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Average Billing and Posting Clerks Salary in West Arkansas nonmetropolitan area

Billing and Posting Clerks in the West Arkansas nonmetropolitan area earn an average annual salary of $38,510. This figure is notably below the national average of $49,470, reflecting regional economic factors and demand specific to this area. The unique economic landscape of nonmetropolitan West Arkansas influences compensation levels for these essential administrative roles.

Executive Summary

  • Average Salary: $38,510 per year.
  • Growth Trend: Salaries have shifted 16.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $46,580.
  • Outlook: The job market for Billing and Posting Clerks in West Arkansas, with a total local workforce of 240, indicates a stable, albeit niche, presence. The Location Quotient of 1.04 suggests that this role is slightly more concentrated here than the national average, implying a steady, consistent demand within the local economy for these professionals.
2024 Market Data

Salary Overview

$38,510

The average Billing and Posting Clerks in West Arkansas nonmetropolitan area earns-22.2%below the national average.

BreakdownBased on 40h/week
Hourly

$18.5

Weekly

$741

Monthly

$3,209

Billing and Posting Clerks Salary Distribution in West Arkansas nonmetropolitan area

Career progression for Billing and Posting Clerks typically involves a salary increase 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 higher salaries. The percentile gaps in earnings signify clear opportunities for career advancement and increased earning potential within this occupation.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$30,170$14.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$28,883$13.9
ManagerOversees team, compliance, and project delivery.50% (Median)$35,680$17.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$48,138$23.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$46,580$22.4

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$38,510

Gross Pay

Real Wage (Purchasing Power)

$38,510

Adjusted for COL (100)

The average annual salary of $38,510 in West Arkansas aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal income earned by Billing and Posting Clerks in this region holds purchasing power equivalent to the national average, offering a balanced financial standing relative to general living expenses.

Job Market Context

240

Total Jobs

2.822

Per 1K Jobs

1.04

Location Quotient

Above Average

With a location quotient of 1.04, West Arkansas nonmetropolitan area has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

With a Location Quotient of 1.04, the market for Billing and Posting Clerks in West Arkansas is slightly more concentrated than the national average. This suggests that while the demand is present and perhaps marginally higher per capita than elsewhere, the job market is not oversaturated, indicating a balanced environment for job seekers and employers.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

Comparing salaries near West Arkansas nonmetropolitan area

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

How much does a Billing and Posting Clerks make in West Arkansas nonmetropolitan area?

The median annual salary for a Billing and Posting Clerks in West Arkansas nonmetropolitan area is $38,510. This typically ranges from $30,170 for entry-level positions to $46,580 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in West Arkansas nonmetropolitan area is 22.2% lower than the national median of $49,470.

Is West Arkansas nonmetropolitan area a lucrative place for Billing and Posting Clerks?

No, not particularly lucrative compared to national averages.While the cost of living is average, the average salary of $38,510 is significantly lower than the national average of $49,470, indicating less lucrative earning potential.

Is West Arkansas nonmetropolitan area a good place to live for Billing and Posting Clerks?

The Cost of Living Index in West Arkansas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near West Arkansas nonmetropolitan area?

Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($42,010) and Hot Springs, AR.

How does the local workforce size affect job prospects?

A local workforce of 240 suggests a smaller, more specialized job market. While this can mean less competition, it also implies fewer overall opportunities compared to larger metropolitan areas.

What does a Location Quotient of 1.04 mean for Billing and Posting Clerks?

A Location Quotient of 1.04 indicates that Billing and Posting Clerks are slightly more prevalent in West Arkansas than the national average. This suggests a stable, consistent demand for these roles within the region.

How does the Cost of Living Index impact the salary?

With a Cost of Living Index of 100 (matching the national average), the $38,510 salary has average purchasing power. This means your earnings will cover typical expenses without significant strain or surplus compared to national standards.

What is the typical career path for a Billing and Posting Clerk?

Career paths often involve starting in entry-level roles and progressing to senior positions through experience, skill development, and potentially taking on more complex billing and posting responsibilities.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the West Arkansas nonmetropolitan area area with a job density of 2.822 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.