The annual salary statistics of billing and posting clerks in Waterloo-Cedar Falls, Iowa is shown in Table 1. The wage statistics of billing and posting clerks in Waterloo-Cedar Falls is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $32,610 |
| 25th Percentile Wage | $36,050 |
| 50th Percentile Wage | $37,650 |
| 75th Percentile Wage | $42,640 |
| 90th Percentile Wage | $49,800 |
Table 1 shows the average annual salary for billing and posting clerks in Waterloo-Cedar Falls, Iowa in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $49,800. The median (50th percentile) annual salary is $37,650. The average annual salary for the bottom 10 percent earners is $32,610.
The table and chart below show the trend of the median salary of billing and posting clerks from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $37,650 | 1.04% | 20.85% |
| 2021 | $37,260 | -0.32% | - |
| 2020 | $37,380 | 0.75% | - |
| 2019 | $37,100 | 4.23% | - |
| 2018 | $35,530 | 6.05% | - |
| 2017 | $33,380 | 1.59% | - |
| 2016 | $32,850 | 2.83% | - |
| 2015 | $31,920 | 0.19% | - |
| 2014 | $31,860 | 2.86% | - |
| 2013 | $30,950 | 3.72% | - |
| 2012 | $29,800 | - | - |
From Table 3 we note that the median annual salary of $37,650 in Waterloo-Cedar Falls is in the middle of salary range for billing and posting clerks in state of Iowa. In comparison, the annual salary of billing and posting clerks in Waterloo-Cedar Falls is 26.9 percent (26.9%) lower than that in the highest paying Iowa City and 1.2 percent (1.2%) higher than that in the lowest paying Northeast Iowa nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Iowa City | |
| Cedar Rapids | |
| Des Moines-West Des Moines | |
| Northwest Iowa nonmetropolitan area | |
| Southeast Iowa nonmetropolitan area | |
| Ames | |
| Southwest Iowa nonmetropolitan area | |
| Davenport-Moline-Rock Island | |
| Waterloo-Cedar Falls | |
| Dubuque | |
| Northeast Iowa nonmetropolitan area |