SalaryNode

Average Billing and Posting Clerks Salary in St. Cloud, MN

Billing and Posting Clerks in St. Cloud, MN, earn an average annual salary of $50,780. This figure slightly surpasses the national average of $49,470, indicating a competitive local market. Factors such as the specific industry demands within St. Cloud and the overall economic landscape contribute to this slightly elevated compensation.

Executive Summary

  • Average Salary: $50,780 per year.
  • Growth Trend: Salaries have shifted 23.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $67,820.
  • Outlook: With a total local workforce of 210 Billing and Posting Clerks, St. Cloud presents a stable employment environment for this role. The Location Quotient of 0.76 suggests that while the concentration of these roles is slightly below the national average, the absolute number indicates a consistent demand and a dedicated segment of the workforce.
2024 Market Data

Salary Overview

$50,780

The average Billing and Posting Clerks in St. Cloud, MN earns+2.6%above the national average.

BreakdownBased on 40h/week
Hourly

$24.4

Weekly

$977

Monthly

$4,232

Billing and Posting Clerks Salary Distribution in St. Cloud, MN

Career progression for Billing and Posting Clerks typically involves moving from entry-level positions to more senior or specialized roles. As experience accumulates, individuals can expect to see their salaries increase, with significant percentile gaps often observed between junior and senior practitioners. These gaps reflect the increased responsibility, specialized knowledge, and proven track record that senior clerks bring to their organizations.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$40,700$19.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$38,085$18.3
ManagerOversees team, compliance, and project delivery.50% (Median)$48,430$23.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$63,475$30.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$67,820$32.6

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$50,780

Gross Pay

Real Wage (Purchasing Power)

$50,780

Adjusted for COL (100)

The average annual salary of $50,780 in St. Cloud, MN, aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of a Billing and Posting Clerk's salary in St. Cloud is equivalent to the national average, offering a stable financial standing without the immediate pressure of higher or lower living expenses.

Job Market Context

210

Total Jobs

2.063

Per 1K Jobs

0.76

Location Quotient

Below Average

St. Cloud, MN has 0.76x 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 0.76 for Billing and Posting Clerks in St. Cloud indicates a slightly lower concentration of these jobs compared to the national average. This suggests that while the profession is present and necessary, it is not a dominant sector within the local economy, potentially leading to a moderately competitive job market for new entrants.

Nearby Job Markets

Frequently Asked Questions

How much does a Billing and Posting Clerks make in St. Cloud, MN?

The median annual salary for a Billing and Posting Clerks in St. Cloud, MN is $50,780. This typically ranges from $40,700 for entry-level positions to $67,820 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in St. Cloud, MN is 2.6% higher than the national median of $49,470.

Is St. Cloud, MN a lucrative place for Billing and Posting Clerks?

Yes, it offers competitive compensation.Billing and Posting Clerks in St. Cloud earn slightly above the national average salary. Coupled with a cost of living at the national average, this makes the location financially stable for these professionals.

Is St. Cloud, MN a good place to live for Billing and Posting Clerks?

The Cost of Living Index in St. Cloud, MN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near St. Cloud, MN?

Some top paying nearby cities include Northwest Minnesota nonmetropolitan area ($51,030) and Southeast Minnesota nonmetropolitan area.

How does the St. Cloud salary compare to the national average?

The average annual salary for Billing and Posting Clerks in St. Cloud, MN is $50,780, which is slightly higher than the national average of $49,470.

What is the Cost of Living in St. Cloud, MN?

St. Cloud, MN has a Cost of Living Index of 100, which is exactly the national average. This means the general cost of goods and services is comparable to the rest of the country.

How concentrated are Billing and Posting Clerk jobs in St. Cloud?

The concentration of Billing and Posting Clerk jobs in St. Cloud, indicated by a Location Quotient of 0.76, is slightly below the national average, suggesting a moderate presence of these roles within the local job market.

What is the total number of Billing and Posting Clerks in St. Cloud?

There are approximately 210 Billing and Posting Clerks employed in the St. Cloud, MN area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the St. Cloud, MN area with a job density of 2.063 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.