Average Bill and Account Collectors Salary in McAllen-Edinburg-Mission, TX
In McAllen-Edinburg-Mission, TX, Bill and Account Collectors earn an average annual salary of $39,200. This figure is notably below the national average of $48,000. Local economic factors and industry demand specific to the McAllen-Edinburg-Mission area contribute to this salary differential.
Executive Summary
- Average Salary: $39,200 per year.
- Growth Trend: Salaries have shifted 19.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $55,020.
- Outlook: The Bill and Account Collector job market in McAllen-Edinburg-Mission, TX, shows a moderate presence with a total local workforce of 220 individuals in this role. The Location Quotient of 0.72 suggests a slightly lower concentration of these jobs compared to the national average, indicating a stable but not exceptionally high demand within the region.
Salary Overview
The average Bill and Account Collectors in McAllen-Edinburg-Mission, TX earns-18.3%below the national average.
$18.9
$754
$3,267
Bill and Account Collectors Salary Trends (2020-2024)
While specific historical data for Bill and Account Collectors in McAllen-Edinburg-Mission is not provided, it is generally assumed that salaries in this sector have seen incremental growth over the past four years, mirroring broader economic trends and inflation adjustments. This suggests a steady, albeit potentially modest, upward trajectory for compensation in the region.
Bill and Account Collectors Salary Distribution in McAllen-Edinburg-Mission, TX
Career progression for Bill and Account Collectors typically involves a salary increase tied to experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive experience and a proven track record can command significantly higher salaries, often reflected in the upper percentiles of the salary distribution.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $26,420 | $12.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $29,400 | $14.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $37,200 | $17.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $49,000 | $23.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $55,020 | $26.5 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$39,200
Gross Pay
Real Wage (Purchasing Power)
$39,200
Adjusted for COL (100)
The average annual salary of $39,200 in McAllen-Edinburg-Mission, TX, aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary locally is equivalent to the national average, suggesting a balanced economic environment for residents.
Job Market Context
220
Total Jobs
0.771
Per 1K Jobs
0.72
Location Quotient
McAllen-Edinburg-Mission, TX has 0.72x 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.
With a Location Quotient of 0.72, the McAllen-Edinburg-Mission, TX, market for Bill and Account Collectors is less concentrated than the national average. This indicates that while the profession is present, it is not a dominant sector, suggesting a competitive landscape for job seekers and potentially fewer specialized opportunities compared to more heavily concentrated regions.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Brownsville-Harlingen, TX Bill and Account Collectors Salary | $44,880↑ 14% | 51 mi |
Comparing salaries near McAllen-Edinburg-Mission, TX
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in McAllen-Edinburg-Mission, TX?
The median annual salary for a Bill and Account Collectors in McAllen-Edinburg-Mission, TX is $39,200. This typically ranges from $26,420 for entry-level positions to $55,020 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in McAllen-Edinburg-Mission, TX is 18.3% lower than the national median of $48,000.
Is McAllen-Edinburg-Mission, TX a lucrative place for Bill and Account Collectors?
No, not particularly lucrative compared to the national average.The average salary of $39,200 is significantly lower than the national average of $48,000. However, the cost of living is also at the national average, making the purchasing power comparable.
Is McAllen-Edinburg-Mission, TX a good place to live for Bill and Account Collectors?
The Cost of Living Index in McAllen-Edinburg-Mission, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near McAllen-Edinburg-Mission, TX?
Some top paying nearby cities include Brownsville-Harlingen, TX ($44,880) and others.
How does the McAllen-Edinburg-Mission salary compare to the national average?
The average annual salary for Bill and Account Collectors in McAllen-Edinburg-Mission, TX is $39,200, which is $8,800 less than the national average of $48,000.
What is the concentration of Bill and Account Collectors in this area?
The Location Quotient of 0.72 indicates that Bill and Account Collector jobs are less concentrated in McAllen-Edinburg-Mission, TX, compared to the national average.
How does the cost of living affect the salary in McAllen-Edinburg-Mission, TX?
With a Cost of Living Index of 100, the local cost of living is on par with the national average. This means the $39,200 salary has the same purchasing power as the national average salary.
What is the total number of Bill and Account Collectors in McAllen-Edinburg-Mission, TX?
There are approximately 220 Bill and Account Collectors employed in the McAllen-Edinburg-Mission, TX 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 220 employees in the McAllen-Edinburg-Mission, TX area with a job density of 0.771 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 McAllen-Edinburg-Mission, TX