Average Bill and Account Collectors Salary in California
Bill and Account Collectors in California earn an average annual salary of $58,630, notably higher than the national average of $48,000. This elevated compensation is largely driven by California's robust economy and the specialized demands within its financial sector, reflecting a higher value placed on these essential roles.
Executive Summary
- Average Salary: $58,630 per year.
- Growth Trend: Salaries have shifted 19.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $84,530.
- Outlook: With a substantial local workforce of 15,100 Bill and Account Collectors, California demonstrates a significant presence in this occupation. The location quotient of 0.78 suggests a concentration slightly below the national average, indicating a stable but not overly saturated market, with consistent demand for skilled professionals in this field.
Salary Overview
The average Bill and Account Collectors in California earns+22.1%above the national average.
$28.2
$1,128
$4,886
Bill and Account Collectors Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Bill and Account Collectors in California have experienced steady growth over the past four years. This trend is generally consistent with broader economic expansion and inflation, ensuring that compensation keeps pace with the evolving cost of living and market demands.
Bill and Account Collectors Salary Distribution in California
The salary progression for Bill and Account Collectors in California typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries, often reaching into the upper percentiles, reflecting their increased value and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,380 | $18 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $43,973 | $21.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $57,070 | $27.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $73,288 | $35.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $84,530 | $40.6 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$58,630
Gross Pay
Real Wage (Purchasing Power)
$42,332
Adjusted for COL (138.5)
While the average annual salary of $58,630 in California appears attractive, it must be considered in the context of the state's high Cost of Living Index of 138.5. This means that while nominal earnings are higher, the purchasing power of this salary is somewhat diminished compared to areas with a lower cost of living, requiring careful financial planning for residents.
Job Market Context
15,100
Total Jobs
0.836
Per 1K Jobs
0.78
Location Quotient
California has 0.78x 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.
California's location quotient of 0.78 for Bill and Account Collectors indicates that the occupation is present at a rate slightly lower than the national average relative to the overall workforce. This suggests a competitive job market where employers may seek specialized skills, but it does not imply a scarcity of opportunities, rather a balanced supply and demand.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Visalia, CA Bill and Account Collectors Salary | $53,460↓ 9% | 25 mi |
| Fresno, CA Bill and Account Collectors Salary | $54,210↓ 8% | 46 mi |
| Bakersfield-Delano, CA Bill and Account Collectors Salary | $50,140↓ 14% | 64 mi |
| San Luis Obispo-Paso Robles, CA Bill and Account Collectors Salary | $62,500↑ 7% | 81 mi |
Comparing salaries near California
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in California?
The median annual salary for a Bill and Account Collectors in California is $58,630. This typically ranges from $37,380 for entry-level positions to $84,530 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in California is 22.1% higher than the national median of $48,000.
Is California a lucrative place for Bill and Account Collectorss?
Yes, California offers a lucrative environment for Bill and Account Collectors.The average salary of $58,630 significantly surpasses the national average, providing a strong earning potential despite the higher cost of living.
Is California a good place to live for Bill and Account Collectors?
The Cost of Living Index in California is 138.5. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near California?
Some top paying nearby cities include Visalia, CA ($53,460) and Fresno, CA.
How does California's average Bill and Account Collector salary compare to the national average?
The average annual salary for Bill and Account Collectors in California is $58,630, which is considerably higher than the national average of $48,000.
What is the concentration of Bill and Account Collectors in California compared to the rest of the US?
California has a location quotient of 0.78 for Bill and Account Collectors, indicating a concentration slightly below the national average.
How does the cost of living in California affect the salary of a Bill and Account Collector?
With a Cost of Living Index of 138.5, the higher salary in California is partially offset by increased living expenses, meaning the purchasing power is less than the nominal salary suggests.
What is the total number of Bill and Account Collectors employed in California?
There are approximately 15,100 Bill and Account Collectors employed in California, representing a significant portion of the workforce in this sector.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 15,100 employees in the California area with a job density of 0.836 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 California