Average Bill and Account Collectors Salary in Florida
Bill and Account Collectors in Florida earn an average annual salary of $46,750. This figure is slightly below the national average of $48,000, indicating a nuanced compensation landscape within the state. Factors such as regional economic conditions, industry demand, and the specific needs of businesses in Florida contribute to this localized pay rate.
Executive Summary
- Average Salary: $46,750 per year.
- Growth Trend: Salaries have shifted 24.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $58,920.
- Outlook: With a substantial local workforce of 13,350 Bill and Account Collectors, Florida demonstrates a significant presence in this sector. The location quotient of 1.27 further suggests a concentration of these roles compared to the national average, implying a robust and potentially growing demand for professionals skilled in billing and collections within the state's economy.
Salary Overview
The average Bill and Account Collectors in Florida earns-2.6%below the national average.
$22.5
$899
$3,896
Bill and Account Collectors Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Bill and Account Collectors in Florida have experienced a steady upward trend over the past four years, mirroring general economic growth and inflation. This growth is likely driven by an increasing volume of transactions and a greater emphasis on efficient revenue cycle management across various industries.
Bill and Account Collectors Salary Distribution in Florida
Career progression for Bill and Account Collectors in Florida typically involves a salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive experience in complex debt recovery and client management can command salaries in the higher percentiles, reflecting their specialized skills and proven track record.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,250 | $17.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $35,063 | $16.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $44,860 | $21.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $58,438 | $28.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $58,920 | $28.3 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$46,750
Gross Pay
Real Wage (Purchasing Power)
$45,699
Adjusted for COL (102.3)
The nominal average salary of $46,750 in Florida needs to be considered alongside the local Cost of Living Index of 102.3. This index indicates that the cost of living is slightly above the national average, meaning that the purchasing power of the average salary is marginally reduced compared to more affordable regions. Careful budgeting is advised for those relocating to Florida.
Job Market Context
13,350
Total Jobs
1.36
Per 1K Jobs
1.27
Location Quotient
With a location quotient of 1.27, Florida has a slightly higher-than-average concentration of Bill and Account Collectors roles compared to the national norm.
Florida's location quotient of 1.27 for Bill and Account Collectors signifies a higher concentration of these jobs than the national average. This suggests that the job market in Florida is relatively more abundant or specialized in this field, potentially offering more opportunities but also indicating a competitive environment for job seekers.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Sebring, FL Bill and Account Collectors Salary | $39,760↓ 15% | 25 mi |
| Lakeland-Winter Haven, FL Bill and Account Collectors Salary | $43,320↓ 7% | 26 mi |
| Tampa-St. Petersburg-Clearwater, FL Bill and Account Collectors Salary | $46,950↑ 0% | 49 mi |
| Orlando-Kissimmee-Sanford, FL Bill and Account Collectors Salary | $45,950↓ 2% | 57 mi |
| North Port-Bradenton-Sarasota, FL Bill and Account Collectors Salary | $42,940↓ 8% | 58 mi |
Comparing salaries near Florida
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Florida?
The median annual salary for a Bill and Account Collectors in Florida is $46,750. This typically ranges from $36,250 for entry-level positions to $58,920 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Florida is 2.6% lower than the national median of $48,000.
Is Florida a lucrative place for Bill and Account Collectorss?
Moderately. While the salary is slightly below the national average, the concentration of jobs suggests opportunity.Florida offers a slightly lower average salary than the national benchmark, but its higher location quotient indicates a strong presence and demand for Bill and Account Collectors, presenting a balanced outlook for professionals in this field.
Is Florida a good place to live for Bill and Account Collectors?
The Cost of Living Index in Florida is 102.3. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Florida?
Some top paying nearby cities include Sebring, FL ($39,760) and Lakeland-Winter Haven, FL.
How does the number of Bill and Account Collectors jobs per 1,000 workers compare nationally?
Florida has 1.36 Bill and Account Collector jobs per 1,000 workers, which is slightly above the national average, indicating a notable presence of this occupation within the state's labor market.
What is the significance of the Location Quotient (LQ) for Bill and Account Collectors in Florida?
An LQ of 1.27 means that Bill and Account Collectors are 27% more concentrated in Florida's workforce compared to the national average, suggesting a specialized demand for these roles within the state.
How does Florida's cost of living affect the Bill and Account Collector salary?
With a Cost of Living Index of 102.3, Florida is slightly more expensive than the national average. This means the $46,750 salary may have slightly less purchasing power than a similar salary in a lower cost-of-living area.
What does the total local workforce number imply for job seekers?
A total local workforce of 13,350 indicates a sizable pool of Bill and Account Collectors in Florida, suggesting a mature market with potential for both opportunities and competition.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 13,350 employees in the Florida area with a job density of 1.36 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 Florida