Average Bill and Account Collectors Salary in Greensboro-High Point, NC
Bill and Account Collectors in Greensboro-High Point, NC, earn an impressive average annual salary of $52,390, significantly surpassing the national average of $48,000. This elevated compensation is likely driven by a concentrated demand for these specialized financial services roles within the region, coupled with a stable economic environment.
Executive Summary
- Average Salary: $52,390 per year.
- Growth Trend: Salaries have shifted 46.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $64,260.
- Outlook: The Greensboro-High Point, NC, job market for Bill and Account Collectors appears robust, indicated by a total local workforce of 820 individuals in this role. The Location Quotient of 2.13 suggests a concentration of these jobs nearly twice the national average, pointing to a strong and potentially growing demand for collection professionals in the area.
Salary Overview
The average Bill and Account Collectors in Greensboro-High Point, NC earns+9.1%above the national average.
$25.2
$1,008
$4,366
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 Greensboro-High Point have experienced a steady upward trend over the past four years, mirroring national economic patterns and inflation adjustments. This growth likely reflects increasing operational costs and a sustained need for efficient debt recovery services.
Bill and Account Collectors Salary Distribution in Greensboro-High Point, NC
Career progression for Bill and Account Collectors 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 proven track records in complex collections or management roles can command salaries well above the average. The percentile gaps in salary distribution highlight these opportunities for advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,280 | $17.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $39,293 | $18.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $53,560 | $25.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $65,488 | $31.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $64,260 | $30.9 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$52,390
Gross Pay
Real Wage (Purchasing Power)
$52,390
Adjusted for COL (100)
With an average annual salary of $52,390 and a Cost of Living Index at the national average of 100, Bill and Account Collectors in Greensboro-High Point, NC, can expect their earnings to hold steady purchasing power. This means the nominal salary translates directly to the cost of goods and services, making it a financially stable location for this profession.
Job Market Context
820
Total Jobs
2.277
Per 1K Jobs
2.13
Location Quotient
Greensboro-High Point, NC has 2.1x 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.
The Location Quotient of 2.13 for Bill and Account Collectors in Greensboro-High Point, NC, signifies a highly concentrated job market. This indicates that the demand for these professionals is more than double the national average relative to the overall workforce, suggesting a competitive environment for employers seeking talent and favorable opportunities for job seekers.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Burlington, NC Bill and Account Collectors Salary | $36,960↓ 29% | 20 mi |
| Winston-Salem, NC Bill and Account Collectors Salary | $46,260↓ 12% | 23 mi |
| Eastern North Carolina nonmetropolitan area Bill and Account Collectors Salary | $40,740↓ 22% | 32 mi |
| Western North Carolina nonmetropolitan area Bill and Account Collectors Salary | $42,220↓ 19% | 32 mi |
| Central North Carolina nonmetropolitan area Bill and Account Collectors Salary | $41,720↓ 20% | 32 mi |
Comparing salaries near Greensboro-High Point, NC
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Greensboro-High Point, NC?
The median annual salary for a Bill and Account Collectors in Greensboro-High Point, NC is $52,390. This typically ranges from $36,280 for entry-level positions to $64,260 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Greensboro-High Point, NC is 9.1% higher than the national median of $48,000.
Is Greensboro-High Point, NC a lucrative place for Bill and Account Collectors?
Yes, Greensboro-High Point, NC offers a lucrative environment for Bill and Account Collectors.The average salary of $52,390 is higher than the national average, and the cost of living is on par with the national average, indicating strong purchasing power for collectors in the area.
Is Greensboro-High Point, NC a good place to live for Bill and Account Collectors?
The Cost of Living Index in Greensboro-High Point, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Greensboro-High Point, NC?
Some top paying nearby cities include Burlington, NC ($36,960) and Winston-Salem, NC.
How does the Greensboro-High Point salary compare to the national average?
Bill and Account Collectors in Greensboro-High Point, NC, earn an average of $52,390 annually, which is $4,390 more than the national average of $48,000.
What does a Location Quotient of 2.13 mean for Bill and Account Collectors?
A Location Quotient of 2.13 indicates that the concentration of Bill and Account Collector jobs in Greensboro-High Point, NC, is more than double the national average, suggesting higher demand and potentially more job opportunities.
How does the Cost of Living in Greensboro-High Point affect salary value?
With a Cost of Living Index of 100, the national average, the $52,390 salary in Greensboro-High Point offers purchasing power equivalent to the national average, meaning your earnings go as far as they would in a typical U.S. city.
What is the total number of Bill and Account Collectors in Greensboro-High Point?
There are approximately 820 Bill and Account Collectors employed in the Greensboro-High Point, NC 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 820 employees in the Greensboro-High Point, NC area with a job density of 2.277 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 Greensboro-High Point, NC