Average Bill and Account Collectors Salary in Canton-Massillon, OH
In Canton-Massillon, OH, Bill and Account Collectors earn an average annual salary of $40,200. This figure is notably below the national average of $48,000, suggesting that local economic factors and industry demand play a significant role in compensation within this region. The specific pay rates are often influenced by the concentration of related industries and the overall economic health of the area.
Executive Summary
- Average Salary: $40,200 per year.
- Growth Trend: Salaries have shifted 8.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $50,760.
- Outlook: The Canton-Massillon area supports a local workforce of 370 Bill and Account Collectors. With a Location Quotient of 2.11, this indicates a significantly higher concentration of these roles compared to the national average, implying a robust and potentially growing demand for these professionals within the local job market. The presence of 2.257 jobs per 1,000 workers further underscores the established presence and ongoing need for this occupation in the region.
Salary Overview
The average Bill and Account Collectors in Canton-Massillon, OH earns-16.3%below the national average.
$19.3
$773
$3,350
Bill and Account Collectors Salary Trends (2020-2024)
While specific historical data for Canton-Massillon's Bill and Account Collector salaries over the past four years is not provided, it's reasonable to assume a general upward trend mirroring national patterns. Economic shifts, inflation, and evolving industry needs typically drive modest annual salary increases for most professions, including those in accounts receivable and collections.
Bill and Account Collectors Salary Distribution in Canton-Massillon, OH
The salary trajectory for Bill and Account Collectors typically escalates with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with several years of experience and a proven track record can command significantly higher salaries. The percentile gaps in compensation clearly signify career progression, with senior collectors often earning well above the average as their expertise and responsibilities grow.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $29,620 | $14.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $30,150 | $14.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $36,500 | $17.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $50,250 | $24.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $50,760 | $24.4 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$40,200
Gross Pay
Real Wage (Purchasing Power)
$40,200
Adjusted for COL (100)
The average annual salary of $40,200 in Canton-Massillon, OH, aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary locally is equivalent to the national average, making the compensation relatively stable in terms of living expenses.
Job Market Context
370
Total Jobs
2.257
Per 1K Jobs
2.11
Location Quotient
Canton-Massillon, OH has 2.1x 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.
A Location Quotient of 2.11 for Bill and Account Collectors in Canton-Massillon signifies that this occupation is more than twice as concentrated in this area compared to the national average. This suggests a strong local industry presence and potentially a competitive job market, where employers may have a greater pool of candidates to choose from, but also indicates a specialized demand for these skills.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Akron, OH Bill and Account Collectors Salary | $42,280↑ 5% | 20 mi |
| Youngstown-Warren, OH Bill and Account Collectors Salary | $46,040↑ 15% | 43 mi |
| Cleveland, OH Bill and Account Collectors Salary | $43,510↑ 8% | 49 mi |
| Mansfield, OH Bill and Account Collectors Salary | $37,510↓ 7% | 61 mi |
Comparing salaries near Canton-Massillon, OH
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Canton-Massillon, OH?
The median annual salary for a Bill and Account Collectors in Canton-Massillon, OH is $40,200. This typically ranges from $29,620 for entry-level positions to $50,760 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Canton-Massillon, OH is 16.3% lower than the national median of $48,000.
Is Canton-Massillon, OH a lucrative place for Bill and Account Collectors?
No, not particularly lucrative compared to the national average.While the cost of living is average, the average salary of $40,200 is significantly lower than the national average of $48,000, indicating less earning potential in this specific role locally.
Is Canton-Massillon, OH a good place to live for Bill and Account Collectors?
The Cost of Living Index in Canton-Massillon, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Canton-Massillon, OH?
Some top paying nearby cities include Akron, OH ($42,280) and Youngstown-Warren, OH.
How does the local salary compare to the national average?
The average salary for Bill and Account Collectors in Canton-Massillon, OH is $40,200, which is $7,800 less than the national average of $48,000.
What does the Location Quotient of 2.11 mean for job seekers?
A Location Quotient of 2.11 indicates that Bill and Account Collector roles are more than twice as common in Canton-Massillon compared to the national average, suggesting a higher concentration and potentially more job opportunities in this specific field.
Does the Cost of Living affect the value of the salary?
No, the Cost of Living Index in Canton-Massillon is 100, which is the national average. This means the $40,200 salary has the same purchasing power locally as the national average salary does nationally.
What is the total number of Bill and Account Collectors in Canton-Massillon?
There are approximately 370 Bill and Account Collectors employed in the Canton-Massillon, OH area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 370 employees in the Canton-Massillon, OH area with a job density of 2.257 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 Canton-Massillon, OH