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Average Bill and Account Collectors Salary in Alaska

Bill and Account Collectors in Alaska earn an impressive average annual salary of $59,070, significantly surpassing the national average of $48,000. This elevated compensation is likely driven by Alaska's unique economic landscape, including its remote location and higher operational costs, which necessitate competitive pay to attract and retain skilled professionals in this vital financial role.

Executive Summary

  • Average Salary: $59,070 per year.
  • Growth Trend: Salaries have shifted 12.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $72,830.
  • Outlook: The Bill and Account Collector job market in Alaska, while modest in size with a total local workforce of 280, shows a steady presence. The Location Quotient of 0.82 suggests a concentration slightly below the national average, indicating a stable but not overly saturated demand for these professionals within the state's economy.
2024 Market Data

Salary Overview

$59,070

The average Bill and Account Collectors in Alaska earns+23.1%above the national average.

BreakdownBased on 40h/week
Hourly

$28.4

Weekly

$1,136

Monthly

$4,923

Bill and Account Collectors Salary Distribution in Alaska

Career progression for Bill and Account Collectors in Alaska typically involves a salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with a proven track record in collections and client management can command significantly higher salaries, reflecting their expertise and value to employers.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$44,080$21.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$44,303$21.3
ManagerOversees team, compliance, and project delivery.50% (Median)$58,070$27.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$73,838$35.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$72,830$35

Detailed Bill and Account Collectors Market Analysis

Relocation Context

Nominal Salary

$59,070

Gross Pay

Real Wage (Purchasing Power)

$46,659

Adjusted for COL (126.6)

While the nominal salary of $59,070 appears attractive, Alaska's Cost of Living Index of 126.6 means that this income will not stretch as far as it would in a location with a lower cost of living. After accounting for the 26.6% higher cost of goods and services compared to the national average, the effective purchasing power of an Alaskan collector's salary is reduced.

Job Market Context

280

Total Jobs

0.881

Per 1K Jobs

0.82

Location Quotient

Below Average

Alaska has 0.82x the national average concentration of Bill and Account Collectors 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 0.82, the market for Bill and Account Collectors in Alaska is slightly less concentrated than the national average. This suggests that while the profession is established, there isn't an overabundance of these roles relative to the national distribution, potentially offering a stable employment environment for qualified individuals.

Nearby Job Markets

Hiring Bill and Account Collectorss?

Frequently Asked Questions

How much does a Bill and Account Collectors make in Alaska?

The median annual salary for a Bill and Account Collectors in Alaska is $59,070. This typically ranges from $44,080 for entry-level positions to $72,830 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Alaska is 23.1% higher than the national median of $48,000.

Is Alaska a lucrative place for Bill and Account Collectors?

Yes, with caveats.Bill and Account Collectors in Alaska earn substantially more than the national average, but the high cost of living requires careful financial management to maximize this advantage.

Is Alaska a good place to live for Bill and Account Collectors?

The Cost of Living Index in Alaska is 126.6. While higher than average, this often correlates with higher wages.

How does Alaska's cost of living affect the Bill and Account Collector salary?

Alaska's cost of living is approximately 26.6% higher than the national average. This means that while the $59,070 salary is higher nominally, its purchasing power is diminished compared to lower-cost states.

What is the concentration of Bill and Account Collectors in Alaska compared to the nation?

Alaska's Location Quotient of 0.82 indicates a slightly lower concentration of Bill and Account Collectors relative to the national average, suggesting a stable job market without extreme competition.

How many Bill and Account Collectors are there in Alaska?

There are approximately 280 Bill and Account Collectors employed within Alaska, representing a small but significant portion of the state's workforce in this sector.

Are there many job openings for Bill and Account Collectors in Alaska?

With 0.881 jobs per 1,000 workers, the number of openings is moderate, reflecting a consistent demand for these services within the Alaskan economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Alaska area with a job density of 0.881 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.