Average Billing and Posting Clerks Salary in Southeast Minnesota nonmetropolitan area
Billing and Posting Clerks in the Southeast Minnesota nonmetropolitan area earn an average annual salary of $49,380. This figure is remarkably close to the national average of $49,470, indicating a stable compensation landscape. Factors such as the specific industry mix and regional economic conditions in this nonmetropolitan setting likely contribute to this alignment.
Executive Summary
- Average Salary: $49,380 per year.
- Growth Trend: Salaries have shifted 26.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $59,340.
- Outlook: The job market for Billing and Posting Clerks in Southeast Minnesota's nonmetropolitan area appears moderately stable, with a total local workforce of 260 individuals in this role. The location quotient of 0.63 suggests that this occupation is less concentrated here compared to the national average, implying a potentially less saturated but also less specialized local market for these professionals.
Salary Overview
The average Billing and Posting Clerks in Southeast Minnesota nonmetropolitan area earns-0.2%below the national average.
$23.7
$950
$4,115
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Billing and Posting Clerks in Southeast Minnesota have seen consistent, modest growth over the past four years, mirroring general economic trends and inflation adjustments. This gradual increase would reflect the ongoing demand for accurate financial record-keeping across various local businesses.
Billing and Posting Clerks Salary Distribution in Southeast Minnesota nonmetropolitan area
Career progression for Billing and Posting Clerks typically involves a salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior clerks with extensive experience and specialized skills can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies clear opportunities for career advancement and increased earning potential within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,560 | $18.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,035 | $17.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $48,780 | $23.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $61,725 | $29.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $59,340 | $28.5 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$49,380
Gross Pay
Real Wage (Purchasing Power)
$49,380
Adjusted for COL (100)
The average annual salary of $49,380 in Southeast Minnesota's nonmetropolitan area aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Billing and Posting Clerk's salary in this region is equivalent to the national standard, offering a balanced financial outlook for residents.
Job Market Context
260
Total Jobs
1.7
Per 1K Jobs
0.63
Location Quotient
Southeast Minnesota nonmetropolitan area has 0.63x 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 0.63, the market for Billing and Posting Clerks in Southeast Minnesota's nonmetropolitan area is less concentrated than the national average. This suggests that while the demand might not be exceptionally high, there could be fewer professionals competing for available positions, potentially offering a stable employment environment for skilled individuals.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| St. Cloud, MN Billing and Posting Clerks Salary | $50,780↑ 3% | 17 mi |
| Minneapolis-St. Paul-Bloomington, MN-WI Billing and Posting Clerks Salary | $55,500↑ 12% | 58 mi |
Comparing salaries near Southeast Minnesota nonmetropolitan area
Hiring Billing and Posting Clerkss?
Frequently Asked Questions
How much does a Billing and Posting Clerks make in Southeast Minnesota nonmetropolitan area?
The median annual salary for a Billing and Posting Clerks in Southeast Minnesota nonmetropolitan area is $49,380. This typically ranges from $38,560 for entry-level positions to $59,340 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southeast Minnesota nonmetropolitan area is 0.2% lower than the national median of $49,470.
Is Southeast Minnesota nonmetropolitan area a lucrative place for Billing and Posting Clerks?
It is a stable, not exceptionally lucrative, place for Billing and Posting Clerks.The average salary is on par with the national average, and the cost of living is also at the national average, indicating stable but not high earning potential.
Is Southeast Minnesota nonmetropolitan area a good place to live for Billing and Posting Clerks?
The Cost of Living Index in Southeast Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southeast Minnesota nonmetropolitan area?
Some top paying nearby cities include St. Cloud, MN ($50,780) and Minneapolis-St. Paul-Bloomington, MN-WI.
How does the local workforce size affect job prospects?
A local workforce of 260 Billing and Posting Clerks suggests a moderate-sized employment pool, indicating a steady but not booming demand for these roles within the region.
What does a Location Quotient of 0.63 mean for job seekers?
A location quotient below 1.0, like 0.63, indicates that Billing and Posting Clerks are less common in this nonmetropolitan area compared to the national average, potentially meaning less competition but also fewer specialized opportunities.
How does the cost of living impact the $49,380 salary?
With a cost of living index of 100, the $49,380 salary offers purchasing power equivalent to the national average, making it a fair compensation relative to expenses.
Are there many Billing and Posting Clerk jobs per 1,000 workers in this area?
With 1.7 jobs per 1,000 workers, the density of Billing and Posting Clerk positions is relatively low, suggesting that these roles are not a dominant employment sector in the region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Southeast Minnesota nonmetropolitan area area with a job density of 1.7 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 Southeast Minnesota nonmetropolitan area