Average Billing and Posting Clerks Salary in Southwest Minnesota nonmetropolitan area
Billing and Posting Clerks in the Southwest Minnesota nonmetropolitan area earn an average annual salary of $49,350. This figure is remarkably close to the national average of $49,470, indicating a stable compensation landscape. The localized pay is influenced by the specific economic drivers and labor demands within this region.
Executive Summary
- Average Salary: $49,350 per year.
- Growth Trend: Salaries have shifted 30.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $60,180.
- Outlook: With a local workforce of 230 Billing and Posting Clerks, the Southwest Minnesota nonmetropolitan area presents a moderately sized employment sector for this role. The Location Quotient of 0.74 suggests a slightly lower concentration of these professionals compared to the national average, implying a steady but not overwhelmingly saturated job market.
Salary Overview
The average Billing and Posting Clerks in Southwest Minnesota nonmetropolitan area earns-0.2%below the national average.
$23.7
$949
$4,113
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data for this precise region and role isn't provided, it's generally assumed that salaries for Billing and Posting Clerks across the nation, including nonmetropolitan areas, have experienced consistent growth over the past four years. This trend is typically driven by inflation, increasing demand for administrative support, and the evolving complexity of billing systems.
Billing and Posting Clerks Salary Distribution in Southwest Minnesota nonmetropolitan area
Career progression for Billing and Posting Clerks typically involves a salary increase with accumulated experience. Entry-level positions may start at the lower end of the pay scale, while senior clerks with extensive knowledge of billing procedures and software can command significantly higher salaries, reflecting the value of their expertise and the percentile gaps in earnings.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,010 | $19.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,013 | $17.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $48,820 | $23.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $61,688 | $29.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $60,180 | $28.9 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$49,350
Gross Pay
Real Wage (Purchasing Power)
$49,350
Adjusted for COL (100)
The nominal average annual salary of $49,350 in Southwest Minnesota 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 that of their national counterparts, offering a stable financial footing for residents.
Job Market Context
230
Total Jobs
1.991
Per 1K Jobs
0.74
Location Quotient
Southwest Minnesota nonmetropolitan area has 0.74x 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 0.74 for Billing and Posting Clerks in Southwest Minnesota nonmetropolitan area indicates that the job market is less concentrated than the national average. This suggests that while the role is present, it may not be as ubiquitous as in larger metropolitan hubs, potentially offering unique opportunities for dedicated professionals.
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 Southwest Minnesota nonmetropolitan area
Hiring Billing and Posting Clerkss?
Frequently Asked Questions
How much does a Billing and Posting Clerks make in Southwest Minnesota nonmetropolitan area?
The median annual salary for a Billing and Posting Clerks in Southwest Minnesota nonmetropolitan area is $49,350. This typically ranges from $41,010 for entry-level positions to $60,180 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwest Minnesota nonmetropolitan area is 0.2% lower than the national median of $49,470.
Is Southwest Minnesota nonmetropolitan area a lucrative place for Billing and Posting Clerks?
Yes, it offers competitive compensation relative to the cost of living.The average salary of $49,350 is on par with the national average, and with a Cost of Living Index of 100, your earnings hold strong purchasing power.
Is Southwest Minnesota nonmetropolitan area a good place to live for Billing and Posting Clerks?
The Cost of Living Index in Southwest Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwest 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 opportunities?
A local workforce of 230 suggests a stable, established presence for Billing and Posting Clerks, indicating consistent demand without extreme competition.
What does a Location Quotient of 0.74 mean for job seekers?
A Location Quotient below 1.0 signifies a lower concentration of this role compared to the national average, which could mean fewer openings but potentially less competition for those available.
How does the cost of living impact salary perception?
With a Cost of Living Index at 100, the $49,350 salary has the same buying power as the national average, making it a fair compensation for the region.
Are there many Billing and Posting Clerk jobs per capita in this area?
With 1.991 jobs per 1,000 workers, the density of Billing and Posting Clerk roles is slightly below the national average, reflecting the nonmetropolitan nature of the area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Southwest Minnesota nonmetropolitan area area with a job density of 1.991 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 Southwest Minnesota nonmetropolitan area