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Average Billing and Posting Clerks Salary in Winston-Salem, NC

Billing and Posting Clerks in Winston-Salem, NC earn an average annual salary of $47,130, which is slightly below the national average of $49,470. This localized pay rate reflects the specific economic conditions and demand within the Winston-Salem metropolitan area. Factors such as the regional cost of doing business and the concentration of relevant industries play a significant role in determining compensation for these essential administrative roles.

Executive Summary

  • Average Salary: $47,130 per year.
  • Growth Trend: Salaries have shifted 20.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $64,900.
  • Outlook: The job market for Billing and Posting Clerks in Winston-Salem, NC, appears stable with a total local workforce of 560 individuals in this role. The Location Quotient of 0.76 suggests a slightly lower concentration compared to the national average, indicating a moderate but not oversaturated demand for these professionals within the region. With 2.058 jobs per 1,000 workers, the market offers consistent opportunities for skilled individuals.
2024 Market Data

Salary Overview

$47,130

The average Billing and Posting Clerks in Winston-Salem, NC earns-4.7%below the national average.

BreakdownBased on 40h/week
Hourly

$22.7

Weekly

$906

Monthly

$3,928

Billing and Posting Clerks Salary Distribution in Winston-Salem, NC

Career progression for Billing and Posting Clerks in Winston-Salem typically involves a noticeable salary increase with experience. Entry-level positions often start at the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in earnings clearly signify opportunities for advancement and increased earning potential as professionals develop their expertise and take on more responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,340$17.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$35,348$17
ManagerOversees team, compliance, and project delivery.50% (Median)$46,130$22.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$58,913$28.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$64,900$31.2

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$47,130

Gross Pay

Real Wage (Purchasing Power)

$47,130

Adjusted for COL (100)

The average annual salary of $47,130 for Billing and Posting Clerks in Winston-Salem, NC, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, providing a stable financial standing for residents without the added pressure of higher living expenses.

Job Market Context

560

Total Jobs

2.058

Per 1K Jobs

0.76

Location Quotient

Below Average

Winston-Salem, NC has 0.76x 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.

With a Location Quotient of 0.76, Winston-Salem, NC, has a slightly lower concentration of Billing and Posting Clerks compared to the national average. This suggests that while the profession is present and necessary, the market is not saturated, potentially offering a competitive edge for skilled job seekers. Employers may need to actively recruit to fill positions, indicating a healthy demand relative to the available workforce.

Nearby Job Markets

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Frequently Asked Questions

How much does a Billing and Posting Clerks make in Winston-Salem, NC?

The median annual salary for a Billing and Posting Clerks in Winston-Salem, NC is $47,130. This typically ranges from $36,340 for entry-level positions to $64,900 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Winston-Salem, NC is 4.7% lower than the national median of $49,470.

Is Winston-Salem, NC a lucrative place for Billing and Posting Clerks?

No, not exceptionally lucrative compared to the national average.The average salary of $47,130 is slightly below the national average, although the cost of living is also at the national average. This means earning potential is standard rather than high.

Is Winston-Salem, NC a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Winston-Salem, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Winston-Salem, NC?

Some top paying nearby cities include Greensboro-High Point, NC ($45,880) and Eastern North Carolina nonmetropolitan area.

How does the Winston-Salem salary compare to the national average?

The average annual salary for Billing and Posting Clerks in Winston-Salem, NC is $47,130, which is approximately 4.7% lower than the national average of $49,470.

What is the significance of the Location Quotient (LQ) for this role in Winston-Salem?

An LQ of 0.76 indicates that Billing and Posting Clerks are slightly less concentrated in Winston-Salem compared to the national average. This suggests a moderate demand for these roles within the local job market.

Does the cost of living affect the value of the salary in Winston-Salem?

No, the cost of living in Winston-Salem is exactly at the national average (100). Therefore, the average salary of $47,130 provides purchasing power equivalent to the national average.

What is the total number of Billing and Posting Clerks in Winston-Salem?

There are approximately 560 Billing and Posting Clerks employed in the Winston-Salem, NC area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 560 employees in the Winston-Salem, NC area with a job density of 2.058 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.