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Average Billing and Posting Clerks Salary in Spartanburg, SC

In Spartanburg, SC, Billing and Posting Clerks earn an average annual salary of $44,680. This figure is slightly below the national average of $49,470, a common occurrence in areas with a lower cost of living and a more localized demand for specific administrative roles. The economic landscape and industry concentration in Spartanburg directly influence compensation levels for these essential positions.

Executive Summary

  • Average Salary: $44,680 per year.
  • Growth Trend: Salaries have shifted 14.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $47,850.
  • Outlook: With a local workforce of 570 Billing and Posting Clerks, Spartanburg, SC demonstrates a notable concentration of these roles, as indicated by a Location Quotient of 1.29. This suggests that the demand for these professionals is higher locally than the national average, implying a relatively robust job market for individuals in this field within the region.
2024 Market Data

Salary Overview

$44,680

The average Billing and Posting Clerks in Spartanburg, SC earns-9.7%below the national average.

BreakdownBased on 40h/week
Hourly

$21.5

Weekly

$859

Monthly

$3,723

Billing and Posting Clerks Salary Distribution in Spartanburg, SC

Career progression for Billing and Posting Clerks in Spartanburg, SC, typically involves a salary scale that increases with experience. Entry-level positions may start at a lower percentile, while senior or lead roles command higher salaries, reflecting accumulated expertise and responsibility. The gap between entry-level and senior salaries signifies a clear path for career advancement within the profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,240$18.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$33,510$16.1
ManagerOversees team, compliance, and project delivery.50% (Median)$46,700$22.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$55,850$26.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$47,850$23

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$44,680

Gross Pay

Real Wage (Purchasing Power)

$44,680

Adjusted for COL (100)

The average annual salary of $44,680 for Billing and Posting Clerks in Spartanburg, SC, aligns perfectly with the local Cost of Living Index of 100. This means that the nominal salary holds its purchasing power directly in line with the national average, offering a stable financial standing for residents without the added pressure of a higher cost of living.

Job Market Context

570

Total Jobs

3.483

Per 1K Jobs

1.29

Location Quotient

Above Average

With a location quotient of 1.29, Spartanburg, SC has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

A Location Quotient of 1.29 indicates that Billing and Posting Clerk roles are more concentrated in Spartanburg, SC, than the national average. This suggests a potentially competitive market for employers seeking talent, but also signifies a healthy availability of opportunities for job seekers within this specific occupational category in the region.

Nearby Job Markets

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Frequently Asked Questions

How much does a Billing and Posting Clerks make in Spartanburg, SC?

The median annual salary for a Billing and Posting Clerks in Spartanburg, SC is $44,680. This typically ranges from $38,240 for entry-level positions to $47,850 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Spartanburg, SC is 9.7% lower than the national median of $49,470.

Is Spartanburg, SC a lucrative place for Billing and Posting Clerks?

No, not significantly more lucrative than the national average.While the cost of living is on par with the national average, the average salary of $44,680 is below the national average of $49,470. The higher concentration of roles suggests demand, but not necessarily higher pay.

Is Spartanburg, SC a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Spartanburg, SC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Spartanburg, SC?

Some top paying nearby cities include Greenville-Anderson-Greer, SC ($43,330) and Asheville, NC.

How does Spartanburg's cost of living compare to the national average?

Spartanburg, SC has a Cost of Living Index of 100, which is exactly on par with the national average. This means that the general cost of goods and services is neither significantly higher nor lower than the national benchmark.

Are there many Billing and Posting Clerk jobs in Spartanburg, SC?

Yes, the data indicates a higher concentration of Billing and Posting Clerk jobs in Spartanburg, SC, with 3.483 jobs per 1,000 workers and a Location Quotient of 1.29, both exceeding the national average.

How does the average salary compare to the national average?

The average annual salary for Billing and Posting Clerks in Spartanburg, SC, is $44,680, which is approximately $4,790 less than the national average of $49,470.

What does the Location Quotient of 1.29 mean for this role in Spartanburg?

A Location Quotient of 1.29 signifies that Billing and Posting Clerk jobs are 29% more concentrated in Spartanburg, SC, compared to the national average, suggesting a stronger local presence and demand for this profession.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 570 employees in the Spartanburg, SC area with a job density of 3.483 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.