Average Bill and Account Collectors Salary in Louisiana
Bill and Account Collectors in Louisiana earn an average annual salary of $37,950, which is notably below the national average of $48,000. This disparity is often influenced by a combination of regional economic factors, industry demand within the state, and the overall cost of living, which shapes compensation benchmarks.
Executive Summary
- Average Salary: $37,950 per year.
- Growth Trend: Salaries have shifted 7.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $53,130.
- Outlook: With a local workforce of 1,950 Bill and Account Collectors, Louisiana presents a stable, albeit not exceptionally concentrated, job market for this profession. The Location Quotient of 0.96 suggests that the concentration of these roles in Louisiana is very close to the national average, indicating a steady demand that aligns with the general U.S. employment landscape for this occupation.
Salary Overview
The average Bill and Account Collectors in Louisiana earns-20.9%below the national average.
$18.3
$730
$3,163
Bill and Account Collectors Salary Trends (2020-2024)
While specific historical data for Louisiana's Bill and Account Collectors is not provided, it's reasonable to assume a general trend of salary growth over the past four years, mirroring national patterns. Economic shifts and inflation typically drive incremental increases in compensation across most sectors, including accounts receivable and collections.
Bill and Account Collectors Salary Distribution in Louisiana
Salary progression for Bill and Account Collectors typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with proven track records in debt recovery and client management can command significantly higher salaries. The widening gap between entry-level and senior percentile earnings reflects substantial career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $26,750 | $12.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $28,463 | $13.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $36,460 | $17.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $47,438 | $22.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $53,130 | $25.5 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$37,950
Gross Pay
Real Wage (Purchasing Power)
$41,250
Adjusted for COL (92)
The nominal salary of $37,950 in Louisiana needs to be viewed through the lens of its Cost of Living Index of 92. This index, being below the national average of 100, suggests that the purchasing power of this salary is relatively stronger within the state compared to national averages, potentially offsetting some of the lower nominal wage.
Job Market Context
1,950
Total Jobs
1.022
Per 1K Jobs
0.96
Location Quotient
Louisiana 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.
A Location Quotient of 0.96 for Bill and Account Collectors in Louisiana indicates that the state's employment concentration for this role is nearly on par with the national average. This suggests a balanced job market where the number of collectors is neither significantly over- nor under-represented compared to the rest of the country, implying a competitive but accessible employment landscape.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Baton Rouge, LA Bill and Account Collectors Salary | $43,120↑ 14% | 67 mi |
| Lafayette, LA Bill and Account Collectors Salary | $38,730↑ 2% | 67 mi |
| Monroe, LA Bill and Account Collectors Salary | $33,860↓ 11% | 94 mi |
Comparing salaries near Louisiana
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Louisiana?
The median annual salary for a Bill and Account Collectors in Louisiana is $37,950. This typically ranges from $26,750 for entry-level positions to $53,130 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Louisiana is 20.9% lower than the national median of $48,000.
Is Louisiana a lucrative place for Bill and Account Collectorss?
No, Louisiana is not a particularly lucrative place for Bill and Account Collectors.The average salary of $37,950 is substantially lower than the national average of $48,000. While the cost of living is also lower, it doesn't fully compensate for the significant wage gap.
Is Louisiana a good place to live for Bill and Account Collectors?
With a Cost of Living Index of 92 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Louisiana?
Some top paying nearby cities include Baton Rouge, LA ($43,120) and Lafayette, LA.
How does Louisiana's salary for Bill and Account Collectors compare to the national average?
The average annual salary for Bill and Account Collectors in Louisiana is $37,950, which is approximately $10,000 less than the national average of $48,000.
What is the concentration of Bill and Account Collectors jobs in Louisiana?
Louisiana has a Location Quotient of 0.96 for Bill and Account Collectors, indicating that the job concentration is very close to the national average.
How does the cost of living in Louisiana affect the salary?
With a Cost of Living Index of 92 (100 being the national average), Louisiana's lower cost of living means that the $37,950 salary may offer better purchasing power than it would in a higher-cost state.
What is the total number of Bill and Account Collectors in Louisiana?
There are approximately 1,950 Bill and Account Collectors employed in Louisiana.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,950 employees in the Louisiana area with a job density of 1.022 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 Louisiana