Average Bill and Account Collectors Salary in Georgia
In Georgia, Bill and Account Collectors earn an average annual salary of $46,840. This figure is slightly below the national average of $48,000, a common occurrence where regional economic factors and the cost of living influence compensation levels. The specific demand and supply dynamics within the state's job market play a crucial role in shaping these localized pay rates.
Executive Summary
- Average Salary: $46,840 per year.
- Growth Trend: Salaries have shifted 13.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $61,090.
- Outlook: Georgia's job market for Bill and Account Collectors appears robust, evidenced by a total local workforce of 6,610 individuals in this role. The Location Quotient of 1.27 indicates a higher concentration of these professionals in Georgia compared to the national average, suggesting a stable and potentially growing demand for their services within the state.
Salary Overview
The average Bill and Account Collectors in Georgia earns-2.4%below the national average.
$22.5
$901
$3,903
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 Georgia have experienced gradual growth over the past four years, mirroring national trends. Economic recovery, inflation, and evolving industry demands typically drive modest annual increases in compensation for such roles.
Bill and Account Collectors Salary Distribution in Georgia
Career progression for Bill and Account Collectors in Georgia 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 extensive experience and specialized skills can command salaries well above the average, reflected in higher percentile earnings.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,350 | $17 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $35,130 | $16.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,600 | $22.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $58,550 | $28.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $61,090 | $29.4 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$46,840
Gross Pay
Real Wage (Purchasing Power)
$52,511
Adjusted for COL (89.2)
The average annual salary of $46,840 in Georgia presents a favorable financial picture when considered against the state's Cost of Living Index of 89.2. This index, being below the national average of 100, means that the purchasing power of a Bill and Account Collector's salary in Georgia is effectively higher than the nominal figure suggests, offering a good standard of living.
Job Market Context
6,610
Total Jobs
1.361
Per 1K Jobs
1.27
Location Quotient
With a location quotient of 1.27, Georgia has a slightly higher-than-average concentration of Bill and Account Collectors roles compared to the national norm.
With a Location Quotient of 1.27, Georgia exhibits a notable concentration of Bill and Account Collectors relative to the national average. This suggests that the job market in Georgia is more specialized or has a higher demand for these professionals than many other regions, potentially offering more opportunities and a competitive environment for skilled individuals.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Macon-Bibb County, GA Bill and Account Collectors Salary | $38,970↓ 17% | 16 mi |
| Atlanta-Sandy Springs-Roswell, GA Bill and Account Collectors Salary | $48,940↑ 4% | 65 mi |
| Columbus, GA-AL Bill and Account Collectors Salary | $38,750↓ 17% | 81 mi |
Comparing salaries near Georgia
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Georgia?
The median annual salary for a Bill and Account Collectors in Georgia is $46,840. This typically ranges from $35,350 for entry-level positions to $61,090 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Georgia is 2.4% lower than the national median of $48,000.
Is Georgia a lucrative place for Bill and Account Collectors?
Yes, with a caveat regarding the national average.While the average salary is slightly below the national average, Georgia's lower cost of living makes the $46,840 salary more valuable. The strong concentration of these roles (LQ 1.27) also indicates a healthy job market.
Is Georgia a good place to live for Bill and Account Collectors?
With a Cost of Living Index of 89.2 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Georgia?
Some top paying nearby cities include Macon-Bibb County, GA ($38,970) and Atlanta-Sandy Springs-Roswell, GA.
How does Georgia's cost of living affect Bill and Account Collector salaries?
Georgia's Cost of Living Index of 89.2 is below the national average, meaning your $46,840 salary will likely have greater purchasing power than in higher-cost states, making it financially advantageous.
What does the Location Quotient of 1.27 mean for Bill and Account Collectors in Georgia?
A Location Quotient of 1.27 signifies that Bill and Account Collector jobs are 27% more concentrated in Georgia than the national average, indicating a stronger presence and potentially higher demand for these roles within the state.
How many Bill and Account Collectors are there in Georgia?
There are approximately 6,610 Bill and Account Collectors employed in Georgia, representing 1.361 jobs per 1,000 workers in the state's overall labor force.
Is the salary for Bill and Account Collectors in Georgia expected to increase?
While specific trends require ongoing analysis, general economic factors and industry demand typically lead to modest annual salary growth for roles like Bill and Account Collectors.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,610 employees in the Georgia area with a job density of 1.361 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Bill and Account Collectors Salaries by State
Top Jobs in Georgia
- All Occupations Salary in Georgia
- Office and Administrative Support Occupations Salary in Georgia
- Transportation and Material Moving Occupations Salary in Georgia
- Sales and Related Occupations Salary in Georgia
- Food Preparation and Serving Related Occupations Salary in Georgia
- Business and Financial Operations Occupations Salary in Georgia
- Management Occupations Salary in Georgia
- Production Occupations Salary in Georgia
- Healthcare Practitioners and Technical Occupations Salary in Georgia
- Educational Instruction and Library Occupations Salary in Georgia
- Browse All Jobs in Georgia →
Semantic Salary Analysis for Bill and Account Collectors • Data source: BLS OEWS 2024 •Jobs in Georgia