Average Bill and Account Collectors Salary in Columbia, SC
In Columbia, SC, Bill and Account Collectors earn an average annual salary of $41,740. This figure is notably below the national average of $48,000, suggesting that local economic factors and market demand play a significant role in compensation within this specific region.
Executive Summary
- Average Salary: $41,740 per year.
- Growth Trend: Salaries have shifted 21.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $53,990.
- Outlook: Columbia, SC hosts a workforce of 860 Bill and Account Collectors, with a jobs-per-1,000-workers rate of 2.241. This indicates a stable, albeit not rapidly expanding, job market for this profession within the city.
Salary Overview
The average Bill and Account Collectors in Columbia, SC earns-13.0%below the national average.
$20.1
$803
$3,478
Bill and Account Collectors Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Bill and Account Collectors in Columbia, SC, have seen gradual growth over the past four years, mirroring national trends of modest wage increases driven by inflation and evolving economic conditions.
Bill and Account Collectors Salary Distribution in Columbia, SC
Career progression for Bill and Account Collectors in Columbia, SC, typically involves moving from entry-level positions to senior roles, with corresponding salary increases. While specific percentile data is absent, the existence of distinct experience levels generally signifies a salary range that widens significantly with accumulated expertise and demonstrated performance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $32,800 | $15.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $31,305 | $15.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $38,340 | $18.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $52,175 | $25.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $53,990 | $26 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$41,740
Gross Pay
Real Wage (Purchasing Power)
$41,740
Adjusted for COL (100)
The average annual salary of $41,740 in Columbia, SC, 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 Columbia is equivalent to the national standard, offering no significant advantage or disadvantage in terms of affordability.
Job Market Context
860
Total Jobs
2.241
Per 1K Jobs
2.09
Location Quotient
Columbia, SC 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.
With a Location Quotient of 2.09, Columbia, SC, demonstrates a concentration of Bill and Account Collector jobs that is more than double the national average. This suggests a robust and relatively specialized market for these professionals, indicating a higher demand or a more established industry presence compared to other regions.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Northwestern South Carolina nonmetropolitan area Bill and Account Collectors Salary | $38,890↓ 7% | 13 mi |
| Northeastern South Carolina nonmetropolitan area Bill and Account Collectors Salary | $45,570↑ 9% | 13 mi |
| Florence, SC Bill and Account Collectors Salary | $41,350↓ 1% | 64 mi |
Comparing salaries near Columbia, SC
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Columbia, SC?
The median annual salary for a Bill and Account Collectors in Columbia, SC is $41,740. This typically ranges from $32,800 for entry-level positions to $53,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Columbia, SC is 13.0% lower than the national median of $48,000.
Is Columbia, SC 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 nominal salary of $41,740 is significantly lower than the national average of $48,000, indicating less earning potential in this specific role.
Is Columbia, SC a good place to live for Bill and Account Collectors?
The Cost of Living Index in Columbia, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Columbia, SC?
Some top paying nearby cities include Northwestern South Carolina nonmetropolitan area ($38,890) and Northeastern South Carolina nonmetropolitan area.
How does the local workforce size affect Bill and Account Collector jobs in Columbia, SC?
The local workforce of 860 Bill and Account Collectors suggests a substantial presence of this profession, contributing to the overall job market dynamics within the city.
What does a Location Quotient of 2.09 mean for Bill and Account Collectors in Columbia, SC?
A Location Quotient of 2.09 signifies that Bill and Account Collector jobs are more than twice as concentrated in Columbia, SC, compared to the national average, indicating a strong local industry presence.
How does the Cost of Living in Columbia, SC, impact the salary of a Bill and Account Collector?
With a Cost of Living Index of 100, the $41,740 salary in Columbia, SC, offers purchasing power equivalent to the national average, meaning expenses are neither significantly higher nor lower than elsewhere.
What is the national average salary for Bill and Account Collectors?
The national average annual salary for Bill and Account Collectors is approximately $48,000.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 860 employees in the Columbia, SC area with a job density of 2.241 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 Columbia, SC