SalaryNode

Average Billing and Posting Clerks Salary in St. Louis, MO-IL

Billing and Posting Clerks in the St. Louis, MO-IL area earn an average annual salary of $47,420. This figure is slightly below the national average of $49,470, indicating a localized compensation trend. Factors such as regional economic conditions and the specific demand within the St. Louis metropolitan area likely contribute to this pay differential.

Executive Summary

  • Average Salary: $47,420 per year.
  • Growth Trend: Salaries have shifted 17.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $61,100.
  • Outlook: The St. Louis, MO-IL area supports a robust workforce of 4,120 Billing and Posting Clerks. With a Location Quotient of 1.13, this role is more concentrated here than the national average, suggesting a healthy and potentially growing demand for these professionals within the region.
2024 Market Data

Salary Overview

$47,420

The average Billing and Posting Clerks in St. Louis, MO-IL earns-4.1%below the national average.

BreakdownBased on 40h/week
Hourly

$22.8

Weekly

$912

Monthly

$3,952

Billing and Posting Clerks Salary Distribution in St. Louis, MO-IL

Career progression for Billing and Posting Clerks in St. Louis, MO-IL typically involves salary increases with experience. Entry-level positions may start at the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command significantly higher salaries, often reflecting the top percentiles of the salary distribution.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,360$17
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$35,565$17.1
ManagerOversees team, compliance, and project delivery.50% (Median)$46,470$22.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$59,275$28.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$61,100$29.4

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$47,420

Gross Pay

Real Wage (Purchasing Power)

$47,420

Adjusted for COL (100)

The nominal average salary of $47,420 in St. Louis, MO-IL 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 St. Louis is comparable to the national average, making it neither exceptionally advantageous nor disadvantageous from a cost-of-living perspective.

Job Market Context

4,120

Total Jobs

3.072

Per 1K Jobs

1.13

Location Quotient

Above Average

With a location quotient of 1.13, St. Louis, MO-IL has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

A Location Quotient of 1.13 signifies that Billing and Posting Clerks are 13% more concentrated in St. Louis, MO-IL than the national average. This suggests a slightly more competitive job market, but also indicates a strong presence and established demand for these roles within the local economy.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near St. Louis, MO-IL

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in St. Louis, MO-IL?

The median annual salary for a Billing and Posting Clerks in St. Louis, MO-IL is $47,420. This typically ranges from $35,360 for entry-level positions to $61,100 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in St. Louis, MO-IL is 4.1% lower than the national median of $49,470.

Is St. Louis, MO-IL a lucrative place for Billing and Posting Clerks?

Moderately. The salary is on par with the cost of living.While the average salary of $47,420 is slightly below the national average, it is balanced by a Cost of Living Index of 100. This indicates that your earnings will likely maintain similar purchasing power as they would in a typical U.S. city.

Is St. Louis, MO-IL a good place to live for Billing and Posting Clerks?

The Cost of Living Index in St. Louis, MO-IL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near St. Louis, MO-IL?

Some top paying nearby cities include Springfield, IL ($46,130) and Cape Girardeau, MO-IL.

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

The average annual salary for Billing and Posting Clerks in St. Louis, MO-IL is $47,420, which is approximately $2,050 less than the national average of $49,470.

Is there high demand for Billing and Posting Clerks in St. Louis?

Yes, the Location Quotient of 1.13 suggests that Billing and Posting Clerks are more concentrated in St. Louis than the national average, indicating a robust local demand for these professionals.

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

There are approximately 4,120 Billing and Posting Clerks employed in the St. Louis, MO-IL metropolitan area.

How does the cost of living in St. Louis affect salary perception?

With a Cost of Living Index of 100, St. Louis is at the national average. Therefore, the $47,420 salary offers purchasing power equivalent to the national average, making it neither exceptionally high nor low in real terms.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,120 employees in the St. Louis, MO-IL area with a job density of 3.072 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.