Average Bill and Account Collectors Salary in Dallas-Fort Worth-Arlington, TX
In the Dallas-Fort Worth-Arlington, TX metropolitan area, Bill and Account Collectors earn an average annual salary of $47,050. This figure is slightly below the national average of $48,000, a common occurrence in regions where the cost of living is balanced with the labor market dynamics. Local economic factors and the specific demand within the financial services sector contribute to this compensation.
Executive Summary
- Average Salary: $47,050 per year.
- Growth Trend: Salaries have shifted 25.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $60,940.
- Outlook: The Dallas-Fort Worth-Arlington area presents a robust job market for Bill and Account Collectors, evidenced by a substantial local workforce of 8,490 individuals. The Location Quotient of 1.98 indicates a significant concentration of these roles compared to the national average, suggesting a strong and potentially growing demand for professionals in this field within the region.
Salary Overview
The average Bill and Account Collectors in Dallas-Fort Worth-Arlington, TX earns-2.0%below the national average.
$22.6
$905
$3,921
Bill and Account Collectors Salary Trends (2020-2024)
While specific historical data for Bill and Account Collectors in Dallas-Fort Worth-Arlington is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring national economic trends and inflation adjustments. Increased demand for financial services and evolving collection strategies likely contribute to upward pressure on compensation.
Bill and Account Collectors Salary Distribution in Dallas-Fort Worth-Arlington, TX
Career progression for Bill and Account Collectors typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with proven track records in debt recovery and client management can command salaries substantially higher than the average. The percentile gaps in salary distributions clearly signify these 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) | $34,450 | $16.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $35,288 | $17 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $45,610 | $21.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $58,813 | $28.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $60,940 | $29.3 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$47,050
Gross Pay
Real Wage (Purchasing Power)
$47,050
Adjusted for COL (100)
The nominal average annual salary of $47,050 in Dallas-Fort Worth-Arlington, TX, 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 for residents.
Job Market Context
8,490
Total Jobs
2.12
Per 1K Jobs
1.98
Location Quotient
Dallas-Fort Worth-Arlington, TX has 2.0x 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 1.98, the Dallas-Fort Worth-Arlington metropolitan area demonstrates a job market that is nearly twice as concentrated with Bill and Account Collectors as the national average. This high concentration suggests a competitive landscape but also signifies a robust demand and a significant presence of employers seeking these specialized skills.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Sherman-Denison, TX Bill and Account Collectors Salary | $35,870↓ 24% | 60 mi |
| Waco, TX Bill and Account Collectors Salary | $37,130↓ 21% | 87 mi |
| Tyler, TX Bill and Account Collectors Salary | $42,530↓ 10% | 92 mi |
Comparing salaries near Dallas-Fort Worth-Arlington, TX
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Dallas-Fort Worth-Arlington, TX?
The median annual salary for a Bill and Account Collectors in Dallas-Fort Worth-Arlington, TX is $47,050. This typically ranges from $34,450 for entry-level positions to $60,940 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Dallas-Fort Worth-Arlington, TX is 2.0% lower than the national median of $48,000.
Is Dallas-Fort Worth-Arlington, TX a lucrative place for Bill and Account Collectors?
Yes, with a stable cost of living.While the average salary is slightly below the national average, the cost of living is also at the national average, making the purchasing power equivalent. The high concentration of jobs indicates strong demand.
Is Dallas-Fort Worth-Arlington, TX a good place to live for Bill and Account Collectors?
The Cost of Living Index in Dallas-Fort Worth-Arlington, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Dallas-Fort Worth-Arlington, TX?
Some top paying nearby cities include Sherman-Denison, TX ($35,870) and Waco, TX.
What is the average salary for Bill and Account Collectors in Dallas-Fort Worth-Arlington, TX?
The average annual salary for Bill and Account Collectors in Dallas-Fort Worth-Arlington, TX is $47,050.
How does the Dallas-Fort Worth-Arlington salary compare to the national average?
The average salary in Dallas-Fort Worth-Arlington ($47,050) is slightly lower than the national average ($48,000).
Is there high demand for Bill and Account Collectors in Dallas?
Yes, the Location Quotient of 1.98 indicates a significantly higher concentration of Bill and Account Collector jobs in Dallas-Fort Worth-Arlington compared to the national average, suggesting strong demand.
How does the cost of living in Dallas affect salary perception?
The Cost of Living Index in Dallas-Fort Worth-Arlington is 100, which is the national average. This means the $47,050 salary has the same purchasing power as the national average salary.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,490 employees in the Dallas-Fort Worth-Arlington, TX area with a job density of 2.12 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 Dallas-Fort Worth-Arlington, TX