Average Bill and Account Collectors Salary in Milwaukee-Waukesha, WI
Bill and Account Collectors in the Milwaukee-Waukesha, WI area earn an average annual salary of $53,570, notably exceeding the national average of $48,000. This higher compensation is often influenced by regional economic factors, the specific demands of local industries, and the cost of doing business within the metropolitan area.
Executive Summary
- Average Salary: $53,570 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $66,260.
- Outlook: With a local workforce of 690 Bill and Account Collectors, Milwaukee-Waukesha presents a stable, albeit not exceptionally concentrated, job market for this profession. The Location Quotient of 0.79 suggests that while the profession is present, it is slightly less concentrated than the national average, indicating a balanced demand-supply dynamic.
Salary Overview
The average Bill and Account Collectors in Milwaukee-Waukesha, WI earns+11.6%above the national average.
$25.8
$1,030
$4,464
Bill and Account Collectors Salary Trends (2020-2024)
While specific historical data for this role in Milwaukee-Waukesha isn't provided, it's reasonable to assume a general trend of salary growth over the past four years, mirroring national economic patterns. Factors such as inflation, evolving collection technologies, and increased regulatory compliance likely contribute to upward pressure on compensation for skilled collectors.
Bill and Account Collectors Salary Distribution in Milwaukee-Waukesha, WI
Career progression for Bill and Account Collectors typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior collectors with specialized skills, extensive experience, and proven track records in complex debt recovery can command substantially higher salaries, reflecting the percentile gaps in earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,030 | $18.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $40,178 | $19.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $50,340 | $24.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $66,963 | $32.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $66,260 | $31.9 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$53,570
Gross Pay
Real Wage (Purchasing Power)
$53,570
Adjusted for COL (100)
The average annual salary of $53,570 in Milwaukee-Waukesha aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Bill and Account Collector's salary in this area is equivalent to the national standard, offering a stable financial footing without the added pressure of a higher cost of living.
Job Market Context
690
Total Jobs
0.845
Per 1K Jobs
0.79
Location Quotient
Milwaukee-Waukesha, WI has 0.79x 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.
The Location Quotient of 0.79 for Bill and Account Collectors in Milwaukee-Waukesha indicates a slightly lower concentration of these roles compared to the national average. This suggests that while the job market is established, there may be fewer specialized opportunities or a less saturated pool of candidates than in more heavily concentrated regions, potentially benefiting job seekers.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Racine-Mount Pleasant, WI Bill and Account Collectors Salary | $59,260↑ 11% | 25 mi |
| Janesville-Beloit, WI Bill and Account Collectors Salary | $46,750↓ 13% | 59 mi |
Comparing salaries near Milwaukee-Waukesha, WI
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Milwaukee-Waukesha, WI?
The median annual salary for a Bill and Account Collectors in Milwaukee-Waukesha, WI is $53,570. This typically ranges from $39,030 for entry-level positions to $66,260 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Milwaukee-Waukesha, WI is 11.6% higher than the national median of $48,000.
Is Milwaukee-Waukesha, WI a lucrative place for Bill and Account Collectors?
Yes, it offers competitive compensation.Bill and Account Collectors in Milwaukee-Waukesha earn above the national average salary. The local cost of living is also at the national average, making the compensation quite favorable.
Is Milwaukee-Waukesha, WI a good place to live for Bill and Account Collectors?
The Cost of Living Index in Milwaukee-Waukesha, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Milwaukee-Waukesha, WI?
Some top paying nearby cities include Racine-Mount Pleasant, WI ($59,260) and Janesville-Beloit, WI.
What is the average salary for a Bill and Account Collector in Milwaukee-Waukesha, WI?
The average annual salary for a Bill and Account Collector in Milwaukee-Waukesha, WI is $53,570.
How does the Milwaukee-Waukesha salary compare to the national average?
The average salary in Milwaukee-Waukesha ($53,570) is higher than the national average ($48,000) for Bill and Account Collectors.
What is the concentration of Bill and Account Collectors in Milwaukee-Waukesha?
The concentration, measured by the Location Quotient, is 0.79, which is slightly below the national average.
How does the cost of living in Milwaukee-Waukesha affect salary perception?
With a Cost of Living Index of 100, the national average, the salary of $53,570 offers purchasing power equivalent to the national standard.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 690 employees in the Milwaukee-Waukesha, WI area with a job density of 0.845 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 Milwaukee-Waukesha, WI