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Average Billing and Posting Clerks Salary in Southwest Colorado nonmetropolitan area

Billing and Posting Clerks in the Southwest Colorado nonmetropolitan area earn an average annual salary of $49,790. This figure is slightly above the national average of $49,470, suggesting a localized demand or specific economic factors influencing compensation in this region. The unique economic landscape of nonmetropolitan areas often necessitates competitive pay to attract and retain skilled administrative professionals.

Executive Summary

  • Average Salary: $49,790 per year.
  • Growth Trend: Salaries have shifted 22.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $60,620.
  • Outlook: The job market for Billing and Posting Clerks in Southwest Colorado appears stable, with a local workforce of 350 individuals. The Location Quotient of 1.19 indicates a slightly higher concentration of these roles compared to the national average, suggesting a moderate but consistent demand for this profession within the region's economic structure.
2024 Market Data

Salary Overview

$49,790

The average Billing and Posting Clerks in Southwest Colorado nonmetropolitan area earns+0.6%above the national average.

BreakdownBased on 40h/week
Hourly

$23.9

Weekly

$958

Monthly

$4,149

Billing and Posting Clerks Salary Distribution in Southwest Colorado nonmetropolitan area

Career progression for Billing and Posting Clerks typically involves moving from entry-level positions to more senior roles, which are compensated at higher salary percentiles. As clerks gain experience, develop specialized skills, and take on greater responsibilities, their earning potential increases significantly, with noticeable gaps between the lower and upper salary percentiles reflecting this advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,070$18.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$37,343$18
ManagerOversees team, compliance, and project delivery.50% (Median)$49,040$23.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$62,238$29.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$60,620$29.1

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$49,790

Gross Pay

Real Wage (Purchasing Power)

$49,790

Adjusted for COL (100)

With an average annual salary of $49,790 and a Cost of Living Index of 100 (matching the national average), the nominal salary in Southwest Colorado offers purchasing power equivalent to the national standard. This means that the $49,790 earned locally will likely cover expenses at a rate comparable to what $49,470 would cover nationally, providing a stable financial footing.

Job Market Context

350

Total Jobs

3.224

Per 1K Jobs

1.19

Location Quotient

Above Average

With a location quotient of 1.19, Southwest Colorado nonmetropolitan area has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

The Location Quotient of 1.19 for Billing and Posting Clerks in Southwest Colorado signifies a slightly higher prevalence of these roles compared to the national average. This suggests that the market is neither oversaturated nor exceptionally scarce, indicating a healthy balance where employers actively seek these professionals, and a reasonable number of opportunities exist for qualified candidates.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Southwest Colorado nonmetropolitan area

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Southwest Colorado nonmetropolitan area?

The median annual salary for a Billing and Posting Clerks in Southwest Colorado nonmetropolitan area is $49,790. This typically ranges from $38,070 for entry-level positions to $60,620 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Colorado nonmetropolitan area is 0.6% higher than the national median of $49,470.

Is Southwest Colorado nonmetropolitan area a lucrative place for Billing and Posting Clerks?

Yes, it offers a competitive salary slightly above the national average.The average salary of $49,790 slightly exceeds the national average, and the cost of living is on par with the national index, making it a financially stable location for these professionals.

Is Southwest Colorado nonmetropolitan area a good place to live for Billing and Posting Clerks?

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

Where are the highest paying cities near Southwest Colorado nonmetropolitan area?

Some top paying nearby cities include Colorado Springs, CO ($49,720) and Pueblo, CO.

How does the local workforce size impact job availability?

A local workforce of 350 suggests a contained but dedicated pool of Billing and Posting Clerks, indicating that while the market isn't vast, opportunities are likely consistent for those within the region.

What does a Location Quotient of 1.19 mean for job seekers?

A Location Quotient of 1.19 means there's a slightly higher concentration of Billing and Posting Clerk jobs in Southwest Colorado compared to the national average, suggesting a favorable market for job seekers in this role.

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

With a Cost of Living Index of 100, the $49,790 salary in Southwest Colorado has the same purchasing power as the national average salary, indicating a balanced economic environment.

Are there many Billing and Posting Clerk jobs per capita?

With 3.224 jobs per 1,000 workers, Southwest Colorado shows a steady presence of Billing and Posting Clerk roles, reflecting consistent demand within the local economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Southwest Colorado nonmetropolitan area area with a job density of 3.224 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.