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Average Billing and Posting Clerks Salary in Trenton-Princeton, NJ

Billing and Posting Clerks in the Trenton-Princeton, NJ area earn an average annual salary of $52,510, which is notably higher than the national average of $49,470. This elevated compensation reflects the specific economic dynamics and demand within this particular metropolitan region, often influenced by the presence of key industries and a skilled labor pool.

Executive Summary

  • Average Salary: $52,510 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $66,350.
  • Outlook: The Trenton-Princeton area supports a local workforce of 620 Billing and Posting Clerks, with a jobs-per-1,000-workers ratio of 2.612. The Location Quotient of 0.96 suggests a market that is nearly on par with the national average in terms of concentration, indicating a stable and consistent demand for these roles without being overly saturated.
2024 Market Data

Salary Overview

$52,510

The average Billing and Posting Clerks in Trenton-Princeton, NJ earns+6.1%above the national average.

BreakdownBased on 40h/week
Hourly

$25.3

Weekly

$1,010

Monthly

$4,376

Billing and Posting Clerks Salary Distribution in Trenton-Princeton, NJ

Career progression for Billing and Posting Clerks typically involves a salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior clerks with extensive experience and specialized skills can command salaries significantly above the average, often reaching the upper percentiles. These percentile gaps clearly signify the career advancement opportunities available.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,620$18.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$39,383$18.9
ManagerOversees team, compliance, and project delivery.50% (Median)$49,630$23.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$65,638$31.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$66,350$31.9

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$52,510

Gross Pay

Real Wage (Purchasing Power)

$52,510

Adjusted for COL (100)

With an average annual salary of $52,510 and a Cost of Living Index of 100, Billing and Posting Clerks in Trenton-Princeton find their nominal earnings directly align with the national average cost of living. This means that the purchasing power of their salary is comparable to that of their counterparts in other average-cost regions across the country.

Job Market Context

620

Total Jobs

2.612

Per 1K Jobs

0.96

Location Quotient

Below Average

Trenton-Princeton, NJ has 0.96x 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 0.96 indicates that Billing and Posting Clerk roles are slightly less concentrated in Trenton-Princeton compared to the national average. This suggests a balanced job market where opportunities exist, but the field is not disproportionately represented, offering a competitive yet accessible environment for job seekers.

Nearby Job Markets

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in Trenton-Princeton, NJ?

The median annual salary for a Billing and Posting Clerks in Trenton-Princeton, NJ is $52,510. This typically ranges from $38,620 for entry-level positions to $66,350 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Trenton-Princeton, NJ is 6.1% higher than the national median of $49,470.

Is Trenton-Princeton, NJ a lucrative place for Billing and Posting Clerks?

Yes, it offers a competitive salary.Billing and Posting Clerks in Trenton-Princeton earn $52,510 annually, exceeding the national average. This compensation is particularly attractive given the local cost of living is at the national average.

Is Trenton-Princeton, NJ a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Trenton-Princeton, NJ is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Trenton-Princeton, NJ?

Some top paying nearby cities include Philadelphia-Camden-Wilmington, PA-NJ-DE-MD ($52,750) and Allentown-Bethlehem-Easton, PA-NJ.

How does the local salary compare to the national average?

The average annual salary for Billing and Posting Clerks in Trenton-Princeton is $52,510, which is $3,040 higher than the national average of $49,470.

What is the concentration of Billing and Posting Clerks in Trenton-Princeton?

The concentration, measured by the Location Quotient, is 0.96, indicating that the presence of these roles in Trenton-Princeton is very close to the national average.

How does the cost of living affect the salary in Trenton-Princeton?

The Cost of Living Index in Trenton-Princeton is 100, meaning it aligns with the national average. Therefore, the $52,510 salary offers purchasing power equivalent to the national average.

What is the total number of Billing and Posting Clerks in the Trenton-Princeton area?

There are approximately 620 Billing and Posting Clerks employed within the Trenton-Princeton metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 620 employees in the Trenton-Princeton, NJ area with a job density of 2.612 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.