Average Billing and Posting Clerks Salary in West Central Illinois nonmetropolitan area
Billing and Posting Clerks in the West Central Illinois nonmetropolitan area earn an average annual salary of $43,970. This figure is notably below the national average of $49,470, reflecting the economic dynamics and potentially lower demand for specialized administrative roles in non-urban settings. Regional economic factors and the specific industry mix within West Central Illinois likely contribute to this pay differential.
Executive Summary
- Average Salary: $43,970 per year.
- Growth Trend: Salaries have shifted 38.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $55,470.
- Outlook: The local job market for Billing and Posting Clerks in West Central Illinois is moderately concentrated, with a total workforce of 520 individuals in this role. The Location Quotient of 1.13 suggests a slightly higher presence of these positions compared to the national average, indicating a stable, albeit not rapidly expanding, demand within the region's economic landscape.
Salary Overview
The average Billing and Posting Clerks in West Central Illinois nonmetropolitan area earns-11.1%below the national average.
$21.1
$846
$3,664
Billing and Posting Clerks Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it's reasonable to assume that salaries for Billing and Posting Clerks in West Central Illinois have experienced gradual growth over the past four years, mirroring general economic trends. This growth would likely be influenced by inflation, evolving business needs, and the overall economic health of the region, though potentially at a slower pace than in major metropolitan hubs.
Billing and Posting Clerks Salary Distribution in West Central Illinois nonmetropolitan area
Career progression for Billing and Posting Clerks typically involves a salary increase with accumulated experience. Entry-level positions will naturally command lower salaries, while senior clerks with extensive expertise in billing systems, accounts receivable, and financial reconciliation can expect to earn significantly more. The percentile gaps in salary distribution highlight these opportunities for advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,020 | $17.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $32,978 | $15.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $43,520 | $20.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $54,963 | $26.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $55,470 | $26.7 |
Detailed Billing and Posting Clerks Market Analysis
Relocation Context
Nominal Salary
$43,970
Gross Pay
Real Wage (Purchasing Power)
$43,970
Adjusted for COL (100)
The nominal average annual salary of $43,970 in West Central Illinois aligns perfectly with the national average Cost of Living Index of 100. This means that while the take-home pay is lower than the national average, the purchasing power of that salary is equivalent to the national average, making the cost of living a neutral factor in assessing the real value of the income.
Job Market Context
520
Total Jobs
3.065
Per 1K Jobs
1.13
Location Quotient
With a location quotient of 1.13, West Central Illinois 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 1.13, West Central Illinois shows a slightly higher concentration of Billing and Posting Clerks than the national average. This suggests that the job market is neither saturated nor scarce, but rather possesses a stable, slightly elevated presence of these roles, indicating a consistent demand that aligns with the region's economic structure.
Nearby Job Markets
Nearby Cities for Billing and Posting Clerks
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Billing and Posting Clerks Salary | $45,510↑ 4% | 9 mi |
| Decatur, IL Billing and Posting Clerks Salary | $46,220↑ 5% | 34 mi |
| Champaign-Urbana, IL Billing and Posting Clerks Salary | $48,540↑ 10% | 41 mi |
| Peoria, IL Billing and Posting Clerks Salary | $47,570↑ 8% | 43 mi |
| Springfield, IL Billing and Posting Clerks Salary | $46,130↑ 5% | 53 mi |
Comparing salaries near West Central Illinois nonmetropolitan area
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Frequently Asked Questions
How much does a Billing and Posting Clerks make in West Central Illinois nonmetropolitan area?
The median annual salary for a Billing and Posting Clerks in West Central Illinois nonmetropolitan area is $43,970. This typically ranges from $36,020 for entry-level positions to $55,470 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in West Central Illinois nonmetropolitan area is 11.1% lower than the national median of $49,470.
Is West Central Illinois nonmetropolitan area a lucrative place for Billing and Posting Clerks?
No, it is not considered particularly lucrative compared to national standards.The average salary of $43,970 is below the national average, though the cost of living is also at the national average, offering equivalent purchasing power.
Is West Central Illinois nonmetropolitan area a good place to live for Billing and Posting Clerks?
The Cost of Living Index in West Central Illinois nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near West Central Illinois nonmetropolitan area?
Some top paying nearby cities include Bloomington, IL ($45,510) and Decatur, IL.
How does the salary compare to the national average?
The average salary of $43,970 in West Central Illinois is approximately 11% lower than the national average of $49,470 for Billing and Posting Clerks.
What is the significance of the Location Quotient (LQ)?
An LQ of 1.13 indicates that Billing and Posting Clerks are slightly more concentrated in West Central Illinois than the national average, suggesting a stable regional demand for this occupation.
How does the cost of living affect the salary?
With a Cost of Living Index of 100, the local salary's purchasing power is equivalent to the national average, meaning expenses are neither cheaper nor more expensive than the typical US city.
What is the total number of Billing and Posting Clerks in the area?
There are approximately 520 Billing and Posting Clerks employed in the West Central Illinois nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 520 employees in the West Central Illinois nonmetropolitan area area with a job density of 3.065 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 West Central Illinois nonmetropolitan area