Average Bill and Account Collectors Salary in Manchester-Nashua, NH
In the Manchester-Nashua, NH area, Bill and Account Collectors earn an average annual salary of $48,650. This figure slightly surpasses the national average of $48,000, indicating a modest premium for professionals in this region. Local economic factors and demand dynamics likely contribute to this slightly elevated compensation.
Executive Summary
- Average Salary: $48,650 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $58,090.
- Outlook: With a local workforce of 270 Bill and Account Collectors, Manchester-Nashua, NH demonstrates a stable employment landscape for this profession. The Location Quotient of 1.27 suggests a concentration of these roles that is 27% higher than the national average, implying a robust demand and a potentially favorable job market for skilled collectors.
Salary Overview
The average Bill and Account Collectors in Manchester-Nashua, NH earns+1.4%above the national average.
$23.4
$936
$4,054
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 Manchester-Nashua, NH have experienced gradual growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for collection services, and evolving industry practices typically drive modest annual salary increases in this sector.
Bill and Account Collectors Salary Distribution in Manchester-Nashua, NH
Salary progression for Bill and Account Collectors typically correlates with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with proven track records and specialized skills can command significantly higher salaries. The percentile gaps in compensation clearly signify career progression opportunities and the value placed on expertise within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,490 | $18.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $36,488 | $17.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,030 | $22.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $60,813 | $29.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $58,090 | $27.9 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$48,650
Gross Pay
Real Wage (Purchasing Power)
$48,650
Adjusted for COL (100)
The average annual salary of $48,650 in Manchester-Nashua, NH aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a collector's salary in this area is equivalent to the national average, offering a stable financial environment without significant cost-of-living pressures.
Job Market Context
270
Total Jobs
1.355
Per 1K Jobs
1.27
Location Quotient
With a location quotient of 1.27, Manchester-Nashua, NH has a slightly higher-than-average concentration of Bill and Account Collectors roles compared to the national norm.
A Location Quotient of 1.27 for Bill and Account Collectors in Manchester-Nashua, NH indicates a higher concentration of these jobs compared to the national average. This suggests that the job market in this area is more specialized and potentially more competitive, with employers actively seeking individuals with these specific skills.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Central New Hampshire nonmetropolitan area Bill and Account Collectors Salary | $50,770↑ 4% | 33 mi |
| Northern New Hampshire nonmetropolitan area Bill and Account Collectors Salary | $45,300↓ 7% | 33 mi |
| Southwestern New Hampshire nonmetropolitan area Bill and Account Collectors Salary | $50,220↑ 3% | 33 mi |
| Boston-Cambridge-Newton, MA-NH Bill and Account Collectors Salary | $56,330↑ 16% | 50 mi |
Comparing salaries near Manchester-Nashua, NH
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Manchester-Nashua, NH?
The median annual salary for a Bill and Account Collectors in Manchester-Nashua, NH is $48,650. This typically ranges from $38,490 for entry-level positions to $58,090 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Manchester-Nashua, NH is 1.4% higher than the national median of $48,000.
Is Manchester-Nashua, NH a lucrative place for Bill and Account Collectors?
Yes, it offers a slightly above-average salary and a concentrated job market.The average salary of $48,650 is marginally higher than the national average, and the Location Quotient of 1.27 points to a stronger presence of these roles locally.
Is Manchester-Nashua, NH a good place to live for Bill and Account Collectors?
The Cost of Living Index in Manchester-Nashua, NH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Manchester-Nashua, NH?
Some top paying nearby cities include Central New Hampshire nonmetropolitan area ($50,770) and Northern New Hampshire nonmetropolitan area.
How does the Manchester-Nashua, NH salary compare to the national average?
The average annual salary for Bill and Account Collectors in Manchester-Nashua, NH is $48,650, which is slightly higher than the national average of $48,000.
What does a Location Quotient of 1.27 mean for Bill and Account Collectors in this area?
A Location Quotient of 1.27 signifies that the concentration of Bill and Account Collector jobs in Manchester-Nashua, NH is 27% higher than the national average, suggesting greater demand relative to the national landscape.
How does the Cost of Living in Manchester-Nashua, NH affect the salary?
With a Cost of Living Index of 100, the local cost of living is on par with the national average. Therefore, the $48,650 salary provides purchasing power equivalent to the national average.
What is the total number of Bill and Account Collectors in the Manchester-Nashua, NH area?
There are approximately 270 Bill and Account Collectors employed within the Manchester-Nashua, NH 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 270 employees in the Manchester-Nashua, NH area with a job density of 1.355 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Bill and Account Collectors Salaries by State
Top Jobs in Manchester-Nashua, NH
- All Occupations Salary in Manchester-Nashua, NH
- Office and Administrative Support Occupations Salary in Manchester-Nashua, NH
- Sales and Related Occupations Salary in Manchester-Nashua, NH
- Food Preparation and Serving Related Occupations Salary in Manchester-Nashua, NH
- Management Occupations Salary in Manchester-Nashua, NH
- Healthcare Practitioners and Technical Occupations Salary in Manchester-Nashua, NH
- Transportation and Material Moving Occupations Salary in Manchester-Nashua, NH
- Business and Financial Operations Occupations Salary in Manchester-Nashua, NH
- Educational Instruction and Library Occupations Salary in Manchester-Nashua, NH
- Production Occupations Salary in Manchester-Nashua, NH
- Browse All Jobs in Manchester-Nashua, NH →
Semantic Salary Analysis for Bill and Account Collectors • Data source: BLS OEWS 2024 •Jobs in Manchester-Nashua, NH