Average Bill and Account Collectors Salary in Mobile, AL
In Mobile, AL, Bill and Account Collectors earn an average annual salary of $41,880. This figure is notably lower than the national average of $48,000, suggesting that local economic factors and market demand play a significant role in compensation within this specific region.
Executive Summary
- Average Salary: $41,880 per year.
- Growth Trend: Salaries have shifted 33.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $63,180.
- Outlook: With a total local workforce of 240 Bill and Account Collectors, Mobile, AL presents a concentrated employment landscape. The location quotient of 1.35 indicates a higher concentration of these roles compared to the national average, suggesting a stable, albeit specialized, demand within the local economy.
Salary Overview
The average Bill and Account Collectors in Mobile, AL earns-12.8%below the national average.
$20.1
$805
$3,490
Bill and Account Collectors Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Bill and Account Collectors, like many professions, have seen modest growth over the past four years, driven by inflation and evolving industry needs. This trend likely positions current earnings in Mobile, AL, as having experienced some upward adjustment.
Bill and Account Collectors Salary Distribution in Mobile, AL
Career progression for Bill and Account Collectors typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior collectors with proven track records and specialized skills can command salaries significantly above the average, reflecting the typical percentile gaps seen in professional roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $29,970 | $14.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $31,410 | $15.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $41,390 | $19.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $52,350 | $25.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $63,180 | $30.4 |
Detailed Bill and Account Collectors Market Analysis
Relocation Context
Nominal Salary
$41,880
Gross Pay
Real Wage (Purchasing Power)
$41,880
Adjusted for COL (100)
The average annual salary of $41,880 in Mobile, AL, aligns precisely with the national average cost of living index of 100. This means that the purchasing power of a Bill and Account Collector's salary in Mobile is equivalent to the national average, offering no significant advantage or disadvantage in terms of affordability.
Job Market Context
240
Total Jobs
1.444
Per 1K Jobs
1.35
Location Quotient
With a location quotient of 1.35, Mobile, AL has a slightly higher-than-average concentration of Bill and Account Collectors roles compared to the national norm.
A location quotient of 1.35 signifies that Bill and Account Collector roles are 35% more concentrated in Mobile, AL, than the national average. This suggests a robust local market for these professionals, potentially indicating a higher demand relative to the available workforce compared to other regions.
Nearby Job Markets
Nearby Cities for Bill and Account Collectors
| City | Salary | Dist. |
|---|---|---|
| Pensacola-Ferry Pass-Brent, FL Bill and Account Collectors Salary | $48,680↑ 16% | 57 mi |
| Gulfport-Biloxi, MS Bill and Account Collectors Salary | $40,130↓ 4% | 59 mi |
| Hattiesburg, MS Bill and Account Collectors Salary | $35,680↓ 15% | 83 mi |
Comparing salaries near Mobile, AL
Hiring Bill and Account Collectorss?
Frequently Asked Questions
How much does a Bill and Account Collectors make in Mobile, AL?
The median annual salary for a Bill and Account Collectors in Mobile, AL is $41,880. This typically ranges from $29,970 for entry-level positions to $63,180 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Mobile, AL is 12.8% lower than the national median of $48,000.
Is Mobile, AL a lucrative place for Bill and Account Collectors?
No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average salary of $41,880 is below the national average of $48,000, indicating less lucrative earning potential.
Is Mobile, AL a good place to live for Bill and Account Collectors?
The Cost of Living Index in Mobile, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Mobile, AL?
Some top paying nearby cities include Pensacola-Ferry Pass-Brent, FL ($48,680) and Gulfport-Biloxi, MS.
How does Mobile, AL compare to the national average for Bill and Account Collectors?
Bill and Account Collectors in Mobile, AL, earn an average of $41,880 annually, which is less than the national average of $48,000. However, the cost of living is on par with the national average.
What is the concentration of Bill and Account Collectors in Mobile, AL?
Mobile, AL has a higher concentration of Bill and Account Collectors than the national average, indicated by a location quotient of 1.35. This suggests a stronger local presence of this profession.
Does the cost of living in Mobile, AL affect the salary for Bill and Account Collectors?
The cost of living in Mobile, AL is exactly at the national average (100). Therefore, the nominal salary of $41,880 has average purchasing power when compared nationally.
What does the job market look like for Bill and Account Collectors in Mobile, AL?
The job market in Mobile, AL, shows a notable concentration of Bill and Account Collectors, with 1.444 jobs per 1,000 workers and a location quotient of 1.35, indicating a specialized but present demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Mobile, AL area with a job density of 1.444 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 Mobile, AL