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Average Bill and Account Collectors Salary in Hawaii

Bill and Account Collectors in Hawaii earn an average annual salary of $50,960, surpassing the national average of $48,000. This higher compensation is often a reflection of the unique economic landscape and operational costs inherent to island states, necessitating a premium to attract and retain skilled professionals in roles crucial for financial operations.

Executive Summary

  • Average Salary: $50,960 per year.
  • Growth Trend: Salaries have shifted 20.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $64,300.
  • Outlook: With a local workforce of 250 individuals and a Location Quotient of 0.37, the market for Bill and Account Collectors in Hawaii indicates a specialized, yet stable, demand. While not a dominant sector in terms of sheer numbers compared to the national average, the concentration suggests a consistent need for these services within the state's economy.
2024 Market Data

Salary Overview

$50,960

The average Bill and Account Collectors in Hawaii earns+6.2%above the national average.

BreakdownBased on 40h/week
Hourly

$24.5

Weekly

$980

Monthly

$4,247

Bill and Account Collectors Salary Distribution in Hawaii

Career progression for Bill and Account Collectors in Hawaii typically sees 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 in complex debt recovery or specialized accounts can command salaries well above the average, reflecting their expertise and proven track record.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,920$18.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$38,220$18.4
ManagerOversees team, compliance, and project delivery.50% (Median)$50,380$24.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$63,700$30.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$64,300$30.9

Detailed Bill and Account Collectors Market Analysis

Relocation Context

Nominal Salary

$50,960

Gross Pay

Real Wage (Purchasing Power)

$27,368

Adjusted for COL (186.2)

The average annual salary of $50,960 in Hawaii presents a nuanced financial picture when contrasted with the state's Cost of Living Index of 186.2. While the nominal salary is higher than the national average, the significantly elevated cost of living means that the purchasing power of this income may be considerably less than in lower-cost regions, requiring careful budgeting.

Job Market Context

250

Total Jobs

0.395

Per 1K Jobs

0.37

Location Quotient

Low Concentration

At 0.37x, Hawaii has a notably lower concentration of Bill and Account Collectors jobs than the national average. Opportunities in this area are relatively scarce for this profession.

The Location Quotient of 0.37 for Bill and Account Collectors in Hawaii signifies that this profession is less concentrated than the national average. This suggests that while the job market is not saturated, there may be fewer opportunities compared to larger, more populous states, making specialized skills and local knowledge potentially more valuable.

Nearby Job Markets

Nearby Cities for Bill and Account Collectors

CitySalaryDist.
Urban Honolulu, HI Bill and Account Collectors Salary$51,800↑ 2%37 mi

Comparing salaries near Hawaii

Hiring Bill and Account Collectorss?

Frequently Asked Questions

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

The median annual salary for a Bill and Account Collectors in Hawaii is $50,960. This typically ranges from $38,920 for entry-level positions to $64,300 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Hawaii is 6.2% higher than the national median of $48,000.

Is Hawaii a lucrative place for Bill and Account Collectorss?

Yes, but with caveats.The average salary of $50,960 is higher than the national average, but the extremely high cost of living in Hawaii significantly impacts the real value of this income.

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

The Cost of Living Index in Hawaii is 186.2. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Hawaii?

Some top paying nearby cities include Urban Honolulu, HI ($51,800) and others.

How does the Hawaii salary compare to the national average?

Bill and Account Collectors in Hawaii earn an average of $50,960 annually, which is approximately $2,960 more than the national average of $48,000.

What is the cost of living in Hawaii?

Hawaii has a Cost of Living Index of 186.2, meaning it is 86.2% more expensive to live there than the national average, significantly impacting the take-home pay's purchasing power.

Is there high demand for Bill and Account Collectors in Hawaii?

The Location Quotient of 0.37 suggests that Bill and Account Collectors are less concentrated in Hawaii compared to the national average, indicating a potentially niche but stable demand.

How many Bill and Account Collectors are there in Hawaii?

The total local workforce for Bill and Account Collectors in Hawaii is approximately 250 individuals, with about 0.395 jobs per 1,000 workers.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Hawaii area with a job density of 0.395 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 Hawaii