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Average Billing and Posting Clerks Salary in Southeast Missouri nonmetropolitan area

Billing and Posting Clerks in the Southeast Missouri nonmetropolitan area earn an average annual salary of $39,670. This figure is notably below the national average of $49,470, reflecting regional economic factors and a potentially lower demand for specialized administrative roles compared to larger metropolitan hubs. The specific economic landscape and industry concentration within this nonmetropolitan region directly influence compensation levels for these positions.

Executive Summary

  • Average Salary: $39,670 per year.
  • Growth Trend: Salaries have shifted 13.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $52,820.
  • Outlook: The job market for Billing and Posting Clerks in Southeast Missouri appears stable, with a local workforce of 560 individuals. The Location Quotient of 1.26 suggests a slightly higher concentration of these roles compared to the national average, indicating a modest but present demand within the region. While not a booming market, the consistent presence of these positions implies ongoing opportunities for skilled professionals.
2024 Market Data

Salary Overview

$39,670

The average Billing and Posting Clerks in Southeast Missouri nonmetropolitan area earns-19.8%below the national average.

BreakdownBased on 40h/week
Hourly

$19.1

Weekly

$763

Monthly

$3,306

Billing and Posting Clerks Salary Distribution in Southeast Missouri nonmetropolitan area

Career progression for Billing and Posting Clerks typically involves moving from entry-level to more senior or specialized roles, which is often reflected in salary increases. While specific percentile data isn't available, the gap between starting salaries and those earned by experienced professionals generally widens with increased responsibility, proficiency in billing software, and a deeper understanding of financial processes. These percentile gaps signify tangible career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$31,410$15.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$29,753$14.3
ManagerOversees team, compliance, and project delivery.50% (Median)$37,410$18
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$49,588$23.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$52,820$25.4

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$39,670

Gross Pay

Real Wage (Purchasing Power)

$39,670

Adjusted for COL (100)

The nominal average salary of $39,670 in Southeast Missouri's nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that salary is equivalent to the national average, making the lower nominal wage more palatable within the local economic context.

Job Market Context

560

Total Jobs

3.411

Per 1K Jobs

1.26

Location Quotient

Above Average

With a location quotient of 1.26, Southeast Missouri 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 1.26, Southeast Missouri's nonmetropolitan area exhibits a slightly higher concentration of Billing and Posting Clerk positions than the national average. This suggests that while the roles are present and perhaps slightly more prevalent than in a typical area, the market is not oversaturated, indicating a balanced environment for job seekers and employers alike.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Southeast Missouri nonmetropolitan area

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Southeast Missouri nonmetropolitan area?

The median annual salary for a Billing and Posting Clerks in Southeast Missouri nonmetropolitan area is $39,670. This typically ranges from $31,410 for entry-level positions to $52,820 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southeast Missouri nonmetropolitan area is 19.8% lower than the national median of $49,470.

Is Southeast Missouri nonmetropolitan area a lucrative place for Billing and Posting Clerks?

No, it is not considered lucrative compared to national averages.The average salary of $39,670 is significantly lower than the national average of $49,470. However, the cost of living is also at the national average, mitigating the impact of the lower nominal wage.

Is Southeast Missouri nonmetropolitan area a good place to live for Billing and Posting Clerks?

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

Where are the highest paying cities near Southeast Missouri nonmetropolitan area?

Some top paying nearby cities include Jefferson City, MO ($43,340) and Columbia, MO.

What is the average salary for a Billing and Posting Clerk in Southeast Missouri?

The average annual salary for a Billing and Posting Clerk in the Southeast Missouri nonmetropolitan area is $39,670.

How does the Southeast Missouri salary compare to the national average?

The average salary in Southeast Missouri ($39,670) is lower than the national average salary of $49,470 for Billing and Posting Clerks.

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

The region has a Location Quotient of 1.26, indicating a slightly higher concentration of Billing and Posting Clerks compared to the national average.

How does the cost of living affect the salary in Southeast Missouri?

The Cost of Living Index is 100, which is the national average. This means the $39,670 salary has purchasing power equivalent to the national average, despite being a lower nominal figure.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 560 employees in the Southeast Missouri nonmetropolitan area area with a job density of 3.411 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.