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Average Bill and Account Collectors Salary in Delaware

Bill and Account Collectors in Delaware earn an average annual salary of $49,350, slightly surpassing the national average of $48,000. This marginal premium is often influenced by the state's specific economic landscape and the demand for skilled professionals in financial services and related industries.

Executive Summary

  • Average Salary: $49,350 per year.
  • Growth Trend: Salaries have shifted 20.7% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $66,710.
  • Outlook: With a local workforce of 530 Bill and Account Collectors and a Location Quotient of 1.04, Delaware demonstrates a stable and slightly above-average concentration of these professionals. This indicates a consistent demand for their services, suggesting a robust job market that supports current employment levels.
2024 Market Data

Salary Overview

$49,350

The average Bill and Account Collectors in Delaware earns+2.8%above the national average.

BreakdownBased on 40h/week
Hourly

$23.7

Weekly

$949

Monthly

$4,113

Bill and Account Collectors Salary Distribution in Delaware

Career progression for Bill and Account Collectors in Delaware typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with specialized skills or supervisory responsibilities can command salaries well above the average, reflecting the value of their expertise and proven track record.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,050$16.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$37,013$17.8
ManagerOversees team, compliance, and project delivery.50% (Median)$46,660$22.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$61,688$29.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$66,710$32.1

Detailed Bill and Account Collectors Market Analysis

Relocation Context

Nominal Salary

$49,350

Gross Pay

Real Wage (Purchasing Power)

$48,958

Adjusted for COL (100.8)

The average annual salary of $49,350 in Delaware aligns closely with the state's Cost of Living Index of 100.8. This means that the purchasing power of a Bill and Account Collector's salary in Delaware is nearly equivalent to the national average, suggesting a balanced economic environment where earnings effectively cover living expenses.

Job Market Context

530

Total Jobs

1.108

Per 1K Jobs

1.04

Location Quotient

Above Average

With a location quotient of 1.04, Delaware has a slightly higher-than-average concentration of Bill and Account Collectors roles compared to the national norm.

A Location Quotient of 1.04 signifies that Delaware has a slightly higher concentration of Bill and Account Collectors compared to the national average. This suggests a competitive yet stable job market where employers actively seek qualified individuals, offering opportunities for those entering or advancing in the field.

Nearby Job Markets

Nearby Cities for Bill and Account Collectors

CitySalaryDist.
Dover, DE Bill and Account Collectors Salary$44,160↓ 11%11 mi
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Bill and Account Collectors Salary$50,320↑ 2%47 mi
Atlantic City-Hammonton, NJ Bill and Account Collectors Salary$55,710↑ 13%56 mi
Baltimore-Columbia-Towson, MD Bill and Account Collectors Salary$50,740↑ 3%59 mi

Comparing salaries near Delaware

Hiring Bill and Account Collectorss?

Frequently Asked Questions

How much does a Bill and Account Collectors make in Delaware?

The median annual salary for a Bill and Account Collectors in Delaware is $49,350. This typically ranges from $35,050 for entry-level positions to $66,710 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Delaware is 2.8% higher than the national median of $48,000.

Is Delaware a lucrative place for Bill and Account Collectorss?

Yes, Delaware offers a slightly above-average earning potential for Bill and Account Collectors.The average salary of $49,350 exceeds the national average, and the cost of living is very close to the national benchmark, indicating good relative earning power.

Is Delaware a good place to live for Bill and Account Collectors?

The Cost of Living Index in Delaware is 100.8. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Delaware?

Some top paying nearby cities include Dover, DE ($44,160) and Philadelphia-Camden-Wilmington, PA-NJ-DE-MD.

What is the total number of Bill and Account Collectors in Delaware?

Delaware employs approximately 530 Bill and Account Collectors, representing a focused segment of the state's workforce.

How does Delaware's job market compare to the national average for this role?

With a Location Quotient of 1.04, Delaware has a slightly higher concentration of Bill and Account Collectors than the national average, indicating a comparable or slightly stronger demand.

What is the cost of living in Delaware compared to the rest of the US?

Delaware's Cost of Living Index is 100.8, meaning it is only slightly more expensive than the national average (100).

How many Bill and Account Collector jobs are there per 1,000 workers in Delaware?

There are approximately 1.108 jobs for Bill and Account Collectors per 1,000 workers in Delaware, reflecting the role's presence in the state's employment landscape.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 530 employees in the Delaware area with a job density of 1.108 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Bill and Account Collectors • Data source: BLS OEWS 2024 •Jobs in Delaware