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Average Billing and Posting Clerks Salary in Southern Indiana nonmetropolitan area

In Southern Indiana's nonmetropolitan areas, Billing and Posting Clerks earn an average annual salary of $43,860. This figure is notably below the national average of $49,470, reflecting the economic landscape and specific demand dynamics of this region. Factors such as local industry concentration and the overall cost of doing business in nonmetropolitan settings often contribute to these regional pay variations.

Executive Summary

  • Average Salary: $43,860 per year.
  • Growth Trend: Salaries have shifted 26.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $58,580.
  • Outlook: The job market for Billing and Posting Clerks in this Southern Indiana nonmetropolitan area appears stable, with a total local workforce of 440 individuals in this role. The location quotient of 0.82 suggests a slightly lower concentration of these positions compared to the national average, indicating a steady but not exceptionally high demand. The presence of over 2,200 jobs per 1,000 workers further reinforces the existence of a consistent need for these administrative functions within the local economy.
2024 Market Data

Salary Overview

$43,860

The average Billing and Posting Clerks in Southern Indiana nonmetropolitan area earns-11.3%below the national average.

BreakdownBased on 40h/week
Hourly

$21.1

Weekly

$843

Monthly

$3,655

Billing and Posting Clerks Salary Distribution in Southern Indiana nonmetropolitan area

Career progression for Billing and Posting Clerks in this region, as elsewhere, typically involves a salary increase with accumulated experience. Entry-level positions will naturally command lower salaries, while senior clerks with extensive knowledge of billing systems, collections, and client relations can expect to earn significantly more. The percentile gaps in salary distribution, though not detailed here, would signify the earning potential as one moves from a junior to a more experienced or specialized role.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$31,420$15.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$32,895$15.8
ManagerOversees team, compliance, and project delivery.50% (Median)$43,480$20.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$54,825$26.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$58,580$28.2

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$43,860

Gross Pay

Real Wage (Purchasing Power)

$43,860

Adjusted for COL (100)

The nominal average annual salary of $43,860 for Billing and Posting Clerks in Southern Indiana's nonmetropolitan area aligns precisely with the national average cost of living index of 100. This means that, on average, the purchasing power of this salary is equivalent to the national standard. Therefore, relocating to this area for this role would not present an immediate advantage or disadvantage in terms of cost of living relative to income.

Job Market Context

440

Total Jobs

2.231

Per 1K Jobs

0.82

Location Quotient

Below Average

Southern Indiana nonmetropolitan area has 0.82x 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 0.82, the market for Billing and Posting Clerks in this Southern Indiana nonmetropolitan area is slightly less concentrated than the national average. This suggests that while the profession is present and necessary, it is not a dominant industry sector in this specific locale. The job market is likely stable, with a consistent demand driven by local businesses, but perhaps less competitive for job seekers compared to areas with a higher concentration of these roles.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Southern Indiana nonmetropolitan area

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Southern Indiana nonmetropolitan area?

The median annual salary for a Billing and Posting Clerks in Southern Indiana nonmetropolitan area is $43,860. This typically ranges from $31,420 for entry-level positions to $58,580 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southern Indiana nonmetropolitan area is 11.3% lower than the national median of $49,470.

Is Southern Indiana nonmetropolitan area a lucrative place for Billing and Posting Clerks?

No, it is not exceptionally lucrative.The average salary of $43,860 is below the national average, and while the cost of living is on par, there isn't a significant financial advantage for this role in this region.

Is Southern Indiana nonmetropolitan area a good place to live for Billing and Posting Clerks?

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

Where are the highest paying cities near Southern Indiana nonmetropolitan area?

Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($47,370) and Kokomo, IN.

How does the local workforce size impact job availability?

A local workforce of 440 Billing and Posting Clerks indicates a moderate presence of the profession, suggesting a stable but not rapidly expanding job market.

What does a Location Quotient of 0.82 mean for job seekers?

A location quotient below 1.0, like 0.82, implies that Billing and Posting Clerks are slightly less prevalent in this area compared to the national average, suggesting a balanced job market.

Does the Cost of Living Index of 100 affect salary expectations?

A Cost of Living Index of 100 means the local expenses are average nationally, so the $43,860 salary has average purchasing power without significant cost-of-living-based adjustments.

What is the significance of 'Jobs per 1,000 Workers' for this role?

The figure of 2.231 jobs per 1,000 workers indicates the relative density of Billing and Posting Clerk positions within the overall employed population, showing a consistent need for these services.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 440 employees in the Southern Indiana nonmetropolitan area area with a job density of 2.231 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.