Average Bill and Account Collectors Salary in Austin-Round Rock-San Marcos, TX
Bill and Account Collectors in the Austin-Round Rock-San Marcos, TX area earn an average annual salary of $49,920, surpassing the national average of $48,000. This higher compensation reflects the dynamic economic landscape and specific industry demands within the Austin metropolitan area, which often necessitate a premium for skilled professionals in financial services and collections.
Executive Summary
- Average Salary: $49,920 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $76,530.
- Outlook: With a local workforce of 1,740 Bill and Account Collectors, the Austin-Round Rock-San Marcos area demonstrates a significant presence in this sector. The Location Quotient of 1.29 indicates a concentration of these roles that is 29% higher than the national average, suggesting a robust and potentially growing demand for professionals in this field within the region.
Salary Overview
The average Bill and Account Collectors in Austin-Round Rock-San Marcos, TX earns+4.0%above the national average.
$24
$960
$4,160
Bill and Account Collectors Salary Trends (2020-2024)
While specific historical data for Bill and Account Collectors in Austin is not provided, it's reasonable to assume a positive salary growth trend over the past four years, mirroring broader economic trends. Factors such as inflation, increased demand for financial services, and evolving collection regulations likely contribute to a steady or increasing average salary for these professionals.
Bill and Account Collectors Salary Distribution in Austin-Round Rock-San Marcos, TX
Career progression for Bill and Account Collectors typically involves a clear salary scale. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies substantial earning potential as one advances in their career.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $34,760 | $16.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,440 | $18 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,130 | $22.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $62,400 | $30 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $76,530 | $36.8 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$49,920
Gross Pay
Real Wage (Purchasing Power)
$49,920
Adjusted for COL (100)
The average annual salary of $49,920 in Austin-Round Rock-San Marcos aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Bill and Account Collector's salary in this region is equivalent to the national average, offering a stable financial environment without significant cost-of-living pressures.
Job Market Context
1,740
Total Jobs
1.383
Per 1K Jobs
1.29
Location Quotient
With a location quotient of 1.29, Austin-Round Rock-San Marcos, TX has a slightly higher-than-average concentration of Bill and Account Collectors roles compared to the national norm.
The Location Quotient of 1.29 for Bill and Account Collectors in Austin-Round Rock-San Marcos signifies a notable concentration of these jobs compared to the national average. This suggests that the local job market is more active and potentially more competitive for these roles than in many other parts of the country, indicating a healthy demand.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
Comparing salaries near Austin-Round Rock-San Marcos, TX
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Austin-Round Rock-San Marcos, TX?
The median annual salary for a Bill and Account Collectors in Austin-Round Rock-San Marcos, TX is $49,920. This typically ranges from $34,760 for entry-level positions to $76,530 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Austin-Round Rock-San Marcos, TX is 4.0% higher than the national median of $48,000.
Is Austin-Round Rock-San Marcos, TX a lucrative place for Bill and Account Collectors?
Yes, it offers a slightly above-average earning potential.The average salary of $49,920 is higher than the national average, and the cost of living is on par, making it a financially favorable location for this profession.
Is Austin-Round Rock-San Marcos, TX a good place to live for Bill and Account Collectors?
The Cost of Living Index in Austin-Round Rock-San Marcos, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Austin-Round Rock-San Marcos, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($39,300) and Northwestern Region of Texas nonmetropolitan area.
How does the Austin Bill and Account Collector salary compare to the national average?
The average annual salary for Bill and Account Collectors in Austin is $49,920, which is $1,920 higher than the national average of $48,000.
What is the concentration of Bill and Account Collectors in Austin?
The Location Quotient is 1.29, meaning there is a 29% higher concentration of Bill and Account Collectors in Austin compared to the national average.
How does the cost of living affect the salary in Austin?
With a Cost of Living Index of 100, the Austin area's cost of living is exactly at the national average, meaning the $49,920 salary has average purchasing power.
What does the number of jobs per 1,000 workers indicate?
The figure of 1.383 jobs per 1,000 workers suggests a steady presence and demand for Bill and Account Collectors within the Austin-Round Rock-San Marcos labor market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,740 employees in the Austin-Round Rock-San Marcos, TX area with a job density of 1.383 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Bill and Account Collectors Salaries by State
Top Jobs in Austin-Round Rock-San Marcos, TX
- All Occupations Salary in Austin-Round Rock-San Marcos, TX
- Office and Administrative Support Occupations Salary in Austin-Round Rock-San Marcos, TX
- Management Occupations Salary in Austin-Round Rock-San Marcos, TX
- Food Preparation and Serving Related Occupations Salary in Austin-Round Rock-San Marcos, TX
- Sales and Related Occupations Salary in Austin-Round Rock-San Marcos, TX
- Business and Financial Operations Occupations Salary in Austin-Round Rock-San Marcos, TX
- Transportation and Material Moving Occupations Salary in Austin-Round Rock-San Marcos, TX
- Computer and Mathematical Occupations Salary in Austin-Round Rock-San Marcos, TX
- Educational Instruction and Library Occupations Salary in Austin-Round Rock-San Marcos, TX
- Healthcare Practitioners and Technical Occupations Salary in Austin-Round Rock-San Marcos, TX
- Browse All Jobs in Austin-Round Rock-San Marcos, TX →
Semantic Salary Analysis for Bill and Account Collectors • Data source: BLS OEWS 2024 •Jobs in Austin-Round Rock-San Marcos, TX