Average Billing and Posting Clerks Salary in Springfield, MA
Billing and Posting Clerks in Springfield, MA, earn an average annual salary of $51,670, which is notably higher than the national average of $49,470. This localized premium is often influenced by regional economic factors and the specific demand within the Springfield metropolitan area for these essential administrative roles.
Executive Summary
- Average Salary: $51,670 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $61,500.
- Outlook: With a local workforce of 480 Billing and Posting Clerks, Springfield, MA, demonstrates a stable presence for this occupation. The Location Quotient of 0.89 suggests that while the concentration is slightly below the national average, the consistent number of jobs per 1,000 workers indicates a steady demand that supports the existing workforce.
Salary Overview
The average Billing and Posting Clerks in Springfield, MA earns+4.4%above the national average.
$24.8
$994
$4,306
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is generally observed that salaries for Billing and Posting Clerks, like many administrative roles, have experienced incremental growth over the past four years. This trend is typically driven by inflation, evolving industry standards, and the increasing complexity of billing and posting systems, necessitating a corresponding rise in compensation.
Billing and Posting Clerks Salary Distribution in Springfield, MA
The career trajectory for Billing and Posting Clerks in Springfield, MA, shows a clear salary progression from entry-level to senior positions. While specific percentile data is absent, the typical gaps between junior and experienced professionals signify substantial earning potential as skills and responsibilities increase, reflecting a robust career path within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $43,290 | $20.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $38,753 | $18.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $50,810 | $24.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $64,588 | $31.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $61,500 | $29.6 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$51,670
Gross Pay
Real Wage (Purchasing Power)
$51,670
Adjusted for COL (100)
The average annual salary of $51,670 in Springfield, MA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Billing and Posting Clerk's salary in Springfield is equivalent to the national standard, offering a balanced financial landscape for residents.
Job Market Context
480
Total Jobs
2.422
Per 1K Jobs
0.89
Location Quotient
Springfield, MA has 0.89x 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.
A Location Quotient of 0.89 indicates that Springfield, MA, has a slightly lower concentration of Billing and Posting Clerks compared to the national average. This suggests that while the occupation is present and necessary, the market is not oversaturated, potentially offering a competitive environment for skilled professionals seeking employment.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| Amherst Town-Northampton, MA Billing and Posting Clerks Salary | $51,260↓ 1% | 18 mi |
| Hartford-West Hartford-East Hartford, CT Billing and Posting Clerks Salary | $54,910↑ 6% | 25 mi |
| Connecticut nonmetropolitan area Billing and Posting Clerks Salary | $49,190↓ 5% | 37 mi |
| Worcester, MA Billing and Posting Clerks Salary | $53,280↑ 3% | 39 mi |
| Pittsfield, MA Billing and Posting Clerks Salary | $50,560↓ 2% | 44 mi |
Comparing salaries near Springfield, MA
Hiring Billing and Posting Clerkss?
Frequently Asked Questions
How much does a Billing and Posting Clerks make in Springfield, MA?
The median annual salary for a Billing and Posting Clerks in Springfield, MA is $51,670. This typically ranges from $43,290 for entry-level positions to $61,500 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Springfield, MA is 4.4% higher than the national median of $49,470.
Is Springfield, MA a lucrative place for Billing and Posting Clerks?
Yes, Springfield, MA offers a competitive salary for Billing and Posting Clerks.The average salary of $51,670 is above the national average, and the cost of living is exactly at the national average, indicating good purchasing power.
Is Springfield, MA a good place to live for Billing and Posting Clerks?
The Cost of Living Index in Springfield, MA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Springfield, MA?
Some top paying nearby cities include Amherst Town-Northampton, MA ($51,260) and Hartford-West Hartford-East Hartford, CT.
What is the average salary for a Billing and Posting Clerk in Springfield, MA?
The average annual salary for a Billing and Posting Clerk in Springfield, MA is $51,670.
How does the Springfield, MA salary compare to the national average?
The average salary in Springfield, MA ($51,670) is higher than the national average ($49,470).
What is the Cost of Living Index in Springfield, MA?
The Cost of Living Index in Springfield, MA is 100, which is the national average.
How concentrated is the Billing and Posting Clerk job market in Springfield, MA?
The job market concentration, measured by the Location Quotient, is 0.89, slightly below the national average, indicating a stable but not overly saturated market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 480 employees in the Springfield, MA area with a job density of 2.422 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 Springfield, MA