Average Bill and Account Collectors Salary in Hot Springs, AR
The average salary for Bill and Account Collectorss in Hot Springs, AR is $34,780. While this is lower than the national average, the cost of living in Hot Springs, AR may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $34,780 per year.
- Growth Trend: Salaries have shifted 11.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $45,700.
- Outlook: The current demand for Bill and Account Collectorss is stable, with a local workforce of approximately 40 professionals. This role remains a specialized component of the broader Hot Springs, AR economy.
Salary Overview
The average Bill and Account Collectors in Hot Springs, AR earns-27.5%below the national average.
$16.7
$669
$2,898
Bill and Account Collectors Salary Trends (2020-2024)
Over the past 3 years, Bill and Account Collectors salaries in Hot Springs, AR have shown healthy growth of 11.0%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Bill and Account Collectors Salary Distribution in Hot Springs, AR
The earning potential for Bill and Account Collectorss in Hot Springs, AR varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $25,860, while highly experienced professionals can command wages upwards of $45,700.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $25,860 | $12.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $26,085 | $12.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $35,580 | $17.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $43,475 | $20.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $45,700 | $22 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$34,780
Gross Pay
Real Wage (Purchasing Power)
$34,780
Adjusted for COL (100)
In Hot Springs, AR, the Cost of Living Index is 100. This increases your effective purchasing power from $34,780 to $34,780.
Job Market Context
40
Total Jobs
0.957
Per 1K Jobs
0.89
Location Quotient
Hot Springs, AR has 0.89x 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.
40 people work as Bill and Account Collectors in Hot Springs, AR.
Only 0.957 out of every 1,000 local jobs are Bill and Account Collectors roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Little Rock-North Little Rock-Conway, AR Bill and Account Collectors Salary | $39,360↑ 13% | 43 mi |
| South Arkansas nonmetropolitan area Bill and Account Collectors Salary | $36,540↑ 5% | 51 mi |
| North Arkansas nonmetropolitan area Bill and Account Collectors Salary | $33,760↓ 3% | 51 mi |
| East Arkansas nonmetropolitan area Bill and Account Collectors Salary | $35,960↑ 3% | 51 mi |
Comparing salaries near Hot Springs, AR
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Hot Springs, AR?
The median annual salary for a Bill and Account Collectors in Hot Springs, AR is $34,780. This typically ranges from $25,860 for entry-level positions to $45,700 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hot Springs, AR is 27.5% lower than the national median of $48,000.
Is Hot Springs, AR a good place for Bill and Account Collectorss?
It depends on your priorities. While the average Bill and Account Collectors salary in Hot Springs, AR is $34,780 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Hot Springs, AR. See distinct detailed breakdown below.
Is Hot Springs, AR a good place to live for Bill and Account Collectors?
The Cost of Living Index in Hot Springs, AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hot Springs, AR?
Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($39,360) and South Arkansas nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 40 employees in the Hot Springs, AR area with a job density of 0.957 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 Hot Springs, AR