compared to the national average, suggesting a stable but not exceptionally high demand within the state's job market.
Salary Overview
The average Billing and Posting Clerks in South Dakota earns-12.3%below the national average.
$20.9
$834
$3,614
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data for South Dakota is not provided, it is generally assumed that salaries for Billing and Posting Clerks nationwide, and likely within South Dakota, have experienced steady growth over the past four years. This trend is typically driven by inflation, increasing operational complexity, and a consistent need for accurate financial record-keeping across businesses.
Billing and Posting Clerks Salary Distribution in South Dakota
Career progression for Billing and Posting Clerks in South Dakota typically involves moving from entry-level positions to more senior roles, which naturally commands higher compensation. As clerks gain experience and develop specialized skills in areas like accounts receivable or payable, their earning potential increases, reflected in the widening salary gap between junior and senior positions.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $30,280 | $14.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $32,528 | $15.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $43,600 | $21 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $54,213 | $26.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $54,090 | $26 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$43,370
Gross Pay
Real Wage (Purchasing Power)
$47,244
Adjusted for COL (91.8)
The nominal average salary of $43,370 in South Dakota is significantly bolstered by the state's cost of living index of 91.8, which is below the national average of 100. This means that the purchasing power of a Billing and Posting Clerk's salary in South Dakota is effectively higher than the national average, allowing for a better standard of living relative to expenses.
Job Market Context
820
Total Jobs
1.8
Per 1K Jobs
0.66
Location Quotient
South Dakota has 0.66x 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 0.66 signifies that Billing and Posting Clerk roles are less prevalent in South Dakota compared to the national average. This suggests that while opportunities exist, the market is not saturated, potentially offering a stable employment environment for skilled individuals without intense competition.
Nearby Job Markets
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Frequently Asked Questions
How much does a Billing and Posting Clerks make in South Dakota?
The median annual salary for a Billing and Posting Clerks in South Dakota is $43,370. This typically ranges from $30,280 for entry-level positions to $54,090 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in South Dakota is 12.3% lower than the national median of $49,470.
Is South Dakota a lucrative place for Billing and Posting Clerks?
No, not in terms of nominal salary, but yes in terms of purchasing power.While the average salary of $43,370 is below the national average, South Dakota's lower cost of living index of 91.8 makes the effective purchasing power of this salary higher than it appears.
Is South Dakota a good place to live for Billing and Posting Clerks?
With a Cost of Living Index of 91.8 (lower than the national average of 100), your salary goes further here.
How does the number of Billing and Posting Clerks in South Dakota compare nationally?
With 1.8 jobs per 1,000 workers, the concentration of Billing and Posting Clerks in South Dakota is lower than the national average, as indicated by the Location Quotient of 0.66.
What is the typical salary range for Billing and Posting Clerks in South Dakota?
While the average is $43,370, entry-level positions will likely fall below this figure, while senior or specialized roles could command salaries significantly higher, reflecting experience and responsibility.
Does experience significantly impact a Billing and Posting Clerk's salary in South Dakota?
Yes, experience is a key factor in salary progression. More experienced clerks typically earn higher salaries due to their increased efficiency, knowledge, and ability to handle complex tasks.
How does the cost of living in South Dakota affect the Billing and Posting Clerk salary?
The cost of living in South Dakota is 8.2% lower than the national average, meaning that the $43,370 salary provides a greater purchasing power for residents compared to the national average salary in a higher cost-of-living area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 820 employees in the South Dakota area with a job density of 1.8 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 Dakota