Average Billing and Posting Clerks Salary in Toledo, OH
Billing and Posting Clerks in Toledo, OH, earn an average annual salary of $45,570. This figure is slightly below the national average of $49,470, a common occurrence in markets where local economic factors and industry concentration influence compensation levels. While the nominal salary may appear lower, it's crucial to consider the local economic landscape and cost of living.
Executive Summary
- Average Salary: $45,570 per year.
- Growth Trend: Salaries have shifted 17.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $57,700.
- Outlook: With a local workforce of 770 Billing and Posting Clerks, Toledo presents a stable, albeit not exceptionally concentrated, job market for this role. The Location Quotient of 0.97 indicates that the concentration of these professionals in Toledo is very close to the national average, suggesting a steady demand that aligns with the general needs of businesses in the region. The presence of 2.625 jobs per 1,000 workers further supports a consistent, albeit moderate, employment outlook.
Salary Overview
The average Billing and Posting Clerks in Toledo, OH earns-7.9%below the national average.
$21.9
$876
$3,798
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data for Toledo's Billing and Posting Clerk salaries over the past four years is not provided, it is reasonable to assume a general upward trend mirroring national patterns. Economic growth, inflation, and evolving industry demands typically contribute to incremental salary increases for clerical roles. Therefore, professionals in this field in Toledo can likely anticipate modest salary growth over time, reflecting broader economic adjustments.
Billing and Posting Clerks Salary Distribution in Toledo, OH
The career trajectory for Billing and Posting Clerks typically involves a progression from entry-level to senior positions, with corresponding salary increases. Entry-level roles might start closer to the lower percentiles, while experienced clerks with specialized skills or supervisory responsibilities can command salaries in the higher percentiles. The salary distribution, though not detailed here, generally signifies that accumulating experience and expertise is key to advancing earning potential within this profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,200 | $17.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,178 | $16.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,730 | $21.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $56,963 | $27.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $57,700 | $27.7 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$45,570
Gross Pay
Real Wage (Purchasing Power)
$45,570
Adjusted for COL (100)
The average annual salary of $45,570 for Billing and Posting Clerks in Toledo, OH, is directly comparable to the national average cost of living index of 100. This means that the purchasing power of the salary in Toledo is effectively aligned with the national standard. While the nominal income might be slightly lower than the national average, the equivalent cost of living suggests that the real value of the salary is maintained, making Toledo a financially neutral location from a cost-of-living perspective.
Job Market Context
770
Total Jobs
2.625
Per 1K Jobs
0.97
Location Quotient
Toledo, OH has 0.97x 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 0.97 for Billing and Posting Clerks in Toledo, OH, signifies a job market that closely mirrors the national average in terms of professional concentration. This indicates a balanced supply and demand dynamic, where the number of professionals in the field is neither significantly overabundant nor scarce relative to the national landscape. Businesses in Toledo can expect a readily available pool of qualified candidates without facing extreme competition for talent.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| Monroe, MI Billing and Posting Clerks Salary | $46,490↑ 2% | 20 mi |
| Ann Arbor, MI Billing and Posting Clerks Salary | $48,570↑ 7% | 43 mi |
| Sandusky, OH Billing and Posting Clerks Salary | $44,960↓ 1% | 48 mi |
| Detroit-Warren-Dearborn, MI Billing and Posting Clerks Salary | $47,780↑ 5% | 54 mi |
| Jackson, MI Billing and Posting Clerks Salary | $46,150↑ 1% | 58 mi |
Comparing salaries near Toledo, OH
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Frequently Asked Questions
How much does a Billing and Posting Clerks make in Toledo, OH?
The median annual salary for a Billing and Posting Clerks in Toledo, OH is $45,570. This typically ranges from $36,200 for entry-level positions to $57,700 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Toledo, OH is 7.9% lower than the national median of $49,470.
Is Toledo, OH a lucrative place for Billing and Posting Clerks?
No, not exceptionally lucrative compared to the national average.While the cost of living is average, the nominal salary of $45,570 is below the national average of $49,470. The market concentration is also very close to the national average, indicating no significant premium for working in Toledo.
Is Toledo, OH a good place to live for Billing and Posting Clerks?
The Cost of Living Index in Toledo, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Toledo, OH?
Some top paying nearby cities include Monroe, MI ($46,490) and Ann Arbor, MI.
How does Toledo's cost of living affect salary expectations?
Toledo's cost of living index is 100, matching the national average. This means the $45,570 salary has purchasing power equivalent to the national average, offsetting the slightly lower nominal pay.
What is the job market like for Billing and Posting Clerks in Toledo?
The market is stable with a workforce of 770 and a location quotient of 0.97, indicating a concentration very close to the national average, suggesting consistent demand.
How many Billing and Posting Clerk jobs are there per 1,000 workers in Toledo?
There are approximately 2.625 Billing and Posting Clerk jobs per 1,000 workers in Toledo, OH, reflecting a moderate level of employment for this role.
Does experience significantly impact salary for Billing and Posting Clerks in Toledo?
Yes, like most roles, experience is a key factor. Entry-level positions will be at the lower end of the salary scale, while senior clerks with more responsibilities and expertise will command higher salaries, moving towards the upper percentiles.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 770 employees in the Toledo, OH area with a job density of 2.625 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 Toledo, OH