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Average Billing and Posting Clerks Salary in West Kentucky nonmetropolitan area

Billing and Posting Clerks in the West Kentucky nonmetropolitan area earn an average annual salary of $38,640. This figure is notably below the national average of $49,470. Local economic factors and the specific demand within this region contribute to this salary differential.

Executive Summary

  • Average Salary: $38,640 per year.
  • Growth Trend: Salaries have shifted 3.8% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $49,400.
  • Outlook: With a total local workforce of 410 Billing and Posting Clerks, the job market in West Kentucky exhibits a concentration slightly above the national average, indicated by a Location Quotient of 1.16. This suggests a stable, albeit not rapidly expanding, demand for these roles within the region.
2024 Market Data

Salary Overview

$38,640

The average Billing and Posting Clerks in West Kentucky nonmetropolitan area earns-21.9%below the national average.

BreakdownBased on 40h/week
Hourly

$18.6

Weekly

$743

Monthly

$3,220

Billing and Posting Clerks Salary Distribution in West Kentucky nonmetropolitan area

Career progression for Billing and Posting Clerks typically involves moving from entry-level positions to more senior or specialized roles. As experience increases, individuals can expect their salaries to rise, with significant percentile gaps reflecting the value of accumulated skills and responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$29,120$14
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$28,980$13.9
ManagerOversees team, compliance, and project delivery.50% (Median)$35,670$17.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$48,300$23.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$49,400$23.8

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$38,640

Gross Pay

Real Wage (Purchasing Power)

$38,640

Adjusted for COL (100)

The average annual salary of $38,640 in West Kentucky 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 area has purchasing power equivalent to the national average, offering a stable financial footing.

Job Market Context

410

Total Jobs

3.146

Per 1K Jobs

1.16

Location Quotient

Above Average

With a location quotient of 1.16, West Kentucky nonmetropolitan area has a slightly higher-than-average concentration of Billing and Posting Clerks roles compared to the national norm.

A Location Quotient of 1.16 indicates that Billing and Posting Clerks are slightly more concentrated in West Kentucky than the national average. This suggests a healthy, competitive market where employers may find a readily available pool of talent, potentially influencing salary negotiations.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

CitySalaryDist.
Lexington-Fayette, KY Billing and Posting Clerks Salary$43,840↑ 13%28 mi
Elizabethtown, KY Billing and Posting Clerks Salary$42,160↑ 9%66 mi
Louisville/Jefferson County, KY-IN Billing and Posting Clerks Salary$45,400↑ 17%72 mi
Cincinnati, OH-KY-IN Billing and Posting Clerks Salary$46,160↑ 19%100 mi

Comparing salaries near West Kentucky nonmetropolitan area

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Frequently Asked Questions

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

The median annual salary for a Billing and Posting Clerks in West Kentucky nonmetropolitan area is $38,640. This typically ranges from $29,120 for entry-level positions to $49,400 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in West Kentucky nonmetropolitan area is 21.9% lower than the national median of $49,470.

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

No, it is not a highly lucrative place.The average salary of $38,640 is significantly lower than the national average, although the cost of living is on par.

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

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

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

Some top paying nearby cities include Lexington-Fayette, KY ($43,840) and Elizabethtown, KY.

How does the local salary compare to the national average?

The average salary for Billing and Posting Clerks in West Kentucky is $38,640, which is approximately $10,830 less than the national average of $49,470.

What is the concentration of Billing and Posting Clerks in West Kentucky?

The concentration, measured by the Location Quotient, is 1.16, indicating a slightly higher presence of these roles compared to the national average.

How does the cost of living affect the salary?

With a Cost of Living Index of 100, the $38,640 salary in West Kentucky offers purchasing power equivalent to the national average, despite being lower in nominal terms.

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

There are approximately 410 Billing and Posting Clerks employed in the West Kentucky 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 410 employees in the West Kentucky nonmetropolitan area area with a job density of 3.146 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in West Kentucky nonmetropolitan area

Semantic Salary Analysis for Billing and Posting Clerks • Data source: BLS OEWS 2024 •Jobs in West Kentucky nonmetropolitan area