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Average Billing and Posting Clerks Salary in South Illinois nonmetropolitan area

Billing and Posting Clerks in the South Illinois nonmetropolitan area earn an average annual salary of $43,180. This figure is notably below the national average of $49,470, reflecting regional economic factors and potentially a lower demand for specialized administrative roles compared to more urbanized areas. The local pay scale is thus adjusted to align with the economic landscape of this specific region.

Executive Summary

  • Average Salary: $43,180 per year.
  • Growth Trend: Salaries have shifted 29.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $54,850.
  • Outlook: The South Illinois nonmetropolitan area supports a local workforce of 410 Billing and Posting Clerks. With a Location Quotient of 1.07, the concentration of these roles is slightly above the national average, suggesting a stable, albeit not rapidly expanding, demand within the region. The presence of nearly 3 jobs per 1,000 workers indicates a consistent need for these professionals in the local economy.
2024 Market Data

Salary Overview

$43,180

The average Billing and Posting Clerks in South Illinois nonmetropolitan area earns-12.7%below the national average.

BreakdownBased on 40h/week
Hourly

$20.8

Weekly

$830

Monthly

$3,598

Billing and Posting Clerks Salary Distribution in South Illinois 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 is gained, individuals can expect their salaries to rise, with higher percentiles reflecting greater expertise and a proven track record. The salary distribution, while not detailed here, would show a widening gap between the lowest and highest earners as experience levels increase.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,590$17.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$32,385$15.6
ManagerOversees team, compliance, and project delivery.50% (Median)$40,520$19.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$53,975$25.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$54,850$26.4

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$43,180

Gross Pay

Real Wage (Purchasing Power)

$43,180

Adjusted for COL (100)

The average annual salary of $43,180 in South Illinois nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, offering a stable financial footing for residents without the added pressure of higher living expenses often found in metropolitan areas.

Job Market Context

410

Total Jobs

2.899

Per 1K Jobs

1.07

Location Quotient

Above Average

With a location quotient of 1.07, South Illinois 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 for Billing and Posting Clerks in South Illinois indicates a slightly higher concentration of these jobs compared to the national average. This suggests that the job market in this region is neither oversaturated nor critically lacking in these roles, presenting a balanced environment for both job seekers and employers. The market is stable, with demand meeting supply at a slightly elevated level.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near South Illinois nonmetropolitan area

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

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

The median annual salary for a Billing and Posting Clerks in South Illinois nonmetropolitan area is $43,180. This typically ranges from $35,590 for entry-level positions to $54,850 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Illinois nonmetropolitan area is 12.7% lower than the national median of $49,470.

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

No, it is not exceptionally lucrative compared to the national average.The average salary of $43,180 is below the national average of $49,470, though the cost of living is on par. While the concentration of jobs is slightly above average, the overall compensation is lower.

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

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

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

Some top paying nearby cities include Bloomington, IL ($45,510) and Decatur, IL.

How does the local salary compare to the national average?

The average annual salary for Billing and Posting Clerks in South Illinois nonmetropolitan area is $43,180, which is $6,290 less than the national average of $49,470.

What is the job concentration for Billing and Posting Clerks in this area?

The Location Quotient is 1.07, indicating a slightly higher concentration of Billing and Posting Clerk jobs in South Illinois nonmetropolitan area compared to the national average.

How does the cost of living affect the salary's value?

With a Cost of Living Index of 100, the local salary of $43,180 has the same purchasing power as the national average salary, meaning expenses are neither higher nor lower than the typical American.

What is the total number of Billing and Posting Clerks in this region?

There are approximately 410 Billing and Posting Clerks employed in the South Illinois nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 410 employees in the South Illinois nonmetropolitan area area with a job density of 2.899 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.