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Average Bill and Account Collectors Salary in Jacksonville, FL

In Jacksonville, FL, Bill and Account Collectors earn an average annual salary of $45,280. This figure is slightly below the national average of $48,000, a common occurrence in areas where the cost of living aligns with the national standard. Local economic factors and the specific demand within the Jacksonville metropolitan area contribute to this salary positioning.

Executive Summary

  • Average Salary: $45,280 per year.
  • Growth Trend: Salaries have shifted 30.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $55,530.
  • Outlook: Jacksonville presents a robust employment landscape for Bill and Account Collectors, evidenced by a substantial local workforce of 1,710 individuals. The Location Quotient of 2.11 significantly exceeds the national average, indicating a higher concentration of these roles in Jacksonville compared to the rest of the country. This suggests a strong and potentially growing demand for professionals in this field within the region.
2024 Market Data

Salary Overview

$45,280

The average Bill and Account Collectors in Jacksonville, FL earns-5.7%below the national average.

BreakdownBased on 40h/week
Hourly

$21.8

Weekly

$871

Monthly

$3,773

Bill and Account Collectors Salary Distribution in Jacksonville, FL

Career progression for Bill and Account Collectors in Jacksonville typically involves a salary increase tied to experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries, potentially reaching the upper percentiles. The gap between entry-level and senior roles signifies substantial earning potential and career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,170$17.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$33,960$16.3
ManagerOversees team, compliance, and project delivery.50% (Median)$44,620$21.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$56,600$27.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$55,530$26.7

Detailed Bill and Account Collectors Market Analysis

Relocation Context

Nominal Salary

$45,280

Gross Pay

Real Wage (Purchasing Power)

$45,280

Adjusted for COL (100)

The average annual salary of $45,280 in Jacksonville, FL, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Bill and Account Collector's salary in Jacksonville is equivalent to the national average, offering a stable financial environment without the pressures of a significantly higher or lower cost of living.

Job Market Context

1,710

Total Jobs

2.256

Per 1K Jobs

2.11

Location Quotient

Major Hub

Jacksonville, FL 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.

With a Location Quotient of 2.11, Jacksonville, FL, demonstrates a job market that is more than twice as concentrated with Bill and Account Collectors than the national average. This high concentration suggests a strong demand for these professionals and potentially a competitive environment for employers seeking talent, while also indicating ample opportunities for job seekers in this sector.

Nearby Job Markets

Nearby Cities for Bill and Account Collectors

Comparing salaries near Jacksonville, FL

Hiring Bill and Account Collectorss?

Frequently Asked Questions

How much does a Bill and Account Collectors make in Jacksonville, FL?

The median annual salary for a Bill and Account Collectors in Jacksonville, FL is $45,280. This typically ranges from $37,170 for entry-level positions to $55,530 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Jacksonville, FL is 5.7% lower than the national median of $48,000.

Is Jacksonville, FL a lucrative place for Bill and Account Collectorss?

Yes, it offers a stable earning potential.While the average salary is slightly below the national average, the cost of living also matches the national average, making the purchasing power equivalent. The high concentration of these roles indicates strong local demand.

Is Jacksonville, FL a good place to live for Bill and Account Collectors?

The Cost of Living Index in Jacksonville, FL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Jacksonville, FL?

Some top paying nearby cities include Brunswick-St. Simons, GA ($44,000) and Gainesville, FL.

How does experience affect salary for Bill and Account Collectors in Jacksonville?

Experience is a key driver of salary increases. Entry-level collectors typically earn less, while those with several years of experience and proven success in debt recovery can command higher salaries, moving into senior or specialized roles.

What is the significance of the Location Quotient (LQ) for this role in Jacksonville?

An LQ of 2.11 means that Bill and Account Collectors are more than twice as concentrated in Jacksonville compared to the national average. This indicates a robust local industry and potentially higher demand for these professionals.

How does Jacksonville's cost of living compare to the national average for Bill and Account Collectors?

Jacksonville's Cost of Living Index is 100, which is exactly the national average. This means that the $45,280 salary provides purchasing power equivalent to the national average salary across the U.S.

Are there many Bill and Account Collector jobs in Jacksonville?

Yes, with a total local workforce of 1,710 and a high Location Quotient, Jacksonville shows a significant presence and demand for Bill and Account Collectors relative to other occupations and locations.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,710 employees in the Jacksonville, FL area with a job density of 2.256 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.