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Average Billing and Posting Clerks Salary in Worcester, MA

Billing and Posting Clerks in Worcester, MA, command an average annual salary of $53,280, surpassing the national average of $49,470. This localized premium is influenced by a combination of regional economic factors and the specific demand within the Worcester area for these essential financial support roles.

Executive Summary

  • Average Salary: $53,280 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $63,160.
  • Outlook: With a local workforce of 680 Billing and Posting Clerks, Worcester presents a stable, albeit not exceptionally concentrated, job market for this profession. The Location Quotient of 0.71 suggests that while the profession is present, it is slightly less concentrated than the national average, indicating a moderate but steady demand for skilled clerks within the city's economic landscape.
2024 Market Data

Salary Overview

$53,280

The average Billing and Posting Clerks in Worcester, MA earns+7.7%above the national average.

BreakdownBased on 40h/week
Hourly

$25.6

Weekly

$1,025

Monthly

$4,440

Billing and Posting Clerks Salary Distribution in Worcester, MA

Career progression for Billing and Posting Clerks in Worcester typically involves moving from entry-level positions, often starting around the lower percentiles of the salary range, to more senior roles. As clerks gain experience, develop specialized skills in areas like accounts receivable or payable, and take on greater responsibilities, their earning potential increases significantly, reflected in the widening salary gap between junior and senior positions.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$43,200$20.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$39,960$19.2
ManagerOversees team, compliance, and project delivery.50% (Median)$52,460$25.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$66,600$32
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$63,160$30.4

Detailed Billing and Posting Clerks Market Analysis

Relocation Context

Nominal Salary

$53,280

Gross Pay

Real Wage (Purchasing Power)

$53,280

Adjusted for COL (100)

The average salary of $53,280 in Worcester aligns perfectly with the local Cost of Living Index of 100, which is the national benchmark. This indicates that the nominal salary offers purchasing power equivalent to the national average, meaning that the higher local pay effectively balances out the cost of living, providing a stable financial standing for residents.

Job Market Context

680

Total Jobs

1.931

Per 1K Jobs

0.71

Location Quotient

Below Average

Worcester, MA has 0.71x 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.

A Location Quotient of 0.71 for Billing and Posting Clerks in Worcester suggests that the profession is present but not disproportionately concentrated compared to the rest of the United States. This implies a balanced job market where demand exists, but the supply of professionals is not exceptionally scarce, leading to a competitive but accessible employment environment.

Nearby Job Markets

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Frequently Asked Questions

How much does a Billing and Posting Clerks make in Worcester, MA?

The median annual salary for a Billing and Posting Clerks in Worcester, MA is $53,280. This typically ranges from $43,200 for entry-level positions to $63,160 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Worcester, MA is 7.7% higher than the national median of $49,470.

Is Worcester, MA a lucrative place for Billing and Posting Clerks?

Yes, Worcester offers competitive compensation for Billing and Posting Clerks.The average salary of $53,280 is higher than the national average, and the cost of living is on par with the national average, indicating good purchasing power.

Is Worcester, MA a good place to live for Billing and Posting Clerks?

The Cost of Living Index in Worcester, MA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Worcester, MA?

Some top paying nearby cities include Massachusetts nonmetropolitan area ($56,200) and Providence-Warwick, RI-MA.

How does Worcester's Billing and Posting Clerk salary compare to the national average?

Billing and Posting Clerks in Worcester earn an average of $53,280 annually, which is approximately $3,810 more than the national average of $49,470.

What is the concentration of Billing and Posting Clerks in Worcester?

Worcester has a Location Quotient of 0.71 for Billing and Posting Clerks, indicating a slightly lower concentration of these roles compared to the national average.

How does the cost of living in Worcester affect salary perception?

With a Cost of Living Index of 100, Worcester's cost of living is exactly at the national average. This means the local average salary of $53,280 provides purchasing power equivalent to the national average.

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

There are approximately 680 Billing and Posting Clerks employed in Worcester, MA.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 680 employees in the Worcester, MA area with a job density of 1.931 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.