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Average Billing and Posting Clerks Salary in West Tennessee nonmetropolitan area

Billing and Posting Clerks in the West Tennessee nonmetropolitan area earn an average annual salary of $41,840. This figure is notably below the national average of $49,470, reflecting regional economic factors and potentially lower demand for specialized administrative roles in less urbanized settings. The cost of living in this region aligns with the national average, suggesting that while nominal pay is lower, purchasing power may be relatively stable.

Executive Summary

  • Average Salary: $41,840 per year.
  • Growth Trend: Salaries have shifted 18.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $55,270.
  • Outlook: With a local workforce of 200 Billing and Posting Clerks, the job market in West Tennessee nonmetropolitan areas appears to be moderately sized. The Location Quotient of 0.62 indicates that this occupation is less concentrated here compared to the national average, suggesting a potentially stable but not rapidly expanding demand for these roles. The number of jobs per 1,000 workers (1.678) further supports the assessment of a steady, rather than booming, employment landscape for this profession.
2024 Market Data

Salary Overview

$41,840

The average Billing and Posting Clerks in West Tennessee nonmetropolitan area earns-15.4%below the national average.

BreakdownBased on 40h/week
Hourly

$20.1

Weekly

$805

Monthly

$3,487

Billing and Posting Clerks Salary Distribution in West Tennessee nonmetropolitan area

Career progression for Billing and Posting Clerks typically involves moving from entry-level positions, which command lower salaries, to more senior roles that require greater expertise and responsibility. As clerks gain experience, their ability to handle complex accounts, manage billing cycles more efficiently, and potentially supervise junior staff leads to increased earning potential. The salary distribution, with higher percentiles representing senior roles, signifies a clear career ladder within this occupation.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$30,810$14.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,380$15.1
ManagerOversees team, compliance, and project delivery.50% (Median)$40,000$19.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$52,300$25.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$55,270$26.6

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$41,840

Gross Pay

Real Wage (Purchasing Power)

$41,840

Adjusted for COL (100)

The average annual salary of $41,840 in West Tennessee nonmetropolitan areas is positioned against a Cost of Living Index of 100, which is the national average. This means that while the nominal income is lower than the national average for this role, the purchasing power of that income is comparable to the national standard. Therefore, relocating to this area as a Billing and Posting Clerk would likely result in a similar standard of living in terms of expenses, despite the lower gross salary.

Job Market Context

200

Total Jobs

1.678

Per 1K Jobs

0.62

Location Quotient

Below Average

West Tennessee nonmetropolitan area has 0.62x 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 (LQ) of 0.62 for Billing and Posting Clerks in West Tennessee nonmetropolitan areas indicates that this occupation is less concentrated than the national average. An LQ below 1.0 suggests that the proportion of these clerks in the local workforce is smaller compared to the nation as a whole. This could imply a less competitive market for job seekers, potentially offering more opportunities relative to the number of available professionals, or it could signify lower overall demand for the role in the region.

Nearby Job Markets

Nearby Cities for Billing and Posting Clerks

CitySalaryDist.
Nashville-Davidson--Murfreesboro--Franklin, TN Billing and Posting Clerks Salary$47,860↑ 14%29 mi
Clarksville, TN-KY Billing and Posting Clerks Salary$41,880↑ 0%67 mi
Huntsville, AL Billing and Posting Clerks Salary$42,740↑ 2%73 mi
Decatur, AL Billing and Posting Clerks Salary$42,720↑ 2%83 mi
Florence-Muscle Shoals, AL Billing and Posting Clerks Salary$36,160↓ 14%84 mi

Comparing salaries near West Tennessee nonmetropolitan area

Hiring Billing and Posting Clerkss?

Frequently Asked Questions

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

The median annual salary for a Billing and Posting Clerks in West Tennessee nonmetropolitan area is $41,840. This typically ranges from $30,810 for entry-level positions to $55,270 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in West Tennessee nonmetropolitan area is 15.4% lower than the national median of $49,470.

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

No, it is not considered a particularly lucrative place for Billing and Posting Clerks.The average salary of $41,840 is significantly lower than the national average, and while the cost of living is average, the nominal pay does not offer a substantial financial advantage.

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

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

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

Some top paying nearby cities include Nashville-Davidson--Murfreesboro--Franklin, TN ($47,860) and Clarksville, TN-KY.

How does the salary compare to the national average?

The average annual salary for Billing and Posting Clerks in West Tennessee nonmetropolitan areas is $41,840, which is approximately $7,630 less than the national average of $49,470.

What is the significance of the Location Quotient (LQ)?

A Location Quotient of 0.62 means that Billing and Posting Clerks are less concentrated in West Tennessee nonmetropolitan areas compared to the national average. This suggests a potentially smaller or less specialized market for these roles locally.

How does the Cost of Living Index affect the salary?

With a Cost of Living Index of 100 (the national average), the $41,840 salary in West Tennessee nonmetropolitan areas offers purchasing power equivalent to the national average. This means that despite the lower nominal salary, the cost of goods and services is not disproportionately higher.

What does the total local workforce number imply?

A total local workforce of 200 Billing and Posting Clerks indicates a relatively small professional pool within the West Tennessee nonmetropolitan area, suggesting a niche market for this occupation.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the West Tennessee nonmetropolitan area area with a job density of 1.678 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in West Tennessee nonmetropolitan area

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