SalaryNode

Average Bill and Account Collectors Salary in Lakeland-Winter Haven, FL

In Lakeland-Winter Haven, FL, Bill and Account Collectors earn an average annual salary of $43,320. This figure is notably below the national average of $48,000, suggesting that local economic factors and demand dynamics play a significant role in compensation for this profession within the region.

Executive Summary

  • Average Salary: $43,320 per year.
  • Growth Trend: Salaries have shifted 16.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $58,430.
  • Outlook: The Lakeland-Winter Haven area supports a local workforce of 200 Bill and Account Collectors. With a Location Quotient of 0.7, the concentration of these roles is slightly below the national average, indicating a stable but not exceptionally high demand for this specific occupation within the local job market.
2024 Market Data

Salary Overview

$43,320

The average Bill and Account Collectors in Lakeland-Winter Haven, FL earns-9.8%below the national average.

BreakdownBased on 40h/week
Hourly

$20.8

Weekly

$833

Monthly

$3,610

Bill and Account Collectors Salary Distribution in Lakeland-Winter Haven, FL

Career progression for Bill and Account Collectors typically involves a salary increase with 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 salaries significantly higher than the average, reflecting increased responsibility and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,320$17
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$32,490$15.6
ManagerOversees team, compliance, and project delivery.50% (Median)$41,860$20.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$54,150$26
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$58,430$28.1

Detailed Bill and Account Collectors Market Analysis

Relocation Context

Nominal Salary

$43,320

Gross Pay

Real Wage (Purchasing Power)

$43,320

Adjusted for COL (100)

The average annual salary of $43,320 in Lakeland-Winter Haven aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of a Bill and Account Collector's salary in this region is comparable to the national standard, offering neither a significant financial advantage nor disadvantage.

Job Market Context

200

Total Jobs

0.747

Per 1K Jobs

0.7

Location Quotient

Below Average

Lakeland-Winter Haven, FL has 0.70x 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.

A Location Quotient of 0.7 for Bill and Account Collectors in Lakeland-Winter Haven suggests that the profession is less concentrated here compared to the national average. This implies a moderately competitive job market where opportunities exist, but the sheer volume of available positions might be lower than in more densely populated or economically specialized areas.

Nearby Job Markets

Nearby Cities for Bill and Account Collectors

Comparing salaries near Lakeland-Winter Haven, FL

Hiring Bill and Account Collectorss?

Frequently Asked Questions

How much does a Bill and Account Collectors make in Lakeland-Winter Haven, FL?

The median annual salary for a Bill and Account Collectors in Lakeland-Winter Haven, FL is $43,320. This typically ranges from $35,320 for entry-level positions to $58,430 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lakeland-Winter Haven, FL is 9.8% lower than the national median of $48,000.

Is Lakeland-Winter Haven, FL a lucrative place for Bill and Account Collectors?

No, not particularly lucrative compared to the national average.The average salary of $43,320 is below the national average of $48,000, and the cost of living is at the national average, offering no significant financial advantage.

Is Lakeland-Winter Haven, FL a good place to live for Bill and Account Collectors?

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

Where are the highest paying cities near Lakeland-Winter Haven, FL?

Some top paying nearby cities include North Florida nonmetropolitan area ($47,950) and South Florida nonmetropolitan area.

How does the Lakeland-Winter Haven salary compare to the national average?

Bill and Account Collectors in Lakeland-Winter Haven earn approximately $4,680 less per year than the national average.

What is the concentration of Bill and Account Collectors in Lakeland-Winter Haven?

The concentration, measured by the Location Quotient, is 0.7, which is 30% lower than the national average, indicating fewer jobs per worker in this field locally.

Does the cost of living affect the perceived value of the salary?

No, the cost of living in Lakeland-Winter Haven is exactly at the national average (100), meaning the $43,320 salary has average purchasing power.

What does the total local workforce number imply?

A local workforce of 200 Bill and Account Collectors suggests a moderate-sized segment of the employment landscape for this role within the region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Lakeland-Winter Haven, FL area with a job density of 0.747 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.