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Average Billing and Posting Clerks Salary in Southwest Maine nonmetropolitan area

Billing and Posting Clerks in the Southwest Maine nonmetropolitan area earn an average annual salary of $47,160. This figure is slightly below the national average of $49,470, reflecting regional economic factors and the specific demand within this less urbanized setting. The localized pay scale is a direct consequence of the area's economic structure and the concentration of businesses requiring these administrative roles.

Executive Summary

  • Average Salary: $47,160 per year.
  • Growth Trend: Salaries have shifted 29.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $57,200.
  • Outlook: With a local workforce of 320 Billing and Posting Clerks, the Southwest Maine nonmetropolitan area demonstrates a stable, albeit niche, employment landscape for this profession. The Location Quotient of 0.82 suggests a slightly lower concentration of these roles compared to the national average, indicating a moderate but consistent demand that is well-integrated into the local economy. The presence of 2.23 jobs per 1,000 workers further solidifies the steady need for skilled billing and posting professionals.
2024 Market Data

Salary Overview

$47,160

The average Billing and Posting Clerks in Southwest Maine nonmetropolitan area earns-4.7%below the national average.

BreakdownBased on 40h/week
Hourly

$22.7

Weekly

$907

Monthly

$3,930

Billing and Posting Clerks Salary Distribution in Southwest Maine nonmetropolitan area

Career progression for Billing and Posting Clerks in Southwest Maine nonmetropolitan area 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 knowledge can command salaries significantly higher, potentially reaching the upper percentiles. These percentile gaps are indicative of the value placed on accumulated expertise and responsibility within the role.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,790$18.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$35,370$17
ManagerOversees team, compliance, and project delivery.50% (Median)$46,400$22.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$58,950$28.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$57,200$27.5

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$47,160

Gross Pay

Real Wage (Purchasing Power)

$47,160

Adjusted for COL (100)

The average annual salary of $47,160 in Southwest Maine 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 comparable to the national average. While the nominal salary is slightly lower than the national average, the equivalent cost of living suggests that the take-home pay offers a similar standard of living to many other parts of the country.

Job Market Context

320

Total Jobs

2.23

Per 1K Jobs

0.82

Location Quotient

Below Average

Southwest Maine 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.

The Location Quotient of 0.82 for Billing and Posting Clerks in Southwest Maine nonmetropolitan area indicates that this profession is slightly less concentrated than the national average. This suggests that while the roles are present and necessary, the market is not saturated, potentially offering a stable environment for those seeking employment. It implies a balanced demand where employers are actively seeking qualified individuals without an overabundance of candidates.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near Southwest Maine nonmetropolitan area

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

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

The median annual salary for a Billing and Posting Clerks in Southwest Maine nonmetropolitan area is $47,160. This typically ranges from $37,790 for entry-level positions to $57,200 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Maine nonmetropolitan area is 4.7% lower than the national median of $49,470.

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

No, not exceptionally lucrative compared to national averages.The average salary of $47,160 is below the national average, though the cost of living is also at the national average. This indicates a standard, rather than lucrative, earning potential for the role in this region.

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

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

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

Some top paying nearby cities include Bangor, ME ($47,050) and Lewiston-Auburn, ME.

How does the number of Billing and Posting Clerks in Southwest Maine compare to the national average?

With 320 Billing and Posting Clerks and 2.23 jobs per 1,000 workers, the concentration is slightly below the national average, as indicated by a Location Quotient of 0.82.

What is the impact of the Cost of Living Index on the salary?

The Cost of Living Index is 100, which is the national average. This means the $47,160 salary has purchasing power equivalent to the national average, despite being slightly lower than the national salary average.

Are there many job opportunities for Billing and Posting Clerks in this area?

The market is stable with a consistent demand, evidenced by 320 local workers and a Location Quotient slightly below average, suggesting a healthy but not overly competitive job market.

How does experience affect salary for Billing and Posting Clerks in Southwest Maine?

As with most roles, experience significantly impacts earnings, with senior clerks earning more than entry-level positions, reflecting increased responsibility and expertise.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Southwest Maine nonmetropolitan area area with a job density of 2.23 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.