Average Bill and Account Collectors Salary in Los Angeles-Long Beach-Anaheim, CA
Bill and Account Collectors in the Los Angeles-Long Beach-Anaheim, CA area earn an average annual salary of $57,300, significantly surpassing the national average of $48,000. This higher compensation is directly influenced by the robust economic activity and higher operational costs characteristic of a major metropolitan hub like Los Angeles.
Executive Summary
- Average Salary: $57,300 per year.
- Growth Trend: Salaries have shifted 17.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $81,720.
- Outlook: The Los Angeles-Long Beach-Anaheim area presents a stable employment landscape for Bill and Account Collectors, with a local workforce of 7,040 individuals. The Location Quotient of 1.06 indicates a slightly higher concentration of these roles compared to the national average, suggesting steady demand and a well-established presence for this profession within the region's diverse economy.
Salary Overview
The average Bill and Account Collectors in Los Angeles-Long Beach-Anaheim, CA earns+19.4%above the national average.
$27.6
$1,102
$4,775
Bill and Account Collectors Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Bill and Account Collectors in Los Angeles have experienced a gradual upward trend over the past four years, mirroring general economic growth and inflation. This suggests a dynamic market where compensation likely keeps pace with evolving economic conditions and demand for collection services.
Bill and Account Collectors Salary Distribution in Los Angeles-Long Beach-Anaheim, CA
Career progression for Bill and Account Collectors in Los Angeles typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with specialized skills or supervisory responsibilities can command salaries well above the average. The widening percentile gaps highlight clear opportunities for advancement and higher earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,300 | $17.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $42,975 | $20.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $56,010 | $26.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $71,625 | $34.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $81,720 | $39.3 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$57,300
Gross Pay
Real Wage (Purchasing Power)
$57,300
Adjusted for COL (100)
The nominal average salary of $57,300 in Los Angeles-Long Beach-Anaheim aligns precisely with the national average Cost of Living Index of 100. This means that while the gross income is higher than the national average, the purchasing power of this salary is comparable to the national standard, as local expenses effectively balance out the increased earnings.
Job Market Context
7,040
Total Jobs
1.135
Per 1K Jobs
1.06
Location Quotient
With a location quotient of 1.06, Los Angeles-Long Beach-Anaheim, CA has a slightly higher-than-average concentration of Bill and Account Collectors roles compared to the national norm.
With a Location Quotient of 1.06, the Los Angeles-Long Beach-Anaheim job market for Bill and Account Collectors is slightly more concentrated than the national average. This suggests a competitive yet accessible market, where the demand for these professionals is robust enough to support a slightly larger workforce relative to other regions, indicating good opportunities for qualified candidates.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Riverside-San Bernardino-Ontario, CA Bill and Account Collectors Salary | $54,680↓ 5% | 49 mi |
| Oxnard-Thousand Oaks-Ventura, CA Bill and Account Collectors Salary | $56,470↓ 1% | 55 mi |
Comparing salaries near Los Angeles-Long Beach-Anaheim, CA
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Los Angeles-Long Beach-Anaheim, CA?
The median annual salary for a Bill and Account Collectors in Los Angeles-Long Beach-Anaheim, CA is $57,300. This typically ranges from $37,300 for entry-level positions to $81,720 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Los Angeles-Long Beach-Anaheim, CA is 19.4% higher than the national median of $48,000.
Is Los Angeles-Long Beach-Anaheim, CA a lucrative place for Bill and Account Collectors?
Yes, it offers above-average earnings.Bill and Account Collectors in this region earn $57,300 annually, which is higher than the national average. The cost of living is also at the national average, making the higher salary translate to comparable purchasing power.
Is Los Angeles-Long Beach-Anaheim, CA a good place to live for Bill and Account Collectors?
The Cost of Living Index in Los Angeles-Long Beach-Anaheim, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Los Angeles-Long Beach-Anaheim, CA?
Some top paying nearby cities include Riverside-San Bernardino-Ontario, CA ($54,680) and Oxnard-Thousand Oaks-Ventura, CA.
How does the Los Angeles salary compare to the national average?
The average annual salary for Bill and Account Collectors in Los Angeles is $57,300, which is $9,300 higher than the national average of $48,000.
What is the concentration of Bill and Account Collectors in Los Angeles?
The Location Quotient is 1.06, indicating a slightly higher concentration of Bill and Account Collectors in Los Angeles compared to the national average.
How does the cost of living affect the salary in Los Angeles?
The Cost of Living Index in Los Angeles is 100, which is the national average. This means the higher salary of $57,300 offers purchasing power equivalent to the national average.
What is the total number of Bill and Account Collectors in the Los Angeles area?
There are approximately 7,040 Bill and Account Collectors employed in the Los Angeles-Long Beach-Anaheim metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,040 employees in the Los Angeles-Long Beach-Anaheim, CA area with a job density of 1.135 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 Los Angeles-Long Beach-Anaheim, CA