Average Bill and Account Collectors Salary in Huntsville, AL
Bill and Account Collectors in Huntsville, AL, command an average annual salary of $50,300, surpassing the national average of $48,000. This localized premium is often driven by specific industry demands and the unique economic landscape of the region, influencing compensation beyond the standard national benchmarks.
Executive Summary
- Average Salary: $50,300 per year.
- Growth Trend: Salaries have shifted 34.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $70,200.
- Outlook: Huntsville presents a stable employment environment for Bill and Account Collectors, with a local workforce of 320 individuals. The location quotient of 1.16 indicates a slightly higher concentration of these roles compared to the national average, suggesting a steady, if not growing, demand for skilled professionals in this sector within the city.
Salary Overview
The average Bill and Account Collectors in Huntsville, AL earns+4.8%above the national average.
$24.2
$967
$4,192
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 Huntsville have seen consistent growth over the past four years, mirroring broader economic trends and inflation adjustments. This upward trajectory is typical for roles that are essential to business operations and financial health.
Bill and Account Collectors Salary Distribution in Huntsville, AL
Career progression for Bill and Account Collectors in Huntsville is marked by increasing earning potential. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive experience and a proven track record can command salaries significantly higher than the average. The salary distribution reflects these experience-based increments, with higher percentiles representing senior roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $34,660 | $16.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,725 | $18.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,590 | $22.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $62,875 | $30.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $70,200 | $33.8 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$50,300
Gross Pay
Real Wage (Purchasing Power)
$50,300
Adjusted for COL (100)
For individuals considering a move to Huntsville, the average salary of $50,300 aligns perfectly with the local cost of living index of 100, which is precisely the national average. This means that the purchasing power of a Bill and Account Collector's salary in Huntsville is equivalent to the national standard, offering a stable financial footing without the immediate pressure of higher living expenses.
Job Market Context
320
Total Jobs
1.24
Per 1K Jobs
1.16
Location Quotient
With a location quotient of 1.16, Huntsville, AL has a slightly higher-than-average concentration of Bill and Account Collectors roles compared to the national norm.
With a location quotient of 1.16, Huntsville demonstrates a slightly above-average concentration of Bill and Account Collector positions relative to the national distribution. This suggests a healthy job market where demand is robust enough to support a workforce slightly larger than what would be expected based on national averages, indicating good opportunities for both new entrants and experienced professionals.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Florence-Muscle Shoals, AL Bill and Account Collectors Salary | $39,900↓ 21% | 59 mi |
| Gadsden, AL Bill and Account Collectors Salary | $34,040↓ 32% | 60 mi |
| East Tennessee nonmetropolitan area Bill and Account Collectors Salary | $45,460↓ 10% | 73 mi |
| South Central Tennessee nonmetropolitan area Bill and Account Collectors Salary | $45,050↓ 10% | 73 mi |
Comparing salaries near Huntsville, AL
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Huntsville, AL?
The median annual salary for a Bill and Account Collectors in Huntsville, AL is $50,300. This typically ranges from $34,660 for entry-level positions to $70,200 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Huntsville, AL is 4.8% higher than the national median of $48,000.
Is Huntsville, AL a lucrative place for Bill and Account Collectors?
Yes, Huntsville offers competitive compensation for Bill and Account Collectors.The average salary of $50,300 is higher than the national average, and the cost of living is on par with the national average, indicating strong purchasing power for these professionals.
Is Huntsville, AL a good place to live for Bill and Account Collectors?
The Cost of Living Index in Huntsville, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Huntsville, AL?
Some top paying nearby cities include Florence-Muscle Shoals, AL ($39,900) and Gadsden, AL.
How does the local workforce size affect job prospects?
A local workforce of 320 indicates a moderately sized but established market for Bill and Account Collectors, suggesting consistent opportunities without extreme competition.
What does a Location Quotient of 1.16 mean for job seekers?
A location quotient of 1.16 signifies that Huntsville has a slightly higher concentration of Bill and Account Collector jobs than the national average, implying favorable demand.
How does the cost of living in Huntsville compare nationally?
Huntsville's cost of living index is 100, meaning it is exactly average compared to the rest of the nation, making the local salary highly competitive in terms of purchasing power.
Are there many Bill and Account Collector jobs per 1,000 workers in Huntsville?
With 1.24 jobs per 1,000 workers, Huntsville shows a solid presence of these roles, indicating a stable job market for individuals in this profession.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Huntsville, AL area with a job density of 1.24 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 Huntsville, AL