Average Bill and Account Collectors Salary in Boise City, ID
In Boise City, ID, Bill and Account Collectors earn an average annual salary of $46,110. This figure is slightly below the national average of $48,000, reflecting a localized compensation structure influenced by regional economic factors and the specific demand within the Boise metropolitan area. While not reaching the national benchmark, this salary is set within the context of the local cost of living.
Executive Summary
- Average Salary: $46,110 per year.
- Growth Trend: Salaries have shifted 24.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $53,560.
- Outlook: Boise City, ID hosts a dedicated workforce of 450 Bill and Account Collectors. With a Location Quotient of 1.09, the concentration of these roles in Boise is slightly higher than the national average, suggesting a stable, if not slightly growing, demand for these professionals within the local job market. The presence of 1.169 jobs per 1,000 workers indicates a consistent need for these services.
Salary Overview
The average Bill and Account Collectors in Boise City, ID earns-3.9%below the national average.
$22.2
$887
$3,843
Bill and Account Collectors Salary Trends (2020-2024)
While specific historical data for Bill and Account Collectors in Boise City is not provided, it's reasonable to assume a general trend of salary growth mirroring national patterns over the past four years. Economic shifts and inflation typically drive modest increases in compensation for most roles, including those in collections, as employers adapt to market conditions and aim to retain skilled personnel.
Bill and Account Collectors Salary Distribution in Boise City, ID
Career progression for Bill and Account Collectors typically involves a salary increase tied to experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive experience in debt recovery, negotiation, and compliance can command significantly higher salaries, potentially reaching into the upper percentiles of the pay distribution. These percentile gaps highlight clear opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $33,000 | $15.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,583 | $16.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $43,290 | $20.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $57,638 | $27.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $53,560 | $25.8 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$46,110
Gross Pay
Real Wage (Purchasing Power)
$46,110
Adjusted for COL (100)
The average annual salary of $46,110 in Boise City, ID aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Bill and Account Collector's salary in Boise is equivalent to the national average, indicating a balanced economic environment where earnings effectively meet living expenses without significant strain or surplus.
Job Market Context
450
Total Jobs
1.169
Per 1K Jobs
1.09
Location Quotient
With a location quotient of 1.09, Boise City, ID has a slightly higher-than-average concentration of Bill and Account Collectors roles compared to the national norm.
A Location Quotient of 1.09 for Bill and Account Collectors in Boise City signifies a job market that is slightly more concentrated than the national average. This suggests that while the demand is present and perhaps a bit more robust locally than nationally, the market is not oversaturated. Professionals in this field can expect a competitive yet accessible environment for employment opportunities.
Nearby Job Markets
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Boise City, ID?
The median annual salary for a Bill and Account Collectors in Boise City, ID is $46,110. This typically ranges from $33,000 for entry-level positions to $53,560 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Boise City, ID is 3.9% lower than the national median of $48,000.
Is Boise City, ID a lucrative place for Bill and Account Collectors?
No, not exceptionally lucrative compared to the national average.While the salary of $46,110 is stable and aligns with the national cost of living, it falls slightly below the national average salary for Bill and Account Collectors. The market concentration is only slightly above average, indicating steady but not extraordinary demand.
Is Boise City, ID a good place to live for Bill and Account Collectors?
The Cost of Living Index in Boise City, ID is 100. While higher than average, this often correlates with higher wages.
How does Boise's cost of living compare to the national average for Bill and Account Collectors?
Boise City, ID has a Cost of Living Index of 100, which is exactly the national average. This means that the expenses for goods and services in Boise are comparable to the national average, making the $46,110 salary hold average purchasing power.
Is there high demand for Bill and Account Collectors in Boise City?
The demand is moderately higher than the national average, as indicated by a Location Quotient of 1.09. This suggests a slightly more concentrated presence of these jobs locally, implying a stable need for professionals in this field.
What is the average salary for a Bill and Account Collector in Boise City?
The average annual salary for a Bill and Account Collector in Boise City, ID is $46,110.
How does the Boise salary compare to the national average?
The average salary in Boise City ($46,110) is slightly lower than the national average of $48,000 for Bill and Account Collectors.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 450 employees in the Boise City, ID area with a job density of 1.169 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Bill and Account Collectors • Data source: BLS OEWS 2024 •Jobs in Boise City, ID