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Average Bill and Account Collectors Salary in Arizona

Bill and Account Collectors in Arizona earn an average annual salary of $48,200, slightly above the national average of $48,000. This marginal difference is influenced by Arizona's specific economic conditions and the demand for these financial services professionals within the state.

Executive Summary

  • Average Salary: $48,200 per year.
  • Growth Trend: Salaries have shifted 24.2% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $60,220.
  • Outlook: Arizona boasts a robust job market for Bill and Account Collectors, evidenced by a total local workforce of 6,360 individuals. The Location Quotient of 1.86 strongly indicates a higher concentration of these roles compared to the national average, suggesting a healthy and potentially growing demand for collection services within the state.
2024 Market Data

Salary Overview

$48,200

The average Bill and Account Collectors in Arizona earns+0.4%above the national average.

BreakdownBased on 40h/week
Hourly

$23.2

Weekly

$927

Monthly

$4,017

Bill and Account Collectors Salary Distribution in Arizona

Career progression for Bill and Account Collectors in Arizona typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with proven track records in complex debt recovery can command salaries well into the higher percentiles, reflecting their specialized skills and value.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,660$18.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$36,150$17.4
ManagerOversees team, compliance, and project delivery.50% (Median)$45,950$22.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$60,250$29
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$60,220$29

Detailed Bill and Account Collectors Market Analysis

Relocation Context

Nominal Salary

$48,200

Gross Pay

Real Wage (Purchasing Power)

$45,301

Adjusted for COL (106.4)

The nominal average salary of $48,200 in Arizona needs to be considered alongside its Cost of Living Index of 106.4. This index, slightly above the national average, suggests that while the salary is competitive, the purchasing power may be marginally less than in areas with a lower cost of living, requiring careful budgeting for residents.

Job Market Context

6,360

Total Jobs

1.99

Per 1K Jobs

1.86

Location Quotient

Major Hub

Arizona has 1.9x the national concentration of Bill and Account Collectors jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

With a Location Quotient of 1.86, Arizona presents a significantly more concentrated job market for Bill and Account Collectors than the national average. This suggests that the demand for these professionals is more pronounced in Arizona, potentially leading to more job opportunities and a more competitive environment for both employers and job seekers.

Nearby Job Markets

Nearby Cities for Bill and Account Collectors

CitySalaryDist.
Phoenix-Mesa-Chandler, AZ Bill and Account Collectors Salary$48,510↑ 1%39 mi

Comparing salaries near Arizona

Hiring Bill and Account Collectorss?

Frequently Asked Questions

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

The median annual salary for a Bill and Account Collectors in Arizona is $48,200. This typically ranges from $37,660 for entry-level positions to $60,220 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Arizona is 0.4% higher than the national median of $48,000.

Is Arizona a lucrative place for Bill and Account Collectors?

Yes, with caveats.Arizona offers a salary slightly above the national average and a market with a higher concentration of these roles. However, the cost of living is also slightly above average, which should be factored into overall financial considerations.

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

The Cost of Living Index in Arizona is 106.4. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Arizona?

Some top paying nearby cities include Phoenix-Mesa-Chandler, AZ ($48,510) and others.

How many Bill and Account Collectors work in Arizona?

There are approximately 6,360 Bill and Account Collectors employed in Arizona.

What is the average salary for a Bill and Account Collector in Arizona?

The average annual salary for a Bill and Account Collector in Arizona is $48,200.

Is the job market for Bill and Account Collectors strong in Arizona?

Yes, the market is considered strong, with a Location Quotient of 1.86 indicating a higher concentration of these jobs compared to the national average.

How does Arizona's cost of living compare to the national average?

Arizona's cost of living is slightly higher than the national average, with an index of 106.4 compared to the national baseline of 100.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,360 employees in the Arizona area with a job density of 1.99 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Bill and Account Collectors • Data source: BLS OEWS 2024 •Jobs in Arizona