Average Bill and Account Collectors Salary in Denver-Aurora-Centennial, CO
Bill and Account Collectors in the Denver-Aurora-Centennial, CO metropolitan area earn an average annual salary of $53,230, which is notably higher than the national average of $48,000. This elevated compensation is often influenced by the specific economic conditions and demand within the Denver region, reflecting a localized premium for these essential financial services roles.
Executive Summary
- Average Salary: $53,230 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $72,440.
- Outlook: The Denver-Aurora-Centennial area supports a local workforce of 980 Bill and Account Collectors. With a Location Quotient of 0.57, the concentration of these roles is below the national average, suggesting that while the market is established, it may not be as saturated as in other regions, potentially indicating a stable demand for skilled professionals.
Salary Overview
The average Bill and Account Collectors in Denver-Aurora-Centennial, CO earns+10.9%above the national average.
$25.6
$1,024
$4,436
Bill and Account Collectors Salary Trends (2020-2024)
While specific historical data for this role in Denver is not provided, it is reasonable to assume that salaries for Bill and Account Collectors have experienced growth over the past four years, mirroring general economic trends and inflation. This upward trajectory is typical as the cost of living and the demand for financial services evolve.
Bill and Account Collectors Salary Distribution in Denver-Aurora-Centennial, CO
Career progression for Bill and Account Collectors typically involves a salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills or supervisory responsibilities can command salaries in the higher percentiles, reflecting a clear path for advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,600 | $19.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $39,923 | $19.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $49,580 | $23.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $66,538 | $32 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $72,440 | $34.8 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$53,230
Gross Pay
Real Wage (Purchasing Power)
$53,230
Adjusted for COL (100)
The average annual salary of $53,230 in Denver-Aurora-Centennial 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 this area is equivalent to the national standard, offering a balanced financial landscape for residents.
Job Market Context
980
Total Jobs
0.605
Per 1K Jobs
0.57
Location Quotient
Denver-Aurora-Centennial, CO has 0.57x 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.
A Location Quotient of 0.57 indicates that Bill and Account Collectors are less concentrated in Denver-Aurora-Centennial compared to the national average. This suggests that while the profession is present, the job market might be less competitive, potentially offering more opportunities for qualified individuals seeking employment in this sector.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Boulder, CO Bill and Account Collectors Salary | $47,930↓ 10% | 27 mi |
| Greeley, CO Bill and Account Collectors Salary | $46,750↓ 12% | 45 mi |
| Northwest Colorado nonmetropolitan area Bill and Account Collectors Salary | $53,000↓ 0% | 54 mi |
| Eastern and Southern Colorado nonmetropolitan area Bill and Account Collectors Salary | $47,710↓ 10% | 54 mi |
Comparing salaries near Denver-Aurora-Centennial, CO
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Denver-Aurora-Centennial, CO?
The median annual salary for a Bill and Account Collectors in Denver-Aurora-Centennial, CO is $53,230. This typically ranges from $40,600 for entry-level positions to $72,440 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Denver-Aurora-Centennial, CO is 10.9% higher than the national median of $48,000.
Is Denver-Aurora-Centennial, CO a lucrative place for Bill and Account Collectors?
Yes, it offers a competitive salary.Bill and Account Collectors in Denver-Aurora-Centennial earn an average of $53,230 annually, exceeding the national average. Coupled with a cost of living index at the national average, this salary provides strong purchasing power.
Is Denver-Aurora-Centennial, CO a good place to live for Bill and Account Collectors?
The Cost of Living Index in Denver-Aurora-Centennial, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Denver-Aurora-Centennial, CO?
Some top paying nearby cities include Boulder, CO ($47,930) and Greeley, CO.
How does the Denver-Aurora-Centennial salary compare to the national average?
The average salary for Bill and Account Collectors in Denver-Aurora-Centennial is $53,230, which is approximately 11% higher than the national average of $48,000.
What is the concentration of Bill and Account Collectors in Denver-Aurora-Centennial?
The concentration, measured by the Location Quotient, is 0.57, meaning there are fewer Bill and Account Collectors per worker in this area compared to the national average.
How does the cost of living affect the salary in Denver-Aurora-Centennial?
The cost of living in Denver-Aurora-Centennial is at the national average (100), so the higher nominal salary translates directly to equivalent purchasing power compared to the national average.
What is the total number of Bill and Account Collectors in the Denver-Aurora-Centennial area?
There are approximately 980 Bill and Account Collectors employed within the Denver-Aurora-Centennial metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 980 employees in the Denver-Aurora-Centennial, CO area with a job density of 0.605 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 Denver-Aurora-Centennial, CO