Average Bill and Account Collectors Salary in Idaho
In Idaho, Bill and Account Collectors earn an average annual salary of $45,280, which is slightly below the national average of $48,000. This difference in compensation is often influenced by the specific economic conditions and demand within the state's job market. Factors such as the cost of doing business and the overall economic landscape contribute to the localized pay rates.
Executive Summary
- Average Salary: $45,280 per year.
- Growth Trend: Salaries have shifted 24.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $55,860.
- Outlook: Idaho's market for Bill and Account Collectors appears stable, with a total local workforce of 870 individuals in this role. The Location Quotient of 0.96 suggests that the concentration of these jobs in Idaho is very close to the national average, indicating a consistent, albeit not exceptionally high, demand for these professionals.
Salary Overview
The average Bill and Account Collectors in Idaho earns-5.7%below the national average.
$21.8
$871
$3,773
Bill and Account Collectors Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that salaries for Bill and Account Collectors in Idaho have seen gradual growth over the past four years, mirroring national trends. Economic shifts and inflation typically drive modest increases in compensation for most professions, including those in financial services and collections.
Bill and Account Collectors Salary Distribution in Idaho
Career progression for Bill and Account Collectors in Idaho typically involves moving from entry-level positions to more senior roles, which naturally commands higher salaries. While specific percentile data isn't available, the difference between starting salaries and those earned by experienced professionals often signifies significant earning potential and career advancement within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $33,690 | $16.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $33,960 | $16.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $43,380 | $20.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $56,600 | $27.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $55,860 | $26.9 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$45,280
Gross Pay
Real Wage (Purchasing Power)
$42,677
Adjusted for COL (106.1)
The average annual salary of $45,280 in Idaho needs to be considered alongside its Cost of Living Index of 106.1. This index, being slightly above the national average (100), means that while the nominal salary is lower than the national average, the purchasing power might be closer when adjusted for local expenses, though it still indicates a slightly higher cost of living than the national baseline.
Job Market Context
870
Total Jobs
1.029
Per 1K Jobs
0.96
Location Quotient
Idaho has 0.96x 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.
With a Location Quotient of 0.96, Idaho's job market for Bill and Account Collectors is nearly on par with the national average in terms of concentration. This suggests a balanced market where the number of available positions aligns closely with the national distribution, implying neither an oversaturated nor a severely undersupplied environment for these roles.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Boise City, ID Bill and Account Collectors Salary | $46,110↑ 2% | 96 mi |
Comparing salaries near Idaho
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Idaho?
The median annual salary for a Bill and Account Collectors in Idaho is $45,280. This typically ranges from $33,690 for entry-level positions to $55,860 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Idaho is 5.7% lower than the national median of $48,000.
Is Idaho a lucrative place for Bill and Account Collectorss?
No, Idaho is not exceptionally lucrative for Bill and Account Collectors.The average salary of $45,280 is below the national average, and while the cost of living is only slightly higher than the national average, the overall compensation package is not as high as in many other states.
Is Idaho a good place to live for Bill and Account Collectors?
The Cost of Living Index in Idaho is 106.1. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Idaho?
Some top paying nearby cities include Boise City, ID ($46,110) and others.
How does Idaho's cost of living compare to the national average?
Idaho's Cost of Living Index is 106.1, which is 6.1% higher than the national average of 100, indicating that everyday expenses are slightly more costly in the state.
What is the concentration of Bill and Account Collector jobs in Idaho?
The concentration, measured by the Location Quotient, is 0.96, meaning the proportion of Bill and Account Collector jobs in Idaho is very close to the national average.
How many Bill and Account Collectors are there in Idaho?
There are approximately 870 Bill and Account Collectors employed in Idaho.
Are there many job opportunities for Bill and Account Collectors in Idaho?
With 1.029 jobs per 1,000 workers, the availability of positions is close to the national average, suggesting a steady but not booming job market for this profession in Idaho.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 870 employees in the Idaho area with a job density of 1.029 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 Idaho